The Asia Pacific region is projected to be a leading region in the global light control switches market. The presence of population in developing economies, as well as rising urbanisation, is projected to drive growth in the Asia Pacific light control switches market. The Asia Pacific light control switches market is likely to grow in the near future due to increased demand from key economies such as China, Japan, and India. Furthermore, the rise in smart city infrastructure projects in Asia Pacific is likely to increase the use of outdoor lighting control applications, fueling the light control switches market dynamics. Growth can also be ascribed to increased government infrastructure building projects, as well as increased commercial and industrial operations in nations such as China, India, Japan, and South Korea. Additionally, rising disposable income levels are expected to fuel the regional market during the projection period. The culture of light control switches in the Asia-Pacific area is diverse, reflecting the region's distinct cultural norms, technical advancements, and environmental concerns. Energy efficiency and the usage of smart home technology to manage lights are becoming increasingly important. Traditional practises such as employing natural light and decorative lighting for festivals and festivities, on the other hand, are still used in some nations. The Asia-Pacific light control switches market is continually evolving, reflecting the changing technology landscape and cultural traditions of the region's various countries. LED lighting use is quickly increasing in the Asia-Pacific region, creating new prospects for enterprises in the light control switches market. The Asia-Pacific area is a hotbed of smart home technology innovation, with several top businesses producing innovative products and solutions for light control switches According to the research report, “Asia-Pacific Light Control Switches Market Research Report, 2028” published by Actual Market Research, the market is projected to grow with 9.87% CAGR by 2023-28. The growing middle class in the Asia-Pacific region is driving the demand for smart home technology and energy-efficient lighting solutions, creating new opportunities for businesses in the light control switches market. Significant R&D in smart city efforts is likely to provide significant growth prospects for regional firms. The surge in demand for IoT-integrated lighting control systems, particularly among consumers in developing nations such as India and China, is expected to provide major economic prospects for enterprises in the region. The rapidly expanding infrastructure building activities being undertaken in this region, particularly in emerging economies such as China and India, where smart lighting paves the way for infrastructure modernization, is the major factor driving the growth of the Asia-Pacific target market. Another element driving the usage of these light control switches is the expansion of smart city infrastructure in Asia-Pacific. Furthermore, the implementation of government laws encouraging energy-efficient lighting is fuelling demand for smart street lights, consequently propelling the Asia-Pacific Light Control Switches Market forward. To expand their production capacities, manufacturing facilities are heavily focused on IoT, industrial automation, and the usage of industrial robots. The industry's leaders are focused on creating new and automated manufacturing facilities that necessitate the incorporation of electric switches into industrial robots, security systems, control panels, power supply, and other applications. Smart factories are becoming more popular in China, creating new prospects in the electric switch market. Industrial robots, automated technology, and industrial IoT devices will be used in these smart factories. For example, the Chinese government introduced the "Made in China" initiative in January 2022 with the goal of achieving digitalization by 2025. Over 70% of large-scale Chinese enterprises will be digitalized, according to the government's plan, and new production facilities with automated manufacturing technology would be built across the country.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleRising infrastructure development investments in various sectors such as residential, commercial, and industrial have contributed to the market growth of lighting control switches. Increasing customer demand for smart household appliances, as well as government mandates to reduce energy usage within industries, is driving expansion in the market for light control switches. Furthermore, increasing use of smart control or linked devices, as well as substantial investments in smart city initiatives, can propel market growth further. A plan was passed by the Indian government to build 100 smart cities by 2020. However, due to delays caused by the pandemic, the Ministry of Housing and Urban Affairs stated its plan to extend the deadline for implementation of the Smart Cities Mission to June 2023 in December 2021. Syska announced the debut of new LED Lights under the 'T5 LED Batten' brand in India in June 2021, naming them T5 LED Batten (PC) and T5 LED Batten (AL) LED for only Rs 449 and Rs 549. These lighting devices were created to assist professionals working from home in dealing with poor lighting. Furthermore, increased R&D activities for smart home automation lighting products, expanding urbanisation, and growing usage of premium lighting solutions in commercial workplaces are expected to aid market expansion in the long run. Among the biggest on-going or planned commercial construction projects in the region is the proposal for the restoration of Hamamatsucho Shibaura in Tokyo, Japan, which comprises developing a 550,000 m2 mixed-use complex across 4 acres of land, with two 232.55 m tall structures. The development of Elizabeth Quay Lot V and Lot VI Mixed-Use Complex in Perth, Australia, began in the third quarter of 2021 and is expected to be finished by the fourth quarter of 2030. On a 7,000 m2 plot, the project calls for the construction of two mixed-use skyscrapers: a 58-story mixed-use tower and a 21-story commercial tower. Construction began in the third quarter of 2021 and is expected to be completed by the fourth quarter of 2025. Lighting is essential in commercial complexes, fuelling demand for low-cost, energy-efficient lighting solutions. Thus, increased need for lighting in the real estate industry drives demand for light control switches, promoting market growth for light control switches. Based on the countries, the Asia-Pacific region is segmented into five major countries including China, Japan, India, Australia and South Korea. China is the major country with the biggest revenue generation. China has the world's most modern manufacturing facilities, and it is rapidly integrating emerging technologies such as IoT and automation in everyday industrial and domestic operations, which will increase the market. During the predicted period, it is also expected to be the fastest expanding country. To boost the country's market, several of the country's top important businesses are using various business methods such as collaboration, acquisition, and business expansion. Furthermore, China is a global hub for semiconductor and transmitter manufacturing, which will fuel the country's market expansion. Due to the availability of top important players in countries such as