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 to 2025
The light control switches market is estimated to grow from USD 6.6 billion in 2020 and projected to reach USD 10.1 billion by 2025, at a CAGR of 8.9%. The major factors driving the growth of 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.
“ZigBee protocol to account for a larger share of light control switches market for wireless communication technology during the forecast period.”
The market for ZigBee protocol is expected to hold the largest share of market for wireless communication technology during the forecast period. The technology is designed to be a low power, low data rate, proximity wireless mesh network protocol, to be simpler and less expensive than other wireless network protocols. The increasing adoption of smart homes is likely to create demand for the ZigBee protocol.
“Outdoor application expected to grow at a higher CAGR in the light control switches market during the forecast period.”
The market for outdoor end-use applications is expected to grow at a higher CAGR during the forecast period. This growth is mainly due to the increasing focus on enhancing connectivity by constructing roads and installing smart lights for these roads, especially in the developing countries in the APAC region. This, in turn, would spur the growth of the outdoor market.
“APAC to exhibit highest growth in light control switches market during the forecast period.”
The light control switches market in APAC is expected to grow at the highest CAGR during the forecast period. This growth is attributed to rapid infrastructure building activities being undertaken in APAC, mainly in China and India, where smart lighting paves the way for the modernization of infrastructure. The modernization and development of infrastructure such as smart cities across the region, coupled with government policies to support energy-efficient lighting, would also drive the demand for smart street lights, thereby driving the market for light control switches in this region.
Key Market Players
Some of the major players in the light control switches market Signify (Philips Lighting) (Netherlands), Legrand S.A. (France), Eaton Corporation (Ireland), General Electric Company (US), and OSRAM Licht (Germany), Acuity Brands, Inc. (US), Leviton Manufacturing Company, Inc. (US), Lutron Electronics (US), Schneider Electric (France), Honeywell International Inc. (US), Ideal Industries (US), Adesto Technologies (Echelon Corporation), Panasonic (Japan), Helvar (Finland), LightwaveRF PLC (UK), RAB Lighting (US), Synapse Wireless (US), and Dialight PLC (UK).
Signify Holding (Netherlands) is an industry leader in the lighting market space. The 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
The company aims to further invest in connected lighting systems, which also helped the company to win numerous contracts to supply connected lighting systems and other lighting control equipment. For instance, in November 2018, the company was selected as the connected lighting partner to illuminate up to 15 of London’s iconic bridges by 2022. It also adopts the strategy of an acquisition. For instance, in October 2019, Signify acquired Cooper Lighting Solutions from Eaton. This acquisition would strengthen its position in the North American lighting market. Also, in April 2019, it acquired WiZ Connected—a developer of the WiZ Wi-Fi-based connected lighting ecosystem. This acquisition will allow Signify to extend its leadership position in the Wi-Fi-based lighting control switches market.
Report Scope
|
Report Metrics |
Details |
| 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 | Products tyop, end-use application, communication technology, switch solutions, light source, and geography |
| Regions cover | North America, Europe, APAC and Row |
| Companies Covered | Signify (Philips Lighting) (Netherlands), Legrand S.A (France), Eaton Corporation (Ireland), General Electric Company (US), and OSRAM Licht (Germany), Acuity Brands, Inc. (US), Leviton Manufacturing Conmpany, Inc. (US), Lutron Electronics (US), schneider Electric (France), Honeywell Internation Inc. (US) Ideal Industries (US) Adesto Technologies (Echelon Corporation), Panasonic (Japan). Helvar (Finland), LightwaveRF PLC (UK) RAB Lighting (US) syna pse Wireless (US), and Dialight PLC (UK) |
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)
By Geography
- North America
- Europe
- APAC
- RoW
Key Developments
- In November 2019, Luton launched the Sunnata touch dimmer – a sleek, intuitive control featuring capacitive touch technology. This dimmer features Lutron’s LED+ Advanced Technology, which provides superior dimming for dimmable LEDs, and incandescent and halogen bulbs.
