Report Content
Chapter 1 Scope & Methodology
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360º synopsis, 2024 - 2032
2.2 Business trends
2.2.1 Total addressable market (TAM), 2024-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology & innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing demand for energy-efficient lighting solutions
3.7.1.2 Advancements in lighting technology and integration with IoT
3.7.1.3 Rising demand for home automation and smart lighting solutions
3.7.1.4 Growing urbanization and infrastructure development
3.7.1.5 Increasing consumer awareness and adoption of innovative lighting controls
3.7.2 Industry pitfalls & challenges
3.7.2.1 High initial costs and installation expenses
3.7.2.2 Compatibility and interoperability issues
3.8 Growth potential analysis
3.9 Porter’s analysis
3.9.1 Supplier power
3.9.2 Buyer power
3.9.3 Threat of new entrants
3.9.4 Threat of substitutes
3.9.5 Industry rivalry
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021 - 2032 (USD Million)
5.1 Key trends
5.2 Switches
5.3 Dimmer
Chapter 6 Market Estimates & Forecast, By Solution Type, 2021 - 2032 (USD Million)
6.1 Key trends
6.2 Standalone light control solutions
6.3 Integrated light control solutions
Chapter 7 Market Estimates & Forecast, By Communication Technology, 2021 - 2032 (USD Million)
7.1 Key trends
7.2 Wired technology
7.3 Wireless technology
Chapter 8 Market Estimates & Forecast, By Light Source, 2021 - 2032 (USD Million)
8.1 Key trends
8.2 Incandescent
8.3 Fluorescent
8.4 High-intensity discharge
8.5 Light emitting diode
8.6 Compact fluorescent lamp (CFL)
Chapter 9 Market Estimates & Forecast, By Application, 2021 - 2032 (USD Million)
9.1 Key trends
9.2 Residential
9.3 Commercial
9.4 Industrial
9.5 Highways & roadways lighting
9.6 Architectural lighting
9.7 Lighting for public places
Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Million)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 ANZ
10.4.6 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Rest of Latin America
10.6 MEA
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 Rest of MEA
Chapter 11 Company Profiles
11.1 A DAINTREE COMPANY
11.2 ACUITY BRANDS LIGHTING, INC.
11.3 Dialight
11.4 Eaton
11.5 Electro-Mech Components
11.6 GE CURRENT
11.7 Helvar
11.8 Honeywell International Inc.
11.9 Hubbell
11.10 Koninklijke Philips N.V.
11.11 Legrand
11.12 Leviton Manufacturing Co., Inc.
11.13 Lutron Electronics Co., Inc.
11.14 OSRAM
11.15 Panasonic Corporation
11.16 RAB Lighting Inc.
11.17 Schneider Electric
11.18 Signify Holding.
11.19 Waytek, Inc.
Light Control Switches Market Size
Light Control Switches Market was valued at over USD 7.8 billion in 2023 and is anticipated to grow at a CAGR of over 9% between 2024 and 2032. Smart lighting and home automation are gaining traction in the industry. Customers are increasingly seeking energy-efficient lighting solutions to reduce electricity consumption and lower their carbon footprint. The demand for smart lighting solutions has grown significantly as customers seek greater control, convenience, and automation in their lighting systems.
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For instance, in August 2021, ABB India launched the Millenium and Zenit range of switches to electrify the country with safe, and sustainable switches. These switches, tailored to both homes and commercial buildings, allow customers to switch from conventional lighting to an eco-efficient intelligent alternative.
Lighting technology is undergoing continuous innovations, leading to the development of light control switches incorporated with advanced features, functionalities, and capabilities such as dimming control, brightness adjustment, color temperature adjustment, and scene management. They are also being equipped with scheduling, automation, and voice control, and integrated with other smart home devices and systems to offer enhanced comfort, convenience, and efficiency in various residential, commercial, and outdoor lighting applications.
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The compatibility and interoperability issues between different brands, manufacturers, technologies, platforms, and communication standards of light control switches, lighting controls, and smart lighting solutions create challenges. Lack of product interoperability can make it hard to find controls that work with a broad set of luminaire manufacturers, and trying to manage different control systems can be taxing for facility managers.
Light Control Switches Market Trends
The rising integration of light control switches with IoT and smart home platforms, ecosystems, and devices is driving their growth. With enhanced features, functionalities, capabilities, and connectivity options, these switches offer consumers lighting control experiences and environments customizable through smartphones, tablets, voice assistants, and other smart home devices and interfaces. For instance, in August 2021, Hubbell Control Solutions released a new & improved NX Distributed Intelligence Lighting Control Panel (NXP2 Series) that centralizes connection points in an enclosure providing an installer-friendly solution that reduces time and costs to deploy code-compliant lighting control. It offers several deployment strategies including operating as a standalone panel, multiple panels configured together, or as an NX networked device that is a part of a larger NX system. It is available in multiple size configurations with matching relay capacities.
The growing urbanization and the development of smart cities are driving the demand for light control switches that support and enhance the implementation, integration, and management of smart lighting systems, IoT-based solutions, and interconnected lighting ecosystems in urban, residential, commercial, and outdoor environments. Increasing smart city initiatives, projects, and programs are promoting the development and deployment of intelligent & connected lighting infrastructures, environments, and ecosystems that enhance energy efficiency, optimize lighting performance, and improve lighting control and management in urban areas.
Light Control Switches Market Analysis
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Based on solution type, the market is divided into standalone light control solutions and integrated light control solutions. The consumer electronics segment is the fastest growing and is anticipated to expand at a CAGR of over 10% between 2024 and 2032.
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Based on product type, the market is segmented into switches and dimmers. The switches segment dominated the market with a share of over 60% in 2023.
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The light control switches market in Asia Pacific is witnessing remarkable growth, with a CAGR of over 10% from 2024 to 2032. This growth is driven by rapid urbanization, increasing construction activities, the expanding real estate sector, and the growing demand for advanced & intelligent lighting control solutions across residential, commercial, and outdoor applications in the region.
Countries, such as China, India, and Australia, are experiencing significant growth in the market due to their robust infrastructure development, growing smart city initiatives, and increasing adoption of smart lighting and home automation systems. The rising awareness and adoption of energy-efficient lighting solutions are fueling the demand for light control switches. Light control switches play a crucial role in enhancing energy savings, optimizing lighting performance, and improving lighting control & management in various applications such as homes, offices, retail stores, hotels, restaurants, public spaces, and outdoor environments.
Light Control Switches Market Share
Legrand and Schneider Electric held over 12% of the light control switches industry share in 2023. Legrand is a global leader in electrical and digital building infrastructures, offering a comprehensive range of products, solutions, and services in the areas of electrical wiring devices, home automation, lighting controls, electrical enclosures, and network infrastructure. In the market, Legrand stands out as a prominent player with a strong presence and reputation for delivering innovative, reliable, and high-quality light control solutions, systems, and technologies that enhance comfort, convenience, efficiency, and control over lighting environments in residential, commercial, and outdoor spaces.
Schneider Electric is a global leader in energy management and automation solutions, offering a comprehensive range of products, systems, and services designed to optimize energy usage, enhance operational efficiency, and improve sustainability in various residential, commercial, and industrial applications. In the light control switches industry, Schneider Electric offers a diverse portfolio of innovative and advanced light control switches.
Light Control Switches Market Companies
Major players operating in the market are:
Light Control Switches Industry News
The light control switches market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2024 to 2032, for the following segments:
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Market, By Product Type
Market, By Solution Type
Market, By Communication Technology
Market, By Light Source
Market, By Application
The above information is provided for the following regions and countries:
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