Market Research Future (MRFR) believes that the human centric
lighting market 2020 can gain substantial grounds across the globe between 2018
and 2023 (evaluation period). The market is said to be expanding at an
exhilarating pace, given the increasing application scope of human centric
lighting in the healthcare industry, such as in elderly care centers and
hospitals. We will provide COVID-19 impact analysis with the report. The human centric lighting market report
discusses the COVID-19 impact on the market and the growth potential of the
industry following the coronavirus disease outbreak.
COVID-19 Analysis
SARS-CoV-2 has led to higher focus on the development of a
strong supply chain as well as on the exploration of ways to deal with the lack
of raw materials and products in the semiconductor industry. The novel
coronavirus induced lockdown has boosted the demand for potential suppliers
along with the adoption of better techniques to bring down the instability in
the supply chain. Post pandemic, the situation has been such that more and more
industries are adopting the latest technologies that can ensure better
productivity and stability of the supply chain.
Although the lighting industry is bearing the repercussions
of the COVID-19 outbreak, human-centric lighting (HCL) systems are finding
extensive deployment in healthcare, industrial, education, residential and
retail industries. The demand for HCL systems has gone up significantly in the
healthcare sector, following the pandemic, especially in elderly care centers
for people who are unable to obtain daylight due to mobility issues or some
illness.
Leading Companies
Leading companies in the market are Waldmann Lighting (US),
Hubbell Inc. (US), Arcluce S.p.A. (Italy), Koninklijke Philips NV (The
Netherlands), Glamox (Norway), Zumtobel AG (Austria), CoeLux S.r.l (Italy),
Fagerhult AB (Sweden), Osram Licht AG (Germany), ES-SYSTEM S.A. (Poland), and
more.
Some other vendors listed in the study include NormaGrup
Technology (Spain), Legrand SA (France), Seoul Semiconductor Co Ltd (South
Korea), to name a few.
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Market Segmentation
Application and component type are the primary segments based
on which the market research has been carried out by MRFR.
The application-wise categories are healthcare, retail,
education, residential, industrial, and others.
The component types described in the market study include
drivers, sensors, switches & dimmers, transmitters & receivers and
microprocessors & microcontrollers.
Regional Insight
North America, Europe, APAC/Asia Pacific, along with RoW/rest
of the world are the primary markets for human centric lighting.
Europe could emerge as the leader in the global market, with
Germany, Spain and the UK heading the said growth. The high consumption of HCL
solutions in the healthcare sector along with the strong backing given by the
government as well as regulatory bodies are some of the top impacting factors.
Massive investments by the government and leading companies also favor the
human-centric lighting market here.
The North American market can claim the second lead in the
global market, thanks to the escalating growth of advanced technologies such as
artificial intelligence and IoT backed by the extensive IT infrastructure in
the region. Canada and the US could be the most profitable markets in the
region during the appraisal period.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Human Centric Lighting Market, By Segments
7.
Competitive Analysis
Continued…
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