Emergency Lighting Market 2019 | What are the key factors driving the growth of the Market?
The Emergency Lighting Market research report is the latest report published by StraitsResearch which is committed to delivering details of the Emergency Lighting industry.
According to NFPA in the United States, exit signs must provide at least 1.5 hours of light in case of an emergency when building lights fail. This has resulted in the mandatory adoption of exit signs in commercial, industrial, and residential infrastructure, thereby propelling market growth. Based on type, the market can be segmented into emergency lights and electrical exit signs, non-electrical exit signs and general emergency lighting.
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The emergency lighting market, estimated to reach a value of USD 5.8 billion in 2020, is expected to grow at a CAGR of 10.30% during the forecast period, 2019–2026.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Emergency Lighting industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Emergency Lighting market since the past few years.
Top Market Key Players:
Some of the prominent players in the emergency lighting market are Signify Holding (The Netherlands), Schneider Electric SA (France), Eaton Corporation Plc (Ireland), Thomas & Betts Corporation (U.S.), Hubbell Incorporated (U.S.), Best Lighting Products, Inc. (U.S.), Ventilux Ltd (Ireland), NVC Lighting (China), Acuity Brands Lighting, Inc (Georgia), GENERAL ELECTRIC COMPANY (U.S.), Beghelli SpA (Italy), Maxspid Enterprise Pte Ltd (Singapore), Mackwell Electronics (U.K), and Isolite Corporation (Pennsylvania).
Segmentation of Emergency Lighting Market:
By Type, Emergency Lights and Electrical Exit Signals, Non-Electrical Exit Signals, General Emergency Lighting
By Application, Residential, Industrial, Others
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The competitive landscape:
The competitive landscape of the Emergency Lighting market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Emergency Lighting Market Report Highlights:
Emergency Lighting Market Dynamics (Trends, Drivers, Restraints)
Distribution Channel Analysis
Product Benchmarking and Pricing Analysis of Key Industry Players
Policy & Regulation.
Why purchase this report?
Historical inferences, findings & analysis of the Emergency Lighting market from 2016 to 2018
Projections and performance forecast analysis for the future from 2019 to 2026
Production and consumption point of view (POV) analysis
Emergency Lighting Market drivers, restraint and opportunity analysis, to define Emergency Lighting market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Emergency Lighting market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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