Dimmers Market Overview, Business Opportunities future, growth 2027

 Market Analysis

Market Research Future (MRFR) presumes the global dimmers market size to reach USD 29.81 Billion at a CAGR of 16.6% from 2020 to 2027 (forecast period). 

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Market Segmentation

The global Dimmers Market has been segmented based on type, control, product, connectivity, application, and region.

By type, the global dimmers market has been segmented into universal, incandescent/halogen, electronic low voltage (ELV), magnetic low voltage (MLV), high wattage dimmers, and others.

By control, the global dimmers market has been segmented into single-pole dimming, three-way dimming, and others.

By product, the global dimmers market has been segmented into slide, rotary, toggle, touch, tabletop, and others.

By connectivity, the global dimmers market has been segmented into wired dimmers and wireless dimmers.

By application, the global dimmers market has been segmented into residential, commercial, and industrial.

Regional Analysis

Europe to Dominate the Global Market

In 2018, Europe dominated the dimmers market among the major regions. Governments in different European nations have launched smart city initiatives to provide cities and municipalities with unparalleled growth potential, using emerging technologies to create advanced, connected, and secure solutions.

Key Players

The key players in the global dimmers market are recognized across all the major regions based on their country of origin, presence, new key developments, product diversification, and industry expertise. Some of them are Acuity Brands Inc (US), Hubbell Control Solutions (US), Signify (Philips Lighting) (Netherlands), Lutron Electronics Inc (US), Leviton Manufacturing Company Inc (US), OSRAM Licht AG (Germany), Cooper Controls (Eaton) (Ireland), ABB Limited (Sweden), Cree Inc (US), GE Lighting (US), LSI Industries Inc (US), Echelon Corporation (US), Caribe Corporation (US), and Gardasoft Vision Ltd (UK).

Competitive Landscape

The presence of various global vendors distinguishes the global dimmers market. The rivalry for market shares among the existing players is fierce. Cost, quality, accuracy, and dependability of products are some of the factors that enable vendors to thrive in a highly competitive industry. Furthermore, technical improvements for dimmer adoption are projected to drive the dimmers market throughout the forecast period.

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