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LED LIGHTING CONTROLLERS

Global Market Trajectory & Analytics

MCP12988

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  •  DATE

    JULY 2020

  •  TABLES

    210

  •  PAGES

    288

  •  EDITION

    6

  •  PRICE

    USD $5450

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for LED Lighting Controllers estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$7.8 Billion by 2027, growing at a CAGR of 9.1% over the period 2020-2027.Wired, one of the segments analyzed in the report, is projected to grow at a 8.7% CAGR to reach US$5.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wireless segment is readjusted to a revised 10.2% CAGR for the next 7-year period. This segment currently accounts for a 24.1% share of the global LED Lighting Controllers market.
The LED Lighting Controllers market in the U.S. is estimated at US$1.2 Billion in the year 2020. The country currently accounts for a 27.05% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.6 Billion in the year 2027 trailing a CAGR of 12% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR while Rest of European market (as defined in the study) will reach US$1.6 Billion by the year 2027.We bring years of research experience to this 6th edition of our report. The 288-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, ABB Group; Acuity Brands Lighting Inc.; Cree, Inc.; Douglas Lighting Controls, Inc.; Echelon Corporation; Gardasoft Vision Limited; GE Lighting; Hubbell Control Solutions (HCS); Hunt Control Systems, Inc. (HUNT Dimming); Leviton Manufacturing Co., Inc.; Lighting Controls - Cooper Industries; Lightronics, Inc.; LSI Industries, Inc.; Lutron Electronics Co., Inc.; OSRAM GmbH; Philips Lighting NV; Synapse Wireless, Inc.; Zhuhai LTECH Technology Co., Ltd.
» Application (Residential, Commercial, Government, Public Spaces, Other Applications) » Type (Wired, Wireless)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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