The Lighting Contactors market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Lighting contactors are relay switches that control the flow of electricity through a circuit powering the lighting in a given area. They exist remotely and control circuits with higher voltages which can be dangerous to the operator, if controlled directly. A lighting contactor switch operates at a lower but safer load and controls the high voltage/current circuit using an electromagnet.
Governments across the world are working toward introducing regulations that encourage the adoption of energy-efficient lighting systems, with the eventual goal of mandating the use of such technology and completely phasing out old lighting systems. Moreover, lighting control systems integrated with dimmers and switches are playing an important role in reducing the energy consumption. Thus, the demand for lighting contactor is likely to increase with the rising adoption of lighting control systems.
In the global Lighting Contactors market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
ABB
Siemens
Acuity
Legrand
Rockwell Automation
Schnieder Electric
Eaton
Ripley Lighting Controls
Sprecher Schuh
Federal Electric
Hager
NSI Industries
Market Segment by Product Type
Electrically Held
Mechanically Held
Market Segment by Application
Indoor
Outdoor
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Lighting Contactors market for the forecast period 2020 - 2025?
• What are the driving forces in the Lighting Contactors market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Lighting Contactors industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?