How Strong Is The Growth Forecast In The Light Control Switches Market?
The light control switches market size has witnessed sturdy growth in recent years, escalating from $7.69 billion in 2024 to $8.38 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. Factors like energy efficiency regulations, demand for traditional lighting systems, and urbanization and infrastructure growth, among others, fuelled this historic period growth. The market size is predicted to reach $11.95 billion in 2029, growing at a CAGR of 9.3%. The forecast period growth can be attributed to led lighting adoption, electrification of transport, and cybersecurity in lighting, among others.
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Why Is The Light Control Switches Market Seeing A Growth Uptick?
The key driver for the light control switches market growth is the increasing usage of LEDs and other lamps. The LED lighting technology is energy-efficient and rapidly evolving, offering better light quality, longer lifespan, and more durability. Light control switches, when integrated with LEDs and other lamps, can significantly reduce electricity wastage and promote energy efficiency. A case in point, by 2030, LEDs are projected to make up 87% of lighting sources, according to Warehouse-Lighting.com.
What Are The Segments Of The Light Control Switches Market?
1) By Product Type: Switches, Dimmer
2) By Switch Solution: Standalone Switch Solution, Integrated Switch Solution
3) By Light Source: Incandescent, Fluorescent, High-Intensity Discharge, Light Emitting Diode, Compact Fluorescent Lamp (CFL)
4) By Application: Residential, Commercial, Industrial, Highways And Roadways Lighting, Architectural Lighting, Lighting For Public Places, Other Applications
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Which Companies Hold A Majority Share In The Light Control Switches Market?
Key players in the light control switches market include Acuity Brands Inc., Honeywell International Inc., General Electric Company, Leviton Manufacturing Company Inc., Lutron Electronics Co. Inc., Panasonic Corporation, Schneider Electric SE, Signify N.V., Havells India Ltd., and Hubbell Incorporated, among others.
What Trends Are Shaping The Light Control Switches Market?
Major firms in the light control switches market are emphasizing sustainability by developing solutions using recycled and recyclable materials to reduce waste and environmental impact. For instance, in March 2024, ABB launched the Busch-art linear light switch range, made from recycled material like old car headlights and CDs, reducing CO2 emissions by a whopping 82%.
Which Region Holds The Largest Share In The Light Control Switches Market?
Asia-Pacific was the largest region in the light control switches market in 2024. The report covers other regions like Western Europe, Eastern Europe, North America, South America, Middle East, and Africa in the light control switches market report.
What Does The Light Control Switches Market Report 2025 Offer?
Light control switches refer to devices controlling lighting fixtures operation, facilitating users to adjust brightness, toggle lights on or off, and control light settings. They integrate into home automation systems for remote control and scheduling via smartphones or voice commands. The Light Control Switches Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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