Human Centric Lighting Market- Global Industry Size, Share, Trends, Opportunities, and Forecast, 2018-2028 Segmented By Offering (Hardware, Software, Services), By Installation Type (New Installations, Retrofit Installations), By Application (Retail, Enterprises, Residential, Industrial, Healthcare, Education, Hospitality), By Component Type (Sensors, Drivers, Switches & Dimmers), By Region, Compe
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHuman Centric Lighting Market- Global Industry Size, Share, Trends, Opportunities, and Forecast, 2018-2028 Segmented By Offering (Hardware, Software, Services), By Installation Type (New Installations, Retrofit Installations), By Application (Retail, Enterprises, Residential, Industrial, Healthcare, Education, Hospitality), By Component Type (Sensors, Drivers, Switches & Dimmers), By Region, Compe
Human Centric Lighting Market is expected to grow during the forecast period due to the growing adoption of LED and increasing benefits of human centric lighting like improvement in efficiency.
Global Human Centric Lighting MarketDrivers & Trends
Benefits of Human Centric Lighting
The effect of lighting on humans has been studied for more than a decade now. It is stated that ganglion cells in the retina produce melanopsin which controls hormone production. The light intensity and temperature associated with it can affect the production of various hormones, such as dopamine, serotonin, cortisol, and melatonin, which control important aspects in the body. For instance, melatonin secretion leads to tiredness which can improve sleep and can reduce body temperature. The primary aim of human centric lighting is to simulate daylight conditions throughout the day. Human Centric Lighting (HCL) along with the light therapy treatment can trigger the body’s internal clock; bright blue light can be effective during the morning to improve the effectiveness and alertness of an individual, whereas less or no blue light should be used during the night to improve sleep.
The major driving factors for human centric lighting market are the benefits associated with it; however, these benefits have not been quantified in terms of monetary benefits. There is a huge potential for HCL market which can only be achieved by educating the manufacturers, customers, and policy makers about its benefits and applications. During the anticipated time, the market for this technology would see exponential expansion. Here are a few advantages of HCL
Health
Education
Office
Industrial
Wholesale & Retail
Hospitality
Residential
Joint Effort from Regulatory Bodies, Manufacturers, and Distributors
The key to improving the market penetration for human centric lighting (HCL) lies in educating the market about the benefits and applications of HCL. The fragmented value chain for the lighting industry has led to a low rate of adoption for the HCL solutions. There is a need for not only creating awareness at the consumer level but also giving significant importance to educating the fixture manufacturers and the lighting consultants or representatives. Europe has witnessed a significant growth in HCL industry and has quickly surpassed the North America region in HCL.
The major reason for this growth is the support from government bodies and organizations, such as the LightingEurope, Human Centric Lighting Society, and German Electrical and Electronic Manufacturers' Association (ZVEI), among others, in significantly contributing to drive the growth of solid-state lighting, thus clearing the path for the growth of HCL industry. Additionally, Human Centric Lighting Society believes that manufacturers will be a major force in driving this market's growth in the coming years. However, North America has not witnessed a similar trend for the HCL market growth. The regulatory landscape in this region is contradictory to what has been witnessed in Europe. SSL manufacturers and lighting practitioners have faced extensive challenges impeding the growth of the HCL market in this region. For instance, in the Americas, Design Lights Consortium (DLC) does not approve interior LED lighting or operating at Correlated Color Temperatures (CCTs) above 5000K even though these products can be used below 5000K.
Organizations, such as California Energy Commission (CEC), American Society of Heating, Refrigeration and Air Conditioning Engineers (ASHRAE), and Design Lights Consortium (DLC), among others, are creating barriers to HCL adoption in the North America region. However, the HCL industry should focus more on conducting research that can underline the benefits of HCL. The joint efforts from regulatory bodies, manufacturers, and the entire value chain for HCL have proved beneficial for HCL in Europe and will play a major role for other geographies as well in the coming years.
Increased Adoption of Solid-State Lighting
The future of the lighting industry is majorly governed by energy efficiency and savings from the lighting fixture. LEDs, which are the core of Solid-State Lighting (SSL), have gained increasing popularity in the past decade, owing to the increased energy efficiency and consequent savings. Furthermore, intelligent lighting controls have enhanced the energy savings aspect of LEDs with controls such as dimmers, switches, and sensors, among others. The increased penetration of smart lighting solutions in the lighting industry has paved way for Human Centric Lighting (HCL) in the past years. Customers and investors are now willing to retrofit their existing lighting systems with smart and connected solutions. Factors that have driven the high adoption rate of SSL majorly include energy efficiency and the decrease in prices.
