Human Centric Lighting Market : Study on Key Players | Signify, Osram Licht Group, Zumtobel Group AG, Hubbell Inc., Glamox, TRILUX GmbH & Co. KG, Wipro Lighting, Legrand, and Healthe

How will the Europe human centric lighting market fare over 2019-2025?

Human centric lighting market outlook is driven by growing shift toward smart lighting solutions across the commercial & residential establishments pertaining to the energy efficiency and psychological benefits offered by them. It has been seen that implementation of circadian rhythm-based lights helps lowering both – visible and non-visible harm to humans and has proven to improve productivity in industrial & enterprise applications.
Increasing investments by commercial & industrial sector on providing body dynamic illumination to promote employee health and create superior working environments will drive the human centric lighting market growth.

The product showcases dynamic adjustments in the lighting in terms of color, brightness, and temperature. Such type of tunable fixtures can highly influence the human behavior and sleep-wake cycles yielding remarkable improvements in the health of elderly care residents and patients.

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Additionally, the favorable government policies to promote energy efficient products coupled with growing focus on the adoption of body-centric lights will accelerate the human centric lighting market trends. According to research report by Global Market Insights, Inc., Human Centric Lighting Market size is projected to surpass USD 6 billion by 2025.

How will the lighting fixtures and software solution segments equally influence the human centric lighting market?

Lighting fixtures and software solutions are gaining prominence in the global human centric lighting market owing to growing installation of dynamic and controllable systems in newly developed residential, commercial, industrial, and healthcare facilities. Both the segments are interdependent on each other as the software used for controlling these lighting systems allows users to change the light settings including the color, temperature and brightness levels as per the requirements.

The software segment is estimated to grow at a CAGR of 25% during the forecast timeframe. The growth is attributed to the light system controlling & maintenance features integrated in these products. Most of these products feature touchscreens for allowing ease of use in changing light settings offices, hospitals, retailers, and homes.

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Moreover, rising investments in the R&Ds meant for developing new software and hardware components for HCL products will boost the business outlook. For instance, in May 2017, Helvar showcased its new software, ‘Light over Time’ in order to target the HCL product portfolio. The company also provides finished HCL products with integrated hardware and software to promote human health.

How will the human centric lighting market grow from the healthcare applications?

Healthcare establishments are presumed to be prominent application avenues for HCL products owing to the health-related benefits associated with it. Proper deployment of these smart lighting systems can aid in controlling the sleep-wake cycles of patients by automatically changing light patterns throughout the day. Studies have found that regulation of sleep-wake cycles can positively impact the mental health of patients or elderly care occupants suffering from depression, anxiety, or other behavioral disorders.

The favorable healing environment created by deploying changeable lighting systems offers speedy recovery of patients which should accelerate the product penetration in the healthcare facilities. Increasing product consumption within several hospitals and elderly care centers across the globe owing to natural illumination features to their facilities will further drive the market growth. For instance, Medical Behavioral Unit at Children’s Hospital of Philadelphia revealed the implementation of circadian lighting systems to regulate sleep-wake cycles of the patients.

How will favorable government regulations toward energy efficiency boost the Europe human centric lighting market share?

Developed nations of the European region are highly acquainted to adopt energy saving products pertaining to increasing shift toward sustainability. Europe hosts several sustainable technologies such as the zero emission buildings and wind energy generation which should promote the adoption of energy saving HCL products.

The development of Europe human centric lighting market is credited to rising implementation of these solutions in commercial, healthcare, and elderly home sectors. Furthermore, the long lasting cold weather conditions will necessitate the creation of warm illuminated environments across residential and commercial settings, supporting the regional demand.

