Dimmers Market Segmentation
The Dimmers
Market is segmented into various categories by type, control,
product, connectivity, and application. The market is classified into
universal, incandescent/halogen, electronic low voltage (ELV), low magnetic
voltage (MLV), high wattage dimmers, etc. The dimmers market is segmented into
single-pole dimming, three-way dimming, and others in the control segment. The
dimmers market is categorized into slide, rotary, toggle, touch, tabletop, and
others based on product. While in the connectivity segment, the market has been
classified into wired dimmers and wireless dimmers. In the application segment,
the market has been fragmented into residential, commercial, and industrial.
These major segments of the Dimmer's market contribute to developing the
market's growth and help the market competition at the global level.
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Industry News
The
integration of loT technologies with lighting systems will benefit the Dimmers
Market Growth in the future.
Dimmers Market Regional Analysis
The
Global Dimmer’s Market is geographically distributed into different regions
such as North America, Europe, Asia Pacific, the Middle East, and Africa and
South America. Among these major regions, the European Market dominated the
market in recent years, and it is considered to continue its growth in the upcoming
years. Considerable growth to be noticed in the region of North America during
the forecast period. Other countries such as China, India, and Brazil show
potential growth, which will raise the market's economy at the global level.
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Dimmers Market Overview
Dimmers
are specially used to reduce the illuminating power of the light by reducing
the intensity of the light. It may vary from small unit size light switches to
high power units. The Dimmers Market Analysis is
showing potential growth due to the high demand for intelligent lighting
systems for better sustainability and well-being of today’s generation. These
light controlling devices are getting famous because they reduce light
intensity by modifying the bulb's voltage waveform. The wide usage of potential
lighting systems and the government initiatives to build smart buildings and
develop smart cities boost the market growth. Even other major factors drive
the Dimmers Market Size, such as the demand for
energy-efficient lighting. The growth in the integration of loT technology is
accelerating the use of dimmers, and the increased urbanization rate globally
is another major growth factor of the market. The rise in demand for high
energy-saving dimmers keeps concerned about the environmental issues in
developing the market. The usage of smart lighting systems in smart buildings
and residences to control the lighting systems is upgrading the market.
The
COVID-19 pandemic has impacted the Dimmers Market Share; the
industrial activities were shut down due to the lockdown effect. The
manufacturing units were closed, and the production process was hampered. There
was a huge revenue loss seen in the market’s growth, anyway despite the loss,
and the chief players are implanting different marketing strategies to rebound
the market's growth.
The Dimmers
Market Revenue is estimated to reach USD 10.55 Billion in 2018 to
USD 29.81 Billion by the end of the assessment period with a strong CAGR of
16.6%.
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Table Of Contents
1 Executive Summary
1.1 Market
Attractiveness
2 Scope Of The Report
2.1 Market
Definition
2.2 Scope Of The
Study
2.3 Research
Objectives
2.4 Markets
Structure
3 Research Methodology
4 Market Landscape
4.1 Porter’s Five
Forces Analysis
4.1.1 Threat Of
New Entrants
4.1.2 Bargaining
Power Of Buyers
4.1.3 Threat Of
Substitutes
4.1.4 Bargaining
Power Of Suppliers
4.1.5 Intensity
Of Rivalry
4.2 Value
Chain/Supply Chain Of Dimmers
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