Summary

The light and apparatus control switch market in Colombia is growing quickly because of different variables like expanding urbanisation, rising dispensable livelihoods, and developing interest in energy-proficient and financially savvy lighting arrangements. The light and fixture control switches market in Colombia presents significant opportunities for growth and development, driven by several key trends. As the cost of energy continues to rise in Colombia, there is a growing demand for lighting solutions that are energy-efficient and cost-effective. This is driving the adoption of LED lighting and smart control systems that can help reduce energy consumption and lower electricity bills. The concept of the smart home is gaining popularity in Colombia, driven by increased consumer awareness of the benefits of home automation systems. This trend is driving the adoption of smart lighting control switches that can be controlled using smartphones or voice commands.

According to the research report "Colombia Light Control Switches Market Overview, 2028," published by Bonafide Research, the Colombia Light Control Switches Market was valued at more than USD 58 Million in 2022. Colombia is encountering quick urbanisation, with an ever-increasing number of individuals moving to urban areas. In residential, commercial, and industrial settings, this is driving demand for cutting-edge lighting solutions. Based on the product types, there are rocker and toggle switches, touch-based switches, dimmers, sensor-based switches, wireless/kinetic switches, and others (keypad switches, push-button switches, and illuminated switches). The rocker and toggle switches held the major share in the Colombia market. In the future, touch-based switches will grow at the highest CAGR in the country. Because they are simple to use and do not require any physical force to operate, touch-based switches are ideal for use in families with youngsters or the elderly, who might experience issues utilising conventional switches. Smart home automation systems can incorporate touch-based switches, allowing users to control lighting with voice commands or smartphones. In Colombia, where the smart home concept is gaining traction, this is a growing trend. Based on the application, it includes commercial, residential, and others (industrial, highways, public places, and architectural places). In Colombia, the residential sector is leading the market. In the future, the commercial sector will grow at the highest CAGR in the country. Colombia is experiencing significant growth in commercial construction, particularly in the hospitality and retail sectors. This is driving demand for lighting solutions that are energy-efficient, eco-friendly, and can be integrated with smart control systems.

There are several start-ups in Colombia that are operating in the light and fixture control switch market. Luxom is a Colombian start-up that offers a range of lighting solutions, including smart control systems and LED lighting fixtures. Sylar Solutions is a Colombian company that specialises in the development of lighting control systems, including sensors, dimmers, and switches. Smart Live is a start-up that offers smart home automation solutions, including lighting control systems that can be controlled using smartphones and voice commands. E-llumi is a start-up that provides LED lighting fixtures and smart control systems that can be integrated with IoT technology. Based on the report, the switch solution segment includes standalone and integrated solutions. The standalone is leading the Colombian light and fixture control switch market. One of the main reasons is that standalone solutions are easy to install and operate, making them a popular choice for both residential and commercial applications. Also, stand-alone solutions are highly flexible, allowing users to easily customise and control their lighting systems based on their specific needs and preferences. For example, users can adjust the brightness levels, set timers, and programme the switches to turn on and off at specific times. Based on the distribution channel, it includes retail stores, institutions, supermarkets, hypermarkets, and online. Retail stores lead the light and fixture control switch market. Some of the top retail stores in Colombia are Homecenter, Falabella, Easy, Sodimac, Jumbo, and Exito.

Considered in this report

• Geography: Colombia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Colombia Light Control Switches market with its value and forecast along with its segments
• Country-wise Light Control Switches market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type

• Rocker & Toggle Switches
• Touch-Based Switches
• Dimmers
• Sensor-based Switches
• Wireless/ Kinetic Switches
• Others

By Switch Solution

• Standalone
• Integrated

By Application

• Residential
• Commercial
• Others

By Distribution Channel

• Retail Stores
• Institutional
• Supermarket/ Hypermarket
• Online

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Light Control Switches industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents

