The lighting contactor market is expected to grow from US$ 895.62 million in 2022 to US$ 1,479.39 million by 2028; it is estimated to grow at a CAGR of 8.7% from 2022 to 2028.
Lighting contactor is developed as a safe, convenient means of switching tungsten filament or ballast lamp loads. Lighting contactors are also developed for other loads, such as low-pressure and high-pressure sodium lamp loads. The contactor is provided for simple control schemes or as an integral component in smart lighting control systems. Lighting contactors are used when there is a need for remote, reliable, and convenient control of indoor and outdoor lighting. The adoption of smart lighting systems is growing rapidly, and it is successfully transforming the definition and the scope of lighting technology. The energy-efficient lightings provide high-quality with a longer lifespan. Usage of contactors offers isolation from high electric currents, acting as a protection for workers and equipment. Two standards offer lighting contactors: International Electrotechnical Commission (IEC) Contactors, and National Electrical Manufacturers Association (NEMA) contactors. IEC Contactors are relatively smaller and are offered in a variety of sizes. On the other hand, NEMA contactors are larger in size with safety features.
Smart lightings can be fixed into the existing sockets and controlled with the help of a mobile phone. These lights respond to motion, voice commands, or location. Smart switches can turn lights on and off, whereas smart dimmers can adjust light brightness levels. With the increasing disposable incomes, people are shifting toward smart homes. More than 35% of households in the US have smart homes. A smart home includes all the electronic appliances, such as lights, that runs on either internet, sensor, hand gestures, or voice command. Schréder; General Electric Company; and Cree, Inc. are among the providers of smart lighting solutions. Strategic developments, such as product launches and regional expansions, implemented by these companies are contributing towards the lighting contactor market growth. In July 2021, SmartLabs, a smart lighting and electric control provider, announced the launch of its Nokia Smart Lighting.
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Lighting Contactor Market: Strategic Insights
Market Size Value in US$ 895.62 Million in 2022 Market Size Value by US$ 1,479.39 million by 2028 Growth rate CAGR of 8.7% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Lighting Contactor Market: Strategic Insights
| Market Size Value in | US$ 895.62 Million in 2022 |
| Market Size Value by | US$ 1,479.39 million by 2028 |
| Growth rate | CAGR of 8.7% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Lighting Contactor Market
Due to rapid urbanization and rising population, especially in China, India, and Southeast Asian countries, and the increasing government initiatives toward clean energy, the lighting contactor market witnessed an uprising in 2021, compared to 2020. In October 2021, the US Agency for International Development (USAID) announced a five-year and US$ 49 million worth initiative—the South Asia Regional Energy Partnership (SAREP)—in collaboration with Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka for affordable and sustainable energy. This development directly impacts the increase in smart lighting solutions for energy efficiency and reducing carbon emissions. Advancements in smart lighting solutions are expected to fuel the lighting contactor market growth in the APAC region during the forecast period.
Lucrative Regions for Lighting Contactor Market
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Market Insights – Lighting Contactor Market
North America led the global lighting contactor market share in 2021. The huge presence of lighting contactor manufacturers, such as Acuity, Rockwell Automation, and Automation Direct, across the region is one of the factors contributing to the lighting contactor market growth in North America. Moreover, the adoption of streetlight monitoring and controlling with IoT are increasing. Many cities are already working to install smart streetlights; some have already begun the installation of smart lighting systems in North America. For the upgradation of the existing lighting system with a new smart lighting system, governments can opt for diverse smart street lighting control systems and streetlight remote control software solutions to establish connected street lighting infrastructures. Contactors are incorporated with the lamp driver and power cabinets in such lighting systems.
Technological advancements from major players in the lighting industry is expected to increase the demand for lighting contactors in the US. In July 2021, American Lighting introduced its new product type in whole home smart lighting for residential indoor applications. Moreover, in October 2021, Nokia announced the launch of its first smart lighting in the US. The lineup consists of IoT-powered lighting and electrical control types with high-end design, advanced technology, and wide-ranging capabilities at a reasonable price. The types of smart lighting are offered for residential and commercial applications. With prospects in the residential, commercial, and industrial sectors, the lighting contactors would have great opportunities for their utilization in the lighting control segment during the forecast period.
