South Africa Smart Led Lighting Market Size & Outlook

The smart led lighting market in South Africa is expected to reach a projected revenue of US$ 174.0 million by 2025. A compound annual growth rate of 18.6% is expected of South Africa smart led lighting market from 2019 to 2025.
Revenue, 2018 (US$M)
$52.8
Forecast, 2025 (US$M)
$174.0
CAGR, 2019 - 2025
18.6%
Report Coverage
South Africa

South Africa smart led lighting market highlights

  • The South Africa smart led lighting market generated a revenue of USD 52.8 million in 2018 and is expected to reach USD 174.0 million by 2025.
  • The South Africa market is expected to grow at a CAGR of 18.6% 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.


Smart led lighting market data book summary

Market revenue in 2018USD 52.8 million
Market revenue in 2025USD 174.0 million
Growth rate18.6% (CAGR from 2018 to 2025)
Largest segmentWired
Fastest growing segmentWireless
Historical data2015 - 2017
Base year2018
Forecast period2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationWired, Wireless


Other key industry trends

  • In terms of revenue, South Africa accounted for 0.7% of the global smart led lighting market in 2018.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
  • In Middle East & Africa, South Africa smart led lighting market is projected to lead the regional market in terms of revenue in 2025.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 174.0 million by 2025.

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Smart LED Lighting Market Companies

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South 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 91.1% in 2018. Horizon Databook has segmented the South 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 country-level data and insights on the South Africa smart led lighting market , including forecasts for subscribers. This country databook contains high-level insights into South Africa smart led lighting market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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South Africa smart led lighting market size, by product, 2015-2025 (US$M)

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

South Africa smart led lighting market size, by product, 2015-2025 (US$M)

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