Europe Human Centric Lighting Market Size, Share & Trends Analysis Report By Installation Type (New Installations, and Retrofit Installations), By Offering, By Controllers Type, By Application, By Country and Growth Forecast, 2023 - 2030

Analysis of Market Size & Trends

The Europe Human Centric Lighting Market would witness market growth of 28.3% CAGR during the forecast period (2023-2030).

Healthcare facilities are embracing HCL to enhance patient outcomes and create healing environments. Dynamic lighting is tailored to support patients' sleep-wake cycles, improving recovery rates and overall well-being. Educational institutions are recognizing the role of lighting in fostering optimal learning conditions, with HCL being integrated to create stimulating environments for students and educators alike.

Furthermore, in residential spaces, HCL is transforming the way individuals experience their homes. From circadian lighting in bedrooms to dynamic lighting in living spaces that adapt to various activities, homeowners embrace HCL to create personalized and health-conscious environments. As the applications of HCL continue to expand, the market is witnessing a transformative influence on diverse aspects of daily life.

According to the data from Eurostat, there were 30.1 million businesses in the EU in 2021, which employed 155 million people. 99% (29.9 million) of that total were micro and small businesses. In 2021, the industry sector had 8% (2.4 million) of the total enterprises, generating over one-third of the turnover (€10.4 trillion, 34%). With 23.3 million employees, the 2,31,521 medium-sized businesses (50–249 employees) comprised 0.8% of all businesses. Large businesses employed more than a third of the commercial labor force (56 million, or 36%) despite making up just 0.2% of all businesses. Therefore, rising enterprises sector in Europe will boost the demand for these solutions in the region.

The Germany market dominated the Europe Human Centric Lighting Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $909.6 million by 2030. The UK market is exhibiting a CAGR of 27.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 29.3% during (2023 - 2030).

Free Valuable Insights: The Global Human Centric Lighting Market will Hit $12.4 Billion by 2030, at a CAGR of 29.2%

Based on Installation Type, the market is segmented into New Installations, and Retrofit Installations. Based on Offering, the market is segmented into Hardware (Fixtures, Controllers), Software, and Services. Based on Controllers Type, the market is segmented into Sensors, Drivers, Microprocessors & Microcontrollers, Switches & Dimmers, Transmitters & Receivers. Based on Application, the market is segmented into Healthcare, Enterprises, Residential, Industrial, Education, Hospitality, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Signify N.V.
• ams-OSRAM AG
• Acuity Brands, Inc.
• Cree, Inc. (SMART Global Holdings, Inc.)
• Legrand S.A. (Legrand Group)
• Hubbell Incorporated
• Lutron Electronics Co., Inc.
• Zumtobel Group AG
• Koninklijke Philips N.V.
• Wipro Limited

Europe Human Centric Lighting Market Report Segmentation

By Installation Type

• New Installations
• Retrofit Installations

By Offering

• Hardware
  • Fixtures
  • Controllers
    • Sensors
    • Drivers
    • Microprocessors & Microcontrollers
    • Switches & Dimmers
    • Transmitters & Receivers
  • Software
  • Services

By Application

• Healthcare
• Enterprises
• Residential
• Industrial
• Education
• Hospitality
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe