Summary
The global light control switches market was valued at $7.2 billion in 2020, and is projected to reach $12.5 billion by 2030, growing at a CAGR of 5.7% from 2020 to 2030.
Light control plays a critical role in lighting systems, enabling users manually or automatically to turn the lights on and off using a switch or adjust light output up and down using a dimmer. This basic functionality of light control switches is to reduce energy costs and improve sustainability, thus providing flexibility to meet user visual needs. In addition, lighting control switches have evolved with two additional capabilities that are to adjust light source color, including shade of white light and/or generate data via measuring and/or monitoring. The major benefit is to adjust the intensity of one or more layers of lighting in a space. Moreover, lighting controls can change space appearance, facilitate different functions of the space, alter atmosphere & mood, reduce glare, and increase user satisfaction by providing users the ability to control their lighting. Furthermore, by reducing lighting ON time, intensity or zoning, lighting controls reduce both demand and energy consumption.
According to the Lawrence Berkeley National Laboratory (LBNL), popular lighting control strategies produce 24–38% average lighting energy savings, which reduces building operating costs. Owing to strong energy savings, the majority of state commercial building energy codes require a wide range of controls in new construction. In existing construction, the controllability of LED lighting results in an ideal pairing with controls, combining to minimize energy costs.
Rise in urbanization and infrastructural development across the globe have led to increase in real estate, public places projects, thus increasing the demand for light control switches. In addition, rise in prices on electricity across the globe increase awareness among people to save energy, which has led to increase in demand of light control switches.
The global light control switches market is segmented into product type, solution type, communication technology, light source, application, and region. Depending on product type, the market is categorized into switches and dimmers. On the basis of solution type, it is divided into standalone light control Solutions and integrated light control solutions. By communication technology, it is classified into wired technology and wireless technology. As per light source, it is classified into incandescent, fluorescent, high-intensity discharge, light emitting diode, and compact fluorescent lamp (CFL).
Application wise, it is categorized into indoor and outdoor. In addition, indoor is segregated into residential, commercial and industrial. Moreover, outdoor is segregated into highways & roadways lighting, architectural lighting, and Lighting for public places. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The global light control switches market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Acuity Brands, Inc., Eaton Corporation, General Electric Company, Honeywell International Inc., Ideal Industries, Legrand S.A., Lutron Electronics, Panasonic, Schneider Electric, and Signify (Philips Lighting).
KEY MARKET SEGMENTS
Light Control Switches Market, by Product Type
• Switches
• Dimmer
Light Control Switches Market, by Solution Type
• Standalone Light Control Solutions
• Integrated Light Control Solutions
Light Control Switches Market, by Communication Technology
• Wired Technology
• Wireless Technology
Light Control Switches Market, by Light Source
• Incandescent
• Fluorescent
• High-intensity Discharge
• Light Emitting Diode
• Compact Fluorescent Lamp (CFL)
Light Control Switches Market, by Application
o Residential
o Commercial
o Industrial
o Highways & Roadways Lighting
o Architectural Lighting
o Lighting for Public Places
Light Control Switches Market, By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o Spain
o UK
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
Key players in the global modular UPS market are:
1. #Acuity Brands, Inc. (US)
2. #Eaton Corporation (Ireland)
3. #General Electric Company (US)
4. #Honeywell International Inc. (US)
5. #Ideal Industries (US)
6. #Legrand S.A. (France)
7. #Lutron Electronics (US)
8. #Panasonic (Japan)
9. #Schneider Electric (France)
10. #Signify (Philips Lighting) (Netherlands)