Report Content

Chapter 1 Methodology & Scope

1.1 Scope & definitions

1.1.1 Definition

1.2 Methodology and forecast parameters

1.3 Region-wise COVID-19 impact analysis:

1.3.1 North America

1.3.2 Europe

1.3.3 Asia Pacific

1.3.4 Latin America

1.3.5 MEA

1.4 Data Sources

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Executive Summary

2.1 Human centric lighting industry 3600 synopsis, 2016 - 2027

2.1.1 Business trends

2.1.2 Regional trends

2.1.3 Solution trends

2.1.4 Installation type trends

2.1.5 End-use trends

Chapter 3 Human Centric Lighting Industry Insights

3.1 Industry segmentation

3.2 Impact of COVID-19

3.2.1 Global outlook

3.2.2 Impact by region

3.2.2.1 North America

3.2.2.2 Europe

3.2.2.3 Asia Pacific

3.2.2.4 Latin America

3.2.2.5 MEA

3.2.3 Industry value chain

3.2.3.1 Research and Development

3.2.3.2 Manufacturing

3.2.3.3 Marketing

3.2.3.4 Supply

3.2.4 Competitive landscape

3.2.4.1 Strategy

3.2.4.2 Distribution network

3.2.4.3 Business growth

3.3 Industry ecosystem analysis

3.3.1 Suppliers

3.3.2 Manufacturers

3.3.3 Software & technology providers

3.3.4 Service providers

3.3.5 System integrators

3.3.6 Distribution channel analysis

3.3.7 End-use landscape

3.3.8 Vendor matrix

3.4 Technological and innovation landscape

3.4.1 Tunable LEDs

3.4.2 Wireless lighting

3.4.3 Connected lighting

3.4.4 Evolution of lighting technology

3.5 Regulatory landscape

3.5.1 International Standards

3.5.1.1 ISO 8995-1:2002

3.5.1.2 WELL Building Standard

3.5.2 North America

3.5.2.1 ANSI/IES RP-29-06

3.5.2.2 A11.1-1973

3.5.2.3 ENERGY STAR LABEL

3.5.3 Europe

3.5.3.1 ISBN 978 0 7176 1232 1

3.5.3.2 European Lighting Standard EN12464-1

3.5.3.3 DIN EN 12464-1:2011-08

3.5.3.4 Health & Safety at Work Act

3.5.3.5 EU No 1194/2012 regulation for directional LED luminaire energy efficiency standards

3.5.4 Asia Pacific

3.5.4.1 GB 24819-2009

3.5.4.2 IS 3646

3.5.4.3 Energy efficiency requirement standard GB 30255-2013 for LED lamps (China)

3.5.5 Latin America

3.5.5.1 NR17

3.5.5.2 Energy Efficiency Labeling (Brazil)

3.5.6 MEA

3.5.6.1 The Regulation of energy efficiency label (Saudi Arabia)

3.6 Recent use cases and opportunities

3.7 Cost structure analysis

3.7.1 Human centric lighting vs conventional LED lighting

3.7.2 Manufacturing cost structure analysis

3.8 Pricing analysis

3.8.1 Lighting fixtures

3.8.2 Lighting controllers

3.9 Industry impact forces

3.9.1 Growth drivers

3.9.1.1 Commercial & healthcare infrastructure transformation activities in North America and Asia Pacific

3.9.1.2 Growing smart building projects in North America and Europe

3.9.1.3 Provision of better facilities in the elderly care sector in Europe

3.9.1.4 Increasing demand for energy efficient lighting across the globe

3.9.1.5 Rising implementation of LED lighting solutions in Asia and Latin America

3.9.1.6 Growing smart city establishments in the MEA

3.9.1.7 Increased focus on implementing advanced lighting technologies in the commercial and industrial settings

3.9.2 Industry pitfalls and challenges

3.9.2.1 High initial investment and installation cost

3.9.2.2 Compatibility issues with conventional fixtures

3.10 Growth potential analysis

3.11 Porter’s Analysis

3.11.1 Supplier power

3.11.2 Buyer power

3.11.3 Threat of new entrants

3.11.4 Threat of substitutes

3.11.5 Internal rivalry

3.12 PESTEL Analysis

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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