Emergency Lighting Market Research Report Information By Components (Hardware, Software, and Services), By Power System (Self-Contained, Central, and Hybrid), By Battery Type (Ni–Cd, Ni–MH, LiFePO4, and Lead–Acid), By Light Source (Fluorescent, LED, Incandescent, and Induction), By Application (Residential, Commercial, and Industrial), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Industry Size, Share and Forecast Till 2030

Global Emergency Lighting Market Overview:

The Emergency Lighting Market Size was valued at USD 8.8 billion in 2022. The emergency lighting market industry is projected to grow from USD 9.4424 Billion in 2023 to USD 14.41055 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.30% during the forecast period (2023 - 2030). Some of the primary reasons driving market revenue growth include the rising number of construction projects and the increasing usage of emergency lights and entrance and exit signs in commercial and residential buildings, hotels and resorts, hospitals, and medical facilities, among others, are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Emergency Lighting Market Trends

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  Increasing the number of construction projects to boost the market growth

  
  

Emergency lighting is used to give illumination when the primary lighting system is damaged, fails, or lights have been switched off or when there are power outages, power shortages, natural catastrophes, or accidents. These lights are placed above or beside exit signs, egress paths, emergency lamps, and refuge zones to allow people to see and safely depart the area. Government rules in nations throughout the globe demand the deployment of emergency lights and signage near exits and emergency routes for appropriate lighting. There are three forms of escape lighting. The growing number of commercial and industrial building projects is driving the need for such lighting goods and consequently has enhanced the emergency lighting market CAGR globally in recent years.

For Instance, some of the regulations for testing and maintaining 'Exit and Emergency Lighting' systems around the world include the Occupational Safety and Health Administration (OSHA) Code of Federal Regulations, NFPA 70 - National Electric Code, NFPA 101 - Life Safety Code, International Fire Code, NFPA 1997 5-9.3, and Standard Fire Prevention Code 1999.

Moreover, rising urbanization across multiple nations and improved living conditions in various locations would likely stimulate demand for emergency lights throughout the study period, another factor driving the growth of the emergency lighting market revenue.

Emergency Lighting Market Segment Insights:

Emergency Lighting Components Insights

The Emergency Lighting Market segmentation, based on components, includes hardware, software, and services. The hardware category is predicted to account for a considerably largest revenue share in the Emergency Lighting Market revenue. Fluorescent lights, LED lighting, circuit boards, recharging circuits, and batteries are critical for emergency illumination. Depending on the system architecture, various batteries, such as sealed lead acid batteries, nickel-cadmium batteries, lithium ion-phosphate batteries, and nickel metal hydride batteries, are utilized to power the lights. Luminaire innovations are predicted to drive sales growth in this market from 2022 to 2030.

Emergency Lighting Power System Insights

Based on the power system, the Emergency Lighting Market segmentation includes self-contained, central, and hybrid. Throughout the projection period, the central power system sector held the majority share in 2022, contributing to around ~65-67% of the Emergency Lighting Market revenue. Central systems are resilient in a protected environment and perform ideally throughout a wide temperature range. Batteries are inexpensive because large-sized batteries are less expensive per unit and are utilized in lighting systems and power tools.

April 2020: ABB Ltd. introduced the Naveo Pro System, which enables customers to monitor and track their installation and maintenance needs via a mobile app.

Emergency Lighting Battery Type Insights

Based on battery type, the Emergency Lighting Market segmentation includes Ni–Cd, Ni–MH, LiFePO4, and Lead–Acid. The Li-ion battery category dominated the market, accounting for an expected 39% share in 2022. It is also predicted to have the highest CAGR throughout the projection period. This is due to Li-ion batteries' delayed self-discharge duration and low maintenance requirements compared to other batteries. Furthermore, rising government initiatives towards using Li-ion batteries, particularly in the APAC area, are adding to its rise for emergency lighting, positively impacting the market growth.

Emergency Lighting Light Source Insights

The light source has bifurcated the Emergency Lighting Market data into fluorescent, led, incandescent, and induction. In 2022, the fluorescent lighting category accounted for the largest revenue proportion of the Emergency Lighting Market. Fluorescent lights are the most extensively used for general illumination and emergency lighting. They provide good brightness, form and size flexibility, consume less energy than incandescent bulbs, and emit less heat.

Figure 1: Emergency Lighting Market, by Light Source, 2022 & 2030 (USD billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Emergency Lighting Application Insights

Based on Application, the global emergency lighting industry has been segmented into residential, commercial, and industrial. In 2022, the residential category accounted for the largest part of revenue. Residential structures require emergency lighting if conventional illumination fails due to an accident, fire, natural disaster, or other crisis. The rising population and increasing number of residential development projects are boosting emergency lighting usage in residences and are expected to improve sector revenue growth from 2022 to 2030.

