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Global Dimmer and Color Tunable Market Size, Share & Industry Trends Analysis Report By Application, By Product, By Type, By Regional Outlook and Forecast, 2022 - 2028

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    Report

  • 206 Pages
  • February 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5752637
The Global Dimmer and Color Tunable Market size is expected to reach $19.2 billion by 2028, rising at a market growth of 7.9% CAGR during the forecast period.

Dimmer and color-tunable lights allow the user toalter the brightness and color temperature of the lights. In place of a typical light switch, dimmer switches allow the user to control the amount of power flowing to a lighting system, which controls the light's brightness. This is advantageous for enhancing comfort, saving energy, or increasing the lifespan of the bulbs.



LED bulbs, which have the potential to be more energy-efficient and durable than conventional incandescent bulbs, are also interoperable with some dimmer controls. The user can change the color light'stemperature produced by color-tunable lightbulbs. Generally,the color temperature is expressed as 'cool'or 'warm'light and is expressed in degrees, Kelvin.

Warm light, which has a color temperature of about 2700K, is frequently used forcreatinga warm ambiance. It is similar to the light generated by conventional incandescent bulbs. Like natural sunshine, cool light has a color temperature of about 5000K and is frequently used for work lighting to render alively, upbeat mood. The user can change the color temperature of color-tunable lightbulbs to suit their needs and tastes.

White tunable lighting, as defined by the US Office of Energy Efficiency and Renewable Energy, is the capability to alter the color temperature output of a light source.Tunable white LED lighting is a ground-breaking kind of lighting that effectively blends numerous illumination sources. The shifting or adjusting would not be feasible without suchsources. The technology can produce amazing effects for which this form of lighting has become famous by making certain adjustments, such as turning onone LED and turning offanother.

COVID-19 Impact Analysis

The demand-supply balance wasimpacted by a lack of electric components produced by China as well as disruptions in international trade. However, throughout the projected time of the COVID-19 pandemic, technological improvements in home automation,the internet of things (IoT), and LED lighting in dimmer and color-tunable markets are anticipated to have a favorable impact on market growth.Additionally, the development of wireless voice-controlled color-tunable anddimmer has increased their efficiency and cost-effectiveness, boosting the growth of the market.

Market Growth Factors

Rising demand due to advanced dimmers' high energy-saving potential

The dimmer and color tunable market is experiencing an increase in research and development activities, which are looking into the possibility of utilizing location-aware technology to create superior dimming lighting control systems. Additionally, several research projects are placing more and more emphasis on calculating the pace of energy reduction and concurrently tracking the effectiveness of the indoor lighting environment. Additionally, since the building sector consumes a significant amount ofenergy used globally, it is anticipated that smart dimmers and other cutting-edge technology will become more popular in the years to come for reducing energy usage, which would hugely benefit the market.

Lighting-based circadian rhythm manipulation

The provision ofa range of lighting in both homes and places of work, tunable white LED lighting, hashelped many individuals toget back to theircircadian rhythm.Additionally, tunable whitelighting can aid hospital patients in reestablishing good routines and normalcy and reducing health problems. Bright blue lighting boosts a healthy appetite, increases heart rate andtemperature, and increases cognitive function, which is why many hospitals worldwide are now using color tunablelighting. Therefore, circadian rhythm-appropriatelighting can help the body function at its best if someone spends most of theirday indoors. This has significantly boosted the demand for dimmer and color tunable lights, aiding in the expansion of the market.



Market Restraining Factors

Testing and inspection problems with color-tunable products

Many available products are not user-friendly, either providing only dimmer or color tunable properties. Users might like to decrease light output without affecting the hue. White-tuning may be the superior option in these circumstances where it would be useful to have dimming control independent of color change. Due to efforts by government organizations like the U.S. Department of Energy (DoE) to develop rules for the testing of color-tunable products, the impact of this limitation on the market is anticipated to be continue during the forecast period.

Product Outlook

Based on product, the dimmer and color tunable market is categorized into dimmer and color tunable. The color tunable segment procured a considerable growth rate in the dimmer and color tunable market in 2021. The increased use of color-tunable LED luminaires in both commercial and residential settings is driving up demand for them globally. In addition, due to their ability to simulate incandescent light, these lights are becoming increasingly popular in homes and restaurants. Furthermore, because they can accurately replicate daylight, color-tunable LED luminaires have several positive health effects. This positively impacts the growth of the segment.

Application Outlook

On the basis of application, the dimmer and color tunable market is divided into commercial, residential, and industrial. The industrial segment acquired the largest revenue share in the dimmer and color tunable market in 2021. The market share of conventional lighting would decline in terms of both units and revenue if LED lights' prices were to drop rapidly. This would impact how widely the dimmer and color tunable lights would be adopted in various applications. The industrial sector is expected to grow more rapidlythan its competitors because high-intensity discharge (HID) and fluorescent technologies with great performance are already readily accessible and used in many applications.

Type Outlook

Based on type, the dimmer and color tunable market is segmented into light-emitting diode (LED), high intensity discharge (HID), incandescent & halogen, and fluorescent. The light-emitting diode (LED) segment witnessed the maximum revenue share in the dimmer and color tunable market in 2021. Light is produced when current flows through a light-emitting diode or LED. In the semiconductor, photons are created when electrons combine with electron holes again. The hue of the light depends on the energy needed for electrons to cross the band gap of the semiconductor. In these lights, white light is produced either by using numerous semiconductors or a coating of light-emitting phosphor on the semiconductor device.

Regional Outlook

On the basis of region, the dimmer and color tunable market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured the highest revenue share in the dimmer and color tunable market in 2021. China, Taiwan, and Japan all play a significant role in expanding the regional market. These nations' governments are making efforts to encourage the use of light-emitting diodes, and there are a lot of market participants in these regions as well. In addition, this region'sconstruction industries are prospering as their native and immigrant populations both grow quickly. As a result, the rapidly expanding construction sector in the Asia Pacificwill increase the demand for goods in the regional market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Acuity Brands Lighting, Inc., Cree, Inc., Eaton Corporation PLC, Hubbell Incorporated, Koninklijke Philips N.V., Legrand S.A. (Legrand Group), OSRAM GmbH, Lutron Electronics Co., Inc., and Lite Puter Enterprise Co., Ltd.

Scope of the Study

By Application

  • Industrial
  • Commercial
  • Residential

By Product

  • Dimmer
  • Color Tunable

By Type

  • Light-emitting Diode (LED's)
  • High Intensity Discharge (HID)
  • Incandescent & Halogen
  • Fluorescent

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Honeywell International, Inc.
  • Acuity Brands Lighting, Inc.
  • Cree, Inc.
  • Eaton Corporation PLC
  • Hubbell Incorporated
  • Koninklijke Philips N.V.
  • Legrand S.A. (Legrand Group)
  • OSRAM GmbH
  • Lutron Electronics Co., Inc.
  • Lite Puter Enterprise Co., Ltd.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Dimmer and Color Tunable Market, by Application
1.4.2 Global Dimmer and Color Tunable Market, by Product
1.4.3 Global Dimmer and Color Tunable Market, by Type
1.4.4 Global Dimmer and Color Tunable Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Global Dimmer and Color Tunable Market by Application
3.1 Global Industrial Market by Region
3.2 Global Commercial Market by Region
3.3 Global Residential Market by Region

Chapter 4. Global Dimmer and Color Tunable Market by Product
4.1 Global Dimmer Market by Region
4.2 Global Color Tunable Market by Region

Chapter 5. Global Dimmer and Color Tunable Market by Type
5.1 Global Light-emitting Diode (LED's) Market by Region
5.2 Global High Intensity Discharge (HID) Market by Region
5.3 Global Incandescent & Halogen Market by Region
5.4 Global Fluorescent Market by Region

Chapter 6. Global Dimmer and Color Tunable Market by Region
6.1 North America Dimmer and Color Tunable Market
6.1.1 North America Dimmer and Color Tunable Market by Application
6.1.1.1 North America Industrial Market by Country
6.1.1.2 North America Commercial Market by Country
6.1.1.3 North America Residential Market by Country
6.1.2 North America Dimmer and Color Tunable Market by Product
6.1.2.1 North America Dimmer Market by Country
6.1.2.2 North America Color Tunable Market by Country
6.1.3 North America Dimmer and Color Tunable Market by Type
6.1.3.1 North America Light-emitting Diode (LED's) Market by Country
6.1.3.2 North America High Intensity Discharge (HID) Market by Country
6.1.3.3 North America Incandescent & Halogen Market by Country
6.1.3.4 North America Fluorescent Market by Country
6.1.4 North America Dimmer and Color Tunable Market by Country
6.1.4.1 US Dimmer and Color Tunable Market
6.1.4.1.1 US Dimmer and Color Tunable Market by Application
6.1.4.1.2 US Dimmer and Color Tunable Market by Product
6.1.4.1.3 US Dimmer and Color Tunable Market by Type
6.1.4.2 Canada Dimmer and Color Tunable Market
6.1.4.2.1 Canada Dimmer and Color Tunable Market by Application
6.1.4.2.2 Canada Dimmer and Color Tunable Market by Product
6.1.4.2.3 Canada Dimmer and Color Tunable Market by Type
6.1.4.3 Mexico Dimmer and Color Tunable Market
6.1.4.3.1 Mexico Dimmer and Color Tunable Market by Application
6.1.4.3.2 Mexico Dimmer and Color Tunable Market by Product
6.1.4.3.3 Mexico Dimmer and Color Tunable Market by Type
6.1.4.4 Rest of North America Dimmer and Color Tunable Market
6.1.4.4.1 Rest of North America Dimmer and Color Tunable Market by Application
6.1.4.4.2 Rest of North America Dimmer and Color Tunable Market by Product
6.1.4.4.3 Rest of North America Dimmer and Color Tunable Market by Type
6.2 Europe Dimmer and Color Tunable Market
6.2.1 Europe Dimmer and Color Tunable Market by Application
6.2.1.1 Europe Industrial Market by Country
6.2.1.2 Europe Commercial Market by Country
6.2.1.3 Europe Residential Market by Country
6.2.2 Europe Dimmer and Color Tunable Market by Product
6.2.2.1 Europe Dimmer Market by Country
6.2.2.2 Europe Color Tunable Market by Country
6.2.3 Europe Dimmer and Color Tunable Market by Type
6.2.3.1 Europe Light-emitting Diode (LED's) Market by Country
6.2.3.2 Europe High Intensity Discharge (HID) Market by Country
6.2.3.3 Europe Incandescent & Halogen Market by Country
6.2.3.4 Europe Fluorescent Market by Country
6.2.4 Europe Dimmer and Color Tunable Market by Country
6.2.4.1 Germany Dimmer and Color Tunable Market
6.2.4.1.1 Germany Dimmer and Color Tunable Market by Application
6.2.4.1.2 Germany Dimmer and Color Tunable Market by Product
6.2.4.1.3 Germany Dimmer and Color Tunable Market by Type
6.2.4.2 UK Dimmer and Color Tunable Market
6.2.4.2.1 UK Dimmer and Color Tunable Market by Application
6.2.4.2.2 UK Dimmer and Color Tunable Market by Product
6.2.4.2.3 UK Dimmer and Color Tunable Market by Type
6.2.4.3 France Dimmer and Color Tunable Market
6.2.4.3.1 France Dimmer and Color Tunable Market by Application
6.2.4.3.2 France Dimmer and Color Tunable Market by Product
6.2.4.3.3 France Dimmer and Color Tunable Market by Type
6.2.4.4 Russia Dimmer and Color Tunable Market
6.2.4.4.1 Russia Dimmer and Color Tunable Market by Application
6.2.4.4.2 Russia Dimmer and Color Tunable Market by Product
6.2.4.4.3 Russia Dimmer and Color Tunable Market by Type
6.2.4.5 Spain Dimmer and Color Tunable Market
6.2.4.5.1 Spain Dimmer and Color Tunable Market by Application
6.2.4.5.2 Spain Dimmer and Color Tunable Market by Product
6.2.4.5.3 Spain Dimmer and Color Tunable Market by Type
6.2.4.6 Italy Dimmer and Color Tunable Market
6.2.4.6.1 Italy Dimmer and Color Tunable Market by Application
6.2.4.6.2 Italy Dimmer and Color Tunable Market by Product
6.2.4.6.3 Italy Dimmer and Color Tunable Market by Type
6.2.4.7 Rest of Europe Dimmer and Color Tunable Market
6.2.4.7.1 Rest of Europe Dimmer and Color Tunable Market by Application
6.2.4.7.2 Rest of Europe Dimmer and Color Tunable Market by Product
6.2.4.7.3 Rest of Europe Dimmer and Color Tunable Market by Type
6.3 Asia Pacific Dimmer and Color Tunable Market
6.3.1 Asia Pacific Dimmer and Color Tunable Market by Application
6.3.1.1 Asia Pacific Industrial Market by Country
6.3.1.2 Asia Pacific Commercial Market by Country
6.3.1.3 Asia Pacific Residential Market by Country
6.3.2 Asia Pacific Dimmer and Color Tunable Market by Product
6.3.2.1 Asia Pacific Dimmer Market by Country
6.3.2.2 Asia Pacific Color Tunable Market by Country
6.3.3 Asia Pacific Dimmer and Color Tunable Market by Type
6.3.3.1 Asia Pacific Light-emitting Diode (LED's) Market by Country
6.3.3.2 Asia Pacific High Intensity Discharge (HID) Market by Country
6.3.3.3 Asia Pacific Incandescent & Halogen Market by Country
6.3.3.4 Asia Pacific Fluorescent Market by Country
6.3.4 Asia Pacific Dimmer and Color Tunable Market by Country
6.3.4.1 China Dimmer and Color Tunable Market
6.3.4.1.1 China Dimmer and Color Tunable Market by Application
6.3.4.1.2 China Dimmer and Color Tunable Market by Product
6.3.4.1.3 China Dimmer and Color Tunable Market by Type
6.3.4.2 Japan Dimmer and Color Tunable Market
6.3.4.2.1 Japan Dimmer and Color Tunable Market by Application
6.3.4.2.2 Japan Dimmer and Color Tunable Market by Product
6.3.4.2.3 Japan Dimmer and Color Tunable Market by Type
6.3.4.3 India Dimmer and Color Tunable Market
6.3.4.3.1 India Dimmer and Color Tunable Market by Application
6.3.4.3.2 India Dimmer and Color Tunable Market by Product
6.3.4.3.3 India Dimmer and Color Tunable Market by Type
6.3.4.4 South Korea Dimmer and Color Tunable Market
6.3.4.4.1 South Korea Dimmer and Color Tunable Market by Application
6.3.4.4.2 South Korea Dimmer and Color Tunable Market by Product
6.3.4.4.3 South Korea Dimmer and Color Tunable Market by Type
6.3.4.5 Singapore Dimmer and Color Tunable Market
6.3.4.5.1 Singapore Dimmer and Color Tunable Market by Application
6.3.4.5.2 Singapore Dimmer and Color Tunable Market by Product
6.3.4.5.3 Singapore Dimmer and Color Tunable Market by Type
6.3.4.6 Malaysia Dimmer and Color Tunable Market
6.3.4.6.1 Malaysia Dimmer and Color Tunable Market by Application
6.3.4.6.2 Malaysia Dimmer and Color Tunable Market by Product
6.3.4.6.3 Malaysia Dimmer and Color Tunable Market by Type
6.3.4.7 Rest of Asia Pacific Dimmer and Color Tunable Market
6.3.4.7.1 Rest of Asia Pacific Dimmer and Color Tunable Market by Application
6.3.4.7.2 Rest of Asia Pacific Dimmer and Color Tunable Market by Product
6.3.4.7.3 Rest of Asia Pacific Dimmer and Color Tunable Market by Type
6.4 LAMEA Dimmer and Color Tunable Market
6.4.1 LAMEA Dimmer and Color Tunable Market by Application
6.4.1.1 LAMEA Industrial Market by Country