- In October 2019, Signify N.V announced that it would acquire Cooper Lighting Solutions from Eaton for USD 1.4 billion in cash. This acquisition is expected to take place in the first quarter of 2020. With this acquisition, Signify would strengthen its position in the North American professional lighting market.
- In February 2019, The European Investment Bank (EIB) provided Zumtobel Group with the second Euro 40m tranche of a Euro 80m financing program to strengthen its research and development activities.
Key Questions Addressed by the Report:
- What are the opportunities for light control switches providers?
- How much growth is expected from standalone and integrated light control switches in the market?
- Who are the major competitors in the market at present and in the near future, and what are their growth strategies?
- What are the major end-use applications of light control switches and dimmers?
- What are the major communication protocols used in light control switches and dimmers, and what are their impact on the light control switches market and its growth in the near future?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 18)
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. - 22)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 30)
4 Premium Insights (Page No. - 34)
4.1 Attractive Opportunities for Growth of Light Control Switches Market
4.2 Market, By Communication Technology
4.3 Market, By End-Use Application
4.4 Market, By Solution Type
4.5 Market, By Region
5 Market Overview (Page No. - 37)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Ongoing and Upcoming Smart City Projects in Developing Economies
5.2.1.2 Government Initiatives and Policies for Energy Savings
5.2.1.3 Increasing Adoption and Declining Prices of LEDs
5.2.1.4 Growing Acceptance of Standard Protocols for Lighting Control Systems
5.2.1.5 Advent of Integrated Lighting Control Systems
5.2.2 Restraints
5.2.2.1 Privacy and Security Issues With Smart Lighting Control Systems
5.2.2.2 Lack of Awareness Regarding Installation Cost and Payback Period of Smart Lighting Solutions
5.2.3 Opportunities
5.2.3.1 Rapid Transition From Traditional Lighting Systems to Connected Lighting Solutions
5.2.3.2 Growing Inclination Toward Energy-Efficient Lighting Solutions
5.2.4 Challenges
5.2.4.1 Interoperability Issues Between Different Network Components
5.3 Value Chain Analysis
5.3.1 Research and Product Development
5.3.2 Raw Material Provides/Input Suppliers
5.3.3 Original Equipment Manufacturers
5.3.4 System Integrators and Service Providers
5.3.5 Distributors and Sales Representatives
5.3.6 End-Use Applications
6 Light Control Switches Market, By Product Type (Page No. - 44)
6.1 Introduction
6.2 Switches
6.2.1 Manual On/Off Switches
6.2.1.1 Toggle Switches
6.2.1.1.1 Actuators Control Toggle Switches Through A Series of Arranged Springs and Levers
6.2.1.2 Rocker Switches
6.2.1.2.1 Rocker Switches use A Broad Lever Instead of an Actuator
6.2.1.3 Illuminated Switches
6.2.1.3.1 Illuminated Switches Draw Power to Charge Their In-Built Illuminating Source
6.2.2 Electronic Switches
6.2.2.1 Wireless Switches
6.2.2.1.1 Wireless Switches Market to Exhibit Higher Growth During the Forecast Period
6.2.2.2 Sensor-Based Switches
6.2.2.2.1 Sensor-Based Switches to Dominate Electronic Light Control Switches Market During Forecast Period
6.2.2.3 Others
6.2.2.3.1 Other Electronic Switches Include Timer-Based Switches and Wall-Mounted Digital Electronic Switches
6.3 Dimmers
6.3.1 Wired Dimmers
6.3.1.1 Wired Dimmers are Based on DALI, KNX, and DMX Protocols
6.3.2 Wireless Dimmers
6.3.2.1 Wireless Dimmers to Account for Major Share of Market for Dimmers During Forecast Period
7 Light Control Switches Market, By Solution Type (Page No. - 50)
7.1 Introduction
7.2 Standalone Light Control Solutions
7.2.1 Standalone Light Control Solutions to Dominate Market During Forecast Period
7.3 Integrated Light Control Solutions
7.3.1 Integrated Light Control Solutions to Witness Significant Demand During Forecast Period
8 Light Control Switches Market, By Communication Technology (Page No. - 53)
8.1 Introduction
