Market Overview:
The global lighting time switches market is segmented on the basis of type, application and region. The type segment is further divided into 0-30min, 0-2h, 0-6h, 0-12h and others. The application segment is classified into residential, industrial and commercial. The regional segments are North America, Latin America, Europe Asia Pacific and Middle East & Africa. The global lighting time switches market is expected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. Some of the major factors that are driving the growth of this market include increasing demand for energy efficient lighting systems and rising awareness about energy conservation among consumers. Additionally, government initiatives towards promoting energy efficiency in buildings are also contributing to the growth of this market.
Product Definition:
A lighting time switch is a device used to control when a light is turned on and off. It can be used to turn on lights at certain times of the day or it can be used to turn lights off after a certain amount of time.
0-30min:
0-30min is a new range of time switches by SAVI that provide accurate switching times with high durability. It has advanced features such as low battery consumption, low noise operation and wide operating temperature range from -40 to +60 degrees Celsius. The product also provides an extensive coverage for both indoor and outdoor applications owing to its IP65 rating, making it dustproof and water resistant.
0-2h:
0-2h is a group of high-performance electronic components, which are used in lighting time switches. It includes NAND flash memory and DRAMs (Dynamic Random Access Memory). These two components work together as an excellent team to provide fast switching times. The working principle behind it is that the data stored in the flash memory gets replaced with new data during the first two hours after power up.
Application Insights:
The commercial application segment accounted for the largest share of more than 50.0% in 2017 and is projected to witness significant growth over the forecast period. Increasing use of lighting time switches in warehouses, manufacturing facilities, retail stores and offices, hospitals and clinics as well as airports is expected to drive the segment growth over the forecast period.
The residential sector is also anticipated to witness considerable growth owing to increasing demand for energy-efficient products across various regions including Asia Pacific and Middle East & Africa countries. Lighting timers are considered as one of the most effective ways of saving electricity along with other forms of energy management such as power factor correction devices that improve overall electrical efficiency across homes globally.
Regional Analysis:
North America dominated the global lighting time switches market in 2017. The region is expected to maintain its position over the forecast period. Increasing awareness regarding energy conservation, growing preference for on-demand services and rising demand for smart solutions are some of the major factors driving growth in this region. Europe also held a significant share of global revenue in 2017 owing to increasing adoption by commercial establishments such as offices, hotels, restaurants and malls among others.
The Middle East & Africa (MEA) region is anticipated have promising growth opportunities due both industrial.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of using lighting time switches
- Growing popularity of smart home technologies
- Proliferation of internet-of-things (IoT) devices and platforms
- Emerging applications for lighting time switches in commercial and industrial settings
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Time Switches Market Research Report
By Type
0-30min, 0-2h, 0-6h, 0-12h, Others
By Application
Residential, Industrial, Commercial
By Companies
Grasslin, Schneider Electric, ABB, Panasonic, Muller, Dold, Finder, Kerde, Legrand, Theben
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Time Switches Market Report Segments:
The global Lighting Time Switches market is segmented on the basis of:
Types
0-30min, 0-2h, 0-6h, 0-12h, Others
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, Industrial, 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:
- Grasslin
- Schneider Electric
- ABB
- Panasonic
- Muller
- Dold
- Finder
- Kerde
- Legrand
- Theben
Highlights of The Lighting Time Switches 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:
- 0-30min
- 0-2h
- 0-6h
- 0-12h
- Others
- By Application:
- Residential
- Industrial
- 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 Lighting Time Switches 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
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- 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?
Lighting time switches are a type of timer switch that allow you to control the amount of time that a light stays on. They come in various shapes and sizes, and can be used in a variety of applications.
Some of the major companies in the lighting time switches market are Grasslin, Schneider Electric, ABB, Panasonic, Muller, Dold, Finder, Kerde, Legrand, Theben.
The lighting time switches market is expected to grow at a compound annual growth rate of 5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lighting Time Switches 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 Time Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lighting Time Switches 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 Time Switches 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 Time Switches Market Size & Forecast, 2020-2028
4.5.1 Lighting Time Switches Market Size and Y-o-Y Growth
4.5.2 Lighting Time Switches 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 0-30min
5.2.2 0-2h
5.2.3 0-6h
5.2.4 0-12h
5.2.5 Others
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 Industrial
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lighting Time Switches 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 Time Switches 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 0-30min
9.6.2 0-2h
9.6.3 0-6h
9.6.4 0-12h
9.6.5 Others
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 Industrial
9.10.3 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 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 0-30min
10.6.2 0-2h
10.6.3 0-6h
10.6.4 0-12h
10.6.5 Others
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 Industrial
10.10.3 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 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 0-30min
11.6.2 0-2h
11.6.3 0-6h
11.6.4 0-12h
11.6.5 Others
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 Industrial
11.10.3 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 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 0-30min
12.6.2 0-2h
12.6.3 0-6h
12.6.4 0-12h
12.6.5 Others
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 Industrial
12.10.3 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) 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 0-30min
13.6.2 0-2h
13.6.3 0-6h
13.6.4 0-12h
13.6.5 Others
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 Industrial
13.10.3 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 Lighting Time Switches Market: Competitive Dashboard
14.2 Global Lighting Time Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grasslin
14.3.2 Schneider Electric
14.3.3 ABB
14.3.4 Panasonic
14.3.5 Muller
14.3.6 Dold
14.3.7 Finder
14.3.8 Kerde
14.3.9 Legrand
14.3.10 Theben
