Market Forecast By Types (LED Lamps, LED Luminaires), By Applications (Outdoor Lighting, Indoor Lighting, Automotive Lighting, Railway Lighting & Others), By End Users (Commercial, Residential, Industrial), By Countries(United Arab Emirates, Saudi Arabia, Turkey, Qatar, Oman, Bahrain, South Africa, Egypt, Nigeria, Kuwait & Rest of MEA) and Competitive Landscape.
Product Code: ETC001236 | Publication Date: Aug 2024 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East and Africa LED Lighting and Fixtures MarketΒ |
Forecast period | 2024-2030 |
CAGR | 10.5% |
Growing Sector | Commercial |
Middle East and Africa LED Lighting and Fixtures Market report thoroughly covers the market by type, application, countries and end-user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East and Africa LED Lighting and Fixtures Market is expanding significantly as a result of rising energy efficiency programs and laws supporting environmentally friendly behaviour. This change is being fuelled by the expanding use of smart lighting technologies as well as the growing need for sophisticated lighting solutions in the commercial, industrial, and residential sectors. The Middle East and Africa area offers plenty of chances for innovation and growth in the LED market as infrastructure and urbanisation advance.
According to 6Wresearch, Middle East and Africa LED Lighting and Fixtures Market size is expected to grow at a significant CAGR of 10.5% during 2024-2030. This strong growth rate can be attributed to both the rising demand for smart lighting solutions and the growing investments in energy-efficient technologies. Additionally, it is anticipated that the market would advance throughout this time due to factors including growing consumer awareness of energy conservation and the incorporation of IoT in lighting systems. The LED industry will probably change as long as the public and private sectors prioritise green activities. This will open the door for new players in the market and novel products.
Strict energy efficiency policies and programs are being implemented in the Middle East and Africa region, which is one of the main factors driving the adoption of LED lighting. To cut energy use and fight climate change, governments are aggressively pushing sustainable lighting options. To promote energy-efficient techniques in building projects, such as LED lighting systems, the United Arab Emirates (UAE) introduced the "Green Building Regulations & Specifications" in 2013. Comparable initiatives have been seen in nations such as Egypt, Saudi Arabia, and Qatar, suggesting an increasing trend towards sustainable and energy-efficient lighting technologies.
There are still a number of challenges in the way of the Middle East and Africa LED lighting and fixtures market, despite its encouraging expansion. certain of these include the high initial costs of investment, the fact that certain consumers are not as aware of sophisticated lighting solutions, and the fact that old lighting infrastructure is still in place, which makes it difficult for energy-efficient technology to be widely adopted. Moreover, supply chain interruptions and inconsistent regulations throughout nations can make it more difficult for new competitors to enter the market.
Some significant companies that are operating in the market and continuously contributing to its success are Philips Lighting, Osram, Cree, and General Electric, each offering a diverse range of products tailored to meet the unique demands of the region. In addition to being leaders in the development of cutting-edge LED technology, these businesses are concentrating on strategic alliances and teamwork to increase their market share.
The Middle East and Africa region's market for LED lighting and fixtures is being greatly impacted by government regulations. Governments are enforcing strict regulations in an effort to decrease greenhouse gas emissions and encourage energy efficiency. Public building energy-efficient lighting mandates set the standard for private sector projects. Additionally, fiscal incentives such as tax rebates and subsidies are becoming more widespread. These rules incentivise manufacturers to increase productivity and sustainability and stimulate innovation in product creation.
Looking ahead, a number of significant trends and advancements are expected to propel the Middle East and Africa LED lighting and fixtures market's revolutionary expansion. As consumers and companies look for more customisable and energy-efficient options, the landscape of lighting solutions is expected to change due to the growing integration of smart technologies and the Internet of Things (IoT). In addition, the region's growing number of smart city and infrastructure projects will spur demand for cutting-edge LED systems that blend in perfectly with urban environments.
Furthermore, as consumer preferences shift in favour of eco-friendly solutions and public awareness of sustainability and energy conservation rises, LED lighting adoption will be further supported. Innovation in LED technology will also benefit from further investment in renewable energy sources and government commitment to reaching net-zero emissions. When taken as a whole, these factors point to a positive future for the Middle East and Africa LED lighting and fixtures industry, with steady expansion anticipated far into the following ten years.
According to Dhaval, Research Manager, 6Wresearch, LED luminaires and lamps are vital parts of the Middle East and Africa LED lighting market, serving both commercial and residential uses. Whereas luminaires are made for illumination in streets, buildings, and industrial settings, LED lamps provide energy efficiency, durability, and sustainability. The increasing use of sophisticated LED luminaires is fuelled by the trend towards smart city planning and infrastructure development.
Based on application, the Middle East and Africa LED lighting market is divided into segments for the automotive, railway, outdoor, and specialised industries. While indoor lighting is used in residential and business settings, outside lighting is rising due to urban safety and sustainability. The usage of LED systems for headlamps and interior lighting is contributing to the growth of automotive lighting. Railway lighting is primarily concerned with efficiency and safety; specialised applications include outdoor athletic events, theatres, and exhibitions.
