Light control switches play a vital role in toggling lights ON and OFF, primarily aiming to cut down energy expenses, enhance sustainability, and cater to users' visual preferences. These switches and dimmers empower users to regulate their lighting, utilizing a combination of hardware and software technologies.
The two main types of light control switches are regular switches and dimmers. Dimmer switches, specifically, enable users to adjust the brightness of connected light fixtures by altering the voltage waveform applied to the lamp. This modulation allows for flexible control over the intensity of light output. Light control solutions come in standalone and integrated forms. Additionally, various light sources like incandescent, fluorescent, high-intensity discharge, light-emitting diode, and compact fluorescent lamps (CFL) find application in diverse settings such as residential, commercial, industrial, highways and roadways lighting, architectural lighting, and public places.
The light control switches market research report is one of a series of new reports that provides light control switches market statistics, including light control switches industry global market size, regional shares, competitors with a light control switches market share, detailed light control switches market segments, market trends and opportunities, and any further data you may need to thrive in the light control switches industry. This light control switches market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The light control switches market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. In the historical period, the growth can be traced back to several factors, including the implementation of energy efficiency regulations, a demand for conventional lighting systems, urbanization and infrastructure expansion, increased environmental awareness, and the widespread use of lighting solutions in commercial and industrial settings. Additionally, government incentives played a significant role in driving growth during this period.
The light control switches market size is expected to see strong growth in the next few years. It will grow to $11.21 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. Looking ahead to the forecast period, the anticipated growth can be linked to the widespread adoption of LED lighting, the electrification of transportation, increased focus on cybersecurity in lighting systems, the emergence of urban farming and vertical agriculture, and the integration of smart lighting into homes. Noteworthy trends expected in this period encompass the use of biometric authentication methods, advancements in smart lighting control, the integration of wireless connectivity technologies, the adoption of data analytics and insights in the lighting industry, and developments in human-computer interaction.
The anticipated growth of the light control switches market is attributed to the increasing utilization of LEDs and other lamps. LEDs, being the most energy-efficient lighting technology, are rapidly gaining popularity. High-quality LED light bulbs are known for offering superior light quality, increased durability, and longer lifespan. Light control switches are integrated into LEDs and other lamps to minimize electricity wastage and promote energy efficiency. Warehouse-Lighting.com, a US-based manufacturer of lighting products, predicts that by 2030, LEDs will constitute 87% of the lighting source. This surge in the usage of LEDs and other lamps is poised to drive the expansion of the light control switches market.
The rise of smart cities is expected to be a significant driver for the growth of the light control switches market. Smart cities leverage technology and data to enhance infrastructure, services, and residents' quality of life. Light control switches play a crucial role in smart cities by improving energy efficiency, reducing light pollution, enhancing safety, and enabling remote monitoring and management of lighting systems. The IMD Smart City Index Report indicates that the number of smart cities increased by nearly 20%, reaching a total of 141 in 2023. This trend towards smart cities is a key factor fueling the growth of the light control switches market.
Technological advancements are a prominent trend in the light control switches market, with major players adopting advanced technologies to introduce efficient products. Orro, a US-based company specializing in smart living systems, launched a new control switch in May 2021 with built-in Alexa capability. These switches are equipped with Alexa's ESP (Echo Spatial Perception), ensuring a responsive and integrated smart light control experience. The device also facilitates control of other devices and provides built-in voice control, offering convenience and efficiency.
Product innovation, particularly in touchless light switches, is a focal point for major companies in the light control switches market. Touchless light switches, designed for homes and commercial spaces, enable users to control lighting without physical contact, often utilizing motion sensors or voice commands. In August 2022, Legrand SA, a France-based manufacturer of electrical and digital building infrastructures, introduced the radiant Wave Switch. This touchless light switch allows users to control lights and small motorized appliances with a wave, promoting hygiene and minimizing the risk of spreading infections.
In February 2022, GE Current, a US-based electronics manufacturing company, acquired Hubbell Incorporated's commercial and industrial (C&I) lighting business. This strategic move enhances the combined business's product portfolio, offering a comprehensive range of lamps, fixtures, and controls. Hubbell Incorporated, a US-based manufacturer of utility and electrical solutions, contributes to the diversified product offerings, consolidating the position of the combined business in the market.
