"Actionable Insights to Fuel Your Growth"

Lighting Contactor Market Size, Share & Industry Analysis, By Type (Mechanically Held, Electrically Held), By Application (Residential, Industrial, Commercial, Others) and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI101732 | Status : Ongoing



A lighting contactor delivers safe and reliable means for local and remote switching applications. The lighting contactor not only optimizes the performance of equipment but also saves an ample amount of energy. The world energy outlook seems to be dominated by oil and gas. The increasing use of fossil fuel severely affecting the environment and causing an increase in earth temperature. Therefore, governments and private agencies are taking stringent steps in the interest of energy saving. They are promoting energy-efficient devices and phasing out old lighting systems. Energy saving is more important than energy production as it not only emphasizes the importance of energy-saving but also supports sustainable development. In the coming years, many countries around the world aiming at achieving balance between environment and development. This is only possible through use of energy-efficient devices and promoting energy saving.

The lighting contactor market is segmented into type and application. Type is further divided into mechanically held and electrically held. An electrically held contactor is cost-effective than mechanically held contactor and also consumes less power that may offer a lucrative market for the growth of the lighting contactor. Increased consumption of energy-efficient devices by commercial buildings and complexes to save an ample amount of energy may strength growth of the lighting contactor in the commercial segment.  

Key Market Driver -

Key Market Driver – Government and private entities initiatives for energy saving

Key Market Restraint -

Key Market Restraint – Lack of awareness and highly expensive

Many government and private organizations are working on energy-saving programs by adopting energy-efficient devices that may bolster the demand for lighting contactors. The recent trend of smart cities and digitalization may boost the growth of the lighting contactors. The lack of awareness among consumers about the payback period and high installation cost is projected to retard the growth of the lighting contactor market.

Key Players Covered:

The major companies for the lighting contactor market are ABB, Siemens, Schneider Electric, Legrand, Emerson, Eaton, Rockwell Automation, Federal Electric, Hager, NSi Industries LLC, and Sprecher+Schuh.

Regional Analysis:

The global lighting contactor market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The United States is forecasted to dominate the lighting contactor market owing to extensive growth in information and communication technology. The residential and commercial sector is playing a key role in uplifting the lighting contactor market. Several organizations are committed to energy saving by embracing energy-efficient devices which expected to leverage the growth of the lighting contactor. Europe is already battling against serious concern over global warming and amending guidelines for energy saving.

To gain extensive insights into the market, Request for Customization

Germany, UK, Italy, and Russia among others are strenuously on energy saving, which projected to bolsters the growth of the market. Asia Pacific is expected to offer lucrative market for the growth of the lighting contactor market due to emerging economies such as India and China. These countries are playing crucial role in many industry verticals and making massive investments for energy security, which underpin the growth of the lighting contactor market.




By Type

  • Mechanically Held

  • Electrically Held

By Application

  • Residential

  • Industrial

  • Commercial

  • Others

By Geography

  • North America (USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)


Key Industry Developments

  • In October 2019, The BBVA Group reduced its energy consumption by 7% per employee between January 2016 and December 2018. The group is committed to making energy-saving for an environmental cause.


Lighting Contactor Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019


  • 4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients


Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.