Dimmers Market Research Report - Global Forecast till 2025.

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Presentation transcript:

Dimmers Market Research Report - Global Forecast till 2025

Market Scenario The Global Dimmers Market was valued at USD billion in 2018; it is expected to reach USD 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. Report Sample:

Market Research Analysis: The dimmers market has seen tremendous growth in the unit shipments from the past couple of years. The major factor contributing to the growth of dimmers market include potential growth of intelligent lighting systems for sustainability and well-being and government initiatives for smart city and smart homes in European countries. Moreover, increase in demand for energy-efficient lighting, increased cost savings, growth of the Internet of Things (IoT) technology to design smart, sustainable, and connected lighting systems has led to the growing adoption of dimmers and controllers among various end-users. Browse Complete Report Details:

Scope of the Report: Globally, the dimmers market has been categorized into four regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Among the major regions, Europe dominated the dimmers market in Governments have undertaken smart city initiatives in various European countries to provide unprecedented growth potential for cities and municipalities, leveraging emerging technologies to offer advanced, connected, and secure solutions. Dimmers have seen considerable growth in North America and Europe on a larger front. According to a report published by the United Nations, 54% of the world’s population resides in cities which is predicted to increase with the advent of urbanization.

Key Players: 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.

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