Major companies operating in the light control switches market include Acuity Brands Inc., Honeywell International Inc., General Electric Company, Leviton Manufacturing Company Inc., Lutron Electronics Co. Inc., Panasonic Corporation, Schneider Electric SE, Signify N.V., Havells India Ltd., Hubbell Incorporated, Daintree Networks Inc., LightwaveRF PLC, Synapse Wireless Inc., Rockwell Automation Inc., Legrand S.A., Eaton Corporation PLC, Osram Licht AG, Zumtobel Group AG, Dialight PLC, RAB Lighting Inc., Cree Inc., Johnson Controls International PLC, ASEA Brown Boveri Ltd., Siemens AG, WAGO Kontakttechnik GmbH & Co. KG, Control4 Corporation, Savant Systems LLC, Crestron Electronics Inc., Vantage Controls Inc., AMX LLC
Asia-Pacific was the largest region in the light control switches market in 2023. The regions covered in the light control switches market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the light control switches market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The light control switches market consists of sales toggle switches, occupancy sensors, timer switches, dimmers, light sensors and hotel keycard switches. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The two main types of light control switches are regular switches and dimmers. Dimmer switches, specifically, enable users to adjust the brightness of connected light fixtures by altering the voltage waveform applied to the lamp. This modulation allows for flexible control over the intensity of light output. Light control solutions come in standalone and integrated forms. Additionally, various light sources like incandescent, fluorescent, high-intensity discharge, light-emitting diode, and compact fluorescent lamps (CFL) find application in diverse settings such as residential, commercial, industrial, highways and roadways lighting, architectural lighting, and public places.
The light control switches market research report is one of a series of new reports that provides light control switches market statistics, including light control switches industry global market size, regional shares, competitors with a light control switches market share, detailed light control switches market segments, market trends and opportunities, and any further data you may need to thrive in the light control switches industry. This light control switches market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The light control switches market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. In the historical period, the growth can be traced back to several factors, including the implementation of energy efficiency regulations, a demand for conventional lighting systems, urbanization and infrastructure expansion, increased environmental awareness, and the widespread use of lighting solutions in commercial and industrial settings. Additionally, government incentives played a significant role in driving growth during this period.
The light control switches market size is expected to see strong growth in the next few years. It will grow to $11.21 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. Looking ahead to the forecast period, the anticipated growth can be linked to the widespread adoption of LED lighting, the electrification of transportation, increased focus on cybersecurity in lighting systems, the emergence of urban farming and vertical agriculture, and the integration of smart lighting into homes. Noteworthy trends expected in this period encompass the use of biometric authentication methods, advancements in smart lighting control, the integration of wireless connectivity technologies, the adoption of data analytics and insights in the lighting industry, and developments in human-computer interaction.
The anticipated growth of the light control switches market is attributed to the increasing utilization of LEDs and other lamps. LEDs, being the most energy-efficient lighting technology, are rapidly gaining popularity. High-quality LED light bulbs are known for offering superior light quality, increased durability, and longer lifespan. Light control switches are integrated into LEDs and other lamps to minimize electricity wastage and promote energy efficiency. Warehouse-Lighting.com, a US-based manufacturer of lighting products, predicts that by 2030, LEDs will constitute 87% of the lighting source. This surge in the usage of LEDs and other lamps is poised to drive the expansion of the light control switches market.
The rise of smart cities is expected to be a significant driver for the growth of the light control switches market. Smart cities leverage technology and data to enhance infrastructure, services, and residents' quality of life. Light control switches play a crucial role in smart cities by improving energy efficiency, reducing light pollution, enhancing safety, and enabling remote monitoring and management of lighting systems. The IMD Smart City Index Report indicates that the number of smart cities increased by nearly 20%, reaching a total of 141 in 2023. This trend towards smart cities is a key factor fueling the growth of the light control switches market.
Technological advancements are a prominent trend in the light control switches market, with major players adopting advanced technologies to introduce efficient products. Orro, a US-based company specializing in smart living systems, launched a new control switch in May 2021 with built-in Alexa capability. These switches are equipped with Alexa's ESP (Echo Spatial Perception), ensuring a responsive and integrated smart light control experience. The device also facilitates control of other devices and provides built-in voice control, offering convenience and efficiency.
Product innovation, particularly in touchless light switches, is a focal point for major companies in the light control switches market. Touchless light switches, designed for homes and commercial spaces, enable users to control lighting without physical contact, often utilizing motion sensors or voice commands. In August 2022, Legrand SA, a France-based manufacturer of electrical and digital building infrastructures, introduced the radiant Wave Switch. This touchless light switch allows users to control lights and small motorized appliances with a wave, promoting hygiene and minimizing the risk of spreading infections.
