The global emergency lighting market size reached USD 5.97 Billion in 2021 and is expected to register a revenue CAGR of 6.31% during the forecast period, according to latest analysis by Emergen Research. Increasing number of residential and commercial construction projects and expanding hospitality industry infrastructure are key factors driving market revenue growth. Emergency lighting is used in various commercial, industrial, and residential buildings and infrastructure, including offices, hospitals, museums, stadiums, academic institutions, and movie theaters among others to provide light in case the primary lighting system or facilities fail or are compromised.
The study aims to provide a forecast of the growth of the Emergency Lighting market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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The report studies the impact of the COVID-19 pandemic on the Emergency Lighting market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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The report further divides the Emergency Lighting market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Emergency Lighting market.
Key companies profiled in the report include:
Koninklijke Philips N.V., General Electric Company, Panasonic, OSRAM GmbH, Schneider Electric, Citizen Electronics Co., Ltd., Toshiba Corporation, Orient Electric Limited, Energy Focus, Inc., and Nichia Corporation
Emergen Research has segmented global emergency lighting market on the basis of power system, component, lighting type, end-use, and region:
Power System Outlook (Revenue, USD Billion; 2019-2030)
Central Power System
Hybrid Power System
Self-Contained Power System
Component Outlook (Revenue, USD Billion; 2019-2030)
Hardware
Lights and Luminaries
Control Systems
Others
Software
Services
Lighting Type Outlook (Revenue, USD Billion; 2019-2030)
Light-Emitting Diode (LED)
Fluorescent Lighting
Incandescent
Induction
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Residential
Industrial
Commercial
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Emergency Lighting market?
What are the key product types and applications of the Emergency Lighting industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Emergency Lighting market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Emergency Lighting Market by 2030?
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