Type-Based Insights
Based on type, the lighting contactor market is bifurcated into electrically held and mechanically held. The electrically held segment held a larger lighting contactor market share in 2021 and is anticipated to register a higher CAGR during the forecast period. The need for energy efficiency across the globe increased the adoption of legislation to encourage the use of energy-efficient gadgets that provide lower energy usage and cost efficiency, which is expected to boost the market growth for the electrically held segment. In July 2021, TE Connectivity unveiled a small but powerful high-voltage contactor for fulfilling defense, marine, commercial, and military aerospace application requirements with latching coils and reduced power consumption.
ABB Limited; Eaton Corporation; Hager Group; Hitachi Industrial equipment systems Co., ltd; Larsen and Toubro Ltd; NSI Industries, LLC; Ripley Lighting Controls; Rockwell Automation, Inc; Schneider Electric SE; and Siemens AG are among the companies profiled in the lighting contactor market study. In addition, multiple prominent global and regional companies, emerging players, market disruptors, and niche market players were analyzed during the lighting contactor market study.
The lighting contactor market players are majorly adopting the strategy of market initiatives, which involves the expansion of footprint across the world and meeting the surge in customer demand. The market players are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.
- In 2022, Iskra,d.o.o. announced that it is participating in an exhibition organized by Light+Building to showcase its contactor.
- In 2020, NOARK Electric launched NOARK Ex9CA Safety Contactor. The contactor is designed for the use in safety function applications, including E-stops, light curtains, safety gates, and safety interlocks.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, End-User, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global lighting contactor market was valued USD 895.62 million in 2022
Penetration of IoT in lighting control systems and smart lighting solutions are major driving factors contributing towards the growth of lighting contactor market.
The increasing trend of horticulture lights is one of the major trends anticipated to propel the market growth during the forecast period.
ABB Limited; Eaton Corporation; Rockwell Automation, Inc; Schneider Electric SE; and Siemens AG are the five key market players operating in the global lighting contactor market.
China holds the major market share of lighting contactor market in 2022.
Commercial segment held the largest share in lighting contactor market. The constantly rising investment in commercial infrastructures such as shopping malls, healthcare centers, and office premises are increasing the demand for lighting solutions and switches over the years.
US, Germany, China, India, UAE, and Brazil are registering a high growth rate during the forecast period.
By 2028, the global market size of electric control panel market will be USD 1,479.39 Million.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Lighting Contactor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Lighting Contactor Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Penetration of IoT in Lighting Control Systems
5.1.2 Smart Lighting Solutions Boosts Market Growth
5.2 Market Restraints
5.2.1 Rising Usage of Portable Lights
5.3 Market Opportunities
5.3.1 Government Initiatives to Fuel Lighting Contactor Uptake
5.4 Future Trends
5.4.1 Increasing Trend of Horticulture Lights
5.5 Impact Analysis of Drivers and Restraints
6. Lighting Contactor Market – Global Market Analysis
6.1 Global Lighting Contactor Market Overview
6.2 Global Lighting Contactor Market Revenue Forecast and Analysis
6.3 Global Lighting Contactor Market Volume Forecast and Analysis
6.4 Market Positioning
6.5 Growth Matrix
6.6 Competitive Benchmarking
7. Lighting Contactor Market Analysis – By Type
7.1 Overview
7.2 Lighting Contactor Market, By Type (2021 and 2028)
7.3 Electrically Held
7.3.1 Overview
7.3.2 Electrically Held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Mechanically Held
7.4.1 Overview
7.4.2 Mechanically Held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
8. Lighting Contactor Market Analysis – By End-User
8.1 Overview
8.2 Lighting Contactor Market, By End-User (2021 and 2028)
8.3 Commercial
8.3.1 Overview
8.3.2 Commercial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Residential
8.4.1 Overview
8.4.2 Residential: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
9. Lighting Contactor Market Analysis – By Application
9.1 Overview
9.2 Lighting Contactor Market, By Application (2021 and 2028)
9.3 Indoor
9.3.1 Overview
9.3.2 Indoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Outdoor
9.4.1 Overview
9.4.2 Outdoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10. Lighting Contactor Market – Geographic Analysis
10.1 Overview
10.2 North America: Lighting Contactor Market
10.2.1 North America: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Lighting Contactor Market, By Type
10.2.3 North America: Lighting Contactor Market, By End-User
