Human Centric Lighting Market Introduction and Overview
According to SPER Market Research, the Global Human Centric Lighting Market is estimated to reach USD 26.11 billion by 2033 with a CAGR of 26.33%.
The report includes an in-depth analysis of the Global Human Centric lighting Market, including market size and trends, product mix, Applications, and supplier analysis. A style of lighting known as "human centric lighting" aims to mimic the natural daylight that powers bodily processes and fosters employee wellbeing in the workplace. It improves health, comfort, and performance. It also enables the perception of contrast and information as well as the identification of brightness, forms, colours, and images. Enhancing human experience—and especially quelling the desire for natural sunlight—is the aim of human-centric lighting.
This calls for sophisticated lighting systems that replicate the way light changes in colour and intensity throughout the day. Dynamic spectrum lighting, which allows light to be adjusted across the visible spectrum of colours and provides a wide range of whites, pastels, and intense hues, is now offered by several creative LED lighting firms. To improve its lighting position in North America, Legrand acquired Kenall Manufacturing (US) in December 2018. Kenall Manufacturing (US) is an American leader in lighting solutions dedicated to specialist applications and crucial non-residential environments.
- Legrand purchased Netatmo (France), a top smart home provider in France, in November 2018 in order to expand its product line with new, complementary, and highly potential linked home categories.
- The LXB Series Linear High-Bay luminaires, which provide best-in-class performance with improved efficacy, dependability, and an extended lifespan, were introduced by Cree in October 2018. These luminaires are perfect for high ceilings, warm environments, and prominent areas.
Market Opportunities and Challenges
The market for human-centric lighting is expected to increase significantly due to developments in wireless communication technology for smart lighting systems, the rise in smart city initiatives, and the development of IoT technology for ambient lighting. Additionally, the emergence of smart cities is causing a rapid urbanization in emerging nations. One of the main drivers of the expansion of the human-centric lighting market would be the increased need for energy-efficient and human-beneficial lighting solutions brought about by this infrastructural development. The market for human-centric lighting is expected to grow due to a number of factors, including the high adoption of LED lighting solutions, the growing need for energy-efficient lighting solutions, and initiatives to establish smart cities, which are driving demand for human-centric lighting solutions.
Lack of universal standards is one of the main issues facing the human-centric lighting sector. Manufacturers differ in the standards of their products from one area or region to another as a result of unclear standards and protocols for LED and other light sources. Lighting system manufacturers are concentrating on creating open protocol products. Lighting producers are currently required to adhere to global industry standards on light source compatibility. Inefficiencies in the sector are frequently caused by the absence of a single standard. For instance, producers of LED modules are unable to take advantage of economies of scale, and designers and producers of fixtures are unable to create their products efficiently due to a dearth of comprehensive coordination among different suppliers of parts.
Market Competitive Landscape
The Human Centric Lighting industry is fragmented and competitive, with several major competitors in the market. Several prominent players in the industry include Zumtobel Group AG, OSRAM GmbH, Hubbell Incorporated, Fagerhult Group, Eaton Corporation plc, Helvar, Glamox AS, Waldmann GmbH & Co. KG, Schréder Group, Coolon LED Lighting, ERCO GmbH, Nualight Limited, Zumtobel Lighting GmbH, and LEDVANCE GmbH.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Component Type, Installation Type, By Application
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Zumtobel Group AG, OSRAM GmbH, Hubbell Incorporated, Fagerhult Group, Eaton Corporation plc, Helvar, Glamox AS, Waldmann GmbH & Co. KG, Schréder Group, Coolon LED Lighting, ERCO GmbH, Nualight Limited, Zumtobel Lighting GmbH, LEDVANCE GmbH.
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COVID-19 Impact on Global Human Centric Lighting Market
The market's growth was significantly impacted by the COVID-19 epidemic. The disturbances highlighted the significance of human-centric lighting, even though they also featured supply chain disruptions and project postponements because of lockdowns and unpredictability in the financial situation. The pandemic hastened the need for lighting solutions in healthcare environments, particularly hospitals, that put patients' and healthcare workers' safety first. This kind of lighting can enhance overall wellness and circadian rhythm, as well as aid control sleep-wake cycles and mood. These elements are essential in a setting where there is a health crisis.
