The latest report from Memoori estimated an $849 million global market for Human-Centric Lighting (HCL) in 2019 and predicts this to reach $3.5 billion by 2024, representing a 32.75% CAGR. While greater exposure to potential customers and reductions in the overall cost of systems will act as drivers for HCL adoption, the key factor for the growth of the emerging technology is the HCL industry’s ability to prove what it promises. “Human-Centric Lighting, as the name suggests, is lighting for humans. HCL goes beyond simply providing illumination for human environments, to manipulating the light output to trigger biological responses in humans according to the objectives of a space. HCL has demonstrated its ability to make workers more productive, to help patients heal faster, and students learn better, simply by tuning into our evolutionary link to the natural rhythms of sunlight,” explains the report: The Human Centric Lighting Market 2019 to 2024. The theory behind HCL […]