Global Switch Dimmer Market Overview:
A dimmer switch is an electrical switch which is used to vary the brightness of compatible dimmable bulbs, allowing a desired level of illumination to be achieved often with the purpose of creating mood lighting. Further, this can also help to extend the life of the bulbs they are operating, which are run at lower power when the dimmer is set at a lesser ambience. Rise in construction and development activities fuel the demand for dimmer switch. Also, the increasing consumer demand for energy-saving lighting systems, convergence of IoT and lighting are the factors fueling the market growth. Some of the key players profiled in the study are Lite-Puter Enterprise (Taiwan), Leprecon (United States), ETC Lighting (United States), Schneider Electric (France), Eaton (Ireland), GE (United States), Insteon (United States), Lutron Electronics (United States), AmerTac (United States) and Legrand (France).
On the basis of geography, the market of Switch Dimmer 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). Asia Pacific region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Switch Dimmer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Consumer Demand for Energy-Saving Lighting Systems
- Increasing Demand for Energy-Efficient Lighting Systems in Workplaces
- High Urbanization and Changing Life Style in Urban Areas Worldwide
- Development of Advanced Dimmer Switches
- Recent Technological Developments of Dimmer Switch
- Lack of Standardised Regulatory Frameworks for the Energy Sector
- Economic Development in Emerging Countries Such As India, China and Japan
- Development of Wireless Technologies
- Reducing the Power Consumption by Dimmers
Major Market Developments:
On 15 Nov 2018, Legrand announce the acquisition of Netatmo, a French leading smart home company. Legrand strengthens its presence in the internet of things and takes another significant step forward in deploying its Eliot program for connected solutions.
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, new product launches and collaborations as their preferred strategies.
Manufacturers of Switch Dimmer, Suppliers of Switch Dimmer Parts, Wholesalers, Distributors and Retailers of Switch Dimmer, Healthcare Industry, Retail Industry and Hospitality Sector
Major Objectives Focused through this Study
To define, describe, and forecast the Global Switch Dimmer market on the basis of product [Single-Pole Dimmers, Multi-Way Dimmers, Multi-Location Dimmers and Plug-In Dimmers] , application [Entertainment Application, Commercial Building, Household Application, Industrial Application and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Switch Dimmer market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Switch Dimmer industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Leviton (United States) and C&K Switches (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Switch Dimmer market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.