[342 Pages Report] The global emergency lighting market is estimated to reach US$ 11,628.2 million by 2032, escalating from US$ 6,593.1 million in 2022 evolving at a CAGR of 5.8% during the forecast period.
In case of a power cut, emergency lighting is utilised to automatically provide enough illumination for a safe evacuation of people. Healthcare services, corporate workplaces, educational institutions, industrial buildings, and other public places are now adopting and using emergency lighting to safely evacuate people during an emergency.
| Report Attribute | Details |
|---|---|
| Emergency Lighting Market Value (2022) | US$ 6,593.1 million |
| Emergency Lighting Market Anticipated Forecast Value (2032) | US$ 11,628.2 million |
| Emergency Lighting Market Projected Growth Rate (2022-2032) | 5.8% |
The emergency lighting market is expected to increase significantly due to the lighting industry's fast technological developments. Additionally, the market is projected to develop as a result of the average selling price of LEDs falling and the global building sector expanding.
The integration of LEDs into red or green exit signs is one of the most important technological improvements in emergency lighting. There are opportunities and market growth worldwide due to government rules in several nations that require the usage of emergency lights near exits and emergency routes for appropriate lighting.
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It is anticipated that the fast urbanisation occurring in many nations and the rising quality of living of the populace would greatly increase the need for emergency lighting and accelerate the expansion of the emergency lighting market. The major reason behind this is the adoption of emergency lights pooled with aesthetically attractive light. The aesthetics of emergency lights are now being highlighted by manufacturers and lighting designers, particularly in surroundings like hotels, architectural structures, and residences. The placement and look of emergency lights bother end users. Sellers are now offering emergency lights that are aesthetically pleasing without sacrificing safety.
The market for emergency lighting is hindered by high capital expenditure and operating costs. Higher initial costs for the procurement of extra installation-related equipment are associated with custom design. Due to the time required to properly establish the controls system, this ultimately results in increased installation and commissioning expenses. On the other hand, a buyer may need an expert consultant or technician to handle the system. A higher setup cost may result from switching from a bespoke design to a ready-made one.
Principal Consultant
Hardware category holds the highest revenue share in the emergency lighting market. An emergency lighting system uses a range of different hardware parts, including LED lights, incandescent lights, fluorescent lights, test buttons, led drivers, batteries, emergency light modules, charge indicator, housing, and more. The primary hardware elements of the emergency lighting system are batteries and modules. The adoption trends of emergency lighting with these two hardware elements is expected to boost revenue growth of this segment during the forecast period.
The commercial sector holds the most significant revenue share in the emergency lighting market. The demand for emergency lighting is increasing simultaneously with the increasing size of the commercial sector. This in turn is driving this segment's expanding growth. An unexpected power outage can seriously hinder an organization's productivity and result in considerable losses. The emergency lighting solution saves a company's server from falling offline during a power cut. Therefore, the commercial sector uses energy lighting solutions very frequently.
North America dominates the global market for emergency lighting by possessing 33.2% market share. The primary reason behind this growth is the increase in construction of both commercial and residential as this results in increase in adoption of emergency lighting. Increased emphasis of the U.S. Government on energy-efficient building lighting and the introduction of stringent safety regulations governing the installation of emergency lights in commercial buildings in the nation are propelling the market.
Asia Pacific is predicted to be an extremely enticing region of the global emergency lighting market during the forecast period. The factors driving the market in this region include the fast expanding urbanisation and the rising public awareness of safety. When it comes to smart cities and smart homes, the region is making considerable investments. The adoption of emergency lighting is promoted by governments of both emerged and emerging economies like China, Japan, and India.
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In emergency lightening market certain big corporations are also helping startups for innovations.
For example, in June 2022, The "Innovate to Inspire" Supply Chain Hackathon for Startups has been launched by Schneider Electric. The hackathon, which will be supported by K-Tech Innovation Hub, IKP, will concentrate on developing solutions unique to the problems facing the world's supply chains. Industry experts and enthusiasts from all around the globe will collaborate to develop cutting-edge supply chain solutions during the hackathon. According to recent developments, the supply chain sector has a huge potential for future growth, supported by cutting-edge technology.
Major players in the emergency lighting market are involved in various strategies such as mergers & acquisitions, partnerships, collaborations, etc. thereby consolidating their market position.
