$ 7.35 Billion Growth in Global Human-Centric Lighting Market 2021-2025 | Featuring Major Vendors Including Controlled Lighting Corp., Glamox Group, and Legrand SA among others | Technavio

NEW YORK, March 29, 2021 /PRNewswire/ --

The human-centric lighting market is expected to grow by USD 7.35 bn during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the human-centric lighting market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases.

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The human-centric lighting market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Related Report on Industrials Include:
Global Lighting Market - Global lighting market is segmented by type (LED technology and Traditional technology), geography (APAC, Europe, North America, South America, and MEA), and application (General lighting, Automotive lighting, and Backlighting). 

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Global Street Lighting Market - Global street lighting market is segmented by Technology (LED and Traditional) and Geography (APAC, North America, Europe, South America, and MEA). 

Get an Exclusive Free Sample Report

Major Three Human-Centric Lighting Market Participants:
Controlled Lighting Corp.
Controlled Lighting Corp. operates its business through the Unified segment. The company offers human-centric lighting that has been researched and designed to improve sleep regularity, alertness, mood, visual acuity and productivity.

Glamox Group
Glamox Group operates its business through segments such as Professional Building Solutions (PBS) and Global Marine & Offshore. The company offers human-centric lighting which has extensive experience in tailoring HCL solutions across various industries.

Legrand SA
Legrand SA operates its business through segments such as France, Italy, Rest of Europe, North and Central America, and Rest of the World. The company offers human-centric lighting under the brand name Wattstopper which combines digital lighting control excellence with industry-leading tunable white technology, enabling new lighting experiences.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a free sample report here to get detailed market share analysis of market participants during COVID-19 lockdown:

https://www.technavio.com/report/human-centric-lighting-market-industry-analysis

Human-Centric Lighting Market 2021-2025: Segmentation
Human-centric lighting market is segmented as below:

• End-user
• Residential
• Commercial
• Geography
• Europe
• North America
• APAC
• South America
• MEA

The human-centric lighting market is driven by an increase in the number of residential buildings. In addition, other factors such as the introduction of IoT and smart technology are expected to trigger the human-centric lighting market toward witnessing a CAGR of almost 32% during the forecast period.

Get more insights about the global trends impacting the future of the human-centric lighting market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR70342

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report: www.technavio.com/report/human-centric-lighting-market-industry-analysis

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