The Global Human Centric Lighting Market accounted for US $1.18 Bn in 2020 with a considerable CAGR of 35.9% during the forecast period of 2021 to 2028.
Report coverage
| Market |
Human Centric Lighting Market |
| Analysis Period |
2017 - 2028 |
| Base Year |
2020 |
| Forecast Data |
2021 - 2028 |
| Segments Covered |
By Offering, By Application, And By Geography |
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Signify Lighting NV, OSRAM Licht AG, Acuity Brands, Inc., Cree, Inc., Legrand SA, Hubbell Inc., Zumtobel Group AG, Wipro Enterprises (P) Ltd., Glamox AS, and Lutron Electronics Co., Inc. among others.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
| Customization Scope |
10 hrs of free customization and expert consultation
|
Human Centric Lighting (HCL) is a comprehensive approach to studying the impact of light on humans. It's best described as artificial indoor illumination that mimics the daily outdoor rhythm of natural daylight. The solution's core concept is to imitate the effects and luminance of natural sunshine in order to increase melatonin and serotonin levels in humans. The right light at the right time can influence everything from sleep to how a person feels and perform. Human-centric lighting (HCL) is therefore advantageous for schools/colleges, healthcare facilities, offices, and industrial buildings. Thus, in the workplace and educational settings, these lighting solutions can increase concentration, safety, and efficiency.
Market Dynamics
The growing popularity of new lighting innovations and high adoption of LED lighting solutions are the primary factors driving the growth of the global human-centric lighting market. Besides, initiatives toward replacing conventional lights also drive the global human-centric lighting market growth. In addition, the growing demand for energy-efficient lighting solutions is a global human centric lighting market trend. However, high maintenance and ownership costs, and compatibility issues limit the market growth. Moreover, growth in adoption of IoT, and implementation of wireless technology for led lighting is likely to generate numerous growth opportunities in the given forecast period 2021 – 2028.
The growing demand for energy-efficient lighting solutions propels the human centric lighting industry
Lighting is widely employed in everyday life. It has a huge impact on our quality of life as well as the productivity of our workforces. Artificial illumination allows individuals to work longer hours in their homes, offices, buildings, and factories. Governments can benefit from energy-efficient lighting in a variety of ways. Lighting that is energy efficient has the lowest life-cycle cost. It may be used to boost market efficiency across a variety of products and hasten the adoption of more efficient technology. It decreases customer bills, lowers peak loading, and minimizes mercury and the amount of waste delivered to the landfill. In their marketplaces, several countries and economies promote energy-efficient lighting systems. They accomplish this through a combination of regulatory, policy, and financial processes. Argentina, Brazil, Ghana, Jordan, Ecuador, the Russian Federation, Senegal, South Africa, and Tunisia are among the countries attempting to implement such measures in their national lighting markets. With the help of the United Nations Environment Programme's United for Efficiency initiative (U4E), 48 developing and emerging countries have completed national or regional lighting efficiency initiatives. By the end of 2016, these countries will have implemented plans to phase out inefficient incandescent bulbs.
Market Segmentation
The global human centric lighting market is segmented based on offering, installation type, application, and region. Based on the offerings segment, the market bifurcates into hardware, fixtures, software, services, and controllers (sensors, drivers, microprocessors & microcontrollers, switches & dimmers, and transmitters & receivers). Based on the installation type, the segment is bifurcated into new installations and retrofit installations. Moreover, the application segment is further sub-segmented into IT and telecom, residential, enterprises & data centers, wholesale & retail, educational institutions, industrial, healthcare, and hospitality. Among the application segment, IT & telecom led the market with the utmost share in 2020 and is expected to register significant growth during the forecast timeframe 2021 – 2028.
Regional Overview
North America region is expected to lead the global human-centric lighting market during the projected period of 2021 to 2028
Among all the regions, Europe generated the highest revenues in 2020. This is attributed to the increasing usage of intelligent light systems in healthcare and commercial segments. Besides, governmental initiatives taken for the implementation of human centric lighting and key players’ involvement are some factors that are also contributing towards the dominant growth of the European human centric lighting market. Germany occupied the largest EU market share owing to the growing awareness of human centric lights and the presence of many high-tech companies. North America stood for the second position in the global market in 2020. The market for North America is growing on account of the rapid adoption of innovative IoT and wireless communication technologies. Meanwhile, the Asia-Pacific Human Centric Lighting Market is anticipated to witness the fastest CAGR throughout the forecast period 2021 – 2028. The market for APAC is growing because of the rapid urbanization and construction activities in countries such as China and India, due to its high population ratio. Moreover, robust demand for human centric lights in newly constructed infrastructure such as hospitals, offices, and residential spaces are also likely to surge the growth of the APAC market.
Competitive Landscape
This section of the report pinpoints various key vendors of the market. Some of the key players offered in the report include Signify Lighting NV, OSRAM Licht AG, Acuity Brands, Inc., Cree, Inc., Legrand SA, Hubbell Inc., Zumtobel Group AG, Wipro Enterprises (P) Ltd., Glamox AS, and Lutron Electronics Co., Inc. among others.
