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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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.
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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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