10.2.4 North America: Lighting Contactor Market, By Application
10.2.5 North America: Lighting Contactor Market, By Country
10.2.5.1 US: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Lighting Contactor Market, By Type
10.2.5.1.2 US: Lighting Contactor Market, By End-User
10.2.5.1.3 US: Lighting Contactor Market, By Application
10.2.5.2 Canada: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Lighting Contactor Market, By Type
10.2.5.2.2 Canada: Lighting Contactor Market, By End-User
10.2.5.2.3 Canada: Lighting Contactor Market, By Application
10.2.5.3 Mexico: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Lighting Contactor Market, By Type
10.2.5.3.2 Mexico: Lighting Contactor Market, By End-User
10.2.5.3.3 Mexico: Lighting Contactor Market, By Application
10.3 Europe: Lighting Contactor Market
10.3.1 Europe: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Lighting Contactor Market, By Type
10.3.3 Europe: Lighting Contactor Market, By End-User
10.3.4 Europe: Lighting Contactor Market, By Application
10.3.5 Europe: Lighting Contactor Market, By Country
10.3.5.1 Germany: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Lighting Contactor Market, By Type
10.3.5.1.2 Germany: Lighting Contactor Market, By End-User
10.3.5.1.3 Germany: Lighting Contactor Market, By Application
10.3.5.2 France: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Lighting Contactor Market, By Type
10.3.5.2.2 France: Lighting Contactor Market, By End-User
10.3.5.2.3 France: Lighting Contactor Market, By Application
10.3.5.3 Italy: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Lighting Contactor Market, By Type
10.3.5.3.2 Italy: Lighting Contactor Market, By End-User
10.3.5.3.3 Italy: Lighting Contactor Market, By Application
10.3.5.4 UK: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Lighting Contactor Market, By Type
10.3.5.4.2 UK: Lighting Contactor Market, By End-User
10.3.5.4.3 UK: Lighting Contactor Market, By Application
10.3.5.5 Russia: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Lighting Contactor Market, By Type
10.3.5.5.2 Russia: Lighting Contactor Market, By End-User
10.3.5.5.3 Russia: Lighting Contactor Market, By Application
10.3.5.6 Rest of Europe: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Lighting Contactor Market, By Type
10.3.5.6.2 Rest of Europe: Lighting Contactor Market, By End-User
10.3.5.6.3 Rest of Europe: Lighting Contactor Market, By Application
10.4 APAC: Lighting Contactor Market
10.4.1 APAC: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Lighting Contactor Market, By Type
10.4.3 APAC: Lighting Contactor Market, By End-User
10.4.4 APAC: Lighting Contactor Market, By Application
10.4.5 APAC: Lighting Contactor Market, By Country
10.4.5.1 Australia: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Lighting Contactor Market, By Type
10.4.5.1.2 Australia: Lighting Contactor Market, By End-User
10.4.5.1.3 Australia: Lighting Contactor Market, By Application
10.4.5.2 China: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Lighting Contactor Market, By Type
10.4.5.2.2 China: Lighting Contactor Market, By End-User
10.4.5.2.3 China: Lighting Contactor Market, By Application
10.4.5.3 India: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Lighting Contactor Market, By Type
10.4.5.3.2 India: Lighting Contactor Market, By End-User
10.4.5.3.3 India: Lighting Contactor Market, By Application
10.4.5.4 Japan: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Lighting Contactor Market, By Type
10.4.5.4.2 Japan: Lighting Contactor Market, By End-User
10.4.5.4.3 Japan: Lighting Contactor Market, By Application
10.4.5.5 South Korea: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Lighting Contactor Market, By Type
10.4.5.5.2 South Korea: Lighting Contactor Market, By End-User
10.4.5.5.3 South Korea: Lighting Contactor Market, By Application
10.4.5.6 Rest of APAC: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Lighting Contactor Market, By Type
10.4.5.6.2 Rest of APAC: Lighting Contactor Market, By End-User
10.4.5.6.3 Rest of APAC: Lighting Contactor Market, By Application
10.5 MEA: Lighting Contactor Market
10.5.1 MEA: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Lighting Contactor Market, By Type
10.5.3 MEA: Lighting Contactor Market, By End-User
10.5.4 MEA: Lighting Contactor Market, By Application
10.5.5 MEA: Lighting Contactor Market, By Country
10.5.5.1 South Africa: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Lighting Contactor Market, By Type
10.5.5.1.2 South Africa: Lighting Contactor Market, By End-User
10.5.5.1.3 South Africa: Lighting Contactor Market, By Application
10.5.5.2 Saudi Arabia: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Lighting Contactor Market, By Type
10.5.5.2.2 Saudi Arabia: Lighting Contactor Market, By End-User
10.5.5.2.3 Saudi Arabia: Lighting Contactor Market, By Application
10.5.5.3 UAE: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Lighting Contactor Market, By Type
10.5.5.3.2 UAE: Lighting Contactor Market, By End-User
10.5.5.3.3 UAE: Lighting Contactor Market, By Application
10.5.5.4 Rest of MEA: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Lighting Contactor Market, By Type
