PUBLISHER: Market Research Future | PRODUCT CODE: 1490771
PUBLISHER: Market Research Future | PRODUCT CODE: 1490771
Landscape projects in public, commercial, and residential areas are among the infrastructure projects that have exploded because of the continuous urbanization in North America. This has made low-voltage landscape lighting transformers much in demand for efficient outdoor illumination. The need of improving external appearance and establishing a friendly atmosphere in both residential and business areas is becoming more and more important. These goals are further advanced by low-voltage landscape lighting transformers, which offer adjustable lighting solutions for different outdoor environments. Outdoor lighting solutions are in increased demand as house remodeling and improvement projects proliferate throughout North America. Quality transformers are becoming more and more necessary as homeowners spend money on changing their outdoor areas with cutting-edge lighting designs.
Technology is advancing quickly in the landscape lighting sector, and smart features like dimming, timers, and remote control are being included. By creating transformers that work with smart lighting systems, makers of transformers may profit from these developments and provide customers with more functionality and convenience. The need for landscape lighting solutions is being driven by the growing popularity of outdoor living areas in recent years. It takes creative lighting designs to turn outdoor spaces into useful and beautiful places, which offers transformer manufacturers chances to offer solutions that meet this expanding market niche. North American construction is growing steadily, which is driving up demand for landscape lighting solutions for both residential and commercial buildings.
An integral part of outdoor lighting systems, a low-voltage landscape lighting transformer transforms high-voltage electricity from the main power source into a lower voltage appropriate for operating landscape lighting fixtures. Usually 120V or 240V, conventional home voltage, is stepped down by these transformers to a safer and more energy-efficient low-voltage range, usually 12V or 24V. These transformers increase energy efficiency and prolong the life of lighting equipment by lowering the voltage, therefore guaranteeing the safe functioning of landscape lighting systems.
Market Segment Insights
Tap configuration, voltage, application, communication technology, end users, and country are the segments of the North American low-voltage landscape lighting transformer market. Single tap transformers and multi-tap transformers make up the market segments according to tap configuration.
There are two voltage segments in the market: 12 and 24 volts. Applications-based market segments include floodlights, lighting fixtures, motion sensors, and others. The floodlights sector is anticipated to increase at a compound annual growth rate (CAGR) of 6.3% during the forecast period, having had a 52.7% market revenue share in 2022. Wi-Fi and Bluetooth make up the two communication technology segments of the industry. Residential and commercial end-users make up the market segments.
Top Participants
Top companies in the market are Pacific Transformer Corporation, Haven Lighting, Aquascape, Inc., Justin, Inc., Hammond Power Solutions, khanTECH, Americana Outdoor Lighting, COLOER, Kerr Lighting, and FX LUMINAIRE (HUNTER INDUSTRIES INC).
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EUROPE AND TURKEY NPK COMPLEX FERTILIZERS MARKET?141