Showing posts with label Global Switch Dimmer Industry: Ken Research. Show all posts
Showing posts with label Global Switch Dimmer Industry: Ken Research. Show all posts

Tuesday, December 24, 2019

Increase in Demand for Energy-Saving Lighting Systems Anticipated to Drive Global Switch Dimmer Market over the Forecast Period: Ken Research

Switch dimmers is a device connected to a light fixture. It adjusts brightness of the light from near dark to fully light levels through sliding a lever or turning a knob. It is connected in series within headlamp circuit and controls the current path for low and high beams. It is extremely small and easily fit into a regulation box designed for the normal electrical switches. It is used for changing headlamps from high beam to low beam. It is directly operated by human, as a control of the power flow in a circuit. It could make a room more comfortable to be in and can contribute to the favored ambiance for a party, gathering or event. It can be operated by numerous means, for instance temperature, flow & voltage, pressure, current, and by sensors, for automatic control of the system. It is useful in many different areas and rooms such as bedroom, bathroom, hallways, kitchen, porch lights etc. Switch dimmers are classified as slide dimmers, touch dimmers, integrated dimmers and rotary dimmers.
The key benefits are save energy because of reduced wattage, effective mood lighting, flexibility for the use of lighting in each room, ensures the longevity of lighting sources, controlling the lighting system, easy installation, and save money.
According to study, “Global Switch Dimmer Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global switch dimmer market are Legrand, Philips, Honeywell, Schneider Electric, Lutron Electronics, Osram, Leviton, Panasonic, ABB, Acuity Brands Lighting, Eaton, Lite-Puter Enterprise, Hubbell, Simon, GE. The key manufacturers are developing advanced electrical switches that are more energy-efficient and entail lesser maintenance.
Based on type, switch dimmer market is segmented into single-pole dimmers, multi-way dimmers, multi-location dimmers and plug-in dimmers. Based on product type, market is segmented into rheostat, solid-state dimmers, coil-rotation transformer and others. In addition, based on application, market is segmented into entertainment application, household application, commercial building, industrial application and others.
The switch dimmer market is driven by increase in consumer demand for energy-saving lighting systems, followed by rise in acceptance of standard protocols for lighting products, increase in urbanization coupled with growth in development of advanced modular electrical switches. However, rise in availability of lower quality & inexpensive products offered by local manufacturers and volatility in raw material prices may impact the market. Moreover, growth in demand for esthetically appealing switches dimmers in new & infrastructures under renovation is a key opportunity for market.
Based on geography, the European region holds major share, followed by North-American region in switch dimmer market owing to expansion of the construction sector and implementation of government regulations & norms to minimize mishaps, due to lack of maintenance of electronic products in the region. The Asian-Pacific region is estimated to witness higher growth rate on account of easy availability of electrical switches at affordable prices and rise in adoption in various applications such as commercial and residential buildings, hospitality, and industries over the forecast period. It is estimated that future of the market will be bright as a result of convergence of lighting with Internet of Things (IoT) during the forecast period. The worldwide market is estimated to grow at a CAGR of approximately 5.1% over the next five years, will reach US $1560 million in 2024, from US $1160 million in 2019.
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