Dimmers Market

Dimmers Market Industry Overview:

Dimmers are widely used to reduce the illumination of light by lowering the intensity of the light output. Dimmers range from small unit size light switches to high power units of constructive lighting installations. These dinners are intended to switch light production from resistive incandescent, CFLs, halogen, and LEDs. They are a part of lighting control systems, which is an intelligent network-based lighting control solution which enables centralized control of lights that communicated between system input and output with the usage of one or more central computing devices. Significant growth of intelligent lighting systems for sustainability and well-being as well as government initiatives is a key factor augmenting the product demand. Furthermore, surging demand for energy-efficient lighting, expanding IoT technology to design smart lighting systems, and improved cost savings further boost the market growth. The global dimmers market was valued at USD 14.38 billion in 2022 and is likely to reach USD 48.21 billion by 2030, at a CAGR of 16.3%.

Market Segmentation:

By type, the global dimmers market is segmented into Universal Dimmers, Halogen and Incandescent Dimmers, Electronic Low Voltage Dimmer (ELV), Magnetic Low Voltage Dimmer (MLV), Fluorescent Dimmers, and High Wattage Dimmers. The Universal Dimmer held the highest share in 2022. Universal dimmers are widely used to control halogen, incandescent, dimmable LED and dimmable CFL bulbs, which is propelled the market growth. These enable reliable dimming of even small lamp outputs of few watts of power. Moreover, these dimmers offer soft start-up, maximum-range dimming and eliminate flickering of lights, which increases its preference in the global dimmers market growth. The Electronic Low Voltage Dimmer (ELV) segment registered a healthy CAGR in the coming years. ELV dimmers are widely used to control dimmable LED power supplies and electronic low voltage transformers.

Based on connectivity, the global dimmers market has been bifurcated into wired dimmers and wireless dimmers. Wireless dimmers accounted for the largest market share in 2022 and is the fastest-growing segment during the assessment period. This is mainly ascribed to the robust developments in the wireless in the wireless communication and IoT-based technologies around the world. Rising demand of wireless dimmers in lighting control systems, growing development in wireless communication standards such as Bluetooth, Wi-Fi, and Zigbee further boost the segment growth. The wired segment registered a steady CAGR by the end of 2030. Its losing its popularity due to less ease and too much hassle when compared to wireless dimmers. 

On the basis of application, the global dimmers market has been classified into residential, commercial, and industrial. The residential segment witnessed the highest market share in 2022. Growing residential activities in the developing countries of Asia Pacific and Middle East & Africa is a key factor boosting the segment growth. Moreover, growing demand for energy-efficient lighting systems further offers lucrative opportunities to the market players. The commercial segment is projected to register a healthy CAGR in the coming years owing to rising commercial building construction in both developed and developing countries. Also, surging demand for global dimmers market in different rooms such as classrooms, auditoriums, etc., further bolster the segment growth.

Market Dynamics and Factors:

Better lifestyle, increasing per capita income of people coupled with expanding market for intelligent or smart lighting system around the world, rising end user requirement for energy efficient lighting systems are some of the key factors augmenting the product usage. Moreover, rising adoption of standard protocols for lighting products, growing adoption of smart homes, increasing demand of remote control dimmers, and improving government projects for smart cities across geographies further boost the global dimmers market growth. In addition, advent of indoor lighting solutions, smart appliances along with availability of dimmers from small domestic dimmers to modern professional dimmers are likely to bolster the global dimmers market industry growth in the coming years. Dimmers offers some benefits such as energy efficiency, better lamp life, reduced utility bills and protection against short circuit, over load and overheating further proliferate the global dimmers market growth in the following years. However, high initial cost than normal light switches, tendency to produce buzzing or humming sounds, and lack of awareness among potential customers are likely to hamper the global dimmers market growth during the forecast period.

Geographical Analysis:

The Europe market garnered the highest market share in 2022 and is likely to garner the highest CAGR during the review period. Government bodies have undertaken smart city initiatives in several European countries to offer an astounding growth potential for cities & municipalities, offering modern technologies to provide connected, advanced, and secure solutions. The Asia Pacific market register the fastest CAGR during the forecast timeline owing to increasing investments with expanding economic growth in countries of China and India. These countries are experiencing foreign investments which offers immense growth opportunities to the regional market players.

Dimmers Market Report Scope

Key Market Segmentation

Dimmers Market - By Type

1. Universal Dimmers
2. Halogen and Incandescent Dimmers
3. Electronic Low Voltage Dimmer (ELV)
4. Magnetic Low Voltage Dimmer (MLV)
5. Fluorescent Dimmers
6. High Wattage Dimmers

Dimmers Market - By Connectivity

1. Wired Dimmers
2. Wireless Dimmers

Dimmers Market - By Application

1. Residential
2. Commercial
3. Industrial

Dimmers Market  - By Region

North America

1. US
2. Canada
3. Mexico

Europe

1. Germany
2. UK
3. France
4. Italy
5. Spain
6. Russia
7. Benelux
8. Nordics
9. Rest of Europe

 Asia-Pacific

1. China
2. India
3. Japan
4. South Korea
5. Rest of Asia-Pacific

 Middle East and Africa

 South America