Human Centric Lighting Market
Human Centric Lighting Market Size, Share, Growth & Industry Analysis, By Type (Hardware, Software, Services), By Installation (New, Retrofit), By Application (Residential, Commercial, Industrial) and Regional Analysis, 2023-2030
Pages : 120
Base Year : 2022
Release : November 2023
Report ID: KR244
Human Centric Lighting Market Size
The global Human Centric Lighting Market size was valued at USD 3.62 billion in 2022 and is projected to reach USD 15.57 billion by 2030, growing at a CAGR of 23.10% from 2023 to 2030. In the scope of work, the report includes solutions offered by companies such as Glamox, Siemens, Lutron Electronics Co., Inc, Hubbell, SGH company, Lumileds Holding B.V., Wipro, Signify Holding, Legrand, OSRAM International GmbH, ACUITY BRANDS, INC. and Others.
The latest evolutionary leap for LEDs has been the advent of connected lighting systems. These systems empower customers to exert control, alter lighting settings, and monitor power consumption using applications installed on their devices. This connectivity enhances the overall user experience and provides businesses with a powerful tool to optimize energy consumption and operational efficiency. Overall, the shift towards human-centric lighting, driven by the growing adoption of LED lighting systems, presents significant opportunities for businesses to adopt sustainability, reduce energy consumption, and enhance the lighting experience for their customers.
Analyst’s Review
Human Centric Lighting (HCL) market has gained notable traction in recent years and emerged as a prominent trend in the lighting industry. This trend is driven by the increasing awareness of the impact of light on human circadian rhythms and the desire to create healthier and more productive environments. With advancements in technology, such as smart lighting systems and tunable LEDs, HCL is becoming increasingly accessible and customizable, allowing businesses to tailor lighting solutions to individual needs.
Market Definition
Human centric lighting is a lighting concept that prioritizes the well-being and productivity of individuals in commercial environments. It recognizes the impact of lighting on human circadian rhythms and aims to mimic natural daylight patterns to create optimal lighting conditions. HCL represents a strategic approach to lighting design that can significantly enhance the working experience and performance of employees.
By implementing HCL solutions, businesses can create lighting environments that align with the natural body clock, promoting alertness, focus, and overall well-being. This can lead to increased productivity, improved concentration, and reduced fatigue among employees. HCL also has the potential to positively impact the overall mood and satisfaction of individuals within a workspace, creating a more pleasant and engaging atmosphere.
HCL can offer a competitive advantage by attracting and retaining talent. Companies that prioritize the well-being of their employees through HCL demonstrate a commitment to creating a healthy and supportive work environment. This can help with employee recruitment, engagement, and overall satisfaction, leading to higher retention rates and improved productivity.
Furthermore, HCL can contribute to energy efficiency and sustainability goals in commercial buildings. By utilizing smart lighting systems and sensors, HCL solutions can optimize light levels based on occupancy and natural lighting conditions, reducing unnecessary energy consumption. This not only benefits the environment but also provides cost savings for businesses in terms of reduced energy bills.
Market Dynamics
The increasing adoption of LED lighting systems across various industries is likely to propel the lighting industry towards the realm of human-centric lighting market. The global demand for LEDs is primarily driven by their environmental benefits and reduced power consumption. According to Climate Group, lighting accounts for approximately 6% of worldwide CO2 emissions. However, the widespread transition to energy-efficient LEDs is projected to save a staggering 1,400 million tons of CO2 emissions and circumvent the need for constructing 1,250 power stations by 2030.
Moreover, the lack of common standards and protocols for human lighting systems hampers interoperability. Ethical considerations arise due to the potential disruption of biological clocks. Technical complexity arises from integrating tunable LEDs and smart lighting controls seamlessly. Moreover, cost and affordability can be barriers to widespread adoption, particularly for smaller businesses. Addressing these challenges requires collaboration among stakeholders to develop standards, advance technology, and raise awareness about the associated benefits and considerations.
Segmentation Analysis
The global market is segmented based on type, installation, application, and geography.
By Type
Based on type, the market is bifurcated into hardware, software, and services. The hardware segment held the largest human centric lighting market share in 2022 driven by innovative features such as tunable white lighting, color-changing capabilities, and smart control options. By utilizing HCL hardware, users can create lighting environments that simulate natural light patterns, regulate circadian rhythms, and enhance overall well-being and productivity.
By Installation
Based on installation, the human centric lighting market is categorized into new and retrofit. The new segment accumulated the largest share of global human centric lighting in 2022 owing to increasing construction activities and the rising prevalence of green buildings. It includes innovative generation LED bulbs, switches, sensors, and gateways, among others. However, integrating smart lighting control systems allows for easy and intuitive adjustment of lighting settings. This can include manual controls, occupancy sensors, and automated schedules to ensure that the right lighting levels are maintained at different times and in different areas of the installation.
By Application
Based on application, the human centric lighting market is bifurcated into residential, commercial, and industrial. The commercial segment is anticipated to experience significant growth over the forecast period as it has garnered significant attention for its potential to enhance productivity, well-being, and overall experience for both employees and customers. In commercial spaces such as offices, retail stores, healthcare facilities, and hospitality venues, HCL can be utilized to create dynamic lighting environments that mimic natural daylight, regulate circadian rhythms, and promote better concentration, alertness, and mood.
Human Centric Lighting Market Regional Analysis
Based on region, the global market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.
Europe held the largest human centric lighting market share in 2022. This can be attributed to the presence of prominent players including Legrand and OSRAM in the lighting and control devices industry. The market for human-centric lighting in the region is experiencing considerable growth due to the affluent living standards of the population. Western European countries are witnessing an increasing demand for energy-efficient lighting products and technologies. Moreover, the rising need for advanced lighting solutions in the hospitality sector, historical buildings, and architectural landmarks is also fostering the regional market outlook.
Competitive Landscape
The global human centric lighting market report will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers & acquisitions, product innovations, and joint ventures to expand their product portfolios and increase their market shares across different regions. Expansion & investments are the major strategic initiatives adopted by companies in the sector. Industry players are investing heavily in R&D activities, building new manufacturing facilities, and supply chain optimization.
List of Key Companies in Human Centric Lighting Market
- Glamox
- Siemens
- Lutron Electronics Co., Inc
- Hubbell
- SGH company
- Lumileds Holding B.V.
- Wipro
- Signify Holding
- Legrand
- OSRAM International GmbH
- ACUITY BRANDS, INC.
Key Industry Developments
- August 2023 (Launch): Signify unveiled a ground-breaking addition to its expanding Interact connected lighting portfolio: Interact Space analysis. Leveraging cutting-edge sensors, Interact Space analysis offers a data-centric solution that empowers facility owners with crucial insights to enhance the working environment for their workforce.
- March 2023 (Launch): Lutron launched the Athena wireless processor as part of its Athena lighting control system. This new processor is designed to be suitable for smaller spaces while also offering seamless scalability for larger projects. By incorporating the Athena wireless processor, Athena systems eliminate the need for panels and are compatible with a diverse array of both wireless and wired devices.
The Global Human Centric Lighting Market is Segmented as:
By Type
- Hardware
- Software
- Services
By Installation
- New
- Retrofit
By Application
- Residential
- Commercial
- Industrial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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