Saudi Arabia LED Light Market Size & Share - 2034 | Industry Growth

According to the report by Expert Market Research (EMR), the Saudi Arabia LED light market reached a value of SAR 6145.41 million in 2024. The market is projected to expand rapidly due to government initiatives promoting energy-efficient lighting, infrastructure expansion, and growing consumer awareness about sustainability. The market is forecast to grow at a CAGR of 17.20% between 2025 and 2034, ultimately reaching a value of SAR 30048.79 million by 2034.

The shift to LED lighting is a central aspect of the Kingdom's Vision 2030, which emphasizes energy efficiency and reduction of greenhouse gas emissions. As part of this vision, Saudi authorities aim to replace all conventional street lighting with LED lights, targeting a 70-75% reduction in electricity consumption. These efforts are aligned with the country's broader objective of producing 50% of its electricity from renewable sources by 2030.

Simultaneously, the rapid development of smart cities and infrastructure-evident from over 4,700 ongoing construction projects worth USD 852.3 billion-is increasing demand for modern and energy-efficient lighting systems across all sectors.

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Market Size

The LED light market in Saudi Arabia has experienced substantial growth over recent years. With an estimated market size of SAR 6145.41 million in 2024, the industry is on a trajectory of consistent expansion. The high rate of urbanization, coupled with the government's push for energy conservation, has significantly influenced the demand for LED lighting solutions.

Residential, commercial, industrial, and government sectors are all increasingly adopting LED technologies due to their energy efficiency, long service life, and low maintenance costs. These benefits are helping LED lights replace conventional lighting systems, creating ample opportunities for manufacturers and suppliers.

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Market Share

The Saudi LED light market is diversified, with significant shares held by the government and municipal sectors due to large-scale retrofitting and public infrastructure lighting projects. Commercial enterprises, including retail outlets, hotels, and office complexes, also command a notable portion of the market.

The residential sector is growing rapidly, driven by increased awareness of energy savings and enhanced lighting aesthetics. Consumers are now more inclined to install LED lights for general illumination as well as decorative purposes, contributing to a rise in sales volumes in the domestic sector.

International manufacturers dominate a considerable share of the market; however, local players are gaining traction by offering cost-competitive products and participating in government-supported energy-saving projects.

Market Trends

Smart lighting adoption is becoming increasingly popular across Saudi Arabia, especially in line with major smart city projects like NEOM and Qiddiya. These projects demand intelligent lighting solutions integrated with IoT, automation, and energy analytics.

Architectural and decorative LED lighting is also witnessing high demand, especially in commercial buildings, hotels, and entertainment facilities. These lights are being used not only for functionality but also for enhancing aesthetics and creating ambiance.

Retrofitting of existing infrastructure is another important trend. Replacing traditional lighting with LEDs in existing buildings allows property owners and public institutions to reduce energy consumption without investing in full-scale redesigns.

Increased focus on sustainability is encouraging both individuals and organizations to shift toward LED solutions. As environmental consciousness grows among consumers, LED lights are viewed as an effective way to reduce carbon footprints and lower electricity bills.

Drivers of Growth

Government policies and Vision 2030 have been instrumental in driving the growth of the LED light market. The government has introduced energy efficiency standards, public awareness campaigns, and large-scale public procurement of LEDs to push adoption across the country.

Infrastructure and urban expansion are creating immense demand for lighting systems. Residential developments, commercial projects, airports, roads, and public buildings all require efficient and long-lasting lighting, making LEDs the preferred choice.

Cost-effectiveness and energy savings offered by LED lighting are key factors encouraging adoption. While the initial investment may be higher compared to conventional lighting, the lower operational and maintenance costs result in significant savings over time.

Changing consumer behavior also plays a role, with a noticeable shift in preferences toward energy-efficient and environmentally responsible products. The broader availability of various LED options, including smart and color-adjustable lights, further fuels demand.

Market Key Players

The Saudi Arabia LED light market comprises a mix of global and local companies offering diverse product portfolios. Key players include:

Alnasser Group
Saudi Led Light Co,
NATIONAL LIGHTING CORP.
TECHNO LED LIGHTS
Inara Lighting Company
Nardeen Lighting Co. Ltd.
Huda Lighting
Philips SLC
Others

Other prominent contributors include Cree Inc., Acuity Brands Lighting Inc., and local entities such as Saudi Lighting Company, which benefit from domestic distribution networks and alignment with national energy goals.

Challenges and Opportunities

High initial investment costs continue to be a deterrent for some end-users, particularly in the residential sector. Although LED lighting proves economical in the long term, upfront costs remain a barrier to widespread adoption.

Lack of consumer awareness still exists, especially in rural or less developed regions. Educational initiatives and government campaigns are necessary to highlight the long-term financial and environmental benefits of LEDs.

Heavy reliance on imports of LED components and finished products limits local value addition and exposes the market to global supply chain risks. However, this presents an opportunity for developing domestic manufacturing capabilities to meet local demand and reduce dependency on imports.

Smart lighting and digitization represent a promising opportunity. As smart cities take shape across the Kingdom, the need for intelligent lighting systems that can integrate with other urban infrastructure will rise sharply.

Export potential to neighboring Middle Eastern and African countries is also emerging. Saudi Arabia, with its growing infrastructure and manufacturing base, can position itself as a regional hub for LED lighting production and distribution.

Market Forecast

The Saudi Arabia LED light market is set for strong growth over the forecast period of 2025-2034. From a valuation of SAR 6145.41 million in 2024, the market is anticipated to grow at a CAGR of 17.20% to reach SAR 30048.79 million by 2034.

Growth will be driven by ongoing government initiatives, increasing environmental awareness, urban development projects, and technological advancements in lighting systems. The integration of LEDs into smart systems, coupled with enhanced design options and affordability, will continue to stimulate demand across all major application segments.

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