PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555709
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555709
Human Centric Lighting Market size was valued at USD 3,546.87 Million in 2023, expanding at a CAGR of 34.5% from 2024 to 2032.
The Human-Centric Lighting (HCL) market is experiencing significant growth, driven by increasing awareness of the impact of lighting on human health and well-being. HCL systems are designed to align with the natural human circadian rhythms, improving mood, productivity, and overall well-being. This market is being propelled by advancements in LED technology, smart lighting controls, and the rising demand for energy-efficient solutions. Sectors such as healthcare, education, workplaces, and residential environments are adopting HCL systems to enhance comfort and performance. For instance, 90% of adult Americans spend their time in buildings so human-centric lighting ought to be a priority for both building owners and designers.
Human-Centric Lighting Market- Market Dynamics
Growing Awareness of Health and Well-being Propel the Human-Centric Lighting Market
The Human-Centric Lighting (HCL) market is experiencing significant growth due to increasing awareness about health and well-being. As people become more conscious of the impact of lighting on their physical and mental health, demand for HCL solutions is rising. These systems are designed to mimic natural daylight patterns, which can improve mood, productivity, and overall well-being. The growing adoption of smart homes, the emphasis on energy-efficient lighting, and the rise of remote work are also contributing to the market's expansion. Switches and dimmers held a dominant position in the market, contributing 35% of the total sales ($0.56 billion). Category growth in developing nations is fuelled by a variety of technological advancements and practical benefits. Overall, the rising awareness of the connection between lighting and health is a key driver in the Human-Centric Lighting market, encouraging both consumers and businesses to invest in these advanced lighting solutions.
Human Centric Lighting Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 34.5% over the forecast period (2024-2032)
Based on Installations type segmentation, New Installations was predicted to show maximum market share in the year 2023
Based on application segmentation, Commercial was the leading type in 2023
Based on end user segmentation, Commercial Enterprises was the leading type in 2023
Based on region, North America was the leading revenue generator in 2023
The Global Human Centric Lighting Market is segmented based on Component, Application, Installation Type, Light Source, End User, and Region.
The market is divided into two categories based on installation: The human-centric lighting industry is divided into two segments: new and retrofit, based on installation. Due to an increase in construction activities and the growing number of green buildings, the new category accounted for the biggest proportion of human-centric lighting globally in 2022. Among other things, it contains gates, switches, sensors, and LED lights of the newest generation. On the other hand, using smart lighting control systems makes lighting settings simple to change. This can involve automatic scheduling, occupancy sensors, and manual controls to guarantee that the proper illumination levels are maintained in various sections of the system and at various times.
The market is divided into four categories based on application: The human-centric lighting industry is divided into three segments based on application: residential, commercial, and industrial. Because of its potential to improve productivity, well-being, and overall experience for both consumers and staff, the commercial segment is expected to rise significantly over the projected period. HCL can be applied to commercial areas to create dynamic lighting environments that replicate natural daylight, control circadian rhythms, and enhance mood, alertness, and concentration. These spaces include workplaces, retail stores, healthcare facilities, and hospitality venues.
Human Centric Lighting Market- Geographical Insights
The Human-Centric Lighting (HCL) market in North America is characterized by significant growth, driven by the region's advanced infrastructure and strong emphasis on improving workplace productivity and well-being. The United States, being the largest contributor, leads in the adoption of HCL systems across various sectors, including commercial offices, healthcare facilities, educational institutions, and residential spaces. Canada is also witnessing increased adoption, particularly in healthcare and educational settings, where the benefits of circadian lighting are highly valued. The presence of major technology companies and ongoing research initiatives further fuel innovation in this market. Additionally, favorable regulations promoting energy efficiency and human health contribute to the market's expansion in North America.
The Human-Centric Lighting (HCL) market is becoming increasingly competitive, with major players striving to innovate and capture market share. Key companies like Signify (formerly Philips Lighting), Osram Licht AG, and Acuity Brands are leading the charge, leveraging their extensive R&D capabilities and strong brand recognition. These companies focus on integrating advanced technologies such as IoT and AI into their HCL solutions, enhancing user experience and energy efficiency. Meanwhile, smaller players and startups are entering the market with niche offerings, often targeting specific segments like healthcare or education, where the benefits of HCL are particularly pronounced. Companies like Lutron Electronics, Zumtobel Group, and Fagerhult are also notable competitors, with a strong presence in the commercial and architectural sectors. The market is characterized by ongoing product development, strategic partnerships, and increasing awareness of the health and productivity benefits associated with HCL, driving competition and innovation.
In January 2024, Lutron Electronics Co., Inc. introduced Maestro dual controls, featuring the innovative LED+ advanced dimming technology. These adaptable 2-in-1 gadgets provide outstanding dimming capabilities for a variety of LED, incandescent, and halogen lights. They are offered as both a dimmer/switch and a dimmer/timer. Lutron's own LED+ technology has been added to the devices, ensuring that LED bulbs dim flawlessly and without any unwelcome flickering or shimmering.
In June 2023, Helvar, a provider of lighting control systems and components, collaborated with BUCK Lighting, a provider of premium LED lighting products from Germany. The partnership is focused on offering smart, energy-efficient lighting solutions designed to improve ambience, comfort, and environmental sustainability for customers.