Press release
Emergency Light Market to Grow at a CAGR of 10.72% by 2024- A Report by top competitors like Philips, Hubbell, Schneider, Emerson, Zumtobel Group, OSRAM and others
This report gives an edge to not only compete but also to outdo the competition.
Market Analysis:-
Emergency Lighting Market accounted for USD 2.35 billion in 2016 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.
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Major Market Competitors:
• Philips Lighting Holding B.V.
• Hubbell Lighting
• Cooper Industries
• Schneider Electric SE
• Emerson
• Legrand S.A.
• Acuity Brands
• Beghelli S.p.A.
• Daisalux, Zumtobel Group
• OSRAM Licht AG
• Digital Lumens
• Fulham
• Arrow Emergency Lighting Limited
• Arts Energy and Taurac
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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
Emergency Lighting Market Segmentation:
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
•hospitality
The others segment is further sub segmented into
•railways
•aircraft
•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.
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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