Light Control Switches Market - Global Forecasts to 2022

The light control switches market for lighting is expected to reach USD 6.25 billion (in terms of value) and 2.85 billion units (in terms of volume) by 2022, at a CAGR of 7.9% and 8.8%, respectively, between 2016 and 2022. The penetration of advanced lighting control in outdoor and commercial lighting owing to the increased focus on energy-efficient lighting is the major driver for growth of the market.
“Commercial end users to be the leading segment in terms of value of the light control switches market during the forecast period”
Commercial end users such as offices, retail outlets, hotels, and restaurants are expected to be the major adopters of advanced lighting controls as they have to reduce energy wastage. As commercial end users adopt high-value sensor-based and timer-based switches for lighting control, they are expected to become the leading end users in terms of value during the forecast period.
“Asia-Pacific expected to hold the largest market share during the forecast period”
The market in Asia-Pacific is expected to grow at a high rate in the overall market till 2022. The combination of multiple factors make Asia-Pacific the most dynamic region in the light control switches market. Asia-Pacific has some of the fastest-growing emerging economies, namely, India and China; it also has technologically and economically advanced economies such as Japan and South Korea. Furthermore, there are many countries within Asia-Pacific which are witnessing rapid urbanization; hence, the overall growth and demand for infrastructure is higher in APAC compared to Europe and North America. Countries in the Asia-Pacific region have started bringing in regulations to increase the usage of lighting controls, which is majorly driving the growth of the market for light control switches.
In the process of determining and verifying the market size for several segments and subsegments of the light control switches market gathered through the secondary research, extensive primary interviews have been conducted with key people. The breakup of the profiles of primary participants is shown below:
‧ By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
‧ By Designation: C-Level – 35%, Director Level – 25%, and Others – 40%
‧ By Region: North America – 30%, Europe – 20%, APAC – 45%, and RoW – 5%
The geographic segmentation in the report covers the four major regions of the world, namely, North America, Europe, APAC, and RoW. The report also profiles major players in the light control switches market for lighting. Some of the major players in this market are Osram GmbH (Germany), Legrand (France), Schneider Electric (France), Honeywell International (U.S.), Acuity Brands (U.S.), Philips N.V. (Netherlands), Cooper Industries (U.S.), Hubbell Lighting (U.S.), Leviton (U.S.), and Lutron (U.S.)

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This report caters to the needs of leading companies, industries, component manufacturers, and other related stakeholders in this market. Other parties that could benefit from the report include government bodies, environmental agencies, consulting firms, business development executives, C-level employees, and VPs. Our report would help analyze new opportunities and potential revenue sources and enhance the decision-making process for new business strategies. The quantitative and qualitative information in the report, along with our comprehensive analysis, would help a player to gain a competitive edge in the market.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 GEOGRAPHIC SCOPE 16
1.3.3 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 PACKAGE SIZE 18
1.6 LIMITATIONS 18
1.7 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 22
2.2 MARKET SIZE ESTIMATION 22
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE OPPORTUNITIES IN THE GLOBAL LIGHT SWITCHES & DIMMERS MARKET 31
4.2 LIGHT SWITCHES & DIMMERS MARKET, BY PRODUCT TYPE 31
4.3 LIGHT SWITCHES & DIMMERS MARKET, BY END USER 32
4.4 LIGHT SWITCHES & DIMMERS MARKET, BY LIGHT SOURCE 32
4.5 LIGHT SWITCHES & DIMMERS MARKET, BY GEOGRAPHY 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET SEGMENTATION 35
5.2.1 BY PRODUCT TYPE 35
5.2.2 BY END USER 35
5.2.3 BY LIGHT SOURCE 35
5.2.4 BY GEOGRAPHY 36
5.3 MARKET DYNAMICS 37
5.3.1 DRIVERS 38
5.3.1.1 Consumer demand for energy-saving lighting systems 38
5.3.1.2 Convergence of IoT and lighting 38
5.3.1.3 Acceptance of standard protocols for lighting control 39
5.3.1.4 Favorable government initiatives 39
5.3.2 RESTRAINTS 40
5.3.2.1 Lack of robust networking infrastructure and Internet connectivity in developing economies 40
5.3.2.2 Lack of standardized regulatory frameworks for the energy sector 40
5.3.3 OPPORTUNITY 40
5.3.3.1 Development of wireless technologies 40
5.3.4 CHALLENGE 41
5.3.4.1 Reducing the power consumption by digital dimmers 41
5.3.5 BURNING ISSUES 41
5.3.5.1 Cybersecurity 41
6 INDUSTRY TRENDS 42
6.1 INTRODUCTION 42
6.2 VALUE CHAIN ANALYSIS 42
6.2.1 RESEARCH AND DEVELOPMENT 43
6.2.2 COMPONENT MANUFACTURERS 43
6.2.3 KEY DISTRIBUTORS 43
6.2.4 END USERS 43
6.3 KEY INDUSTRY TRENDS 43
6.4 PORTER’S FIVE FORCES 44
6.4.1 BARGAINING POWER OF SUPPLIERS 45
6.4.2 BARGAINING POWER OF BUYERS 46
6.4.3 THREAT OF NEW ENTRANTS 47
6.4.4 THREAT OF SUBSTITUTES 48
6.4.5 COMPETITIVE RIVALRY 49
7 LIGHT SWITCHES AND DIMMERS MARKET, BY PRODUCT TYPE 50
7.1 INTRODUCTION 51
7.2 SWITCHES 52
7.2.1 MANUAL ON/OFF SWITCHES 53
7.2.1.1 Toggle switches 53
7.2.1.2 Rocker switches 53
7.2.1.3 Illuminated switches 54
7.2.2 ELECTRONIC SWITCHES 56
7.2.2.1 Wireless switches 57
7.2.2.2 Sensor-based switches 59
7.2.2.3 Others 62
7.3 DIMMERS 64
7.3.1 WIRED DIMMERS 64
7.3.1.1 Digital addressable lighting interface (DALI) 64
7.3.1.2 KNX 64
7.3.1.3 Digital multiplex (DMX) 65
7.3.2 WIRELESS DIMMERS 65
7.3.2.1 Sensor-based wireless dimmers 65
7.3.2.2 Automated wireless dimmers 65
8 LIGHT SWITCHES AND DIMMERS MARKET, BY END USER 68
8.1 INTRODUCTION 69
8.2 COMMERCIAL 71
8.2.1 OFFICE LIGHTING 71
8.2.2 RETAIL MALLS 71
8.2.3 HOSPITALITY 71
8.2.4 ADDITION OF FLEXIBLE CONTROLS FOR LIGHTING 71
8.3 RESIDENTIAL 73
8.3.1 INCREASING STANDARD OF LIVING 73
8.4 OTHERS 75
8.4.1 INDUSTRIAL LIGHTING 75
8.4.1.1 Safety of workers in industrial areas 75
8.4.2 OUTDOOR & TRAFFIC LIGHTING 75
8.4.2.1 Different lighting controls for different types of roads 75
9 LIGHT SWITCHES AND DIMMERS MARKET, BY LIGHT SOURCE 77
9.1 INTRODUCTION 78
9.2 INCANDESCENT 80
9.2.1 PHASING OUT OF THE TRADITIONAL LIGHT SOURCES CREATES A UNIQUE OPPORTUNITY FOR SWITCH MAKERS 80
9.3 FLUORESCENT (FL) 83
9.3.1 COMPACT FLUORESCENT LAMP (CFL) 83
9.3.2 LINEAR FLUORESCENT LAMP (LFL) 83
9.4 HIGH-INTENSITY DISCHARGE 86
9.5 LIGHT-EMITTING DIODE (LED) 88
9.5.1 EMERGENCE OF LED LIGHTING CREATING A MAJOR OPPORTUNITY FOR ADVANCED LIGHTING CONTROL SWITCHES 88
10 GEOGRAPHIC ANALYSIS 91
10.1 INTRODUCTION 92
10.2 NORTH AMERICA 93
10.2.1 U.S. 93
10.2.1.1 Building codes expected to boost the adoption of new technologies in light switches 93
10.2.2 CANADA 94
10.2.2.1 Growing adoption of LED lighting systems 94
10.3 EUROPE 96
10.3.1 U.K. 96
10.3.1.1 Demand for energy-saving and long-lasting lighting systems driving the market in the U.K. 96
10.3.2 GERMANY 96
10.3.2.1 High demand for smart homes driving the light switches and dimmers market in Germany 96
10.3.3 FRANCE 96
10.3.3.1 Growing awareness toward energy conservation 96
10.3.4 ITALY 97
10.3.4.1 High demand from the rebounding construction sector 97
10.3.5 SPAIN 97
10.3.5.1 Government regulations for reducing emissions driving the adoption of light switches and dimmers 97
10.3.6 REST OF EUROPE 97
10.3.6.1 Increasing investments to fuel the growth of this market in the future 97
10.4 ASIA-PACIFIC 100
10.4.1 CHINA 100
10.4.1.1 Increasing government expenditure on public infrastructure 100
10.4.2 JAPAN 101
10.4.2.1 Focus on energy management solutions 101
10.4.3 INDIA 101
10.4.3.1 Strong economic outlook expected to drive the growth 101
10.4.4 SOUTH KOREA 101
10.4.4.1 Energy efficiency labels & standards program expected to boost growth of sensors and dimmers 101
10.4.5 REST OF APAC 101
10.4.5.1 Australia and Indonesia are emerging markets with significant potential 101
10.5 REST OF THE WORLD 104
10.5.1.1 Focus on real estate & urbanization 104
11 COMPETITIVE LANDSCAPE 106
11.1 INTRODUCTION 106
11.2 RANKING OF MARKET PLAYERS, 2015 107
11.3 COMPETITIVE SCENARIO AND TRENDS 108
11.3.1 NEW PRODUCT LAUNCHES AND EXPANSIONS 109
11.3.2 PARTNERSHIPS, AGREEMENTS, JOINT VENTURES, AND COLLABORATIONS 110
11.3.3 MERGERS & ACQUISITIONS, 2015–2016 111
12 COMPANY PROFILES 112
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 INTRODUCTION 112
12.2 LEGRAND S.A. 113
12.3 LEVITON MANUFACTURING CO., INC. 116
12.4 LUTRON ELECTRONICS CO., INC. 119
12.5 HUBBELL LIGHTING, INC. 122
12.6 COOPER INDUSTRIES, INC. 125
12.7 OSRAM GMBH 127
12.8 KONINKLIJKE PHILIPS N.V. 130
12.9 ACUITY BRANDS LIGHTING, INC. 134
12.10 HONEYWELL INTERNATIONAL INC. 137
12.11 SCHNEIDER ELECTRIC SE 140
12.12 DAINTREE NETWORKS, INC. 142
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
13 APPENDIX 144
13.1 INSIGHTS OF INDUSTRY EXPERTS 144
13.2 DISCUSSION GUIDE 145
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 148
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 150
13.5 AVAILABLE CUSTOMIZATIONS 152
13.6 RELATED REPORTS 152