Middle East and Africa Light Control Switches Market Growth and Analysis by 2028
Middle East and Africa Light Control Switches Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Switch Solution (Standalone Switch Solution and Integrated Switch Solution), Connection Type (Wired and Wireless), and End User (Commercial, Residential, Industrial, and Public Utilities)
- Status : Published
- Report Code : TIPRE00029180
- Category : Electronics and Semiconductor
- No. of Pages : 108
- Available Report Formats :
- Last update date : May 16, 2022
2021 Market Size
US$ 454.54 Mn
Base year value
2028 Forecast
US$ 714.19 Mn
Projected by 2028
CAGR 2022-2028
6.7 %
Growth rate
Addressable Market
US$ 4,158.86 Mn
(2022-2028)
The light control switches market in Middle East & Africa is expected to grow from US$ 454.54 million in 2021 to US$ 714.19 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.
The continuously growing demand for light control switches compelled the market players to raise investments in developing new and innovative product offerings. The major product development, such as LEGRAND SA, in March 2022, expanded its product portfolio with the launch of new radiant wave switches. These switches, available in 15A and 20A variants, provide a straightforward, streamlined solution for improving cleaning processes in commercial and residential settings. Users may enable gesture control options for turning lights or motorized equipment, such as garbage disposals, on and off without touching the switches. Such advancements in light control switches, supported by high investments made by the manufacturers to enhance their product portfolio and innovate products as per customer changing requirements, are contributing to the growth of the light control switches market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa light control switches market at a substantial CAGR during the forecast period.
Middle East & Africa Light Control Switches Market Revenue and Forecast to 2028 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Middle East & Africa Light Control Switches Market Segmentation
The Middle East & Africa light control switches market is segmented on the basis of switch solution, connection type, end user, and country. Based on switch solution, the market is segmented into standalone switch solution and integrated switch solution. In 2020, the standalone switch solution segment held a larger market share; however, integrated switch solution is expected to register a higher CAGR during the forecast period. Based on connection type, the market is segmented into wired and wireless. In 2020, the wired segment held a larger market share; however, the wireless segment is expected to register a higher CAGR during the forecast period. Based on end user, the market is segmented into commercial, residential, industrial, and public utility. In 2020, the residential segment held the largest market share; however, the commercial segment is expected to register the highest CAGR during the forecast period. Further, based on country, the Middle East & Africa light control switches market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. In 2020, the UAE held the largest market share; and is expected to grow at the fastest CAGR during the forecast period.
Eaton; Honeywell International Inc.; LEGRAND SA; Leviton Manufacturing Co., Inc.; Lutron Electronics Co., Inc.; OSRAM GmbH; Panasonic Corporation; Schneider Electric SE; and Helvar are among the leading companies in the Middle East & Africa light control switches market.
Middle East and Africa Light Control Switches Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 454.54 Million |
| Market Size by 2028 | US$ 714.19 Million |
| CAGR (2021 - 2028) | 6.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Switch Solution
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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