Light Control Switches Market Forecast Size will Observe Substantial Growth by 2028

The light control switches market is projected to reach US$ 12,696.07 million by 2028 from US$ 7,997.68 million in 2021; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.


nisha awate

a year ago | 3 min read

The market is anticipated to reach US$ 12,696.1 million by 2028, showing a CAGR of 6.8% from 2021 to 2028, according to a recent research report named "Light Control Switches Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners.

The operation of electrical lights, outlets, or other permanently mounted lighting-related devices is controlled by a light control switch. There are numerous varieties of light switches on the market with a variety of intended uses. Various switch kinds, including push-button light switches, proximity switches, and dimmer light switches, are employed depending on the lighting. New devices are also being introduced to the market for light control switches, including wireless and integrated light switch solutions for use in smart homes and commercial buildings.

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Based on geography, the APAC region held the greatest market share for light control switches globally in 2020 and is anticipated to experience the highest CAGR growth during the projected period. The need for lighting control switches has grown over time as a result of the increased investment in infrastructure projects in the region's residential, commercial, and industrial segments. The increase in newer and redevelopment construction projects has an indirect impact on the demand for lighting solutions and light control switches because lighting systems are one of the key components of any infrastructural development. Additionally, the region has seen a considerable increase in the usage of IoT-connected lighting systems over the years, which has had an impact on the adoption of smart switches. The market for light control switches is expanding as a result of these causes.

The COVID-19 epidemic has hampered many businesses, including manufacturing and construction. As a result of declining consumer purchases of goods and services in 2020, manufacturing businesses in Europe suffered losses. Due to the epidemic, the market for light switch controls in Europe experienced a dip in growth in 2020. Lockdowns were imposed, which shut down a number of enterprises and industrial processes. As a result, there was a decrease in the demand for standalone switch solutions and integrated switch solutions among end users in the commercial, residential, public utility, and industrial sectors.

Light control switches are widely used in the business sector to provide individualised illumination, touchless controls, and to support strict hygiene procedures. The market for lighting control switches is expanding as a result of improvements in lighting control switches designed for commercial applications and rising demand from sectors like healthcare for efficient lighting control switches. Switches for lighting control are used in hospitals to regulate the illumination in all of the patient rooms. Hospitals actively employ light dimmer switches with LED lamps or pulse-width modulation (PWM) controllers with LED lights to change the lighting density across patient wards and operating rooms. The hospitals control the lights in this circuit in three distinct ways—maximum brightness, medium light, and low light—using standard ON/OFF switches.

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Some of the major companies in the global market for light control switches include Panasonic Corporation, Eaton, Savant Systems Inc., ACUITY BRANDS, INC., and Leviton Manufacturing Co., Inc. The list of key players is created by taking into account a variety of variables, including overall revenue, the current product portfolio for light control switches, geographic reach, the introduction of new products, market initiatives, and investments in partnerships, joint ventures, and other market-related activities. Other significant players working in the ecosystems of light control switches, including Honeywell International Inc., LEGRAND SA, Lutron Electronics Co., Inc., OSRAM GmbH, Schneider Electric SE, and Helvar, were also studied and analysed as part of this market research study. APAC and Europe saw the majority of market initiatives.

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nisha awate







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