The commercial, residential, and industrial sectors comprise the market segments for Middle East and Africa LED lighting and fixtures. Commercial lighting lowers expenses and improves energy efficiency in workplaces, retail establishments, hotels, and medical institutions. End consumers in residential settings are adopting LED lighting because of its longer lifespan, aesthetic appeal, and ability to save energy. Efficient lighting is essential for industrial settings including manufacturing facilities and warehouses as it promotes safety, efficiency, and minimises energy expenses and maintenance downtime. The variety of the Middle East and Africa LED lighting and fixtures market is emphasised by these sectors.
Significant regional differences exist in the Middle East and Africa LED lighting and fixtures market, which are influenced by infrastructural investment, regulatory frameworks, and economic situations. LED technology adoption is spearheading in major markets like the United Arab Emirates and Saudi Arabia, propelled by aspirational national sustainability objectives and urban development initiatives. On the other hand, government programs in countries such as South Africa and Egypt are placing a greater emphasis on energy efficiency, which is driving the expansion of LED applications. All things considered, the regional dynamics offer a varied terrain for the growth of the LED market, with every country making a contribution to the global progress towards creative and sustainable lighting solutions.
TheΒ Middle East and Africa LED Lighting and Fixtures MarketΒ report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. MEA LED Lighting and Fixtures Market Overview |
3.1 MEA Country Indicators |
3.2 MEA LED Lighting and Fixtures Market Revenues, 2020-2030F |
3.3 MEA LED Lighting and Fixtures Market Revenue Share, By Applications, 2020 & 2030F |
3.4 MEA LED Lighting and Fixtures Market Revenue Share, By Types, 2020 & 2030F |
3.5 MEA LED Lighting and Fixtures Market Revenue Share, By End Users, 2020 & 2030F |
3.6 MEA LED Lighting and Fixtures Market Revenue Share, By Countries, 2020 & 2030F |
3.7 MEA LED Lighting and Fixtures Market Industry Life Cycle |
3.8 MEA LED Lighting and Fixtures Market- Porterβs Five Forces, 2030 |
4. MEA LED Lighting and Fixtures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. MEA LED Lighting and Fixtures Market Trends |
6. MEA LED Lighting and Fixtures Market Overview, By Applications |
6.1 MEA LED Lighting and Fixtures Market Revenues, By Indoor Lighting, 2020-2030F |
6.2 MEA LED Lighting and Fixtures Market Revenues, By Outdoor Lighting, 2020-2030F |
6.3 MEA LED Lighting and Fixtures Market Revenues, By Automotive Lighting, 2020-2030F |
6.4 MEA LED Lighting and Fixtures Market Revenues, By Railway Lighting, 2020-2030F |
6.5 MEA LED Lighting and Fixtures Market Revenues, By Others, 2020-2030F |
7. MEA LED Lighting and Fixtures Market Overview, By Types |
7.1 MEA LED Lighting and Fixtures Market Revenues, By LED Lamps, 2020-2030F |
7.2 MEA LED Lighting and Fixtures Market Revenues, By LED Luminaires, 2020-2030F |
8. MEA LED Lighting and Fixtures Market Overview, By End Users |
8.1 MEA LED Lighting and Fixtures Market Revenues, By Commercial, 2020-2030F |
8.2 MEA LED Lighting and Fixtures Market Revenues, By Residential, 2020-2030F |
8.3 MEA LED Lighting and Fixtures Market Revenues, By Industrial, 2020-2030F |
9. Saudi Arabia LED Lighting and Fixtures Market Overview |
9.1 Saudi Arabia LED Lighting and Fixtures Market Revenues, 2020-2030F |
9.2 Saudi Arabia LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
9.3 Saudi Arabia LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
9.4 Saudi Arabia LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
10. Turkey LED Lighting and Fixtures Market Overview |
10.1 Turkey LED Lighting and Fixtures Market Revenues, 2020-2030F |
10.2 Turkey LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
10.3 Turkey LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
10.4 Turkey LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
11. Egypt LED Lighting and Fixtures Market Overview |
11.1 Egypt LED Lighting and Fixtures Market Revenues, 2020-2030F |
11.2 Egypt LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
11.3 Egypt LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
11.4 Egypt LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
12. Nigeria LED Lighting and Fixtures Market Overview |
12.1 Nigeria LED Lighting and Fixtures Market Revenues, 2020-2030F |
12.2 Nigeria LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
12.3 Nigeria LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
12.4 Nigeria LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
13. South Africa LED Lighting and Fixtures Market Overview |
13.1 South Africa LED Lighting and Fixtures Market Revenues, 2020-2030F |
13.2 South Africa LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
13.3 South Africa LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
13.4 South Africa LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
14. UAE LED Lighting and Fixtures Market Overview |
14.1 UAE LED Lighting and Fixtures Market Revenues, 2020-2030F |
14.2 UAE LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
14.3 UAE LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
14.4 UAE LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
15. Qatar LED Lighting and Fixtures Market Overview |
15.1 Qatar LED Lighting and Fixtures Market Revenues, 2020-2030F |
15.2 Qatar LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
15.3 Qatar LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
15.4 Qatar LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
