Research Report on the Low Voltage Landscape Lighting Transformer Market in North America, Projected to 2032
An increase in infrastructure development, including landscaping initiatives for homes, businesses, and public areas, is a result of North America's continuous urbanization. In order to properly light outdoor spaces, this has led to a considerable need for low-voltage landscape lighting transformers. In both residential and business settings, there is an increasing emphasis on improving exterior aesthetics and establishing a welcoming atmosphere. Because they offer adaptable lighting options for a range of outdoor environments, low-voltage landscape lighting transformers are essential to accomplishing these goals. There is now a greater need for outdoor lighting solutions due to the increase in house remodeling and improvement projects throughout North America. Quality transformers are becoming more and more necessary as a result of homeowners' investments in modern lighting schemes to enhance their outside environments.
Technology is advancing quickly in the landscape lighting sector, and smart features like dimming, timers, and remote control are being included. Transformer producers can benefit from these developments by creating transformers that work with smart lighting systems, giving customers more functionality and convenience. The need for landscape lighting solutions has been driven by the growing popularity of establishing outdoor living spaces in recent years. Transformer manufacturers have an opportunity to address this expanding market sector by offering solutions that address the need for novel lighting designs in order to transform outdoor areas into both practical and aesthetically beautiful locations. The need for landscape lighting solutions in both residential and commercial properties is rising as a result of North America's construction industry's consistent rise.
An integral part of outdoor lighting systems, a low-voltage landscape lighting transformer transforms high-voltage electricity from the main power source into a voltage that is appropriate for lighting landscape lighting fixtures. The voltage is normally stepped down by these transformers from ordinary household levels (120V or 240V) to a lower voltage range that is safer and more energy-efficient, usually 12V or 24V. These transformers improve the life of lighting equipment, increase energy efficiency, and guarantee the safe functioning of landscape lighting systems by lowering the voltage.
The division of markets The tap configuration, voltage, application, communication technology, end users, and country are the main factors used to segment the North American low-voltage landscape lighting transformer market. The single tap transformer and multi-tap transformer segments of the market are divided based on the tap configuration.
The market is divided into 12 and 24 volt segments based on voltage. The lighting, motion sensor, floodlight, lighting fixture, and other segments of the market are divided based on application. With a 52.7% market revenue share in 2022, the floodlights segment is predicted to increase at a compound annual growth rate (CAGR) of 6.3% throughout the forecast period. The market is divided into two segments based on communication technology: Bluetooth and Wi-Fi. Residential and commercial end users make up the market's segmentation.
Important Parties Pacific Transformer Corporation, Haven Lighting, Aquascape, Inc., Justin, Inc., Hammond Power Solutions, khanTECH, Americana Outdoor Lighting, COLOER, Kerr Lighting, and FX LUMINAIRE (HUNTER INDUSTRIES INC) are the leading companies in the industry.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.5.3 Primary Research: Regional Coverage
3.6 Approaches For Market Size Estimation:
3.6.1 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
3.10 Introduction
3.11 Drivers
3.11.1 Urbanization And Growth Of The Commercial & Residential Sectors
3.11.2 Advantages Offered By Lighting Transformers, Such As Higher Efficiency And Longer Lifespans
3.12 Restraints
3.12.1 High Initial Costs Associated With Installing New Landscape Lighting Systems
3.12.2 High Maintenance Costs
3.13 Opportunity
3.13.1 Expansion Of The Smart City Concept
3.13.2 Growing Adoption Of Smart And Connected Lighting Systems
3.13.3 Increasing Focus On Sustainability And Eco-friendly Practices
3.14 Impact Analysis Of Covid-19
3.14.1 Impact On The Supply Chain Of North America Low-voltage Landscape Lighting Transformer Market
3.14.2 Impact On Market Demand Of North America Low-voltage Landscape Lighting Transformer Market
4 Market Factor Analysis
4.1 Supply Chain Analysis
4.1.1 Component Suppliers
4.1.2 Low Voltage Landscape Lighting Transformers Manufacturers
4.1.3 Distributors/Sales Channels
4.1.4 End Use Industry
4.2 Porter’s Five Forces Model
4.2.1 Bargaining Power Of Suppliers
4.2.2 Bargaining Power Of Buyers
4.2.3 Threat Of New Entrants
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Rivalry
5 North America Low-voltage Landscape Lighting Transformer Market, By Tap Configuration
5.1 Introduction
5.1.1 Single Tap Transformers
5.1.2 Multi-tap Transformers
6 North America Low-voltage Landscape Lighting Transformer Market, By Voltage
6.1 Introduction
6.1.1 12v
6.1.2 24v
7 North America Low-voltage Landscape Lighting Transformer Market, By Application
7.1 Introduction
7.1.1 Lightning Fixtures
7.1.2 Lights Motion Sensors
7.1.3 Floodlights
7.1.4 Others
8 North America Low-voltage Landscape Lighting Transformer Market, By Communication Technology
8.1 Introduction
8.1.1 Wi Fi
8.1.2 Bluetooth
9 North America Low-voltage Landscape Lighting Transformer Market, By End-user Technology
9.1 Introduction
9.1.1 Residential
9.1.2 Commercial
10 North America Low-voltage Landscape Lighting Transtap Configurationers Market, By Country
10.1 Overview
10.2 North America Error! Bookmark Not Defined.
10.2.1 Us
10.2.2 Canada
11 Competitive Landscape
11.1 Introduction
11.2 Competition Dashboard
11.3 Company Market Share Analysis, 2022 (%)
11.4 Competitive Benchmarking
11.5 Leading Players In Terms Of The Number Of Developments In The North America Low-voltage Landscape Lighting Transformers Market