Global Smart Switches Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Smart Switches Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Smart switches can replace existing traditional switches. It"ll take a little more work to wire an in-wall switch. User need to have neutral or ground wires. But then they don"t need to deal with batteries, and can control existing wired circuits.

According to our (Global Info Research) latest study, the global Smart Switches market size was valued at US$ 830 million in 2023 and is forecast to a readjusted size of USD 1518 million by 2030 with a CAGR of 9.1% during review period.

The global top five smart switches manufacturers include Legrand, GE lighting (Savant Systems), Signify, Lutron, Panasonic, accounting for about 40% of the market share, of which the largest manufacturer is Legrand, with a market share of about 9%. Europe is the most important smart switches producing area in the world, with a market share of more than 30%. In terms of type, Wi-Fi and Bluetooth have a market share of over 40%. In the field of application, residential accounts for about 80% of the market.

This report is a detailed and comprehensive analysis for global Smart Switches market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Smart Switches market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Smart Switches market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Smart Switches market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Smart Switches market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Smart Switches

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Smart Switches market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Legrand, GE lighting (Savant Systems), Signify, Lutron, Panasonic, Leviton, ABB, Schneider, Honeywell, Siemens, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Smart Switches market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Wi-Fi and Bluetooth
ZigBee
Others

Market segment by Application
Residential
Commercial

Major players covered
Legrand
GE lighting (Savant Systems)
Signify
Lutron
Panasonic
Leviton
ABB
Schneider
Honeywell
Siemens
Simon
Belkin
Vimar
iDevices (Hubbell)
Shenzhen Hidin Tech
Qubino
Brilliant Home Technology
Wenzhou MVAVA
TP-LINK
Bull

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Smart Switches product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Smart Switches, with price, sales quantity, revenue, and global market share of Smart Switches from 2019 to 2024.

Chapter 3, the Smart Switches competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Smart Switches breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Smart Switches market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Switches.

Chapter 14 and 15, to describe Smart Switches sales channel, distributors, customers, research findings and conclusion.