Hospital Lighting Market with Strong Key Players: GE Lighting, Herbert Waldmann GmbH & Co. Kg, Hubbell Incorporation

Lighting is the integral aspect of a healthcare infrastructure, since it is utilized in operation rooms, ICU, wards, and others within the healthcare setting. Light manufacturers are focused on developing novel products, for reducing cost and enhancing efficiency. These products consists gas discharged lamps, incandescent lamp, CFL, as well as LED lamps. As the LED lighting is the most frequently used technology of lighting, due to the high luminous efficiency, low power consumption, long life, along with high color rendition index. Frequently utilized LED lights include LED panels, LED downlight, and LED reflector. The global hospital lighting market is expected to register robust growth, due to continuously evolving and increasing hospital facilities.

Global Hospital Lighting Market – Drivers

LED Technology advantages over the conventional system of lighting is also expected to drive the global hospital lighting market growth over the forecast period. As per the U.S. Department of Energy, the lighting is an important component of the energy use of a hospital, accounting for over 10% energy consumption. It leads to rising global demands for the green technology, which is expected to drive LED technology segment growth in the global hospital lighting market. LED technology advantages are long life, eco-friendly, durable, improved efficiency, as well as more dispersed light than the conventional systems of lightening, which is a key factor expected to increasing the LED adoption. Moreover, advancement in technologies of lighting is expected to drive the global hospital lighting market growth over the forecast period. For instance, LED integration in solutions and systems of intelligent lighting, is expected to fuel the global hospital lighting market growth over the forecast period.

To Get more information Request for Sample Report at – https://www.coherentmarketinsights.com/insight/request-sample/1611

Major players in the global hospital lighting market can focus on opportunities of growth in emerging economies including China and India. Rapidly increasing population /capita income, increasing life expectancy, rising prevalence of lifestyle-related conditions, and ambitious projects of medical infrastructure for emerging economies are factors expected to fuel growth of the global hospital lighting market over the forecast period. Governments are planning initiatives to increase the investments within healthcare sector, for catering the rising demand, which is in turn expected to fuel growth of the global hospital lighting market over the forecast period. For instance, the government of Saudi Arabia’ allotted US$ 28.8 Bn for social welfare and health, which consists funding for eleven new hospitals, eleven medical centers, as well as 2 medical complexes, in addition to 132 healthcare centers and hospitals, in 2014. This in turn is expected to fuel growth of the global hospital lighting market in the region.

Moreover, bilateral commercial relation is also expected to increase the hospitals, in turn expected to propel the global hospital lighting market growth over the forecast period. The U.S.-U.A.E. Business Council stated, the U.A.E. has exhibited dramatic expansion in its healthcare sector from seven hospitals as well as 12 health-centers, since 1971 to 70 private and public hospitals and around 150 clinics and centers. Moreover, initiatives by the government is expected to support in rising the number of private and public hospitals with international and national standards. For instance, Vision 2021 of the U.A.E. aims at the highest-level strategic plan by the U.A.E. government for “world-class healthcare” being one among its priority. More factors expected to drive growth of the global hospital lighting market are the contracts among manufacturers and hospitals for installation and supply of equipment. For instance, Philips was granted a contract, in 2012, for supplying and installing lighting equipment of first LEED- rated hospital of Jordan.

Global Hospital Lighting Market – Regional Analysis

Based on region, the global hospital lighting market is segregated into North America, Asia Pacific, Europe, Latin America, Africa, and Middle East. North America is expected to account for the highest share in the global hospital lighting market owing to developed infrastructure of healthcare. Newer technologies such as intelligent lighting systems and LED lighting are high in demand in the region. Asia Pacific is, however, expected to be most rapidly growing region within the global hospital lighting market, owing to rising governmental initiatives to increase healthcare centers along with implementing policies for favoring the usage of energy-efficient products of lighting within the sector of healthcare.

Ask For Discount Before Purchasing This Business Report : https://www.coherentmarketinsights.com/insight/request-discount/1611

Global Hospital Lighting Market – Competitors

Major players functioning in the global hospital lighting market are Acuity Brands Lighting Inc., Eaton Corporation PLC, Cree Inc., GE Lighting, Hubbell Incorporation, Herbert Waldmann GmbH & Co. Kg, KLS Martin Group, Trilux Lighting Ltd., Zumtobel Group AG, and Koninklijke Philips N.V.

Global Hospital Lighting Market- Taxonomy

Based on Product Type
• Surgical Lamps
• Troffers
• Surface-Mounted Lights
• Other Products

Based on Technology
• LED Technology
• Fluorescent Technology
• Solar Power Technology
• Other Technologies

Based on Application
• Operation Theatre Light
• Patients Ward Light
• Minor Surgical Light
• Examination Light
• Other Applications

Based on Region:
• North America
• Europe
• Latin America
• Asia Pacific
• Africa
• Middle East

To Direct Purchase this Research Report – https://www.coherentmarketinsights.com/insight/buy-now/1611

Contact US:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

This release was published on openPR.