In February 2022, GE Current, a US-based electronics manufacturing company, acquired Hubbell Incorporated's commercial and industrial (C&I) lighting business. This strategic move enhances the combined business's product portfolio, offering a comprehensive range of lamps, fixtures, and controls. Hubbell Incorporated, a US-based manufacturer of utility and electrical solutions, contributes to the diversified product offerings, consolidating the position of the combined business in the market.
Major companies operating in the light control switches market include Acuity Brands Inc., Honeywell International Inc., General Electric Company, Leviton Manufacturing Company Inc., Lutron Electronics Co. Inc., Panasonic Corporation, Schneider Electric SE, Signify N.V., Havells India Ltd., Hubbell Incorporated, Daintree Networks Inc., LightwaveRF PLC, Synapse Wireless Inc., Rockwell Automation Inc., Legrand S.A., Eaton Corporation PLC, Osram Licht AG, Zumtobel Group AG, Dialight PLC, RAB Lighting Inc., Cree Inc., Johnson Controls International PLC, ASEA Brown Boveri Ltd., Siemens AG, WAGO Kontakttechnik GmbH & Co. KG, Control4 Corporation, Savant Systems LLC, Crestron Electronics Inc., Vantage Controls Inc., AMX LLC
Asia-Pacific was the largest region in the light control switches market in 2023. The regions covered in the light control switches market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the light control switches market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The light control switches market consists of sales toggle switches, occupancy sensors, timer switches, dimmers, light sensors and hotel keycard switches. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Light Control Switches Market Characteristics3. Light Control Switches Market Trends And Strategies31. Global Light Control Switches Market Competitive Benchmarking32. Global Light Control Switches Market Competitive Dashboard33. Key Mergers And Acquisitions In The Light Control Switches Market
4. Light Control Switches Market - Macro Economic Scenario
5. Global Light Control Switches Market Size and Growth
6. Light Control Switches Market Segmentation
7. Light Control Switches Market Regional And Country Analysis
8. Asia-Pacific Light Control Switches Market
9. China Light Control Switches Market
10. India Light Control Switches Market
11. Japan Light Control Switches Market
12. Australia Light Control Switches Market
13. Indonesia Light Control Switches Market
14. South Korea Light Control Switches Market
15. Western Europe Light Control Switches Market
16. UK Light Control Switches Market
17. Germany Light Control Switches Market
18. France Light Control Switches Market
19. Italy Light Control Switches Market
20. Spain Light Control Switches Market
21. Eastern Europe Light Control Switches Market
22. Russia Light Control Switches Market
23. North America Light Control Switches Market
24. USA Light Control Switches Market
25. Canada Light Control Switches Market
26. South America Light Control Switches Market
27. Brazil Light Control Switches Market
28. Middle East Light Control Switches Market
29. Africa Light Control Switches Market
30. Light Control Switches Market Competitive Landscape And Company Profiles
34. Light Control Switches Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Light Control Switches Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on light control switches market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for light control switches? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Product Type: Switches; Dimmer 2) By Switch Solution: Standalone Switch Solution; Integrated Switch Solution
- Companies Mentioned: Acuity Brands Inc.; Honeywell International Inc.; General Electric Company; Leviton Manufacturing Company Inc.; Lutron Electronics Co. Inc.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Acuity Brands Inc.
- Honeywell International Inc.
- General Electric Company
- Leviton Manufacturing Company Inc.
- Lutron Electronics Co. Inc.
- Panasonic Corporation
- Schneider Electric SE
- Signify N.V.
- Havells India Ltd.
- Hubbell Incorporated
- Daintree Networks Inc.
- LightwaveRF PLC
- Synapse Wireless Inc.
- Rockwell Automation Inc.
- Legrand S.A.
- Eaton Corporation PLC
- Osram Licht AG
- Zumtobel Group AG
- Dialight PLC
- RAB Lighting Inc.
- Cree Inc.
- Johnson Controls International plc
- ASEA Brown Boveri Ltd.
- Siemens AG
- WAGO Kontakttechnik GmbH & Co. KG
- Control4 Corporation
- Savant Systems LLC
- Crestron Electronics Inc.
- Vantage Controls Inc.
- AMX LLC
Methodology
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