Human Centric Lighting Market

Global Human Centric Lighting Market Size, Share & Trends Analysis Report By Installation Type (New Installations, and Retrofit Installations), By Offering, By Controllers Type, By Application, By Regional Outlook and Forecast, 2023 - 2030

Report Id: KBV-20671 Publication Date: March-2024 Number of Pages: 338
2022
USD 1.6 Billion
2030
USD 12.4 Billion
CAGR
29.2%
Historical Data
2019 to 2021

Market Report Description

The Global Human Centric Lighting Market size is expected to reach $12.4 billion by 2030, rising at a market growth of 29.2% CAGR during the forecast period.

The incorporation of microprocessors and microcontrollers has allowed for the development of intelligent control systems within HCL solutions. Therefore, the microprocessors and microcontrollers segment captured $64.0 million revenue in the market in 2022. These systems enable precise adjustment of lighting parameters, including color temperature and intensity, based on various factors such as time of day, occupancy, and user preferences. This level of control is integral to delivering the tailored and dynamic lighting conditions associated with human-centric lighting.

Human Centric Lighting Market Size - Global Opportunities and Trends Analysis Report 2019-2030

Mimicking natural daylight helps align circadian rhythms, the body's internal clock that regulates sleep-wake cycles. Properly designed human-centric lighting considers factors such as glare reduction and optimal lighting conditions, which can help reduce eye strain and fatigue. This is particularly important in work and learning environments where individuals spend extended periods under artificial lighting. Thus, these aspects will increase demand in the market.

Additionally, HCL is incorporated into public spaces such as parks, streets, and squares. As per the data from the Statistics Canada, investment in building construction rose 1.7% to $19.8 billion in November 2023. Investing in the residential sector increased by 2.2% to $13.7 billion, whereas investment in the non-residential sector rose by 0.4% to $6.0 billion. Therefore, these aspects will pose lucrative growth prospects for the market.

However, implementing human-centric lighting involves purchasing specialized lighting fixtures, sensors, controls, and possibly additional infrastructure. The upfront investment can be substantial, especially for large-scale installations in commercial or industrial settings. The perceived high cost could discourage individuals from switching, especially if unaware of the potential long-term benefits. Hence, these factors will lead to reduced demand for human centric lighting.

Driving and Restraining Factors
Human Centric Lighting Market
  • Growing awareness of health and well-being
  • Increasing advancements in LED technology and smart lighting systems
  • Rising urbanization and infrastructure development
  • High initial costs of human centric lighting
  • Lack of standardization related to human centric lighting
  • Corporate emphasis on employee well-being
  • Growing integration in smart home systems
  • Limited awareness and education
  • Concerns about integrating human-centric lighting with existing lighting infrastructure

By Installation Type Analysis

On the basis of installation type, the market is divided into new installations and retrofit installations. The new installations segment recorded the 71.7% revenue share in the market in 2022. As awareness of the physiological and psychological impacts on human health grows, a heightened demand for new installations that leverage human-centric lighting principles is heightened.

By Offering Analysis

Based on offering, the market is segmented into hardware, software, and services. In 2022, the software segment garnered a 25.32% revenue share in the market. Software solutions play a crucial role in delivering personalized lighting experiences. Customizing lighting settings based on individual preferences, tasks, or circadian needs enhances the user experience.

Human Centric Lighting Market Share and Industry Analysis Report 2022

By Hardware Analysis

The hardware segment is bifurcated into fixtures and controllers. The fixtures segment recorded the 64.93% revenue share in the market in 2022. The integration of advanced technologies in lighting fixtures, such as smart controls, sensors, and connectivity features, can drive market growth. Fixtures that offer adaptability and customization options in terms of color temperature, intensity, and timing align with the principles of human-centric lighting, contributing to their popularity.

By Controllers Analysis

The controllers segment is segmented into sensors, drivers, microprocessors & microcontrollers, switches & dimmers, and transmitters & receivers. The sensors segment recorded the 27.44% revenue share in the market in 2022. Sensors enable HCL systems to gather real-time data on various factors, including occupancy, user preferences, and ambient light levels.

By Application Analysis

Based on application, the market is divided into enterprises, residential, industrial, healthcare, education, hospitality, and others. The healthcare segment procured the 33.86% revenue share in the market in 2022. Healthcare facilities are increasingly adopting patient-centric design principles, aiming to create environments that contribute positively to the well-being and recovery of patients.

