The global Gesture Control Light market is expected to witness a market value of US$ 17.0 Billion in 2023 and is expected to accumulate a market value of US$ 90.5 Billion by registering a CAGR of 18.2% in the forecast period 2023 to 2033. The Gesture Control Light market registered a CAGR of 15.4% in the historical period 2018 to 2022. Factors such as increased demand for smart homes and automation, advancements in technology, growing awareness of energy conservation, convenience, and ease of use, as well as integration with other smart home devices, are expected to boost the market growth over the analysis period.
As per Future Market Insights - a market research and competitive intelligence provider, the global market value for Gesture Control Light has flourished. One of the primary factors contributing to the growth of the Gesture Control Light market is the increased demand for smart homes and automation. The rise in demand has fueled the growth of gesture control technology in the lighting market. Gesture-controlled lighting systems enable users to control their home lighting systems with simple hand gestures, making it a convenient and intuitive way to control their home environment.
Additionally, recent advancements in sensor technology, artificial intelligence, and machine learning have made gesture control technology more accurate and reliable than ever before. The use of sophisticated sensors allows gesture control systems to detect even the slightest movements, making them highly responsive and accurate. This has led to an increase in the adoption of gesture control technology in the lighting market.
Furthermore, the growing awareness of the need for energy conservation has led to an increased demand for energy-efficient lighting solutions. Gesture-controlled lighting systems can help reduce energy consumption by enabling users to turn lights on and off with simple hand gestures. This makes them an ideal choice for environmentally-conscious consumers who want to reduce their carbon footprint.
Gesture-controlled lighting systems are incredibly easy to use and require little to no training. Unlike traditional lighting systems that require users to navigate complicated menus and settings, gesture-controlled systems can be operated with simple hand gestures, making them highly convenient and user-friendly. This ease of use has contributed to the growing adoption of gesture control technology in the lighting market.
Besides, the integration with other smart home devices is another major factor driving the market growth. Gesture-controlled lighting systems can be easily integrated with other smart home devices, such as smart speakers and thermostats. This integration enables users to control all their smart home devices with simple hand gestures, making it a convenient and streamlined way to manage their home environment.
On the regional end, the Gesture Control Light market in North America is expected to account for the maximum share during the analysis period. Factors such as the increasing adoption of smart homes and home automation technologies, the presence of major market players in the region, and the growing trend of energy-efficient lighting systems in the region, are anticipated to escalate the regional market growth.
On the other hand, the Gesture Control Light Market in Europe is witnessing significant growth in recent years. The regional market growth is driven by factors such as the favorable regulatory environment, the increasing demand for innovative and user-friendly products, coupled with the growing trend of connected homes in the region.
Recent developments in the technology, mergers and acquisitions, and partnerships within the companies involved in the manufacturing of Gesture Control Light are expected to create lucrative opportunities for the market growth over the analysis period. For instance,
Data Points | Key Statistics |
---|---|
Expected Market Value in 2023 | US$ 17.0 Billion |
Projected Market Value in 2033 | US$ 90.5 Billion |
Growth Rate (2023 to 2033) | 18.2% CAGR |
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According to the latest research by Future Market Insights, the gesture control light market is growing at a substantial rate from 2023 to 2033. Long-term consumption of gesture control lights will increase due to increased demand for touchless sensing technology and burgeoning digitization across various consumer products.
Moreover, the increasing use of gesture control technology for baby nursery night lights applications will provide momentum in the market.
The lighting industry's evolving LED lighting systems, as well as shifting consumer interest in smart home technology due to its convenience, increased energy efficiency factors, and improved device functionality, are driving demand for innovative smart home devices such as gesture control lights.
Moreover, rapidly growing innovation in gesture recognition and touchless sensing technology along with the application of the Internet of things (IoT) in consumer electronics be a lucrative opportunity for gesture control light manufacturers.
