Global Emergency Lighting Market Growth 2023-2029

Global Emergency Lighting Market Growth 2023-2029

Product Code:448941

Published Date: Feb 08,2023

Pages: 126

Region: Global

Category: Electronics & Semiconductor

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An emergency light is a battery-backed lighting device that switches on automatically when a building experiences a power outage. Emergency lights are standard in new commercial and high occupancy residential buildings, such as college dormitories. Most building codes require that they be installed in older buildings as well.

LPI (LP Information)' newest research report, the “Emergency Lighting Industry Forecast” looks at past sales and reviews total world Emergency Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Emergency Lighting sales for 2023 through 2029. With Emergency Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Emergency Lighting industry.

This Insight Report provides a comprehensive analysis of the global Emergency Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Emergency Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Emergency Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Emergency Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Emergency Lighting.

The global Emergency Lighting market size is projected to grow from US$ 5789.7 million in 2022 to US$ 9098.2 million in 2029; it is expected to grow at a CAGR of 9098.2 from 2023 to 2029.

Global core emergency lighting manufacturers include Philips (Signify), Schneider, Acuity Brands etc.The top 5 companies hold a share about 30%.Asia-Pacific is the largest market, with a share about 36%, followed by Europe and North America with the share about 28% and 26%.In terms of product, central power system is the largest segment, with a share over 60%. And in terms of application, the largest application is industry, followed by commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Emergency Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Self-Contained Power System
    Central Power System
    Hybrid Power System

Segmentation by application
    Residential
    Commercial
    Industry

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Philips (Signify)
    Schneider
    Acuity Brands
    Eaton
    Legrand
    ABB
    Hubbell
    ZFE
    MPN
    Emerson
    Zhongshan AKT
    LINERGY
    RZB
    Din
    Clevertronics
    Ventilux
    Olympia electronics
    R.Stahl
    Mule
    Bes A

Key Questions Addressed in this Report
What is the 10-year outlook for the global Emergency Lighting market?
What factors are driving Emergency Lighting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Emergency Lighting market opportunities vary by end market size?
How does Emergency Lighting break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?