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Saudi Arabia LED Lights Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Saudi Arabia LED Lights Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Light Emitting Diode (LED) is a semiconductor technology which is extensively being used for general lighting purposes globally. In Saudi Arabia, the market for LED lights has been expanding over the years owing to their various advantages. LED lights are more efficient and have a longer life span than traditional incandescent and compact fluorescent lights. Moreover, these lights are ecologically-friendly and reduce power consumption, thereby, saving the electricity costs. According to IMARC Group’s latest report titled, “Saudi Arabia LED Lights Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the market reached a value of SAR 557.6 Million in 2017, growing at a CAGR of around 19% during 2010-2017.

The market for LED lights in Saudi Arabia is being driven by a number of favourable factors. Huge investments in the public and private infrastructure is the major driver for the market growth. Additionally, various measures are being taken by the Saudi Arabian government so as to encourage the use of LED lights. For instance, the adoption of the global energy-efficiency standards in the region coupled with the increased tariffs on the imports of incandescent and compact fluorescent lights are expected to stimulate the demand for LED lights in the region. Owing to these factors, the market is further projected to reach a value of around SAR 1,263 Million by 2023.

The report has segmented the Saudi Arabia LED lights market on the basis of type covering panel lights, downlight, street lights and others. Currently, panel lights account for the largest market share in the Saudi Arabian region. The report has also segmented the market on the basis of application including commercial, residential, industrial and others. The report has further analysed the competitive landscape of the market with some of the key players being General Electric, Philips and Osram.

This report provides a deep insight into the Saudi Arabia LED lights industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a LED lights manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Saudi Arabia LED lights industry in any manner.

Key Questions Answered in This Report:

