The Asia Pacific Dimmer and Color Tunable Market should witness market growth of 8.3% CAGR during the forecast period (2022-2028).
Dimmer switches & color-tunable lightbulbs come in a number of various varieties.The most basic sort of dimmer switch, mechanical dimmer switches mechanically to stop the flow of power to the light fixture. Although they are reasonably priced, they might not work with all of bulbs. Dimmer switches that use electrical parts to change the amount of electricity going to the light source are known as electronic dimmer switches.
They are typically more dependable and work with a larger variety of bulbs. Dimmer switches can be operated remotely, allowing the user to change the brightness of the lights without having to touch the switch directly. Dimmer switches with voice assistants or smartphone apps that can be used to operate them allow users to change the lighting's brightness from a distance or by speaking orders. Bulbs that can change the color temperature of the light they emit are known as color-tunable bulbs.
Some possibilities include lightbulbs that can be managed by a voice assistant or smartphone app, enabling the user to change the color temperature from a distance or by speaking commands. Smart bulbs allow the user to change the brightness and color temperature of the light remotely or by speaking orders to a voice assistant or smartphone app. They provide the most convenience and flexibility.
The government of India has launched several initiatives to encourage the use of LEDs, which are superior to traditional light sources in terms of efficacy, affordability, and productivity. Some of these programs include the Unnat Jyoti Affordable LEDs for All (UJALA) and Street Lighting National Program (SLNP). For instance, on March 19, 2021, the Indian government unveiled the Gram Ujala initiative, which aims to provide LED bulbs for INR 10 per in rural areas for commercial and residential applications. Hence, due to strong government backing, the demand for and expansion of the regional dimmer and color tunable market will increase during the forecast period.
The China market dominated the Asia Pacific Dimmer and Color Tunable Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,063.4 Million by 2028. The Japan market is estimated to grow a CAGR of 7.7% during (2022-2028). Additionally, The India market would experience a CAGR of 9% during (2022-2028).
Based on Application, the market is segmented into Industrial, Commercial and Residential. Based on Product, the market is segmented into Dimmer and Color Tunable. Based on Type, the market is segmented into Light-emitting Diode (LED's), High Intensity Discharge (HID), Incandescent & Halogen and Fluorescent. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Acuity Brands Lighting, Inc., Cree, Inc., Eaton Corporation PLC, Hubbell Incorporated, Koninklijke Philips N.V., Legrand S.A. (Legrand Group), OSRAM GmbH, Lutron Electronics Co., Inc., and Lite Puter Enterprise Co., Ltd.
Dimmer switches & color-tunable lightbulbs come in a number of various varieties.The most basic sort of dimmer switch, mechanical dimmer switches mechanically to stop the flow of power to the light fixture. Although they are reasonably priced, they might not work with all of bulbs. Dimmer switches that use electrical parts to change the amount of electricity going to the light source are known as electronic dimmer switches.
They are typically more dependable and work with a larger variety of bulbs. Dimmer switches can be operated remotely, allowing the user to change the brightness of the lights without having to touch the switch directly. Dimmer switches with voice assistants or smartphone apps that can be used to operate them allow users to change the lighting's brightness from a distance or by speaking orders. Bulbs that can change the color temperature of the light they emit are known as color-tunable bulbs.
Some possibilities include lightbulbs that can be managed by a voice assistant or smartphone app, enabling the user to change the color temperature from a distance or by speaking commands. Smart bulbs allow the user to change the brightness and color temperature of the light remotely or by speaking orders to a voice assistant or smartphone app. They provide the most convenience and flexibility.
The government of India has launched several initiatives to encourage the use of LEDs, which are superior to traditional light sources in terms of efficacy, affordability, and productivity. Some of these programs include the Unnat Jyoti Affordable LEDs for All (UJALA) and Street Lighting National Program (SLNP). For instance, on March 19, 2021, the Indian government unveiled the Gram Ujala initiative, which aims to provide LED bulbs for INR 10 per in rural areas for commercial and residential applications. Hence, due to strong government backing, the demand for and expansion of the regional dimmer and color tunable market will increase during the forecast period.
The China market dominated the Asia Pacific Dimmer and Color Tunable Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,063.4 Million by 2028. The Japan market is estimated to grow a CAGR of 7.7% during (2022-2028). Additionally, The India market would experience a CAGR of 9% during (2022-2028).
Based on Application, the market is segmented into Industrial, Commercial and Residential. Based on Product, the market is segmented into Dimmer and Color Tunable. Based on Type, the market is segmented into Light-emitting Diode (LED's), High Intensity Discharge (HID), Incandescent & Halogen and Fluorescent. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Acuity Brands Lighting, Inc., Cree, Inc., Eaton Corporation PLC, Hubbell Incorporated, Koninklijke Philips N.V., Legrand S.A. (Legrand Group), OSRAM GmbH, Lutron Electronics Co., Inc., and Lite Puter Enterprise Co., Ltd.
