Global Dimmers Market Research Report: by Type (Universal, Incandescent/Halogen, Electronic Low Voltage (ELV), Magnetic Low Voltage (MLV), High Wattage Dimmers, Others), by Control (Single Pole Dimming, Three-Way Dimming, Others), by Product (Slide, Rotary, Toggle, Touch, Tabletop, Others), by Connectivity (Wired Dimmers, Wireless Dimmers), by Application (Residential, Commercial, Industrial), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) — Forecast till 2025
The global dimmers market was valued at USD 10.55 billion in 2018; it is expected to reach USD 29.81 billion by the end of the forecast period at a CAGR of 16.6%. Dimmers are used to reduce the illumination of light by dropping the intensity of the light output. Dimmers range from small unit size light switches to high-power units of constructive lighting installations. Dimmers are envisioned to switch light production from resistive incandescent, halogen, and CFLs, and LEDs. Dimmers are a part of lighting control systems, which is an intelligent network-based lighting control solution that enables centralized control of lights which communicates between system input and output with use of one or more central computing devices.
The dimmers market has seen tremendous growth in the unit shipments from the past couple of years. The major factor contributing to the growth of dimmers market include potential growth of intelligent lighting systems for sustainability and well-being and government initiatives for smart city and smart homes in European countries.
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Moreover, increase in demand for energy-efficient lighting, increased cost savings, growth of the Internet of Things (IoT) technology to design smart, sustainable, and connected lighting systems has led to the growing adoption of dimmers and controllers among various end-users. Furthermore, the pressing needs of the commercial space owners to remain updated with the latest lighting technology is effectively met by lighting controls. However, lack of awareness regarding the dimmers among the potential end-users restrains the market growth.
Segmentation
The global dimmers market has been segmented based on type, control, product, connectivity, application, and region.
By type, the dimmers market has been segmented into universal, incandescent/halogen, electronic low voltage (ELV), magnetic low voltage (MLV), high wattage dimmers, and others.
By control, the dimmers market has been segmented into single-pole dimming, three-way dimming, and others.
By product, the dimmers market has been segmented into slide, rotary, toggle, touch, tabletop, and others.
By connectivity, the dimmers market has been segmented into wired dimmers and wireless dimmers
By application, the dimmers market has been segmented into residential, commercial, and industrial
By region, the dimmers market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Key Players
The key players in the dimmers market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are Acuity Brands Inc (US), Hubbell Control Solutions (US), Signify (Philips Lighting) (Netherlands), Lutron Electronics Inc (US), Leviton Manufacturing Company Inc (US), OSRAM Licht AG (Germany), Cooper Controls (Eaton) (Ireland), ABB Limited (Sweden), Cree Inc (US), GE Lighting (US), LSI Industries Inc (US), Echelon Corporation (US), Caribe Corporation (US), and Gardasoft Vision Ltd (UK). These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 35–40% in the dimmers market.
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Market HighlightsMarket Research Future (MRFR) expects the Dimmers Market 2020 to touch a striking valuation of USD 29.81 Billion by 2027-end.
We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.COVID-19 Impact AnalysisThe worldwide lockdown on account of the COVID-19 outbreak has led to an economic crisis that has derailed almost every industry.
Post the SARS-CoV-2 outbreak, companies were faced with tough decisions, in terms of finance and cost-cutting measures to ensure uninterrupted flow of operations.The lockdown situation was the short term impact that the novel coronavirus has left on the manufacturing industry worldwide, resulting in plummeting demand from semiconductor consumers.
The COVID-19 outbreak and the resultant lockdown has led to shutting down of operations, along with e-commerce and retail stores, which has made the supply chains fragile and has created a larger gap between demand and supply.
Further, the electronic components’ supply has taken a hit owing to the shutdown in China.Considering the long-term impact of COVID-19, governments are striving to handle the situation by implementing favorable initiatives as well as policies such as financial packages, lower interest rate as well as exceptions in tax.
Even as the world is struggling to find a COVID-19 breakthrough, the dimmers market can recover to some extent during the review period, given the mounting demand across the healthcare sector and other industries.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8334Growth Inducers and Top DeterrentsAlthough the COVID-19 impact has been brutal on the intelligent lighting industry, the demand among consumers for energy-saving lighting systems has risen significantly, leading to better growth prospects for dimmers.
The growth sectors of the Dimmers Market are identified with precision for a better growth perspective.According to Market Research Future, the global dimmers market has been segmented based on type, control, product, connectivity, application, and region.The developing wireless communications and IoT technologies are offering new opportunities in dimmers market.
Integrating wireless technology with lighting facilitates communication with fixtures, sensors, and switches.
Development in wireless standards such as Bluetooth, Wi-Fi or IEEE 802.11, 3G/4G cellular, Ultra-Wide Band, Zigbee, Sigfox, and Li-Fi has offered seamless and secure connectivity to various applications.By type, the dimmers market has been segmented into universal, incandescent/halogen, electronic low voltage (ELV), magnetic low voltage (MLV), high wattage dimmers, and others.
Among these type of dimmers, high wattage dimmers segment dominated the market in 2018.
However, electronic low voltage (ELV) segment is expected to show the highest CAGR during the forecast period.By control, the dimmers market has been segmented into single-pole dimming, three-way dimming, and others.
By product, the dimmers market has been segmented into slide, rotary, toggle, touch, tabletop, and others.
Dimmers Market Dimmers are an intelligent lighting control solutions that enable centralized control of lights.
Furthermore, wireless technologies along with IoT present an opportunity to integrate LED lighting into computer-based systems to receive, collect, and transmit data.
Ubiquitous wireless coverage offered by Wi-Fi, 3G/4G, and LoRa (Long Range) offer simplified control and management of dimming as compared to a wired circuit.FREE PDF@ https://www.marketresearchfuture.com/sample_request/8334Key PlayersThe key players in the dimmers market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise.
Some of them are Acuity Brands Inc (US), Hubbell Control Solutions (US), Signify (Philips Lighting) (Netherlands), Lutron Electronics Inc. (US), Leviton Manufacturing Company Inc. (US), OSRAM Licht AG (Germany), Cooper Controls (Eaton) (Ireland), ABB Limited (Sweden), Cree Inc. (US), GE Lighting (US), LSI Industries Inc. (US), Echelon Corporation (US), Caribe Corporation (US), and Gardasoft Vision Ltd (UK).
Apart from the top key players, the other players contribute nearly 35–40% in the dimmers market.Regional AnalysisThe dimmers market has been categorized into four regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Infrastructure acts as a catalyst for the development and adoption of dimming solutions.
