Market Overview:
The global circadian lighting market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about the benefits of circadian lighting among consumers and healthcare professionals, and rising demand for energy-efficient lighting solutions. The global circadian lighting market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into intensity tuning, color tuning, stimulus tuning. On the basis of application,the market is segmented into healthcare, education corporate sector others).On the basisof region,.
Product Definition:
Circadian Lighting is a type of lighting that helps to regulate the body's natural sleep-wake cycle, or circadian rhythm. It can be used to improve sleep quality and help people feel more alert during the day.
Intensity Tuning:
Intensity tuning is a process of modifying the intensity of light according to the requirement. Intensity tunable LEDs are used in various applications such as medical, consumer goods, automotive and industrial. The growing demand for advanced lighting solutions that can be controlled by smartphone or computer is expected to drive market growth over the forecast period.
Color Tuning:
The color tuning is the process of modifying or adjusting the colors of light in order to improve its quality. The Circadian lighting market has been witnessing a growing demand for energy-efficient and environment-friendly lighting products. In order to meet these demands, manufacturers have been developing various technologies that can adjust or modify the color of light in various ways so as to improve its quality and make it more energy efficient. One such technology is called Color Tuning (CT).
Application Insights:
The corporate segment dominated the global circadian lighting market in 2017, accounting for over 30.0% share of the overall revenue. The growing need for improving employee productivity has driven the demand for these lights at workplace locations, which, in turn, is expected to drive product demand over the forecast period. Furthermore, increasing awareness among companies regarding their employees¢â‚¬â„¢ health and well-being is expected to further fuel industry growth during future years.
The education segment accounted for a significant share of 21.4% in 2017 owing to rising government initiatives on improving students¢â‚¬â„¢ academic performance and mental health at schools and colleges across various regions including North America and Europe Latin America Asia Pacific Middle East & Africa Oceania .
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing working hours and shift work. In addition, growing number of night workers is expected to drive the regional demand for circadian lighting solutions over the forecast period. Europe accounted for a significant share in terms of revenue due to rising adoption of technologies such as LED lighting and smart sensors that can be integrated with existing light fixtures. Moreover, presence of prominent players such as OSRAM GmbH & Co., Philips Lighting, Signify Holdings Pty Ltd., and LumiGrow LLC is also contributing towards growth in this region.
North America held a substantial share in 2017 owing to growing awareness about health benefits associated with circadian rhythm rhythms among consumers along with increased spending on healthcare by companies operating across various industries including manufacturing, retailing, hospitality etc.). Presence of major cities like New York; Los Angeles; Miami; Chicago etc.; has led these regions adopt different types or variants of light therapy for treatment against sleep disorders ( insomnia).
Growth Factors:
- Increasing awareness about the benefits of circadian lighting among consumers
- Rising demand for energy-efficient lighting solutions
- Growing popularity of LED technology
- Proliferation of smart homes and connected devices
- Emerging applications for circadian lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Circadian Lighting Market Research Report
By Type
Intensity Tuning, Color Tuning, Stimulus Tuning
By Application
Healthcare, Education, Corporate, Others
By Companies
Philips Lighting, SmartCore, Light Engine, TRILUX, CIRCADIAN ZircLight, BIOS Lighting, Glamox, Novus Biologicals, Halla, as, WLS Lighting Systems, Inc, USAI Lighting, Versa Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Circadian Lighting Market Report Segments:
The global Circadian Lighting market is segmented on the basis of:
Types
Intensity Tuning, Color Tuning, Stimulus Tuning
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Education, Corporate, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Lighting
- SmartCore
- Light Engine
- TRILUX
- CIRCADIAN ZircLight
- BIOS Lighting
- Glamox
- Novus Biologicals
- Halla, as
- WLS Lighting Systems, Inc
- USAI Lighting
- Versa Technology
Highlights of The Circadian Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Intensity Tuning
- Color Tuning
- Stimulus Tuning
- By Application:
- Healthcare
- Education
- Corporate
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Circadian Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Circadian lighting is a type of lighting that mimics the natural light of day. This type of lighting can help people feel more awake and alert, which can improve their productivity.
Some of the key players operating in the circadian lighting market are Philips Lighting, SmartCore, Light Engine, TRILUX, CIRCADIAN ZircLight, BIOS Lighting, Glamox, Novus Biologicals, Halla, as, WLS Lighting Systems, Inc, USAI Lighting, Versa Technology.
The circadian lighting market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Circadian Lighting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Circadian Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Circadian Lighting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Circadian Lighting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Circadian Lighting Market Size & Forecast, 2020-2028
4.5.1 Circadian Lighting Market Size and Y-o-Y Growth
4.5.2 Circadian Lighting Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Intensity Tuning
5.2.2 Color Tuning
5.2.3 Stimulus Tuning
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Education
6.2.3 Corporate
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Circadian Lighting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Circadian Lighting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Intensity Tuning
9.6.2 Color Tuning
9.6.3 Stimulus Tuning
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Education
9.10.3 Corporate
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Intensity Tuning
10.6.2 Color Tuning
10.6.3 Stimulus Tuning
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Education
10.10.3 Corporate
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Intensity Tuning
11.6.2 Color Tuning
11.6.3 Stimulus Tuning
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Education
11.10.3 Corporate
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Intensity Tuning
12.6.2 Color Tuning
12.6.3 Stimulus Tuning
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Education
12.10.3 Corporate
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Intensity Tuning
13.6.2 Color Tuning
13.6.3 Stimulus Tuning
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Education
13.10.3 Corporate
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Circadian Lighting Market: Competitive Dashboard
14.2 Global Circadian Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips Lighting
14.3.2 SmartCore
14.3.3 Light Engine
14.3.4 TRILUX
14.3.5 CIRCADIAN ZircLight
14.3.6 BIOS Lighting
14.3.7 Glamox
14.3.8 Novus Biologicals
14.3.9 Halla, as
14.3.10 WLS Lighting Systems, Inc
14.3.11 USAI Lighting
14.3.12 Versa Technology
