Global Emergency Lighting Market to Reach US$9.6 Billion by 2030
The global market for Emergency Lighting estimated at US$6.3 Billion in the year 2024, is expected to reach US$9.6 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2024-2030. LED, 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 segment is estimated at 7.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.9 Billion While China is Forecast to Grow at 9.1% CAGR
The Emergency Lighting market in the U.S. is estimated at US$1.9 Billion in the year 2024. 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 2024-2030. 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.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook