Saudi Arabia Smart Lighting Market 2020-25: Overview, Trends, Opportunities, Growth and Forecast
According to the latest report by IMARC Group, titled “Saudi Arabia Smart Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the saudi arabia smart lighting market is experiencing strong growth. Looking forward, IMARC Group expects the Saudi Arabia smart lighting market to continue its strong growth during the next five years.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Smart-lighting refers to a technology created for the efficient use of light resources by employing power saving fixtures with automated controls. It incorporates a wall keypad and touchscreen panel that can be accessed through a smartphone application or voice command. Smart lighting systems utilize intelligent management systems to control the lights and enable users to alter lighting according to occupancy and the availability of daylight. Smart lighting units operate on low energy, thereby providing various economical and environmental benefits. As a result, they are extensively adopted across the industrial, commercial, and residential sectors.
A significant growth in the construction sector, along with the rising development of modern housing projects, is driving the demand for smart lighting in Saudi Arabia. Furthermore, the elevating levels of urbanization and inflating disposable incomes are catalyzing the installation of smart lighting in residential areas, thereby propelling the market growth. Additionally, the growing consumption of electricity, coupled with the escalating need for energy-efficient lighting systems due to rising environmental concerns are also augmenting the market. Moreover, the Saudi Arabian government is encouraging the adoption of smart lighting systems to minimize overhead operational costs and balance the high energy demand. Apart from this, the emergence of smart lighting technology equipped with sensors in the transportation sector is expected to bolster the market growth in Saudi Arabia over the coming years.
Saudi Arabia Smart Lighting Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the saudi arabia smart lighting market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the saudi arabia smart lighting market on the basis of offering, communication technology, installation type, light source, application and region.
Breakup by Offering:
Breakup by Communication Technology:
- Wired Technology
- Wireless Technology
Breakup by Installation Type:
- New Installation
- Retrofit Installation
Breakup by Light Source:
- LED Lamps
- Fluorescent Lamps
- Compact Fluorescent Lamps
- High Intensity Discharge Lamps
Breakup by Application:
- Public Infrastructure
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/saudi-arabia-smart-lighting-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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