|Lighting Market in Saudi Arabia (KSA), 2017|
|Technological advancements and energy efficiency measures are re-defining lighting from a product market to a solutions market|
Globally, regulations and awareness campaigns help in reducing inefficient lighting; incandescent lighting is in the process of being phased out. This has resulted in opening up opportunities for LED lighting, which is now seeing widespread adoption, backed by declining prices of LED packages, lamps and other forms of illumination. Changes in technology and the industry are expected to result in a wave of consolidation among established players in the Lighting Industry - M&As and collaborations set to increase, as start-ups create pressure on incumbents. This Industry Docket serves as guide not just for companies already present in the market, but also for those that seek to enter it.
Key questions this Industry Docket will answer: