Global Emergency Lights Market Growth 2023-2029

Global Emergency Lights Market Growth 2023-2029

An emergency light is a battery-backed lighting device that switches on automatically when a building experiences a power outage. Emergency lights are standard in new commercial and high occupancy residential buildings, such as college dormitories. Most building codes require that they be installed in older buildings as well.

LPI (LP Information)' newest research report, the “Emergency Lights Industry Forecast” looks at past sales and reviews total world Emergency Lights sales in 2022, providing a comprehensive analysis by region and market sector of projected Emergency Lights sales for 2023 through 2029. With Emergency Lights sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Emergency Lights industry.

This Insight Report provides a comprehensive analysis of the global Emergency Lights landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Emergency Lights portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Emergency Lights market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Emergency Lights and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Emergency Lights.

The global Emergency Lights market size is projected to grow from US$ 5789.7 million in 2022 to US$ 9079.7 million in 2029; it is expected to grow at a CAGR of 9079.7 from 2023 to 2029.

Global core emergency lighting manufacturers include Philips (Signify), Schneider, Acuity Brands etc.The top 5 companies hold a share about 30%.Asia-Pacific is the largest market, with a share about 36%, followed by Europe and North America with the share about 28% and 26%.In terms of product, central power system is the largest segment, with a share over 60%. And in terms of application, the largest application is industry, followed by commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Emergency Lights market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Buried Lamp
Double Headlights
Ceiling

Segmentation by application
Civilian
Fire Center

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TigerFire(Guangzhou) Lighting Technology
henZhen Hocen Emergency Lighting
GUANGDONG DP CO
Lose
ZFE
MPN
DP

Key Questions Addressed in this Report

What is the 10-year outlook for the global Emergency Lights market?

What factors are driving Emergency Lights market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Emergency Lights market opportunities vary by end market size?

How does Emergency Lights break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.