Hospital Lighting Market by Product (Troffers, Surface-mounted lights, Surgical lamps), Technology ( Fluorescent, LED, Renewable Energy) Application (Patient Wards & ICUs, Examination Rooms, Surgical Suites - Global Forecast to 2021

  • ID: 4229092
  • Report
  • Region: Global
  • 124 Pages
  • Markets and Markets
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Hospital Lighting Market worth 7.03 Billion USD by 2021

FEATURED COMPANIES

  • Cree Inc.
  • Eaton Corporation PLC
  • Hubbell Incorporation
  • KLS Martin Group
  • Koninklijke Philips N.V.
  • Trilux Lighting Ltd.
  • MORE

The hospital lighting market is projected to reach USD 7.03 billion by 2021 from USD 5.19 billion in 2016, at a CAGR of 6.2% from 2016 to 2021. The hospital lighting market is segmented based on products, technology, applications and region.

On the basis of product, the hospital lighting market is segmented into troffers, surface-mounted lights, surgical lights and other products. The troffer segment is estimated to account for the largest share of the hospital lighting market in 2016. Factors such as, to increasing number of hospitals in Asian countries and surging adoption of LED based troffers in hospitals globally.

The technology is segmented into fluorescent, LED, renewable energy and other technologies. The LED technology is projected to witness the highest growth in this market due to the longer shelf life, increasing adoption of LED, and technological advantages over traditional lighting

The applications market, by type, is segmented into patient wards & ICUs, examination rooms, surgical suites and other applications. The patient wards and ICUs segment is projected to witness the highest growth in this market due to technical enhancements and increasing adoption of LED based fixtures in hospitals wards.

Geographically, the hospital lighting market is dominated by North America, followed by Europe, Asia and the Rest of the World (RoW). Asia is the fastest growing market. Growth in this market driven by the increasing number of hospitals, growing population, and government initiatives for the improvement of healthcare infrastructure.

Prominent players in this market are General Electric Company (U.S.), Acuity Brands Lighting Inc. (U.S.), Cree Inc. (U.S.), Eaton Corporation PLC (Ireland), Hubbell Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), and Zumtobel Group AG (Austria). Other players in this market include Herbert Waldmann GmbH & Co. KG (Germany), KLS Martin Group (Germany), and Trilux Lighting Ltd (U.K.).

Research Coverage:

Apart from comprehensive geographic and devices analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by players to maintain and increase their shares in the market.

Reasons to Buy the Report:

This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help these firms garner greater market shares. Companies purchasing the report can use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the hospital lighting market. The report analyses the hospital lighting market by products, application, end users, and region.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the hospital lighting market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the hospital lighting market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for hospital lighting across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the, hospital lighting market.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cree Inc.
  • Eaton Corporation PLC
  • Hubbell Incorporation
  • KLS Martin Group
  • Koninklijke Philips N.V.
  • Trilux Lighting Ltd.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodolog
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Hospital Lighting Market to Offer Opportunities
4.2 Geographic Analysis: Market, By Technology (2016)
4.3 Market Size, By Application, 2016 vs 2021
4.4 Geographical Snapshot of the Global Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Number of Hospitals in Emerging Economies
5.2.1.2 Increasing Adoption of LED-Based Lighting Fixtures
5.2.1.2.1 Advantages of LED Lighting Over Conventional Lighting
5.2.1.2.2 Government Initiatives to Improve Energy Efficiency in Hospitals
5.2.2 Opportunity
5.2.2.1 Advancements in Lighting Technologies

6 Hospital Lighting Market, By Product
6.1 Introduction
6.2 Troffers
6.3 Surface-Mounted Lights
6.4 Surgical Lamps
6.5 Other Products

7 Hospital Lighting Market, By Technology
7.1 Introduction
7.2 Fluorescent Technology
7.3 LED Technology
7.4 Renewable Energy
7.5 Other Technologies

8 Hospital Lighting Market, By Application
8.1 Introduction
8.2 Patient Wards & ICUs
8.3 Surgical Suites
8.4 Examination Rooms
8.5 Other Applications

9 Hospital Lighting Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe (RoE)
9.4 Asia
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia
9.5 Rest of the World

