Emergency Lighting - Global Strategic Business Report

The global market for Emergency Lighting is estimated at US$5.9 Billion in 2023 and is projected to reach US$9.6 Billion by 2030, growing at a CAGR of 7.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the emergency lighting market is driven by several factors. Stringent safety regulations and building codes in many countries mandate the installation and maintenance of emergency lighting systems in commercial, industrial, and residential buildings. The increasing focus on workplace safety and the rising awareness of the importance of emergency preparedness are also significant drivers. Technological advancements, such as the widespread adoption of energy-efficient LEDs and smart lighting systems, have made emergency lighting more effective and cost-efficient, encouraging wider adoption. The expansion of infrastructure projects, particularly in developing regions, is further boosting the demand for emergency lighting solutions. Additionally, the growing prevalence of natural disasters and the heightened need for resilient safety systems in public spaces and high-occupancy buildings are propelling market growth. These factors, combined with continuous innovation in lighting technology, are ensuring robust expansion of the emergency lighting market, making it an integral part of modern building safety systems.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the LED Emergency Lighting segment, which is expected to reach US$5.0 Billion by 2030 with a CAGR of a 8.0%. The Fluorescent Emergency Lighting segment is also set to grow at 7.4% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.8 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $1.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Emergency Lighting Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Emergency Lighting Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Emergency Lighting Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as ABB Ltd., ams AG, Acuity Brands Lighting Inc., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 131 Featured):

• ABB Ltd.
• ams AG
• Acuity Brands Lighting Inc.
• Argus Fire Protection Ltd.
• ARTS Energy
• Concorde Battery Corporation
• Bruce Aerospace
• Anabas (UK 2) Ltd.
• ATS Traffic
• Danson Electronics Pty Limited
• All Protect Systems
• Baxters Pty Limited
• BIPALED s.r.l.
• Akari Lighting & Technology Corp.
• Co Ban Kiat Hardware, Inc.