The Latin America, Middle East and Africa Dimmer and Color Tunable Market should witness market growth of 10.1% CAGR during the forecast period (2022-2028).
In order to regulate the spectrum andintensity of light for various stages of plant growth, dimmer, and color-tunable lighting is becoming more and more common in vertical farming. For instance, plants often need more blue light during the vegetative stage while morered light during the flowering stage. Farmers may provide their plants with the precise light spectrum required at each stage of development by employing dimmer and color-tunable lights, which can help maximize plant health and productivity. Dimming the lights canassist in lowering energy expenses and consumption as well.
Due to increased utilization smart lighting for integration of dimmer and color tunable with other smart home devices, energy conservation,and development of wireless voice-controlled dimmer and color tunables, the size of the dimmer and color tunable market is anticipated to expand significantly in the coming years. Additionally, during the forecast period, technological improvements in the internet of things (IoT), home automation, and LED lighting are anticipated to offer attractive prospects for the growth of the dimmer and color tunable market share.
In this region, the demand for smart lighting solutions like dimmers have been improving owing to the rising corporate preference for improved connected lighting solutions. Energy conservation has also been a major area of concern as governments and municipalities, particularly in the emerging nations of Africa and Latin America, continue to invest resources in the creation of new infrastructure and industrialization. Regulations for energy conservation continue to place a strong emphasis on the use of intelligent electric and lighting systems across buildings to reduce energy consumption. As a result, energy use in commercial andresidential buildings has steadily increased during the previous ten years. The regional market would expand as a result of this factor.
The Brazil market dominated the LAMEA 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 $306.4 Million by 2028. The Argentina market is experiencing a CAGR of 10.7% during (2022-2028). Additionally, The UAE market would display a CAGR of 9.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
In order to regulate the spectrum andintensity of light for various stages of plant growth, dimmer, and color-tunable lighting is becoming more and more common in vertical farming. For instance, plants often need more blue light during the vegetative stage while morered light during the flowering stage. Farmers may provide their plants with the precise light spectrum required at each stage of development by employing dimmer and color-tunable lights, which can help maximize plant health and productivity. Dimming the lights canassist in lowering energy expenses and consumption as well.
Due to increased utilization smart lighting for integration of dimmer and color tunable with other smart home devices, energy conservation,and development of wireless voice-controlled dimmer and color tunables, the size of the dimmer and color tunable market is anticipated to expand significantly in the coming years. Additionally, during the forecast period, technological improvements in the internet of things (IoT), home automation, and LED lighting are anticipated to offer attractive prospects for the growth of the dimmer and color tunable market share.
In this region, the demand for smart lighting solutions like dimmers have been improving owing to the rising corporate preference for improved connected lighting solutions. Energy conservation has also been a major area of concern as governments and municipalities, particularly in the emerging nations of Africa and Latin America, continue to invest resources in the creation of new infrastructure and industrialization. Regulations for energy conservation continue to place a strong emphasis on the use of intelligent electric and lighting systems across buildings to reduce energy consumption. As a result, energy use in commercial andresidential buildings has steadily increased during the previous ten years. The regional market would expand as a result of this factor.
The Brazil market dominated the LAMEA 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 $306.4 Million by 2028. The Argentina market is experiencing a CAGR of 10.7% during (2022-2028). Additionally, The UAE market would display a CAGR of 9.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Dimmer and Color Tunable Market, by Application
1.4.2 LAMEA Dimmer and Color Tunable Market, by Product
1.4.3 LAMEA Dimmer and Color Tunable Market, by Type
1.4.4 LAMEA 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. LAMEA Dimmer and Color Tunable Market by Application
3.1 LAMEA Industrial Market by Country
3.2 LAMEA Commercial Market by Country
3.3 LAMEA Residential Market by Country
Chapter 4. LAMEA Dimmer and Color Tunable Market by Product
4.1 LAMEA Dimmer Market by Country
4.2 LAMEA Color Tunable Market by Country
Chapter 5. LAMEA Dimmer and Color Tunable Market by Type
5.1 LAMEA Light-emitting Diode (LED's) Market by Country
5.2 LAMEA High Intensity Discharge (HID) Market by Country
5.3 LAMEA Incandescent & Halogen Market by Country
5.4 LAMEA Fluorescent Market by Country
Chapter 6. LAMEA Dimmer and Color Tunable Market by Country
6.1 Brazil Dimmer and Color Tunable Market
6.1.1 Brazil Dimmer and Color Tunable Market by Application
6.1.2 Brazil Dimmer and Color Tunable Market by Product
6.1.3 Brazil Dimmer and Color Tunable Market by Type
6.2 Argentina Dimmer and Color Tunable Market
6.2.1 Argentina Dimmer and Color Tunable Market by Application
6.2.2 Argentina Dimmer and Color Tunable Market by Product
6.2.3 Argentina Dimmer and Color Tunable Market by Type
6.3 UAE Dimmer and Color Tunable Market
6.3.1 UAE Dimmer and Color Tunable Market by Application
6.3.2 UAE Dimmer and Color Tunable Market by Product
6.3.3 UAE Dimmer and Color Tunable Market by Type
6.4 Saudi Arabia Dimmer and Color Tunable Market
6.4.1 Saudi Arabia Dimmer and Color Tunable Market by Application
6.4.2 Saudi Arabia Dimmer and Color Tunable Market by Product
6.4.3 Saudi Arabia Dimmer and Color Tunable Market by Type
6.5 South Africa Dimmer and Color Tunable Market
6.5.1 South Africa Dimmer and Color Tunable Market by Application
6.5.2 South Africa Dimmer and Color Tunable Market by Product
6.5.3 South Africa Dimmer and Color Tunable Market by Type
6.6 Nigeria Dimmer and Color Tunable Market
6.6.1 Nigeria Dimmer and Color Tunable Market by Application
6.6.2 Nigeria Dimmer and Color Tunable Market by Product
6.6.3 Nigeria Dimmer and Color Tunable Market by Type
6.7 Rest of LAMEA Dimmer and Color Tunable Market
6.7.1 Rest of LAMEA Dimmer and Color Tunable Market by Application
6.7.2 Rest of LAMEA Dimmer and Color Tunable Market by Product
6.7.3 Rest of LAMEA 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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