8.2 Wired Technology
8.2.1 DALI
8.2.1.1 DALI Protocol to Account for Major Share of Light Control Switches Market for Wired Communication Protocol During Forecast Period
8.2.2 Power-Line Communication (PLC)
8.2.2.1 PLC Wired Lighting is Mostly Adopted for Outdoor Street Lights and Industrial Lighting Applications
8.2.3 Wired Hybrid Protocols
8.2.3.1 Wired Hybrid Protocols to Exhibit Highest Growth in Market for Wired Communication During Forecast Period
8.3 Wireless
8.3.1 ZigBee
8.3.1.1 ZigBee Expected to Dominate Market for Wireless Communication Technology During Forecast Period
8.3.2 Wi-Fi
8.3.2.1 Wi-Fi Communication Protocol is Expected to Grow Owing to Its Ubiquity and Widespread Availability
8.3.3 BLE
8.3.3.1 BLE-Based Light Control Switches and Dimmers are Increasingly Being Adopted Across Various End-Use Applications
8.3.4 EnOcean
8.3.4.1 EnOcean-Based Communication Protocols are Commonly Used in Occupancy Sensors, Lighting Controls, and Other Room Control Applications
8.3.5 Wireless Hybrid Protocols
8.3.5.1 Wireless Hybrid Protocols Include Various Company-Specific Proprietary Protocols and Jennet-IP
9 Light Control Switches Market, By End-Use Application (Page No. - 63)
9.1 Introduction
9.2 Indoor
9.2.1 Residential
9.2.1.1 Residential Application to Grow at Highest CAGR in APAC During Forecast Period
9.2.2 Commercial
9.2.2.1 Retail
9.2.2.1.1 Advanced Lighting Control Systems Enhance Interactions Between Customers and Merchandise
9.2.2.2 Hospitality
9.2.2.2.1 Efficient Light Dimming Systems in Hotels and Restaurants Help Attract Guests
9.2.2.3 Office Lighting
9.2.2.3.1 Proper Light Management Solutions in Offices Increase Workforce Productivity
9.2.3 Industrial
9.2.3.1 APAC to Dominate Light Control Switches Market for Industrial Application During Forecast Period
9.2.4 Others
9.2.4.1 Market for Other Applications to Exhibit Highest Growth in APAC During Forecast Period
9.3 Outdoor
9.3.1 Highways & Roadways Lighting
9.3.1.1 Highways & Roadways to Account for Major Share of Market for Outdoor Application During Forecast Period
9.3.2 Architectural Lighting
9.3.2.1 Modernization of Historic Buildings to Fuel Demand for Advanced Light Control Switches During Forecast Period
9.3.3 Lighting for Public Places
9.3.3.1 Lighting for Public Places Includes Airport Perimeters, Parking Structures, Stadiums, Entertainment Venues, Outdoor Arenas, and Parks
10 Light Control Switches Market, By Light Source (Page No. - 77)
10.1 Introduction
10.2 Incandescent
10.3 Fluorescent (FL)
10.3.1 Compact Fluorescent Lamp (CFL)
10.3.2 Linear Fluorescent Lamp (LFL)
10.4 High-Intensity Discharge (HID)
10.5 Light-Emitting Diode (LED)
11 Geographic Analysis (Page No. - 80)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 US to Hold Major Share of Light Control Switches Market in North America During Forecast Period
11.2.2 Canada
11.2.2.1 Outdoor Lighting to Drive Market in Canada During Forecast Period
11.2.3 Mexico
11.2.3.1 Government Initiatives for Implementing Energy-Efficient Lighting Systems to Drive Market in Mexico
11.3 Europe
11.3.1 UK
11.3.1.1 Demand for Energy-Saving Lighting Solutions for Indoor Application to Drive Market in UK
11.3.2 Germany
11.3.2.1 Germany to Lead Light Control Switches Market in Europe
11.3.3 France
11.3.3.1 Adoption of Smart Lighting Controls to Drive Market in France During Forecast Period
11.3.4 Italy
11.3.4.1 High Demand From Rebounding Construction Sector to Propel Market in Italy
11.3.5 Spain
11.3.5.1 Government Regulations for Reducing Emissions are Driving Adoption of Smart Light Controls in Spain
11.3.6 Rest of Europe
11.3.6.1 Rest of Europe to Exhibit Highest Growth in European Market
11.4 APAC
11.4.1 China
11.4.1.1 Increasing Government Expenditure on Public Infrastructure to Drive Market in China
11.4.2 Japan
11.4.2.1 Indoor Lighting Application to Boost Demand for Light Control Solutions in Japan
11.4.3 India
11.4.3.1 Government Support Expected to Drive Market in India
11.4.4 South Korea
11.4.4.1 Energy Efficiency Labels and Standard Programs Expected to Boost Growth of Sensors-Based Switches and Dimmers in South Korea
