Middle East & Africa Smart Led Lighting Market Size & Outlook

The smart led lighting market in Middle East & Africa is expected to reach a projected revenue of US$ 519.8 million by 2025. A compound annual growth rate of 18% is expected of Middle East & Africa smart led lighting market from 2019 to 2025.
Revenue, 2018 (US$M)
$163.6
Forecast, 2025 (US$M)
$519.8
CAGR, 2019 - 2025
18%
Report Coverage
Middle East & Africa

MEA smart led lighting market highlights

  • The MEA smart led lighting market generated a revenue of USD 163.6 million in 2018.
  • The market is expected to grow at a CAGR of 18% from 2019 to 2025.
  • In terms of segment, wired was the largest revenue generating product in 2018.
  • Wireless is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, South Africa is expected to register the highest CAGR from 2019 to 2025.


MEA data book summary

Market revenue in 2018USD 163.6 million
Market revenue in 2025USD 519.8 million
Growth rate18% (CAGR from 2018 to 2025)
Largest segmentWired
Fastest growing segmentWireless
Historical data covered2015 - 2017
Base year for estimation2018
Forecast period covered2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationWired, Wireless


Other key industry trends

  • In terms of revenue, MEA region accounted for 2.2% of the global smart led lighting market in 2018.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2025.
  • North America is the fastest growing regional market and is projected to reach USD 13,952.5 million by 2025.

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Smart LED Lighting Market Companies

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Middle East & Africa smart led lighting market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart led lighting market will help companies and investors design strategic landscapes.


Wired was the largest segment with a revenue share of 90.59% in 2018. Horizon Databook has segmented the Middle East & Africa smart led lighting market based on wired, wireless covering the revenue growth of each sub-segment from 2015 to 2025.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart led lighting market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart led lighting market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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MEA smart led lighting market size, by country, 2015-2025 (US$M)

Middle East & Africa Smart LED Lighting Market Outlook Share, 2018 & 2025 (US$M)

MEA smart led lighting market size, by country, 2015-2025 (US$M)

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