Lighting Contactor Market – Introduction

A contactor is an electrically controlled switch used for switching an electrical power circuit. A contactor can be controlled by a circuit which has a lower power level as compared to switched circuit. Lighting contactors are designed for to provide safe and convenient system for local or remote switching lamp loads. Lighting contactors are suitable for various types of lamp loads which includes tungsten or ballast lamp load, high pressure and low pressure sodium lamp loads, and other non-motor lamp loads. Moreover, the use of lighting contactors offer multiple benefits such as, three-point mounting for fast, sure, and easy installation, convenient side access for field power wiring, and enclosed contacts to resist contaminants and provide greater reliability. Lighting contactors have rugged construction, heavy duty ratings and have wide selection of control options and accessories, owing to these qualities lighting contactors are used in various indoor and outdoor applications.

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Lighting Contactor Market – Competitive Landscape

ABB

Founded in 1988, ABB is headquartered in Zurich, Switzerland. The company is a global player in manufacturing of electrification, industrial automation, motion, and robotics & discrete automation products. The company’s electrification business offers a wide range of products that includes wiring accessories, switchgear, cabling, enclosures, sensing, and control. The ABB Group of companies operates in roughly 100 countries with about 147,000 employees.

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Lighting Contactor Market – Dynamics

Rising Adoption of Lighting Contactor in Indoor Applications is driving the Market

In modern day era people are informative and aware about energy saving by using smart lighting systems. The lighting contactor is useful as it consumes very less amount of control power. They are cost effective than mechanically held contactors. Owing to this in majority of smart residential buildings, commercial buildings, and industrial plants electrically held contactors are increasingly adopted. Moreover, dimmer and relays are integrated with lighting control systems due to which lighting contactor can control flow of electricity in the circuit and plays an important role in reducing energy consumption. As a result of this, the adoption of lighting control system is rising in indoor applications, which in turn, will drive the lighting contactor market.

Introducing an Energy Efficient Lighting System Regulation by Various Governments across the Globe

Governments of various countries across the globe are engaged in introducing regulations that encourage the adoption of energy efficient lighting systems. In order to fulfill the requirement of energy efficient lighting, the use of lighting contactor system is phasing out old lighting systems. Moreover, governments are taking various initiatives for development of smart cities and conservation of energy which are expected to offer opportunities in the lighting contactor market. However, the cost of installation of lighting contactor is high which could be a restraining factor to the growth of the market.