Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Smart Switches Market by Type (Human Body Induction Switch, Wifi), By Application (Residential, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Smart Switches Market by Type (Human Body Induction Switch, Wifi), By Application (Residential, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155014 3300 IT & Telecom 377 241 Pages 4.6 (41)

Market Overview:

The global smart switches market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart home devices and the growing awareness about energy conservation among consumers. In addition, the development of innovative technologies that enable users to control various appliances through voice commands is also contributing to the growth of this market. The global smart switches market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into human body induction switch and wifi switch. The human body induction switch segment is expected to grow at a higher CAGR during the forecast period as it offers enhanced security features as compared to other types of switches available in the market. On the basis of application, it can be classified into residential and commercial segments.

Global Smart Switches Industry Outlook

Product Definition:

A Smart Switch is a network device that can be programmed to automatically make decisions about how to handle traffic on a network. A Smart Switch can be used to create policies for handling different types of traffic, such as voice, video or data.

Human Body Induction Switch:

Human Body Induction Switch (HBI) is a new technology that allows the user to control electronic devices by using only their body movements. The device uses electromagnetic induction to convert the motion of a person into electrical energy. It was initially developed for use in gaming controllers but has since been expanded for use in other applications such as medical and home appliances.

The human body induction switch can operate at frequencies between 5 kHz.


Wifi is wireless technology for communication between devices including smartphones, laptops, and other consumer electronics. It provides access to a network to users who are connected to an Access Point (AP), WLAN-enabled device or another wifi-enabled device via radio frequency (RF) waves. The global smart switches market is expected to witness significant growth over the forecast period owing to increasing demand for automation in commercial facilities such as hotels, hospitals & restaurants and industrial applications such as manufacturing plants.

Application Insights:

The commercial segment dominated the global smart switches market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for advanced communication systems, increasing number of connected devices, and rapid urbanization are driving the adoption of smart city infrastructure across various regions. In addition, favorable government initiatives to promote modern technologies such as e-governance, e-healthcare are further propelling industry growth.

The residential segment is expected to register a notable CAGR of XX% from 2018 to 2030 owing to rising demand for energy efficient products with enhanced features that offer convenience and ease-of-use. Furthermore, consumer preference for wireless technology owing to its benefits such as remote control operation along with high security standards adopted by consumers worldwide will drive product demand in this application segment over the forecast period.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing adoption of smart devices, such as light bulbs, thermostats and security systems, among others. Moreover, growing demand for connected homes in countries like the U.S.

Asia Pacific region accounted for a revenue share of more than 25% in 2017 owing to rising demand from developing countries such as China and India.

Growth Factors:

  • Increasing demand for smart and energy-efficient homes
  • Rising awareness about the benefits of using smart switches
  • Growing popularity of home automation and IoT technologies
  • Proliferation of affordable smart switch products
  • Increased government support for energy-efficiency initiatives

Scope Of The Report

Report Attributes

Report Details

Report Title

Smart Switches Market Research Report

By Type

Human Body Induction Switch, Wifi

By Application

Residential, Commercial

By Companies

Samsung, GE, Lnsteon, Cooper, Leviton, Lutron, Belkin, MI, Bull, Honeywell, PHILIPS, legrand, Siemens, Schneider, ABB, Panasonic, CHNT, Simon, iHome Systems

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Smart Switches Market Report Segments:

The global Smart Switches market is segmented on the basis of:


Human Body Induction Switch, Wifi

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.


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:

  1. Samsung
  2. GE
  3. Lnsteon
  4. Cooper
  5. Leviton
  6. Lutron
  7. Belkin
  8. MI
  9. Bull
  10. Honeywell
  12. legrand
  13. Siemens
  14. Schneider
  15. ABB
  16. Panasonic
  17. CHNT
  18. Simon
  19. iHome Systems

Global Smart Switches Market Overview

Highlights of The Smart Switches Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Human Body Induction Switch
    2. Wifi
  1. By Application:

    1. Residential
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Smart 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
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Smart Switches Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Smart Switches are a type of network switch that can be controlled and monitored remotely using a web-based interface. They offer features such as real-time monitoring, event logging, and performance analysis.

