Le Lézard
Classified in: Business
Subject: MRR

Guidehouse Insights Estimates European Tunable LED Luminaire Market Will Grow at Compound Annual Growth Rate of 14% by 2030


BOULDER, Colo., Jan. 20, 2022 /PRNewswire/ -- A new report from Guidehouse Insights examines the global tunable lighting and control market for human-centric lighting (HCL) in commercial building applications, with global market estimates extending through 2030.

While much of the focus of lighting for wellness and health is placed on natural light, HCL?primarily driven by LED tunable lighting?allows occupants to mimic natural light and customize it to more closely align with the body's circadian rhythm. According to a new report from Guidehouse Insights, tunable LED luminaire revenue in Europe is estimated to grow at a compound annual growth rate (CAGR) of 14.2% by 2030. 

"The HCL market has been driven by various research and standards from Europe, making the region the leading market for health and well-being lighting," says Young Hoon Kim, senior research analyst with Guidehouse Insights. "The North American market is second in size, followed by Asia Pacific where there is good potential based on its high economic growth and dense population."

According to the report, HCL market growth is supported not only by guidelines, but also by certifications, such as the WELL Building Standard and UL safety and performance standards. The market is also experiencing substantial demand growth due to healthcare facilities, schools, and commercial offices focused on promoting the well-being of building occupants.

The report, Lighting for Healthy Buildings, analyzes the global tunable lighting and control market for HCL in commercial building applications: technology and industry trends and technical advancements. Global market estimates, broken down by segment and region, extend through 2030. An executive summary of the report is available for free download on the Guidehouse Insights website.

About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

About Guidehouse
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 12,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.

* The information contained in this press release concerning the report, Lighting for Healthy Buildings, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

For more information, contact:

Jennifer Peacock
+1.404.575.3859
[email protected]

SOURCE Guidehouse Insights


These press releases may also interest you

at 22:41
Today, Fantastic Sams Franchise Corporation announced a new partnership with Development Agent, Jaine Cantu. This partnership will contribute to the enterprising expansion initiative that Fantastic Sams Franchise Corporation is undertaking in 2022....

at 22:29
Votorantim Cimentos International S.A. ("VCI"), a direct, wholly-owned subsidiary of Votorantim Cimentos S.A. ("VCSA"), is announcing today the early tender results in connection with its previously announced tender offer for cash (the "Tender...

at 22:28
PingPong Payments, one of the world's leading end-to-end payment solutions for global cross-border businesses, has entered into a partnership agreement for acquiring services with BNP Paribas, the largest European bank. PingPong Payments is the first...

at 22:13
Indonesia and the U.N. Office for Disaster Risk Reduction (UNDRR) host the Seventh Session of the Global Platform for Disaster Risk Reduction (GP2022) in Bali, Indonesia, from 23 to 28 May 2022 as informed by Ministry of Communications and...

at 20:55
TSX VENTURE COMPANIES FRONTLINE GOLD CORPORATION ("FGC")BULLETIN TYPE:  Reinstated for TradingBULLETIN DATE:  May 26, 2022TSX Venture Tier 2 Company Further to the TSX Venture Exchange Bulletin dated May 9, 2022, the Exchange has been advised that...

at 20:30
Fountain Asset Corp. ("Fountain" or the "Company") would like to announce its financial results for the three months ended March 31, 2022 ("Q1/22"). Highlights from Q1/22: Adjusted net asset value ("ANAV") of $22.42 million ($0.36 per share) at...



News published on 20 january 2022 at 05:15 and distributed by: