Global Human Centric Lighting Market - Analysis and Forecast, 2018-2024 - Energy Watch News


Global Human Centric Lighting Market – Analysis and Forecast, 2018-2024

The evolution of smart technology has considerably changed the overall lighting industry in terms of energy and money saving and has improved the safety norms for the convenience of the users. Human Centric Lighting (HCL) is a lighting solution intended to improve a person’s well-being, mood, and health by varying the Correlated Color Temperature (CCT). According to a new market intelligence report by BIS Research, titled, the Human Centric Lighting market was estimated $445.9 million in 2017 and is anticipated to reach $3.91 billion by 2024 growing at a CAGR of 35.2% during the forecast period. Some of the factors driving the growth of Human Centric Lighting (HCL) solutions in the global market are increasing benefits of human centric lighting, joint efforts from regulatory bodies, manufacturers and distributors, and increased adoption of solid state lighting. https://bisresearch.com/industry-report/global-human-centric-lighting-market-2024.html

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