Press release
Emergency Lighting Market Share, Outstanding Growth, Industry Status and Forecast to 2027 | Top Key Players are Philips Lighting Holding B.V., Schneider Electric SE, Hubbell Lighting Inc.
Emergency Lighting Market
Market Research Future (MRFR) projects the global emergency lighting market to reach approximately USD 7 billion at a CAGR of 6% from 2017 to 2023 (forecast period).
Emergency lighting is described as lighting that turns on automatically when there is no power supply, and all normal illumination fails. Most newly constructed buildings now have emergency lights fitted during construction.
One of the major factors driving market expansion is the falling average selling price of light-emitting diodes. LED has the largest market share in the light source segment, owing to its energy efficiency and extended life cycle. According to the survey, the market for incandescent light sources is shrinking due to their less energy-efficient properties, and they are most commonly utilized in residential buildings. The dynamic characteristics of liFePO4 batteries, such as lightweight, small volume, high-temperature resistance, and long-life duration, are the primary reasons driving market expansion in the battery segment.
Key Players
Notable players in the emergency lighting market are- Philips Lighting Holding B.V. (Netherlands), Schneider Electric SE (France), Hubbell Lighting Inc. (U.S.), Cooper Industries (Ireland), Emerson (US), Legrand S.A. (France), Acuity Brands (U.S.), Beghelli S.p.A. (Italy), Daisalux (Spain), Zumtobel Group (Austria), among others.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3866
COVID-19 Impact on the Global Emergency Lighting Market
The introduction of a range of regulations by governments worldwide to deal with the COVID-19 outbreak, like a complete shutdown of manufacturing units, has been found to impact the development of the global emergency lighting market
Market Segmentation
The global emergency lighting industry has been segmented on the basis of components, power system, battery, light source and application.
By components, the global emergency lighting market has been segmented into hardware, software, and services.
By power system, the global emergency lighting market has been segmented into self-contained, central, and hybrid. Self-contained emergency lighting is utilized in small buildings with a low number of lighting points. They can operate in either a maintained or non-maintained mode. Maintained mode is commonly used in places of assembly such as clubs, cinemas, and theatres. Emergency lights are kept on at all times. In crowded areas, the light used in maintained mode is often dimmed to prevent total darkness.
By battery, the global emergency lighting market has been segmented into Ni–Cd, Ni–MH, LiFePO4, and Lead–Acid.
By light source, the global emergency lighting market has been segmented into fluorescent, LED, incandescent, induction, and others.
By application, the global emergency lighting market has been segmented into residential, commercial, industrial, and others.
Regional Analysis
The regional analysis of the global emergency lighting market is being studied for regions such as the Asia Pacific, North America, Europe and the Rest of the World.
The market in North America is being driven by rising demand for emergency lighting in the commercial, residential, and industrial sectors. Throughout the forecast period, the North American region is projected to dominate the emergency lighting market. The Asia Pacific region is expected to grow at the fastest CAGR due to the high adoption of emergency lighting in emerging countries and increased focus on real estate projects, which are driving the market in the region.
Get complete Report @ https://www.marketresearchfuture.com/reports/emergency-lighting-market-3866
Media Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Emergency Lighting Market Share, Outstanding Growth, Industry Status and Forecast to 2027 | Top Key Players are Philips Lighting Holding B.V., Schneider Electric SE, Hubbell Lighting Inc. here
News-ID: 2528637 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Emergency
New Jersey Emergency Bankruptcy Attorney Daniel Straffi Provides Clarity on Emer …
Understanding how to protect assets during a financial crisis is critical, particularly when swift legal action is required. New Jersey emergency bankruptcy attorney Daniel Straffi (https://www.straffilaw.com/what-is-an-emergency-bankruptcy-filing-in-new-jersey/) explains how an emergency bankruptcy filing can provide immediate relief for those facing foreclosure, wage garnishment, or other urgent creditor actions. In a recent article published by Straffi & Straffi Attorneys at Law, Daniel Straffi outlines the essential steps and key considerations involved in…
Revolutionizing Emergency Care: The Freestanding Emergency Department Advantage
In recent years, the healthcare landscape has undergone a profound transformation, and at the forefront of that evolution stands the freestanding emergency department (FSED) market. As patient expectations for convenience, speed, and high-quality care continue to grow-and as traditional hospital emergency rooms buckle under increasing volume-FSEDs have emerged as a compelling solution. These standalone facilities deliver fully equipped, physician led emergency services outside the walls of a hospital, bringing lifesaving…
Emergency Local Plumber: Fast and Reliable Emergency Plumbing Services in Mariet …
Image: https://www.globalnewslines.com/uploads/2025/04/1743491483.jpg
Emergency Local Plumber is the trusted solution for homeowners searching for a local plumber in my area, offering dependable emergency plumbing services 24/7 in Marietta and surrounding communities.
Whenever there is a leakage in the pipe or the drain is clogged, the homeowner cannot wait for a plumber. That is why Emergency Local Plumber has become the best solution for those who are searching for a plumber near me who…
EMERGENCY SLEEPING BAG REVIEW 2023: DOES EMERGENCY SLEEPING BAG REALLY WORKS?
In the world of outdoor adventures, preparedness is paramount. Whether you're an avid hiker, camper, or simply someone who enjoys the thrill of the great outdoors, one thing you should never underestimate is the power of a reliable emergency sleeping bag. These versatile and compact tools are designed to be your lifeline when the unexpected strikes. An emergency sleeping bag is not just a convenient addition to your outdoor gear;…
Emergency Locksmith Brisbane
Emergency Locksmiths Brisbane is a company on a mission to become the premium and the most affordable mobile Locksmith company, providing six-star locksmith service in Brisbane.
Tapsy Group brings the first mobile application solution in Brisbane. Tapsy means Tap, Call and See the result. It is easy to install the app in your mobile phone.
Tapsy Group’s mission is to provide Brisbane with the fastest mobile solution to contact in case of…
Global Emergency Transport Fan Market 2020 Growth Analysis - Ambulanc(Shenzhen) …
The market research report entitled Global Emergency Transport Fan Market 2020 by Manufacturers, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types, applications,…