Emergency Lighting Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific, Emergency Lighting market accounted for USD 4.0304 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The increasing number of residential, commercial, and industrial development projects in the region's countries is a major factor driving up the use of emergency lighting. For instance, Orient Electric, an Indian lighting manufacturing business, has introduced LED-based emergency light products for small workplaces and retail stores that supply up to 240 hours of backup power.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: Emergency Lighting Market SHARE BY REGION 2022 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America emergency lighting market accounts for the second-largest market share due to the Significant advancements in lighting technology and an increase in the usage of emergency lights in workplaces and other commercial locations, which are driving market revenue growth in North America. Large corporations are merging to diversify their portfolios and boost their market position. Further, the US emergency lighting market held the largest market share, and the Canada emergency lighting market was the fastest-growing market in the region

Europe emergency lighting market is expected to grow at the fastest CAGR from 2022 to 2030 due to the development of new emergency lights integrated with fire escape systems, as well as the presence of important businesses in the market in the region's countries, which are driving revenue growth in the Europe market. Further, the Germany emergency lighting market held the largest market share, and the UK emergency lighting market was the fastest-growing market in the European region

Emergency Lighting Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the emergency lighting market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the emergency lighting industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies manufacturers adopt in the global emergency lighting industry to benefit clients and expand the market sector is manufacturing locally to reduce operating costs. In recent years, emergency lighting industry has provided medicine with some of the most significant benefits. The emergency lighting market major player such as Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting Inc. (U.S.), Cooper Industries (Ireland), Schneider Electric Se (France), and others are working on expanding the market demand by investing in research and development activities.

Philips Lighting Holding B.V., now known as Signify N.V., is a global leader in lighting solutions, including emergency lighting. The company offers various emergency lighting products and services for commercial, industrial, and residential applications. Philips Lighting Holding B.V's emergency lighting portfolio includes exit signs, emergency luminaires, and central battery systems. In 2021, the company launched a new range of emergency luminaires, the Philips Zalux M, designed for industrial and commercial applications. The Zalux M range features high protection against dust and water, making it suitable for use in harsh environments.

Also, Schneider Electric SE is a multinational corporation that provides energy management and automation solutions, including emergency lighting systems. The company offers various emergency lighting products and services for commercial, industrial, and residential applications. Schneider Electric SE's emergency lighting portfolio includes exit signs, emergency luminaires, and central battery systems. For Instance, in December 2022, The Schneider Electric TBS-100 launched a control emergency lighting luminaires remotely. It is utilized in emergency lighting systems. When the main power is not present, this gadget allows the user to turn on and off the luminaires. Up to 100 luminaires can be linked together.

Key Companies in the emergency lighting market include

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  Philips Lighting Holding B.V. (Netherlands)

  
  


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  Hubbell Lighting Inc. (U.S.)

  
  


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  Cooper Industries (Ireland)

  
  


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  Schneider Electric Se (France)

  
  


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  Emerson (U.S.)

  
  


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  Legrand S.A. (France)

  
  


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  Acuity Brands (U.S.)

  
  


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  Beghelli S.P.A. (Italy)

  
  


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  Daisalux (Spain)

  
  


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  Zumtobel Group (Austria)

  
  

Emergency Lighting Industry Developments

June 2022: Energy Focus, Inc. has announced the inclusion of three major product lines in the LightFair 2022, which will be held at the Las Vegas Convention Center from June 21 to June 23, 2022. RedCap LED Emergency Battery Backup is a general-purpose illumination and emergency backup solution.

February 2021: Orient Electric Ltd has introduced a new line of emergency LED lighting solutions, including LED bulbs, LED battens, LED recess panels, and LED bulbs. During power outages, the lighting solutions provide a safe backup for illumination for up to 240 minutes when the light products come on automatically, allowing routine operations to continue.

Emergency Lighting Market Segmentation:

Emergency Lighting Components Outlook

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  Hardware

  
  


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  Software

  
  


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  Services

  
  

Emergency Lighting Power System Outlook

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  Self-Contained

  
  


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  Central

  
  


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  Hybrid

  
  

Emergency Lighting Battery Type Outlook

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  Ni–Cd

  
  


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  Ni–MH

  
  


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  LiFePO4

  
  


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  Lead–Acid

  
  

Emergency Lighting Light Source Outlook

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  Fluorescent

  
  


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  LED

  
  


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  Incandescent

  
  


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  Induction

  
  

Emergency Lighting Application Outlook

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  Residential

  
  


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  Commercial

  
  


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  Industrial

  
  

Emergency Lighting Regional Outlook

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  North America

  
  

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  US

  
  


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  Canada

  
  

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  Europe

  
  

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  Germany

  
  


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  France

  
  


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  UK

  
  


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  Italy

  
  


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  Spain

  
  


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  Rest of Europe

  
  

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  Asia-Pacific

  
  

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  China

  
  


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  Japan

  
  


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  India

  
  


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  Australia

  
  


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  South Korea

  
  


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  Australia

  
  


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  Rest of Asia-Pacific

  
  

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  Rest of the World

  
  

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  Middle East

  
  


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  Africa

  
  


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  Latin America