6.4.1.2 LAMEA Commercial Market by Country
6.4.1.3 LAMEA Residential Market by Country
6.4.2 LAMEA Dimmer and Color Tunable Market by Product
6.4.2.1 LAMEA Dimmer Market by Country
6.4.2.2 LAMEA Color Tunable Market by Country
6.4.3 LAMEA Dimmer and Color Tunable Market by Type
6.4.3.1 LAMEA Light-emitting Diode (LED's) Market by Country
6.4.3.2 LAMEA High Intensity Discharge (HID) Market by Country
6.4.3.3 LAMEA Incandescent & Halogen Market by Country
6.4.3.4 LAMEA Fluorescent Market by Country
6.4.4 LAMEA Dimmer and Color Tunable Market by Country
6.4.4.1 Brazil Dimmer and Color Tunable Market
6.4.4.1.1 Brazil Dimmer and Color Tunable Market by Application
6.4.4.1.2 Brazil Dimmer and Color Tunable Market by Product
6.4.4.1.3 Brazil Dimmer and Color Tunable Market by Type
6.4.4.2 Argentina Dimmer and Color Tunable Market
6.4.4.2.1 Argentina Dimmer and Color Tunable Market by Application
6.4.4.2.2 Argentina Dimmer and Color Tunable Market by Product
6.4.4.2.3 Argentina Dimmer and Color Tunable Market by Type
6.4.4.3 UAE Dimmer and Color Tunable Market
6.4.4.3.1 UAE Dimmer and Color Tunable Market by Application
6.4.4.3.2 UAE Dimmer and Color Tunable Market by Product
6.4.4.3.3 UAE Dimmer and Color Tunable Market by Type
6.4.4.4 Saudi Arabia Dimmer and Color Tunable Market
6.4.4.4.1 Saudi Arabia Dimmer and Color Tunable Market by Application
6.4.4.4.2 Saudi Arabia Dimmer and Color Tunable Market by Product
6.4.4.4.3 Saudi Arabia Dimmer and Color Tunable Market by Type
6.4.4.5 South Africa Dimmer and Color Tunable Market
6.4.4.5.1 South Africa Dimmer and Color Tunable Market by Application
6.4.4.5.2 South Africa Dimmer and Color Tunable Market by Product
6.4.4.5.3 South Africa Dimmer and Color Tunable Market by Type
6.4.4.6 Nigeria Dimmer and Color Tunable Market
6.4.4.6.1 Nigeria Dimmer and Color Tunable Market by Application
6.4.4.6.2 Nigeria Dimmer and Color Tunable Market by Product
6.4.4.6.3 Nigeria Dimmer and Color Tunable Market by Type
6.4.4.7 Rest of LAMEA Dimmer and Color Tunable Market
6.4.4.7.1 Rest of LAMEA Dimmer and Color Tunable Market by Application
6.4.4.7.2 Rest of LAMEA Dimmer and Color Tunable Market by Product
6.4.4.7.3 Rest of LAMEA Dimmer and Color Tunable Market by Type

Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Acuity Brands Lighting, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional and Segmental Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.3 Cree, Inc. (SMART Global Holdings, Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Eaton Corporation PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.5 Hubbell Incorporated
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Koninklijke Philips N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Legrand S.A. (Legrand Group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.8 OSRAM GmbH (AMS AG)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 Lutron Electronics Co., Inc.
7.9.1 Company Overview
7.10. Lite Puter Enterprise Co., Ltd.
7.10.1 Company Overview

Companies Mentioned

  • Honeywell International, Inc.
  • Acuity Brands Lighting, Inc.
  • Cree, Inc.
  • Eaton Corporation PLC
  • Hubbell Incorporated
  • Koninklijke Philips N.V.
  • Legrand S.A. (Legrand Group)
  • OSRAM GmbH
  • Lutron Electronics Co., Inc.
  • Lite Puter Enterprise Co., Ltd.

Methodology

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