Argentina Light Control Switches Market research report, 2028

The light control switch market in Argentina dates back to the early 20th century, when electricity was first introduced in the country. The use of electricity for lighting and other purposes rapidly increased in the following decades, leading to the growth of the electrical components industry, including the production of light and fixture control switches. During the mid-20th century, the Argentine electrical industry experienced significant expansion with the introduction of new technologies and the development of local manufacturing capabilities. Many national and international companies have established operations in Argentina, including those involved in the production of light and fixture control switches. In the 1980s and 1990s, Argentina went through a period of economic liberalisation and deregulation, which had both positive and negative impacts on the electrical industry. On the one hand, it led to increased competition and the entry of new players in the market. On the other hand, it also resulted in the closure of many domestic manufacturers due to increased imports and currency devaluation. Despite these challenges, the light and fixture control switches market in Argentina continues to evolve and grow, driven by technological advancements, changes in consumer preferences, and the introduction of new regulations and standards. Today, there are many local and international companies operating in the market, offering a wide range of products and services to meet the diverse needs of consumers and businesses. According to the research report "Argentina Light Control Switches Market research report, 2028," published by Actual Market Research, the Argentina Light Control Switches market is projected to reach a market size of more than USD 73 Million by 2028. The demand for light and fixture control switches is increasing due to the growth of the construction industry and the development of residential buildings in Argentina. As more buildings, homes, and commercial spaces are constructed, the demand for lighting fixtures and control switches is also increasing. The development of new technologies is driving the growth of the light and fixture control switches market in Argentina. Manufacturers are introducing new products with improved features, such as smart switches that can be controlled using mobile apps or voice commands, making them more convenient and efficient. There is a growing emphasis on energy efficiency in Argentina, driven by rising electricity costs and concerns over climate change. Light and fixture control switches are seen as a way to reduce energy consumption and improve energy efficiency in buildings. The Argentine government has introduced regulations and a standard aimed at improving energy efficiency in buildings, which is driving the adoption of light and fixture control switches that meet these standards. Based on the report, the product types include rocker and toggle switches, touch-based switches, dimmers, sensor-based switches, wireless or kinetic switches, and others (keypad switches, push-button switches, illuminated switches). The rocker and toggle switches held the major share in the Argentina market. In the future, touch-based switches will grow at the highest CAGR in the country. Touch-based switches are more convenient to use than traditional switches, as they do not require any physical force to operate. Users can simply touch the switch to turn lights on or off, adjust brightness or dimness, and control other functions. Also, the touch-based switches can be programmed to save energy by automatically turning off lights when not in use or adjusting the brightness level based on ambient light levels. This can help reduce energy consumption and lower electricity bills. That is why touch-based switches will grow in the future in this country. Based on the switch solution, which includes the standalone and integrated solutions, In Argentina, standalone solutions lead the market. Standalone solutions are typically less expensive than integrated solutions, making them more accessible to a wider range of consumers. Also, standalone solutions are generally more reliable than integrated solutions, as they do not depend on other systems or components to function properly. They are also less likely to experience software or hardware failures, reducing the risk of downtime or malfunction. There are several start-ups in Argentina that are focused on developing innovative solutions for the light and fixture control switch market. FlexDin is a start-up that specialises in developing smart lighting systems for homes and businesses. Their system includes a range of wireless control switches, dimmers, and sensors that can be controlled using a mobile app or voice commands. Sentilo is a start-up that provides a platform for managing and monitoring smart city infrastructure, including lighting systems. Their platform includes a range of sensors and control switches that can be used to optimise energy usage and improve the efficiency of municipal lighting systems. Ambinote is a start-up that has developed a unique technology for controlling lighting systems using sound. Their system uses ultrasonic waves to communicate with light fixtures and control switches, allowing users to adjust the lighting using hand gestures or voice commands. Nuclius is a start-up that specialises in developing intelligent lighting systems for the hospitality industry. Their system includes a range of wireless control switches, dimmers, and sensors that can be used to create customised lighting experiences for guests. Lucero is a start-up that has developed a range of smart lighting fixtures and control switches for homes and businesses. Their products include dimmers, colour-changing bulbs, and wireless control switches that can be used to create a range of lighting effects and moods. Based on the report, the distribution channel includes retail stores, institutions, supermarkets, hypermarkets, and others. Retail stores are leading the market in Argentina. Considered in this report • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Argentina Light Control Switches market with its value and forecast along with its segments • Country-wise Light Control Switches market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Rocker & Toggle Switches • Touch-Based Switches • Dimmers • Sensor-based Switches • Wireless/ Kinetic Switches • Others By Switch Solution • Standalone • Integrated By Application • Residential • Commercial • Others By Distribution Channel • Retail Stores • Institutional • Supermarket/ Hypermarket • Online The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Light Control Switches industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.