11.4.5 Rest of APAC
11.4.5.1 Initiatives for Energy Efficiency Labels and Standard Programs to Boost Market Growth in Rest of APAC
11.5 Rest of the World
11.5.1 Middle East & Africa
11.5.1.1 Rapid Growth in Urbanization to Drive Light Control Switches Market in Middle East & Africa
11.5.2 South America
11.5.2.1 Increase in Adoption of Smart Lighting Control Devices to Drive Market in South America
12 Competitive Landscape (Page No. - 109)
12.1 Overview
12.2 Light Control Switches Market: Market Ranking Analysis 2019
12.3 Competitive Situations and Trends
12.3.1 Product Launches, Product Showcase & Developments
12.3.2 Agreements, Partnerships, Collaborations, Contracts, and Joint Ventures
12.3.3 Mergers & Acquisitions
12.4 Competitive Leadership Mapping
12.4.1 Visionary Leaders
12.4.2 Dynamic Differentiators
12.4.3 Innovators
12.4.4 Emerging Companies
13 Company Profiles (Page No. - 116)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1 Introduction
13.2 Key Players
13.2.1 Signify N.V. (Philips Lighting N.V.)
13.2.2 Legrand S.A.
13.2.3 Leviton Manufacturing Company, Inc.
13.2.4 Lutron Electronics Co., Inc.
13.2.5 Eaton Corporation PLC
13.2.6 OSRAM Licht AG
13.2.7 Hubbell Incorporated
13.2.8 Acuity Brands, Inc.
13.2.9 Honeywell International Inc.
13.2.10 Schneider Electric Se
13.2.11 Havells India Limited (Havells)
13.3 Other Important Players
13.3.1 Dialight PLC
13.3.2 Helvar
13.3.3 Zumtobel Group AG
13.3.4 ABB
13.3.5 Siemens AG
13.3.6 GE Current—A Daintree Company
13.3.7 Ideal Industries, Inc.
13.4 Key Innovators
13.4.1 LightwaveRF PLC
13.4.2 Rab Lighting Inc.
13.4.3 Synapse Wireless, Inc. (Mcwane, Inc.)
13.4.4 Panasonic Corporation
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 156)
14.1 Insights From Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details
List of Tables (69 Tables)
Table 1 Light Control Switches Market, By Product Type, 2017–2025 (USD Million)
Table 2 Switches Market, By Switch Type, 2017–2025 (USD Million)
Table 3 Electronic Switches Market, By Switch Type, 2017–2025 (USD Million)
Table 4 Dimmers Market, By Dimmer Type, 2017–2025 (USD Million)
Table 5 Market, By Solution Type, 2017–2025 (USD Million)
Table 6 Market, By Communication Technology, 2017–2025 (USD Million)
Table 7 Market for Wired Communication Technology, By Type, 2017–2025 (USD Million)
Table 8 Market for Wired Communication Technology, By Region, 2017–2025 (USD Million)
Table 9 Wireless Lighting Protocols
Table 10 Market for Wireless Communication Technology, By Type, 2017–2025 (USD Million)
Table 11 Market for Wireless Communication Technology, By Region, 2017–2025 (USD Million)
Table 12 Market, By End-Use Application, 017–2025 (USD Million)
Table 13 Light Control Switches Market, By Indoor End-Use Application, 2017–2025 (USD Million)
Table 14 Market for Indoor End-Use Application, By Region, 2017–2025 (USD Million)
Table 15 Market for Indoor End-Use Application in APAC, By Country, 2017–2025 (USD Million)
Table 16 Market for Indoor End-Use Application in Europe, By Country, 2017–2025 (USD Million)
Table 17 Market for Indoor End-Use Application in North America, By Country, 2017–2025 (USD Million)
Table 18 Market for Indoor End-Use Application in RoW, By Region, 2017–2025 (USD Million)
Table 19 Market for Residential Application, By Region, 2017–2025 (USD Million)
Table 20 Market for Commercial Application, By Region, 2017–2025 (USD Million)
Table 21 Market for Industrial Application, By Region, 2017–2025 (USD Million)
Table 22 Market for Other Applications, By Region, 2017–2025 (USD Million)
Table 23 Light Control Switches Market, By Outdoor End-Use Application, 2017–2025 (USD Million)
Table 24 Market for Outdoor End-Use Application, By Region, 2017–2025 (USD Million)
Table 25 Market for Outdoor End-Use Application in APAC, By Country, 2017–2025 (USD Million)
Table 26 Market for Outdoor End-Use Application in Europe, By Country, 2017–2025 (USD Million)
