Product Code: GVR-4-68040-363-7
Human Centric Lighting Market Growth & Trends:
The global human centric lighting market size is estimated to reach USD 19.83 billion by 2030, growing at a CAGR of 29.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, driven by the growing demand for energy-efficient lighting solutions. As awareness of energy consumption's environmental and economic impacts grows, the demand for energy-efficient lighting solutions that align with sustainable practices has surged.
Energy-efficient HCL solutions contribute to broader sustainability goals, a growing priority for governments, corporations, and individuals. Regulations and standards to reduce carbon footprints and promote green building practices are becoming more stringent worldwide. Energy-efficient lighting systems help organizations comply with these regulations while enhancing their environmental credentials. This alignment with sustainability initiatives helps reduce greenhouse gas emissions and enhances corporate social responsibility (CSR) profiles, attracting eco-conscious customers and investors.
In July 2023, the European Union finalized the enhancement of the Energy Efficiency Directive, incorporating a new goal. This initiative aims to cut the EU's final energy consumption by 11.7% by 2030, compared to what was initially projected for the same period, based on the 2020 forecasts. This objective has been set to ensure significant benefits for individuals, businesses, and the environment through efficient energy use. Following the adoption of this updated legislation, it became effective across all EU member states in October 2023. The target translates into a reduction of 992.5 million tonnes of oil equivalent (Mtoe) in primary energy exhaustion and 763 Mtoe in final energy consumption by 2030.
Growing awareness of health and well-being significantly contributes to expanding the market. As scientific research increasingly highlights the profound effects of lighting on human health, including sleep patterns, mood regulation, and cognitive performance, there is a growing demand for lighting solutions that support overall well-being. Human-centric lighting, designed to align with the natural human circadian rhythm, is becoming essential in various settings, from homes and workplaces to healthcare and educational institutions. In July 2023, German-based Lighting Europe German Electrical and Electronic Manufacturers' Association (ZVEI) published a study revealing that human-centric lighting could enhance productivity by as much as 7.7% in manual labor settings. This improvement is attributed to increased concentration, fewer errors, and elevated motivation, leading to greater output.
Human Centric Lighting Market Report Highlights:
- The fixtures segment is expected to register a CAGR of 29.1% from 2024 to. Companies are recognizing that investing in high-quality lighting fixtures can improve employee productivity, reduce absenteeism, and enhance overall workplace satisfaction.
- The retrofit segment is expected to register a CAGR of 29.9% from 2024 to. The increasing number of retrofit projects is driving the segment's growth.
- The commercial segment is expected to register a CAGR of 28.9% from 2024 to 2030. Proper lighting reduces eye strain and fatigue, leading to better focus and fewer errors. Additionally, well-lit workspaces help prevent accidents and injuries by ensuring that hazards are visible. This increased safety and efficiency make human-centric lighting a valuable investment for industrial facilities.
- Asia Pacific is anticipated to emerge as the fastest-growing region over the forecast period, growing at a CAGR of 30.5% from 2024 to 2030. The region's rapid urbanization and population growth drive the market demand. The population in urban areas tends to spend more time indoors. This shift towards indoor lifestyles has heightened awareness of the importance of lighting in influencing mood, productivity, and overall well-being. Human-centric lighting solutions enhance indoor environments and promote wellness inside homes.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Human Centric Lighting Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Human Centric Lighting Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Human Centric Lighting: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Human Centric Lighting: Product Movement Analysis, USD Billion, 2023 & 2030
- 4.3. Fixtures
- 4.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4. Controllers
- 4.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.2. Sensors
- 4.4.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.3. Drivers
- 4.4.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.4. Microcontrollers
- 4.4.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.5. Others
- 4.4.5.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.5. Software
- 4.5.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.6. Services
- 4.6.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Human Centric Lighting: Installation Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Human Centric Lighting: Installation Type Movement Analysis, USD Billion, 2023 & 2030
- 5.3. New
- 5.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.4. Retrofit
- 5.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Human Centric Lighting: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Human Centric Lighting: Application Movement Analysis, USD Billion, 2023 & 2030
- 6.3. Residential
- 6.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4. Commercial
- 6.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. Education
- 6.4.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Office
- 6.4.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. Healthcare
- 6.4.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. Industrial
- 6.4.5.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.6. Others
- 6.4.6.1. Market size estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Human Centric Lighting Market: Regional Estimates & Trend Analysis
- 7.1. Human Centric Lighting Market Share, By Region, 2023 & 2030, USD Billion
- 7.2. North America
- 7.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.2.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.2.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.2.5. U.S.
