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Global Human Centric Lighting Market is expected to reach $8,026.36 million by 2027 growing at a CAGR of 33.2% during 2019 to 2027.
Some of the key players profiled in the Human Centric Lighting Market include General Electric, Hubbell Inc, Legrand SA, OSRAM Licht AG, SG Lighting Ltd, Zumtobel Group AG, Wipro Enterprises, Cree, Inc., TRILUX GmbH & Co. KG, Signify Lighting NV, Glamox AS, Regiolux, Lutron Electronics Co., Inc, Herbert, Lumileds Holding B.V., Controlled Lighting Corp., Acuity Brands, Inc., Ledmotive, Waldmann GmbH & Co. KG, and Healthe.
Factors such as the growing smart city establishments, rising demand for energy-efficient lighting solutions, and the increasing demand for IoT devices in residential and commercial spaces are driving the market growth. However, the high installation cost of this system is hampering the growth of the market.
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Human centric lighting encourages a person’s well-being, mood, and health by adjusting directions, color temperatures, and illuminance. These lighting solutions can improve concentration, safety, and efficiency in workplaces as well as educational environments. It also helps in the prevention of chronic diseases for individuals having irregular daily routines.
Based on the installation type, the new installations segment is going to have high growth during the forecast period owing to the construction of various new commercial, educational, and institutional facilities across the globe.
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By geography, Europe is going to have high growth during the forecast period as the infrastructure refurbishment in this region is attributed to high focus on providing healthy and well-illuminated building environments.
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Products Covered: • LED Light Sources
• Conventional Light Sources
Offerings Covered: • Hardware • Services
• Software
Installation Types Covered: • Retrofit Installations
• New Installations
Applications Covered: • Outdoor
• Indoor
End Users Covered: • Transport • Residential • Educational Institutions • Plant-Centric Lighting • Office • Marine and Aviation • Correctional Facilities • Industrial • Hospitality • Enterprises & Data Centers • Commercial • Animal-Centric Lighting • Manufacturing • Healthcare • Elite Sports • Wholesale & Retail
• Institutional
Regions Covered:
• North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa
o Rest of Middle East & Africa
What our report offers: – Market share assessments for the regional and country level segments – Market share analysis of the top industry players – Strategic recommendations for the new entrants – Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) – Strategic recommendations in key business segments based on the market estimations – Competitive landscaping mapping the key common trends – Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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