Press release
Smart Emergency Wayfinding Lighting Market Expected to Achieve 11.2% CAGR by 2029: Growth Forecast Insights
Smart Emergency Wayfinding Lighting
What Is the Expected CAGR for the Smart Emergency Wayfinding Lighting Market Through 2025?
In the past few years, there has been a rapid expansion in the smart emergency wayfinding lighting market. It is projected to surge from a worth of $2.12 billion in 2024 to $2.37 billion in 2025, showcasing a compound annual growth rate (CAGR) of 11.5%. This growth observed in the historic period is credited to the escalating demand for energy-efficient lighting solutions, a heightened focus on adherence to building safety standards, an increase in the adoption of LED-based emergency lights, growth in urban infrastructure, and an increasing consciousness about evacuation systems.
What's the Projected Size of the Global Smart Emergency Wayfinding Lighting Market by 2029?
In the coming years, the smart emergency wayfinding lighting market size is predicted to witness rapid expansion. It is projected to reach $3.61 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.2%. This growth in the projected period can be credited to the growing adoption of intelligent building technologies, an increase in the use of wireless control systems, rising regulatory requirements for emergency lighting, an escalating focus on sustainability and carbon reduction, along with a surge in investments in Internet of Things (IoT)-enabled lighting systems. As it progresses, we expect significant trends to include the improvement in IoT-enabled emergency lighting platforms, advanced monitoring and control capabilities through wireless, innovative developments in adaptive wayfinding illumination, integration of emergency lighting with building management systems, and the utilization of artificial intelligence (AI) in optimizing evacuation routes.
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Top Growth Drivers in the Smart Emergency Wayfinding Lighting Industry: What's Accelerating the Market?
The expansion of intelligent urban infrastructure is fueling the market due to improved city effectiveness, safety, and integration of the Internet of Things.
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What Are the Key Trends Driving Smart Emergency Wayfinding Lighting Market Growth?
Top businesses in the smart emergency wayfinding lighting market are concentrating on creating innovative solutions, such as cloud-based emergency lighting, to enhance the operability of emergency lighting systems. Controlled and supervised remotely through cloud platforms, cloud-based emergency lighting provides real-time updates and diagnoses, ensuring effective and centralized control of emergency lighting across different locations. For example, Signify N.V., a lighting company based in the Netherlands, introduced a new wireless emergency lighting portfolio and monitoring platform in June 2025. The system enables building administrators to regulate, check and oversee both general and emergency lighting via a secure cloud-based interface, automates functional and duration tests, yields thorough compliance reports, streamline maintenance, adheres to regulatory standards, and can be adapted to match varying building requirements, thereby reducing operational difficulty and expense.
What Are the Main Segments in the Smart Emergency Wayfinding Lighting Market?
The smart emergency wayfinding lighting market covered in this report is segmented
1) By Product Type: Light Emitting Diode (LED) Lighting, Fluorescent Lighting, Incandescent Lighting, Other Product Types
2) By Power Source: Wired, Battery-Powered, Solar-Powered
3) By Application: Commercial Buildings, Industrial Facilities, Residential Buildings, Public Infrastructure, Other Applications
4) By End-User: Hospitals, Airports, Shopping Malls, Educational Institutions, Other End-Users
Subsegments:
1) By Light Emitting Diode Lighting: High Brightness Light Emitting Diodes (HB-LEDs), Surface-Mounted Light Emitting Diodes (SMD-LEDs), Chip-On-Board Light Emitting Diodes (COB-LEDs), Organic Light Emitting Diodes (OLEDs), Miniature Light Emitting Diodes (Mini-LEDs)
2) By Fluorescent Lighting: Compact Fluorescent Lamps (CFL), Linear Fluorescent Tubes, U-Shaped Fluorescent Lamps, Circline Fluorescent Lamps
3) By Incandescent Lighting: Tungsten Filament Bulbs, Halogen Bulbs, Infrared Incandescent Lamps
4) By Other Product Types: Electroluminescent Lighting, Fiber Optic Lighting, Plasma Lighting
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Which Top Companies are Driving Growth in the Smart Emergency Wayfinding Lighting Market?
Major companies operating in the smart emergency wayfinding lighting market are Schneider Electric SE, ABB Ltd., Eaton Corporation plc, Emerson Electric Co., Legrand S.A., Signify, Hubbell Incorporated, Acuity Brands Inc., Zumtobel Group AG, Mackwell Electronics Ltd., Olympia Electronics S.A., Ventilux Limited, Keystone Technologies, Barron Lighting Group, Daisalux S.A., Wirepas, Hexmodal, Jiangsu Yaming Lighting Co. Ltd., HBI Lighting, Intellistreets.
Which Regions Will Dominate the Smart Emergency Wayfinding Lighting Market Through 2029?
North America was the largest region in the smart emergency wayfinding lighting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart emergency wayfinding lighting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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