Light Control Switches Market - Forecast(2024 - 2030)

Light Control Switches Market Overview

The Global Light Control Switches Market size is forecast to reach $10.4 billion by 2027, growing at a CAGR of 6.5% from 2022 to 2027. Light control switch can be defined as a device capable of detecting movement within a room through utilization of motion sensors or transducers, and provides automatic functioning or control. These switches use motion sensors and transducers very effectively. These switches manage the functioning of electrical lights, connections, and other permanently connected lighting equipment. Growing demand for varied lighting solutions like fluorescent, high-intensity discharge, and compact fluorescent lamp (CFL) from consumers, alongside significant advancement towards integrated lighting control have been driving the market growth. In addition, rising adoptability of LEDs, high investments or government initiatives towards supporting smart city infrastructure projects, is further catering to the market demand of lighting control switches. Growing advent of Industrial Internet of things to support workplace optimization, alongside increasing number of R&D activities for  smart switches, dimmers and others will also influence its market growth overtime. Furthermore, rising demand for energy efficient lighting, growing consumer awareness and appeal for smart homes, significant emphasis on smart home automation trends, and many more is set to assist the market growth in the long run.

Light Control Switches Report Coverage

The report: “Light Control Switches Market– Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Light Control Switches industry.  

Key Takeaways

• LEDs (Light Emitting Diodes) light source is analysed to grow with the highest CAGR of 7.1% during the forecast period 2022-2027 due to increased government attention on energy-saving solutions, smart lighting, and increasing consumer awareness.
• Residential sector is analyzed to witness the fastest growth with a CAGR of 6.8% during 2022-2027, owing to factors like integration with sophisticated lighting solutions, increasing shift towards smart homes and so on.
• APAC Light Control Switches Market held the largest share of xx% in 2021, owing to rising demand for smart home appliances among consumers as well as government initiatives or regulations to cut down energy wastage.
• Increasing consumer awareness and appeal of smart houses along with growing demand for energy-efficient lighting systems is analyzed to significantly drive the market growth of light control switches during the forecast period 2022-2027.

Light Control Switches Market Value Share, by Geography, 2021 (%)

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Light Control Switches Market Segment Analysis - By Light Source

LEDs (Light Emitting Diodes) light source is analyzed to grow with the highest CAGR of 7.1% in the global Light Control Switches Market during the forecast period 2022-2027. Integration of LED in general lighting applications, due to its capabilities including, versatility, energy efficiency, extended operability period and so on, have emerged as a major factor driving the growth of light control switches. High LED lighting penetration, increased government emphasis on energy-saving solutions, smart lighting, and high effectiveness is significantly driving the market forward. Moreover, growing development towards multi-colour changing LED bulbs, rising adoption of LED lights in residential applications along with significant consumer demands for premium lighting environments majorly across hospitality, retail and related industries overtime have been also catering to its market growth. In February 2021, Orient Electric announced the launch of its emergency LED light solutions which are capable of offering upto 4 hours of backup lighting during power outage conditions.  This development included LED bulbs, LED battens, LED recess panels, and LED bulkheads which can be used as regular lighting sources and switch to emergency mode immediately during power shut down, thus allowing normal work activities to continue.  Such factors are further set to boost the growth of light control switches for LED sources in the long run.

Light Control Switches Market Segment Analysis - By End User

Residential sector is analyzed to witness the fastest growth with a CAGR of 6.8% in the global Light Control Switches market during 2022-2027, attributing to factors like growing shift towards home automation trends, as well as significant investment on residential building  construction projects. Increasing consumer awareness for energy efficient solutions, high spending on luxury smart home gadgets, alongside growing emphasis on wireless technology solutions in households, is also driving the market forward. In August 2021, Legrand has announced the addition of smart lighting solutions using Netatmo smart home technology to its designer switch and outlet collections. Through their variety of smart switches, dimmers and outlets,  the company aimed at providing benefits of smart lighting control with exceptional dependability and flexibility, coupled with its Home + Control software, ensuring homeowners can manage lights and power, create scenes, or make scheduled schedules, and others from anywhere. Through Legrand's intuitive Home + Control software, homeowners can manage their lights and power, create scenes, make scheduled schedules, and much more from anywhere. These factors can be considered highly essential towards accelerating the market growth of residential lighting control switches in the coming time.

Light Control Switches Market Segment Analysis - By Geography

APAC region dominated the Light Control Switches Market with a share of around 38% in 2021, and is also analyzed to witness a significant market growth during the forecast period 2022-2027. Rising investments in infrastructure development across different sectors such as residential, commercial, and industrial have attributing to its market growth towards lighting control switches. Increasing consumer demands for smart home appliances, and governmental mandates on reducing energy consumption within industries, is positively impacting the market growth of light control switches. Additionally, growing utilization of smart control or connected devices alongside high investments on smart city projects can further drive the market growth forward. Under the Indian Government, a proposal was passed for the development of 100 smart cities till 2020. However, in December 2021, the Ministry of Housing and Urban Affairs had revealed its plan on extending the timeline for implementation of the Smart Cities Mission to June 2023, owing to delays caused by the pandemic.  In June 2021, Syska announced the launch of new LED Lights under the ‘T5 LED Batten’ brand, named T5 LED Batten (PC) and T5 LED Batten (AL) LED in India for only Rs 449 and Rs 549. Development of these lighting products was meant to help professionals working from home in countering dim lighting. Moreover, increasing R&D activities towards smart home automation lighting products, rapid urbanization along with growing adoption of premium lighting solutions across commercial workplaces is set to further assist the market growth in the long run.

