The global emergency lighting market size reached USD 5.97 Billion in 2021 and is expected to register a revenue CAGR of 6.31% during the forecast period, according to latest analysis by Emergen Research. Increasing number of residential and commercial construction projects and expanding hospitality industry infrastructure are key factors driving market revenue growth.

The researchers find out why sales of Emergency Lighting are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2022 to 2030. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Emergency Lighting industry.

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The key companies studied in the report are:

Koninklijke Philips N.V., General Electric Company, Panasonic, OSRAM GmbH, Schneider Electric, Citizen Electronics Co., Ltd., Toshiba Corporation, Orient Electric Limited, Energy Focus, Inc., and Nichia Corporation

The Global Emergency Lighting Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Emergency Lighting market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Emergency Lighting industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Emergency Lighting market.

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The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Emergency Lighting market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

Emergen Research has segmented global emergency lighting market on the basis of power system, component, lighting type, end-use, and region:

• Power System Outlook (Revenue, USD Billion; 2019-2030)

  • Central Power System
  • Hybrid Power System
  • Self-Contained Power System

• Component Outlook (Revenue, USD Billion; 2019-2030)

  • Hardware
    1. Lights and Luminaries
    2. Control Systems
    3. Others
  • Software
  • Services

• Lighting Type Outlook (Revenue, USD Billion; 2019-2030)

  • Light-Emitting Diode (LED)
  • Fluorescent Lighting
  • Incandescent
  • Induction
  • Others

• End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Residential
  • Industrial
  • Commercial

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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