Smart homes offer the benefit of controlling and programing an array of automated home electric devices via remotes. The energy management system and security access control systems have driven the adoption rate of smart home technology. Smart homes have already started evolving in developed countries, and the technology is also anticipated to develop in developing nations during the forecast period, owing to the governments’ supportive regulatory initiatives and significantly increasing interest of the consumers in reducing energy consumption. HCL solutions are expected to support smart home technology. Therefore, the benefits of this technology and its customization would drive the growth for HCL during the forecast period.
Global Human Centric Lighting MarketChallenges
Limited Awareness of Scientifically Proven Benefits of Human Centric Lighting (HCL)
One of the main reasons for the limited penetration of HCL solutions is lack of awareness among the customers. Stakeholders such as end users and manufacturers still feel it is too early for the technology to be commercialized without gaining a proper understanding of the biological effect of the light on human biology over the day and night cycle. Many webinars and presentations have been delivered on the implementation of HCL by the key industry players such as Philips Lighting, Osram, and Zumtobel, among others. Additionally, human centric lighting was one of the key highlights of World leading trade fair- Light + Building 2018, showcasing the key benefits of light on human biology, and how it can trigger the circadian rhythm.
The European government has made immense efforts in recent years to create awareness for the HCL and its benefits. However, such widespread adoption and efforts by the government have not been witnessed in other geographies such as the Americas, Asia-Pacific, and Middle East, among others. Organizations such as Human Centric Lighting Society have made efforts toward creating awareness and guiding the path for HCL industry. However, the efforts have not been at a global level, and the HCL industry is yet to witness an increased penetration in the market. The uncertainty toward the topic among the policy makers, architects, and consumers is one of the major challenges for the HCL industry during the forecast period. The combined efforts of the key industry players, policy makers, and organizations will play a crucial role for this industry in the coming years.
Return on Investment for Human Centric Lighting
The economic benefits of human centric lighting are not easy to quantify such as the cost of ownership and return on investment. The major drawback of HCL is evaluating its impact in improving the efficiency and the health of people. However, quantifying this in terms of energy savings or other monetary aspects is a huge task for the investors. Furthermore, the research on the same may lack accuracy as it will be subjected to a lot of assumptions and limitations which may vary extensively based on the application area and the function of the industry. For instance, HCL applied in a medical facility or home for the elderly can exhibit less attractive benefits for the investor but can be attractive for insurance companies which can benefit from better health.
In terms of energy savings, HCL solutions are more focused on providing the right light at the right time and, hence, are not on par with the smart lighting solutions. The benefits of HCL need a proper quantifying measure to justify the high investment for the installation of the same. The monetary aspect plays a major role in increasing the adoption of HCL and its exponential penetration rates in the market. Research and use cases for task at hand in specific industries that can underline the benefits of HCL can be valuable to the industry. Both the micro- and macro-level benefits of HCL need to be highlighted along with their use cases for this industry to attain high growth rates during the forecast period. Additionally, the existing supply chain requires well-trained lighting consultants who can further illustrate the monetary gains of using HCL at micro and macro levels. The benefits of HCL, such as increased productivity and improved health and wellbeing of a person, require time to be realized in terms of money. This understanding needs to develop throughout the application areas for better market adoption of this technology.
Market Segments
The global human centric lighting market is segmented into offering, installation type, application, component type, region and competitive landscape. Based on offering, the market is segmented into hardware, software, services. Based on installation type, the market is segmented into new installations, retrofit installations. Based on application, the market is segmented into Retail, Enterprises, Residential, Industrial, Healthcare, Education, Hospitality. Based on component type, the market is segmented into sensors, drivers, switches & dimmers.
Market Players
| Details | |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | Offering Installation Type Application Component Type Region |
| Regional Scope | North America, Asia-Pacific, Europe, South America, Middle East & Africa |
| Country scope | Germany, Italy, Spain, United Kingdom, France, United States, Canada, Mexico, China, India, Japan, Singapore, South Korea, UAE, Saudi Arabia, South Africa, Brazil, Argentina, Colombia |
| Key companies profiled | Philips Lighting N.V., Osram Licht AG, Zumtobel Group, Hubbell Incorporated, Arcluce S.p.A., Fagerhult AB, Herbert Waldmann GmbH & Co. KG, Glamox Luxonic Limited, Es-System S.A., CoeLux S.r.l. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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