An emergency light is a battery-backed lighting device that switches on automatically when a building experiences a power outage. Emergency lights are standard in new commercial and high occupancy residential buildings, such as college dormitories, apartments, and hotels. The global Emergency Lights market is expected to rise at a significant rate over the next few years.
The increasing adoption of LED along with the several combinations of emergency lights with aesthetic lights has boosted the growth global Emergency Lights market. Additionally, other important factors such as the increasing number of construction projects in various countries and the modern technological developments in the lighting industry are intensifying the growth of the global Emergency Lights market.
Furthermore, governments of many countries are looking forward to building the first-class infrastructure in their respective countries to attract investors. In addition to this, many countries have announced the building of several smart cities and many smart projects. These projects are supposed to have emergency lighting systems integrated with them. This rush to attract investors is one of the key factors that are escalating the growth of the global emergency lights market.
On the other hand, high capital cost and maintenance cost, design-related issues, and lack of standardization are some main factors that hamper the overall growth of the global emergency lights market. Besides this, the adoption of better safety standards, incorporation of smart technologies in the lighting industry, and untapped potential in emerging markets are creating various growth opportunities for the global emergency lights market.
Covid-19 Impact on Emergency Lights Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Emergency Lights Market Segment Overview
Based on Power System, the Self-Contained segment is estimated to witness the largest share of the emergency lights market throughout the forecast period. Self-contained batteries provide the required emergency lighting from a decentralized source, independent of the central battery system. According to Light Source, the LED segment is projected to witness the highest CAGR in the coming period. LEDs are energy-efficient and their price has been decreasing for the last few years. Therefore, they are largely utilized for emergency lighting systems. By Application, the Residential segment accounts for the maximum market share over the forecast period. The important factors such as the increasing construction of residential buildings and apartments in the APAC and the Middle East and Africa regions are boosting the growth of this segment.
Emergency Lights Market, By Power System
· Self-Contained
· Central
· Hybrid
Emergency Lights Market, By Light Source
· Fluorescent
· LED
· Incandescent
· Induction
· Others
Emergency Lights Market, By Application
· Residential
· Commercial
· Industrial
· Others
Emergency Lights Regional Overview
Region-wise, Asia Pacific is expected to emerge as a significant region in the overall Emergency Lights market. This can be mainly attributed to several key factors such as the multiple government projects to attract more investors to invest in the country. These projects have emergency lights as one of the important parameters to ensure that they are associated with the new smart city program of the government. Owing to these smart cities project in several countries of the Asia Pacific region, the emergency lights market is experiencing incredible growth during the forecast period. Moreover, with growing urbanization in countries like India, China, South Korea, and Japan the emergency lights market growth is boosted to a great extent in this region.
Emergency Lights Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Emergency Lights Market, Key Players
· Schneider Electric SE
· Osram Licht AG
· Eaton Corporation plc
· Signify Holding
· Syska LED Lights Pvt Ltd.
· Zumtobel Group AG
· Hubbell Incorporated
· Acuity Brand Inc.
· Legrand S.A.
· Daisalux S.A.U.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Emergency Lights Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Power System
- 5.2.1. Self-Contained
- 5.2.2. Central
- 5.2.3. Hybrid
- 5.3. Market Analysis, Insights and Forecast – By Light Source
- 5.3.1. Fluorescent
- 5.3.2. LED
- 5.3.3. Incandescent
- 5.3.4. Induction
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Residential
- 5.4.2. Commercial
- 5.4.3. Industrial
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Emergency Lights Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Power System
- 6.2.1. Self-Contained
- 6.2.2. Central
- 6.2.3. Hybrid
- 6.3. Market Analysis, Insights and Forecast – By Light Source
- 6.3.1. Fluorescent
- 6.3.2. LED
- 6.3.3. Incandescent
- 6.3.4. Induction
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Residential
- 6.4.2. Commercial
- 6.4.3. Industrial
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Emergency Lights Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Power System
- 7.2.1. Self-Contained
- 7.2.2. Central
- 7.2.3. Hybrid
- 7.3. Market Analysis, Insights and Forecast – By Light Source
- 7.3.1. Fluorescent
- 7.3.2. LED
- 7.3.3. Incandescent
- 7.3.4. Induction
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Residential
- 7.4.2. Commercial
- 7.4.3. Industrial
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Emergency Lights Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Power System
- 8.2.1. Self-Contained
- 8.2.2. Central
- 8.2.3. Hybrid
- 8.3. Market Analysis, Insights and Forecast – By Light Source
- 8.3.1. Fluorescent
- 8.3.2. LED
- 8.3.3. Incandescent
- 8.3.4. Induction
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Residential
- 8.4.2. Commercial
- 8.4.3. Industrial
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Emergency Lights Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Power System
- 9.2.1. Self-Contained
- 9.2.2. Central
- 9.2.3. Hybrid
- 9.3. Market Analysis, Insights and Forecast – By Light Source
- 9.3.1. Fluorescent
- 9.3.2. LED
- 9.3.3. Incandescent
- 9.3.4. Induction
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Residential
- 9.4.2. Commercial
- 9.4.3. Industrial
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Schneider Electric SE
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Osram Licht AG
- 10.6. Eaton Corporation plc
- 10.7. Signify Holding
- 10.8. Syska LED Lights Pvt Ltd.
- 10.9. Zumtobel Group AG
- 10.10. Hubbell Incorporated
- 10.11. Acuity Brand Inc.
- 10.12. Legrand S.A.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
