Emergency Lighting

Emergency Lighting

Global Emergency Lighting Market to Reach US$9.6 Billion by 2030

The global market for Emergency Lighting estimated at US$5.9 Billion in the year 2023, is expected to reach US$9.6 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2023-2030. LED Emergency Lighting, one of the segments analyzed in the report, is expected to record a 8.0% CAGR and reach US$5.0 Billion by the end of the analysis period. Growth in the Fluorescent Emergency Lighting segment is estimated at 7.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.8 Billion While China is Forecast to Grow at 9.1% CAGR

The Emergency Lighting market in the U.S. is estimated at US$1.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.8% and 6.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Global Emergency Lighting Market - Key Trends & Drivers Summarized

Emergency lighting is a critical safety feature in buildings, designed to provide illumination during power outages, fires, or other emergencies. These systems ensure that occupants can safely evacuate or navigate the premises when the main power supply fails. Emergency lighting includes various types of fixtures, such as exit signs, emergency escape route lights, standby lights, and high-risk task area lighting. Each type serves a specific purpose: exit signs guide individuals to the nearest exits, escape route lights illuminate pathways, standby lights provide general lighting, and high-risk area lights ensure safety in hazardous locations. The reliability and effectiveness of emergency lighting are paramount, making regular maintenance and testing essential to ensure these systems function correctly during an emergency.

Technological advancements have significantly improved the functionality and efficiency of emergency lighting systems. The adoption of LED technology has been a major trend, offering benefits such as longer lifespan, lower energy consumption, and brighter illumination compared to traditional incandescent or fluorescent lights. Modern emergency lighting systems are also increasingly integrated with smart building technologies, allowing for centralized control and monitoring. These systems can be programmed to conduct self-diagnostic tests and send alerts when maintenance is required, enhancing reliability. Additionally, the development of wireless and battery-backed solutions has improved the flexibility and resilience of emergency lighting, ensuring they remain operational even in complex building layouts or when the main power and wired backup systems fail.

The growth in the emergency lighting market is driven by several factors. Stringent safety regulations and building codes in many countries mandate the installation and maintenance of emergency lighting systems in commercial, industrial, and residential buildings. The increasing focus on workplace safety and the rising awareness of the importance of emergency preparedness are also significant drivers. Technological advancements, such as the widespread adoption of energy-efficient LEDs and smart lighting systems, have made emergency lighting more effective and cost-efficient, encouraging wider adoption. The expansion of infrastructure projects, particularly in developing regions, is further boosting the demand for emergency lighting solutions. Additionally, the growing prevalence of natural disasters and the heightened need for resilient safety systems in public spaces and high-occupancy buildings are propelling market growth. These factors, combined with continuous innovation in lighting technology, are ensuring robust expansion of the emergency lighting market, making it an integral part of modern building safety systems.

Select Competitors (Total 131 Featured) -

• ABB Ltd.
• ams AG
• Acuity Brands Lighting Inc.
• Argus Fire Protection Ltd.
• ARTS Energy
• Concorde Battery Corporation
• Bruce Aerospace
• Anabas (UK 2) Ltd.
• ATS Traffic
• Danson Electronics Pty Limited
• All Protect Systems
• Baxters Pty Limited
• BIPALED s.r.l.
• Akari Lighting & Technology Corp.
• Co Ban Kiat Hardware, Inc.

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