Market Segmentation
Market By Offering
- Hardware
- Fixtures
- Software
- Services
- Controllers
- Sensors
- Drivers
- Microprocessors & Microcontrollers
- Switches & Dimmers
- Transmitters & Receivers
Market By Application
- Wholesale & Retail
- Residential
- Enterprises & Data Centers
- Educational Institutions
- Healthcare
- Industrial
- Hospitality
Market By Geography
- North America
- Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Offering
1.1. Definition and Scope
1.1.1. Definition of Offering
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Human Centric Lighting Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Offering By Offering
1.2.3. Offering By Installation Type
1.2.4. Offering By Application
1.2.5. Offering by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Human Centric Lighting Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Human Centric Lighting Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Hospitality Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Hospitality Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Hospitality Plant Analysis
4.1. Hospitality Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Function Source of Offering Major Manufacturers in 2019
CHAPTER 5. Offering By Offering
5.1. Introduction
5.2. Human Centric Lighting Revenue By Offering
5.2.1. Human Centric Lighting Revenue (US$ Bn) and Forecast, By Offering, 2017-2028
5.2.2. Hardware
5.2.2.1. Hardware Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.3. Fixtures
5.2.3.1. Fixtures Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.4. Software
5.2.4.1. Software Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.5. Services
5.2.5.1. Services Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6. Controllers
5.2.6.1. Controllers Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6.2. Sensors
5.2.6.2.1. Sensors Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6.3. Drivers
5.2.6.3.1. Drivers Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6.4. Microprocessors & Microcontrollers
5.2.6.4.1. Microprocessors & Microcontrollers Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6.5. Switches & Dimmers
5.2.6.5.1. Switches & Dimmers Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6.6. Transmitters & Receivers
5.2.6.6.1. Transmitters & Recievers Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 6. Offering By Installation Type
6.1. Introduction
6.2. Human Centric Lighting Revenue By Installation Type
6.2.1. Human Centric Lighting Revenue (US$ Bn) and Forecast, By Installation Type, 2017-2028
6.2.2. New Installations
6.2.2.1. New Installations Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.3. Retrofit Installations
6.2.3.1. Retrofit Installations Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 7. Human Centric Lighting Market By Application
7.1. Introduction
7.2. Human Centric Lighting Revenue (US$ Bn) By Application
7.2.1. Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
7.2.2. Wholesale & Retail
7.2.2.1. Wholesale & Retail Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.3. Residential
7.2.3.1. Residential Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.4. Enterprises & Data Centers
7.2.4.1. Enterprises & Data Centers Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.5. Healthcare
7.2.5.1. Healthcare Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.6. Educational Institutions
7.2.6.1. Education Institutions Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.7. Industrial
7.2.7.1. Industrial Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.8. Hospitality
7.2.8.1. Hospitality Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 8. North America Human Centric Lighting Market By Country
8.1. North America Offering Overview
8.2. U.S.
8.2.1. U.S. Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
8.2.2. U.S. Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
8.2.3. U.S. Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
8.3. Canada
8.3.1. Canada Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
8.3.2. Canada Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
8.3.3. Canada Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
8.4. North America PEST Analysis
CHAPTER 9. Europe Human Centric Lighting Market By Country
9.1. Europe Offering Overview
9.2. U.K.
9.2.1. U.K. Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
9.2.2. U.K. Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
9.2.3. U.K. Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
9.3. Germany
9.3.1. Germany Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
9.3.2. Germany Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
9.3.3. Germany Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
9.4. France
9.4.1. France Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
9.4.2. France Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
9.4.3. France Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
9.5. Spain
9.5.1. Spain Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
9.5.2. Spain Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
9.5.3. Spain Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
9.6. Rest of Europe
9.6.1. Rest of Europe Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
9.6.2. Rest of Europe Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
9.6.3. Rest of Europe Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Human Centric Lighting Market By Country
10.1. Asia Pacific Offering Overview
10.2. China
10.2.1. China Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
10.2.2. China Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
10.2.3. China Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
10.3. Japan
10.3.1. Japan Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
10.3.2. Japan Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
10.3.3. Japan Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
10.4. India
10.4.1. India Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
10.4.2. India Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
10.4.3. India Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
10.5. Australia
10.5.1. Australia Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
10.5.2. Australia Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
10.5.3. Australia Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
10.6. South Korea
10.6.1. South Korea Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
10.6.2. South Korea Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
10.6.3. South Korea Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
10.7.2. Rest of Asia-Pacific Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
10.7.3. Rest of Asia-Pacific Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Human Centric Lighting Market By Country
11.1. Latin America Offering Overview
11.2. Brazil
11.2.1. Brazil Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
11.2.2. Brazil Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
11.2.3. Brazil Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
11.3. Mexico
11.3.1. Mexico Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
11.3.2. Mexico Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
11.3.3. Mexico Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
11.4. Rest of Latin America
11.4.1. Rest of Latin America Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
11.4.2. Rest of Latin America Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
11.4.3. Rest of Latin America Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Human Centric Lighting Market By Country
12.1. Middle East & Africa Offering Overview
12.2. GCC
12.2.1. GCC Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
12.2.2. GCC Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
12.2.3. GCC Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
12.3. South Africa
12.3.1. South Africa Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
12.3.2. South Africa Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
12.3.3. South Africa Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Human Centric Lighting Revenue (US$ Bn) and Forecast By Offering, 2017-2028
12.4.2. Rest of Middle East & Africa Human Centric Lighting Revenue (US$ Bn) and Forecast By Installation Type, 2017-2028
12.4.3. Rest of Middle East & Africa Human Centric Lighting Revenue (US$ Bn) and Forecast By Application, 2017-2028
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Offering
13.1. Offering Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Human Centric Lighting Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. Signify Lighting NV
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Bn), 2019
14.1.3.2. Signify Lighting NV 2019 Human Centric Lighting Business Regional Distribution
14.1.4. Product/Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. OSRAM Licht AG
14.3. Acuity Brands, Inc.
14.4. Cree, Inc.
14.5. Legrand SA
14.6. Hubbell Inc.
14.7. Qlik Technologies Inc.
14.8. SAP SE
14.9. SAS Institute Inc.
14.10. Tableau Software, Inc.
14.11. Zumtobel Group AG
14.12. Wipro Enterprises (P) Ltd.
14.13. Glamox AS
14.14. Lutron Electronics Co., Inc.
