Market Overview:
The global dimmer and color tunable product market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting products, rising awareness about the benefits of using dimmable and color tunable lights, and growing demand for smart lighting products. The global dimmer and color tunable product market is segmented on the basis of type into incandescent and halogen, fluorescent, LED, HID, and others. The LED segment is expected to grow at the highest CAGR during the forecast period owing to its high efficiency as well as low power consumption. In terms of application, the residential sector is expected to hold a major share of the global dimmer and color tunable product market during the forecast period followed by commercial applications.
Product Definition:
A dimmer is a device used to control the brightness of a light. A color tunable product is a device that can change the color of light emitted from it. Both dimmers and color tunable products are important because they allow users to customize the lighting in their home or office to better suit their needs.
Incandescent and Halogen:
Incandescent and halogen are two types of lighting sources widely used in the global market. Incandescent lamps produce light by heating a filament to very high temperatures (over 2,700°C), which causes it to give off light continuously.
Fluorescent:
Fluorescent lamps are electronic light sources that produce light by the process of fluorescence. The most commonly used fluorescent lamp is the cold-cathode fluorescent lamp (CCFL). They have a gas filled glass tube with a coating of phosphor across the top. As electricity passes through this coating, it produces visible light.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growing requirement for dimming and color-tuning products in offices, retail stores, hospitals, educational institutions and hotels is expected to drive product demand over the forecast period. Furthermore, increasing R&D investments by major manufacturers for developing advanced products with better features is projected to fuel industry growth during the study period.
The residential application segment was valued at USD 446 million in 2017 owing to rising adoption of LED light bulbs with features such as dimming capability and color-changing lights that appeal more than traditional incandescent or fluorescent bulbs do. Moreover, consumers are inclined toward smart lighting solutions as they offer convenience along with improved aesthetic appeal in their homes which further propels market growth during the estimated time frame.
Regional Analysis:
Asia Pacific region dominated the global dimmer and color tunable product market in 2017. The growth is attributed to increasing demand for energy-efficient lighting solutions coupled with growing awareness regarding COVID-19. Increasing number of residential and commercial construction projects are also expected to drive the regional demand over the forecast period.
The North America region is anticipated to witness significant growth over the next eight years owing to rising adoption of LED technology across various end-use industries, such as automotive, industrial, retail, hospitality, etc., especially in U.S., Canada and Mexico cities.
Growth Factors:
- Increasing demand for energy-efficient lighting products
- Rising awareness about the health benefits of using LED lights
- Technological advancements in LED lighting products
- Growing popularity of smart home devices and IoT-enabled lighting systems
- Regulatory mandates for energy-efficient lighting products
Scope Of The Report
Report Attributes
Report Details
Report Title
Dimmer and Color Tunable Product Market Research Report
By Type
Incandescent and Halogen, Fluorescent, LED, HID
By Application
Residential, Commercial
By Companies
Philips, Schneider Electric, ABB, GE, Panasonic, Legrand, Osram, Honeywell International, Acuity Brands Lighting, Eaton, Hubbell Lighting, Lutron Electronics, Leviton, Lite-Puter Enterprise
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Dimmer and Color Tunable Product Market Report Segments:
The global Dimmer and Color Tunable Product market is segmented on the basis of:
Types
Incandescent and Halogen, Fluorescent, LED, HID
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Schneider Electric
- ABB
- GE
- Panasonic
- Legrand
- Osram
- Honeywell International
- Acuity Brands Lighting
- Eaton
- Hubbell Lighting
- Lutron Electronics
- Leviton
- Lite-Puter Enterprise
Highlights of The Dimmer and Color Tunable Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Incandescent and Halogen
- Fluorescent
- LED
- HID
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dimmer and Color Tunable Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dimmer and color tunable products are electronic devices that allow you to change the brightness or color of a light.
Some of the major players in the dimmer and color tunable product market are Philips, Schneider Electric, ABB, GE, Panasonic, Legrand, Osram, Honeywell International, Acuity Brands Lighting, Eaton, Hubbell Lighting, Lutron Electronics, Leviton, Lite-Puter Enterprise.
The dimmer and color tunable product market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dimmer and Color Tunable Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dimmer and Color Tunable Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dimmer and Color Tunable Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dimmer and Color Tunable Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dimmer and Color Tunable Product Market Size & Forecast, 2018-2028
4.5.1 Dimmer and Color Tunable Product Market Size and Y-o-Y Growth
4.5.2 Dimmer and Color Tunable Product Market Absolute $ Opportunity
Chapter 5 Global Dimmer and Color Tunable Product Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dimmer and Color Tunable Product Market Size Forecast by Type
5.2.1 Incandescent and Halogen
5.2.2 Fluorescent
5.2.3 LED
5.2.4 HID
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dimmer and Color Tunable Product Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dimmer and Color Tunable Product Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dimmer and Color Tunable Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dimmer and Color Tunable Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dimmer and Color Tunable Product Analysis and Forecast
9.1 Introduction
9.2 North America Dimmer and Color Tunable Product Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dimmer and Color Tunable Product Market Size Forecast by Type
9.6.1 Incandescent and Halogen
9.6.2 Fluorescent
9.6.3 LED
9.6.4 HID
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dimmer and Color Tunable Product Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dimmer and Color Tunable Product Analysis and Forecast
10.1 Introduction
10.2 Europe Dimmer and Color Tunable Product Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dimmer and Color Tunable Product Market Size Forecast by Type
10.6.1 Incandescent and Halogen
10.6.2 Fluorescent
10.6.3 LED
10.6.4 HID
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dimmer and Color Tunable Product Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dimmer and Color Tunable Product Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dimmer and Color Tunable Product Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dimmer and Color Tunable Product Market Size Forecast by Type
11.6.1 Incandescent and Halogen
11.6.2 Fluorescent
11.6.3 LED
11.6.4 HID
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dimmer and Color Tunable Product Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dimmer and Color Tunable Product Analysis and Forecast
12.1 Introduction
12.2 Latin America Dimmer and Color Tunable Product Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dimmer and Color Tunable Product Market Size Forecast by Type
12.6.1 Incandescent and Halogen
12.6.2 Fluorescent
12.6.3 LED
12.6.4 HID
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dimmer and Color Tunable Product Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dimmer and Color Tunable Product Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dimmer and Color Tunable Product Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dimmer and Color Tunable Product Market Size Forecast by Type
13.6.1 Incandescent and Halogen
13.6.2 Fluorescent
13.6.3 LED
13.6.4 HID
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dimmer and Color Tunable Product Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dimmer and Color Tunable Product Market: Competitive Dashboard
14.2 Global Dimmer and Color Tunable Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Schneider Electric
14.3.3 ABB
14.3.4 GE
14.3.5 Panasonic
14.3.6 Legrand
14.3.7 Osram
14.3.8 Honeywell International
14.3.9 Acuity Brands Lighting
14.3.10 Eaton
14.3.11 Hubbell Lighting
14.3.12 Lutron Electronics
14.3.13 Leviton
14.3.14 Lite-Puter Enterprise
