Market Overview:
The global lighting control relay panel market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting systems, growing awareness about energy conservation, and rising adoption of LED lights. Based on type, the global lighting control relay panel market is segmented into 8 relay, 16 relay, 32 relay, and 48 relay panels. Among these segments, the 16-relay panel segment is expected to witness highest growth during the forecast period owing to its ability to manage a large number of lights simultaneously. Based on application, the global lighting control relay panel market is segmented into residential applications; office applications; hospital applications; school applications; transport station applications; industrial applications; and other Applications such as amusement parks and stadiums etc.).
Product Definition:
A lighting control relay panel is a component of a building's electrical system that is used to control the flow of electricity to lights. It is important because it allows for greater flexibility and convenience when it comes to controlling the lighting in a building. For example, with a relay panel, you can have different groups of lights turn on or off independently from one another.
8 Relay:
8 relay is a group of electrical components used to make an electrical circuit with eight conductors. It has many applications in the household and industrial segments. 8-relay can be used as a dimmer switch, normally open/ normally closed switch, or as an electric outlet.
16 Relay:
16 relay is a type of electrical switch which has only two terminals connected to the device. It is widely used in applications such as security systems, home appliances, and automotive. The major benefit associated with this product is that it can handle high amperage loads and provide a short switching time duration which makes it suitable for use in lighting control applications.
Application Insights:
The office application segment led the global lighting control relay panel market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for energy-efficient solutions, which are in line with regulatory requirements regarding usage of HVAC systems. Furthermore, growing investments by companies for developing their offices into smart spaces is expected to drive the market over the coming years.
The residential application segment accounted for more than 40% share of total revenue in 2017 and is anticipated to witness significant growth during the forecast period owing to rising awareness among consumers regarding controlling lighting from a smartphone app or via remote control through Wi-Fi or Bluetooth connectivity option provided by LED light bulbs connected with dimmers or switches controlled by mobile apps installed on smartphones running Android OS version 4.4 (KitKat).
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to growing adoption of automation and convenience products in commercial sectors such as offices, hospitals, schools, hotels and restaurants. Lighting control relay panels are used for controlling various types of lights including incandescent bulbs, fluorescent lamps, LED lightings among others based on a set schedule or remotely by using an app on smartphones. This has led to increasing demand from residential as well as other commercial applications across North America.
Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR exceeding 6% during the forecast years due to rapid urbanization along with increasing number of construction activities especially in developing countries such as India and China among others will drive industry growth over next few years.
Growth Factors:
- Increasing demand for energy-efficient lighting systems
- Growing awareness about the benefits of using lighting control relay panels
- Rising number of construction projects and renovation activities worldwide
- Proliferation of smart buildings and homes
- Technological advancements in the field of lighting control relay panels
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Control Relay Panel Market Research Report
By Type
8 Relay, 16 Relay, 32 Relay, 48 Relay
By Application
Residential, Office, Hospital, Schools, Transport Station, Industrial, Others
By Companies
EATON, Legrand, Leviton, Hubbell Control Solutions (HCS), GE, LynTec, Acuity Brands Lighting
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Control Relay Panel Market Report Segments:
The global Lighting Control Relay Panel market is segmented on the basis of:
Types
8 Relay, 16 Relay, 32 Relay, 48 Relay
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, Office, Hospital, Schools, Transport Station, Industrial, Others
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:
- EATON
- Legrand
- Leviton
- Hubbell Control Solutions (HCS)
- GE
- LynTec
- Acuity Brands Lighting
Highlights of The Lighting Control Relay Panel 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:
- 8 Relay
- 16 Relay
- 32 Relay
- 48 Relay
- By Application:
- Residential
- Office
- Hospital
- Schools
- Transport Station
- Industrial
- Others
- 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 Lighting Control Relay Panel 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
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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?
A Lighting Control Relay Panel is a type of electrical panel that controls the operation and function of lighting in an area. The panel typically includes switches, relays, and other components to control the power to individual light fixtures.
Some of the major players in the lighting control relay panel market are EATON, Legrand, Leviton, Hubbell Control Solutions (HCS), GE, LynTec, Acuity Brands Lighting.
The lighting control relay panel market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lighting Control Relay Panel 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 Lighting Control Relay Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lighting Control Relay Panel 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 Lighting Control Relay Panel 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 Lighting Control Relay Panel Market Size & Forecast, 2020-2028
4.5.1 Lighting Control Relay Panel Market Size and Y-o-Y Growth
4.5.2 Lighting Control Relay Panel Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 8 Relay
5.2.2 16 Relay
5.2.3 32 Relay
5.2.4 48 Relay
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Office
6.2.3 Hospital
6.2.4 Schools
6.2.5 Transport Station
6.2.6 Industrial
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lighting Control Relay Panel 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 Lighting Control Relay Panel 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 8 Relay
9.6.2 16 Relay
9.6.3 32 Relay
9.6.4 48 Relay
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 Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Office
9.10.3 Hospital
9.10.4 Schools
9.10.5 Transport Station
9.10.6 Industrial
9.10.7 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 8 Relay
10.6.2 16 Relay
10.6.3 32 Relay
10.6.4 48 Relay
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 Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Office
10.10.3 Hospital
10.10.4 Schools
10.10.5 Transport Station
10.10.6 Industrial
10.10.7 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 8 Relay
11.6.2 16 Relay
11.6.3 32 Relay
11.6.4 48 Relay
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 Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Office
11.10.3 Hospital
11.10.4 Schools
11.10.5 Transport Station
11.10.6 Industrial
11.10.7 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 8 Relay
12.6.2 16 Relay
12.6.3 32 Relay
12.6.4 48 Relay
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 Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Office
12.10.3 Hospital
12.10.4 Schools
12.10.5 Transport Station
12.10.6 Industrial
12.10.7 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 8 Relay
13.6.2 16 Relay
13.6.3 32 Relay
13.6.4 48 Relay
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) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Office
13.10.3 Hospital
13.10.4 Schools
13.10.5 Transport Station
13.10.6 Industrial
13.10.7 Others
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 Lighting Control Relay Panel Market: Competitive Dashboard
14.2 Global Lighting Control Relay Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EATON
14.3.2 Legrand
14.3.3 Leviton
14.3.4 Hubbell Control Solutions (HCS)
14.3.5 GE
14.3.6 LynTec
14.3.7 Acuity Brands Lighting
