Global Light Control Switches Market Size, Forecasts, And Opportunities – Includes Light Control Switches Market Trends
Learn about the global light control switches market through The Business Research Company, which provides information on light control switches market size, light control switches market drivers and restraints, light control switches market players, the COVID-19 impact on the light control switches market, and more.
The global lighting control switches market size is expected to grow from $5.66 billion in 2021 to $6.38 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The global lighting control switch market size is expected to reach $9.21 billion in 2026 at a CAGR of 9.6%.
Increasing usage of LEDs and other lamps is expected to propel the growth of the light control switches market going forward.
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The light control switches market consists of sales of light control switches by entities (organizations, sole traders, and partnerships) that are used to turn the lights ON and OFF. The primary use of light control switches is to reduce energy costs, improve sustainability and provide flexibility to meet user visual needs. Users can control and manage their light control switches and devices using hardware and software technologies.
Global Light Control Switches Market Segments Include:
By Product Type: Switches, Dimmer
By Switch Solution: Standalone Switch Solution, Integrated Switch Solution
By Light Source: Incandescent, Fluorescent, High-Intensity Discharge, Light Emitting Diode, Compact Fluorescent Lamp (CFL)
By Application: Residential, Commercial, Industrial, Highways and Roadways Lighting, Architectural Lighting, Lighting for Public Places, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the lighting control switches market in 2021.
Technological advancements have emerged as a key trend gaining popularity in the lighting control switches market. Major players in the market are adopting advanced technologies to launch efficient products in the market.
Major Market Players: Acuity Brands Inc., Honeywell International Inc., General Electric Company, Leviton Manufacturing Company Inc., Lutron Electronics, Panasonic Holdings Corporation, Schneider Electric SE, Signify N.V., Havells India Ltd., Hubbell Inc., Cooper Industries, Daintree Networks Inc, LightwaveRF PLC, Synapse Wireless Inc, and Rockwell Automation Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Light Control Switches Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides light control switches market overviews, analyzes and forecasts market size, share, light control switches market players, light control switches market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s light control switches market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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