Press release
Human Centric Lighting Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Human Centric Lighting
The increasing push for smart cities is expected to drive the growth of the human-centric lighting market. Smart cities use technology to enhance urban life, efficiency, and sustainability. Human-centric lighting is essential for smart cities, as it contributes to residents' well-being by providing adaptive, optimized lighting. For instance, the Indian government has invested ?1,64,158 crore ($19.66 billion) in 8,013 smart city projects, with 7,157 projects already completed, as reported by the Press Information Bureau in June 2024. Therefore, the rise in smart city initiatives is boosting the human-centric lighting market.
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What Is the projected market size and growth rate for the human centric lighting market?
The human-centric lighting market is set to grow from $2.18 billion in 2024 to $2.79 billion in 2025 at a CAGR of 27.7%, driven by urbanization, remote work, an aging population, smart lighting systems, and home automation adoption.
The Human-Centric Lighting Market is projected to grow exponentially to $7.32 billion by 2029, at a CAGR of 27.3%. Growth drivers include awareness of circadian rhythm benefits, workplace well-being initiatives, elderly home establishments, and green building practices. Trends include dynamic lighting scenes, AI-driven lighting solutions, IoT technology, light therapy, and advanced sensor integration.
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What new trends are reshaping the human centric lighting market and its opportunities?
Companies in the human-centric lighting market are focusing on introducing smart lighting systems to stay competitive. These solutions use connectivity, sensors, and automation to optimize lighting and improve energy efficiency. In May 2024, Signify N.V., a Netherlands-based lighting company, launched the NatureConnect lighting system, which mimics natural sunlight to enhance well-being. The system offers customizable, energy-efficient lighting solutions for various professional spaces, including offices, hospitality, and healthcare, promoting better sleep, mood, and focus.
What major market segments define the scope and growth of the human centric lighting market?
The human centric lighting market covered in this report is segmented -
1) By Component: Sensors, Drivers, Microprocessors And Microcontrollers, Switches And Dimmers, Transmitters And Receivers
2) By Installation Type: New Installations, Retrofit Installations
3) By Application: Wholesale And Retail, Enterprises And Data Centers, Residential, Educational Institutions, Healthcare, Industrial, Hospitality
Subsegments:
1) By Sensors: Ambient Light Sensors, Motion Sensors, Presence Sensors, Color Temperature Sensors, Brightness Sensors
2) By Drivers: LED Drivers, AC-DC Drivers, Dimmable Drivers, Constant Current Drivers, Constant Voltage Drivers
3) By Microprocessors and Microcontrollers: Microcontrollers for Lighting Control, Microprocessors for Smart Lighting Systems, Integrated Circuits (ICs) for Lighting Systems, Wireless Communication Controllers
4) By Switches and Dimmers: Manual Switches, Smart Switches, Dimmer Switches, Touch-sensitive Switches, Wi-Fi/Bluetooth-enabled Dimmers
5) By Transmitters and Receivers: Wireless Transmitters, Wireless Receivers, Bluetooth Transmitters/Receivers, Zigbee-enabled Transmitters/Receivers, Infrared (IR) Transmitters/Receivers
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Which region dominates the human centric lighting market?
North America was the largest region in the human centric lighting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human centric lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the human centric lighting industry growth?
Major companies operating in the human centric lighting market are Eaton Corporation, Legrand, Signify, Hubbell Incorporated, Acuity Brands Inc., Osram GmbH, Zumtobel Group AG, LEDVANCE GmbH, Seoul Semiconductor Co. Ltd., Fagerhult Group, Trilux GmbH & Co. KG, Lutron Electronics Co. Inc., Cree Lighting, ERCO GmbH, Schréder Group, Beghelli S.p.A., Helvar Ltd., Delta Light NV, GE Lighting, Xicato Inc., OMS Lighting, Herbert Waldmann GmbH & Co. KG
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What Is Covered In The Human Centric Lighting Global Market Report?
•Market Size Forecast: Examine the human centric lighting market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the human centric lighting market for a structured understanding.
•Key Players Overview: Analyze major players in the human centric lighting market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the human centric lighting market.
•Segment Contributions: Evaluate how different segments drive overall growth in the human centric lighting market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the human centric lighting market.
•Industry Challenges: Identify potential risks and obstacles affecting the human centric lighting market.
•Competitive Landscape: Review strategic developments in the human centric lighting market, including expansions, agreements, and new product launches.
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