Colombia Light Control Switches Market research report, 2028

The light and apparatus control switch market in Colombia is growing quickly because of different variables like expanding urbanisation, rising dispensable livelihoods, and developing interest in energy-proficient and financially savvy lighting arrangements. The light and fixture control switches market in Colombia presents significant opportunities for growth and development, driven by several key trends. As the cost of energy continues to rise in Colombia, there is a growing demand for lighting solutions that are energy-efficient and cost-effective. This is driving the adoption of LED lighting and smart control systems that can help reduce energy consumption and lower electricity bills. The concept of the smart home is gaining popularity in Colombia, driven by increased consumer awareness of the benefits of home automation systems. This trend is driving the adoption of smart lighting control switches that can be controlled using smartphones or voice commands. According to the research report "Colombia Light Control Switches Market research report, 2028," published by Actual Market Research, the Colombia Light Control Switches Market was valued at more than USD 58 Million in 2022. Colombia is encountering quick urbanisation, with an ever-increasing number of individuals moving to urban areas. In residential, commercial, and industrial settings, this is driving demand for cutting-edge lighting solutions. Based on the product types, there are rocker and toggle switches, touch-based switches, dimmers, sensor-based switches, wireless/kinetic switches, and others (keypad switches, push-button switches, and illuminated switches). The rocker and toggle switches held the major share in the Colombia market. In the future, touch-based switches will grow at the highest CAGR in the country. Because they are simple to use and do not require any physical force to operate, touch-based switches are ideal for use in families with youngsters or the elderly, who might experience issues utilising conventional switches. Smart home automation systems can incorporate touch-based switches, allowing users to control lighting with voice commands or smartphones. In Colombia, where the smart home concept is gaining traction, this is a growing trend. Based on the application, it includes commercial, residential, and others (industrial, highways, public places, and architectural places). In Colombia, the residential sector is leading the market. In the future, the commercial sector will grow at the highest CAGR in the country. Colombia is experiencing significant growth in commercial construction, particularly in the hospitality and retail sectors. This is driving demand for lighting solutions that are energy-efficient, eco-friendly, and can be integrated with smart control systems.

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There are several start-ups in Colombia that are operating in the light and fixture control switch market. Luxom is a Colombian start-up that offers a range of lighting solutions, including smart control systems and LED lighting fixtures. Sylar Solutions is a Colombian company that specialises in the development of lighting control systems, including sensors, dimmers, and switches. Smart Live is a start-up that offers smart home automation solutions, including lighting control systems that can be controlled using smartphones and voice commands. E-llumi is a start-up that provides LED lighting fixtures and smart control systems that can be integrated with IoT technology. Based on the report, the switch solution segment includes standalone and integrated solutions. The standalone is leading the Colombian light and fixture control switch market. One of the main reasons is that standalone solutions are easy to install and operate, making them a popular choice for both residential and commercial applications. Also, stand-alone solutions are highly flexible, allowing users to easily customise and control their lighting systems based on their specific needs and preferences. For example, users can adjust the brightness levels, set timers, and programme the switches to turn on and off at specific times. Based on the distribution channel, it includes retail stores, institutions, supermarkets, hypermarkets, and online. Retail stores lead the light and fixture control switch market. Some of the top retail stores in Colombia are Homecenter, Falabella, Easy, Sodimac, Jumbo, and Exito. Considered in this report • Geography: Colombia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Kripa Shah

Senior Analyst

Aspects covered in this report • Colombia 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 By Product Type

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• 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.