Human Centric Lighting Market Share, Size, Trends, Growth Segmentation and Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2027. Global Human Centric Lighting Market Research Report, By Component Type (Sensors, Drivers, Microprocessors & Microcontrollers, Switches & Dimmers), By Applications (Healthcare, Education, Industrial, Retail, Residential Applications) by Forecast till 2023

1. Human Centric Lightings Market Forecast 2023
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Human Centric Lighting
Market Report-Forecast 2023

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Summary
Human-centric lighting market can improve a person’s mood and health by adjusting
the correlated color temperature (CCT). In other words, human-centric lighting (HCL)
can adjust persons’ daily rhythms which provides comfort and motivation and
improves productivity. This technology is achieved by adjusting the smart light source
to mimic the levels of sunlight throughout the day. This new use of light is possible
with the help of biological effects and recent innovation in lighting technology. With
innovation in LEDs, tunable white light can be achieved in an energy efficient manner
which is easy to control with advanced control systems. Human Centric Lighting
Market is not a standalone system, it is another version of lighting control system
which utilizes photocells and occupancy sensors to conserve energy and automatically
adjust the lighting levels throughout the day. HCL along with light therapy treatment
can help in setting one’s biological or internal clock. Bright blue light during morning
increases effectiveness and alertness whereas low levels of blue light at night
improves sleep.
Human-centric lighting systems are used in various applications of healthcare,
education, industrial, retail, and residential among others. Healthcare applications are
expected to dominate the applications segment during forecast period such as in
hospitals and elderly care centers, for residents having limited access to daylight
because of illness or mobility issues. Human-centric lighting in residential spaces
prevents mood fluctuations and depression, improves emotional & physical well-
being, and reduces the intake of sleep-inducing drugs. HCL is also used in commercial
spaces to balance lack of daylight and improve well-being of the employees.

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Major Key Players:
The key players in the market include Koninklijke Philips NV (The Netherlands),
Osram Licht AG (Germany), Zumtobel AG (Austria), Hubbell Inc. (US), Arcluce S.p.A.
(Italy), Fagerhult AB (Sweden), Waldmann Lighting (US), Glamox (Norway), ES-
SYSTEM S.A. (Poland), CoeLux S.r.l (Italy) among others.
Other players in the market are, Legrand SA (France), Seoul Semiconductor Co Ltd
(South Korea), and NormaGrup Technology (Spain) among others.

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Segmentation:
On the basis of application, the market is segmented into healthcare, education,
industrial, retail, residential, and others.
On the basis of component type, the market is segmented into sensors, drivers,
microprocessors & microcontrollers, switches & dimmers, and transmitters &
receivers.
On the basis of region, the market is segmented into North America, Europe, Asia-
Pacific, and the rest of the world.

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Regional Analysis:
Considering the regions covered for the purpose of this study, North America is the
topmost market in the Human Centric Lightning industry with a sizeable market share
and has been valued to achieve high growth levels in the forecast period.
Industrialization is the main factor for growth of this sector. This sector also has wide-
ranging role in the hospitality sector and as North America is becoming a lucrative
region, this market holds good dominance over this market. The European market has
appeared as the most rapidly developing market with a sizeable market share and
growing with a complimenting CAGR rate. The Asia-Pacific market is the third largest
market which has been valued positively in the forecast period and will develop
favorably by 2027.