The sales of gesture control lights have ballooned in the last few years. Consumers are increasingly gaining confidence to operate and control devices simply with their gestures. In addition, gesture controls technology has the capacity to eliminate dirt and bacteria as well as the risk of infection.
The sales of smart home devices are severely impacted by the Covid-19 pandemic. Global sales of smart home devices have declined in 2020 due to temporary shutdown of manufacturing facilities and shifting consumer spending on essential products. In the long run, however, demand for smart home devices such as gesture control lights embedded with virtual reality will be the next technology trend in the near future.
Traditionally, the lights have only ON and OFF options, which has led to energy loss due to continuing operational on extreme voltage. Thus, manufacturers in the lighting industry have significantly invested in research activities to introduce novel lighting products with gesture control technology to switch on the light automatically. In addition, its user-friendly nature enables consumers to adopt for gesture control light technology.
In virtual reality and augmented reality, gesture technology is also an identical natural way to interact with digital artifacts which will witness sustained opportunities for gesture control light manufacturers in the future. These factors have significantly contributed towards market growth in the past few years.
The USA is always on the frontline in terms of the adoption of novel technology. It is one of the largest markets for gesture control light across the globe. The US gesture control light market is set to witness a healthy CAGR during the forecast period.
Demand is likely to remain steady in the next couple of years, as consumers are considerably seeking for alternatives to enhance their household lighting in order to make daily tasks easier. Additionally, consumers are also seeking baby-changing LED night lights with gesture control technology and customization options is likely to create opportunities in the next coming years.
USA gesture control light sales will also be grown by young individual buyers who are more passionate about advanced technology and want homes full of smart devices and convenience architects.
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Asia-Pacific is likely to offer attractive opportunities in the global gesture control market in the coming years, as consumers in developing countries are significantly investing in home automation systems, especially in urban areas.
However, with increasing cases of Covid-19 in developing countries as compared to US and European countries, people are avoiding touch surfaces including doorknobs, switches, and keys, creating opportunities for gesture control light companies to cater to the rise in demand for smart products with sensor technology that can detect hand movements.
Moreover, with a significantly increasing population of nuclear families in developing economies, the trend of compact homes and small apartments across various countries is gaining popularity. Thus, recoganising the potential of small-sized apartments, companies are introducing novel products to suit the requirements of buyers and smartly designing products to maximise space will remain key to steady demand for products in the long run.
Some of the leading manufacturers and suppliers of gesture control light include
Many prominent lighting industry players are developing user-friendly and eco-friendly products with touchless light control systems to prevent the spread of germs and dirt, primarily for hospitals, hotels, long-term care facilities, public washrooms, offices, laboratories, households, and other applications.
For instance, in 2017, Allocacoc developed a gesture controlled light namely ‘LightCube’, which provides convenience to home lighting with intuitive gesture control.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Price Range 6.2. Material Type 6.3. End Use 6.4. Sales Channel 7. Global Market Analysis and Forecast, By Price Range 7.1. Economy 7.2. Mid-Range 7.3. Premium 8. Global Market Analysis and Forecast, By Material Type 8.1. Glass 8.2. Fabric 8.3. Metal 8.4. Plastic 8.5. Others 9. Global Market Analysis and Forecast, By End Use 9.1. Residential 9.2. Commercial 10. Global Market Analysis and Forecast, By Sales Channel 10.1. Specialty Outlets 10.2. Multi-Brand Stores 10.3. Independent Electronic Stores 10.4. Online Retailers 10.5. Other Sales Channel 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. Asia Pacific 11.6. Japan 11.7. Middle East and Africa 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. Japan Sales Analysis and Forecast, by Key Segments and Countries 18. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Price Range, Material Type, End Use, and Sales Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Nimbus Group GmbH 21.2. Blebox Sp. z o 21.3. Allocacoc 21.4. Banvil 2000 21.5. Elmos Semiconductor SE 21.6. Hillmax 21.7. iGear 21.8. ROOME 21.9. xhope 21.10. Sensinova 21.11. Nyrwana Company 21.12. Others
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