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Human Centric Lighting Market Share

Report ID: GMI3637 Published Date: August 2024Report Format: PDF
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Human Centric Lighting Market Share

The human-centric lighting market is driven by companies like Signify, Osram Licht Group, and Zumtobel Group AG, which focus on enhancing well-being through tailored lighting solutions. Signify, formerly Philips Lighting, leads with its innovation in circadian lighting, while Osram and Zumtobel emphasize smart lighting systems that adjust to human needs throughout the day. Companies such as Hubbell Inc., Legrand, and TRILUX GmbH & Co. KG contribute by integrating advanced controls and energy-efficient designs into their products. Their efforts align with the growing demand for lighting that improves productivity, health, and comfort in various environments. Additionally, Glamox and Wipro Lighting offer cutting-edge solutions that cater to both aesthetic and functional aspects of human-centric lighting, while Healthe stands out for its focus on health-oriented lighting technologies.

The human-centric lighting market also benefits from the innovative approaches of companies like Healthe, which is dedicated to creating lighting solutions that support biological health and enhance well-being. Healthe’s focus on circadian rhythm and wellness-oriented lighting systems is becoming increasingly relevant in today’s health-conscious environment. Furthermore, the market is expanding as new players and technologies enter, driving the development of intelligent lighting systems that not only adjust to individual needs but also integrate with broader smart home and building management systems. This trend is fostering greater customization and efficiency, contributing to the overall growth and sophistication of the human-centric lighting sector.

Human Centric Lighting Market Companies

Major players operating in the human centric lighting industry are:

  • Signify
  • Osram Licht Group
  • Zumtobel Group AG
  • Hubbell Inc
  • Glamox
  • TRILUX GmbH & Co. KG
  • Wipro Lighting
  • Legrand
  • Healthe
    Author: Suraj Gujar, Sandeep Ugale
    Frequently Asked Question(FAQ) :

    Why is the use of human centric lighting hardware rising?+

    The hardware segment in the human centric lighting market held 67% revenue share in 2023 due to increased demand for adaptive, energy-efficient, and personalized lighting solutions.

    How big is the human centric lighting market?+

    Global industry size for human centric lighting was valued at USD 2.06 billion in 2023 and is anticipated to register over 25.2% CAGR between 2024 and 2032 due to growing urbanization and the rising demand for smart homes.

    Why is the human centric lighting industry booming in Europe?+

    Europe market held 54% revenue share in 2023 due to stringent energy efficiency regulations and a strong focus on sustainability.

    Who are the major human centric lighting industry players?+

    Signify, Osram Licht Group, Zumtobel Group AG, Hubbell Inc, Glamox, TRILUX GmbH & Co. KG, Wipro Lighting, Legrand, and Healthe.

    Human Centric Lighting Market Scope

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