Impact of COVID-19 on the Dimmers Market
Dimmers are devices that are connected to lighting systems for reducing the brightness or to control light production from LCD, incandescent, CFL, and halogen lights. The high adoption of potential lighting systems and government initiatives supporting the development of smart homes and smart cities are the major factors driving the growth of the market. Other factors responsible for the growth of the market are the increasing demand for energy-efficient lights and the growing integration of IoT technology to design connected lighting systems, which has resulted in the rising adoption of dimmers. However, the outbreak of COVID-19 has lowered the demand for lighting systems across the globe. The pandemic has significantly altered the consumers’ buying behavior. The customers’ inclination to buy IoT devices has been low during the pandemic, which is decreasing the adoption of dimmers and thus hindering the growth of the market. Although people are spending a considerable amount of time at home, they are more focused on buying essential goods rather than IoT devices.
Dimmers are widely adopted in commercial spaces. However, the delays caused in the delivery of construction projects due to the suspension of construction activities have decreased the adoption of lighting systems, which in turn, has lowered the adoption of dimmers during the pandemic. The closure of businesses and offices have also affected the adoption of lighting systems, which is, in turn, hampering market growth. The decreasing sales of dimmers from the commercial and industrial sectors have negatively impacted the growth of the market. The COVID-19 pandemic has drastically affected the manufacturing industry owing to the temporary suspension of the production activities to curb the spread of the virus. The key players in the market have invested heavily in the development of dimmers. However, the lockdowns imposed to contain the spread of COVID-19 have affected manufacturing operations globally.
Global Smart Lighting Market Size (USD Billion)