The growing adoption of IoT-enabled lighting solutions and the rising use of smart LED lighting systems for wireless connectivity is driving the demand for the market.

The global Human Centric Lighting Market is forecasted to be worth USD 7,641.9 Million by 2027, according to a current analysis by Emergen Research. The growing smart LED lighting adoption in the retail, commercial, and residential sectors is forecasted to propel the human-centric lighting market during the forecast period. Several companies’ strategy to make more of their goods human-centered, adapting to the specific needs of human sociology and psychology, is another key driver for the progress of the human-centric lighting industry. As per Accenture plc, companies need to move from a product-focused strategy towards a human-centric approach to build smart home solutions; this technique can also be applied for all other industries. 

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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.

Emergen Research has segmented the global Human Centric Lighting Market on the basis of type, installation, end-use, and region:

• Type Outlook (Revenue, USD Million; 2017-2027)
• Software
• Hardware

• Installation Outlook (Revenue, USD Million; 2017-2027)
• Retrofit
• New

• End-Use Outlook (Revenue, USD Million; 2017-2027)
• Residential
• Industrial
• Retail
• Healthcare
• Education
• Commercial

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Regional Outlook (Revenue, USD Million; 2017-2027)

• North America

1. U.S.
2. Canada
3. Mexico

• Europe

1. Germany
2. UK
3. France
4. BENELUX
5. Rest of Europe

• Asia Pacific

1. China
2. Japan
3. South Korea
4. India
5. Rest of APAC

• Latin America

1. Brazil
2. Rest of LATAM

• MEA

1. Saudi Arabia
2. UAE
3. Rest of MEA

Radical Highlights of the Human Centric Lighting Market Report:

• Comprehensive overview of the Human Centric Lighting market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Human Centric Lighting market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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