Middle East & Africa Outdoor Lighting Market Size & Outlook
The outdoor lighting market in Middle East & Africa is expected to reach a projected revenue of US$ 2,928.2 million by 2030. A compound annual growth rate of 8.7% is expected of Middle East & Africa outdoor lighting market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,636.3
Forecast, 2030 (US$M)
$2,928.2
CAGR, 2024 - 2030
8.7%
Report Coverage
Middle East & Africa
Middle East Africa Outdoor Lighting Market, 2018-2030 (US$M)
Global Market
Related Markets
MEA outdoor lighting market highlights
- The MEA outdoor lighting market generated a revenue of USD 1,636.3 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, led lights was the largest revenue generating source in 2023.
- LED Lights is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,636.3 million |
| Market revenue in 2030 | USD 2,928.2 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Led lights |
| Fastest growing segment | LED Lights |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED Lights, Plasma Lamps, High-Intensity Discharge Lamps, Fluorescent Lights |
| Key market players worldwide | Signify NV, GE Aerospace, OSRAM Licht AG, Hubbell Inc, Acuity Brands Inc, Zumtobel Group AG ADR, Eaton Corp PLC, SMART Global Holdings Inc, Syska, Virtual Extension |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.1% of the global outdoor lighting market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,350.0 million by 2030.
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Outdoor Lighting Market Scope
Outdoor Lighting Market segmentation & scope
Outdoor Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Acuity Brands Inc | View profile | 12,200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | www.acuitybrands.com |
| SMART Global Holdings Inc | View profile | 3,000 | 1390 McCarthy Boulevard, Milpitas, CA, United States, 94560 | www.sghcorp.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | www.syska.com |
| OSRAM Licht AG | View profile | 20,378 | Tobelbader Strasse 30, Premstaetten, Graz, Austria, 8141 | www.ams-osram.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| Signify NV | View profile | 31,920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | www.signify.com |
| Hubbell Inc | View profile | 18,400 | 40 Waterview Drive, Shelton, CT, United States, 06484 | www.hubbell.com |
| Zumtobel Group AG ADR | View profile | 5,500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | z.lighting/en |
| Virtual Extension | View profile | 11-50 | Bet Dagan, HaMerkaz, Israel, Asia | www.virtual-extension.com/ |
Middle East & Africa Outdoor 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 Outdoor Lighting Market Outlook will help companies and investors design strategic landscapes.
Led Lights was the largest segment with a revenue share of 47.62% in 2023.
Horizon Databook has segmented the Middle East & Africa outdoor lighting market based on led lights, plasma lamps, high-intensity discharge lamps, fluorescent lights covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Outdoor Lighting Market Source Outlook (Revenue, USD Million , 2018-2030)
- LED Lights
- Plasma Lamps
- High-Intensity Discharge Lamps
- Fluorescent Lights
- Middle East & Africa Outdoor Lighting Market Application Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- Middle East & Africa Outdoor Lighting Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Offline
- Online
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Outdoor Lighting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Outdoor Lighting Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Outdoor Lighting Market, 2018-2030 (US$M)
MEA outdoor lighting market statistics, by source, 2018-2030 (US$M)
