North America Human Centric Lighting Market

North America 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 Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20675 Publication Date: March-2024 Number of Pages: 139
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Market Report Description

The North America Human Centric Lighting Market would witness market growth of 29.0% CAGR during the forecast period (2023-2030).

Integrating advanced sensors is a cornerstone in the evolution of HCL systems. These sensors are designed to capture and analyze data, ranging from ambient light levels and color temperatures to occupancy patterns and circadian rhythm indicators. Through this continuous monitoring, lighting systems gain a nuanced understanding of the surrounding environment, allowing them to mimic and enhance the natural lighting conditions experienced outdoors.

Furthermore, biodynamic lighting, an innovative approach within the HCL domain, involves replicating the natural lighting conditions experienced outdoors. This includes dynamically adjusting color temperatures and light intensities throughout the day to align with the natural progression of sunlight. Such biodynamic lighting systems aim to enhance the overall quality of indoor spaces by bringing the benefits of natural light into artificially lit environments.

The rising retail sector in Canada presents a promising opportunity for the expansion of HCL applications. HCL, with its focus on enhancing well-being and creating immersive environments through personalized lighting solutions, can play a significant role in shaping the shopping experience and improving overall customer satisfaction. As per the data released by Statistics Canada in 2023, retail sales increased 0.3% to $66.1 billion in July. Sales increased in seven of the nine subsectors and were led by increases at food and beverage retailers (+1.3%). Core retail sales—excluding gasoline stations, fuel vendors, and motor vehicle and parts dealers—were up 1.3% in July. Thus, rising enterprises and retail sectors in North America will lead to the expansion of the regional market.

The US market dominated the North America Human Centric Lighting Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,630.5 million by 2030. The Canada market is experiencing a CAGR of 31.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 30.7% during (2023 - 2030).

Free Valuable Insights: The Human Centric Lighting Market is Predict to reach $12.4 Billion by 2030, at a CAGR of 29.2%

Based on Installation Type, the market is segmented into New Installations, and Retrofit Installations. Based on Offering, the market is segmented into Hardware (Fixtures, Controllers), Software, and Services. Based on Controllers Type, the market is segmented into Sensors, Drivers, Microprocessors & Microcontrollers, Switches & Dimmers, Transmitters & Receivers. Based on Application, the market is segmented into Healthcare, Enterprises, Residential, Industrial, Education, Hospitality, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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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

North America 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 Country

  • US
  • Canada
  • Mexico
  • Rest of North America
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