Table 27 Market for Outdoor End-Use Application in North America, By Country, 2017–2025 (USD Million)
Table 28 Market for Outdoor End-Use Application in RoW, By Region, 2017–2025 (USD Million)
Table 29 Market for Highways & Roadways Lighting Application, By Region, 2017–2025 (USD Million)
Table 30 Market for Architectural Lighting Application, By Region, 2017–2025 (USD Million)
Table 31 Market for Lighting for Public Places Application, By Region, 2017–2025 (USD Million)
Table 32 Light Sources Comparison
Table 33 Market, By Region, 2017–2025 (USD Million)
Table 34 Market in North America, By End-Use Application, 2017–2025 (USD Million)
Table 35 Market in North America, By Indoor End-Use Application, 2017–2025 (USD Million)
Table 36 Market in North America, By Outdoor End-Use Application, 2017–2025 (USD Million)
Table 37 Light Control Switches Market in North America, By Communication Technology, 2017–2025 (USD Million)
Table 38 Market in North America, By Country, 2017–2025 (USD Million)
Table 39 Market in US, By End-Use Application, 2017–2025 (USD Million)
Table 40 Market in Canada, By End-Use Application, 2017–2025 (USD Million)
Table 41 Market in Mexico, By End-Use Application, 2017–2025 (USD Million)
Table 42 Market in Europe, By End-Use Application, 2017–2025 (USD Million)
Table 43 Market in Europe, By Indoor End-Use Application, 2017–2025 (USD Million)
Table 44 Market in Europe, By Outdoor End-Use Application, 2017–2025 (USD Million)
Table 45 Market in Europe, By Communication Technology, 2017–2025 (USD Million)
Table 46 Market in Europe, By Country, 2017–2025 (USD Million)
Table 47 Market in UK, By End-Use Application, 2017–2025 (USD Million)
Table 48 Light Control Switches Market in Germany, By End-Use Application, 2017–2025 (USD Million)
Table 49 Market in France, By End-Use Application, 2017–2025 (USD Million)
Table 50 Market in Italy, By End-Use Application, 2017–2025 (USD Million)
Table 51 Market in Spain, By End-Use Application, 2017–2025 (USD Million)
Table 52 Market in Rest of Europe, By End-Use Application, 2017–2025 (USD Million)
Table 53 Market in APAC, By End-Use Application, 2017–2025 (USD Million)
Table 54 Market in APAC, By Indoor End-Use Application, 2017–2025 (USD Million)
Table 55 Market in APAC, By Outdoor End-Use Application, 2017–2025 (USD Million)
Table 56 Market in APAC, By Communication Technology, 2017–2025 (USD Million)
Table 57 Market in APAC, By Country, 2017–2025 (USD Million)
Table 58 Market in China, By End-Use Application, 2017–2025 (USD Million)
Table 59 Market in Japan, By End-Use Application, 2017–2025 (USD Million)
Table 60 Light Control Switches Market in India, By End-Use Application, 2017–2025 (USD Million)
Table 61 Market in South Korea, By End-Use Application, 2017–2025 (USD Million)
Table 62 Market in Rest of APAC, By End-Use Application, 2017–2025 (USD Million)
Table 63 Market in RoW, By End-Use Application, 2017–2025 (USD Million)
Table 64 Market in RoW, By Indoor End-Use Application, 2017–2025 (USD Million)
Table 65 Market in RoW, By Outdoor End-Use Application, 2017–2025 (USD Million)
Table 66 Market in RoW, By Communication Technology, 2017–2025 (USD Million)
Table 67 Market in RoW, By Region, 2017–2025 (USD Million)
Table 68 Market in Middle East & Africa, By End-Use Application, 2017–2025 (USD Million)
Table 69 Market in South America, By End-Use Application, 2017–2025 (USD Million)
List of Figures (55 Figures)
Figure 1 Light Control Switches Market: Market Segmentation
Figure 2 Market: Process Flow of Market Size Estimation
Figure 3 Market: Research Design
Figure 4 Bottom-Up Approach to Arrive at Market Size
Figure 5 Top-Down Approach to Arrive at Market Size
Figure 6 Data Triangulation
Figure 7 Assumptions of Research Study
Figure 8 Market for Wireless Communication Technology Expected to Grow at Higher CAGR During Forecast Period
Figure 9 Outdoor End-Use Application Expected to Grow at Higher CAGR in Market During Forecast Period
