LTME19 Middle East and Africa Industrial Commercial and Outdoor Lighting Market Report

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MIDDLE EAST AND AFRICA

INDUSTRIAL,COMMERCIAL AND OUTDOOR LIGHTING MARKET

In 2018, Saudi Arabia recorded highest revenue share


in Middle East, the Kingdom captured more than 30% revenue share
of lighting fixture market followed by Turkey, UAE, Iran and others.
Over the coming years, countries including UAE, Jordan, Lebanon
and Qatar are expected to record rapid growth owing to higher
demand of lighting fixture solutions.

Middle East Lighting Fixture Market Revenues , $ Billion (2016 – 25F)

CAGR 10 %
2019 – 25F

4.1 4.4 5.0 5.4 6.0 6.5 7.3 8.1 8.9 9.7
($Billion)
2016 2017 2018 2019F 2020F 2021F 2022F 2023F 2024F 2025F

Middle East Lighting Fixture Market Revenue Share, By Countries (2018)

13.6% 15.4% 11.8% 30.5%

UNITED ARAB EMIRATES TURKEY IRAN KINGDOM OF SAUDI ARABIA

Middle East Lighting Fixture Market Revenue Share, By Applications (2018)

Among all verticals, the industrial segment


Industrial 42.3%
captured major revenue share in 2018 owing
to higher deployment of lighting fixtures.
Commercial vertical was majorly driven by Commercial 31.8%
commercial offices, retail outlets, shopping
malls and others Over the coming years,
education and healthcare vertical are likely to Outdoor 18.1%
record maximum growth rate owing to rising
demand across the applications.
Others 7.8%

Key Upcoming Construction Projects in Saudi Arabia

JABAL OMAR MAKKAH GRAND KINGDOM KING ABDULLAH`


DEVELOPERS MOSQUE DEVELOPER TOWER FINANCIAL DISTRICT

$7.8 bn $2 bn $26.6 bn $5.3 bn

Africa General Lighting Market Revenues, $ Billion (2016 – 25F)

CAGR 26%
2019E – 25F

0.5 0.57 0.66 0.78 0.93 1.142 1.146 1.17 2.33 3.15
($Billion)
2016 2017 2018 2019F 2020F 2021F 2022F 2023F 2024F 2025F

Africa General Lighting Market Revenue Share, By Applications (2018)

RESIDENTIAL OFFICE OUTDOOR HOSPITALITY OTHERS

32% 23% 21% 2% 21%


The African lighting market is the emerging market prospects for LED lighting. This emerging economic modernization
around African countries comes at a time of global economic recession, but Africa still maintains steady economic
growth. South Africa became the first African countries in phasing out incandescent lamps. Africa has been committed
to the development of sustainable lighting solutions seeking effective solutions to power consumption in the global low
carbon trend, driven by demand for LED lighting increased. Over the coming years, Africa lighting market is expected to
record considerable growth owing to infrastructure development and rising demand for low cost lighting solutions
across the region

Report by: Email: sales@6wresearch.com

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