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Light switches, electrical sockets market to reach $70.60 bn by 2034

EPR Magazine (Electrical & Power Review)

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September 2025

According to Polaris Market Research, the market is projected to grow at a CAGR of 9.94 percent from 2025 to 2034.

Light switches, electrical sockets market to reach $70.60 bn by 2034

Light switches and electrical sockets might seem like small details, but they play a big role in how we live, work and design our spaces. From modern homes to high-tech offices, the right switches and sockets add both function and style. With today's growing focus on safety, energy efficiency, and sleek aesthetics, these everyday essentials are getting smarter and more stylish than ever. Whether you are renovating a room or building from scratch, choosing the right fittings can make a surprising difference.

What are light switches and electrical sockets?

Light switches and electrical sockets are basic electrical fixtures used in homes, offices and buildings. A light switch controls the flow of electricity to a light fixture, allowing users to turn lights on or off. An electrical socket (also known as a power outlet) provides access to electricity that enables devices and appliances to be plugged in and powered. Together, they form an essential part of any electrical system supporting everyday convenience, comfort and functionality.

Light switches and electrical sockets market insights

  • The global light switches and electrical sockets market was valued at USD 27.42 billion in 2024.

  • The market is projected to grow at a CAGR of 9.94 percent from 2025 to 2034.

  • By 2034, the market is expected to reach a value of USD 70.60 billion.

Types of light switches

In today's homes and commercial spaces, switches do more than turn lights on and off. Here are some of the different types of light switches:

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