Middle East & Africa Smart Lighting Market to 2032
Overview
The Middle East & Africa Smart Lighting Market is expected to reach a 14.02 USD Billion by 2032 and is projected to grow at a CAGR of 38.02% from 2025 to 2032.
Middle East & Africa Smart Lighting Market 2018-2032 USD Billion
Middle East & Africa Smart Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 3.47 USD Billion
- Projected Market Size (2032): 14.02 USD Billion
- CAGR (2025-2032): 38.02%
Key Findings of Middle East & Africa Smart Lighting Market
- The Middle East & Africa Smart Lighting Market was valued at 3.47 USD Billion in 2024.
- The Middle East & Africa Smart Lighting Market is likely to grow at a CAGR of 38.02% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Retrofit Installation in Installation Type Segment accounted for the largest share of the market with a revenue of 2.53 USD Billion
- The fastest growing segment Wireless Technology in Communication Technology Segment grew Fastest with a CAGR of 39.07% during the forecast period from 2024 to 2032.
Middle East & Africa Smart Lighting Market Scope
- Wireless Technology
- Wired Technology
- Outdoor Application
- Indoor Application
- Services
- Software
- Hardware
- New Installation
- Retrofit Installation
Middle East & Africa Smart Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 3.47 USD Billion |
| Market Value in 2032 | 14.02 USD Billion |
| CAGR (2025-2032) | 38.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Communication Technology,Application Type,Offering,Installation Type |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 3.47 USD Billion in 2024
- Key Country: RoMEA, leading in terms of revenue with value of 2,446.85 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Smart Lighting Market to 2032, By Communication Technology
- Wired Technology is the largest segment in Middle East & Africa Smart Lighting Market to 2032 with a revenue of 2.23 USD Billion in the year 2024.
- Wireless Technology is the Fastest growing segment in Middle East & Africa Smart Lighting Market to 2032 with a Growth rate of 37.44 % in forecast period 2025-2032.
-
Middle East & Africa Smart Lighting Market to 2032, By Application Type
- Indoor Application is the largest segment in Middle East & Africa Smart Lighting Market to 2032 with a revenue of 2.50 USD Billion in the year 2024.
- Indoor Application is the Fastest growing segment in Middle East & Africa Smart Lighting Market to 2032 with a Growth rate of 38.77 % in forecast period 2025-2032.
-
Middle East & Africa Smart Lighting Market to 2032, By Offering
- Hardware is the largest segment in Middle East & Africa Smart Lighting Market to 2032 with a revenue of 2.13 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Middle East & Africa Smart Lighting Market to 2032 with a Growth rate of 38.83 % in forecast period 2025-2032.
-
Middle East & Africa Smart Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in Middle East & Africa Smart Lighting Market to 2032 with a revenue of 2.53 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in Middle East & Africa Smart Lighting Market to 2032 with a Growth rate of 38.67 % in forecast period 2025-2032.
Middle East & Africa Smart Lighting Market Company Share Analysis
| Company Name |
|
||
| Legrand | |||
| Signify Holding | |||
| Seiko Epson Corporation | |||
| Honeywell International Inc. | |||
| WOLFSPEED, INC. | |||
Middle East & Africa Smart Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Smart Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
Middle East & Africa Smart Lighting Market Scope
- Wireless Technology
- Wired Technology
- Outdoor Application
- Indoor Application
- Services
- Software
- Hardware
- New Installation
- Retrofit Installation
Frequently Asked Questions
Middle East & Africa Smart Lighting Market Company Profiling
Frequently Asked Questions
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