Global Lighting Switch Market Growth 2024-2030

Global Lighting Switch Market Growth 2024-2030

In electrical wiring, a light switch is a switch, most commonly used to operate electric lights, permanently connected equipment, or electrical outlets.

The global Lighting Switch market size is projected to grow from US$ 988 million in 2023 to US$ 1241.8 million in 2030; it is expected to grow at a CAGR of 3.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Lighting Switch Industry Forecast” looks at past sales and reviews total world Lighting Switch sales in 2023, providing a comprehensive analysis by region and market sector of projected Lighting Switch sales for 2024 through 2030. With Lighting Switch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lighting Switch industry.

This Insight Report provides a comprehensive analysis of the global Lighting Switch landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lighting Switch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lighting Switch market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lighting Switch and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lighting Switch.

The global Lighting Switch market is expected to continue growing as energy-efficiency requirements become more stringent and the demand for smart lighting solutions increases. The market's expansion is further driven by ongoing technological advancements, the integration of lighting systems with smart home automation, and the emphasis on user convenience, energy savings, and sustainability in lighting control.

This report presents a comprehensive overview, market shares, and growth opportunities of Lighting Switch market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Paddle Switch
Push Switch
Touch Switch
Wifi Switch
Motion Sensor Switch
Others

Segmentation by application
Residential Use
Commercial Use
Industrial Use
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lighting Switch market?

What factors are driving Lighting Switch market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lighting Switch market opportunities vary by end market size?

How does Lighting Switch break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.