In June 2022, following the historic purchase of Hubbell's Commercial & Industrial (C&I) Lighting business, CurrentTM (previously GE Current, a Daintree Company) has introduced a new corporate identity. It took off The enterprise brand, which will be formally unveiled at LightFair 2022. It also unites the businesses under a single identity and a single goal to deliver the innovation customers demand with solutions that create motivating, effective, and secure environments.
In July 2022, Aperture luminaire has undergone significant improvements, according to Eureka, a recognised leader in decorative lighting solutions and acuity brands.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.8% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016-2021 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The global emergency lighting market is projected to propagate at a CAGR of 5.8% during the forecast period (2022-2032).
Emergency lighting market is predicted to account for US$ 11,628.2 million by 2032.
North America is expected to top the emergency lighting market with a share of 33.2% in 2022.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application, 2022-2032
5.3.1. Residential
5.3.2. Commercial
5.3.3. Industrial
5.3.4. Others (Railways, Aircraft, Ships)
5.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
5.5. Absolute $ Opportunity Analysis By Application, 2022-2032
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Power System
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Power System, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Power System, 2022-2032
6.3.1. Self-Contained
6.3.2. Central
6.3.3. Hybrid
6.4. Y-o-Y Growth Trend Analysis By Power System, 2017-2021
6.5. Absolute $ Opportunity Analysis By Power System, 2022-2032
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Technology
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Technology, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Technology, 2022-2032
7.3.1. Fluorescent
7.3.2. LED
7.3.3. Incandescent
7.3.4. Induction
7.3.5. Others (High Intensity Discharge, Cold Cathode, Halogen Lamps)
7.4. Y-o-Y Growth Trend Analysis By Technology, 2017-2021
7.5. Absolute $ Opportunity Analysis By Technology, 2022-2032
8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Application
9.2.3. By Power System
9.2.4. By Technology
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Application
9.3.3. By Power System
9.3.4. By Technology
9.4. Key Takeaways
10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Application
10.2.3. By Power System
10.2.4. By Technology
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Application
10.3.3. By Power System
10.3.4. By Technology
10.4. Key Takeaways
11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Application
11.2.3. By Power System
11.2.4. By Technology
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Application
11.3.3. By Power System
11.3.4. By Technology
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. New Zealand
12.2.1.8. Rest of APAC
12.2.2. By Application
12.2.3. By Power System
12.2.4. By Technology
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Application
12.3.3. By Power System
12.3.4. By Technology
12.4. Key Takeaways
13. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Application
13.2.3. By Power System
13.2.4. By Technology
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Application
13.3.3. By Power System
13.3.4. By Technology
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Application
14.1.2.2. By Power System
14.1.2.3. By Technology
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Application
14.2.2.2. By Power System
14.2.2.3. By Technology
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Application
14.3.2.2. By Power System
14.3.2.3. By Technology
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Application
14.4.2.2. By Power System
14.4.2.3. By Technology
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Application
14.5.2.2. By Power System
14.5.2.3. By Technology
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Application
14.6.2.2. By Power System
14.6.2.3. By Technology
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Application
14.7.2.2. By Power System
14.7.2.3. By Technology
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Application
14.8.2.2. By Power System
14.8.2.3. By Technology
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Application
14.9.2.2. By Power System
14.9.2.3. By Technology
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Application
14.10.2.2. By Power System
14.10.2.3. By Technology
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Application
14.11.2.2. By Power System
14.11.2.3. By Technology
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Application
14.12.2.2. By Power System
14.12.2.3. By Technology
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Application
14.13.2.2. By Power System
14.13.2.3. By Technology
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Application
14.14.2.2. By Power System
14.14.2.3. By Technology
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Application
14.15.2.2. By Power System
14.15.2.3. By Technology
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Application
14.16.2.2. By Power System
14.16.2.3. By Technology
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Application
14.17.2.2. By Power System
14.17.2.3. By Technology
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Application
14.18.2.2. By Power System
14.18.2.3. By Technology
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Application
14.19.2.2. By Power System
14.19.2.3. By Technology
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Application
15.3.3. By Power System
15.3.4. By Technology
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Philips Lighting Holding B.V.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Cooper Industries
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Schneider Electric SE
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Emerson
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Legrand S.A.
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Acuity Brands
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Beghelli S.p.A.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Daisalux
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Zumtobel Group
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. OSRAM Licht AG
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Digital Lumens
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Emergency Lighting Market
