Global Circadian Rhythm Lighting Market, By Effects (Primary, Secondary), Functions (Testosterone, Cortisol, Melatonin, Growth Hormone), End-Users (Animals, Plants, Drosophila, Mammals) – Industry Trends and Forecast to 2030.
Circadian Rhythm Lighting Market Analysis and Size
One of the major factors driving the growth of the circadian rhythm lighting market is the global rapid industrialization, particularly in emerging economies. The rising prevalence of seasonal affective disorder in the population, as well as growing concern about sustainable development across all industry verticals, are driving the growth of the circadian rhythm lighting market. Technological advancements, such as the emergence of smart building technology and the high penetration of the internet of things (loT), are further influencing the circadian rhythm lighting market.
Data Bridge Market Research analyses that the circadian rhythm lighting market which was USD 261.37 million in 2022, is expected to reach USD 1123.84 million by 2030, at a CAGR of 20.0% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Circadian Rhythm Lighting Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Effects (Primary, Secondary), Functions (Testosterone, Cortisol, Melatonin, Growth Hormone), End-Users (Animals, Plants, Drosophila, Mammals)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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TRILUX GmbH & Co. KG (India), BIOS, LLC (U.S.), Glamox (U.K.), Novus Biologicals (U.S.), Halla, a.s. (South Korea), WSP (Canada), WLS Lighting Systems, Inc (U.S.), USAI Lighting, LLC (U.S.), ACUITY BRANDS LIGHTING, INC. (U.S.), Nanoleaf (Canada), Versa Technology, Inc. (U.S.), Signify Holding (India), SMARTCORE Inc. (South Korea), Light Engine Limited (Hong Kong), WalaLight (U.S.), Kenall Manufacturing (U.S.), KURTZON Lighting Inc. (U.S.)
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Market Opportunities
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Market Definition
A circadian rhythm also known as a circadian cycle, a natural, internal process that regulates the sleep-wake cycle and occurs every 24 hours. It can refer to any process that begins within an organism (endogenous) and responds to its surroundings (entrained by the environment). A circadian clock drives these 24-hour rhythms, observed in animals, plants, fungi, and cyanobacteria. The term "circadian rhythm" refers to a natural process known to control the sleep-wake cycle and repeats itself every 24 hours. The hypothalamus is the part of the brain that regulates the circadian rhythm. Circadian lighting refers to a lighting system that is specifically designed to correspond with our daily body cycle.
Global Circadian Rhythm Lighting Market Dynamics
Drivers
- Rising usage of circadian rhythm lighting
The free-running circadian period in healthy adults shows interindividual differences, indicating robust stability within individuals. Interindividual differences in circadian amplitude and circadian phase are observed, which may be due to genetic influences. For assessing interindividual differences in circadian rhythms, several standardized methods exist.
Opportunities
- New techniques in circadian rhythm lighting
Individual differences in circadian period, amplitude and phase-resetting which relate to diurnal phase preference, can be determined using cultured human fibroblasts from skin biopsies or blood samples using molecular techniques. The dim light melatonin onset and core body temperature minimum are two standard physiological estimates of circadian phase. These techniques are critical for identifying interindividual variation in circadian rhythmicity.
Restraints/Challenges
- Risks associated with circadian rhythm lighting
High costs and rising concerns about the harmful impact on eyes are expected to hamper the growth of the circadian rhythm lighting market. The availability of limited research and concerns about weight gain and impulsive behaviour as a result of prolonged use of circadian rhythm lighting are expected to challenge the circadian rhythm lighting market during the forecast period of 2023-2030.
This circadian rhythm lighting market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the circadian rhythm lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In May 2019, Signify Holding announced they had agreed to acquire two lighting companies based in the United States and Germany. The combined synergies of both companies will allow them to provide lighting solutions emphasizing animal health and growth. Their technologies aid in improving feed conversion and fattening various agricultural animals. This will significantly expand Signify's capabilities while also having a positive impact on their business application areas.
Global Circadian Rhythm Lighting Market Scope
The circadian rhythm lighting market is segmented on the basis of effects, functions and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Effects
- Primary
- Secondary
Functions
- Testosterone
- Cortisol
- Melatonin
- Growth Hormone
End-Users
- Animals
- Plants
- Drosophila
- Mammals
Circadian Rhythm Lighting Market Regional Analysis/Insights
The circadian rhythm lighting market is analyzed and market size insights and trends are provided by country, effects, functions and end-users as referenced above.
The countries covered in the circadian rhythm lighting market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the circadian rhythm lighting market owing to increased consumer awareness of the health benefits associated with circadian rhythm rhythms, as well as increased healthcare spending by companies operating in various industries such as manufacturing, retailing, and hospitality.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of the transformation of educational, healthcare and commercial facilities, infrastructure refurbishment, emphasis on providing healthy and well-illuminated building environments, and an increase in regional R&D activities.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The circadian rhythm lighting market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for circadian rhythm lighting market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the circadian rhythm lighting market. The data is available for historic period 2011-2021.
Competitive Landscape and Circadian Rhythm Lighting Market Share Analysis
The circadian rhythm lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to circadian rhythm lighting market.
Some of the major players operating in the circadian rhythm lighting market are:
- TRILUX GmbH & Co. KG (India)
- BIOS, LLC (U.S.)
- Glamox (U.K.)
- Novus Biologicals (U.S.)
- Halla, a.s. (South Korea)
- WSP (Canada)
- WLS Lighting Systems, Inc (U.S.)
- USAI Lighting, LLC (U.S.)
- ACUITY BRANDS LIGHTING, INC. (U.S.)
- Nanoleaf (Canada)
- Versa Technology, Inc. (U.S.)
- Signify Holding (India)
- SMARTCORE Inc. (South Korea)
- Light Engine Limited (Hong Kong)
- WalaLight (U.S.)
- Kenall Manufacturing (U.S.)
- KURTZON Lighting Inc. (U.S.)
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