10.5.5.4.2 Rest of MEA: Lighting Contactor Market, By End-User
10.5.5.4.3 Rest of MEA: Lighting Contactor Market, By Application
10.6 SAM: Lighting Contactor Market
10.6.1 SAM: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Lighting Contactor Market, By Type
10.6.3 SAM: Lighting Contactor Market, By End-User
10.6.4 SAM: Lighting Contactor Market, By Application
10.6.5 SAM: Lighting Contactor Market, By Country
10.6.5.1 Brazil: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Lighting Contactor Market, By Type
10.6.5.1.2 Brazil: Lighting Contactor Market, By End-User
10.6.5.1.3 Brazil: Lighting Contactor Market, By Application
10.6.5.2 Argentina: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Lighting Contactor Market, By Type
10.6.5.2.2 Argentina: Lighting Contactor Market, By End-User
10.6.5.2.3 Argentina: Lighting Contactor Market, By Application
10.6.5.3 Rest of SAM: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of SAM: Lighting Contactor Market, By Type
10.6.5.3.2 Rest of SAM: Lighting Contactor Market, By End-User
10.6.5.3.3 Rest of SAM: Lighting Contactor Market, By Application
11. Lighting Contactor Market - Covid-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 MEA: Impact Assessment of COVID-19 Pandemic
11.6 South America Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Mergers and Acquisition
12.4 New Product Development
13. Company Profiles
13.1 ABB Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Eaton
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Ripley Lighting Controls
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 FEDERAL
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Hager Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Hitachi Industrial Equipment Systems Co., Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NSi Industries, LLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Rockwell Automation, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Schneider Electric SE
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Siemens AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Global Lighting Contactor Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Lighting Contactor Market Volume and Forecast to 2028 (Thousand Units)
Table 3. Global Lighting Contactor Market Volume and Forecast to 2028 (Thousand Units)
Table 4. Competitive Benchmarking
Table 5. North America Lighting Contactor Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. US Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 9. US Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Lighting Contactor Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 23. France Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 24. France Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 29. UK Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 30. UK Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 31. UK Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 38. APAC Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 39. APAC Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 40. APAC Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 44. China Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 45. China Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 47. India Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 48. India Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 49. India Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of APAC Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of APAC Lighting Contactor Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of APAC Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 59. MEA Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 60. MEA Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 61. MEA Lighting Contactor Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 62. South Africa Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 71. Rest of MEA Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of MEA Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 74. SAM Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 75. SAM Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 76. SAM Lighting Contactor Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. Brazil Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 80. Argentina Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Lighting Contactor Market, By End-User– Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of SAM Lighting Contactor Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of SAM Lighting Contactor Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of SAM Lighting Contactor Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 86. List of Abbreviation
LIST OF FIGURES
Figure 1. Lighting Contactor Market Segmentation
Figure 2. Lighting Contactor Market Segmentation – By Geography
Figure 3. Global Lighting Contactor Market Overview
Figure 4. Lighting Contactor Market, by Type
Figure 5. Lighting Contactor Market, by End-User
Figure 6. Lighting Contactor Market, by Application
Figure 7. Lighting Contactor Market, by Geography
Figure 8. North America – PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. APAC – PEST Analysis
