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.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Industrial
- Commercial
- Residential
By Product
By Type
- Light-emitting Diode (LED's)
- High Intensity Discharge (HID)
- Incandescent & Halogen
- Fluorescent
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Lite Puter Enterprise Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Dimmer and Color Tunable Market, by Application
1.4.2 North America Dimmer and Color Tunable Market, by Product
1.4.3 North America Dimmer and Color Tunable Market, by Type
1.4.4 North America Dimmer and Color Tunable Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Dimmer and Color Tunable Market by Application
3.1 North America Industrial Market by Country
3.2 North America Commercial Market by Country
3.3 North America Residential Market by Country
Chapter 4. North America Dimmer and Color Tunable Market by Product
4.1 North America Dimmer Market by Country
4.2 North America Color Tunable Market by Country
Chapter 5. North America Dimmer and Color Tunable Market by Type
5.1 North America Light-emitting Diode (LED's) Market by Country
5.2 North America High Intensity Discharge (HID) Market by Country
5.3 North America Incandescent & Halogen Market by Country
5.4 North America Fluorescent Market by Country
Chapter 6. North America Dimmer and Color Tunable Market by Country
6.1 US Dimmer and Color Tunable Market
6.1.1 US Dimmer and Color Tunable Market by Application
6.1.2 US Dimmer and Color Tunable Market by Product
6.1.3 US Dimmer and Color Tunable Market by Type
6.2 Canada Dimmer and Color Tunable Market
6.2.1 Canada Dimmer and Color Tunable Market by Application
6.2.2 Canada Dimmer and Color Tunable Market by Product
6.2.3 Canada Dimmer and Color Tunable Market by Type
6.3 Mexico Dimmer and Color Tunable Market
6.3.1 Mexico Dimmer and Color Tunable Market by Application
6.3.2 Mexico Dimmer and Color Tunable Market by Product
6.3.3 Mexico Dimmer and Color Tunable Market by Type
6.4 Rest of North America Dimmer and Color Tunable Market
6.4.1 Rest of North America Dimmer and Color Tunable Market by Application
6.4.2 Rest of North America Dimmer and Color Tunable Market by Product
6.4.3 Rest of North America Dimmer and Color Tunable Market by Type
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Acuity Brands Lighting, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional and Segmental Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.3 Cree, Inc. (SMART Global Holdings, Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Eaton Corporation PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.5 Hubbell Incorporated
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Koninklijke Philips N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Legrand S.A. (Legrand Group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.8 OSRAM GmbH (AMS AG)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 Lutron Electronics Co., Inc.
7.9.1 Company Overview
7.10. Lite Puter Enterprise Co., Ltd.
7.10.1 Company Overview
TABLE 1 North America Dimmer and Color Tunable Market, 2018 - 2021, USD Million
TABLE 2 North America Dimmer and Color Tunable Market, 2022 - 2028, USD Million
TABLE 3 North America Dimmer and Color Tunable Market by Application, 2018 - 2021, USD Million
TABLE 4 North America Dimmer and Color Tunable Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Dimmer and Color Tunable Market by Product, 2018 - 2021, USD Million
TABLE 12 North America Dimmer and Color Tunable Market by Product, 2022 - 2028, USD Million
TABLE 13 North America Dimmer Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Dimmer Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Color Tunable Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Color Tunable Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Dimmer and Color Tunable Market by Type, 2018 - 2021, USD Million
TABLE 18 North America Dimmer and Color Tunable Market by Type, 2022 - 2028, USD Million