10 Competitive Landscape
10.1 Introduction
10.2 Strategic Overview
10.3 Market Share Analysis
10.4 Competitive Situation and Trends
10.4.1 Product Launches
10.4.2 Agreements & Partnerships
10.4.3 Acquisitions
10.4.4 Expansions
10.4.5 Other Developments

11 Company Profiles
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View) -
11.1 Introduction
11.2 Acuity Brands Lighting Inc.
11.3 Cree Inc.
11.4 Eaton Corporation PLC
11.5 GE Lighting (A Fully Owned Subsidiary of General Electric Company)
11.6 Hubbell Incorporation
11.7 Koninklijke Philips N.V.
11.8 Zumtobel Group AG
11.9 Herbert Waldmann GmbH & Co. Kg
11.10 KLS Martin Group
11.11 Trilux Lighting Ltd.

12 Appendix
12.1 Industry Insights
12.2 Discussion Guide
12.3 Knowledge Store
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables:
Table 1 Comparative Analysis of Different Lighting Fixtures, By Type
Table 2 Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 3 Market Size for Troffers, By Region, 2014-2021 (USD Million)
Table 4 Market Size for Surface-Mounted Lights, By Region, 2014-2021 (USD Million)
Table 5 Hospital Lighting Market Size for Surgical Lamps, By Region, 2014-2021 (USD Million)
Table 6 Application of Emergency Lights in Hospitals
Table 7 Market Size for Other Products, By Region, 2014-2021 (USD Million)
Table 8 Market Size, By Technology, 2014-2021 (USD Million)
Table 9 Market Size for Fluorescent Technology, By Region, 2014-2021 (USD Million)
Table 10 Hospital Lighting Market Size for LED Technology, By Region, 2014-2021 (USD Million)
Table 11 Market Size for Renewable Energy, By Region, 2014-2021 (USD Million)
Table 12 Market Size for Other Technologies By Region, 2014-2021 (USD Million)
Table 13 Market Size, By Application, 2014-2021 (USD Million)
Table 14 Hospital Lighting Market Size for Hospital Wards & Intensive Care Units, By Region, 2014-2021 (USD Million)
Table 15 Hospital Lighting Market Size for Surgical Suites, By Region, 2014-2021 (USD Million)
Table 16 Market Size for Examination Rooms, By Region, 2014-2021 (USD Million)
Table 17 Market Size for Other Applications, By Region, 2014-2021 (USD Million)
Table 18 Market Size, By Region, 2014-2021 (USD Million)
Table 19 North America: Hospital Lighting Market Size, By Country, 2014-2021 (USD Million)
Table 20 North America: Market Size, By Product, 2014-2021 (USD Million)
Table 21 North America: Market Size, By Technology, 2014-2021 (USD Million)
Table 22 North America: Market Size, By Application, 2014-2021 (USD Million)
Table 23 U.S.: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 24 U.S.: Market Size, By Technology, 2014-2021 (USD Million)
Table 25 U.S.: Market Size, By Application, 2014-2021 (USD Million)
Table 26 Canada: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 27 Canada: Market Size, By Technology, 2014-2021 (USD Million)
Table 28 Canada: Market Size, By Application, 2014-2021 (USD Million)
Table 29 Europe: Hospital Lighting Market Size, By Country, 2014-2021 (USD Million)
Table 30 Europe: Market Size, By Product, 2014-2021 (USD Million)
Table 31 Europe: Market Size, By Technology, 2014-2021 (USD Million)
Table 32 Europe: Lighting Market Size, By Application, 2014-2021 (USD Million)
Table 33 Germany: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 34 Germany: Market Size, By Technology, 2014-2021 (USD Million)
Table 35 Germany: Market Size, By Application, 2014-2021 (USD Million)
Table 36 U.K.: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 37 U.K.: Market Size, By Technology, 2014-2021 (USD Million)
Table 38 U.K.: Market Size, By Application, 2014-2021 (USD Million)
Table 39 France: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 40 France: Market Size, By Technology, 2014-2021 (USD Million)
Table 41 France: Market Size, By Application, 2014-2021 (USD Million)
Table 42 RoE: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 43 RoE: Market Size, By Technology, 2014-2021 (USD Million)
Table 44 RoE: Market Size, By Application, 2014-2021 (USD Million)
Table 45 Asia: Hospital Lighting Market Size, By Country, 2014-2021 (USD Million)
Table 46 Asia: Market Size, By Product, 2014-2021 (USD Million)
Table 47 Asia: Market Size, By Technology, 2014-2021 (USD Million)
Table 48 Asia: Market Size, By Application, 2014-2021 (USD Million)
Table 49 China: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 50 China: Market Size, By Technology, 2014-2021 (USD Million)
Table 51 China: Market Size, By Application, 2014-2021 (USD Million)
Table 52 Japan: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 53 Japan: Market Size, By Technology, 2014-2021 (USD Million)
Table 54 Japan: Market Size, By Application, 2014-2021 (USD Million)
Table 55 India: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 56 India: Market Size, By Technology, 2014-2021 (USD Million)
Table 57 India: Market Size, By Application, 2014-2021 (USD Million)
Table 58 RoA: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 59 RoA: Market Size, By Technology, 2014-2021 (USD Million)
Table 60 RoA: Market Size, By Application, 2014-2021 (USD Million)
Table 61 RoW: Hospital Lighting Market Size, By Product, 2014-2021 (USD Million)
Table 62 RoW: Market Size, By Technology, 2014-2021 (USD Million)
Table 63 RoW: Market Size, By Application, 2014-2021 (USD Million)
Table 64 Growth Strategy Matrix, 2013-2017
Table 65 Product Launches, 2013-2017
Table 66 Agreements & Partnerships, 2013-2017
Table 67 Acquisitions, 2013-2017
Table 68 Expansions, 2013-2017
Table 69 Other Developments, 2013-2017

