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Light Control Switches Market Trends

  • Report ID: GMI9174
  • Published Date: Apr 2024
  • Report Format: PDF

Light Control Switches Market Trends

The rising integration of light control switches with IoT and smart home platforms, ecosystems, and devices is driving their growth. With enhanced features, functionalities, capabilities, and connectivity options, these switches offer consumers lighting control experiences and environments customizable through smartphones, tablets, voice assistants, and other smart home devices and interfaces. For instance, in August 2021, Hubbell Control Solutions released a new & improved NX Distributed Intelligence Lighting Control Panel (NXP2 Series) that centralizes connection points in an enclosure providing an installer-friendly solution that reduces time and costs to deploy code-compliant lighting control. It offers several deployment strategies including operating as a standalone panel, multiple panels configured together, or as an NX networked device that is a part of a larger NX system. It is available in multiple size configurations with matching relay capacities.

The growing urbanization and the development of smart cities are driving the demand for light control switches that support and enhance the implementation, integration, and management of smart lighting systems, IoT-based solutions, and interconnected lighting ecosystems in urban, residential, commercial, and outdoor environments. Increasing smart city initiatives, projects, and programs are promoting the development and deployment of intelligent & connected lighting infrastructures, environments, and ecosystems that enhance energy efficiency, optimize lighting performance, and improve lighting control and management in urban areas.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for light control switches was valued at USD 7.8 billion in 2023 and is anticipated to grow at over 9% CAGR between 2024 and 2032, driven by the increasing demand for energy-efficient lighting solutions.

The switches segment dominated the market share with 60% in 2023, owing to the growing demand for customizable and personalized lighting experiences, atmospheres, and environments among consumers.

The market in Asia Pacific is witnessing remarkable growth, with a 10% CAGR from 2024 to 2032, attributed to rapid urbanization, increasing construction activities, the expanding real estate sector, and the growing demand for advanced & intelligent lighting control solutions.

Legrand, Schneider Electric, Lutron Electronics Co., Inc., Signify Holding, OSRAM, Panasonic Corporation and Hubbell

Light Control Switches Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 368
  • Countries covered: 21
  • Pages: 220
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