Press release

The Global Market for Human-Centric Lighting will be Worth $849m in 2019, Forecasts Memoori Research

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Sponsored by Businesswire

Human-Centric Lighting (HCL) goes beyond simply providing illumination
for the built environment. It seeks to realign humans with our natural
rhythms by mimicking the progression of sunlight throughout the day.
Thereby triggering biological responses that make workers more
productive, help patients heal faster and even enhance student learning.

Our new
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
market over the next 5 years. We explore who the key players are and the
opportunities for startups, as well as the regional differences in this
rapidly emerging market.

A global market worth $849m USD in 2019 has developed around this
technology and we expect it to reach $3.5 billion by 2024, a 32.75% CAGR
over the 5 years. Europe is leading the way in Human-Centric Lighting
with a $395m market that currently represents 46% of global revenue.

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.

HCL is an inevitable reality for the future of lighting. 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.

About the Report

At ONLY $1,995 USD for a single user license, this report
filters out all the important conclusions, supported by facts, to
demonstrate what is shaping the future of the commercial lighting
business. For more information, visit https://memoori.com/portfolio/the-human-centric-lighting-market-2019-to-2024

About Memoori

Memoori is an independent research organization offering advice on
technology in smart buildings to companies across the value chain. For
more information, visit https://www.memoori.com