List of Figures:
Figure 1 Global Hospital Lighting Market Segmentation
Figure 2 Research Methodology
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Global Market: Bottom-Up Approach
Figure 5 Global Market: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Market Size, By Product, 2016 vs 2021 (USD Billion)
Figure 8 Market Size, By Technology, 2016 vs 2021 (USD Billion)
Figure 9 Market Size, By Application, 2016 vs 2021 (USD Billion)
Figure 10 Geographic Snapshot of the Global Market
Figure 11 Global Hospital Lighting Market to Witness Moderate Growth During the Forecast Period
Figure 12 Fluorescent Technology Accounted for the Largest Share of the Global Market in 2016
Figure 13 Patient Wards & ICU Segment Will Continue to Dominate the Market in 2021
Figure 14 Asia to Register the Highest Growth Rate During the Forecast Period
Figure 15 Hospital Lighting Market: Drivers and Opportunities
Figure 16 Troffers Commanded the Largest Market Share in 2016
Figure 17 The Fluorescent Technology Segment Dominated the Hospital Lighting Market in 2016
Figure 18 Patient Wards & ICUs Segment Accounted for the Largest Market Share in 2016
Figure 19 Regional Snapshot: Emerging Asian Markets Offer Significant Growth Opportunities
Figure 20 North America: Hospital Lighting Market Snapshot
Figure 21 Fluorescent Technology Segment to Dominate the North American Hospital Lighting Technology Market During the Forecast Period
Figure 22 Fluorescent Technology Segment to Dominate the Hospital Lighting Technology Market in U.S. During the Forecast Period
Figure 23 Fluorescent Technology Segment to Dominate the Canadian Hospital Lighting Technology Market During the Forecast Period
Figure 24 Europe: Market Snapshot
Figure 25 Emerging Markets of Germany Offer Significant Growth Opportunities
Figure 26 Fluorescent Technology Segment to Dominate the European Hospital Lighting Market, By Technology, During the Forecast Period
Figure 27 LED Technology to Grow at the Fastest Rate in Germany During the Forecast Period
Figure 28 LED Segment to Grow at the Highest Rate in the U.K. Market, By Technology
Figure 29 Fluorescent Technology Segment Holds Largest Share of the French Market
Figure 30 LED Technology to Grow at the Fastest Rate in Germany During the Forecast Period
Figure 31 Asia: Hospital Lighting Market Snapshot
Figure 32 China Dominates the Asian Market
Figure 33 Asia: Fluorescent Technology Segment Expected to Dominate the Hospital Lighting Technology Market
Figure 34 Fluorescent Technology Segment to Hold Largest Share in the Chinese Hospital Lighting Market, By Technology
Figure 35 LED Segment to Register Highest Growth in the Japanese Market
Figure 36 Indian Market, By Technology: Fluorescent Technology Segment Holds Largest Share
Figure 37 Fluorescent Technology Segment to Dominate the RoA Market During the Forecast Period
Figure 38 LED, the Fastest-Growing Technology Segment of the RoW Market
Figure 39 Product Launches Were the Key Strategies Adopted By Players in the Global Market
Figure 40 Hospital Lighting Market Share Analysis, By Key Player, 2015
Figure 41 Geographic Revenue Mix of Top Market Players
Figure 42 Acuity Brands Lighting Inc.: Company Snapshot (2015)
Figure 43 Cree Inc.: Company Snapshot (2015)
Figure 44 Eaton Corporation PLC: Company Snapshot (2015)
Figure 45 General Electric Company: Company Snapshot (2015)
Figure 46 Hubbell Incorporated: Company Snapshot (2015)
Figure 47 Koninklijke Philips N.V.: Company Snapshot (2015)
Figure 48 Zumtobel Group AG: Company Snapshot (2015)
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cree Inc.
  • Eaton Corporation PLC
  • Hubbell Incorporation
  • KLS Martin Group
  • Koninklijke Philips N.V.
  • Trilux Lighting Ltd.
  • MORE

