Emergency Lighting Market Outlook – 2030
The Emergency Lighting Market size was valued at $5.48 billion in 2020 and is projected to reach $10.73 billion by 2030, registering a CAGR of 6.9% from 2021 to 2030.
An emergency light is a battery-backed lighting device that self-powers and switches on automatically when the main power supply is cut and normal light falls. The death of the main power supply can be due to fire or a power cut and failure of normal lighting supplies. The newly constructed offices and houses among others have installed emergency lights installed in it. It also has residential, commercial, and industrial applications.
Incorporating LEDs in red or green exit signs has been one of the most essential technological advancements in emergency lighting. Most exit signs in the emergency lighting industry now practice emergency lighting technology as it has enhanced cost-competitive when compared to other traditional illumination sources, is long-lived, and is more energy-efficient. This emergency lighting is also required in public places such as education institutions, healthcare centers, industrial buildings, and other public places so that individuals can be evacuated safely in the time of emergency.
Factors such as the growing government initiatives to support the adoption of energy-efficient lighting solutions, the growing number of construction projects across the world, and the rise in the adoption of energy-efficient lighting products are expected to drive the growth of the market in the future. However, high capital investment and operational costs act as major barriers and hamper the market growth. Furthermore, factors such as the constant developments in technologies and the growing demand for software for effectively monitoring and controlling the lights across the globe are expected to offer lucrative opportunities for growth in the market.
Key Takeaways
- The global market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1,500 product literature, industry releases, annual reports, and other such documents of major market industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.
Segment Overview
The emergency lighting market is analyzed by offering, power system, lighting type, application, and region. By Offering the market is divided into Hardware, Software, and Services. Power System, the market is divided into Self-Contained Power Systems, Central Power Systems, and Hybrid Power Systems. By lighting type, the market is divided into fluorescent lighting, LED, incandescent, and others (Cathode, Halogen, Induction). By application, it is divided into residential, industrial, and commercial. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.
By Offering
Software segment is projected as one of the most lucrative segments.
Competitive Analysis
Competitive analysis and profiles of the major emergency lighting market players in the report include Acuity Brands, Syska, Daisalux, Eaton Corporation, Hubbel Lighting Inc, Legrand, Osram Licht Ag, Philips Lighitng Holding B.V, Schneider Electric SE, and Zumtobel Group. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
By Power System
Self-Contained Power System segment is projected as one of the most lucrative segments.
Regional/Country Market Outlook
- North America: The emergency lighting market in North America is driven by strict safety regulations, particularly in the U.S. and Canada. The region’s well-established infrastructure, along with the growing emphasis on energy-efficient lighting solutions such as LED technology, is fostering market growth. Increasing awareness about safety in both commercial and residential sectors, along with advancements in smart building technologies, further accelerates the demand for emergency lighting systems.
- Europe: Europe holds a significant share in the emergency lighting market due to stringent regulations on building safety and energy efficiency standards. Countries like Germany, the UK, and France are leading in the adoption of innovative emergency lighting solutions. The push towards green building certifications and sustainability goals, as well as the modernization of aging infrastructure, are key factors supporting the market's growth in Europe.
- Asia-Pacific: Asia-Pacific dominates the emergency lighting market, driven by rapid urbanization and industrialization in major countries such as China, India, and Japan. The region’s expanding construction activities, along with the growing adoption of energy-efficient and smart lighting solutions, are key growth drivers. Government initiatives aimed at improving infrastructure and ensuring public safety also boost the demand for emergency lighting in this region.
- LAMEA: In LAMEA, the emergency lighting market is experiencing moderate growth due to ongoing infrastructure development and increasing investments in commercial and industrial projects. The Middle East, in particular, is seeing significant demand driven by the construction of new commercial complexes and smart cities. Meanwhile, Latin America is gradually adopting advanced lighting solutions due to increasing awareness and safety regulations in high-traffic areas such as hospitals and shopping centers.
By Lighting Type
LED segment is projected as one of the most lucrative segments.
Top Impacting Factors
The significant impacting factors in the global emergency lighting market growing government initiatives to support the adoption of energy-efficient lighting solutions, the growing number of construction projects across the world, and the rise in the adoption of energy-efficient lighting products are expected to drive the growth of the market in the future. However, high capital investment and operational costs act as major barriers and hampers the market growth. Furthermore, factors such as the constant developments in technologies and the growing demand for software for effectively monitoring and controlling the lights across the globe are expected to offer lucrative opportunities for growth of the market. Each of these factors is anticipated to have a definite impact on the global emergency lighting market during the forecast period.
By Application
Industrial segment is projected as one of the most lucrative segments.
Growing Government Initiatives to Support the Adoption of Energy-Efficient Lighting Solutions.
Growing government initiatives will reduce countries’ GHG emissions, generate significant economic benefits, enhance energy security, and improve people’s well-being. For instance, in January 2010, enlighten was formed to leverage this opportunity with a lighting initiative, enlighten aimed to accelerate a global market transformation to energy-efficient lighting technologies, as well as to develop strategies to transition to energy-efficient lamps. It was a public-private partnership (PPP) between the UN Environment, OSRAM, and Philips Lighting, supported by the Global Environment Facility (GEF). As part of the partnership, the National Lighting Test Centre of China established the Global Efficient Lighting Centre (GELC), and the Australian Government supported developing countries in Southeast Asia and the Pacific. The initiative supports countries in their transition to the use of energy-efficient lighting, appliances, and equipment. This growth factor will help governments to drive the growth of the market.
