Human Centric Lighting Market Revenue Forecast Research Report 2027

21-07-2022

By Ronak Bora

The Human Centric Lighting Market is estimated to procure expansive growth driven by steady consumer inclination towards smart lighting solutions. There is a rise in awareness about the health benefits of market systems along with a growing focus on the refurbishment of residential and commercial spaces.

The human centric lighting market may register over USD 5.5 billion by 2027. To meet a potential rise in demand, manufacturers are developing new products and solutions. For example, in 2020, lighting solutions firm, Signify teamed up with Honeywell for the deployment of integrated lighting solutions for commercial buildings, in order to enhance the occupant experience as well as to reduce energy consumption.

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Focus on deploying advanced lighting technologies in industrial and commercial settings is anticipated to propel the demand for human centric lighting (HCL). The hardware segment is likely to witness considerable growth credited to the requirement of long-lasting and low energy consuming LED fixtures. HCL systems are also being extensively used in elderly care and across different institutions.

Professional and managed services including repairing, consultation, servicing, and maintenance activities are of key significance in the market systems landscape. Consultation and lighting design services are steadily gaining popularity.

Growing awareness about intelligent lighting solutions and their impact on human behavior and psychology could encourage businesses to deploy these systems. Industry players like Legrand, Zumtobel Group, and Trilux are providing architectural services and lighting designs in their human centric lighting systems.

Meanwhile, in 2018, Wipro Lighting announced the launch of its Internet of Lighting solutions for smart and connected outdoor and indoor lighting, which offered complete lighting infrastructure along with intelligent outdoor lighting capabilities for better public comfort and safety.

Geographically, the Europe and North America human centric lighting markets are witnessing decent growth owing to high emphasis on constructing smart building projects. While on a global scale, companies operating in the industry like Signify, Zumtobel Group AG, Osram Licht Group, Wipro Lighting, TRILUX GmbH & Co. KG., Healthe Hubbell Inc., Legrand, and Glamox.

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Table of Content

Chapter 5 Human Centric Lighting Market, By Solution

5.1 Key trends, by solution

5.2 Hardware

5.2.1 Market estimates and forecast, 2016 - 2027

5.2.2 Lighting fixtures

5.2.2.1 Market estimates and forecast, 2016 - 2027

5.2.3 Lighting controllers

5.2.3.1 Market estimates and forecast, 2016 – 2027

5.3 Software

5.3.1 Market estimates and forecast, 2016 - 2027

5.4 Services

5.4.1 Market estimates and forecast, 2016 - 2027

Chapter 6 Market, By Installation Type

6.1 Key trends, by installation type

6.2 New installation

6.2.1 Market estimates and forecast, 2016 - 2027

6.3 Retrofit

6.3.1 Market estimates and forecast, 2016 - 2027

Chapter 7 Human Centric Lighting Market, By Application

7.1 Key trends, by application

7.2 Residential

7.2.1 Market estimates and forecast, 2016 - 2027

7.3 Commercial

7.3.1 Market estimates and forecast, 2016 - 2027

7.4 Industrial

7.4.1 Market estimates and forecast, 2016 - 2027

7.5 Institutional

7.5.1 Market estimates and forecast, 2016 - 2027

7.6 Healthcare

7.6.1 Market estimates and forecast, 2016 – 2027

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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....