Dimmers Market Size Analysis 2022 with Business Boosting Technologies, Forthcoming Growth Rate, Top Regions, Key Players and Investments Opportunities Forecast to 2028

The global dimmers market is estimated to grow at a CAGR of 16.0% during the forecast period.

Dimmers are widely used in the business and IT industries, where energy conservation is a priority. Dimmers have the ability to reduce the luminosity of lighting systems, resulting in lower electricity expenditures. In recent years, the dimmers industry has seen advancements that allow them to be connected with intelligent network-based systems and centralized control systems using computing devices. Furthermore, the growing need for energy, as well as increased awareness of energy conservation and measures to generate energy from renewable sources, are some factors accelerating the growth of the market. During the forecast period, the incorporation of sophisticated technologies such as IoT, AI, and cloud-based connection is offering potential opportunity for the market growth. Dimmers' potential benefits, such as energy conservation, lighting customization, increased security, and ease of installation, is likely to boost the market growth. The overall growth of the market is being driven by an increasing number of smart cities and infrastructure upgrades across restaurants, residential sector, and others.

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The increased demand for energy and government measures to conserve energy are providing attractive prospects for the market growth. According to one of the most recent studies, dimmers are effective at conserving energy; it can save up to 25% of electricity. The providers recommend dimmers for every room in the home sector so that energy savings can be maximized. Furthermore, remote control and mobile application integration are offering profitable chances for the market growth. Dimmers' potential benefits, including energy conservation, lighting customization, increased security, and ease of installation, is likely to boost the market growth.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Product
o By Connectivity
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Acuity Brands Inc., Hubbel Control Solutions, and Signify (Koninklijke Philips NV), among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?

Global Dimmers Market by Segments.

By Type
• Universal
• Incandescent/Halogen
• Electronic Low Voltage (ELV)
• Magnetic Low Voltage (MLV)
• High Wattage Dimmers

By Product
• Slide
• Rotary
• Toggle
• Torch
• Tabletop
• Others

By Connectivity
• Wired Dimmers
• Wireless Dimmers

By Application
• Residential
• Commercial
• Industrial

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This release was published on openPR.