Asia Pacific Light Control Switches Market Size, Share & Industry Trends Analysis Report By Solution Type, By Light Source, By Communication Technology, By Product Type, By Application, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Light Control Switches Market would witness market growth of 5.0% CAGR during the forecast period (2021-2027).
Light control switches are commonly being utilized across the smart appliances industry. Lighting and control solutions for practically any application are available in the market from a variety of suppliers. The ability to operate table lamps, light switches, small appliances, as well as other devices via smartphones or tablets has resulted in a major increase in the use of light control switches in smart homes in recent years. As a result of these factors, the demand for light control switches in the home and building automation applications is increasing, which is likely to drive the worldwide light control switches market throughout the forecast period.
Mesh communication protocols are rapidly emerging as a better alternative, especially for low-power applications, to assist connect IoT devices like smart lighting solutions and lighting controls. Similarly, wireless communication has aided the rise in the popularity of technologies such as ZigBee in recent years. ZigBee is an asynchronous protocol, which means that a node can send data at any moment.
The rise in the utilization of light control switches in the region can be linked to the significant infrastructure development activities taking place in APAC, particularly in China and India, where smart lighting is paving the way for infrastructure modernization. The need for smart street lights is being driven by the modernization and development of infrastructure such as smart cities across the region, as well as government regulations to support energy-efficient lighting.
The China market dominated the Asia Pacific Light Control Switches Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $931.9 million by 2027. The Japan market is anticipated to grow a CAGR of 4.4% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 5.6% during (2021 - 2027).
Based on Solution Type, the market is segmented into Standalone Light Control Solutions and Integrated Light Control Solutions. Based on Light Source, the market is segmented into Light Emitting Diode, Compact Fluorescent Lamp (CFL), Fluorescent, Incandescent, and High-intensity Discharge. Based on Communication Technology, the market is segmented into Wired and Wireless. Based on Product Type, the market is segmented into Switches and Dimmer. Based on Application, the market is segmented into Lighting for Public Places, Residential, Highways & Roadways Lighting, Commercial, Industrial, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ideal Industries, Inc., Signify N.V., Acuity Brands Lighting, Inc., Lutron Electronics Co., Inc., Panasonic Corporation, Eaton Corporation PLC, General Electric (GE) Co., Honeywell International, Inc., Schneider Electric SE, and Legrand S.A.
Scope of the Study
Market Segments Covered in the Report:
By Solution Type
- Standalone Light Control Solutions
- Integrated Light Control Solutions
By Light Source
- Light Emitting Diode
- Compact Fluorescent Lamp (CFL)
- High-intensity Discharge
By Communication Technology
By Product Type
- Lighting for Public Places
- Highways & Roadways Lighting
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ideal Industries, Inc.
- Signify N.V.
- Acuity Brands Lighting, Inc.
- Lutron Electronics Co., Inc.
- Panasonic Corporation
- Eaton Corporation PLC
- General Electric (GE) Co.
- Honeywell International, Inc.
- Schneider Electric SE
- Legrand S.A.
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