Global Human Centric Lightings Market Overview:
The global human centric lighting market size was valued at USD 1.6 Billion in 2023. The human centric lighting industry is projected to grow from USD 2.136 Billion in 2024 to USD 16.16 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 28.78% during the forecast period (2024 - 2032). The increasing awareness related to intelligent lighting solutions, growing adoption of home automation solutions, and growing demand for IoT devices in residential and commercial spaces are the key market drivers expanding the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Human Centric Lightings Market Trends
Market CAGR for human centric lighting is driven by the growing initiatives to establish smart cities. Lighting application areas are expanding from residential buildings and hospitals to office spaces. Lighting solutions are used for indoor and outdoor purposes, with the demand for innovative and energy-efficient solutions growing among end users. In a smart city or building, lighting controllers enable lighting systems to detect natural light in an area and the presence of people and accordingly determine and adjust luminosity or switch off if no person is present. Lighting controls are essential components of energy-efficient lighting systems, which combine sources of electric light with daylight to create a pleasant ambiance, save energy and cost, and aid in environmental sustainability.
Additionally, the increasing adoption of smart LED lighting solutions drives global human centric lighting revenue. The smart LED lighting solutions can connect wirelessly and transmit data and information that can reduce traffic overcrowding with the incorporation of loT. New lighting innovations and practices leading to the replacement of harmful traditional lights are becoming extremely prevalent, stimulating market growth. Due to the advent of light controls and advanced LEDs, the lighting of the infrastructure can be regulated and updated as needed, further increasing the growth potential for the market for human centric lighting.
The emergence of enhanced lighting technologies, such as LEDs, controllers, smart bulbs, and intelligent & tunable fixtures, promotes implementing smart & controllable light systems, enhancing the market share. Owing to the addition of sensors and wireless controllers, light fixtures are becoming more intelligent, allowing users to control illumination via smartphones, controller devices, and computer panels. Also, the growing demand for energy-efficient lighting systems in various sectors, such as commercial, retail, residential, hospitality, and public infrastructure, is also driving the expansion of the human centric lighting industry. LEDs and numerous tunable fixtures utilized in these systems consume less power than conventional halogen & incandescent lamps, enhancing the adoption of these systems.
Furthermore, the strong demand for engineering, consulting, and analytical services for human centric lighting among end users drives market growth. The implementation of human centric lighting systems requires services both before and after that. The key services market participants offer in the human centric lighting space are design and engineering, installation, and post-installation services. The anticipated high rate of smart lighting system adoption for energy conservation and environmental safety drives the global human centric lighting market over the forecast period.
Human Centric Lightings Market Segment Insights:
Human Centric Lightings Component Type Insights
The global human centric lighting market segmentation, based on component type, includes sensors, drivers, microprocessors & microcontrollers, switches & dimmers, and transmitters & receivers. The switches & dimmers segment dominated the market, accounting for 35% of market revenue (0.56 Billion). In developing economies, category growth is driven by various technological advances and functional advantages. Light modulation services are available through the switchable LED fixtures deployed in such systems, which allow color, brightness, and heat levels to be changed based on sunlight circumstances. However, sensors are the fastest-growing category as sensors are installed with several system parts to sense the brightness, luminosity, and color and help alter the lighting conditions.
Figure 1: Human Centric Lightings Market, by Component Type, 2022 & 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Human Centric Lightings Application Insights
The global human centric lighting market segmentation, based on application, includes healthcare, education, industrial, retail, and residential. The industrial category generated the most income (70.4%). Elevated by the restructuring of the corporate ecosystem and the worldwide introduction of employee-centered workplace conditions. However, retail is the fastest-growing category over the forecast period. Proper lighting and visibility are important in highlighting the goods and generating consumer appeal in the retail industry. In order to change the color & intensity and determine products that perfectly match standards, retailers are turning towards configurable sources of light.
Human Centric Lightings Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American human centric lighting market will dominate due to the rapid implementation of innovative loT and wireless communication technologies. The increase in urbanization and digitalization and the growing preference for energy-efficient solutions in emerging nations will boost market growth in this region. Further, the US human centric lighting market held the largest market share, and the Canadian human centric lighting market was the fastest-growing market in the European region.
Further, the prominent countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Human Centric Lightings Market SHARE BY REGION 2022 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe's human centric lighting market accounts for the second-largest market share owing to the increasing rate of the redevelopment of buildings in European countries. Further, the German human centric lightings market held the largest market share, and the UK human centric lightings market was the fastest-growing market in the European region.
The Asia-Pacific human centric lighting market is expected to grow at the fastest CAGR from 2023 to 2032. This is owing to the early adoption and fast-paced modernization of electrical systems driving the market growth in this region. Moreover, China’s human centric lighting market held the largest market share, and the Indian human centric lighting market was the fastest-growing market in the Asia-Pacific region.
