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29 Aug 2017  |  Global  |  Market Research

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

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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 techn...

With the current drop in crude oil prices, major suppliers of crude oil are looking to diversify their oil and gas portfolios to include refinery products and petrochemicals. Some older refineries in Europe have also temporarily become profitable to operate. Further, the success of Shale Gas and Oil has created self-sufficiency in the US and is p...

The infrastructure industry in the KSA, which enjoyed high growth rates over the last few years, is facing hardships due to crude oil prices. This in turn has affected the demand for paints and coatings. However, the Government's plans for economic diversification will serve as a shot in the arm for the paints and coatings industry. Development of...