Global Dimmers Market, By Type (Halogen and Incandescent Dimmers, Electronic Low Voltage Dimmer (ELV), Magnetic Low Voltage Dimmer (MLV), Fluorescent Dimmers, High Wattage Dimmers), Product ( Rheostat, Coil-rotation Transformer, Solid-state Dimmers, Others), Category ( Product, Slide, Rotary, Toggle, Touch, Tabletop, Others), Control (Single Pole Dimming, Three-Way Dimming, Others), Connectivity (Wired Dimmers, Wireless Dimmers), Application (Residential, Commercial, Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)- Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Dimmers Market
Dimmers market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the dimmers market to reach at an estimated value of USD 47.8 billion by 2028 and exhibit a CAGR of 17.1% for the forecast period of 2021-2028.
Dimmers are the devices that are basically used to adjust the level of brightness of light in any room and are connected to a light fixture or light fitting that are installed in homes, offices, and factories, Dimmers pairing with smart plugs and light switches make it easier for homeowners to add smart lighting control upgrades suiting their unique homes and lifestyles.
The growth in integration of IOT technology into connected lighting systems, improving wireless communication technology and rising awareness about energy efficiency benefits for the environment and technology upgrades across the globe will emerge as the major factor driving market growth. Furthermore, the various advantages it offers such as reduced energy usage, enhanced security and life span, easy customization, dimmer systems will further aggravate the market value. However, high installation costs and lack of skilled labor act as a restraint for the market.
In addition to this, rising technological advancements by manufacturers create new opportunities for growing the market within the forecast period. The lack of knowledge or awareness amongst potential end users is expected to dampen the growth rate that further result as a challenge for the market.
This dimmers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on dimmers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dimmers Market Scope and Market Size
The dimmers market is segmented on the basis of type, product, category, control, connectivity and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the dimmers market has been segmented into halogen and incandescent dimmers, electronic low voltage dimmer (ELV), magnetic low voltage dimmer (MLV), fluorescent dimmers and high wattage dimmers.
- On the basis of product, the dimmers market is segmented into rheostat, coil-rotation transformer, solid-state dimmers and others.
- On the basis of category, the dimmers market is segmented into product, slide, rotary, toggle, touch, tabletop and others.
- On the basis of control, the market is segmented into single pole dimming, three-way dimming and others.
- On the basis of connectivity, the market is segmented into wired dimmers and wireless dimmers.
- On the basis of application, the market is segmented into residential, commercial and industrial.
Dimmers Market Country Level Analysis
The dimmers market is segmented on the basis of type, product, category, control, connectivity and application.
The countries covered in the dimmers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the dimmers market due to surge in the adoption of smart lighting control systems and LED lighting solution. Asia-Pacific region is projected to undergo substantial during the forecast period owing to the increasing uptake of smart street lights and government initiatives to improve infrastructure boosts the regional market growth.
The country section of the dimmers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dimmers Market Share Analysis
The dimmers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dimmers market.
The major players covered in the dimmers market report are Hubbell, Acuity Brands Inc., Signify Holding, Leviton Manufacturing Co. Inc., Virtual Extension, Lutron Electronics Co Inc., OSRAM, ABB, Cooper Lighting LLC, Philips Lighting Holding B.V., Acuity Brands Lighting, Inc., Hafele, Honeywell International Inc., Cree, Inc. , Digital Lumens, Inc., Lutron Electronics Co., Inc., Legrand SA, Seiko Epson Corporation, Encelium technologies, Zumtobel Group AG, Wipro Consumer Care & Lighting, Schneider Electric SE, Eaton, Leviton Manufacturing Co., Inc., Syska LED and Beam Labs B.V among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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