About Lights Dimmer Switches
As light plays a very important role in setting home. The level of light in the home plays a very important role in the room’s well-being. Every room is used for different purpose require light in varying amounts. The dimmer light is equipped with the power to adjust the voltage capacity of any lighting system. There are different types of dimmer switches are available in the market varied with shapes and sizes. These switches are energy efficient switches. This switch can control the electricity flow across various lighting sources.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.9% |
The global lights dimmer switches market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United Kingdom Players will contribute the maximum growth to Global Lights Dimmer Switches market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Busch-Jaeger Elektro (Germany), R Hamilton & Co Ltd (England), Leviton Lighting (United States), Retrotouch (United Kingdom), Merten GmbH (Germany), CP Electronics (United Kingdom), Heinrich Kopp GmbH (United Kingdom), Jung (Germany), Lutron Electronics (United States) and Gira (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Crestron (United States), Schneider Electric (France) and Legrand (France).
Segmentation Overview
AMA Research has segmented the market of Global Lights Dimmer Switches market by Type (Automatic and Manual), Application (Indoor and Outdoor) and Region.
On the basis of geography, the market of Lights Dimmer Switches has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Product, the sub-segment i.e. Manual Switch will boost the Lights Dimmer Switches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Style, the sub-segment i.e. Rocker will boost the Lights Dimmer Switches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Low-Cost Installation Process and Increase Demand for Low Dimmers
Market Growth Drivers:
Growing Concern towards Saving Electricity, The merger of IoT and Lighting and Increasing Trends for Controlling the Lighting System
Challenges:
The slowdown of Power Consumption by Digital Dimmers and Increase Challenges of Hacking Issues
Restraints:
Scarcity of Robust Networking Infrastructure and Strict Regulatory Framework in the Energy Sector
Opportunities:
Advancement in Wireless Technology and Growing Number of Online Channels
Market Leaders and their expansionary development strategies
In June 2023, URC has launched a new all-in-one, combined lighting solution, branded URC Lighting LT-3300 dimmer/switch device. The next-generation smart products enable installers to configure as either dimmer or switch and swiftly program the LT-3300 products to create unique atmospheres for entertaining or quiet family events.
In January 2023, Lutron Electronics, the trusted leader in lighting control and automated shading solutions, is announcing the availability of the Diva smart dimmer in six colors, and a new Claro accessory smart switch, to the Caséta portfolio of products.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Light Dimmer Switches Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.