Latest News- Circadian Lighting Market: Intensity tuning is expected to lead the Type segment during 2025-2029

The Circadian Lighting Market is being driven by Application in automotive industry

The Circadian Lighting Market is expected to grow at a CAGR of 15.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 730.4 million. The global circadian lighting market is experiencing substantial growth, fueled by increasing awareness of its advantages in diverse sectors, most notably in elderly care. Notably, a consortium of six international partners, including companies from Switzerland, Poland, and Denmark, and a Danish nursing home, collectively invested USD9.4 million in June 2022 to advance personalized and adaptable circadian lighting solutions. This project, currently underway in a Danish nursing home, is demonstrating potential benefits for both residents and staff. By collaborating to enhance lighting conditions in European nursing homes, these partners aim to optimize the health and well-being of elderly populations. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Intensity tuning
  • Color tuning
  • Stimulus tuning
• End-user
  • Commercial
  • Others
• Geography
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Application in automotive industry
• High prevalence of mental health issues
• High prevalence of sleep disorders

However, the market also witnesses some limitations, which are as follows:

• Competition from alternatives
• High cost of circadian lighting
• Integration challenges

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Market Scope in Circadian Lighting Market Research Report

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Research Analysis Overview

The Circadian Rhythm Lighting market encompasses innovative lighting solutions designed to align with the natural Circadian Cycle and Sleep-Wake Cycle, addressing conditions like Seasonal Affective Disorder. Smart Building Technology and IoT integration enable Intensity Tuning, Color Tuning, and Stimulus Tuning based on the Circadian Clock, located in the Hypothalamus. Natural daylight and artificial light with adjustable Light Intensity and Color Temperature promote healthy Sleep-wake cycles. This techno-biological approach benefits various sectors, including Healthcare (Hospitals), Smart Home Systems, and Commercial Spaces, enhancing Energy Efficiency, Health and Wellness, and Therapeutic Features. LED Technology plays a pivotal role in these novel lighting solutions.

Market Research Overview

The Circadian Rhythm Lighting market is a segment of the larger global electrical components and equipment market. This market caters to companies specializing in the production of lighting solutions designed to mimic natural light and support the human circadian cycle. Technavio's market analysis encompasses manufacturers of sensors, meters, and indicators, recorders and loggers, and smart building technology, including Internet of Things (IoT) applications. These solutions aim to address conditions like Seasonal Affective Disorder (SAD) and improve sleep-wake cycles. The electrical components and equipment market size is determined by the combined revenue generated from manufacturers of various products, including automation solutions, electrical distribution and protection equipment, HVAC, and safety components, as well as those offering rental and leasing services to industrial, commercial, and residential clients.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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