The GCC smart lighting market size reached US$ 483.0 Million in 2023. Looking forward, the publisher expects the market to reach US$ 2.37 billion by 2032, exhibiting a growth rate (CAGR) of 19.3% during 2023-2032.
Smart-lighting is a technology designed for efficient use of light resources with power-saving fittings and automated controls. Using smart lighting technology, the consumer is able to adjust the ambient lighting depending upon the occupancy or daylight availability. Smart-lighting products have extensive applications in commercial, industrial and residential sectors and consist of a smartphone-controlled wall keypad and a touchscreen panel. This adds significantly to the convenience of the consumer, as smart lights and bulbs can be programmed to switch on and off at any chosen moment. Various smart bulbs are engineered to produce light that resembles natural sunshine in order to make the consumer feel more productive and fresh, irrespective of night or day. Additionally, it provides a greater sense of security for those who are away from their homes and are able to turn on/off the house lights at their will. Smart lights are also available in multiple colors that add to the aesthetic value of the space and provides the user with a variety in décor and ambiance.
Consistently increasing energy consumption and electricity demands of the GCC region are among the key factors driving the smart lighting market in the region. Moreover, rising economic growth, population growth and increasing government support are also creating a positive impact on the smart lighting market in the region. Consumers are also increasingly adopting smart lighting products due to its cost efficiency and remote accessibility through smartphones and voice-command features. Additionally, increasing investments in smart homes and cities are expanding the market for smart lighting. Moreover, governments across the GCC countries have started to equip existing roads, tunnels and public areas with smart lighting equipment that work according to the occupancy and traffic on the road.
This latest report provides a deep insight into the GCC smart lighting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC smart lighting market in any manner.
Lights and Luminaires
Lighting Controls
Software
Services
Design and Engineering
Installation
Post-Installation
Wireless Technology
Retrofit Installation
Fluorescent Lamps
Compact Fluorescent Lamps
High Intensity Discharge Lamps
Others
Residential
Public Infrastructure
Others
UAE
Oman
Kuwait
Bahrain
Qatar
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
2. What is the expected growth rate of the GCC smart lighting market during 2024-2032?
3. What are the key factors driving the GCC smart lighting market?
4. What has been the impact of COVID-19 on the GCC smart lighting market?
5. What is the breakup of the GCC smart lighting market based on the offering?
6. What is the breakup of the GCC smart lighting market based on the communication technology?
7. What is the breakup of the GCC smart lighting market based on the installation type?
8. What is the breakup of the GCC smart lighting market based on the light source?
9. What is the breakup of the GCC smart lighting market based on the application?
10. What are the key regions in the GCC smart lighting market?
Smart-lighting is a technology designed for efficient use of light resources with power-saving fittings and automated controls. Using smart lighting technology, the consumer is able to adjust the ambient lighting depending upon the occupancy or daylight availability. Smart-lighting products have extensive applications in commercial, industrial and residential sectors and consist of a smartphone-controlled wall keypad and a touchscreen panel. This adds significantly to the convenience of the consumer, as smart lights and bulbs can be programmed to switch on and off at any chosen moment. Various smart bulbs are engineered to produce light that resembles natural sunshine in order to make the consumer feel more productive and fresh, irrespective of night or day. Additionally, it provides a greater sense of security for those who are away from their homes and are able to turn on/off the house lights at their will. Smart lights are also available in multiple colors that add to the aesthetic value of the space and provides the user with a variety in décor and ambiance.
Consistently increasing energy consumption and electricity demands of the GCC region are among the key factors driving the smart lighting market in the region. Moreover, rising economic growth, population growth and increasing government support are also creating a positive impact on the smart lighting market in the region. Consumers are also increasingly adopting smart lighting products due to its cost efficiency and remote accessibility through smartphones and voice-command features. Additionally, increasing investments in smart homes and cities are expanding the market for smart lighting. Moreover, governments across the GCC countries have started to equip existing roads, tunnels and public areas with smart lighting equipment that work according to the occupancy and traffic on the road.
This latest report provides a deep insight into the GCC smart lighting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC smart lighting market in any manner.
Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the GCC smart lighting market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on offering, communication technology, installation type, light source and application.Breakup by Offering:
HardwareLights and Luminaires
Lighting Controls
Software
Services
Design and Engineering
Installation
Post-Installation
Breakup by Communication Technology:
Wired TechnologyWireless Technology
Breakup by Installation Type:
New InstallationRetrofit Installation
Breakup by Light Source:
LED LampsFluorescent Lamps
Compact Fluorescent Lamps
High Intensity Discharge Lamps
Others
Breakup by Application:
CommercialResidential
Public Infrastructure
Others
Breakup by Region:
Saudi ArabiaUAE
Oman
Kuwait
Bahrain
Qatar
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report
1. How big is the GCC smart lighting market?2. What is the expected growth rate of the GCC smart lighting market during 2024-2032?
3. What are the key factors driving the GCC smart lighting market?
4. What has been the impact of COVID-19 on the GCC smart lighting market?
5. What is the breakup of the GCC smart lighting market based on the offering?
6. What is the breakup of the GCC smart lighting market based on the communication technology?
7. What is the breakup of the GCC smart lighting market based on the installation type?
8. What is the breakup of the GCC smart lighting market based on the light source?
9. What is the breakup of the GCC smart lighting market based on the application?
10. What are the key regions in the GCC smart lighting market?
Table of Contents
1 Preface3 Executive Summary12 Government Regulations13 Strategic Recommendations
2 Scope and Methodology
4 Introduction
5 GCC Smart Lighting Market
6 Market Breakup by Offering
7 Market Breakup by Communication Technology
8 Market Breakup by Installation Type
9 Market Breakup by Light Source
10 Market Breakup by Application
11 Market Breakup by Region
14 Competitive Landscape
List of Figures
List of Tables
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | July 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 483 Million |
| Forecasted Market Value ( USD | $ 2373 Million |
| Compound Annual Growth Rate | 19.3% |
| Regions Covered | Middle East |
