Saudi Arabia LED Bulb Market Report 2026 | Growth, Trends, and Forecast by 2034

IMARC Group, a leading global market research and management consulting firm, has published its latest market intelligence report on the Saudi Arabia LED Bulb Market. The Saudi Arabia LED bulb market size was valued at USD 104.0 Million in 2025 and is projected to reach USD 232.8 Million by 2034, exhibiting a CAGR of 9.37% during 2026-2034. Growth is being driven by national energy efficiency mandates and subsidies for LED upgrades, consumer preference for smart lighting, modernization of aging buildings and demand for safe, low-maintenance lighting.

The Saudi Arabia LED bulb market growth is driven by increasing investments in energy-efficient lighting solutions, government-led sustainability initiatives under Vision 2030, and rising adoption of LED technologies across residential, commercial, and industrial sectors. The country's target of achieving 50% renewable electricity by 2030 and net-zero emissions by 2060 is encouraging the replacement of conventional lighting with energy-saving LED bulbs. Additionally, large-scale retrofitting projects led by the National Energy Services Company (Tarshid), expanding smart lighting requirements in mega-projects such as NEOM, Qiddiya, and The Red Sea Project, and growing investments in domestic LED manufacturing are supporting market expansion. Increasing demand for durable lighting products, technological advancements, and energy conservation measures is expected to create lucrative growth opportunities for the Saudi Arabia LED bulb market over the coming years.

Saudi Arabia LED Bulb Market at a Glance:

• Market Size (2025): USD 104.0 Million
• Market Size (2026): USD 113.7 Million
• Market Forecast (2034): USD 232.8 Million
• Growth Rate (2026-2034): CAGR of 9.37%
• Base Year: 2025 | Historical Period: 2020-2025 | Forecast Period: 2026-2034

How AI is Reshaping the Future of the Saudi Arabia LED Bulb Market

• Smart Lighting and Building Automation: The report points to consumer preference for smart lighting, digital control and aesthetic customization, along with daylight harvesting and LED dimming integrated with building automation, and programmable LED lighting in new hotels, malls and mixed-use developments.
• Occupancy and Motion Sensing in Retrofits: Tarshid's retrofits pair LED fixtures with occupancy and smart motion sensors to match lighting use to occupancy, as in the Jazan University project, reported in October 2026, which covers 80 buildings and 15 measures across HVAC, lighting and controls.
• Materials Innovation for LED Life: In March 2025, KAUST and KACST unveiled nanoPE, a nanoplastic material aimed at improving LED cooling and extending operational life.

Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-led-bulb-market/requestsample

Saudi Arabia LED Bulb Market Trends and Drivers:

Demand is being underpinned by energy efficiency policy, with mandates and subsidies for LED upgrades across residential, commercial and municipal buildings, and by government retrofits of public buildings, mosques and street lighting. The report also points to modernization of aging buildings and demand for safety-focused, low-maintenance lighting, including among older demographics.

The market's structural differentiator is the scale of public-sector retrofitting. Tarshid completed a retrofit of 22 Saudi Broadcasting Authority buildings in Riyadh with 18 energy efficiency measures including LED upgrades, reported in September 2026, while the Islamic University of Madinah phase two cut projected annual consumption from roughly 39 million kWh by about 26 million kWh, reported in August 2026. Commercial construction and hospitality modernization are adding programmable LED demand.

A third dynamic is localization against import dependence. The report cites import dependence of over 40 percent from China, and Asheil Lighting, a joint venture with Versatile International and Haneco Lighting, secured land in Shaqraa Industrial City for a 6,800 square meter manufacturing facility in March 2025 to reduce reliance on imports, a dynamic that is set to shape the market over the coming years.

Government Schemes and Policy Frameworks Driving the Market:

• SEEC and SASO Efficiency Standards: The Saudi Energy Efficiency Center and the Saudi Standards, Metrology and Quality Organization drive the phase-out of inefficient lighting through minimum energy performance standards, labeling systems and import restrictions on non-compliant products, in coordination with the Ministry of Energy and regional municipalities.
• Vision 2030 Energy Targets: The national targets of 50 percent renewable electricity by 2030 and net-zero emissions by 2060 position LED lighting as a way to cut electricity use.
• Street Light Replacement: In June 2024, Tarshid's technical services director said Saudi Arabia will replace all street lights with energy-saving LEDs, saving 70 to 75 percent of energy, and become the first G20 country to do so. No completion date was given.
• Tarshid Public Building Retrofits: The National Energy Services Company is retrofitting government and university buildings, including 43 buildings at the Islamic University of Madinah (August 2026), 22 Saudi Broadcasting Authority buildings (September 2026) and 80 buildings at Jazan University (October 2026), each including LED lighting upgrades.

Saudi Arabia LED Bulb Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup By Application:

• Retrofit
• Retail and Hospitality
• Outdoor
• Offices
• Architectural
• Residential
• Industrial

The report provides a detailed breakup across seven applications. Retrofit is supported by public building programs and street lighting, retail and hospitality by new hotels and malls, and architectural and outdoor lighting by giga-projects such as The Red Sea Project, NEOM and Qiddiya.

Breakup By Region:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report analyzes demand across Northern and Central, Western, Eastern and Southern Saudi Arabia, with recent retrofits in Riyadh, Madinah and Jazan and manufacturing in Shaqraa Industrial City, northwest of Riyadh.

Competitive Landscape:

The report does not name key players in its profile. Organizations named in its recent developments include:

• Asheil Lighting
• Versatile International
• Haneco Lighting

Asheil Lighting is a joint venture between Versatile International and Haneco Lighting that secured land in Shaqraa Industrial City in March 2025 for a 6,800 square meter facility to reduce import dependence. Tarshid, the National Energy Services Company, is a major buyer and implementer of LED retrofits in public buildings rather than a bulb manufacturer. Market shares and a concentration analysis were not available.

What Does The Full Report Cover?

• Historical, current, and forecast market size for the Saudi Arabia LED bulb market from 2020 to 2034, in Million USD
• Market breakup by application and region
• Regional analysis covering Northern and Central, Western, Eastern, and Southern Saudi Arabia
• Key growth drivers, challenges, and opportunities shaping the market
• Porter's Five Forces analysis and value chain assessment
• Competitive landscape, market structure, and player positioning
• Detailed profiles of major LED lighting companies operating in Saudi Arabia

Recent News and Developments in the Saudi Arabia LED Bulb Market

• March 2025: KAUST and KACST unveiled nanoPE, a material aimed at improving LED cooling and extending operational life.
• March 2025: Asheil Lighting secured land in Shaqraa Industrial City for a 6,800 square meter manufacturing facility, a joint venture with Versatile International and Haneco Lighting aimed at reducing import dependence.
• August 2026: Tarshid completed phase two of the Islamic University of Madinah retrofit across 43 buildings, with 15 measures including LED lighting with occupancy sensors, projected to cut annual electricity use by about 26 million kWh, or 33 percent.
• September 2026: Tarshid completed an energy efficiency retrofit across 22 Saudi Broadcasting Authority buildings in Riyadh, with 18 measures including a LED lighting upgrade.
• October 2026: Tarshid completed the Jazan University retrofit across 80 buildings with 15 measures including LED fixtures and occupancy sensors, targeting a 25 percent cut in annual electricity use, from about 181 million kWh to roughly 135 million kWh.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

Key Questions This Report Answers

• How big is the Saudi Arabia LED bulb market and what is its growth outlook through 2034?
• What are the key growth drivers, challenges, and opportunities in the Saudi Arabia LED bulb market?
• Which application segments are driving the market?
• How are SEEC and SASO standards, Vision 2030 targets, and public building retrofits shaping demand?
• Which regions across Saudi Arabia are contributing most to market growth?
• Who are the key players in the Saudi Arabia LED bulb market, and how is the competitive landscape evolving?
• What role are smart lighting, local manufacturing, and new materials playing in the future of Saudi LED lighting?

About Us

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Media and Sales Contact

IMARC Group

Email: sales@imarcgroup.com

United States: +1-201-971-6302

India: +91-120-433-0800

United Kingdom: +44-753-714-6104