How has the Saudi Arabia LED lights market performed so far and how will it perform in the coming years?
What are the price trends of LED lights in Saudi Arabia?
What are the various stages in the value chain of the Saudi Arabia LED lights industry?
What are the key driving factors and challenges in the Saudi Arabia LED lights industry?
What is the structure of the Saudi Arabia LED lights industry and who are the key players?
What is the degree of competition in the Saudi Arabia LED lights industry?
What are the profit margins in the Saudi Arabia LED lights industry?
What are the key requirements for setting up an LED lights manufacturing plant?
How are LED lights manufactured?
What are the various unit operations involved in an LED lights manufacturing plant?
What is the total size of land required for setting up an LED lights manufacturing plant?
What are the machinery requirements for setting up an LED lights manufacturing plant?
What are the raw material requirements for setting up an LED lights manufacturing plant?
What are the packaging requirements for LED lights?
What are the transportation requirements for LED lights?
What are the utility requirements for setting up an LED lights manufacturing plant?
What are the manpower requirements for setting up an LED lights manufacturing plant?
What are the infrastructure costs for setting up an LED lights manufacturing plant?
What are the capital costs for setting up an LED lights manufacturing plant?
What are the operating costs for setting up an LED lights manufacturing plant?
What will be the income and expenditures for an LED lights manufacturing plant?
What is the time required to break-even?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 GCC LED Lighting Industry
5.1 Market Overview
5.2 Market Performance
5.3 Market by Product Type
5.4 Market by Application
5.5 Market by Country
5.6 Market by Import and Domestic Manufacturing
5.7 Market by Public and Private Sectors
5.8 Market by Indoor and Outdoor Applications
5.9 Market Forecast
6 Saudi Arabia LED Lighting Industry
6.1 Market Overview
6.2 Market Performance
6.3 Market by Product Type
6.4 Market Breakup by Application
6.5 Market by Import and Domestic Manufacturing
6.6 Market Forecast
6.7 SWOT Analysis
6.7.1 Overview
6.7.2 Strengths
6.7.3 Weaknesses
6.7.4 Opportunities
6.7.5 Threats
6.8 Value Chain Analysis
6.9 Porter’s Five Forces Analysis
6.9.1 Overview
6.9.2 Bargaining Power of Suppliers
6.9.3 Bargaining Power of Buyers
6.9.4 Degree of Competition
6.9.5 Threat of New Entrants
6.9.6 Threat from Substitutes
6.10 Key Market Drivers and Success Factors
6.11 Comparative Analysis of CFL and LED
7 Competitive Landscape
7.1 Competitive Structure
7.2 Market Breakup by Key Players
8 LED Lights Manufacturing Process
8.1 Panel Light
8.1.1 Product Overview
8.1.2 Manufacturing Process and Process Flow
8.1.3 Raw Material Requirements
8.1.4 Major Machinery Pictures
8.1.5 Suppliers of Raw Materials and Delivery Time
8.2 Down Light
8.2.1 Product Overview
8.2.2 Manufacturing Process and Process Flow
8.2.3 Raw Material Requirements
8.2.4 Major Machinery Pictures
8.2.5 Suppliers of Raw Materials and Delivery Time
8.3 Flood Light
8.3.1 Product Overview
8.3.2 Manufacturing Process and Process Flow
8.3.3 Raw Material Requirements
8.3.4 Major Machinery Pictures
8.3.5 Suppliers of Raw Materials and Delivery Time
8.4 Street Light
8.4.1 Product Overview
8.4.2 Manufacturing Process and Process Flow
8.4.3 Raw Material Requirements
8.4.4 Major Machinery Pictures
8.4.5 Suppliers of Raw Materials and Delivery Time
8.5 Tube Light
8.5.1 Product Overview
8.5.2 Manufacturing Process and Process Flow
8.5.3 Raw Material Requirements
8.5.4 Major Machinery Pictures
8.5.5 Suppliers of Raw Materials and Delivery Time
8.6 Bulb
8.6.1 Product Overview
8.6.2 Manufacturing Process and Process Flow
8.6.3 Raw Material Requirements
8.6.4 Major Machinery Pictures
8.6.5 Suppliers of Raw Materials and Delivery Time
9 Project Details, Requirements and Costs Involved
9.1 Land Requirements and Expenditures
9.2 Construction Requirements and Expenditures
9.3 Plant Machinery
9.4 Raw Material Requirements and Expenditures
9.5 Packaging Requirements and Expenditures
9.6 Transportation Requirements and Expenditures
9.7 Utility Requirements and Expenditures
9.8 Manpower Requirements and Expenditures
9.9 Other Capital Investments
10 Loans and Financial Assistance
11 Project Economics
11.1 Capital Cost of the Project
11.2 Techno-Economic Parameters
11.3 Product Pricing and Margins Across Various Levels of the Supply Chain
11.4 Taxation and Depreciation
11.5 Income Projections
11.6 Expenditure Projections
11.7 Financial Analysis
11.8 Profit Analysis
12 Key Player Profiles
List of Figures
Figure 1: GCC: LED Industry Overview
Figure 2: GCC Region: LED Lighting Market: Sales Value (in SAR Million), 2010-2017
Figure 3: GCC Region: LED Lighting Market: Breakup by Product Type (in %), 2017
Figure 4: GCC Region: LED Lighting Market: Breakup by Application (in %), 2017
Figure 5: GCC Region: LED Lighting Market: Breakup by Country (in %), 2017
Figure 6: GCC Region: LED Lighting Market: Imports vs. Domestic Manufacturing (in %), 2017
Figure 7: GCC Region: LED Lighting Market: Breakup by Private and Public Sector (in %), 2017
Figure 8: GCC Region: LED Lighting Market Forecast: Sales Value (in SAR Million), 2018-2023
Figure 9: Saudi Arabia: LED Lighting Market: Sales Value (in SAR Million), 2010-2017
Figure 10: Saudi Arabia: LED Lighting Market: Breakup by Product Type (in %), 2017
Figure 11: Saudi Arabia: LED Lighting Market: Breakup by Application (in %), 2017
Figure 12: Saudi Arabia: LED Lighting Market: Breakup by Import and Domestic Manufacturing (in %), 2017
Figure 13: Saudi Arabia: LED Lighting Market Forecast: Sales Value (in SAR Million), 2018-2023
Figure 14: Saudi Arabia: LED Lighting Industry: SWOT Analysis
Figure 15: Saudi Arabia: LED Lighting Industry: Value Chain Analysis
Figure 16: Saudi Arabia: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 17: Saudi Arabia: LED Lighting Market: Breakup by Key Players (in %), 2017
Figure 18: Panel Light Manufacturing: Various Types of Operation Involved
Figure 19: Panel Light Manufacturing: Conversion Rate of Products
Figure 20: Down Light Manufacturing: Various Types of Operation Involved
Figure 21: Down Light Manufacturing: Conversion Rate of Products
Figure 22: Flood Light Manufacturing: Various Types of Operation Involved
Figure 23: Flood Light Manufacturing: Conversion Rate of Products
Figure 24: Street Light Manufacturing: Various Types of Unit Operations Involved
Figure 25: Street Light Manufacturing: Conversion Rate of Products
Figure 26: Tube Light Manufacturing : Various Types of Units Operation Involved
Figure 27: Tube Light Manufacturing: Conversion Rate of Products
Figure 28: Bulb Manufacturing: Various Types of Operation Involved
Figure 29: Bulb Manufacturing: Conversion Rate of Products
Figure 30: LED Lights Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 31: LED Lights Industry: Breakup of Profit Margins at Various Level of Value Chain
Figure 32: LED Lights Manufacturing Plant: Breakup of Manufacturing Costs (in %)
List of Tables
Table 1: Panel Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 2: Down Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 3: Flood Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 4: Street Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 5: Tube Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 6: Panel Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 7: LED Lights Manufacturing Plant: Costs Related to Land and Site Development (in SAR)
Table 8: LED Lights Manufacturing Plant: Costs Related to Civil Works (in SAR)
Table 9: LED Lights Manufacturing Plant: Machinery Costs (in SAR)
Table 10: LED Lights Manufacturing Plant: Costs Related to Other Capital Investments (in SAR)
Table 11: LED Lights Manufacturing Plant: Raw Material Requirements and Expenditures (in SAR/Year)
Table 12: LED Lights Manufacturing Plant: Outer Packaging Requirements and Expenditure
Table 13: LED Lights Manufacturing Plant: Inner Packaging Requirements and Expenditure
Table 14: LED Lights Manufacturing Plant: Transportation Expenditure (SAR/Unit of Light)
Table 15: LED Lights Manufacturing Plant: Costs Related to Utilities (in SAR)
Table 16: LED Lights Manufacturing Plant: Costs Related to Salaries and Wages (in SAR)
Table 17: LED Lights Manufacturing Plant: Techno-Economic Parameters
Table 18: LED Lights Manufacturing Plant: Income Projections (in SAR)
Table 19: LED Lights Manufacturing Plant: Expenditure Projections (in SAR)
Table 20: LED Lights Manufacturing Plant: Income Tax Expenditure
Table 21: LED Lights Manufacturing Plant: Depreciation Rate
Table 22: LED Lights Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 23: LED Lights Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 24: LED Lights Manufacturing Plant: Profit and Loss Account

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