Free Valuable Insights: Global Human Centric Lighting Market size to reach USD 12.4 Billion by 2030

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured a 30.0% revenue share in the market in 2022. There has been a growing awareness of the benefits of human-centric lighting in North America. Businesses, educational institutions, healthcare facilities, and residential spaces have shown an increasing interest in implementing lighting solutions that positively impact human well-being and productivity.

Human Centric Lighting Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 1.6 Billion
Market size forecast in 2030 USD 12.4 Billion
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 29.2% from 2023 to 2030
Number of Pages 338
Number of Tables 570
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Installation Type, Offering, Application, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Signify N.V., ams-OSRAM AG, Acuity Brands, Inc., Cree, Inc. (SMART Global Holdings, Inc.), Legrand S.A. (Legrand Group), Hubbell Incorporated, Lutron Electronics Co., Inc., Zumtobel Group AG, Koninklijke Philips N.V., Wipro Limited
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Recent Strategies Deployed in the Market

  • Jan-2024: Legrand S.A. launches Matter-Enabled Smart Lighting Products from the radiant Collection, integrating the Matter standard into light switches, dimmers, and outlets, reflecting a dedication to smart lighting innovation.
  • Nov-2023: Acuity Brands, Inc. acquired Current Lighting Solutions for its Arize family of horticulture lighting products and partnered with Hort Americas, LLC as the exclusive distributor in the U.S., Canada, and Mexico. This move expands Acuity Brands' offerings in the growing controlled environment agriculture market, leveraging its lighting and controls expertise to enhance productivity and reduce energy usage for growers.
  • Jan-2023: Acuity Brands Lighting, Inc., a part of Acuity Brands, Inc. has partnered with Biological Innovations and Optimization Systems, LLC (BIOS), a NASA spinoff specializing in LED lighting solutions for humans and plants. Under this agreement, BIOS will supply Acuity Brands with specific human-centric LED lighting components for integration into its architectural lighting fixtures designed for wellness purposes.
  • Dec-2022: Legrand S.A. has acquired Encelium, a Canadian manufacturer of advanced commercial lighting controls. This move allows Legrand to offer Encelium customers access to a broader range of control solutions, including a comprehensive digital lighting control platform that extends to DLM motorized shading, ensuring compliance with regulatory standards.
  • Aug-2021: Legrand S.A. acquired Ensto Building Systems, a Finnish technology company with over 60 years of experience. This strategic acquisition expands Legrand's product portfolio and market presence in the Nordics and Europe, aligning with its growth strategy.

List of Key Companies Profiled

  • Signify N.V.
  • ams-OSRAM AG
  • Acuity Brands, Inc.
  • Cree, Inc. (SMART Global Holdings, Inc.)
  • Legrand S.A. (Legrand Group)
  • Hubbell Incorporated
  • Lutron Electronics Co., Inc.
  • Zumtobel Group AG
  • Koninklijke Philips N.V.
  • Wipro Limited

Human Centric Lighting Market Report Segmentation

By Installation Type

  • New Installations
  • Retrofit Installations

By Offering

  • Hardware
    • Fixtures
    • Controllers
      • Sensors
      • Drivers
      • Microprocessors & Microcontrollers
      • Switches & Dimmers
      • Transmitters & Receivers
    • Software
    • Services

By Application

  • Healthcare
  • Enterprises
  • Residential
  • Industrial
  • Education
  • Hospitality
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Frequently Asked Questions About This Report

This Market size is expected to reach $12.4 billion by 2030.

Growing awareness of health and well-being are driving the Market in coming years, however, High initial costs of human centric lighting restraints the growth of the Market.

Signify N.V., ams-OSRAM AG, Acuity Brands, Inc., Cree, Inc. (SMART Global Holdings, Inc.), Legrand S.A. (Legrand Group), Hubbell Incorporated, Lutron Electronics Co., Inc., Zumtobel Group AG, Koninklijke Philips N.V., Wipro Limited

The expected CAGR of this Market is 29.2% from 2023 to 2030.

The Hardware segment is leading the Market by Offering in 2022; thereby, achieving a market value of $7.6 billion by 2030.

The Europe region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.4 billion by 2030.

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