Circadian Rhythm Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030

Circadian Rhythm Lighting Trends and Forecast

The future of the global circadian rhythm lighting market looks promising with opportunities in the animal, plant, drosophila, and mammal markets. The global circadian rhythm lighting market is expected to reach an estimated $777.0 million by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are increasing rates of seasonal affective disorder in the general population, growing awareness of circadian rhythm benefits like improved sleep quality, alertness, and overall well-being, and growing trend towards prioritizing health and wellness.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Circadian Rhythm Lighting by Segment

The study includes a forecast for the global circadian rhythm lighting by effects, function, end use, and region.

Circadian Rhythm Lighting Market by Effects [Shipment Analysis by Value from 2018 to 2030]:

• Primary
• Secondary

Circadian Rhythm Lighting Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Testosterone
• Cortisol
• Melatonin
• Growth Hormone

Circadian Rhythm Lighting Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Animals
• Plants
• Drosophila
• Mammals
• Others

Circadian Rhythm Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Circadian Rhythm Lighting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies circadian rhythm lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the circadian rhythm lighting companies profiled in this report include-

• TRILUX
• BIOS
• Glamox
• Novus Biologicals
• Halla
• WSP
• WLS Lighting Systems
• USAI Lighting
• ACUITY BRANDS LIGHTING
• Nanoleaf

Circadian Rhythm Lighting Market Insights

Lucintel forecasts that melatonin is expected to witness the highest growth over the forecast period.

Within this market, mammal will remain the largest segment.

North America will remain the largest region over the forecast period due to increasing consumer knowledge of the health advantages of circadian rhythm rhythms and increased healthcare spending by businesses across industries.

Features of the Global Circadian Rhythm Lighting Market

Market Size Estimates: Circadian rhythm lighting market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Circadian rhythm lighting market size by effects, function, end use, and region in terms of value ($M).

Regional Analysis: Circadian rhythm lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different effects, function, end use, and regions for the circadian rhythm lighting market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the circadian rhythm lighting market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the circadian rhythm lighting market size?

Answer: The global circadian rhythm lighting market is expected to reach an estimated $777.0 million by 2030.

Q2. What is the growth forecast for circadian rhythm lighting market?

Answer: The global circadian rhythm lighting market is expected to grow with a CAGR of 15.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the circadian rhythm lighting market?

Answer: The major drivers for this market are increasing rates of seasonal affective disorder in the general population, growing awareness of circadian rhythm benefits like improved sleep quality, alertness, and overall well-being, and growing trend towards prioritizing health and wellness.

Q4. What are the major segments for circadian rhythm lighting market?

Answer: The future of the global circadian rhythm lighting market looks promising with opportunities in the animal, plant, drosophila, and mammal markets.

Q5. Who are the key circadian rhythm lighting market companies?

Answer: Some of the key circadian rhythm lighting companies are as follows:

• TRILUX
• BIOS
• Glamox
• Novus Biologicals
• Halla
• WSP
• WLS Lighting Systems
• USAI Lighting
• ACUITY BRANDS LIGHTING
• Nanoleaf

Q6. Which circadian rhythm lighting market segment will be the largest in future?

Answer: Lucintel forecasts that melatonin is expected to witness the highest growth over the forecast period.

Q7. In circadian rhythm lighting market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing consumer knowledge of the health advantages of circadian rhythm rhythms and increased healthcare spending by businesses across industries.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the circadian rhythm lighting market by effects (primary and secondary), function (testosterone, cortisol, melatonin, and growth hormone), end use (animals, plants, drosophila, mammals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?