Smart wiring devices market is anticipated to grow at a CAGR of 12.4% during the forecast period (2023-2030). The market’s growth is attributed to demand for simplified solutions. Decora Edge addresses the market’s demand for simpler and more user-friendly installation methods, reducing complexity and time in electrical installations. For instance, in January 2023, Leviton introduced its Decora Edge line of wiring devices a faster, easier and safer way to install electrical devices for the home. In comparison to traditional switches and outlets, Decora Edge simplifies installation by allowing users to simply push stripped 14-gauge or 12-gauge electrical building wire into a termination port and close a lever that clicks into place, safely terminating the connection.
Get Free Sample link @ https://www.omrglobal.com/request-sample/smart-wiring-devices-market
Among the product types, the smart thermostats segment is expected to hold a considerable share of the global smart wiring devices market. The segmental growth is attributed to cost savings and efficiency. Solutions such as the UEI TBH300 satisfy industry expectations for low-cost devices that provide substantial energy savings and operational efficiency. For instance, in July 2022, Universal Electronics Inc. launched the new UEI TBH300 Smart Thermostat. The new UEI TBH300 thermostat sets the standard with a sustainable energy feature that allows property managers and hoteliers to save money and energy on occupied units and rooms. The thermostat is controlled by the RUCKUS IoT suite for hospitality which allows for temperature management in addition to rapid installation.
full report of Smart Wiring Devices Market available @ https://www.omrglobal.com/industry-reports/smart-wiring-devices-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Smart Wiring Devices Market by Product Type
- Smart Switches
- Smart Dimmers
- Smart Thermostats
- Smart Outlets/Plugs
- Others (Smart Panels/Distribution Boards, and Smart Circuit Breakers)
Global Smart Wiring Devices Market by End-User
- Automated
- Manual
Global Smart Wiring Devices Market by End-User
- Residential Sector
- Commercial Buildings
- Industrial Sector
- Government and Public Infrastructure
- Others (Healthcare Facilities, and Educational Institutions)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Bio-Rad Laboratories, Inc.
- Danaher Corp.
- DNASTAR
- Eurofins Scientific
- Genomatix
- Helix OpCo, LLC.
- Huawei Technologies Co. Ltd
- Illumina, Inc.,
- Integrated DNA Technologies
- Macrogen, Inc.
- PerkinElmer U.S. LLC
- QIAGEN GmbH
- Thermo Fisher Scientific Inc.,
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart wiring devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies. Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-wiring-devices-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
