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Understanding How the Human Centric Lighting Market is Segmented

Lighting plays a significant role in the lives of people, it has the potential to bring about positive changes in people’s behaviour. In the year 1989, a research was carried out and it proved that natural daylight can trigger the production of melatonin and serotonin, two of the most important hormones in the human body. These two hormones are responsible for inducing peaceful sleep and happiness in people. This led to the research and development in the field of human centric lighting (HCL). According to a report published by the BIS Research, the HCL market is expected to grow at a CAGR of 37.2% and 35.2% both in terms of volume and value during the forecast period (2018 – 2024). The HCL is segmented by the component, end-user and by region.

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The human centric lighting market can be further segmented by component, type, end-users, and region. The components or the controls are further segmented as microprocessors & microcontrollers, drivers, switches and dimmers, sensors, and transmitters and receivers, among others. In terms of end-user, these can be segregated as residential, hospitality, office, hospitals or healthcare, and education among others. Lastly, by the basis of region, the classification is as follows North America, Europe, Asia – Pacific along with Rest of the World.

HCL solutions are designed in such a way that it can mimic the effects and illuminance of natural light and the design is based on tunable fixture through which one can control the intensity of the light, its color and the temperature. The fixtures of HCL are equipped with dimmers and switches, microcontrollers and microprocessors, sensors, transmitters and receivers, and drivers, among others. As HCL solutions gain more and more acceptance and as the demand for them increases the requirement for its components will also increase. Thus, expanding the entire electronics and semiconductor industry.

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