South America Lighting Contactor Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Electrically Held and Mechanically Held), End-User (Commercial, Residential, and Industrial), and Application (Indoors and Outdoors)
Description
South America Lighting Contactor Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Electrically Held and Mechanically Held), End-User (Commercial, Residential, and Industrial), and Application (Indoors and Outdoors)
The lighting contactor market in SAM is expected to grow from US$ 41.13 million in 2022 to US$ 55.91 million by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.
Government Initiatives to Fuel Lighting Contactor Uptake
The governments of countries all over the region are introducing various initiatives.
In March 2022, the Global Infrastructure Facility (GIF) collaborated with the Federal Government of Brazil and World Bank Group to launch a ‘Street Lighting Structuring Guide.’ Under this program, the GIF will assist public administrators in structuring street lighting projects for 10 Brazilian municipalities. Such government initiatives will increase the installation of lights and, consequently, the demand for lighting contactors over the forecast period.
Market Overview
SAM lighting contactor market comprises Brazil, Argentina, and the Rest of SAM. Brazil is the region’s fastest-growing country. The country has over 18 million light points and service penetration of around 95% of the residential sector. Under the “Smart Rio Project,” approximately 4, 50,000 street lights will be replaced by LED bulbs in Rio de Janeiro. According to the United Nations Framework Convention on Climate Change (UNFCCC), the City of Buenos Aires, Argentina, ties up with Philips. This deal enables the company to provide its ICT solution, which will help the city remotely monitor and control 72% of the network of streetlights. With this deal, 91,000 streetlights will be replaced by LED lights. In May 2021, Anern, a solar lights producer, provided its all-in-one solar streetlights for South America’s Porsche center parking lot under the “120W all in one Solar Panel Parking Lot Light Project”. Such initiatives and projects increase the installation of lights which will subsequently increase the demand for lighting contactors and drive the lighting contactors market in the region during the forecast period.
AM Lighting Contactor Market Revenue and Forecast to 2028 (US$ Million)
SAM Lighting Contactor Market Segmentation
The SAM lighting contactor market is segmented into type, end user, application, and country. Based on type, the market is segmented into electrically held and mechanically held. The electrically held segment registered a larger market share in 2022.
Based on end-user, the SAM lighting contactor market is segmented into commercial, residential, and industrial. The commercial segment registered the largest market share in 2022. Based on application, the SAM lighting contactor market is segmented into indoor and outdoor. The indoor segment registered a larger market share in 2022. Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. Brazil dominated the market share in 2022. ABB Ltd.; Eaton; Hager Group; Hitachi Industrial Equipment Systems Co., Ltd; Ripley Lighting Controls; Rockwell Automation, Inc.; Schneider Electric SE; and Siemens AG are the leading companies operating in the lighting contactor market in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM lighting contactor market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM lighting contactor market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the lighting contactor market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The lighting contactor market in SAM is expected to grow from US$ 41.13 million in 2022 to US$ 55.91 million by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.
Government Initiatives to Fuel Lighting Contactor Uptake
The governments of countries all over the region are introducing various initiatives.
In March 2022, the Global Infrastructure Facility (GIF) collaborated with the Federal Government of Brazil and World Bank Group to launch a ‘Street Lighting Structuring Guide.’ Under this program, the GIF will assist public administrators in structuring street lighting projects for 10 Brazilian municipalities. Such government initiatives will increase the installation of lights and, consequently, the demand for lighting contactors over the forecast period.
Market Overview
SAM lighting contactor market comprises Brazil, Argentina, and the Rest of SAM. Brazil is the region’s fastest-growing country. The country has over 18 million light points and service penetration of around 95% of the residential sector. Under the “Smart Rio Project,” approximately 4, 50,000 street lights will be replaced by LED bulbs in Rio de Janeiro. According to the United Nations Framework Convention on Climate Change (UNFCCC), the City of Buenos Aires, Argentina, ties up with Philips. This deal enables the company to provide its ICT solution, which will help the city remotely monitor and control 72% of the network of streetlights. With this deal, 91,000 streetlights will be replaced by LED lights. In May 2021, Anern, a solar lights producer, provided its all-in-one solar streetlights for South America’s Porsche center parking lot under the “120W all in one Solar Panel Parking Lot Light Project”. Such initiatives and projects increase the installation of lights which will subsequently increase the demand for lighting contactors and drive the lighting contactors market in the region during the forecast period.
AM Lighting Contactor Market Revenue and Forecast to 2028 (US$ Million)
SAM Lighting Contactor Market Segmentation
The SAM lighting contactor market is segmented into type, end user, application, and country. Based on type, the market is segmented into electrically held and mechanically held. The electrically held segment registered a larger market share in 2022.
Based on end-user, the SAM lighting contactor market is segmented into commercial, residential, and industrial. The commercial segment registered the largest market share in 2022. Based on application, the SAM lighting contactor market is segmented into indoor and outdoor. The indoor segment registered a larger market share in 2022. Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. Brazil dominated the market share in 2022. ABB Ltd.; Eaton; Hager Group; Hitachi Industrial Equipment Systems Co., Ltd; Ripley Lighting Controls; Rockwell Automation, Inc.; Schneider Electric SE; and Siemens AG are the leading companies operating in the lighting contactor market in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM lighting contactor market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM lighting contactor market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the lighting contactor market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
107 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. SAM Lighting Contactor Market Landscape
- 4.1 Market Overview
- 4.2 SAM PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
- 5. SAM Lighting Contactor Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Penetration of IoT in Lighting Control Systems
- 5.1.2 Smart Lighting Solutions Boosts Market Growth
- 5.2 Market Restraints
- 5.2.1 Rising Usage of Portable Lights
- 5.3 Market Opportunities
- 5.3.1 Government Initiatives to Fuel Lighting Contactor Uptake
- 5.4 Future Trends
- 5.4.1 Increasing Trend of Horticulture Lights
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Lighting Contactor Market – SAM Market Analysis
- 6.1 SAM Lighting Contactor Market Overview
- 6.2 SAM Lighting Contactor Market Revenue Forecast and Analysis
- 6.3 SAM Lighting Contactor Market Volume Forecast and Analysis
- 7. SAM Lighting Contactor Market Analysis – By Type
- 7.1 Overview
- 7.2 SAM Lighting Contactor Market, By Type (2021 and 2028)
- 7.3 Electrically Held
- 7.3.1 Overview
- 7.3.2 Electrically Held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Mechanically Held
- 7.4.1 Overview
- 7.4.2 Mechanically Held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 8. SAM Lighting Contactor Market Analysis – By End-User
- 8.1 Overview
- 8.2 SAM Lighting Contactor Market, By End-User (2021 and 2028)
- 8.3 Commercial
- 8.3.1 Overview
- 8.3.2 Commercial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Residential
- 8.4.1 Overview
- 8.4.2 Residential: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Industrial
- 8.5.1 Overview
- 8.5.2 Industrial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 9. SAM Lighting Contactor Market Analysis – By Application
- 9.1 Overview
- 9.2 SAM Lighting Contactor Market, By Application (2021 and 2028)
- 9.3 Indoor
- 9.3.1 Overview
- 9.3.2 Indoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 9.4 Outdoor
- 9.4.1 Overview
- 9.4.2 Outdoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 10. SAM Lighting Contactor Market – Country Analysis
- 10.1 Overview
- 10.1.1 SAM: Lighting Contactor Market, By Country
- 10.1.1.1 Brazil: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 Brazil: Lighting Contactor Market, By Type
- 10.1.1.1.2 Brazil: Lighting Contactor Market, By End-User
- 10.1.1.1.3 Brazil: Lighting Contactor Market, By Application
- 10.1.1.2 Argentina: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 Argentina: Lighting Contactor Market, By Type
- 10.1.1.2.2 Argentina: Lighting Contactor Market, By End-User
- 10.1.1.2.3 Argentina: Lighting Contactor Market, By Application
- 10.1.1.3 Rest of SAM: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 Rest of SAM: Lighting Contactor Market, By Type
- 10.1.1.3.2 Rest of SAM: Lighting Contactor Market, By End-User
- 10.1.1.3.3 Rest of SAM: Lighting Contactor Market, By Application
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Mergers and Acquisition
- 11.4 New Product Development
- 12. Company Profiles
- 12.1 ABB Ltd.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Eaton
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Ripley Lighting Controls
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Hager Group
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Hitachi Industrial Equipment Systems Co., Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Rockwell Automation, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Schneider Electric SE
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Siemens AG
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Word Index
- LIST OF TABLES
- Table 1. SAM Lighting Contactor Market Revenue and Forecast to 2028 (US$ Million)
- Table 2. SAM Lighting Contactor Market Volume and Forecast to 2028 (Thousand Units)
- Table 3. Brazil Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
- Table 4. Brazil Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
- Table 5. Brazil Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
- Table 6. Argentina Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
- Table 7. Argentina Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
- Table 8. Argentina Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
- Table 9. Rest of SAM Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
- Table 10. Rest of SAM Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Rest of SAM Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
- Table 12. List of Abbreviation
- LIST OF FIGURES
- Figure 1. SAM Lighting Contactor Market Segmentation
- Figure 2. SAM Lighting Contactor Market Segmentation – By Country
- Figure 3. SAM Lighting Contactor Market Overview
- Figure 4. SAM Lighting Contactor Market, by Type
- Figure 5. SAM Lighting Contactor Market, by Country
- Figure 6. SAM – PEST Analysis
- Figure 7. Lighting Contactor Market- Ecosystem Analysis
- Figure 8. SAM Lighting Contactor Market Impact Analysis of Drivers and Restraints
- Figure 9. SAM Lighting Contactor Market Revenue Forecast and Analysis (US$ Million)
- Figure 10. SAM Lighting Contactor Market Volume Forecast and Analysis (Thousand Units)
- Figure 11. SAM Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
- Figure 12. SAM Electrically Held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 13. SAM Mechanically held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 14. SAM Lighting Contactor Market Revenue Share, by End-User (2021 and 2028)
- Figure 15. SAM Commercial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 16. SAM Residential: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 17. SAM Industrial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 18. SAM Lighting Contactor Market Revenue Share, by Application (2021 and 2028)
- Figure 19. SAM Indoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 20. SAM Outdoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 21. SAM Lighting Contactor Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 22. SAM: Lighting Contactor Market Revenue Share, By Country (2021 and 2028)
- Figure 23. Brazil: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Argentina: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Rest of SAM: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
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