- 7.2.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.5.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.2.5.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.2.5.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.2.6. Canada
- 7.2.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.6.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.2.6.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.2.6.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.2.7. Mexico
- 7.2.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.7.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.2.7.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.2.7.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.3. Europe
- 7.3.1. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.3.2. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.3.3. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.3.4. U.K.
- 7.3.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.3.4.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.3.4.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.3.5. Germany
- 7.3.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.5.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.3.5.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.3.5.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.3.6. France
- 7.3.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.3.6.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.3.6.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.3.7. Italy
- 7.3.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.7.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.3.7.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.3.7.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.4.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.4.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.4.5. China
- 7.4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.4.5.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.4.5.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.4.6. India
- 7.4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.4.6.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.4.6.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.4.7. Japan
- 7.4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.7.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.4.7.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.4.7.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.4.8. Australia
- 7.4.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.8.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.4.8.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.4.8.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.4.9. South Korea
- 7.4.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.9.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.4.9.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.4.9.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.5. Latin America
- 7.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.5.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.5.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.5.5. Brazil
- 7.5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.5.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.5.5.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.5.5.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.5.6. Argentina
- 7.5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.6.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.5.6.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.5.6.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.6. Middle East & Africa
- 7.6.1.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.1.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.6.1.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.6.1.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.6.2. UAE
- 7.6.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.6.2.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.6.2.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.3.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.6.3.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.6.3.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 7.6.4. South Africa
- 7.6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.4.2. Market estimates and forecast by product, 2018 - 2030 (Revenue, USD Billion)
- 7.6.4.3. Market estimates and forecast by installation type, 2018 - 2030 (Revenue, USD Billion)
- 7.6.4.4. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Mergers & Acquisition
- 8.5.3. Partnerships & Collaborations
- 8.5.4. New Product Launches
- 8.5.5. Research And Development
- 8.6. Company Profiles
- 8.6.1. ACUITY BRANDS, INC.
- 8.6.1.1. Participant's Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Recent Developments
- 8.6.2. ams-OSRAM AG
- 8.6.2.1. Participant's Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Recent Developments
- 8.6.3. Cree Lighting USA LLC
- 8.6.3.1. Participant's Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Recent Developments
- 8.6.4. Eaton Corporation
- 8.6.4.1. Participant's Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Recent Developments
- 8.6.5. Fagerhults Belysning AB
- 8.6.5.1. Participant's Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Recent Developments
- 8.6.6. Helvar
- 8.6.6.1. Participant's Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Recent Developments
- 8.6.7. Hubbell Lighting
- 8.6.7.1. Participant's Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Recent Developments
- 8.6.8. LEDVANCE GmbH
- 8.6.8.1. Participant's Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Recent Developments
- 8.6.9. Legrand SA
- 8.6.9.1. Participant's Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Recent Developments
- 8.6.10. Lutron Electronics Co., Inc
- 8.6.10.1. Participant's Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Recent Developments
- 8.6.11. Schneider Electric
- 8.6.11.1. Participant's Overview
- 8.6.11.2. Financial Performance
- 8.6.11.3. Product Benchmarking
- 8.6.11.4. Recent Developments
- 8.6.12. Signify Holding
- 8.6.12.1. Participant's Overview
- 8.6.12.2. Financial Performance
- 8.6.12.3. Product Benchmarking
- 8.6.12.4. Recent Developments
- 8.6.13. Trilux Group
- 8.6.13.1. Participant's Overview
- 8.6.13.2. Financial Performance
- 8.6.13.3. Product Benchmarking
- 8.6.13.4. Recent Developments
- 8.6.14. Wipro Lighting
- 8.6.14.1. Participant's Overview
- 8.6.14.2. Financial Performance
- 8.6.14.3. Product Benchmarking
- 8.6.14.4. Recent Developments
- 8.6.15. Zumtobel
- 8.6.15.1. Participant's Overview
- 8.6.15.2. Financial Performance
- 8.6.15.3. Product Benchmarking
- 8.6.15.4. Recent Developments