The Global Market for Human-Centric Lighting Will be Worth US$849m in 2019
June 12, 2019
HCL is an inevitable reality for the future of lighting, according to a new market report by Memoori. Results of ongoing and future HCL pilots and installations will continue to demonstrate the benefits of the technology and highlight the negative health and productivity impacts of non-HCL solutions. It may take some time but as the cost of tunable lighting comes down, the lure of health and productivity benefits will make HCL a standard feature in lighting for all kinds of buildings. HCL is just one part of a human-centric revolution in our built environment.
The report, [IT]The Human Centric Lighting Market 2019 to 2024: Global Market Prospects, Impacts & Opportunities[IT], shows human-centric lighting developments are not occurring independently of shifts in lighting in general, nor of wider building trends. In fact, HCL could be said to be part of a wider human-centric movement sweeping across almost every building system.
Europe leads the way in human-centric lighting with a US$395 million market that represents 46% of global revenue, followed by North America with US$238.3 million or 28% of total revenues, and the Asia Pacific region with US$181.7 million or 21% share of this rapidly growing space.
Human-Centric Lighting (HCL) goes beyond simply providing illumination for the built environment, says the report. It manipulates the light output, triggering biological responses in humans according to the objectives of the environment. HCL has demonstrated its ability to make workers more productive, to help patients heal faster, and enhance student learning, simply by tuning into our evolutionary link to the natural rhythms of sunlight.
The Memoori report is a comprehensive guide to the human-centric lighting industry, from the science and technology, to potential applications, drivers and barriers, as well as a detailed exploration of the global HCL market over the next 5 years. It explores who the key players are and the opportunities for startups, as well as the regional differences in this rapidly emerging market.
Human-centric lighting developments are not occurring independently of shifts in lighting in general, nor of wider building trends. In fact, HCL is part of a wider human-centric movement sweeping across almost every building system. This movement has been facilitated by technological advancements in sensing and connectivity, as well as the rise of big data processing and data analytics.
