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SOURCE Research and Markets
DUBLIN, January 15, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/wgnkxm/north_american) has announced the addition of the "North American Lighting Controls Switches Markets" report to their offering.
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This research service entitled North American Lighting Control Switches Market provides an overview of the total lighting control switches market giving the revenue forecast and a complete analysis of the challenges, drivers and restraints that impact the revenues and growth potential of the market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets/applications/technologies: dimmer switches market, sensors switches market, on-off switches market and timer switches market.
Expert analysts thoroughly examine the following market sectors in this research:
The North American lighting control switches market is in a mature stage with the market witnessing a steady growth . On-off switches form the largest product segment generating the highest revenues and forming 36 percent of the total market. This is because they are the oldest and most conventional way of controlling lights and hence enjoy the maximum popularity in the market. This study captures the recent trends in the market about the latest energy codes and regulations and how the lighting control switches market will benefit from the rising energy consciousness amongst the end users. The study discusses in depth the challenges that the industry is facing and how to overcome them. It also does an in-depth analysis of the drivers and restraining forces affecting the various product segments of the lighting control switches market.
The North American lighting control switches market is growing at a constant rate. The main driving force in this industry has been the energy codes and energy efficiency standards which are being implemented by the government across the nation. The main challenge that the industry faces is to keep its manufacturing cost low. With the market demanding more sophisticated and advanced products, lot of money is spent on research and development to bring out innovative technologies. The manufacturers have been striving to keep their production cost low and offer their products at the most affordable price. Increasing awareness about energy saving seems to have a differential impact on the market with some segments benefiting from it and for some it posing as a threat. But it will still take some time for the entire market to move towards energy efficient products which will help to drive the growth rate of the market faster.
Key Topics Covered:
1. Executive Summary
2. Total Lighting Control Switches Market
3. Dimmer Switches Market
4. Sensor Switches Market
5. On-Off Switches Market
6. Timer Switches Market
For more information visit http://www.researchandmarkets.com/research/wgnkxm/north_american
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