As per the research report, the size of the European Lightning Market is valued at USD 2.17 billion and is projected to reach 2.96 billion USD by 2028, growing at a CAGR of 6.4% during the forecast period 2023 to 2028.
Increasing the use of LED-based lighting fixtures, government initiatives to improve energy efficiency in hospitals, and the advantages of LED over conventional lighting would likely accelerate the growth of the Europe hospital lighting market. Furthermore, the growing demand for green technologies is expected to fuel LED technology development in the hospital lighting market. LEDs have a longer life, improved efficiency, are eco-friendly, durable, and produce more dispersed light than traditional lighting systems.
Furthermore, advancements in lighting solutions are projected to bolster the hospital lighting market's growth. Growing improvements in lighting technology, on the other hand, will enhance different opportunities, resulting in the development of the hospital lighting market throughout the forecast period. The lights provide improved shaded delivery, which is beneficial to patients and staff in medical settings. In addition, the LED lights provide a darkening aspect, which aids in creating ambient lighting for improved comfort and restful brightness, evoking strong attention on the lookout.
Furthermore, the growing number of regulatory standards relating to energy efficiency and routine examinations in medical offices has sparked an interest in LED lighting. Surgical lamps, troffers, wraparounds, and surface-mounted lights are just a few lighting options available in hospitals. Incandescent, emitting diodes, and fluorescent are the many technologies quickly used in all of these products, bolstering the hospital lighting market's expansion. In addition, the widespread implementation of innovative technologies, such as robust, intelligent systems, IoT, real-time illumination monitoring, and technological improvement in linked lighting, is credited with the market's rise.
The cost of installing hospital infrastructure lighting is higher, and new lighting has a longer life span, which are the main restrictions for the market. In addition, the manufacturing sector and distribution and supply chains in major European countries were impacted during the half-year of 2020 due to country border closures.
This research report on the Europe Hospital Lighting Market has been segmented and sub-segmented into the following categories.
By Technology:
By Application:
By Product:
By Country:
Geographically, the European countries remain cold all year and receive less sunlight, affecting human health and necessitating the development of human-centric lighting solutions. To support the visual health of the occupants, these natural lighting circumstances force the commercial and healthcare sectors to employ body dynamic light solutions.
The U.K Hospital Lighting Market is expected to reach significant growth due to multiple big competitors and strong consumer awareness; Europe is seeing a variety of research and product development efforts. In addition, Europe is another important market for these products, as it is home to numerous big manufacturers in the hospital lighting business.
The France Hospital Lighting Market is projected to reach a decent CAGR due to the increased government spending on various healthcare facilities in multiple nations is another driver supporting the market's rise.
The Germany Hospital Lighting Market is predicted to increase due to the increased investment in troffers lights and the significant quantity of capital funding received in surgical suites in emerging economies, contributing to the market's growth.
KEY MARKET PLAYERS:
Key players dominating the Europe Hospital Lighting Market in this report are General Electric Company, Eaton Corporation PLC, Cree Inc., Herbert Waldmann GmbH & Co. KG, Trilux GmbH & Co. Kg, Zumtobel Group AG, and KLS Martin GmbH + Co. KG, Koninklijke Philips N.V., Hill-Rom Holdings Inc. and Acuity Brands.,
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