Various Design-related Issues
The custom design comes with a higher first cost, in the purchase of additional equipment for an installation. This later leads to higher installation and commissioning costs, due to the time to set the controls system correctly. Further, to manage the system, the customer may require an expert consultant or technician to provide the knowledge of the system. Switching from a custom design to a company-made design may cost extra errands for the setup. Local production of emergency lights may affect their business due to such restraints.
By Region
Asia-Pacific would exhibit the highest CAGR of 8.0% during 2020-2030
Report Coverage & Deliverables
This report delivers in-depth insights into the emergency lighting market, offering, power system, lighting type, application and region, and key strategies employed by major players. It offers detailed market forecasts and emerging trends.
Offering Insights
Hardware includes physical components like devices and equipment, while software focuses on the operational control and management of these devices. Services encompass the installation, maintenance, and consulting support provided to ensure optimal system performance. The integration of these offerings enables the development of comprehensive solutions that meet various emergency lighting market demands.
Power System Insights
Self-Contained Power Systems operate independently, typically used in smaller installations, while Central Power Systems provide centralized energy control and distribution, suitable for larger setups. Hybrid Power Systems combine both approaches, offering flexibility and efficiency, often favored for their adaptability to varying power requirements.
Lighting Insights
LED lighting dominates the market due to its energy efficiency and long lifespan, while fluorescent lighting is still utilized in many commercial settings. Incandescent lighting is being phased out but remains in use for specific applications. Other lighting technologies cater to niche emergency lighting market requirements.
Application Insight
The residential segment sees demand for energy-efficient and smart solutions, while the industrial segment focuses on durable, high-performance systems. The commercial segment requires adaptable and scalable solutions to meet varying operational needs, with an emphasis on energy savings and long-term reliability.
Regional Insights
The Asia-Pacific region dominates the Emergency Lighting market due to rapid urbanization, industrial growth, and increasing infrastructure development across countries like China, India, and Southeast Asian nations have significantly boosted the demand for emergency lighting systems. Additionally, the region's growing focus on safety regulations and the implementation of stringent building codes have further accelerated market adoption. The rise of smart cities and advancements in energy-efficient lighting technologies, particularly LED systems, also contribute to the strong market presence in Asia-Pacific.
Key Strategies and Developments
- In February 2024, NVC Lighting launched its inaugural integrated marketing communications campaign to promote its new dedicated emergency lighting range. The campaign, titled ‘Choose LiFe,’ was designed to highlight the extensive product offerings within the LiFe range, showcasing its key features and benefits to electrical contractors, wholesalers, commercial building owners, and facilities managers. Over the subsequent months, NVC Lighting promoted the range extensively through a multi-channel approach, utilizing digital, print, and social media platforms to raise awareness and engagement with the new LiFe product line.
- In February 2023, ABB announced to divest the emergency lighting business. The company inherited a comprehensive portfolio of emergency lighting brands throughout the world. The ABB emergency lighting solutions include U.S. brands such as Emergi-Lite and Lightalarms as well as Canadian brands such as Lumacell and Ready-Lite. The Emergi-Lite brand goes to market in other regions including Canada, the UK, the Middle East, and Asia while VanLien, Kaufel, and ABB-branded emergency lighting products are sold throughout other parts of Europe.
Key Benefits for Stakeholders
- This study comprises an analytical depiction of the emergency lighting market size, and emergency lighting market growth along with the current trends and future estimations to depict imminent investment pockets.
- The overall emergency lighting market analysis and emergency lighting market outlook are determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and emergency lighting market opportunities with a detailed impact analysis.
- The present emergency lighting market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and the sensor market share of key vendors.
- The report includes the market trends, emergency lighting market size, and the emergency lighting market share of key vendors.
Emergency Lighting Market Report Highlights
Aspects | Details |
By Offering |
|
By Power System |
|
By Lighting Type |
|
By Application |
|
By Region |
|
Analyst Review
The emergency lighting market is competitive, owing to strong presence of existing vendors. emergency lighting companies, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the market requirements. Competitive environment in the emergency lighting market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by firms.
The emergency lighting market holds a substantial scope for growth on a global scale. Recent discoveries and innovations have created vast opportunities for numerous players to step in the emergency lighting market.
Increase in focus of manufacturing companies to improve safety and security by offering and surge in demand for IoT based system and devices drive the market growth. Lack of awareness and limited life spanis the biggest limitation for the market growth.
Surge in competition and reduced awareness among small scale manufactures are the key factors that hamper growth of the market. Increase in awareness for need of emergency lighting and rise in concerns for safety and quality are the factors opportunistic for the emergency lighting market growth.
The emergency lighting market is estimated to grow at a CAGR of 6.9% from 2021 to 2030.
The emergency lighting market is projected to reach $10.73 billion by 2030.
To get the latest version of sample report
Constant developments in technologies and the growing demand for software for effectively monitoring and controlling the lights.
The key players profiled in the report include Acuity Brands, Syska, Daisalux, Eaton Corporation, Hubbel Lighting Inc, Legrand, and many more.
On the basis of top growing big corporations, we select top 10 players.
The emergency lighting market is segmented on the basis of offering, power system, lighting type, application and region.
The key growth strategies of emergency lighting market players include product portfolio expansion, mergers & acquisitions, agreements, regional expansion, and collaboration.
Software segment would grow at a highest CAGR of 9.0% during the forecast period.
Industrial segment will dominate the market by the end of 2030.
Loading Table Of Content...