Light Control Switches Market Drivers

Increasing consumer awareness and appeal of smart houses is positively impacting the market growth for Light Control Switches

Increased customer demand for premium looks, smart home adoption, and technological developments in interior design act as a major driver boosting the market growth for light control switches. Growing demand for premium lighting options, shift towards automated or smart control home appliances, as well as high R&D activities towards smart light control switches with Bluetooth, Wifi, Alexa and many more, is driving the market forward.  According to a survey conducted by Realtor.com and YouGov of more than 2000 Americans at the end of 2020, majority of the respondents indicated about being interested on adding smart home features or devices within their residences in the coming time. The real estate business and government attempts to build modern infrastructure are driving up demand for light switches. In May 2021, OSRAM launched new light control switches providing Alexa capabilities including checking weather or news, setting timers and reminders alongside controlling other smart home devices. Such factors are set to assist the market growth for light control switches in the long run.

Growing demand for energy-efficient lighting systems is driving the Light Control Switches Market:

Increasing demand towards energy-efficient lighting systems can be considered as one of the major factors driving the market growth of light control switches. Increasing awareness among the consumers towards energy efficiency, increasing cost of electricity and the increasing demand for power supply is encouraging the consumers to opt for light control switches. With capabilities of being energy efficient and offering automatic light intensity adjustments, serve as a key factor to help reduce electricity wastage. Governments around the world are focusing towards the green cities, and manufacturing the products with less power consumption. In December 2019, as per a study conducted by the US Department of Energy Efficiency and Renewable energy, lighting controls that reduce or turn off the lighting when a space is not in use can save a significant amount of energy. adding lighting controls can reduce lighting energy use 10% to 90% or more depending on the use of the space in which the sensors are installed. In January 2020, the Indian Government revealed that under the SLNP programme, more than 1.03 crore of smart LED streetlights were installed till date, enabling estimated annual energy savings of 6.97 billion kWh. In accordance to this initiative, Energy Efficiency Services Ltd. (EESL), had aimed of investing around 8000 crores by 2024, supporting installation or retrofitting of more than 30 million LED streetlights, majorly for the rural areas. These factors can be considered highly essential in boosting the market growth of light control switches overtime.

Light Control Switches Market Challenges

High installation cost associated with the light control is hampering the Light Control Switches Market growth:

The high cost of installation associated with the light control switches and payback duration for smart lighting solutions is adversely impacting the light control switches market growth. Since installation of light control switches require a different setup alongside additional product variants, it raises production complexities, affecting its price.  In comparison to traditional light switches, cost of smart control or switches with automatic lighting control mechanism through communication with Wifi, Google Assistant and so on, are potentially on the high end, thus causing lesser adoptability in rural households.  Due to its diverse functionalities, and integration of advanced technologies, costs associated with manufacturing and installation seems be to be high. The cost of motion detector lighting increases if any setting breaks down or the lights fuse or run out of life at the same time frequent use of the light (especially outdoor/security lights) leading to a high-tech luminaire too soon. These factors have been eventually hampering the market growth towards light control switches. 

Light Control Switches Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Light Control Switches Market. Light Control Switches top 10 companies include: 

1. Legrand S.A.
2. Leviton
3.  Lutron Electronics
4. Hubbell Lighting
5. Honeywell International Inc.
6. Osram
7. Eaton Corporation
8. General Electric Company
9. Acuity Brands Lighting, Inc.
10. Schneider Electric SE 

Acquisitions/Technology Launches/Partnerships 

• In March 2022, Legrand released a new radiant Wave Switch, expanding on the adorne collection's distinctive touchless technology to integrate into applications and projects.
• In May 2022, Leviton announced the launch of HomeKit-enabled Decora Smart No-Neutral Switch, Dimmer s well as Bridge, capable of increasing smart lighting control opportunities for those living in older homes. These devices also offer compatibility with Amazon Alexa, HomeKit/Siri and others in order to address as well as support user voice assistant preferences.
• In January 2022, Acuity Brands teamed up with Microsoft, an American multinational technology corporation. Under this collaboration, Acuity aimed to expand its capabilities in lighting controls, brands smart lighting, and developing automation solutions. In addition, Acuity Brands would integrate Microsoft Azure IoT and AI into its portfolio in order to enable companies to regulate carbon emissions, and save costs on operating expenses.

Relevant Report Titles:

Digital Crosspoint Switches and Mux / DeMux Market - Forecast(2022 - 2027)
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