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Emergency Lighting Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Emergency Lighting
What Is the Current Emergency Lighting Market Size and Its Estimated Growth Rate?
In the past few years, the emergency lighting market has seen impressive growth. Its value is predicted to increase from $6.74 billion in 2024 to $7.23 billion in 2025, signifying a compound annual growth rate (CAGR) of 7.3%. Factors such as stringent safety regulations, rising urbanization and infrastructure development, frequent power failures, strict fire safety norms, resilience and planning for potential disasters, have contributed to the historic growth of this market.
In the forthcoming years, the emergency lighting market is predicted to experience significant expansion, reaching a valuation of $9.85 billion in 2029, with a compound annual growth rate (CAGR) of 8.0%. The projected growth during the forecasted period can be ascribed to factors including green building practices, integration of internet of things (IoT), intelligent building solutions, resilience and disaster readiness, and adaptive lighting. Technological progress, improvements in battery technology, adoption of LED technology, centralized monitoring and control, sustainability, and energy efficiency are amongst the key trends expected to shape the market during the forecast period.
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How Are Emerging Segments Shaping the Emergency Lighting Market Landscape?
The emergency lighting market covered in this report is segmented -
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
Subsegments:
1) By Self-Contained: Battery-Powered Emergency Lights, LED Emergency Exit Signs, Self-Contained Emergency Ballasts
2) By Central: Central Battery Systems, Centralized Emergency Lighting Controls, Remote Lighting Units
3) By Hybrid: Hybrid Emergency Lighting Systems, Smart Hybrid Lighting Solutions, Modular Hybrid Emergency Lights
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Which Growth Factors Are Influencing Emergency Lighting Market Expansion?
The anticipated expansion in the construction industry is predicted to accelerate the development of the emergency lighting market. The necessity for emergency lighting on construction sites is essential to safeguarding the labourers involved, as obstacles like construction materials, electrical switchboards, portable devices, and other hindrances along evacuation routes can slow down urgent evacuations during emergencies. For instance, the Indian Ministry of Statistics and Programme Implementation projected a double-digit growth of 10.7% in the construction industry for 2022. Hence, the enlargement of the construction industry fuels the emergency lighting market's progression.
Who Are the Dominant Players Across Different Emergency Lighting Market Segments?
Major companies operating 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 Latest Developing Trends in the Emergency Lighting Market?
Leading corporations in the emergency lighting market are concentrated on launching advanced solutions to acquire a market advantage. Enhanced emergency lighting systems are being created to boost their performance and efficiency. For example, Hochiki, a Japanese company known for manufacturing fire detection and emergency lighting products, unveiled FIREscape Nepto in March 2023. The new product, which adheres to BS 5266, follows its forerunner and is built on addressable emergency lighting control panels with standalone LED luminaires and exit signs which operate at a very low voltage, ensuring it is energy efficient. It is also compatible with the previous panels and devices from the FIREscape series, providing project continuity. FIREscape Nepto, unlike centralized battery or mains-powered systems, has the ability to continuously self-check and self-monitor. This feature simplifies the installation and maintenance process, making it faster and cost-effective.
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Which Geographic Regions Are Expected to Dominate the Emergency Lighting Market in the Coming Years?
North America was the largest region in the emergency lighting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the emergency lighting market during the forecast period. The regions covered in the emergency lighting market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Emergency Lighting Market?
2. What is the CAGR expected in the Emergency Lighting Market?
3. What Are the Key Innovations Transforming the Emergency Lighting Industry?
4. Which Region Is Leading the Emergency Lighting Market?
Why This Report Matters:
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