Key Target Audience:
- System integrators
- Suppliers and distributors
- Electronic and consumer electronics product manufacturers
- ODM and OEM technology solution providers
- Original equipment manufacturers (OEMs)
- Lighting control system manufacturers
- Lighting manufacturers
- Sensor manufacturers and distributors
- Raw material and manufacturing equipment suppliers
- Semiconductor and electronic component manufacturers and suppliers
- Others
Our in-depth analysis of the Human Centric Lighting Market includes the following segments:
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By Component Type: |
Sensors
Drivers
Microprocessor & Microcontrollers
Switches & Dimers
Transmitter & Receivers
Others
|
|
By Installation Type: |
New Installations
Retrofit Installations
Others
|
|
By Application: |
Wholesale & Retail
Enterprises & Data Centres
Residential
Educational Institutions
Healthcare
Industrial
Hospitality
Others
|
Key Topics Covered in the Report:
- Global Human Centric Lighting Market Size (FY’2024-FY’2033)
- Overview of Global Human Centric Lighting Market
- Segmentation of Global Human Centric Lighting Market By Component Type (Sensors, Drivers, Microprocessor & Microcontrollers, Switches & Dimers, Transmitter & Receivers, Others)
- Segmentation of Global Human Centric Lighting Market By Installation Type (New Installations, Retrofit Installations, Others)
- Segmentation of Global Human Centric Lighting Market By Application (Wholesale & Retail, Enterprises & Data Centres, Residential, Educational Institutions, Healthcare, Industrial, Hospitality, Others)
- Statistical Snap of Global Human Centric Lighting Market
- Expansion Analysis of Global Human Centric Lighting Market
- Problems and Obstacles in Global Human Centric Lighting Market
- Competitive Landscape in the Global Human Centric Lighting Market
- Impact of COVID-19 and Demonetization on Global Human Centric Lighting Market
- Details on Current Investment in Global Human Centric Lighting Market
- Competitive Analysis of Global Human Centric Lighting Market
- Prominent Players in the Global Human Centric Lighting Market
- SWOT Analysis of Global Human Centric Lighting Market
- Global Human Centric Lighting Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Human Centric Lighting Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Human Centric Lighting Market Manufacturing Base Distribution, Sales Area, Ingredients
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Human Centric Lighting Market
7. Global Human Centric Lighting Market, By Component Type (USD Million) 2020-2033
7.1. Global Human Centric Lighting Market Size, Share and Forecast, By Component Type, 2020-2026
7.2. Global Human Centric Lighting Market Value Share and Forecast, By Component Type, 2027-2033
7.3. Sensors
7.4. Drivers
7.5. Microprocessor & Microcontrollers
7.6. Switches & Dimers
7.7. Transmitter & Receivers
7.8. Others
8. Global Human Centric Lighting Market, By Installation Type (USD Million) 2020-2033
8.1. Global Human Centric Lighting Market Size, Share and Forecast, By Installation Type, 2020-2026
8.2. Global Human Centric Lighting Market Size, Share and Forecast, By Installation Type, 2027-2033
8.3. New Installations
8.4. Retrofit Installations
8.5. Others
9. Global Human Centric Lighting Market, By Application (USD Million) 2020-2033
9.1. Global Human Centric Lighting Market Size Value Share and Forecast, By Application, 2020-2026
9.1. Global Human Centric Lighting Market Size Value Share and Forecast, By Application, 2027-2033
9.2. Wholesale & Retail
9.3. Enterprises & Data Centres
9.4. Residential
9.5. Educational Institutions
9.6. Healthcare
9.7. Industrial
9.8. Hospitality
9.9. Others
10. Global Human Centric Lighting Market, Forecast, 2020-2033 (USD Million)
10.1. Global Human Centric Lighting Market Size and Market Share
11. Global Human Centric Lighting Market, By Region, 2020-2033 (USD Million)
11.1. Global Human Centric Lighting Market Size and Market Share, By Region (2020-2026)
11.2. Global Human Centric Lighting Market Size and Market Share, By Region (2027-2033)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. Zumtobel Group AG
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. OSRAM GmbH
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Hubbell Incorporated
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Fagerhult Group
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Eaton Corporation plc
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Helvar
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Glamox AS
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Waldmann GmbH & Co. KG
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Schréder Group
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Coolon LED Lighting
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. ERCO GmbH
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Nualight Limited
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Zumtobel Lighting GmbH
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.13.5. Company details
12.13.6. Financial outlook
12.13.7. Product summary
12.13.8. Recent developments
12.14. Others
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope