The North America Smart Wiring Devices Market should witness market growth of 10.0% CAGR during the forecast period (2022-2028).
Switches are constructed from plastic,metal,or rubber. In most switches, two or more contacts are connected when the switch is in the on position and disengaged when the switch is off. The number of poles and throws can be utilized to categorize switches. A pole is a switch that can be activated or deactivated. A throw is the switch lever's position.
In addition to non-current-carrying devices, wiring devices also contain current-carrying devices. Wiring devices are also utilized to connect low-voltage lighting system control points, switches, and electrical systems. There is an increasing demand for wire equipment, driven mainly by the hospitality industry. Use of wiring equipment in private residences that is both safe and dependable, and the development of weatherproof wiring devices.
Protection, connection, and control points for lighting, outlets,and appliances can be provided by smartwiringdevices of superior quality. Even under extreme conditions, the wiring will be kept linked and controlled via wiring devices. Manufacturers of residential wiring devices offer items that represent the effective mix of modern connected technology and aesthetic appeal. Receptacles,switches, connectors,and other wire devices are examples of these goods.
The region's government supports the sector and provides cultural experiences, promotes participation in sports activities in Ontario, Canada, to raise the standard of living, and promotes the region's economic growth. In addition, urbanization in North American nations like the United States, Canada, and Mexico continues to rise due to improved economic conditions. In the wealthy nations of the region, especially the United States and Canada, the desire for luxurious interiors for commercial and residential buildings has skyrocketed. Due to this, it is anticipated that the need for high-tech, multifunctional house interiors will increase, leading to a boom in demand for smart wiring devices in North America in the future years.
The US market dominated the North America Smart Wiring Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,579.1 Million by 2028. The Canada market is poised to grow at a CAGR of 12.5% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 11.5% during (2022-2028).
Based on Product Type, the market is segmented into Smart Switches, Smart Outlets, Smart Dimmers, Smart Thermostat and Others. Based on Application, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, Siemens AG, ABB Ltd., Honeywell International, Inc., Control4 Corporation (Snap One Holdings Corp.), Crestron Electronics, Inc., Legrand Group, Johnson Controls International plc, Lutron Electronics Co., Inc, and Leviton Manufacturing Co., Inc.
Switches are constructed from plastic,metal,or rubber. In most switches, two or more contacts are connected when the switch is in the on position and disengaged when the switch is off. The number of poles and throws can be utilized to categorize switches. A pole is a switch that can be activated or deactivated. A throw is the switch lever's position.
In addition to non-current-carrying devices, wiring devices also contain current-carrying devices. Wiring devices are also utilized to connect low-voltage lighting system control points, switches, and electrical systems. There is an increasing demand for wire equipment, driven mainly by the hospitality industry. Use of wiring equipment in private residences that is both safe and dependable, and the development of weatherproof wiring devices.
Protection, connection, and control points for lighting, outlets,and appliances can be provided by smartwiringdevices of superior quality. Even under extreme conditions, the wiring will be kept linked and controlled via wiring devices. Manufacturers of residential wiring devices offer items that represent the effective mix of modern connected technology and aesthetic appeal. Receptacles,switches, connectors,and other wire devices are examples of these goods.
The region's government supports the sector and provides cultural experiences, promotes participation in sports activities in Ontario, Canada, to raise the standard of living, and promotes the region's economic growth. In addition, urbanization in North American nations like the United States, Canada, and Mexico continues to rise due to improved economic conditions. In the wealthy nations of the region, especially the United States and Canada, the desire for luxurious interiors for commercial and residential buildings has skyrocketed. Due to this, it is anticipated that the need for high-tech, multifunctional house interiors will increase, leading to a boom in demand for smart wiring devices in North America in the future years.
The US market dominated the North America Smart Wiring Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,579.1 Million by 2028. The Canada market is poised to grow at a CAGR of 12.5% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 11.5% during (2022-2028).
Based on Product Type, the market is segmented into Smart Switches, Smart Outlets, Smart Dimmers, Smart Thermostat and Others. Based on Application, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, Siemens AG, ABB Ltd., Honeywell International, Inc., Control4 Corporation (Snap One Holdings Corp.), Crestron Electronics, Inc., Legrand Group, Johnson Controls International plc, Lutron Electronics Co., Inc, and Leviton Manufacturing Co., Inc.
Scope of the Study
By Product Type
- Smart Switches
- Smart Outlets
- Smart Dimmers
- Smart Thermostat
- Others
By Application
- Residential
- Commercial
- Industrial
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Schneider Electric SE
- Siemens AG
- ABB Ltd.
- Honeywell International, Inc.
- Control4 Corporation (Snap One Holdings Corp.)
- Crestron Electronics, Inc.
- Legrand Group
- Johnson Controls International plc
- Lutron Electronics Co., Inc,
- Leviton Manufacturing Co., Inc.
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 & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Smart Wiring Devices Market by Product Type
Chapter 5. North America Smart Wiring Devices Market by Application
Chapter 6. North America Smart Wiring Devices Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Schneider Electric SE
- Siemens AG
- ABB Ltd.
- Honeywell International, Inc.
- Control4 Corporation (Snap One Holdings Corp.)
- Crestron Electronics, Inc.
- Legrand Group
- Johnson Controls International plc
- Lutron Electronics Co., Inc,
- Leviton Manufacturing Co., Inc.
Methodology
LOADING...
Related Reports
From
From
Current-Carrying Wiring Devices Market by Product, End-User - Global Forecast 2025-2030
- Report
- 194 Pages
- Global
From
Current-Carrying Wiring Devices - Global Strategic Business Report
- Report
- 184 Pages
- Global
From
This product is a market research report. Each license type allows a set number of users to access the report. Please select an option from the list below. This product is a market research report. This is a single user license, allowing one user access to the product. The product is a PDF. This product is a market research report. This is a site license, allowing all users within a given geographical location of your organization access to the product. The product is a PDF. This product is a market research report. This is an enterprise license, allowing all employees within your organization access to the product. The product is a PDF. 
