Middle East And Africa Indoor Lighting Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 5,572.54 million |
Market Size (Forecast Year) |
USD 8,617.17 million |
CAGR |
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Major Markets Players |
Middle East and Africa Indoor Lighting Market, By Type (LED Lamps, Fixtures, Downlight, Panels, Spotlights, Tracklights, Battens, Highbay, Linear System, Floodlight, Bulkheads, Street Lighting, Others), Mode of Operation (Manual, Automatic/Smart Light), Wattage Type (Less Than 50 W, 50–150 W, More Than 150 W), Distribution Channel (Traditional Channel, Online Sales), Lighting Technology (Light Emitting Diode (LED), Compact Fluorescent Light Bulbs (CFL), Incandescent Bulbs), Installation Type (New Installation, Retrofit Installation), Application (Residential, Commercial, Office Lighting, Industrial, Agriculture/Animal Care, Sport Club/Gym, Dockyard/Harbour, Retail, Shop Lighting, Hospitality, Sports Halls & Gyms, Art Galleries, Museum, Pedestrian Traffic Areas, Others) – Industry Trends and Forecast to 2030.
Middle East and Africa Indoor Lighting Market Analysis and Size
LED lamps are dominating the providing segment as their energy efficiency grows in popularity. LED lighting can save up to 50% more energy than traditional types of lighting. LEDVANCE GmbH released a new flexible LED strip lighting system in July 2019. These LED strips come in a variety of profiles and drivers for recessed or surface installation.
Data Bridge Market Research analyses that the indoor lighting market, which was USD 5,572.54 million in 2022, is expected to reach USD 8,617.17 million by 2030, at a CAGR of 4.60% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Middle East and Africa Indoor Lighting Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (LED Lamps, Fixtures, Downlight, Panels, Spotlights, Tracklights, Battens, Highbay, Linear System, Floodlight, Bulkheads, Street Lighting, Others), Mode of Operation (Manual, Automatic/Smart Light), Wattage Type (Less Than 50 W, 50–150 W, More Than 150 W), Distribution Channel (Traditional Channel, Online Sales), Lighting Technology (Light Emitting Diode (LED), Compact Fluorescent Light Bulbs (CFL), Incandescent Bulbs), Installation Type (New Installation, Retrofit Installation), Application (Residential, Commercial, Office Lighting, Industrial, Agriculture/Animal Care, Sport Club/Gym, Dockyard/Harbour, Retail, Shop Lighting, Hospitality, Sports Halls & Gyms, Art Galleries, Museum, Pedestrian Traffic Areas, Others) |
Countries Covered |
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Signify Holding (Netherlands), Fagerhult Group (Sweden), OSRAM GmbH (Germany), Zumtobel Group AG (Austria), LEDVANCE GmbH (Germany), Altman Lighting (U.S.), Astute Lighting Ltd (U.K.), Bamford Lighting (U.K.), Dextra Group (U.K.), Halla, a.s. (Czechia), Hubbell. (U.S.), IDEAL INDUSTRIES, INC. (U.S.), Reggiani Spa Illuminazione (Italy), Sylvania (U.S.), TRILUX Lighting Ltd (India), and OLIGO Lichttechnik GmbH (Germany) |
Market Opportunities |
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Market Definition
Indoor lighting uses low heat and single point source light-emitting diode (LED) technology. This technology can be used to directly illuminate spaces and items within buildings. When compared to fluorescent or incandescent lights, this illumination helps to reduce energy usage by up to 80%. The main feature of interior design is the utilisation of optimum lighting. It may improve and elevate every aspect of a room, from the furniture, flooring, and fixtures to the finishes and textures.
Middle East and Africa Indoor Lighting Market Dynamics
Drivers
- Growing demand for comfortable lighting solutions will drive the market growth
The increased demand for comfortable and innovative lighting solutions, as well as the requirement for energy-efficient solutions, may open up fresh prospects in the market. Energy-efficient lightbulbs, such as LEDs, often use 25%-80% less energy and last 3-25 times longer than traditional lighting solutions such as incandescent, halogen, compact fluorescent lamps (CFLs), and so on. The market's growth is aided by ongoing technical advancements such as smart lighting systems in commercial or residential buildings, increased infrastructure projects worldwide, and customer preferences for better interior lighting design.
