Human Centric Lighting Market Size, Share, Industry Growth, Trend, Business Opportunities
- elizabethsanchez28
- Apr 29, 2021
- 2 min read
The Global Human Centric Lighting Market report offers in-depth information and assessment of the key statistical data pertaining to the Human Centric Lighting market size, share, growth factors, key drivers, restraints, growth prospects, current and emerging trends, and other vital information. The report has been generated through deep and thorough primary and secondary research with the crucial statistical data validated and verified from industry experts, analysts, and professionals. The report contains abridged information about historical, current, and forecast estimation of each sector, segment, and region of the Global Human Centric Lighting market. The report further includes an insightful coverage of the key players of the Human Centric Lighting market along with extensive research on their business strategies and expansion plans.
Key Highlights From The Report
· In April 2019, Glamox SA acquired Luxonic Lighting PLC, a UK based lighting company. With the deal, Glamox and Luxonic will enhance their position in UK for the lighting market.
· Over the forecast period, the hardware segment is expected to hold the largest market with a CAGR of 34.4%. Hardware modules, including fixtures & controls, are achieving tremendous growth due to numerous technological advancements and functional benefits.
· The new installation segment is accounted for the largest market in the human-centric lighting market due to the elimination of electrical conduits & renovation expenses; the installation of such solutions in residential and commercial buildings entails low cost compared to retrofit projects.
· Due to the rising rate of building refurbishment in European countries, the European region is expected to dominate the market over the forecast period owing to a high level of focus on establishing secure and very well-lit building conditions.
· Key participants include Osram Licht AG, ES-System SA, Arcluce S.p.A., Koninklijke Philips NV, Fagerhult AB, Zumtobel AG, Glamox AS, Hubbell Inc., The Zumtobel Group, and Legrand SA among others.
The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Detailed Analysis of the Regions of the Human Centric Lighting Market Include Regions such as:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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