1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Colombia Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Colombia Light Control Switches Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Switch Solution
6.4. Market Size and Forecast By Application
6.5. Market Size and Forecast By Distribution Channel
7. Colombia Light Control Switches Market Segmentations
7.1. Colombia Light Control Switches Market, By Product Type
7.1.1. Colombia Light Control Switches Market Size, By Rocker & Toggle Switches, 2017-2028
7.1.2. Colombia Light Control Switches Market Size, By Touch-Based Switches, 2017-2028
7.1.3. Colombia Light Control Switches Market Size, By Dimmers, 2017-2028
7.1.4. Colombia Light Control Switches Market Size, By Sensor-based Switches, 2017-2028
7.1.5. Colombia Light Control Switches Market Size, By Wireless/ Kinetic Switches, 2017-2028
7.1.6. Colombia Light Control Switches Market Size, By Others, 2017-2028
7.2. Colombia Light Control Switches Market, By Switch Solution
7.2.1. Colombia Light Control Switches Market Size, By Standalone, 2017-2028
7.2.2. Colombia Light Control Switches Market Size, By Integrated, 2017-2028
7.3. Colombia Light Control Switches Market, By Application
7.3.1. Colombia Light Control Switches Market Size, By Residential, 2017-2028
7.3.2. Colombia Light Control Switches Market Size, By Commercial, 2017-2028
7.3.3. Colombia Light Control Switches Market Size, By Others, 2017-2028
7.4. Colombia Light Control Switches Market, By Distribution Channel
7.4.1. Colombia Light Control Switches Market Size, By Retail Stores, 2017-2028
7.4.2. Colombia Light Control Switches Market Size, By Institutional, 2017-2028
7.4.3. Colombia Light Control Switches Market Size, By Supermarket/ Hypermarket, 2017-2028
7.4.4. Colombia Light Control Switches Market Size, By Online, 2017-2028
8. Colombia Light Control Switches Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Switch Solution, 2023 to 2028
8.3. By Application, 2023 to 2028
8.4. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures

Figure 1: Colombia Light Control Switches Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Switch Solution
Figure 4: Market Attractiveness Index, By Application
Figure 5: Market Attractiveness Index, By Distribution Channel
Figure 6: Porter's Five Forces of Colombia Light Control Switches Market


List of Table

Table 1 : Influencing Factors for Global Light Control Switches Market, 2022
Table 2: Colombia Light Control Switches Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Colombia Light Control Switches Market Size and Forecast By Switch Solution (2017, 2022 & 2028F)
Table 4: Colombia Light Control Switches Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 5: Colombia Light Control Switches Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 6: Colombia Light Control Switches Market Size of Rocker & Toggle Switches (2017 to 2028) in USD Million
Table 7: Colombia Light Control Switches Market Size of Touch-Based Switches (2017 to 2028) in USD Million
Table 8: Colombia Light Control Switches Market Size of Dimmers (2017 to 2028) in USD Million
Table 9: Colombia Light Control Switches Market Size of Sensor-based Switches (2017 to 2028) in USD Million
Table 10: Colombia Light Control Switches Market Size of Wireless/ Kinetic Switches (2017 to 2028) in USD Million
Table 11: Colombia Light Control Switches Market Size of Others (2017 to 2028) in USD Million
Table 12: Colombia Light Control Switches Market Size of Standalone (2017 to 2028) in USD Million
Table 13: Colombia Light Control Switches Market Size of Integrated (2017 to 2028) in USD Million
Table 14: Colombia Light Control Switches Market Size of Residential (2017 to 2028) in USD Million
Table 15: Colombia Light Control Switches Market Size of Commercial (2017 to 2028) in USD Million
Table 16: Colombia Light Control Switches Market Size of Others (2017 to 2028) in USD Million
Table 17: Colombia Light Control Switches Market Size of Retail Stores (2017 to 2028) in USD Million
Table 18: Colombia Light Control Switches Market Size of Institutional (2017 to 2028) in USD Million
Table 19: Colombia Light Control Switches Market Size of Supermarket/ Hypermarket (2017 to 2028) in USD Million
Table 20: Colombia Light Control Switches Market Size of Online (2017 to 2028) in USD Million