Human Centric Lighting Market to cross USD 6 billion by 2025 - PowerPoint PPT Presentation

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Human Centric Lighting Market to cross USD 6 billion by 2025

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Request Sample of Report @ The human centric lighting market solutions are gaining popularity in North America owing to the rising focus on infrastructure transformation and several new construction projects across various industry verticals. The increasing utilization of advanced LED lights in the U.S. and Canada due to energy-efficiency features and replacement of incandescent bulbs is driving the product demand. – PowerPoint PPT presentation

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Title: Human Centric Lighting Market to cross USD 6 billion by 2025


1
Human Centric Lighting Market to reach USD 6
billion by 2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Human Centric Lighting Market
  • Global Human Centric Lighting Market is set to
    grow from its current market value of more than
    1.25 billion to over 6 billion by 2025
    according to a new research report by Global
    Market Insights, Inc.
  • The rapid transformation of the existing
    structures and development of advanced smart
    infrastructures across various industries
    including commercial, healthcare, and hospitality
    is driving the human centric lighting market.
    Increasing research activities related to body
    dynamic light solutions implementing them by
    replacing the traditional halogen bulbs is
    promoting industry development. Conventional
    lights have various harmful impacts on human
    vision and effect working moods due to improper
    illumination. As a result, the application
    industries are switching to LED options operated
    through controllers software, further adding to
    the demand for the market solutions.

3
Continued...
  • The human centric lighting market is impacted by
    the absence of common industry-specific
    standards. Lack of regulatory framework related
    to the technology is limiting the expansion due
    to safety security risks. Developing body
    dynamic illumination systems do not require
    regulations, which may harm the occupants in case
    of system failure other fatalities.
    Additionally, incompatibility of these systems
    with conventional lights hinders the market
    consumption owing to high initial investments.
  • The software segment in the market will grow at
    25 CAGR from 2019 to 2025. It can be credited to
    the light system controlling maintenance
    features installed in the products. The software
    is capable of altering the color brightness
    temperature for suiting different people,
    activities, and timing. The software integrated
    products are being developed with touchscreens,
    allowing offices, hospitals, retailers, etc. to
    change the light settings. Additionally, the
    industry players are developing new software and
    hardware components to enhance HCL offerings and
    aid the consumer sector in boosting
    concentration, alertness, and mood of the
    employees.

4
Global human centric lighting market, by
solution, 2018

5

Browse Full Market Research Report On Human
Centric Lighting Market _at_ https//bit.ly/2LCQEJS
Request for a Sample of this Research Report
_at_ https//bit.ly/2xwuVeA
6
Continued...
  • Retrofit settings in the human centric lighting
    market was valued at over USD 50 million in 2018
    and are developing steadily due to the growing
    consumer awareness related to the impact of
    illumination on human psychology majorly in the
    commercial sector. The existing business, retail,
    and enterprise infrastructures are experiencing
    the need for advanced natural illumination to
    create comfortable aesthetics for employees,
    workers, and consumers.
  • The human centric lighting market solutions are
    gaining popularity in North America owing to the
    rising focus on infrastructure transformation and
    several new construction projects across various
    industry verticals. The increasing utilization of
    advanced LED lights in the U.S. and Canada due to
    energy-efficiency features and replacement of
    incandescent bulbs is driving the product demand.
    Moreover, the rising focus of North American
    countries to reduce high electricity power
    consumption by replacing conventional lighting
    systems with smart technologies is supporting the
    market growth.

7
Continued...
  • The prominent companies present in the human
    centric lighting market are Signify, Hubbell
    Inc., Zumtobel Group AG, Osram Licht Group,
    Lextar Electronics, Legrand, Trilux, Healthe,
    Glamox, and Wipro Lighting. Players operating in
    the market are focusing on the development of
    application-specific systems specifically for the
    healthcare, elderly care, and commercial sectors.
  • Newly developed body dynamic solutions include
    efficient controllers and software that allow
    users to control the brightness and color
    temperature depending on natural light
    conditions. For instance, in October 2018,
    Legrand and Lumileds announced their partnership
    for developing easy integrable and installable
    tunable light solutions. These new products aid
    the companies to promote high adoption of tunable
    LEDs across healthcare, hospitality, education,
    and commercial applications.

8
Industry Coverage

9
Table OF Content
Chapter 1. Methodology and Scope 1.1.
Definitions forecast parameters 1.1.1.
Definitions 1.1.2. Methodology and forecast
parameters 1.2. Data Sources 1.2.1.
Secondary 1.2.2. Primary Chapter 2. Executive
Summary 2.1. Human centric lighting industry
360 synopsis, 2015 2025 2.1.1. Business
trends 2.1.2. Solution trends 2.1.2.1. Hardware
trends 2.1.3. Installation type trends 2.1.4.
Application trends 2.1.5. Regional trends
10
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