- Rising use of LED lights will bolster the growth of the market
LED lights are frequently a better option than incandescent, CFL, incandescent, and halogen lights since they may function with minimum energy input while providing excellent illumination. LEDs are widely used in both indoor and outdoor applications. LEDs provide designers with creative options as well as the durability to resist repeated switching. As customers become more aware of the benefits, the market is projected to grow.
Opportunities
- Growing intoroduction of law and regulations to conserve energy will as a market opportunity
Product certification is managed by a number of key regulatory entities, including the American National Standards Institute, China Compulsory Certification, and the International Electrotechnical Commission. After getting the necessary licences, manufacturing can conduct business, provide services, and import and export items. Governments in both wealthy and emerging economies are attempting to reduce excessive energy consumption. They accomplish this by enforcing a number of quality laws that help them maintain customer safety, manage energy use, and monitor environmental risks. As a result, it is expected that tight government regulations limiting the use of high-energy lighting will boost market growth.
Restraints/Challenges
- High costs associated will further derail the market growth rate
Higher installation prices and a lack of knowledge among developing countries in the region are impeding the growth of the studied industry. Replacing old systems with ambient lighting results in high replacement costs, which is one of the factors impeding market growth during the forecast period of 2023-2030.
This indoor lighting market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the indoor lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2022, Samsung Electronics Co., Ltd. revealed the latest tiny LED in February. Micro LED, as Samsung's cutting-edge display, provides best-in-class visual quality. This goal has been met by 25 million micrometer-sized light-emitting diodes, each of which produces colour and light independently, resulting in an immersive experience with exceptionally brilliant colours, amazing depth, and a heightened level of contrast and clarity.
Middle East and Africa Indoor Lighting Market Scope
The indoor lighting market is segmented on the basis of type, mode of operation, wattage type, distribution channel, lighting technology, installation type, and application.
Type
- Lamps
- Fixtures
- Downlight
- Panels
- Spotlights
- Tracklights
- Battens
- Highbay
- Linear System
- Floodlights
- Bulkheads
- Street Lighting
- Others
Mode of Operation
- Manual
- Automatic
Wattage Type
- Less Than 50 W
- 50–150 W
- More Than 150 W
Distribution Channel
- Traditional Channel
- Online Sales
Lighting Technology
- Light Emitting Diode (LED)
- Compact Fluorescent Light Bulbs (CFL)
- Incandescent Bulbs
Installation Type
- New Installation
- Retrofit Installation
Application
- Residential
- Commercial
- Office Lighting
- Industrial
- Agriculture/Animal Care
- Sport Club/Gym
- Dockyard/Harbour
- Retail
- Shop Lighting
- Hospitality
- Sports Halls and Gyms
- Art Galleries
- Museum
- Pedestrian Traffic Areas
- Others
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Indoor Lighting Market Regional Analysis/Insights
The indoor lighting market is analysed and market size insights and trends are provided by country, type, mode of operation, wattage type, distribution channel, lighting technology, installation type, and application as referenced above.
The countries covered in the indoor lighting market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Saudi Arabia dominates the Middle East and Africa indoor lighting market due to factors such as increasing LED adoption across industries, regional energy efficiency targets, and increased customer desire for energy efficient equipment. The UAE is the second largest indoor lighting market in the Middle East and Africa, owing to factors such as the use of smart lighting solutions for smart city infrastructure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Indoor Lighting Market Share Analysis
The indoor lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to indoor lighting market.
Some of the major players operating in the indoor lighting market are:
- Signify Holding (Netherlands)
- Fagerhult Group (Sweden)
- OSRAM GmbH (Germany)
- Zumtobel Group AG (Austria)
- LEDVANCE GmbH (Germany)
- Altman Lighting (U.S.)
- Astute Lighting Ltd (U.K.)
- Bamford Lighting (U.K.)
- Dextra Group (U.K.)
- Halla, a.s. (Czechia)
- Hubbell. (U.S.)
- IDEAL INDUSTRIES, INC. (U.S.)
- Reggiani Spa Illuminazione (Italy)
- Sylvania (U.S.)
- TRILUX Lighting Ltd (India)
- OLIGO Lichttechnik GmbH (Germany)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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