Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia Outdoor LED Lighting Market Forecast And Company Analysis Report 2025-2033 Featuring Panasonic, Signify, Hubbell, Eaton, Wipro Lighting, Samsung, And Bajaj Electricals


(MENAFN- GlobeNewsWire - Nasdaq) The Saudi Arabia Outdoor LED Lighting Market is set to burgeon to US$ 957.4 million by 2033 from US$ 318.96 million in 2024, with a CAGR of 12.99% from 2025-2033. This expansion is buoyed by extensive infrastructure developments, smart city initiatives like NEOM, and a shift toward energy-efficient lighting solutions. Government backing for sustainable urban planning and declining LED costs further accelerate growth. LED lighting thrives in public and private sectors. It supports Vision 2030 goals by enhancing energy efficiency and durability in the harsh desert climate. Top cities Riyadh, Jeddah, Dhahran, and Dammam experience robust demand due to mega-projects and urban modernizations.

Dublin, Sept. 04, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Outdoor LED Lighting Market Trends 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The Saudi Arabia Outdoor LED Lighting Market is expected to reach US$ 957.4 million in 2033, rising from US$ 318.96 million in 2024, at a CAGR of 12.99% during the period 2025-2033. This growth is fueled by countrywide infrastructure development, smart city projects such as NEOM, and greater adoption of energy-saving lighting systems. Government policies and policies favoring sustainable city planning and reduced LED prices further drive market growth.


In Saudi Arabia, outdoor LED lighting is increasingly popular because of the government's efforts towards energy efficiency and sustainable infrastructure, particularly under the Vision 2030 plan. LED lighting is being increasingly used in public and private sector initiatives, such as smart city development like NEOM and extensive infrastructure development. Its high temperature tolerance and ability to offer a consistent light make it the perfect choice for the extreme desert climate.
Municipalities are increasingly replacing conventional streetlights with LED solutions to reduce electricity consumption and maintenance costs. Additionally, LED's design flexibility and low environmental impact make it a preferred choice for modernizing urban landscapes while aligning with the kingdom's sustainability and energy diversification goals.
Growth Drivers in the Saudi Arabia Outdoor LED Lighting Market

Vision 2030 and Smart City Initiatives
The Vision 2030 plan of Saudi Arabia prioritizes sustainable urbanization, smart infrastructure, and lower energy usage. Integrated smart lighting solutions form the backbone for mega-projects like NEOM, The Line, and Qiddiya. Government initiatives towards smart cities also involve upgrading inefficient lighting infrastructure to LED systems for efficiency, saving carbon emissions, and for public safety. These massive investments are driving strong demand for high-end outdoor LED lighting throughout commercial, residential, and public infrastructure projects.

In 2024, A Tarshid senior official said Saudi Arabia wants to be the first G20 nation to apply LED street lighting for energy saving. At a panel during the Global Project Management Forum 2024 in Riyadh, Tarshid's technical services director, Mohammed Muaafa, pointed to efforts by the company in different projects to conserve electricity throughout the Kingdom.
Increasing Demand for Energy Efficiency
Outdoor LED lighting is far less power-intensive than traditional light systems. With escalating electricity costs and the necessity for reduced environmental footprints, public authorities and private builders are looking towards LEDs to save long-term running costs. Saudi Arabia, which has a high per capita energy consumption, is promoting the use of LEDs in its energy efficiency initiatives. This realignment is not only cost-saving but also supports the kingdom's ambition to cut reliance on oil through environmentally friendly infrastructure development.

Expansion in Public Infrastructure and Tourism
Continued expansion of public infrastructure, transportation, and tourism locations is driving demand for high-quality, weather-resistant outdoor lighting. Airport expansion, recreational areas, beachfront projects, and renovation of heritage sites require beautiful and long-lasting lighting systems. Increasing tourism, especially in urban centers like AlUla and Riyadh, is also driving investment in LED lighting for better ambiance, security, and night visibility. All these uses are expanding the size and diversification of Saudi Arabia's outdoor LED lighting market.

In 2023, the Saudi Ministry of Sports initiated a SAR 10.1 billion project to construct and develop sports infrastructure over a period of five years. The project is backing the collaborative bid with Egypt and Greece to stage the 2030 FIFA World Cup and features three new stadiums in Riyadh, Al-Khobar, and Dammam, providing scope for high-end outdoor lighting solutions.
Challenges in the Saudi Arabia Outdoor LED Lighting Market

High Initial Installation Costs
Although long-term cost savings, the initial expense of buying and installing outdoor LED systems continues to be a deterrent, especially for small towns or private developers with limited budgets. Sophisticated functions including smart controls, motion sensors, and solar integration increase the initial investment. This cost component typically slows large-scale implementation, primarily in rural or less economically advanced areas of the kingdom. Government subsidies or financial incentives are required to promote wider market penetration.
Technical Skills and Maintenance Limitations
The installation, calibration, and maintenance of smart and connected outdoor LEDs need expertise from technical professionals. Yet, there is no local skillset for operating IoT-based lighting systems or even for debugging LED component failures. Lack of technical competency in this area can result in subpar system performance and delayed maintenance. Increasing workforce development in LED and smart lighting technologies will be critical to maintain quality and dependability as the industry expands.

Key Players Analysis (Overviews, Key Persons, Recent Developments, SWOT Analysis, Revenue Analysis)

  • Panasonic Corporation
  • Signify
  • Hubbell Incorporated
  • Eaton Corporation plc
  • Wipro Lighting Ltd.
  • Samsung Electronics Co. Ltd.
  • Bajaj Electricals Limited

Key Attributes:

Report Attribute Details
No. of Pages 200
Forecast Period 2024 - 2033
Estimated Market Value (USD) in 2024 $318.96 Million
Forecasted Market Value (USD) by 2033 $957.4 Million
Compound Annual Growth Rate 12.9%
Regions Covered Saudi Arabia


Key Topics Covered:
1. Introduction
2. Research & Methodology
2.1 Data Source
2.2 Research Approach
2.3 Forecast Projection Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Saudi Arabia Outdoor LED Lighting Market
5.1 Historical Market Trends
5.2 Market Forecast
6. Market Share Analysis
6.1 Application
6.2 Installation
6.3 Offering
6.4 States
7. Application
7.1 Public Places
7.2 Streets and Roadways
7.3 Others
8. Installation
8.1 New
8.2 Retrofit
9. Offering
9.1 Hardware
9.2 Software
9.3 Services
10. Top States
10.1 Dhahran
10.2 Riyadh
10.3 Khobar
10.4 Jeddah
10.5 Dammam
10.6 Others
11. Value Chain Analysis
12. Porter's Five Forces Analysis
12.1 Bargaining Power of Buyers
12.2 Bargaining Power of Suppliers
12.3 Degree of Competition
12.4 Threat of New Entrants
12.5 Threat of Substitutes
13. SWOT Analysis
13.1 Strength
13.2 Weakness
13.3 Opportunity
13.4 Threats
14. Pricing Benchmark Analysis
14.1 Panasonic Corporation
14.2 Signify
14.3 Hubbell Incorporated
14.4 Eaton Corporation plc
14.5 Wipro Lighting Ltd.
14.6 Samsung Electronics Co. Ltd.
14.7 Bajaj Electricals Limited
15. Key Players Analysis

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  • Saudi Arabian Outdoor LED Lighting Market
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