TABLE 19 North America Light-emitting Diode (LED's) Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Light-emitting Diode (LED's) Market by Country, 2022 - 2028, USD Million
TABLE 21 North America High Intensity Discharge (HID) Market by Country, 2018 - 2021, USD Million
TABLE 22 North America High Intensity Discharge (HID) Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Incandescent & Halogen Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Incandescent & Halogen Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Fluorescent Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Fluorescent Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Dimmer and Color Tunable Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Dimmer and Color Tunable Market by Country, 2022 - 2028, USD Million
TABLE 29 US Dimmer and Color Tunable Market, 2018 - 2021, USD Million
TABLE 30 US Dimmer and Color Tunable Market, 2022 - 2028, USD Million
TABLE 31 US Dimmer and Color Tunable Market by Application, 2018 - 2021, USD Million
TABLE 32 US Dimmer and Color Tunable Market by Application, 2022 - 2028, USD Million
TABLE 33 US Dimmer and Color Tunable Market by Product, 2018 - 2021, USD Million
TABLE 34 US Dimmer and Color Tunable Market by Product, 2022 - 2028, USD Million
TABLE 35 US Dimmer and Color Tunable Market by Type, 2018 - 2021, USD Million
TABLE 36 US Dimmer and Color Tunable Market by Type, 2022 - 2028, USD Million
TABLE 37 Canada Dimmer and Color Tunable Market, 2018 - 2021, USD Million
TABLE 38 Canada Dimmer and Color Tunable Market, 2022 - 2028, USD Million
TABLE 39 Canada Dimmer and Color Tunable Market by Application, 2018 - 2021, USD Million
TABLE 40 Canada Dimmer and Color Tunable Market by Application, 2022 - 2028, USD Million
TABLE 41 Canada Dimmer and Color Tunable Market by Product, 2018 - 2021, USD Million
TABLE 42 Canada Dimmer and Color Tunable Market by Product, 2022 - 2028, USD Million
TABLE 43 Canada Dimmer and Color Tunable Market by Type, 2018 - 2021, USD Million
TABLE 44 Canada Dimmer and Color Tunable Market by Type, 2022 - 2028, USD Million
TABLE 45 Mexico Dimmer and Color Tunable Market, 2018 - 2021, USD Million
TABLE 46 Mexico Dimmer and Color Tunable Market, 2022 - 2028, USD Million
TABLE 47 Mexico Dimmer and Color Tunable Market by Application, 2018 - 2021, USD Million
TABLE 48 Mexico Dimmer and Color Tunable Market by Application, 2022 - 2028, USD Million
TABLE 49 Mexico Dimmer and Color Tunable Market by Product, 2018 - 2021, USD Million
TABLE 50 Mexico Dimmer and Color Tunable Market by Product, 2022 - 2028, USD Million
TABLE 51 Mexico Dimmer and Color Tunable Market by Type, 2018 - 2021, USD Million
TABLE 52 Mexico Dimmer and Color Tunable Market by Type, 2022 - 2028, USD Million
TABLE 53 Rest of North America Dimmer and Color Tunable Market, 2018 - 2021, USD Million
TABLE 54 Rest of North America Dimmer and Color Tunable Market, 2022 - 2028, USD Million
TABLE 55 Rest of North America Dimmer and Color Tunable Market by Application, 2018 - 2021, USD Million
TABLE 56 Rest of North America Dimmer and Color Tunable Market by Application, 2022 - 2028, USD Million
TABLE 57 Rest of North America Dimmer and Color Tunable Market by Product, 2018 - 2021, USD Million
TABLE 58 Rest of North America Dimmer and Color Tunable Market by Product, 2022 - 2028, USD Million
TABLE 59 Rest of North America Dimmer and Color Tunable Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of North America Dimmer and Color Tunable Market by Type, 2022 - 2028, USD Million
TABLE 61 Key Information – Honeywell International, Inc.
TABLE 62 Key Information – Acuity Brands Lighting, Inc.
TABLE 63 Key Information –Cree, Inc.
TABLE 64 key information – Eaton Corporation PLC
TABLE 65 Key Information – Hubbell Incorporated
TABLE 66 Key Information – Koninklijke Philips N.V.
TABLE 67 key Information – Legrand S.A.
TABLE 68 Key Information – OSRAM GmbH
TABLE 69 Key information- Lutron Electronics Co., Inc.
TABLE 70 Key Information – Lite Puter Enterprise Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Honeywell international, inc.