The North America Dimmer and Color Tunable Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
Temperature or color tunable lighting is accomplished by creating the PCB or strip light with LEDs of various color temperatures. Users can select their preferred shade of white from those offered by the manufacturer through a remote control or an external control system like DMX. The color temperature of light is called CCT (correlated color temperature). The white light will appear different to humans depending on the temperature rating.
White LEDs typically range in color temperature from 1800K to 7000K in the LED sector. Warm white light with a 3000 K rating has a strong orange or yellow appearance. Additionally, most conventional incandescent and halogen lighting sources have a rating of 3000K. In the professional lighting industry, changes in intensity, known as fades, can either fade up or down. Since semiconductors are more efficient than variable resistors, they are used to make modern dimmers.
Due to their fast transition between a high resistance "off" state and a low resistance "on" state, solid-state or semiconductor dimmers use very little power compared to the controlled load. Software-programmable internal dimmers have been able to dim using signals from the same switch that switches on and off the lights. Dimmer commands are sent across the power line using a straightforward communication protocol. Additionally, their price is roughly the same when replacing previous "dimmability" circuitry in LED bulbs, fixtures, or drivers.
In this region, the demand for a variety of lights and light control switches will rise in the coming years. This is mainly because customers in developed countries like the United States and Canada spend more money on making their households more aesthetically pleasing and comfortable. The widespread use of LED lighting has a major potential impact on energy savings in the US. Businesses, public buildings, retail locations, and government-sponsored sectors are making progress in adopting LED solutions globally to reduce energy consumption and increase energy usage effectiveness. Significant investments in expanding the real estate infrastructure in cities like Toronto and Vancouver are also increasing the demand for lighting solutions like dimmers and color tunable. All these factors are propelling the growth of the regional market.
The US market dominated the North America Dimmer and Color Tunable Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,957.7 Million by 2028. The Canada market is poised to grow at a CAGR of 9.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.5% during (2022 - 2028).
Based on Application, the market is segmented into Industrial, Commercial and Residential. Based on Product, the market is segmented into Dimmer and Color Tunable. Based on Type, the market is segmented into Light-emitting Diode (LED's), High Intensity Discharge (HID), Incandescent & Halogen and Fluorescent. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Dimmer and Color Tunable Market is Estimated to reach $19.2 Billion by 2028, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Acuity Brands Lighting, Inc., Cree, Inc., Eaton Corporation PLC, Hubbell Incorporated, Koninklijke Philips N.V., Legrand S.A. (Legrand Group), OSRAM GmbH, Lutron Electronics Co., Inc., and Lite Puter Enterprise Co., Ltd.
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