India and China, Asia Pacific is expected to be the fastest expanding region throughout the projection period. Furthermore, the growing number of small and medium-sized manufacturers in emerging markets likes as India, Japan, and South Korea is driving the expansion of the lighting controls industry. In addition, government officials in rising countries such as India, Japan, and South Korea are launching efforts such as the Government of India's "Make in India" campaign to strengthen the whole local manufacturing industry, which will fuel the Asia Pacific market. Since the introduction of AI and the Internet of Things (IoT), the world has been transformed into a "Smart World" with smart technologies, smart buildings, and smart cities, among other things. Controlling indoor and outdoor lights with smart lighting is possible via smartphones, tablets, or smart assistants such as Alexa. Furthermore, some companies in the Asia-Pacific smart lighting market are exploring linking smart lighting technology to several Asian governments' Smart City Missions, such as India, China, and Japan. A number of prominent manufacturers, including Philips Lighting, GE Lighting Solutions, and LIFX, have entered this booming sector. These businesses are working hard to create unique smart lighting products that will appeal to consumers in various areas. Furthermore, some entrepreneurs are cashing in on this trend by inventing new solutions exclusively for the smart lighting market. According to the report, the market is segmented into various product types including rocker & toggle switches, touch-based switches, dimmers, sensor-based switches, wireless/ kinetic switches and others such as keypad switch, push button, illuminated etc. Among them, rocker & toggle switches are expected to dominate the market in 2022 with more than 70% market share. Rocker and toggle switches are known for their durability and reliability, which makes them a popular choice among customers in the Asia-Pacific region. They can withstand harsh environmental conditions and frequent use, making them ideal for use in a wide range of applications. They are easy to use, even for people who are not familiar with electrical equipment. They have a simple on/off mechanism that is intuitive and easy to understand. Rocker and toggle switches are cost-effective, making them an attractive option for customers in the Asia-Pacific region. They are relatively inexpensive compared to other types of switches, which makes them accessible to a wider range of customers. In some countries in the Asia-Pacific region, rocker and toggle switches have been used for many years and have become a traditional part of the electrical landscape. This familiarity and tradition make them a preferred choice for many customers. However, the touch-based switch technology has been rapidly evolving, with new features such as voice control and integration with smart home assistants like Amazon Alexa and Google Home. These advancements are making touch-based switches more attractive to customers in the APAC region. The APAC region has undergone significant lifestyle changes, with more people spending time indoors due to factors such as urbanization and the COVID-19 pandemic. Touch-based switches offer a convenient and modern solution for controlling the indoor environment. Further, based on the switch solution, standalone segment is leading the market in 2022.
The Lighting Control switches Market by Application is dominated in the residential sector in the Asia-Pacific market revenues in 2022 owing to growing infrastructural projects and consumer's transition shift towards smart eco system as a large portion of the population lives in cities, thus consumers are open to using intelligent lighting systems. However, because of the consumer shift towards smart eco systems, the lights are more popular in the commercial sector. Rising income and rural migration to cities, together with favourable government initiatives to increase housing unit sales, are expected to drive residential sector growth in the coming years. These elements are paving the way for the use of Lighting Control Systems in the region. Illumination for highways, roadways, bridges, and tunnels; illumination for public spaces such as stadiums and parks, railway stations, airports, and harbours; and architectural lighting are all examples of commercial lighting applications. The increasing need for energy-efficient light control solutions for outdoor end-use applications such as motorways and highways, as well as public spaces, is likely to drive the APAC light control switches market. The growing network of streets and roads in developing countries such as China, India, and Indonesia will result in an increase in the installation of new streetlights, indirectly creating demand for lighting control devices such as switches and dimmers. Because of government assistance and incentives supporting the installation and usage of energy-efficient lighting control technologies, the highways and roadways lighting application market is rapidly expanding. The most recent development in the street lighting market is the replacement of existing street lighting sources with LED streetlights to dramatically reduce energy usage. This, in turn, is likely to drive demand for light control switches in APAC during the forecast period. Furthermore, by the end of the forecast period, the retail store distribution channel is estimated to lead the Asia-Pacific light controlled switches market. Recent Developments • Koninklijke Philips N.V. (Signify) will debut Philips Hue smart lighting solutions in June 2021, allowing for greater control, personalization, and flexibility in the home. Aside from that, the business intends to launch its first fully customised track lighting as well as a portable, rechargeable lamp for indoor and outdoor use. • Wipro Lighting, a provider of smart lighting solutions, and Enlighted, a developer of Internet of Things solutions, have formed a cooperation to improve workspaces. Both companies are merging their solutions and technologies to assist their customers in the development of smart buildings. Major Companies present in the market: Signify, Legrand S.A, Eaton Corporation, Acuity Brands, Inc., Leviton Manufacturing Co., Inc, Lutron Electronics Co., Inc, Schneider Electric, Honeywell International Inc., Panasonic Corporation, ABB Group, Havells, Alps Alspine Co., Ltd, Salzer Electronics Limited, Marquardt GmbH., Hubbell Incorporated, Hager Group, Gewiss S.p.A., Simon Electric Pvt. Ltd., TE Connectivity Considered in this report • Geography: Asia-Pacific • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028
Aspects covered in this report • Asia-Pacific Light Control Switches market with its value and forecast along with its segments • Country-wise Light Control Switches market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report: • China • Japan • India • Australia • South Korea By Product Type • Rocker & Toggle Switches • Touch-Based Switches • Dimmers • Sensor-based Switches • Wireless/ Kinetic Switches • Others By Switch Solution • Standalone • Integrated By Application • Residential • Commercial • Others By Distribution Channel • Retail Stores • Institutional • Supermarket/ Hypermarket • Online The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Light Control Switches industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
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