Human Centric Lighting Market is Anticipated to reach USD 7,641.9 Million by 2027 at a CAGR of 34.3% | Know About What are the Future Growth Strategies in the Human Centric Lighting Market?

Market Size – USD 795.0 Million in 2019, Market Growth – CAGR of 34.3%, Market Trends – The rise in the application of this technology to reduce traffic congestions.

The human centric lighting market is set to attain a valuation of USD 7,641.9 million by 2027, registering a CAGR of 34.3%. The applications of human centric lighting are widespread in several industries including residential, retail, healthcare, industrial, education and commercial.

Market Drivers  

The major driving force for the development of human centric lighting market is the rising acceptance of smart LED lighting solutions. The implementation of wireless communication and innovative IoT technologies are postively affecting the market. New lighting innovations are replacing the harmful traditional lights which is stimulating market growth. Due to smart LED lighting solutions, the lighting infrastructure can be updated and regulated as needed, further rising the growth potential of the market. However, high technology cost may hinder the market.

Get more information, Ask for free sample copy: https://www.emergenresearch.com/request-sample-form/234

Regional Analysis

According to the report, the European region is anticipated to dominate human centric lighting market. This is due to the rising rate of the redevelopment of buildings due to a high level of prominence on ensuring well-lit building and safe conditions. Besides, due to the many key leader’s involvements, coupled with rising market awareness, the European region is undergoing various research activities. During the forecast period, the market in the Asia Pacific region is expected to grow significantly due to an increase in digitalization and urbanization and the growing importance for energy-efficient solutions in emerging countries like India and China. North America region is expected to be the second-largest market due to high-end technologies and ease financial assistance.

The market for Human Centric Lighting is fragmented, with a significant number of large and medium-sized players, which account for a significant global share of the market. The key players of the market are well-equipped with significant manufacturing resources and are also engaged in various research and development activities. Some of the top players in the Human Centric Lighting market comprise:

Key participants include Osram Licht AG, ES-System SA, Arcluce S.p.A., Koninklijke Philips NV, Fagerhult AB, Zumtobel AG, Glamox AS, Hubbell Inc., The Zumtobel Group, and Legrand SA among others.

Get Access to Full summary of this report @ https://www.emergenresearch.com/industry-report/human-centric-lighting-market

Type Outlook (Revenue, USD Million; 2017-2027)

Software

Hardware

Installation Outlook (Revenue, USD Million; 2017-2027)

Retrofit

New

End-Use Outlook (Revenue, USD Million; 2017-2027)

Residential

Industrial

Retail

Healthcare

Education

Commercial

Make an inquiry and request for customization @ https://www.emergenresearch.com/purchase-enquiry-form/234

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Human Centric Lighting Market Segmentation & Impact Analysis

    4.1. Human Centric Lighting Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. The increasing use of smart LED ligthning system for wireless connectivity

                    4.2.2.2. Growing adoption of IoT enabled ligting solutions

          4.2.3. Market restraints analysis

                    4.2.3.1. Initial setup cost

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Human Centric Lighting Market By Type Insights & Trends Revenue (USD Million)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Software

          5.1.2. Hardware

Chapter 6. Human Centric Lighting Market By Installation Insights & Trends Revenue (USD Million)

    6.1. Installation Dynamics & Market Share, 2019 & 2027

          6.1.1. Retrofit

          6.1.2. New

Chapter 7. Human Centric Lighting Market By End-Use Insights & Trends Revenue (USD Million)

    7.1. End-Use Dynamics & Market Share, 2019 & 2027

          7.1.1. Residential

          7.1.2. Industrial

          7.1.3. Retail

          7.1.4. Healthcare

          7.1.5. Education

          7.1.6. Commercial

Continue…

Browse Related Reports:

Needle Coke Market Size To Be Worth USD 5.88 Billion by 2027 Growing at a CAGR of 6.5% | Emergen Research

Video Surveillance Market to be Worth USD 86.53 Billion by 2027 Growing at a CAGR of 9.6% | Emergen Research

Light Weapons Market to be Valued at USD 17.39 Billion by 2027 Growing at a CAGR of 4.8% | Emergen Research

Tags: Human Centric Lighting Market Outlook, Human Centric Lighting Market Types, Human Centric Lighting Market Applications, Human Centric Lighting Market Segmentations, Human Centric Lighting Market Trends, Human Centric Lighting Market share, Human Centric Lighting Market analysis, Human Centric Lighting Market size See Campaign: http://www.emergenresearch.com/industry-report/human-centric-lighting-market
Contact Information:
Eric Lee Corporate Sales Specialist Emergen Research | Web: www.emergenresearch.com Direct Line: +1 (604) 757-9756 E-mail: sales@emergenresearch.com Facebook | LinkdIn | Twitter | Blogs

Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English