Human Centric Lightings Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the human centric lighting market grow even more. Market participants are also undertaking multiple strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the human centric lighting industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global human centric lighting industry to benefit clients and increase the market sector. Major players in the human centric lightings market, including Koninklijke Philips NV (The Netherlands), Osram Licht AG (Germany), Zumtobel AG (Austria), Hubbell Inc. (US), Arcluce S.p.A. (Italy), and others, are attempting to increase market demand by investing in research and development operations.
Signify NV manufactures and markets lighting products. It offers incandescent, specialty lighting, linear and compact fluorescent, high-intensity discharge, halogen, LEDs, fluorescent, electronic ballasts and drivers. The company also provides integrated and customized lighting systems and management services, including light design, engineering, remote monitoring, and managed services. Signify markets its products under Philips, Interact, Philips Hue, Luceplan, WiZ, Color Kinetics and Modular brands. It markets products to commercial buildings, offices, hospitality, shops, industry, and outdoor environment sectors. In July 2019, Signify announced it acquired a 51% stake in Chinese LED lamp maker Klite Lighting. Before Signify, the stake was owned by Zhejiang Klite Lighting Holdings Co.
Wolfspeed Inc is a manufacturer and marketer of semiconductor components. The company offers silicon carbide and GaN materials, power devices and RF devices. Its product portfolio includes epitaxial wafers, silicon carbide bare wafers, GaN epitaxial layers, high-electron-mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors. Wolfspeed also provides GaN-based die, metal oxide semiconductor field effect transistors, silicon carbide Schottky diodes, and power modules. The company's products find application in diverse areas, including 5G, fast charging, electric vehicles, renewable energy and storage, and aerospace and defense. In March 2023, Cree Inc. launched its new human centric lighting product line called Cree Connected Lighting. The Cree Connected Lighting is a suite of human centric lighting products that can be controlled using a smartphone or tablet.
Key Companies in the Human Centric Lightings market include
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Koninklijke Philips NV (The Netherlands)
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Osram Licht AG (Germany)
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Zumtobel AG (Austria)
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Hubbell Inc. (US)
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Arcluce S.p.A. (Italy)
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Fagerhult AB (Sweden)
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Waldmann Lighting (US)
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Glamox (Norway)
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ES-SYSTEM S.A. (Poland)
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CoeLux S.r.l (Italy)
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Legrand SA (France)
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Seoul Semiconductor Co Ltd (South Korea)
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NormaGrup Technology (Spain)
Human Centric Lightings Industry Developments
January 2023: Signify Lighting NV announced the launch of its new HCL product line, the Philips Hue Go. The Philips Hue Go is a portable HCL lamp that can be used to create different lighting moods in any room.
March 2021: Glamox AS acquired LiteIP Limited, a wireless lighting controls company based in the UK. This acquisition will aid the company in strengthening its offerings within the lighting control systems industry.
December 2020: Signify and Honeywell International Inc. signed a strategic partnership to deploy smart and integrated human centric lighting solutions for commercial buildings. This helped the firms to expand their services to a mass audience.
Human Centric Lightings Market Segmentation:
Human Centric Lightings Component Type Outlook
Human Centric Lightings Application Outlook
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Healthcare
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Education
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Industrial
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Retail
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Residential
Human Centric Lightings Regional Outlook
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North America
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 1.6 Billion |
Market Size 2024 |
USD 2.136 Billion |
Market Size 2032 |
USD 16.16 Billion |
Compound Annual Growth Rate (CAGR) |
28.78% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Market Competitive Landscape, Growth Factors, Revenue Forecast, and Trends |
Segments Covered |
Component Type, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Koninklijke Philips NV (The Netherlands), Osram Licht AG (Germany), Zumtobel AG (Austria), Hubbell Inc. (US), Arcluce S.p.A. (Italy), Fagerhult AB (Sweden), Waldmann Lighting (US), Glamox (Norway), ES-SYSTEM S.A. (Poland), CoeLux S.r.l (Italy), Legrand SA (France), Seoul Semiconductor Co Ltd (South Korea) and NormaGrup Technology (Spain) |
Key Market Opportunities |
The growing adoption of LED lighting in commercial, industrial, and residential sectors |
Key Market Dynamics |
Growing installation of smart light systems in healthcare and commercial segments. |
Human Centric Lightings Market Highlights:
Frequently Asked Questions (FAQ) :
The global human centric lighting market size was valued at USD 1.6 Billion in 2023.
The global human centric lighting market market is projected to grow at a CAGR of 28.78% during the forecast period, 2024-2032.
North America had the largest share in the global human centric lighting market.
The key players in the human centric lighting market are Fagerhult AB (Sweden), Waldmann Lighting (US), Glamox (Norway), ES-SYSTEM S.A. (Poland), CoeLux S.r.l (Italy), Legrand SA (France), Seoul Semiconductor Co Ltd (South Korea) and NormaGrup Technology (Spain).
The switches & dimmers category dominated the global human centric lighting market in 2022.
The industrial had the largest share in the global human centric lighting market.