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Global Daylight Harvesting Market Size, Trends & Analysis - Forecasts to 2026 By Loop System (Closed Loop, Open Loop, Partial Open Loop), By Component (Sensors, Control Module, Diminishers), By End Use (Commercial, Residential), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End-User Landscape and Company Market Share Analysis & Competitor Analysis
With commercial and residential buildings being responsible for up to 24 per cent of the total greenhouse gas (GHG) emissions and account for over 40 per cent of the world’s total primary electricity use, the use of natural lights has become an important strategy to improve lighting, heating, and cooling loads. The anticipation that the global landscape is likely to be confronted with energy shortage and unfavourable climate changes in the near future has highlighted the need to shift to renewable sources such as solar energy for clean and sustainable energy. Although daylight systems have high growth and adoption, the penetration remains limited to developed countries such as the US and Europe.
Daylight harvesting systems use the ‘daylight to offset the amount of electric lighting needed to properly light up a space’, thereby reducing energy consumption. This is accomplished by using lighting control systems that are able to dim or switch electric lighting in response to changing daylight availability. Daylight Harvesting has become a standard name in the fields of lighting, active daylighting activities and sustainable architecture. The daylight harvesting systems are typically designed to maintain a minimum recommended light level. This level of light will differ according to the needs and use of the space. For instance, the commonly recommended light level for offices is 500 Lux on the desktop. The global daylight harvesting market is expected to grow at 6 per cent CAGR during 2019 and 2026.
Daylight Harvesting Market: Insights
The global daylight harvesting market is estimated to witness a significant CAGR during the forecast period (2019-2026). Growing demand of daylight harvesting in the commercial sector is one of the major factors driving the market growth during the forecast period. Daylight harvesting is a simplest way to save energy consumed by lighting system. Moreover, artificial lighting accounts for approximately 17% of the electricity used in a commercial building and can be even higher based on its usage.
Daylight Harvesting Market: By Loop System
On the basis of loop system, the global daylight harvesting market is segmented into closed loop, partial open loop, and open loop. The report contains quantitative insights about the following:
Daylight Harvesting Market: By Component
On the basis of component, the global daylight harvesting market is segmented into sensors, control module, and diminishers. The report contains quantitative insights about the following:
Daylight Harvesting Market: By End Use
On the basis of end-use, the global daylight harvesting market is segmented into commercial, and, residential. The report contains quantitative insights about the following:
Daylight Harvesting Market: By Region
On the basis of region, the global daylight harvesting market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. The countries covered include: U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE, and South Africa among others. The report provides qualitative & quantitative insights both at a regional as well as country level.
Daylight Harvesting Market: End User Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase daylight harvesting. The key end-users of the markets are 75F, and FBI among others.
Daylight Harvesting Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Daylight Harvesting Market: Share & Competitor Analysis
Some of the key players operating in the daylight harvesting market are Fast-Vac, Hubbell, Industrial Led Solutions, Acuity Brands, Velux, Light Louver, TLC Integrations Systems, Daylight Company, Net led Lighting, Lambdares, Seoul Semicon, Schreder, Lutron, American Energy Care, FastCompany, Solatube, Magnasmart, Arclite, Merrytek, Helvar, Auraenergy, Parans, Deltalight, Kanzlersolar, Iesve, Nordmet, Gimptechno, Lutron, and Eaton among others.
Please note: This is not an exhaustive list of companies profiled in the report.
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The global Daylight Harvesting Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Daylight Harvesting Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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