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Rapid Rise in the Global Emergency Lighting Market: Market Size, Growth Rate, Key Drivers, and Forecasts
Rapid Rise in the Global Emergency Lighting Market
What Is The Projected Market Size Of The Global Emergency Lighting Market And Its Growth Rate?
The emergency lighting market has displayed potent growth in recent years and these numbers are set to soar even higher:
• The market has grown from $6.74 billion in 2024 to $7.23 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 7.3%.
• Factors contributing to this growth in the historic period include safety regulations, urbanization, infrastructure growth, power outages, fire safety codes, resilience, and disaster preparedness.
• The emergency lighting market size is expected to see strong growth, skyrocketing to $9.85 billion in 2029 at a CAGR of 8.0%.
• The forecast period growth can be attributed to advancements in green building practices, IoT integration, smart building solutions, resilience and disaster preparedness, and adaptive lighting.
What Is Driving The Growth In The Emergency Lighting Market?
The construction sector's expansion is expected to be a significant contributor to the growth of the emergency lighting market moving forward. Emergency lighting ensures the safety of construction workers and facilitates swift evacuation during emergencies. According to the Indian Ministry of Statistics and Programme Implementation, the construction sector is projected to grow by 10.7% in 2022. Thus, this growth in the construction sector directly impacts the expansion of the emergency lighting market.
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Who Are the Key Players Driving Emergency Lighting Market Growth?
Key companies garnering major contributions in the emergency lighting market include:
• Acuity Brands Inc.,
• Syska LED Lights Private Limited,
• Eaton Corporation plc,
• Hubbell Incorporated,
• Legrand Group,
• OSRAM Licht AG,
• Signify Holding,
• Schneider Electric SE,
• Zumtobel Group AG,
• Daisalux S.A.U.,
• Larson Electronics LLC,
• ABB Group,
• Beghelli S.p.A.,
• Fagerhult AB,
• Glamox AS,
• HADLER GmbH,
• Herbert Waldmann GmbH & Co. KG,
• iGuzzini illuminazione S.p.A.,
• LIGMAN Lighting Co. Ltd.,
• Lumenpulse Group Inc.,
• NVC Lighting Technology Corporation,
• Opple Lighting Co. Ltd.,
• R. STAHL AG,
• Raytec Ltd.,
• Safelincs Ltd.,
• SCHRÉDER Group,
• SITEM S.p.A.,
• Thorlux Lighting,
• Trilux GmbH & Co. KG,
• WISKA Hoppmann GmbH.
What Are The Key Trends In The Emergency Lighting Market?
The market is seeing transformations owing to:
• Technological advancements,
• Battery technology advancements,
• LED technology adoption,
• Centralized monitoring and control,
• Sustainability and energy efficiency.
What Are The Segments Of The Global Emergency Lighting Market?
The emergency lighting market includes several subdivisions to explore -
1) By Power System: Self-Contained, Central, Hybrid
2) By Offering: Hardware, Software, Services
3) By Battery: Ni-Cd, Ni-MH, LiFePO4, Lead-Acid
4) By End-User: Residential, Commercial, Industrial, Other End-Users
Which Region Leads The Emergency Lighting Market?
North America was the largest region in the emergency lighting market in 2024. However, Asia-Pacific is predicted to outpace all regions during the forecast period. The emergency lighting market report covers various domains including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Emergency Lighting Market Global Market Report?
- Market Size Analysis: Analyze the Emergency Lighting Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Emergency Lighting Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Emergency Lighting Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Emergency Lighting Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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