Light Control Switches Market by Product Type (Switches and Dimmer), Solution Type (Standalone Light Control Solutions and Integrated Light Control Solutions), Communication Technology (Wired Technology and Wireless Technology), Light Source (Incandescent, Fluorescent, High-intensity Discharge, Light Emitting Diode, and Compact Fluorescent Lamp (CFL)), and Application (Residential, Commercial, Industrial, Highways & Roadways Lighting, Architectural Lighting, and Lighting for Public Places): Global Opportunity Analysis and Industry Forecast 2021–2030
The global light control switches market was valued at $7.2 billion in 2020, and is projected to reach $12.5 billion by 2030, growing at a CAGR of 5.7% from 2020 to 2030.
Light control plays a critical role in lighting systems, enabling users manually or automatically to turn the lights on and off using a switch or adjust light output up and down using a dimmer. This basic functionality of light control switches is to reduce energy costs and improve sustainability, thus providing flexibility to meet user visual needs. In addition, lighting control switches have evolved with two additional capabilities that are to adjust light source color, including shade of white light and/or generate data via measuring and/or monitoring. The major benefit is to adjust the intensity of one or more layers of lighting in a space. Moreover, lighting controls can change space appearance, facilitate different functions of the space, alter atmosphere & mood, reduce glare, and increase user satisfaction by providing users the ability to control their lighting. Furthermore, by reducing lighting ON time, intensity or zoning, lighting controls reduce both demand and energy consumption.
According to the Lawrence Berkeley National Laboratory (LBNL), popular lighting control strategies produce 24–38% average lighting energy savings, which reduces building operating costs. Owing to strong energy savings, the majority of state commercial building energy codes require a wide range of controls in new construction. In existing construction, the controllability of LED lighting results in an ideal pairing with controls, combining to minimize energy costs.
Rise in urbanization and infrastructural development across the globe have led to increase in real estate, public places projects, thus increasing the demand for light control switches. In addition, rise in prices on electricity across the globe increase awareness among people to save energy, which has led to increase in demand of light control switches.
The global light control switches market is segmented into product type, solution type, communication technology, light source, application, and region. Depending on product type, the market is categorized into switches and dimmers. On the basis of solution type, it is divided into standalone light control Solutions and integrated light control solutions. By communication technology, it is classified into wired technology and wireless technology. As per light source, it is classified into incandescent, fluorescent, high-intensity discharge, light emitting diode, and compact fluorescent lamp (CFL).
Application wise, it is categorized into indoor and outdoor. In addition, indoor is segregated into residential, commercial and industrial. Moreover, outdoor is segregated into highways & roadways lighting, architectural lighting, and Lighting for public places. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The global light control switches market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Acuity Brands, Inc., Eaton Corporation, General Electric Company, Honeywell International Inc., Ideal Industries, Legrand S.A., Lutron Electronics, Panasonic, Schneider Electric, and Signify (Philips Lighting).
KEY MARKET SEGMENTS
Light Control Switches Market, by Product Type
Switches
Dimmer
Light Control Switches Market, by Solution Type
Standalone Light Control Solutions
Integrated Light Control Solutions
Light Control Switches Market, by Communication Technology
Wired Technology
Wireless Technology
Light Control Switches Market, by Light Source
Incandescent
Fluorescent
High-intensity Discharge
Light Emitting Diode
Compact Fluorescent Lamp (CFL)
Light Control Switches Market, by Application
Residential
Commercial
Industrial
Highways & Roadways Lighting
Architectural Lighting
Lighting for Public Places
Light Control Switches Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key players in the global modular UPS market are:
1. Acuity Brands, Inc. (US)
2. Eaton Corporation (Ireland)
3. General Electric Company (US)
4. Honeywell International Inc. (US)
5. Ideal Industries (US)
6. Legrand S.A. (France)
7. Lutron Electronics (US)
8. Panasonic (Japan)
9. Schneider Electric (France)
10. Signify (Philips Lighting) (Netherlands)
List of Company Profiles
Acuity Brands Inc.
Eaton Corporation
General Electric Company
Honeywell International Inc.
Ideal Industries
Legrand S.A.
Lutron Electronics
Panasonic
Schneider Electric and
Signify (Philips Lighting).
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook