North America Lighting Contactor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type (Electrically Held and Mechanically Held), End-User (Commercial, Residential, and Industrial), and Application (Indoors and Outdoors)

List of Tables

The lighting contactor market in North America is expected to grow from US$ 319.66 million in 2022 to US$ 536.07 million by 2028. It is estimated to grow at a CAGR of 9.0% from 2022 to 2028.

Smart Lighting Solutions Boosts Market Growth

Smart lightings can be fixed into the existing sockets and controlled with the help of a mobile phone. These lights respond to motion, voice commands, or location. Smart switches can turn lights on and off, whereas smart dimmers can adjust light brightness levels. It is expected that by 2030, the smart lighting market will increase US$ ~43 billion, which was around US$ 11 billion in 2020. With the increasing disposable incomes, people are shifting towards smart homes. A smart home includes all the electronic appliances, such as lights, that runs on either internet, sensor, hand gestures, or voice command. Companies, such as Schreder; General Electric Company, and Cree, Inc., are the providers of smart lighting solutions. Strategic developments, such as product launches and regional expansions, implemented by these companies are driving the lighting contactors market. In July 2021, SmartLabs, a smart lighting and electric control provider, announced the launch of its Nokia Smart Lighting.

Market Overview

North America comprises technologically advanced economies, such as the US, Canada, and Mexico. North America is also attracting massive foreign direct investment from economically strong countries for technological growth. Businesses in the region are continually developing their overall business processes and embracing new technology to improve their lighting solutions. In North America, the penetration of smart lighting solutions, especially among the urban population, is high. Rising investments in technologies by both private and public enterprises and brands such as GE Current's expansion of smart lighting solutions in Canada with Omnilumen and GS Lighting Group to enhance the overall revenue by increasing sales through optimizing their offerings are also fueling the growth of the market in the region.

North America Lighting Contactor Market Revenue and Forecast to 2028 (US$ Million)

North America Lighting Contactor Market Segmentation

The North America lighting contactor market is segmented into type, end user, application, and country. Based on type, the market is segmented into electrically held and mechanically held. The electrically held segment registered a larger market share in 2022.

Based on end-user, the North America lighting contactor market is segmented into commercial, residential, and industrial. The commercial segment registered the largest market share in 2022. Based on application, the North America lighting contactor market is segmented into indoor and outdoor. The indoor segment registered a larger market share in 2022. Based on country, the market is segmented into US, Canada, and Mexico. US dominated the market share in 2022. ABB Ltd.; Eaton; Hager Group; Hitachi Industrial Equipment Systems Co., Ltd; NSi Industries, LLC; Ripley Lighting Controls; Rockwell Automation, Inc.; Schneider Electric SE; and Siemens AG are the leading companies operating in the lighting contactor market in the region.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America lighting contactor market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America lighting contactor market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the lighting contactor market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027412

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Lighting Contactor Market Landscape

4.1 Market Overview
4.2 North America PEST Analysis
- 4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. North America Lighting Contactor Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Penetration of IoT in Lighting Control Systems
- 5.1.2 Smart Lighting Solutions Boosts Market Growth
5.2 Market Restraints
- 5.2.1 Rising Usage of Portable Lights
5.3 Future Trends
- 5.3.1 Increasing Trend of Horticulture Lights
5.4 Impact Analysis of Drivers and Restraints

6. Lighting Contactor Market - North America Market Analysis

6.1 North America Lighting Contactor Market Overview
6.2 North America Lighting Contactor Market Revenue Forecast and Analysis
6.3 North America Lighting Contactor Market Volume Forecast and Analysis

7. North America Lighting Contactor Market Analysis - By Type

7.1 Overview
7.2 North America Lighting Contactor Market, By Type (2021 and 2028)
7.3 Electrically Held
- 7.3.1 Overview
- 7.3.2 Electrically Held: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Mechanically Held
- 7.4.1 Overview
- 7.4.2 Mechanically Held: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)

8. North America Lighting Contactor Market Analysis - By End-User

8.1 Overview
8.2 North America Lighting Contactor Market, By End-User (2021 and 2028)
8.3 Commercial
- 8.3.1 Overview
- 8.3.2 Commercial: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Residential
- 8.4.1 Overview
- 8.4.2 Residential: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
- 8.5.1 Overview
- 8.5.2 Industrial: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)

9. North America Lighting Contactor Market Analysis - By Application

9.1 Overview
9.2 North America Lighting Contactor Market, By Application (2021 and 2028)
9.3 Indoor
- 9.3.1 Overview
- 9.3.2 Indoor: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Outdoor
- 9.4.1 Overview
- 9.4.2 Outdoor: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)

10. North America Lighting Contactor Market - Country Analysis

10.1 Overview
- 10.1.1 North America: Lighting Contactor Market, By Country
  - 10.1.1.1 US: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.1.1 US: Lighting Contactor Market, By Type
    - 10.1.1.1.2 US: Lighting Contactor Market, By End-User
    - 10.1.1.1.3 US: Lighting Contactor Market, By Application
  - 10.1.1.2 Canada: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.2.1 Canada: Lighting Contactor Market, By Type
    - 10.1.1.2.2 Canada: Lighting Contactor Market, By End-User
    - 10.1.1.2.3 Canada: Lighting Contactor Market, By Application
  - 10.1.1.3 Mexico: Lighting Contactor Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.1 Mexico: Lighting Contactor Market, By Type
    - 10.1.1.3.2 Mexico: Lighting Contactor Market, By End-User
    - 10.1.1.3.3 Mexico: Lighting Contactor Market, By Application

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Mergers and Acquisition
11.4 New Product Development

12. Company Profiles

12.1 ABB Ltd.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Eaton
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Ripley Lighting Controls
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Hager Group
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Hitachi Industrial Equipment Systems Co., Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 NSi Industries, LLC
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Rockwell Automation, Inc.
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Schneider Electric SE
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Siemens AG
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index