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Human Centric Lighting Market Share

  • Report ID: GMI3637
  • Published Date: Mar 2021
  • Report Format: PDF
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Human Centric Lighting Market Share

Manufacturers are focused primarily on strategic partnerships and product portfolio expansion to enhance their market share. For instance, in December 2020, Signify and Honeywell International Inc. entered into a strategic partnership to deploy smart and integrated lighting solutions for commercial buildings. This assisted the companies to extend their services to a mass audience.
 

The prominent players in the human centric lighting market include:

  • Signify
  • Osram Licht Group
  • Zumtobel Group AG
  • Hubbell Inc
  • Glamox
  • TRILUX GmbH & Co. KG
  • Wipro Lighting
  • Legrand
  • Healthe.
Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Human centric lighting market size surpassed USD 1 billion in 2020 and will register a CAGR of around 25% through 2027 with rising popularity of new lighting innovations and increasing initiatives for replacing conventional lights.

Hardware segment will register a CAGR of over 26% through 2027 with increasing demand for hardware components like controllers, fixtures, etc.

New installation segment captured around 90% of market share in 2020 on account of increasing new construction activities and adoption of smart home automation solutions.

Commercial application held more than 45% of overall market revenue in 2020 and will grow with the expansion business enterprises, offices, banks, retail stores, malls, and restaurants.

Europe human centric lighting systems market had recorded a valuation of around USD 750 million in 2020 and will expand over coming years owing to rising application of intelligent light systems across healthcare and commercial sectors.

Human Centric Lighting Market Scope

  • Human Centric Lighting Market Size
  • Human Centric Lighting Market Analysis
  • Human Centric Lighting Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 20
    • Tables & Figures: 239
    • Countries covered: 16
    • Pages: 250
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