16. Oman LED Lighting and Fixtures Market Overview |
16.1 Oman LED Lighting and Fixtures Market Revenues, 2020-2030F |
16.2 Oman LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
16.3 Oman LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
16.4 Oman LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
17. Bahrain LED Lighting and Fixtures Market Overview |
17.1 Bahrain LED Lighting and Fixtures Market Revenues, 2020-2030F |
17.2 Bahrain LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
17.3 Bahrain LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
17.4 Bahrain LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
30. Kuwait LED Lighting and Fixtures Market Overview |
30.1 Kuwait LED Lighting and Fixtures Market Revenues, 2020-2030F |
30.2 Kuwait LED Lighting and Fixtures Market Revenues, By Applications, 2020-2030F |
30.3 Kuwait LED Lighting and Fixtures Market Revenues, By Types, 2020-2030F |
30.4 Kuwait LED Lighting and Fixtures Market Revenues, By End Users, 2020-2030F |
19. Rest of MEA LED Lighting and Fixtures Market Overview |
19.1Rest of MEA LED Lighting and Fixtures Market Revenues, 2020-2030F |
20. MEA LED Lighting and Fixtures Market- Key Performance Indicators |
21. MEA LED Lighting and Fixtures Market Opportunity Assessment |
21.1 MEA LED Lighting and Fixtures Market Opportunity Assessment, By Applications, 2030F |
21.2 MEA LED Lighting and Fixtures Market Opportunity Assessment, By types, 2030F |
21.3 MEA LED Lighting and Fixtures Market Opportunity Assessment, By End Users, 2030F |
22. MEA LED Lighting and Fixtures Market Competitive LandscapeΒ |
22.1 MEA LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.1 Saudi Arabia LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.2 Nigeria LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.3 Egypt LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.4 Nigeria LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.5 South Africa LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.6 UAE LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.7 Qatar LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.8 Oman LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.9 Bahrain LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.1.10 Kuwait LED Lighting and Fixtures Market Revenue Share, By Companies, 2023 |
22.2 MEA LED Lighting and Fixtures Market Competitive Benchmarking, By Operating Parameters |
23. Company Profiles |
24. Strategic Recommendations |
25. Disclaimer |
Market Forecast By Types (LED Lamps, LED Luminaires), By Applications (Outdoor Lighting, Indoor Lighting, Automotive Lighting, Railway Lighting & Others), By End Users (Commercial, Residential, Industrial), By Countries(United Arab Emirates, Saudi Arabia, Turkey, Qatar, Oman, Bahrain, South Africa, Egypt, Nigeria, Kuwait & Rest of MEA) and Competitive Landscape.
Product Code: ETC001236 | Publication Date: Oct 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 29 |
Growing construction sector, rising awareness towards energy efficiency and growing government investment towards installation of LED lightings on the road and public infrastructure has propelled the growth of LED lighting and fixtures market in the Middle East and Africa region. Moreover, government has reduced the import taxes which has led to the decline in the prices of the LED lights resulting in surge in market demand in the region.
According to 6Wresearch, Middle East And Africa (MEA) LED Lighting And Fixtures Market size is projected to witness substantial growth in 2019-25.Β Government initiatives to emphasizes on electrifying the rural part particularly villages in MEA region and putting emphasis on eradicating traditional lighting product such as kerosene-based lighting products to reduce carbon footprint is the major factor which would propel the growth of LED lighting and fixture in the region over the forecast period
Saudi Arabia is the leading country in LED lighting and fixtures market on the back of growing construction projects in the country especially in the hospitality and residential sector. Moreover, with the growing investment in the country in the infrastructure development projects, LED lighting and fixture market is expected to register high growth over the next five years. Other factors driving the growth are government incentives and changing attitudes of people regarding LED lighting and fixtures.
The Middle East and Africa LED lighting and fixtures market report thoroughly covers the market by types, applications, end users, and countries including Saudi Arabia, UAE, Kuwait, Qatar, Oman, Bahrain, Turkey, Egypt, South Africa, Nigeria and rest of Middle East and Africa. The Middle East and Africa led lighting and fixtures market outlook report provides an unbiased and detailed analysis of the on-going Middle East and Africa LED lighting and fixtures market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Middle East and Africa LED Lighting and Fixtures Market report provides a detailed analysis of the following market segments:
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LED Lighting Event
Mr. Rajjat Kharbanda- Client Partner at 6Wresearch presented his views on LED market at recently held LED Expo 2019 Event with ET Realty.
In conversation with Ankit Sharma of ETRealty, Rajat Kharbanda, Client Partner, 6WResearch said the residential sector was the major driving factor for lighting industry but going forward industrial and commercial sectors are expected to drive growth. Adoption of smart lighting is currently low but is expected to increase going forward.
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