Scope of the Study
By Application
- Industrial
- Commercial
- Residential
By Product
- Dimmer
- Color Tunable
By Type
- Light-emitting Diode (LED's)
- High Intensity Discharge (HID)
- Incandescent & Halogen
- Fluorescent
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Acuity Brands Lighting, Inc.
- Cree, Inc.
- Eaton Corporation PLC
- Hubbell Incorporated
- Koninklijke Philips N.V.
- Legrand S.A. (Legrand Group)
- OSRAM GmbH
- Lutron Electronics Co., Inc.
- Lite Puter Enterprise Co., Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Dimmer and Color Tunable Market, by Application
1.4.2 Asia Pacific Dimmer and Color Tunable Market, by Product
1.4.3 Asia Pacific Dimmer and Color Tunable Market, by Type
1.4.4 Asia Pacific Dimmer and Color Tunable Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Dimmer and Color Tunable Market by Application
3.1 Asia Pacific Industrial Market by Country
3.2 Asia Pacific Commercial Market by Country
3.3 Asia Pacific Residential Market by Country
Chapter 4. Asia Pacific Dimmer and Color Tunable Market by Product
4.1 Asia Pacific Dimmer Market by Country
4.2 Asia Pacific Color Tunable Market by Country
Chapter 5. Asia Pacific Dimmer and Color Tunable Market by Type
5.1 Asia Pacific Light-emitting Diode (LED's) Market by Country
5.2 Asia Pacific High Intensity Discharge (HID) Market by Country
5.3 Asia Pacific Incandescent & Halogen Market by Country
5.4 Asia Pacific Fluorescent Market by Country
Chapter 6. Asia Pacific Dimmer and Color Tunable Market by Country
6.1 China Dimmer and Color Tunable Market
6.1.1 China Dimmer and Color Tunable Market by Application
6.1.2 China Dimmer and Color Tunable Market by Product
6.1.3 China Dimmer and Color Tunable Market by Type
6.2 Japan Dimmer and Color Tunable Market
6.2.1 Japan Dimmer and Color Tunable Market by Application
6.2.2 Japan Dimmer and Color Tunable Market by Product
6.2.3 Japan Dimmer and Color Tunable Market by Type
6.3 India Dimmer and Color Tunable Market
6.3.1 India Dimmer and Color Tunable Market by Application
6.3.2 India Dimmer and Color Tunable Market by Product
6.3.3 India Dimmer and Color Tunable Market by Type
6.4 South Korea Dimmer and Color Tunable Market
6.4.1 South Korea Dimmer and Color Tunable Market by Application
6.4.2 South Korea Dimmer and Color Tunable Market by Product
6.4.3 South Korea Dimmer and Color Tunable Market by Type
6.5 Singapore Dimmer and Color Tunable Market
6.5.1 Singapore Dimmer and Color Tunable Market by Application
6.5.2 Singapore Dimmer and Color Tunable Market by Product
6.5.3 Singapore Dimmer and Color Tunable Market by Type
6.6 Malaysia Dimmer and Color Tunable Market
6.6.1 Malaysia Dimmer and Color Tunable Market by Application
6.6.2 Malaysia Dimmer and Color Tunable Market by Product
6.6.3 Malaysia Dimmer and Color Tunable Market by Type
6.7 Rest of Asia Pacific Dimmer and Color Tunable Market
6.7.1 Rest of Asia Pacific Dimmer and Color Tunable Market by Application
6.7.2 Rest of Asia Pacific Dimmer and Color Tunable Market by Product
6.7.3 Rest of Asia Pacific Dimmer and Color Tunable Market by Type
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Acuity Brands Lighting, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional and Segmental Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.3 Cree, Inc. (SMART Global Holdings, Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Eaton Corporation PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.5 Hubbell Incorporated
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Koninklijke Philips N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Legrand S.A. (Legrand Group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.8 OSRAM GmbH (AMS AG)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 Lutron Electronics Co., Inc.
7.9.1 Company Overview
7.10. Lite Puter Enterprise Co., Ltd.
7.10.1 Company Overview
Companies Mentioned
- Honeywell International, Inc.
- Acuity Brands Lighting, Inc.
- Cree, Inc.
- Eaton Corporation PLC
- Hubbell Incorporated
- Koninklijke Philips N.V.
- Legrand S.A. (Legrand Group)
- OSRAM GmbH
- Lutron Electronics Co., Inc.
- Lite Puter Enterprise Co., Ltd.
Methodology
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