Smart Lightning Technology is lighting technology that is connected to the internet. It is specially designed to provide an energy efficient way to manage the lighting system of homes. It consists of smart lighting bulbs, fixatures, luminaries which are accessible to get connected with internet and Wi-Fi. It helps to control the lights through smartphones, voice assistant and home automation systems.  This system reduces energy consumption, reduces the financial expenses on electricity bills and improves security level allowing us to create a smart home. 

More Info, Click to Access Complete Report – https://www.gmiresearch.com/report/saudi-arabia-smart-lighting-market/

The main factors of Saudi Arabia smart lighting market include emergence of smart cities, expansion in real estate sector, rising demand for energy efficient lighting solutions and government measures to promote tourism industry. The government is taking various initiatives to conserve energy, developing smart cities that are equipped with smart lighting technologies and systems. The government planned to install smart lights on the streets as a vision of 2030 to achieve the environmental objectives in Madinah. Such initiatives are supporting the smart lighting market in Saudi Arabia.

Request For a FREE Sample Report - https://www.gmiresearch.com/report/saudi-arabia-smart-lighting-market/sample-request

In Saudi Arabia, smart lighting solutions are expanding quickly as it conserve energy and can be managed remotely via smartphones and home automation systems. The government is investing in new projects to help the Saudi economy. Projects like NEOM City, Red Sea Development Project etc. The government is investing USD 1.5 trillion in the tourism industry to bring at least 100 million tourists in Saudi Arabia in 2030 to improve the economy, relations, and trade with other countries. 

To diversify the economy, government is investing in infrastructure projects such as Makkah and Riyad metro and expansion of the King Abdulaziz International Airport. These projects will require advance lighting technologies, will create more opportunities for smart lighting in Saudi Arabia. However, high installation cost, security and privacy concerns are hindering the market growth. 

The leading players operating in the smart lighting market include Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton), Zumtobel Lighting Saudi Arabia, Osram/Ledvance, Al Fanar Company Ltd, Zubair Electric Group/ Spectra Lighting & Power Solutions LLC, Cinmar Lighting Systems, Huda Lighting, Al AbdulKarim Trading Company among others.

Based on Offering, the Hardware segment is projected to expand at a remarkable CAGR over the forecast period

Hardware components such as Light and luminaries, lighting controls are essential part of the smart lighting. Luminaries offers smart solutions among various applications such as commercial, public, and residential infrastructure.

Based on Application, the Indoor segment is predicted to increase at a fastest CAGR

Smart lighting helps to reduce energy consumption with the low maintenance cost across the residential, commercial and industrial end-use. Smart lighting is utilized in commercial facilities such as workplace, malls, stores, and hotels and used for residential purpose. Smart lighting aids in lowering the overall demand for lighting energy. 

Market Segmentation

Saudi Arabia smart lighting market Segmentation by Offering

• Hardware
  • Lights & Luminaires
  • Lighting Controls
• Software
  • Local/Web-Based Software
  • Cloud-Based Software
• Services
  • Design & Engineering
  • Installation Services
  • Post-Installation Services

Saudi Arabia smart lighting market Segmentation by Source

• LED Lamps
• Fluorescent Lamps
• Compact Fluorescent Lamps
• High Intensity Discharge Lamps
• Others

Saudi Arabia smart lighting market Segmentation by Communication Technology

• Wired Technology
  • Digital Addressable Lighting Interface
  • Power-Line Communication
  • Power Over Ethernet
  • Wired Hybrid Protocols
• Wireless Technology
  • Zigbee
  • Bluetooth/Bluetooth Low Energy
  • Enocean
  • Wi-Fi
  • 6lowpan
  • Wireless Hybrid Protocols

Saudi Arabia smart lighting market Segmentation by Installation Type

• New Installation
• Retrofit Installation

Segmentation by Application

• Indoor Application
  • Residential
  • Commercial
  • Industrial
• Outdoor Application
  • Highways & Roadways
  • Architectural
  • Public Places

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: [email protected]
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com