Some of the major companies in the smart switches market are Samsung, GE, Lnsteon, Cooper, Leviton, Lutron, Belkin, MI, Bull, Honeywell, PHILIPS, legrand, Siemens, Schneider, ABB, Panasonic, CHNT, Simon, iHome Systems.

The smart switches market is expected to register a CAGR of 10.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Smart Switches Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Smart Switches Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Smart Switches Market - Supply Chain
   4.5. Global Smart Switches Market Forecast
      4.5.1. Smart Switches Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Smart Switches Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Smart Switches Market Absolute $ Opportunity

5. Global Smart Switches Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Smart Switches Market Size and Volume Forecast by Type
      5.3.1. Human Body Induction Switch
      5.3.2. Wifi
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Smart Switches Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Smart Switches Market Size and Volume Forecast by Application
      6.3.1. Residential
      6.3.2. Commercial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Smart Switches Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Smart Switches Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Smart Switches Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Smart Switches Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Smart Switches Demand Share Forecast, 2019-2026

9. North America Smart Switches Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Smart Switches Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Smart Switches Market Size and Volume Forecast by Application
      9.4.1. Residential
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Smart Switches Market Size and Volume Forecast by Type
      9.7.1. Human Body Induction Switch
      9.7.2. Wifi
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Smart Switches Demand Share Forecast, 2019-2026

10. Latin America Smart Switches Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Smart Switches Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Smart Switches Market Size and Volume Forecast by Application
      10.4.1. Residential
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Smart Switches Market Size and Volume Forecast by Type
      10.7.1. Human Body Induction Switch
      10.7.2. Wifi
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Smart Switches Demand Share Forecast, 2019-2026

11. Europe Smart Switches Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Smart Switches Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Smart Switches Market Size and Volume Forecast by Application
      11.4.1. Residential
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Smart Switches Market Size and Volume Forecast by Type
      11.7.1. Human Body Induction Switch
      11.7.2. Wifi
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Smart Switches Demand Share, 2019-2026

12. Asia Pacific Smart Switches Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Smart Switches Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Smart Switches Market Size and Volume Forecast by Application
      12.4.1. Residential
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Smart Switches Market Size and Volume Forecast by Type
      12.7.1. Human Body Induction Switch
      12.7.2. Wifi
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Smart Switches Demand Share, 2019-2026

13. Middle East & Africa Smart Switches Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Smart Switches Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Smart Switches Market Size and Volume Forecast by Application
      13.4.1. Residential
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Smart Switches Market Size and Volume Forecast by Type
      13.7.1. Human Body Induction Switch
      13.7.2. Wifi
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Smart Switches Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Smart Switches Market: Market Share Analysis
   14.2. Smart Switches Distributors and Customers
   14.3. Smart Switches Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Samsung Overview Financials Developments Strategic Outlook
      14.4.2. GE Overview Financials Developments Strategic Outlook
      14.4.3. Lnsteon Overview Financials Developments Strategic Outlook
      14.4.4. Cooper Overview Financials Developments Strategic Outlook
      14.4.5. Leviton Overview Financials Developments Strategic Outlook
      14.4.6. Lutron Overview Financials Developments Strategic Outlook
      14.4.7. Belkin Overview Financials Developments Strategic Outlook
      14.4.8. MI Overview Financials Developments Strategic Outlook
      14.4.9. Bull Overview Financials Developments Strategic Outlook
      14.4.10. Honeywell Overview Financials Developments Strategic Outlook
      14.4.11. PHILIPS Overview Financials Developments Strategic Outlook
      14.4.12. legrand Overview Financials Developments Strategic Outlook
      14.4.13. Siemens Overview Financials Developments Strategic Outlook
      14.4.14. Schneider Overview Financials Developments Strategic Outlook
      14.4.15. ABB Overview Financials Developments Strategic Outlook
      14.4.16. Panasonic Overview Financials Developments Strategic Outlook
      14.4.17. CHNT Overview Financials Developments Strategic Outlook
      14.4.18. Simon Overview Financials Developments Strategic Outlook
      14.4.19. iHome Systems Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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