Author: Vikas Kumar
30 July 2022
The light control switches market is expected to grow at a CAGR of more than 6% during the forecasted period 2021-2027. This is mainly due to the development of technology in the electronics sector. Additionally, consumers are drawn to the market for light control switches because of their automation in switches such as sensor-based switches, wireless switches, and others. Moreover, technological advancements in the electronic industry led to the introduction of remote switches and Wi-Fi switches, which are used to control lights remotely and are positively influencing the market size of light control switches.
Moreover, the light control switches provide flexibility to fulfill user visual requirements while lowering energy costs and improving sustainability. Compared to traditional manual switching systems, flight control systems are more affordable. It can control several lights at once or a single light at a time. Some of the benefits of light control switches are, that they increase energy efficiency, satisfies personal preference, enhance convenience, and improve safety.
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Based on communication type, the market is classified into wired technology and wireless technology. Amongst these, the wireless technology segment held a prominent share of the market in 2020 and is expected to witness influential growth during the forecasted period. This is attributed to the rising development of smart homes and smart cities across emerging economies coupled with the government establishing favorable policies to support the development of smart infrastructure is creating demand for light control switches.
Based on product type, the market is categorized into switches and dimmers. Switches held a prominent share in the market and are expected to remain the same during the forecast period. Moreover, the rapid urbanization across the globe is resulting in the growth of the infrastructural development in terms of the rising number of residential, commercial, and industrial sectors, which is positively contributing to the growing demand for light control switches.
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For a better understanding of the market adoption of the global light control switches, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, and the rest of North America); Europe (Germany, UK, France Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. APAC is expected to hold the largest growth rate in the global market during the forecast period. The need for lighting control switches has grown over time because of the increased investment in infrastructure development projects in emerging economies which would positively escalate the installation of lighting solutions and light control switches. Additionally, the region has seen a considerable surge in the adoption of IoT-connected devices over the years and is expected to witness influential growth of the same which results in rising the market size of light control switches.
Some of the major players operating in the market include RAB Lighting Inc, Panasonic Corporation, Koninklijke Philips N.V, Helvar, Dialight, Signify Holding, Eaton, Electro-Mech Components, Waytek Inc, and Leviton.
Light Control Switches Market Segmentation
Market Insight, by Product Type
Market Insight, by Communication Type
Market Insight, by Applications
Market Insight, by Region
Top Company Profiles
Leviton Manufacturing Co., Inc
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