Switches and Dimmers Market - Overview

An electrical switch refers to an electronic equipment that can engage or break a circuit by diverting the current, or interrupting it from one conductor to other. It can be manual or automatic. The switch can be directly operated by human, as a control of the power flow in a circuit. These switches can be operated by various means, such as temperature, pressure, current, flow & voltage and by sensors, for automatic control of the system. Dimmer switches are electric switches that enable the user to adjust brightness of the light from near dark to fully light levels by sliding a lever or turning a knob.

Switches and Dimmers Market - Drivers and Restraints

Increasing consumer demand for energy-saving lighting systems coupled with convergence of lighting with IoT and rising acceptance of standard protocols for lighting products are major factors that are expected to drive the switches and dimmers market during the forecast period. Rise in urbanization coupled with development of advanced modular electrical switches are key factors driving the switches and dimmers market. Manufacturers are also developing advanced electrical switches that are more energy-efficient and require lesser maintenance. Furthermore, increasing demand for esthetically appealing switches and dimmers in new and infrastructures under renovation is likely to boost demand for these switched from the industry during the forecast period.

Real-estate property contractors and local builders also prefer to provide their customers with newer types of switches according to their customized requirements, thereby propelling the construction quality of the overall infrastructure. Modular switches are advanced versions of conventional switches, which caters to the increasing demand for esthetics and safety by end-users. Security and safety concerns coupled with increasing acceptance of smart and attractive electrical switches among end-users is a prominent trend that is anticipated to fuel the switches and dimmers market during the forecast period.

However, volatility in raw material prices and availability of lower quality and inexpensive products offered by local manufacturers are likely to hinder the global switches and dimmers market. Moreover, the longer purchase interval of switches and dimmers (lifespan of about 10 years), is projected to hamper the market during the forecast period.

Switches and Dimmers Market - Segmentation

In terms of product, the global switches and dimmers market can be segmented into manual switches, electronic switches, wired dimmers, and wireless dimmers. The manual switches segment can be further classified into rocker light switches, toggle light switches, and specialty light switches. Based on control style, the switches and dimmers market can be segregated into slide dimmers, toggle dimmers, rocker dimmers, and rotary dimmers. In terms of end-use, the market can be classified into commercial, industrial, and residential users. Based on distribution channel, the switchers and dimmers market can be bifurcated into online and offline distribution channel.

Asia Pacific accounted for a major share of the market. The switches and dimmers market in the region is anticipated to expand at a significant CAGR during the forecast period. Easy availability of electrical switches at affordable prices in the region has increased their adoption in various applications such as residential and commercial buildings, hospitality, and industries. Expansion of the construction sector in developing countries has boosted the demand for electrical switches. The construction industry in India is anticipated to expand at a rapid pace. Newer constructions will demand for technologically advanced switches and dimmers in the country. Moreover, implementation of government regulations and norms to minimize mishaps, owing to lack of maintenance of electronic products, has prompted consumers to install durable and safe switches and dimmers in their infrastructure.

Switches and Dimmers Market - Key Players

Major industry participants of the global switches and dimmers market include ABB, Alps, GE, Havells, Legrand, Longsheng, Panasonic, Salzer Electronics, Schnieider Electric, and Siemens. These companies are adopting various strategies, such as mergers & acquisitions, new product developments and the business expansions, in order to expand their market share in the global switches and dimmers market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.