Global Human-Centric Lighting Market 2021-2025

Global Human-Centric Lighting Market 2021-2025

The publisher has been monitoring the human-centric lighting market and it is poised to grow by $ 7.35 bn during 2021-2025 progressing at a CAGR of 32% during the forecast period. The report on human-centric lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in number of residential buildings and increasing adoption of energy-efficient lighting. In addition, increase in number of residential buildings is anticipated to boost the growth of the market as well.

The human-centric lighting market analysis includes end-user segment and geographical landscapes.

The human-centric lighting market is segmented as below:

By End-user

• Residential
• Commercial

By Geographical Landscapes

• Europe
• North America
• APAC
• South America
• MEA

This study identifies the introduction of IoT and smart technology as one of the prime reasons driving the human-centric lighting market growth during the next few years.

The report on human-centric lighting market covers the following areas:

• Human-centric lighting market sizing
• Human-centric lighting market forecast
• Human-centric lighting market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading human-centric lighting market vendors that include Controlled Lighting Corp., Glamox Group, Legrand SA, Lextar Electronics Corp., Lumileds Holding BV, Lutron Electronics Co. Inc., OSRAM GmbH, Signify NV, TRILUX GmbH & Co. KG, and Wipro Lighting. Also, the human-centric lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.