Chicago, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Light Control Switches Market by Product Type (Switches, Dimmers), Communication Technology (Wired, Wireless), End-use Application, Switch Solutions (Standalone, Integrated), Light Source, Geography - Global Forecast", The major factors driving the growth of the light control switches market include the advent of integrated lighting control systems, ongoing and upcoming smart city projects in developing economies, increasing adoption and reduction in prices of LEDs, and growing awareness about energy savings among consumers and governments worldwide.
Germany is expected to dominate the European light control switches market during the forecast period. It held the largest share in 2020, mainly due to its robust economy, high standard of living of its citizens, and its commitment to reduce its carbon footprint. The adoption of Industry 4.0 is expected to further boost the market for light control switches and dimmers for indoor end-use application in the country. Germany is Europe’s economic powerhouse and plays a crucial role in the European market for light control switches and dimmers. The German population prefers well-equipped smart homes. Moreover, in the next 4–5 years, the number of new households is expected to rise, which would offer opportunities for new and innovative lighting solutions.
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Light Control Switches Market Report Scope
| Report Metric | Details |
| Market size value in 2020 | USD 6.6 Billion |
| Market size value in 2025 | USD 10.2 Billion |
| Growth rate | CAGR of 8.9% |
| Market Size Available for years | 2017-2025 |
| Base year considered | 2019 |
| Forecast Period | 2020-2025 |
| Forecast units (for market in terms of value) | USD million, USD billion |
| Segments conver |
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| Regions cover |
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| Companies Covered |
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| Key Market Driver | Smart City Projects In Developing Economies |
| Largest Growing Region | Asia Pacific |
| Largest Market Share Segment | Light Control Switches |
| Highest CAGR Segment | Commercial Application |
Light Control Switches Market Segmentation
Market, by Product Type
- Switches
- Manual On/Off Switches
- Toggle switches
- Rocker switches
- Illuminated switches
- Electronic Switches
- Wireless switches
- Sensor-based switches
- Others
- Dimmers
- Wired Dimmers
- Wireless dimmers
By End-use Application
- Indoor
- Residential
- Commercial
- Industrial
- Others
- Outdoor
- Highways & Roadways Lighting
- Architectural Lighting
- Lighting for Public Places
By Communication Protocol
- Wired
- DALI
- PLC
- Wired Hybrid Protocols
- Wireless
- ZigBee
- Bluetooth/BLE
- EnOcean
- Wi-Fi
- Wireless Hybrid Protocols
By Switch Solution
- Standalone switch solution
- Integrated switch solution
By Light source
- Incandescent
- Fluorescent
- Compact Fluorescent Lamp (CFL)
- Linear Fluorescent Lamp (LFL)
- High-Intensity Discharge
- Light-Emitting Diode (LED)
“Browse in-depth TOC on " Light Control Switches Market"
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55 – Figures
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Signify (Philips Lighting N.V.) (Netherlands) was ranked first in the light control switches market in 2019. It is an industry leader in the lighting market. The company’s market experience and brand name allow it to capitalize on the fundamental market dynamics in the lighting industry and deliver innovative solutions that create value and ensure its growth. The company has a huge advantage over its competitors in light control switches market, due to is its extensive product portfolio, with lighting systems compatible with various connecting technologies ranging from DALI, KNX, and BACnet to ZigBee and EnOcean
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Legrand S.A. (France) was ranked second in the light control switches market in 2019. Legrand S.A. is a global specialist in electrical and digital building infrastructures. Legrand S.A. is a global specialist in electrical and digital building infrastructures. The company has a strong product portfolio about the light control switches market. This enables the company to maintain its leading position in this market. Legrand focuses on growth strategies such as acquisitions, partnerships, and product launches. For instance, in May 2019, the company launched wireless DLM systems, which were designed for easy installation, which in turn save cost and time; and thereby, benefit engineers, electrical contractors, and facility managers needing reliable, code-compliant lighting controls.
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