According to
the new market research report "Cleanroom
Lighting Market by Light Source (LED and Fluorescent), Offering (Hardware, Software,
and Services), End User (Healthcare & Life Sciences, Industrial
Manufacturing, Food & Beverages), Mounting Type, and Geography - Global
Forecast to 2024", published by MarketsandMarkets™, the Cleanroom
Lighting Market is projected to reach USD 978 million
by 2024 from USD 742 million in 2019, at the
highest CAGR of 5.7%.
Major
drivers for the market's growth are a rise in the need for a controlled
environment with extremely low levels of pollutants in manufacturing
industries, and to prevent contamination of products due to the stringent
regulations in healthcare & food processing industries.
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Brochure:
Services
offering for cleanroom lighting to grow at higher CAGR during the forecast
period
Services
play a crucial role before and after the installation of lighting systems. The
cleanroom lighting services have been broadly classified into pre-installation
and post-installation services. The market for services is growing at a high
rate owing to the rising demand for the installation of lighting systems for
various applications. The pre-installation services pertaining to cleanroom
lighting include the design and installation of lighting fixtures. An effective
pre-installation refers to setting up a lighting system with minimum energy
requirements, and it has proven to be a cost-effective solution. The designing
phase of the lighting system involves the analysis of the application area and
surrounding for which the system is to be used. Post-installation services
pertaining to cleanroom lighting include maintenance, support, and analytics
services.
Healthcare
and life sciences to hold the largest size of the cleanroom lighting market
during the forecast period
The major
cleanroom lighting applications in this industry include hospitals, R&D,
pharmaceutical and medical device manufacturers, biotechnology players, and
R&D labs. Biologics manufacturing facilities; and areas such as
laboratories, production areas, bio-exclusion areas, and animal supply
facilities need to have a contamination-free and controlled environment for
ensuring product and patient safety. This factor increases the number of
cleanrooms in these industries, which fuels the growth of the cleanroom
lighting market.
Asia Pacific is major contributor for cleanroom lighting
and is expected to grow at highest CAGR during the next five years
Many
biopharmaceutical companies and medical device manufacturers are expanding
their presence in APAC owing to cost advantage and a favorable regulatory
environment in this region. High-growth regions such as China, Japan, South Korea, India, Taiwan, Australia, and Singapore are expected to be significant contributors
to the cleanroom lighting market in APAC. China
dominates the semiconductor manufacturing industry, and this growth is attributed
to the country's rising wafer fab equipment spending from the past few years.
Further, according to the China Semiconductor Industry Association, the
integrated circuit (IC) industry in China grew
by 25% in 2017, over the industry position in the previous year. These factors
have led to an increase in the number of cleanrooms to manufacture the
substrates in a pure environment, thereby fueling the cleanroom lighting market
in the region.
Browse in-depth
TOC on "Cleanroom Lighting Market"
69 – Tables
32 – Figures
117 – Pages
32 – Figures
117 – Pages
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Sample pages of the Report:
Crompton
Greaves Ltd. (Crompton, India), Signify Holding.
(Signify, Netherlands), LUG Light Factory Sp. z
o.o. (LUG Light Factory, Poland), Eaton
Corporation plc (Eaton, Ireland), Wipro
Enterprises (P) Ltd. (Wipro, India), Terra
Universal. Inc. (Terra Universal, US), Paramount Industries, Inc. (Paramount,
US), Solite Europe Ltd (Solite Europe, UK), Eagle Lighting Australia (Eagle
Lighting, Australia), and Kenall Manufacturing
(Kenall Manufacturing, US) are a few major players in the cleanroom lighting
market.
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MarketsandMarkets™ INC.
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USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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