Human Centric Lighting Market Scope
Human-centric lighting refers to lighting solutions that are specifically designed to have a positive psychological and/or physiological effect on humans. It promotes human health, well-being, and performance by planning and implementing the visual, emotional, and, in particular, biological effects of light in a deterministic and holistic manner. The emergence of advanced lighting technologies such as LEDs, smart bulbs, controllers, and intelligent & tunable fixtures is encouraging the implementation of smart & controllable lighting systems, thereby increasing market share. Light fixtures are becoming more intelligent as sensors and wireless controllers are added, allowing users to control illumination via smartphones and controller devices, computer panels.
The Human Centric Lighting market study is segmented, by Application (Wholesale & Retail, Enterprises & Data Centers, Residential, Educational Institutions, Healthcare, Industrial and Hospitality) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Human Centric Lighting market throughout the predicted period.
Signify Lighting NV (Netherlands), OSRAM Licht AG (Germany), Acuity Brands, Inc. (United States), Cree, Inc. (United States), Legrand SA (France), Hubbell Inc. (United States), Zumtobel Group AG (Austria), Wipro Enterprises (P) Ltd. (India), Glamox AS (Norway) and Lutron Electronics Co., Inc. (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Human Centric Lighting market by Type, Application and Region.
On the basis of geography, the market of Human Centric Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In November 2018, Cree launched LED Troffer, a FLEX series lighting system that provides architects and lighting specifiers incredible design freedom to address the USD 1.2 billion specification tier of the industry. The FLEX Series LED Specification troffer combines artistic appeal, design flexibility, and premium performance into a slim luminaire design that fits virtually any ceiling type.
- Growing Demand for Energy-Efficient Lighting Solutions
- High Adoption of Led Lighting Solutions
- Initiatives Toward Establishing Smart Cities Driving Demand for Human Centric Solutions
- Implementation of Wireless Technology for Led Lighting
- Compatibility Issues and High Installation Cost
Key Target AudienceHuman Centric Lighting Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others