Figure 10 Dimmers to Exhibit High Growth in Market During Forecast Period
Figure 11 APAC to Grow at Highest CAGR in Market During Forecast Period
Figure 12 Market Expected to Exhibit High Growth Between 2020 and 2025
Figure 13 Wireless Communication Technology to Register Higher Growth Rate During Forecast Period
Figure 14 Indoor Application to Dominate Market During Forecast Period
Figure 15 Integrated Light Control Solutions to Exhibit Higher Growth in Market During Forecast Period
Figure 16 APAC Market to Exhibit Highest CAGR During Forecast Period
Figure 17 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Market: Value Chain Analysis
Figure 19 Market, By Product Type
Figure 20 Switches to Dominate Market During Forecast Period
Figure 21 Lighting Control System Market, By Solution Type
Figure 22 Integrated Light Control Solutions to Exhibit High Growth in Market During Forecast Period
Figure 23 Market, By Communication Technology
Figure 24 Wired Communication Technology to Dominate Market During Forecast Period
Figure 25 DALI Protocol to Hold Largest Size of Market for Wired Communication Technology During Forecast Period
Figure 26 ZigBee Protocol to Hold Largest Size of Market for Wireless Communication Technology During Forecast Period
Figure 27 Light Control Switches Market, By End-Use Application
Figure 28 Outdoor Application Expected to Grow at A Higher CAGR in Market During Forecast Period
Figure 29 Residential Application Held Largest Size of Market for Indoor End-Use Application in 2019
Figure 30 Highways & Roadways Lighting to Hold Largest Size of Market for Outdoor Application During Forecast Period
Figure 31 Light Control Switches Market, By Light Source
Figure 32 Market, By Region
Figure 33 Market, Geographic Snapshot
Figure 34 Snapshot: Market in North America
Figure 35 Market for Commercial End-Use Application in North America to Grow at Highest CAGR During Forecast Period
Figure 36 US to Account for Largest Share of Market in North America During Forecast Period
Figure 37 Snapshot: Market in Europe
Figure 38 Residential Indoor Application to Lead Market in Europe
Figure 39 Germany to Hold Largest Size of Market in Europe
Figure 40 Snapshot: Market in APAC
Figure 41 Commercial Indoor Application in APAC to Grow at Highest CAGR During Forecast Period
Figure 42 Market in China Expected to Grow at Highest CAGR During Forecast Period
Figure 43 Middle East & Africa Expected to Hold Larger Size of Market in RoW
Figure 44 Key Developments By Leading Players in Market From 2017 to 2020
Figure 45 Market Ranking of Top 5 Players in Market, 2019
Figure 46 Market (Global) Competitive Leadership Mapping, 2019
Figure 47 Signify: Company Snapshot
Figure 48 Legrand: Company Snapshot
Figure 49 Eaton Corporation PLC: Company Snapshot
Figure 50 OSRAM Licht AG: Company Snapshot
Figure 51 Hubbell Incorporated: Company Snapshot
Figure 52 Acuity Brands: Company Snapshot
Figure 53 Honeywell International Inc: Company Snapshot
Figure 54 Schneider Electric Se: Company Snapshot
Figure 55 Havells India Limited: Company Snapshot
The study involved four major activities for estimating the size of the light control switches market. Exhaustive secondary research has been done to collect information on the market, including its peer markets. These findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been employed to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, press releases, investor presentations, and financial statements); trade, business, and professional associations; white papers, lighting control system-based marketing-related journals, certified publications, and articles from recognized authors; gold and silver standard websites; directories; and databases. Secondary data has been collected and analyzed to arrive at the overall market size, which has further been validated through primary research. The secondary data has been collected and analyzed to arrive at the global market size, which has also been validated by primary research.
