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Middle East and Africa (MEA) LED Lighting Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 38 Pages
  • May 2023
  • Region: Africa, Middle East
  • GlobalData
  • ID: 5832851
LED Lighting in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • LED lamps or luminaires are long-lasting and provide quality lighting than fluorescent or compact fluorescent or halogen incandescent or incandescent light bulbs. In LED lighting, LEDs are incorporated into lamps and luminaires for general lighting purposes. Both indoor and outdoor LED lightings are in our scope. Indoor LED lighting includes A-Type, decorative, directional, small directional, downlighting, linear fixture, and low/high bay. Outdoor LED lighting scope includes street/roadway, parking garage, parking lot, and building exterior.
  • The Middle East & African LED lighting market had total revenues of $3.5 billion in 2022, representing a compound annual growth rate (CAGR) of 7.5% between 2017 and 2022.
  • The residential segment accounted for the market's largest proportion in 2022, with total revenues of $1.4 billion, equivalent to 39.2% of the market's overall value.
  • The growth of the market in 2022 is attributed to the growing residential and non-residential construction, huge energy savings, durability and long life over incandescent light bulbs, and better light quality than other types of lighting.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the led lighting market in Middle East & Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the led lighting market in Middle East & Africa
  • Leading company profiles reveal details of key led lighting market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa led lighting market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Middle East & Africa led lighting market by value in 2022?
  • What will be the size of the Middle East & Africa led lighting market in 2027?
  • What factors are affecting the strength of competition in the Middle East & Africa led lighting market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Middle East & Africa's led lighting market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the strengths of leading players?
7.4. What were the most recent market developments?
8 Company Profiles
8.1. Opple Lighting Co Ltd
8.2. Signify NV
8.3. OSRAM Licht AG
8.4. Jaf LED Lights & Electricals LLP
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
List of Tables
Table 1: Middle East & Africa led lighting market value: $ million, 2017-22
Table 2: Middle East & Africa led lighting market category segmentation: % share, by value, 2017-2022
Table 3: Middle East & Africa led lighting market category segmentation: $ million, 2017-2022
Table 4: Middle East & Africa led lighting market geography segmentation: $ million, 2022
Table 5: Middle East & Africa led lighting market value forecast: $ million, 2022-27
Table 6: Opple Lighting Co Ltd: key facts
Table 7: Opple Lighting Co Ltd: annual financial ratios
Table 8: Opple Lighting Co Ltd: key employees
Table 9: Signify NV: key facts
Table 10: Signify NV: annual financial ratios
Table 11: Signify NV: key employees
Table 12: OSRAM Licht AG: key facts
Table 13: OSRAM Licht AG: annual financial ratios
Table 14: OSRAM Licht AG: key employees
Table 15: Jaf LED Lights & Electricals LLP: key facts
Table 16: Middle East & Africa size of population (million), 2018-22
Table 17: Middle East & Africa gdp (constant 2005 prices, $ billion), 2018-22
Table 18: Middle East & Africa gdp (current prices, $ billion), 2018-22
Table 19: Middle East & Africa inflation, 2018-22
Table 20: Middle East & Africa consumer price index (absolute), 2018-22
Table 21: Middle East & Africa exchange rate, 2018-22
List of Figures
Figure 1: Middle East & Africa led lighting market value: $ million, 2017-22
Figure 2: Middle East & Africa led lighting market category segmentation: $ million, 2017-2022
Figure 3: Middle East & Africa led lighting market geography segmentation: % share, by value, 2022
Figure 4: Middle East & Africa led lighting market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the led lighting market in Middle East & Africa, 2022
Figure 6: Drivers of buyer power in the led lighting market in Middle East & Africa, 2022
Figure 7: Drivers of supplier power in the led lighting market in Middle East & Africa, 2022
Figure 8: Factors influencing the likelihood of new entrants in the led lighting market in Middle East & Africa, 2022
Figure 9: Factors influencing the threat of substitutes in the led lighting market in Middle East & Africa, 2022
Figure 10: Drivers of degree of rivalry in the led lighting market in Middle East & Africa, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Opple Lighting Co Ltd
  • Signify NV
  • OSRAM Licht AG
  • Jaf LED Lights & Electricals LLP