According to the research report titled ‘North America Human Centric Lighting Market Forecast 2027 By Installation Type, By Solution, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America human-centric lighting market size is expected to be worth USD 1 billion in valuation by 2027.

Growing demand for home automation to boost standards of living, work productivity as well as facilitates better management, increasing integration of IoT devices and smart sensors in homes, and widespread adoption of wireless communication technologies are the key factors driving the growth of the North America human centric lighting market.

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During the COVID-19 outbreak, people spent the maximum of their time indoors, thereby facilitating product penetration. Additionally, technological breakthroughs in this business space will drive North America human centric lighting market expansion.

Based on the solution type, the market is fragmented in terms of hardware, software, and services. Among these, the hardware segment is expected to grow exponentially through the forecast timeline, owing to technological developments, visual benefits as well as, rapid development of smart cities.

Moving on to application scope, the market is categorized into institutional, residential, healthcare, industrial, and commercial. Out of these, the institutional segment is expected to gather high momentum by 2027, on account of high concentration of educational facilities in the region and as the ability of the product to provide students with a sense of wellness and comfort.

Meanwhile, North America human centric lighting industry size from healthcare segment is projected to witness stellar growth over the forecast timeline, primarily attributed to the rising concern of providing patients and healthcare personnel with healthy and well-lit hospital environments to enhance patient outcomes and speed rehabilitation.

Regionally, the human centric lighting market share in the United States and Canada is expected to expand substantially over the forecast time spell, due to the growing demand for intelligent commercial and residential buildings as well as the product’s ability to generate human body-specific healthful and illumination settings.

The prominent vendors operating in North America  human centric lighting industry include Controlled Lighting Corp., Glamox AS, Helvar Oy Ab, Hubbell Incorporated, Legrand, Lumileds Holding B.V., Lutron Electronics Co. Inc., Regiolux GmbH, Signify N.V., Wipro Lighting, General Electric Company, Healthe Inc., Herbert Waldmann GmbH & Co. KG, Ledmotive Technologies SL, Lextar Electronics Corporation, Lumitech Lighting Solution GmbH, OSRAM Licht AG, SG Armaturen AS, Trilux GmbH & Co. KG, and Zumtobel Group AG.