The global emergency light stick market size reached US$ 112.4 Billion in 2023. Looking forward, the market is projected to reach US$ 169.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.69% during 2023-2032. Increasing number of events, the launch of innovative product variants, and government initiatives to promote the use of energy efficient lighting solutions represent some of the key factors driving the market.
An emergency light stick is designed to provide illumination in situations wherein the primary lightning system fails or has been turned off. It is also used as a backup light source during power outages, power shortages, natural disasters, and other emergency situations. It is made of a durable plastic tube that contains a chemical mixture and a glass vial or ampoule that holds a small amount of luminol. It is activated by bending and breaking the stick, which causes a chemical reaction that produces light. As it is convenient, reliable, and cost-effective, the demand for emergency light stick is escalating across the globe.
In addition, the growing number of night time events and live concerts is catalyzing the demand for emergency light sticks to provide additional lighting and enhance safety and visibility. Apart from this, the expanding number of hospitals, institutions, hotels, offices, and other commercial spaces is positively influencing the demand for emergency light sticks worldwide.
Furthermore, product manufacturers are introducing innovative product variants that offer longer duration, multiple colors, and different modes with rechargeable batteries. They are also focusing on launching waterproof and wireless emergency light sticks that enable them to be controlled remotely. Leading players are using light emitting diode (LED) technology that is more energy efficient and long lasting as compared to traditionally used incandescent bulbs.
Besides this, due to the increasing instances of natural disasters, emergency light sticks are gaining adoption in areas prone to hurricanes, earthquakes, floods, and other severe weather conditions. These sticks help navigate and find ways in the dark and provide a source of light in these situations. Additionally, measures undertaken by governments of numerous countries to promote the use of energy efficient lighting solutions are creating a positive outlook for the market.
An emergency light stick is designed to provide illumination in situations wherein the primary lightning system fails or has been turned off. It is also used as a backup light source during power outages, power shortages, natural disasters, and other emergency situations. It is made of a durable plastic tube that contains a chemical mixture and a glass vial or ampoule that holds a small amount of luminol. It is activated by bending and breaking the stick, which causes a chemical reaction that produces light. As it is convenient, reliable, and cost-effective, the demand for emergency light stick is escalating across the globe.
Emergency Light Stick Market Trends
The increasing use of emergency light sticks in remote areas wherein traditional lighting sources are unavailable and unreliable represents one of the major factors bolstering the market growth around the world. Moreover, the rising popularity of emergency light sticks for outdoor activities, such as camping, hiking, and boating, is favoring the market growth.In addition, the growing number of night time events and live concerts is catalyzing the demand for emergency light sticks to provide additional lighting and enhance safety and visibility. Apart from this, the expanding number of hospitals, institutions, hotels, offices, and other commercial spaces is positively influencing the demand for emergency light sticks worldwide.
Furthermore, product manufacturers are introducing innovative product variants that offer longer duration, multiple colors, and different modes with rechargeable batteries. They are also focusing on launching waterproof and wireless emergency light sticks that enable them to be controlled remotely. Leading players are using light emitting diode (LED) technology that is more energy efficient and long lasting as compared to traditionally used incandescent bulbs.
Besides this, due to the increasing instances of natural disasters, emergency light sticks are gaining adoption in areas prone to hurricanes, earthquakes, floods, and other severe weather conditions. These sticks help navigate and find ways in the dark and provide a source of light in these situations. Additionally, measures undertaken by governments of numerous countries to promote the use of energy efficient lighting solutions are creating a positive outlook for the market.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global emergency light stick market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on product and application.Product Insights:
- Chemiluminescent Emergency Light Sticks
- Battery-Operated Emergency Light Sticks
Application Insights:
- Hospital
- Cinema
- School
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global emergency light stick market. Detailed profiles of all major companies have also been provided. Some of the companies covered include American Outdoor Brands Inc., Coghlan's Ltd, Cyalume Technologies Inc., Dorcy International Inc., Lumica USA Inc, Nite Ize Inc., Orion Safety Products, UV Paqlite, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
- How has the global emergency light stick market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global emergency light stick market?
- What are the key regional markets?
- Which countries represent the most attractive emergency light stick markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global emergency light stick market?
- Who are the key players/companies in the global emergency light stick market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Emergency Light Stick Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- American Outdoor Brands Inc.
- Coghlan's Ltd
- Cyalume Technologies Inc.
- Dorcy International Inc.
- Lumica USA Inc
- Nite Ize Inc.
- Orion Safety Products
- UV Paqlite
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 112.4 Billion |
Forecasted Market Value ( USD | $ 169.8 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |