The Europe Dimmer and Color Tunable Market should witness market growth of 7.3% CAGR during the forecast period (2022-2028).
Prime suppliers in the dimmer and color tunable market are implementing the product across various business sectors to enhance the quality of the working environment and boost employee output. The retail industry extensively uses dimmable and color-changeable lighting to generate a variety of atmospheres and present merchandise in the most favorable light. In addition, dimmer and color-tunable lights enhance the visibility of the workspace in manufacturing. This can assist in raising productivity andlower the danger of errors or accidents.
In order to make offices more pleasant places to work that are also conducive to productivity, dimmers and lights that can change color are frequently utilized. For instance, using white light with a cooler temperature during the daytimecan help to boost concentration and alertness. Dimmable and color-changeable lighting, in general, provides a diverse range of benefits to several businesses across various sectors by improving the quality of the working environment and cutting down on energy use.
Europe is increasing the use of smartlighting solutions as a result of the region's growing acceptance of smart lighting to conserve energy and cut energy costs, which is fueling market revenue development. In addition, the need for intelligent commercial lighting solutions has increased due to the region's first connected city lighting system consistingof multi-level intelligent control. The system uses a GIS-based management system to connect street lamps to the IoTand gives cities control over each lamp's performance. Additionally, among the major manufacturers in the region, Zumtobel Group, Legrand, and Signify N.V. are heavily investing in technological advancements to broaden their product lines. Such initiatives will expand significantly in the coming years, and thus will boost the expansion of the regional dimmer and color tunable market.
The Germany market dominated the Europe 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 $1,281.7 Million by 2028. The UK market is anticipated to grow at a CAGR of 6.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 8.1% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Prime suppliers in the dimmer and color tunable market are implementing the product across various business sectors to enhance the quality of the working environment and boost employee output. The retail industry extensively uses dimmable and color-changeable lighting to generate a variety of atmospheres and present merchandise in the most favorable light. In addition, dimmer and color-tunable lights enhance the visibility of the workspace in manufacturing. This can assist in raising productivity andlower the danger of errors or accidents.
In order to make offices more pleasant places to work that are also conducive to productivity, dimmers and lights that can change color are frequently utilized. For instance, using white light with a cooler temperature during the daytimecan help to boost concentration and alertness. Dimmable and color-changeable lighting, in general, provides a diverse range of benefits to several businesses across various sectors by improving the quality of the working environment and cutting down on energy use.
Europe is increasing the use of smartlighting solutions as a result of the region's growing acceptance of smart lighting to conserve energy and cut energy costs, which is fueling market revenue development. In addition, the need for intelligent commercial lighting solutions has increased due to the region's first connected city lighting system consistingof multi-level intelligent control. The system uses a GIS-based management system to connect street lamps to the IoTand gives cities control over each lamp's performance. Additionally, among the major manufacturers in the region, Zumtobel Group, Legrand, and Signify N.V. are heavily investing in technological advancements to broaden their product lines. Such initiatives will expand significantly in the coming years, and thus will boost the expansion of the regional dimmer and color tunable market.
The Germany market dominated the Europe 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 $1,281.7 Million by 2028. The UK market is anticipated to grow at a CAGR of 6.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 8.1% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Dimmer and Color Tunable Market, by Application
1.4.2 Europe Dimmer and Color Tunable Market, by Product
1.4.3 Europe Dimmer and Color Tunable Market, by Type
1.4.4 Europe 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. Europe Dimmer and Color Tunable Market by Application
3.1 Europe Industrial Market by Country
3.2 Europe Commercial Market by Country
3.3 Europe Residential Market by Country
Chapter 4. Europe Dimmer and Color Tunable Market by Product
4.1 Europe Dimmer Market by Country
4.2 Europe Color Tunable Market by Country
Chapter 5. Europe Dimmer and Color Tunable Market by Type
5.1 Europe Light-emitting Diode (LED's) Market by Country
5.2 Europe High Intensity Discharge (HID) Market by Country
5.3 Europe Incandescent & Halogen Market by Country
5.4 Europe Fluorescent Market by Country
Chapter 6. Europe Dimmer and Color Tunable Market by Country
6.1 Germany Dimmer and Color Tunable Market
6.1.1 Germany Dimmer and Color Tunable Market by Application
6.1.2 Germany Dimmer and Color Tunable Market by Product
6.1.3 Germany Dimmer and Color Tunable Market by Type
6.2 UK Dimmer and Color Tunable Market
6.2.1 UK Dimmer and Color Tunable Market by Application
6.2.2 UK Dimmer and Color Tunable Market by Product
6.2.3 UK Dimmer and Color Tunable Market by Type
6.3 France Dimmer and Color Tunable Market
6.3.1 France Dimmer and Color Tunable Market by Application
6.3.2 France Dimmer and Color Tunable Market by Product
6.3.3 France Dimmer and Color Tunable Market by Type
6.4 Russia Dimmer and Color Tunable Market
6.4.1 Russia Dimmer and Color Tunable Market by Application
6.4.2 Russia Dimmer and Color Tunable Market by Product
6.4.3 Russia Dimmer and Color Tunable Market by Type
6.5 Spain Dimmer and Color Tunable Market
6.5.1 Spain Dimmer and Color Tunable Market by Application
6.5.2 Spain Dimmer and Color Tunable Market by Product
6.5.3 Spain Dimmer and Color Tunable Market by Type
6.6 Italy Dimmer and Color Tunable Market
6.6.1 Italy Dimmer and Color Tunable Market by Application
6.6.2 Italy Dimmer and Color Tunable Market by Product
6.6.3 Italy Dimmer and Color Tunable Market by Type
6.7 Rest of Europe Dimmer and Color Tunable Market
6.7.1 Rest of Europe Dimmer and Color Tunable Market by Application
6.7.2 Rest of Europe Dimmer and Color Tunable Market by Product
6.7.3 Rest of Europe 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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