Figure 11. MEA – PEST Analysis
Figure 12. SAM – PEST Analysis
Figure 13. Lighting Contactor Market- Ecosystem Analysis
Figure 14. Lighting Contactor Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Lighting Contactor Market
Figure 16. Global Lighting Contactor Market Revenue Forecast and Analysis (US$ Million)
Figure 17. Global Lighting Contactor Market Volume Forecast and Analysis (Thousand Units)
Figure 18. Lighting Contractor Market – Top 5 Players
Figure 19. Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
Figure 20. Electrically Held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mechanically held: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Lighting Contactor Market Revenue Share, by End-User (2021 and 2028)
Figure 23. Commercial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Residential: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Industrial: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Lighting Contactor Market Revenue Share, by Application (2021 and 2028)
Figure 27. Indoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Outdoor: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Global Lighting Contactor Market Revenue Share, By Region (2021 and 2028)
Figure 30. North America: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. North America Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
Figure 32. North America Lighting Contactor Market Revenue Share, By End-User (2021 and 2028)
Figure 33. North America Lighting Contactor Market Revenue Share, By Application (2021 and 2028)
Figure 34. North America Lighting Contactor Market Revenue Share, By Country (2021 and 2028)
Figure 35. US: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Canada: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Mexico: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
Figure 40. Europe: Lighting Contactor Market Revenue Share, By End-User (2021 and 2028)
Figure 41. Europe: Lighting Contactor Market Revenue Share, By Application (2021 and 2028)
Figure 42. Europe: Lighting Contactor Market Revenue Share, By Country (2021 and 2028)
Figure 43. Germany: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. France: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Italy: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. UK: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Russia: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of Europe: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. APAC: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. APAC: Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
Figure 51. APAC: Lighting Contactor Market Revenue Share, By End-User (2021 and 2028)
Figure 52. APAC: Lighting Contactor Market Revenue Share, By Application (2021 and 2028)
Figure 53. APAC: Lighting Contactor Market Revenue Share, By Country (2021 and 2028)
Figure 54. Australia: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. China: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. India: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Japan: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. South Korea: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Rest of APAC: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. MEA: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. MEA: Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
Figure 62. MEA: Lighting Contactor Market Revenue Share, By End-User (2021 and 2028)
Figure 63. MEA: Lighting Contactor Market Revenue Share, By Application (2021 and 2028)
Figure 64. MEA: Lighting Contactor Market Revenue Share, By Country (2021 and 2028)
Figure 65. South Africa: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Saudi Arabia: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. UAE: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of MEA: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. SAM: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. SAM: Lighting Contactor Market Revenue Share, By Type (2021 and 2028)
Figure 71. SAM: Lighting Contactor Market Revenue Share, By End-User (2021 and 2028)
Figure 72. SAM: Lighting Contactor Market Revenue Share, By Application (2021 and 2028)
Figure 73. SAM: Lighting Contactor Market Revenue Share, By Country (2021 and 2028)
Figure 74. Brazil: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. Argentina: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of SAM: Lighting Contactor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic on North America Country Markets
Figure 78. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 79. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 80. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 81. Impact of COVID-19 Pandemic on South America Country Markets
The List of Companies - Lighting Contactor Market
- ABB Limited
- Eaton Corporation
- Hager Group
- Hitachi Industrial equipment systems Co., ltd
- Larsen and Toubro Ltd
- NSI Industries, LLC
- Ripley Lighting Controls
- Rockwell Automation, Inc
- Schneider Electric SE
- Siemens AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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