Global Lighting Contactors Industry

Global Lighting Contactors Industry

  • April 2021 •
  • 216 pages •
  • Report ID: 6032061 •
  • Format: PDF
Abstract:
- Global Lighting Contactors Market to Reach $1.4 Billion by 2027
- Amid the COVID-19 crisis, the global market for Lighting Contactors estimated at US$848.1 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at aCAGR of 7.1% over the period 2020-2027. Electrically Held, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$833.9 Million 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 Mechanically Held segment is readjusted to a revised 6.9% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $250.6 Million, While China is Forecast to Grow at 6.7% CAGR
- The Lighting Contactors market in the U.S. is estimated at US$250.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$240.1 Million by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.6% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

- Select Competitors (Total 36 Featured) -
  • ABB Ltd
  • Acuity
  • Eaton Corporation
  • Federal Electric Ltd
  • Hager SE
  • Legrand SA
  • NSi Industries, LLC
  • Ripley Lighting Controls company
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens Corporation
  • Sprecher & Schuh, Inc.