The Asia-Pacific Lighting Control Market size is estimated at USD 38.06 billion in 2024, and is expected to reach USD 60 billion by 2029, growing at a CAGR of 9.5% during the forecast period (2024-2029).
The Asia-Pacific lighting control market is projected to witness high growth due to increased demand for home automation and the emergence of IoT in the region. In addition, lighting control helps save energy, as it consists of several ways to switch and dimmer modules to control lighting fixtures.
The Asia-Pacific lighting control system market is highly fragmented due to the presence of influential players. Some of the major players in the market are Texas Instruments Inc., Schneider Electric SE, Philips NV, and Infineon Technologies, among others. Partnerships and acquisitions, product launches, and high expenses on research and development are the prime growth strategies adopted by these players to sustain the intense competition in the market.
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