[English Market Research Report] Global Market for Human-Centric Lighting
Product ID: 1458096 Publisher: SkyQuest
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The global market size for human-centric lighting was valued at 1.59 billion USD in 2022, and it is projected to grow from 2.01 billion USD in 2023 to 13.04 billion USD by 2031, with a CAGR of 26.34% during the forecast period (2024-2031). The human-centric lighting market is expected to experience significant expansion, driven by advancements in wireless communication technology for smart lighting systems, a surge in smart city initiatives, and the proliferation of IoT technology for ambient lighting. According to forecasts from the U.S. Department of Energy, the cost of warm white LED bulbs in the U.S. is expected to drop significantly from 1.7 USD to 0.3 USD per kilolumen by 2025. Globally, the demand for LEDs is driven by their low energy consumption and positive environmental impact, as lighting accounts for approximately 6% of global CO2 emissions.
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Publication Date: March 24, 2024 Publisher: SkyQuest Page Information: English 197 Pages Table of Contents Executive Summary Research Methodology Analysis of Parent Market Key Market Insights Market Dynamics and Outlook Global Market for Human-Centric Lighting: By Type Global Market for Human-Centric Lighting: By Application Global Market Size for Human-Centric Lighting: By Region Competitive Landscape Key Company Profiles *The table of contents and prices for this report are as of the time of publication. Please contact us for the latest information.*
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Market research reports are informational documents systematically describing market size and trends, based on investigations and analyses of market and technological trends conducted by overseas research publishing companies. In addition to quantitative data such as market trend analysis and future forecasts, they also include details about the strategies of various companies and profiles of entering firms, which our customers utilize as part of their research on overseas markets and new technologies.
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