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Key Insights

Outbreak of COVID-19 is expected to  Favour Industry Growth

Emergence of COVID-19 is projected to steer industry growth over the coming years. The outbreak of global pandemic has widely halted the manufacturing sector around the globe. The number of infected cases is rising steadily all around the world. Many experts believe that post pandemic situation, the demand for cleanroom technologies is likely to gain significant boost owing to the necessity to limit contamination and promote social distancing. Thus,  growth of the cleanroom technologies is anticipated directly influence the market growth for cleanroom lighting over the forecast period.

The demand for a controlled environment to manufacture various goods and commodities is likely to play a key role in pushing the market growth over the coming years. The need to push for zero level contamination in manufacturing sector is likely to increase as the world fights its way through this global pandemic. Therefore, to reduce contamination and boost high level of productivity is likely to drive the marker growth over the forecast period.

Healthcare  Industry a Key Propeller

Healthcare sector is one of the primary end-user for the cleanroom lighting market. The sector requires a controlled environment to operate owing to the level of sophistication required during the manufacturing of drugs and medicines. In addition, workers of this industry are vulnerable to infectious microbes which can easily transmit through various channels such as air and water. Thus, the demand for cleanroom technologies from this specific sector is likely to witness significant growth which in-turn is projected to boost the market growth for cleanroom lightings.

Another key factor propelling the growth of market is growing demand for pharma drugs. The sales of pharma drugs has witnessed huge surge owing to the panic created due to the outbreak of pandemic. This is likely to push the manufacturing of pharma drugs and medicines. Thus, ultimately steering the market growth for cleanroom technologies including lighting over the predicted timeline.

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Source Outlook

On the basis of source,  market is bifurcated into LED and fluorescent. Among this segment, LED category is projected to observe strong growth owing to its capability to provide energy efficiency and longer operational life. Over the last few years, the challenges to limit energy consumption has widely gained popularity across various end-use sectors. This has prompted or pushed the demand for energy efficient products. Owing to the aforementioned trend, LED source category is anticipated to witness healthy growth rates over the near future.

Fluorescent source segment is likely to observe stagnant growth over the forecast period. This segment is likely to face hurdles as fluorescent based lights are omnidirectional in nature and have shorter life span compared to its counterpart. Thus, challenges associated with the operational nature of fluorescent light is likely to restrain the segments growth over the coming years.

Mounting Type Outlook

The market is bifurcated on the basis of mounting type includes recessed and surface mounted. Among this category, surface mounting lighting system is projected to observe sturdy growth rates. The category offers easy installation and is considered as less energy intensive as compared to its counterpart. The ease in operation and maintenance of this category is likely to push the segments growth over the forecast period.

Recessed lighting fixtures offer aesthetic appeal and is considered as superior in terns of its ergonomically design. However, the cost of installation coupled with high initial investment is projected to hamper its market growth over the predicted timeline.

End-Use Outlook

On the basis of end-use, market is segmented into medical device, healthcare,  biotechnology, semiconductors, solar panels, and hospitals & diagnostic centers. Among this, healthcare segment is projected to dominate the market share over the coming years. Development of new drugs or vaccine to fight various types of diseases is fueling the demand for cleanroom technologies. Thus, growing demand for cleanroom technologies including lighting is likely to push the marker growth over the forecast period.

Competitive Landscape

The key vendors of the industry are Eagle Lighting Australia, Kenall Manufacturing, Paramount Industries Inc., LUG Light Factory, Eaton Corporation, Crompton Greaves, Wipro, Signify Holding, Terra Universal Inc., and Solite Europe Ltd.

The industry is considered as moderately fragmented with presence of multinational companies. Key participants of the industry are focusing on enhancing their market presence through merger & acquisitions and product innovation.

Definition

Cleanroom lighting is defined as the lighting fixtures used in cleanrooms across various end-use sectors such as healthcare, semiconductors, solar panels, and many more.

Global Cleanroom Lighting  Market Segmentation

By Source

- LED

- Fluorescent

 

By Source

-Recessed

 -Surface Mounted

By End-Use

      - Medical Devices

      - Hospital & Diagnostic Centers

      - Semiconductors

      - Solar Panels

      - Healthcare

      - Biotechnology

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