Light Control Switches Market by Product Type - 2022 | MarketsandMarkets

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MarketsandMarkets Presents

Light Control Switches Market worth 6.25 Billion
USD by 2022 Light Control Switches Market by
Product Type (Manual Switches, Electronic
Switches and Dimmers), Light Source (Incandescent
Halogen, Fluorescent, LED, HID), End Users and
Geography - Global Forecasts to
2022 http//www.marketsandmarkets.com/Market-Repo
rts/light-control-switches-market-221529576.html
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According to a new market research report "Light
Control Switches Market by Product Type (Manual
Switches, Electronic Switches and Dimmers), Light
Source (Incandescent Halogen, Fluorescent, LED,
HID), End Users and Geography - Global Forecasts
to 2022", the total light control switches market
size, in terms of value, is expected to reach USD
6.25 Billion by 2022, at a CAGR of 7.9 and in
terms of volume, the market size is expected to
reach 2.85 Billion units by 2022, at a CAGR of
8.8 during the forecast period. The growing
demand for energy savings within the general
lighting applications is expected to be the major
factor driving the market. Browse 76 market
data tables with 69 figures spread through 152
pages and in-depth TOC on "Light Control Switches
Market - Global Forecasts to 2022" Early
buyers will receive 10 customization on this
report.
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Residential lighting is expected to lead the
light control switches market for end users in
terms of volume The rebound in housing in North
America and Europe as well as the urban growth in
Asia-Pacific is expected to drive the consumption
of light switches dimmers by residential end
users. The commercial end users is expected to
lead the market size in terms of value owing to
the faster penetration of high-value products
such as wireless switches dimmers compared to
residential sector. Ask PDF Brochure_at_
http//www.marketsandmarkets.com/pdfdownload.asp?i
d221529576 Light control switches
market for electronic switches is expected to
exhibit high growth during the forecast
period Electronic switches include wireless
switches, sensor-based switches, and others. The
adoption of electronic switches is increasing
owing to their ability to control lights
effectively and ensure higher energy savings,
leading to a very high growth during the forecast
period.
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The market in the RoW region is expected to grow
at the highest rate during the forecast
period The market in Rest of the World (RoW)
which includes Middle East Africa and Latin
America is expected to grow at the highest CAGR
between 2016 and 2022 because of the rapid
electrification and urbanization in Africa and
also the increasing expenditure on infrastructure
development in the Middle East. Inquiry Before
Buying _at_ http//www.marketsandmarkets.com/Enquiry_
Before_Buying.asp?id221529576 The key players
in this market are Legrand (France), Leviton
(U.S.), Lutron (U.S.), (U.S.), Cooper Industries
(U.S.), Hubbell Lighting (U.S.), Honeywell
International Inc. (U.S.), Philips N.V.
(Netherlands), and Osram (Germany).

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