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Human Centric Lighting Market Trends

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

Human-centric lighting refers to lighting solutions designed specifically to produce a beneficial psychological and/or physiological effect upon humans. It supports human health, well-being, and performance through deterministic and holistic planning and implementation of the visual, emotional, and, in particular, biological effects of light. The emergence of advanced lighting technologies, including LEDs, smart bulbs, controllers, and intelligent & tunable fixtures, is promoting the implementation of smart & controllable light systems, enhancing the market share. Due to the addition of sensors and wireless controllers, light fixtures are becoming more intelligent by allowing users to control illumination through smartphones, controller devices, and computer panels.

The increasing demand for energy-efficient lighting systems in various sectors, including residential, commercial, retail, hospitality, and public infrastructure, is driving the human-centric lighting industry expansion. LEDs and various tunable fixtures used in these systems consume less power compared to conventional halogen & incandescent lamps, enhancing the adoption of these systems. Along with energy efficiency features, these lights also offer compatibility with circadian rhythms and lower harmful impacts on visual & non-visual health. Moreover, increasing research activities related to the implementation of energy-efficient lighting technologies are supporting the market outlook globally.

For instance, the U.S. Department of Energy has reported that LED lighting can save up to 75% of energy compared to traditional incandescent bulbs, significantly reducing energy costs and environmental impact. Additionally, the European Union's Horizon 2020 program has funded several projects aimed at developing advanced human-centric lighting solutions to improve health and well-being in various settings.

The factors hampering market growth include high maintenance and ownership costs associated with human-centric lighting systems. These lighting systems include tunable fixtures, lights, and software that are costly owing to energy efficiency and body dynamic features, hindering the market representation of human-centric lighting systems. These systems also incur high installation costs impelled by the complex architecture and lighting design. However, the improvement in employee efficiency and enhancement of the commercial & healthcare environment through human-centric lighting systems outweigh these costs.

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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