Human Centric Lighting Market Outlook 2027 By Applications, Trends, Size, Share, Growth
According to TechSci Research, Global human centric lighting market is projected to grow at an impressive CAGR over the forecast period, owing to the growing adoption of LED and increasing benefits of human centric lighting. Human centric lighting help to improve the efficiency; thereby, the technology is gaining prominence in the recent years.
Based on the end use industry, the global human centric lighting market has been segmented into retail, education, residence, healthcare, marine & aviation, and others. The healthcare segment is expected to grow at the highest rate during the forecast period due to health benefits such as reduced therapy times and enhanced drug efficacy.
Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa, and Europe. Europe is expected to continue its dominance in the market in the forecast period, due to increasing adoption of HCL solutions and support from the government and other regulatory bodies.
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Some of the leading players in the global human centric lighting market are Signify, Osram Licht AG, Zumtobel AG, Hubbell Inc., Arcluce S.p.A., Fagerhult AB, Waldmann Lighting, Glamox, ES-SYSTEM S.A., and CoeLux S.r.l, among others.
- To analyse and forecast the market size of Global Human Centric Lighting Market, in terms of value and volume.
- To classify and forecast Global Human Centric Lighting Market based on component type, application, end use industry and regional distribution.
- To identify drivers and challenges for Global Human Centric Lighting Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Human Centric Lighting Market.
- To conduct the pricing analysis for Global Human Centric Lighting Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Human Centric Lighting.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
TechSci Research calculated the market size of Global Human Centric Lighting Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Semiconductor manufacturers
- Healthcare organizations
- Suppliers and Distributors
- End users
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Component Type · Application · End Use Industry |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
Key Companies Profiled | Signify, Osram Licht AG, Zumtobel AG, Hubbell Inc., Arcluce S.p.A., Fagerhult AB, Waldmann Lighting, Glamox, ES-SYSTEM S.A., and CoeLux S.r.l. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global Human Centric Lighting Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Human Centric Lighting Market, By Component Type:
- Sensors
- Drivers
- Microprocessors & Microcontrollers
- Switches & Dimmers
- Global Human Centric Lighting Market, By Application:
- Indoor
- Outdoor
- Global Human Centric Lighting Market, By End use industry:
- Retail
- Education
- Residence
- Healthcare
- Marine & Aviation
- Others
- Global Human Centric Lighting Market, By Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Belgium
- Luxembourg
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Chile
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Human Centric Lighting Market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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