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Lighting Contactor Market

Lighting Contactor Market Forecasts to 2028 – Global Analysis By Type (Mechanically Held, Electrically Held, Multi-Pole Lighting Contactor, Combination Lighting Contactor, Feeder Disconnect Lighting Contactor) and By Geography

4.7 (99 reviews)
Published: November 2021 ID: SMRC21138
4.7 (99 reviews)
Published: November 2021 ID: SMRC21138

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Lighting Contactor Market is accounted for $871.71 million in 2020 and is expected to reach $1,937.63 million by 2028 growing at a CAGR of 10.5% during the forecast period. Factors such as rising adoption of Internet of Thing (IoT) in the lighting industry, increasing demand for smart control and growing need of energy-efficient lighting are driving the growth of the market. However, high installation cost is hampering the growth of the market.

Lighting contactors is a relay switch that regulates the flow of electricity through a circuit powering the lighting in a given area. A lighting contactor switch runs at a lower but safer load and controls the high voltage/current circuit using an electromagnet.

Based on the end user, the commercial segment is anticipated to expand at a rapid pace during the forecast period due to the rising need for energy efficiency for various commercial set ups. By geography, Europe is going to have high growth during the forecast period which can be attributed to the prevalence green city projects which focuses on energy efficiency.

Some of the key players profiled in the Lighting Contactor Market include ABB, General Electric, Siemens, Schneider Electric, Rockwell Automation, Eaton, Schlumberger, Danfoss, Legrand, NSI Industries, Hager, and Acuity. 

Types Covered:
• Mechanically Held
• Electrically Held
• Multi-Pole Lighting Contactor
• Combination Lighting Contactor
• Feeder Disconnect Lighting Contactor

Lighting Loads Covered:
• Tungsten Filament Lighting Loads
• Electric Discharge Lighting Loads (Ballast)   

Applications Covered:
• Indoor
• Outdoor

End Users Covered:
• Residential (Smart Residential Complexes)
• Commercial
• Industrial
• Municipal (Public)

Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

 

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