The hospital lighting market is projected to reach USD 7.03 Billion by 2021 from USD 5.19 Billion in 2016, at a CAGR of 6.2% from 2016 to 2021. The increasing adoption of LED based lighting products and increasing number of hospital in emerging economies are the key factor driving the market growth. Moreover, increasing government support to energy efficiency program for hospitals is contributing to the growth of market.

This market is segmented based on technology, products, applications and region. On the basis of technology, the hospital lighting market is segmented into fluorescent, LED, renewable energy and other technologies fluorescent technology segment is expected to account for the largest share of the market in 2016. Factors such as, cheaper cost and low operational cost are driving this market.

Based on product, market is segmented into troffers, surface-mounted lights, surgical lights and other products. Troffers segment is expected to account for the largest share of the market during the forecast period. Growth in this segment is driven by factor such as increasing adoption of LED based troffers in hospitals globally.

On the basis of applications, the hospital lighting market is classified into patient wards & ICUs, examination rooms, surgical suites and other applications. In 2016, the patient wards & ICUs segment is expected to account for the largest share of the market. This large share can be attributed to increasing number of hospitals in emerging countries such as India and China.

The global hospital lighting market is segmented into four major regions North America, Europe, Asia, and Rest of the World. In 2016, North America is expected to account for the largest share of the market, followed by Europe. North America will continue to dominate the market in the forecast period due to ample government support and utility funding in order to promote energy efficiency projects and to support the modernization of hospital lighting industry. However, the market in Asia is expected to witness the highest CAGR, with the growth centered on China, Japan, and India.

Prominent players in this market are General Electric Company (U.S.), Acuity Brands Lighting Inc. (U.S.), Cree Inc. (U.S.), Eaton Corporation PLC (Ireland), Hubbell Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), and Zumtobel Group AG (Austria). Other players in this market include Herbert Waldmann GmbH & Co. KG (Germany), KLS Martin Group (Germany), and Trilux Lighting Ltd (U.K.).

Note: Product cover images may vary from those shown
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  • Acuity Brands Lighting Inc.
  • Cree Inc.
  • Eaton Corporation PLC
  • GE Lighting (A Fully Owned Subsidiary of General Electric Company)
  • Herbert Waldmann GmbH & Co. Kg
  • Hubbell Incorporation
  • KLS Martin Group
  • Koninklijke Philips N.V.
  • Trilux Lighting Ltd.
  • Zumtobel Group AG
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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