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Human Centric Lighting Market 2020: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2025

Author : Ronak Bora | Published Date : 2020-08-21 

Human centric lighting market is anticipated to garner significant proceeds in the commercial sector. Renovation of enterprise infrastructure and installation of smart building and lighting products to develop comfortable workspaces will foster business growth. HCL solutions allow improved productivity and boost concentration in commercial work areas. In fact, research results suggest that the systems can increase work performance, reduce fatigue and significantly increase concentration and work satisfaction.

According to Lighting Society Europe, human centric lighting can significantly enhance employee performance to the point of improving productivity by 4.5%, reducing errors by 2% and further slashing rate of work absenteeism. HCL can also significantly improve visibility, thereby reducing the risk of tripping, falling and potential injuries. With employees spending more time in offices and other workplaces, HCL systems will become an essential lighting solution in the commercial sector, fostering HCL industry size.

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Increasing traction in the healthcare sector will augment human centric lighting market share. In hospitals and old age homes, HCL is well suited to implement lighting cycles comprising sunrise, sunset and daylight simulations. The system offers patients with enhanced benefits like higher activity levels during day, better sleep during night, reduced recovery time and lowered intake of anti-depressants.

In fact artificial lighting can compensate for biologically active effects of insufficient daylight exposure, thereby stabilizing the sleep-wake rhythm. It can also lead to more restorative sleep, thus ultimately improving the mental and physical wellbeing of hospitalized patients.

In old-age homes, HCL systems can offer high color temperatures, higher illuminance, and dynamically adjusted light distribution levels, further improving the quality of life of the elderly people. Additionally, in the healthcare sector, the systems can significantly reduce surplus cost of electricity bills.

Human Centric Lighting Market is expected to exceed USD 6 billion by 2025. The increasing adoption of smart lighting technology in commercial & residential applications to gain energy efficiency benefits is driving the industry growth globally. The circadian rhythm-based lights aid in reducing visual & non-visual harms to humans and offer improved productivity in industrial & enterprise applications. The color, brightness, and temperature-varying features offered through tunable fixtures in these systems support human psychology and sleep-wake cycles, resulting in health improvement of elderly care residents and patients. Additionally, the growing focus on the adoption of controllable, body-centric, and low power consuming lights due to government initiatives and consumer awareness is creating several opportunities for the human centric lighting market growth.

The Europe human centric lighting market is developing at a rapid pace in recent years owing to the rising implementation of these solutions in commercial, healthcare, and elderly home sectors for providing better infrastructure facilities. European countries are also witnessing the high installation of energy-efficient & intelligent lights due to government regulations, creating a substantial demand for circadian light products. Cold weather conditions and the need for better-illuminated environments across application industries for promoting employee wellbeing & productivity are supporting the increasing demand.

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The key companies present in the human centric lighting market are: Signify, Zumtobel AG, OSRAM, Glamox, Ledmotive, Lumileds, Legrand, Helvar, Hubbell Inc, and Lutron Electronics. The companies are developing new technologies and products to cater to the circadian lighting demand. They are investing in R&D operations to develop enhanced fixtures & control solutions and gain benefits over industry competitors. The human centric lighting market companies are involved in spreading consumer awareness and offering application-specific systems.

Table of Contents (ToC) of the report:

Chapter 4. Human Centric Lighting Market, By Solution

4.1. Key trends by solution

4.2. Hardware

4.2.1. Market estimates and forecast, 2015 – 2025

4.2.2. Lighting fixtures

4.2.2.1. Market estimates and forecast, 2015 – 2025

4.2.3. Lighting controllers

4.2.3.1. Market estimates and forecast, 2015 – 2025

4.3. Software

4.3.1. Market estimates and forecast, 2015 – 2025

4.4. Service

4.4.1. Market estimates and forecast, 2015 – 2025

Chapter 5. Human Centric Lighting Market, By Installation Type

5.1. Key trends by installation type

5.2. New installation

5.2.1. Market estimates and forecast, 2015 – 2025

5.3. Retrofit

5.3.1. Market estimates and forecast, 2015 – 2025

Chapter 6. Human Centric Lighting Market, By Application

6.1. Key trends by application

6.2. Residential

6.2.1. Market estimates and forecast, 2015 – 2025

6.3. Commercial

6.3.1. Market estimates and forecast, 2015 – 2025

6.4. Industrial

6.4.1. Market estimates and forecast, 2015 – 2025

6.5. Institutional

6.5.1. Market estimates and forecast, 2015 – 2025

6.6. Healthcare

6.6.1. Market estimates and forecast, 2015 – 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/human-centric-lighting-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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. [email protected] | https://twitter.com/RonakBora26

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