Emergency Lighting Market 2019 Business Opportunities for Top Companies - Acuity Brands, Philips Lighting, Hubbell Lighting, OSRAM, Arrow Emergency Lighting Limited, ARTS Energy, Digital Lumens, COOPER ELECTRIC SUPPLY, Zumtobel Group, Schneider Electric,
The Global Emergency Lighting Market accounted for USD 2.35 billion growing at a CAGR of 10.72% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Key Issues Addressed
· Competitive Landscape and Strategic Recommendations
· The market forecast and growth areas for Emergency Lighting Market
· Changing Market Trends and Emerging Opportunities
· Historical shipment and revenue
· Analysis key applications
· Main Players market share
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Emergency lighting is the lighting that emergently comes on when the power cuts. It is referred for any emergency situations. At certain cases the loss of electricity may be the result of fire. That may lead to sudden darkness and may cause any possible danger to the occupants, or panic. It has its wide application in residential, commercial, industrial, and others. Technological advancements in the lighting industry may act as a major driver in the growth of emergency lighting market. On the other side, high capital investment may hinder the market.
Major Market Competitors: Global Emergency Lighting Market
Some of the major players of the global emergency lighting market are Philips Lighting Holding B.V., Hubbell Lighting Inc., Cooper Industries, Schneider Electric SE, Emerson, Legrand S.A., Acuity Brands, Beghelli S.p.A., Daisalux, Zumtobel Group, OSRAM Licht AG, Digital Lumens, Fulham Co. Inc., Arrow Emergency Lighting Limited, Arts Energy, and Taurac, and others.
Major Market Drivers & Restraints:
· Technological Advancements in Lighting Industry
· Combination of Emergency Lighting With Esthetic Lighting
· Declining Average Selling Price of LEDs
· Booming Construction Industry Globally
· Lack of Standardization
· High Capital Investment and Operational Cost
Market Segmentation: Global Emergency Lighting Market
The global emergency lighting market is segmented on the basis of power system into self-contained power system, central power system, and hybrid power system.
On the basis of battery type:
The global emergency lighting market is segmented into NI–CD, NI–MH, lifepo4, and lead–acid.
On the basis of Light Source:
The global emergency lighting market is segmented into fluorescent lighting, led, incandescent, and induction. The led segment is further segmented into types of led. The type of led segment is also further sub segmented into high-brightness led, and miniature led. The others segment is further sub segmented into hid, cold cathode, and halogen lamp.
On the basis of offering:
The global emergency lighting market is segmented into hardware, software and services. The hardware segment is further sub segmented into lights and luminaires, control systems, and exit signs. The services segment is further sub segmented into pre-installation services, and post-installation services.
On the basis of application:
The global emergency lighting market is segmented into residential, commercial, industrial and others. The commercial segment is further sub segmented into office lighting, retail malls, and hospitality. The others segment is further sub segmented into railways, aircraft, and ships.
On the basis of geography:
The global emergency lighting market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis:
The report for global emergency lighting market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Emergency Lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Reasons for Buying this Report
· This report provides pin-point analysis for changing competitive dynamics
· It provides a forward looking perspective on different factors driving or restraining market growth
· It provides a 6 year forecast assessed on the basis of how the market is predicted to grow
· It helps in understanding the key product segments and their future
· It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
· It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Customization: We can offer customization in the report and get research data or trends added in the report as per the buyer's specific needs.
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