Primary Research
In the primary research process, various primary sources from the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants from various key companies and organizations operating in the light control switches market.
Primary research has also been conducted to identify segmentation types and key players, as well as analyze the competitive landscape, key market dynamics (drivers, restraints, opportunities, and challenges), and major growth strategies adopted by market players. During market engineering, both top-down and bottom-up approaches have been extensively used, along with several data triangulation methods, to estimate and forecast the market, including the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been performed during the complete market engineering process to list the key information/insights throughout the report. Primary data has been collected through questionnaires, e-mails, and telephonic interviews.
Market Size Estimation
In the market engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the overall market and other dependent submarkets listed in this report. Extensive qualitative and quantitative analyses have been performed during market engineering to list key information/insights.
Major players in the market have been identified through secondary research, and their market ranking has been determined through primary and secondary research. This involved studying the annual and financial reports of top market players and interviews with industry experts (such as CEOs, vice presidents, directors, and marketing executives) for key insights—both quantitative and qualitative.
All percentage shares split, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Data Triangulation
After arriving at the overall market size through the process explained above, the total market has been split into several segments. To complete the whole market engineering process and arrive at the exact statistics for all the segments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives
- To describe and forecast the size of the light control switches market, in terms of value, by product type, end-use application, communication protocol, switch solutions, by light source and geography
- To provide market statistics with detailed classifications, along with the respective market sizes for a few of the segments
- To analyze the opportunities in market for stakeholders and detailing the competitive landscape for the market leaders
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the total market
- To forecast the market size for various segments with respect to the following regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information on the major factors influencing the growth of market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically profile the key players and comprehensively analyze their market rankings and core competencies
- To analyze competitive developments such as contracts, joint ventures, mergers and acquisitions, product developments, and research and development (R&D) in market
- To benchmark players within the market using competitive leadership mapping, which analyzes market players on various parameters within the broad categories of business and product strategy
- To map the competitive intelligence based on company profiles, key player strategies, and game-changing developments such as contracts, product launches, collaborations, and acquisitions
Available Customization
With the given market data, MarketsandMarkets offers customizations according to companies’ specific needs. The following customization options are available for the report.
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Light Control Switches Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Light Control Switches Market