In rapid advancement in light-emitting diodes (LEDs) the lighting sources for general lighting applications which is more efficient as compared to incandescent lighting. Such characteristics combined with their long working life and reliability has made them the suitable choice for next generation of lighting systems including emergency, backlight, automotive, indoor and outdoor. To ensure accurate operation and to control the light intensity, LEDs need an efficient driver, normally implemented by power electronics-based conversion stages to match the LED characteristics with the AC grid voltage and to generate a controllable and high-quality light.
North America is one of the most competitive markets across the globe with various regional players and a few large international players in emergency lighting market. Also, government initiatives in outdoor and border security is driving the growth of emergency lighting market in North America region. Europe is one of the prominent player in the emergency lighting market owing to increased demand of LED emergency lighting in residential sector. Also, emerging economies from countries such as Germany, UK, France, Russia, Italy, Benelux and Spain is driving emergency lighting market.
The emergency lighting market is growing rapidly over 6% of CAGR and is expected to reach approximately at USD 7 billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Emergency Lighting Market – Forecast to 2023”.
Major Key Players:
- Philips Lighting Holding B.V. (Netherlands)
- Hubbell Lighting Inc. (U.S.)
- Cooper Industries (Ireland)
- Schneider Electric SE (France)
- Emerson (US)
- Legrand S.A. (France)
- Acuity Brands (U.S.)
- Beghelli S.p.A. (Italy)
- Daisalux (Spain)
- Zumtobel Group (Austria)
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Market Research Analysis:
Regional analysis for emergency lighting market is studied in different geographic regions as North America Europe, Asia-Pacific and Rest of World. European market is expected to be one of the prominent player due to high demand of new lighting technology and solution in LED lighting, the application of it in hospitality business, architectural sights and lighting regulating in animal, plant and human biorhythms.
North America is the leading player in emergency lighting market and is expected to witness noteworthy growth in the near future. Regulation over energy efficient product and high disposal income will help to drive demand for emergency lighting for architectural application in North America region.
Emergency Lighting Market Segmentation
The Emergency Lighting Market has been segmented on the basis of application that includes commercial, industrial, and residential and others. By industrial application, the manufacturers developed models that integrate the electronic components of energy-efficient LEDs into their designs.
The integrated LED fixtures are easier to find ever before. A few manufacturers invent high-tech technology by merging wireless controls with the models. The manufacturers made the components of the newest integrated LED fixtures replaceable to eliminate the need and cost.
The regional analysis of emergency lighting market is being studied for region such as Asia Pacific, Americas, Europe and Rest of the World. The increasing demand for emergency lighting in commercial, residential and industrial sector is driving the market in North America region.
North America region is expected to dominate the emergency lighting market throughout the forecast period. Asia‐Pacific region is expected to grow at the highest CAGR due to high adoption of emergency lighting in developing countries and increasing focus on real estate project is driving the market in the region.
Emergency Lighting Market (MRFR) Analysis:
By light source segment, emergency lighting market includes LED that consists of lamps and luminaries. With its innovative LED interior luminaires, offers completely new opportunities for creative, energy-efficient lighting in shops, public buildings, hotels and restaurants, as well as in industry. LED luminaires for outdoor lighting implements the latest technology and guarantee not only excellent manufacturing standards but also exceptional lighting quality, for example, in illumination of facades or outdoor areas. Fluorescent emergency lighting system is adopted as a required safety feature within business premises.
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- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- IT Solution Providers
- Original Equipment Manufactures
- Emergency Lighting Manufacturers
- Emergency Lighting Software Manufacturers
- Residential end-users
- Commercial end-users
- Industrial end-users
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
List of Tables
Table 1 Emergency Lighting Market, By Components
Table 2 Emergency Lighting Market, By Power System
Table 3 Emergency Lighting Market, By Battery
List of Figures
Figure 1 Research Type
Figure 2 Emergency Lighting Market: By Components (%)
Figure 3 Emergency Lighting Market: By Power System (%)
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