January 6, 2020 by Market-NewsFlash
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.
Dimmers are an intelligent lighting control solutions that enable centralized control of lights. The major factor contributing to the growth of dimmers market include potential growth of intelligent lighting systems for sustainability and well-being, and government smart city and smart home initiatives in European countries. 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.
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.
The dimmers market has been categorized into four regions — North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Many countries in Europe are embracing smart lighting control technologies to automate connectivity by creating LED (Light Emitting Diode) network systems. Infrastructure acts as a catalyst for the development and adoption of dimming solutions. Governments in the developing countries find it difficult to implement smart infrastructure due to lack of funding. In addition, most of poverty-stricken population resides in developing countries with poor road quality and limited access to transportation.
Economies around the world are focused on energy optimization to reduce electricity for lighting which accounts for a considerable amount of global power consumption and greenhouse gas (GHG) emissions. Copenhagen, Denmark is one of the smartest cities in the world that has implemented smart street lighting solutions with 20,000 connected energy-efficient LED street lights to increase the safety of cyclists and pedestrians.
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