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2021 Lighting Contactor Industry Global Analysis Report
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.
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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.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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