Asia Pacific Hospital Lighting Market Research Report - Segmented By Technology, Application, Product & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis, Size, Share, Growth, Trends, & Forecasts (2022 to 2027)
As per the research report, the size of the Asia Pacific Hospital Lighting Market was valued at a CAGR of 5.90% to approximately USD 1.82 billion by 2027, from the 2022’s value of USD 1.37 billion. The hospital lighting market in the Asia Pacific is expected to have a stable outlook for the near future owing to the increasing urbanization and investment in healthcare by the governments for the provision of proper healthcare facilities, particularly in the developing countries.
Growing innovations in the lighting products as per the raising needs in the healthcare industry is majorly attributing the demand of the Asia Pacific hospital lighting market. Major companies are expanding their market share by developing the contract-based lighting. Increasing adoption of Latest LED technology in the market further accelerating the market growth.
High maintenance cost and low-quality products are the majorly impeding the growth rate of the market to some extent.
This research report on the Asia Pacific Hospital Lighting Market has been segmented and sub-segmented into the following categories:
By Technology:
- Renewable Energy
- LED
- Fluorescent lights
By Application:
- Surgical Suites
- Patient wards & ICUs
- Examination Rooms
By Product:
- Surface Lamps
- Troffers
- Surgical Lamps
By Country:
- India
- China
- Japan
- South Korea
- Australia
- New Zealand
- Thailand
- Malaysia
- Vietnam
- Philippines
- Indonesia
- Singapore
- Rest of APAC
Regional Analysis
Within the Asia Pacific, Chinese hospital lighting market is the dominating region in the Asia Pacific market. China electric industry provides raw material to biotechnology to manufacture lightning products for hospitals. Recently meteorological Department of China completed lighting protection detection of oxygen station in Huoshenshan & Leishenshan hospitals. Lighting protection enhances early warning capacities & security of medical workers & patients.
In India, Hospital Lighting contributes to improving patient outcomes and facility safety. Bright LED Lightening in hospitals elevates depressed patient mood. India surges unique lighting demand for medical devices such as MRI, CT scan in the healthcare sector. The Indian-based hospital lighting companies such as CANARA Lightening, Jaisons Electronics are dominating the Indian hospital lightening market.
Japan enhance the LED lighting to the care environment to reduce the energy and improve operational efficiency. Japanese manufacturers provide high designer lighting products & devices to hospitals. Research & Development innovate the wireless lighting to healthcare sector, which is estimated to outshine the demand levels of hospital lighting market in Japan.
The Top companies leading in the APAC Hospital Lighting Market profiled in the report are General Electric Company, Eaton Corporation PLC, Cree Inc., Zumtobel Group AG, KLS Martin GmbH + Co. KG, Koninklijke Philips N.V., Herbert Waldmann GmbH & Co. KG, Trilux GmbH & Co. Kg, Hill-Rom Holdings Inc. and Acuity Brands.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Technology
5.1.1 Introduction
5.1.2 Renewable Energy
5.1.3 LED
5.1.4 Flourescent Lights
5.1.5 Y-o-Y Growth Analysis, By Technology
5.1.6 Market Attractiveness Analysis, By Technology
5.1.7 Market Share Analysis, By Technology
5.2 Application
5.2.1 Introduction
5.2.2 Surgical Suites
5.2.3 Patient wards & ICUs
5.2.4 Examination Rooms
5.2.5 Y-o-Y Growth Analysis, By Application
5.2.6 Market Attractiveness Analysis, By Application
5.2.7 Market Share Analysis, By Application
5.3 Product
5.3.1 Introduction
5.3.2 Surface Lamps
5.3.3 Troffers
5.3.4 Surgical Lamps
5.3.5 Y-o-Y Growth Analysis, By Product
5.3.6 Market Attractiveness Analysis, By Product
5.3.7 Market Share Analysis, By Product
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Technology
6.1.3.3 By Application
6.1.3.4 By Product
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Technology
6.1.4.3 By Application
6.1.4.4 By Product
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Technology
6.1.5.3 By Application
6.1.5.4 By Product
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 General Electric Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Eaton Corporation PLC
8.3 Cree Inc.
8.4 Zumtobel Group AG
8.5 KLS Martin GmbH + Co. KG
8.6 Koninklijke Philips N.V.
8.7 Herbert Waldmann GmbH & Co. KG
8.8 Trilux GmbH & Co. Kg
8.9 Hill-Rom Holdings Inc.
8.10 Acuity Brands
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
- Asia Pacific Hospital Lights Market By Technology, From 2022 - 2027 ( USD Billion )
- Asia Pacific Renewable Energy Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific LED Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Fluorescent Lights Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Hospital Lights Market By Application, From 2022 - 2027 ( USD Billion )
- Asia Pacific Surgical Suites Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Patient wards & ICUs Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Examination Rooms Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Hospital Lights Market By Product, From 2022 - 2027 ( USD Billion )
- Asia Pacific Surface Lamps Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Troffers Market By Region, From 2022 - 2027 ( USD Billion )
- Asia Pacific Surgical Lamps Market By Region, From 2022 - 2027 ( USD Billion )
- Japan Hospital Lights Market By Technology, From 2022 - 2027 ( USD Billion )
- Japan Hospital Lights Market By Application, From 2022 - 2027 ( USD Billion )
- Japan Hospital Lights Market By Product, From 2022 - 2027 ( USD Billion )
- China Hospital Lights Market By Technology, From 2022 - 2027 ( USD Billion )
- China Hospital Lights Market By Application, From 2022 - 2027 ( USD Billion )
- China Hospital Lights Market By Product, From 2022 - 2027 ( USD Billion )
- India Hospital Lights Market By Technology, From 2022 - 2027 ( USD Billion )
- India Hospital Lights Market By Application, From 2022 - 2027 ( USD Billion )
- India Hospital Lights Market By Product, From 2022 - 2027 ( USD Billion )
- Australia Hospital Lights Market By Technology, From 2022 - 2027 ( USD Billion )
- Australia Hospital Lights Market By Application, From 2022 - 2027 ( USD Billion )
- Australia Hospital Lights Market By Product, From 2022 - 2027 ( USD Billion )
- South Korea Hospital Lights Market By Technology, From 2022 - 2027 ( USD Billion )
- South Korea Hospital Lights Market By Application, From 2022 - 2027 ( USD Billion )
- South Korea Hospital Lights Market By Product, From 2022 - 2027 ( USD Billion )
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