A light control switch regulates the operation of electrical lights, outlets, or other permanently attached lighting-related devices. Different types of light switches are available in the market for various intended usages. Depending on the lighting, several types of switches are used, such as push-button light switches, proximity switches, and dimmer light switches. Additionally, the light control switches market is also experiencing the launch of new products such as wireless and integrated light switch solutions for adoption across smart homes and commercial premises.
Panasonic Corporation, Eaton, Savant Systems Inc., Acuity Brands Inc., Leviton Manufacturing Company International – Prominent Market Participants in Light Control Switches Market
The global light control switches market based on geography the APAC region accounted for the highest share in the global light control switches market in 2020 and is also expected to grow at the largest CAGR over the forecast period. The rising investment in infrastructural developments across the region across sectors like residential, commercial, and industrial segments is driving the demand for lighting control switches over the years. Lighting systems being one of the major parts of any infrastructural development, the rise in newer and redevelopment construction projects indirectly impacts the demand for lighting solutions and light control switches. Additionally, the region over the years has also experienced a significant rise in the adoption of IoT connecting lighting systems thereby influencing the adoption of smart switches. These factors are further contributing to the growth of the light control switches market.
Panasonic Corporation, Eaton, Savant Systems Inc., ACUITY BRANDS, INC., Leviton Manufacturing Co., Inc. are some of the key market players operating in the global light control switches market. The listing of key players is derived by considering multiple factors such as overall revenue, current light control switches product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the light control switches ecosystems which were studies analyzed during the course of this market research study, such as Honeywell International Inc., LEGRAND SA, Lutron Electronics Co., Inc., OSRAM GmbH, Schneider Electric SE, and Helvar. Most of the market initiatives were observed in APAC and Europe regions, which have a high potential for market-related products, solutions, and services. A few of the important market initiatives from the industry are mentioned below:
| Year | Development | Region |
| 2021 | OSRAM’s new DIM MCU G2 and DALI MCU TW G2 rotary dimmers provide intuitive and straightforward dimming. Both devices received a makeover, and the installation depth was significantly reduced: it is now just 23 mm. | Europe |
| 2021 | Schneider Electric, a global leader in the digital revolution of energy management and automation, announced the debut of its Clipsal X product line, which includes self-disinfecting anti-viral and anti-bacterial switches. The switches meet international testing requirements and are powered by Silver Ion technology, which can kill over 99.9% of germs and self-disinfect them. These items, which are available in two varieties, were designed and manufactured in India as part of Schneider Electric’s commitment to creating an Atmanirbhar Bharat. | APAC |
