[PDF] Emergency Lighting Market Top Industry Players Analysis and Forecast to 2021 - 2030 | Acuity Brands, Syska, Daisalux, Eaton Corporation

The Report Shades a Light on Future and Opportunities in the Emergency Lighting Industry.

The Emergency Lighting Market size was valued at $5.48 billion in 2020, and is projected to reach $10.73 billion by 2030, registering a CAGR of 6.9% from 2021 to 2030 according to a new report by Allied Market Research. The report covers an analysis of the major impacting factors and top 10 investment pockets that influence the market growth and new opportunities in the future.

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The recent technological developments and rise in demand have an instrumental effect on the growth of the market. The Emergency Lighting Market report offers a comprehensive analysis of the market on the basis of various parameters including sales, sales analysis, market size, share, trends, and major driving factors. In addition, the report offers Porter's five forces model, portfolio and financial analysis, and business overview of services and products. Such statistical tools provide a piece of vital information to recognizing lucrative opportunities in the industry.

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The TOP MARKET PLAYERS that are currently active in the industry: Acuity Brands, Syska, Daisalux, Eaton Corporation, Hubbel Lighting Inc, Legrand, Osram Licht Ag, Philips Lighitng Holding B.V, Schneider Electric SE and Zumtobel Group.

These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

The study provides an in-depth analysis of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study offers a SWOT analysis that helps understand the restraining and driving factors in the industry. The global Emergency Lighting Market report covers an overview of the market and outlines market definition and scope.

The drivers and opportunities aid in understanding the ever-changing industry trends and how companies can leverage such trends. On the other hand, the challenges and restraints included in the report aid in recognizing lucrative market investments. The global Emergency Lighting report offers a quantitative and qualitative analysis of the market. The qualitative study highlights the value chain analysis, pain point analysis, and key regulations.

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The report includes a detailed analysis of the impact of the Covid-19 pandemic on the market. The report covers consumer preferences, trends, and budget impact on the market because of the pandemic. The global Emergency Lighting Market is under the influence of technological advancements. The emergence of innovative technologies such as artificial intelligence (AI), cloud computing, big data, Electronics & semiconductors industries, Internet of Things (IoT), and cryptocurrency have a major impact on the global Emergency Lighting Market growth. The report helps recognize the role of such advanced technologies in Emergency Lighting Market growth.

Browse in-depth TOC on Emergency Lighting Market:

>> Pages: 295

>> Tables: 133

>> Charts: 62

Key Market Segments:

By Offering

• Hardware (Lights and Luminaires, Control Systems, Others)
• Software
• Services (Pre and Post Installation Services)

By Power System

• Self-Contained Power System
• Central Power System
• Hybrid Power System

By Lighting Type

• Fluorescent Lighting
• LED
• Incandescent
• Others (Cathode, Halogen, Induction)

By Application

• Residential
• Industrial
• Commercial

The Self-Contained Power System Segment to Dominate By 2030-

By power system, the self-contained power system segment contributed to the major share in 2020, holding around two-fifths of the global emergency lighting market. The same segment would also cite the fastest CAGR of 7.8% during the forecast period. The installation cost of self-contained luminaries can be relatively cheap because there is no need for any special, fire-rated cabling, which in turn has propelled the segment growth.

The LED Segment to Maintain the Dominant Share-

By lighting type, the LED segment accounted for the major share in 2020, holding nearly half of the global emergency lighting market. The same segment is also expected to grow at the fastest CAGR of 7.8% from 2021 to 2030. This is because LEDs are commonly used in many electronic devices as indicator lamps, in automobiles as rear-window and brake lights, and in consumer electronics.

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By Region:

1) North America- (U.S., Canada, Mexico)

2) Europe- (Germany, UK, France, Spain, Italy, Rest of Europe)

3) Asia-Pacific- (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)

4) LAMEA- (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

North America Garnered the Major Share in 2020-

By region, the market across North America had the lion's share in 2020, generating around one-third of the global emergency lighting market. Government funding for advanced and connected infrastructure plays a major role in the growth of the market. The Asia-Pacific region, on the other hand, is projected to portray the fastest CAGR of 8.0% by 2030, due to the availability of high-end enhanced technologies, rise in demand for emergency lighting, and developments in the manufacturing industries.

The analysis of segment and sub-segment is offered in graphical and tabular formats. This study is instrumental to understanding the highest revenue-generating and fasting growing segments of the Emergency Lighting Market, which is vital for making strategic investments.

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