According to a new report published by Reports Monitor titled, “Emergency Lighting Market by power system, light source, battery type, offering and by Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the emergency lighting market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the emergency lighting market, in terms of value and is expected to maintain this trend throughout the forecast period.
Self-diagnostic system is one of the very popular and widely used emergency lighting products which perform couple of functions such as unit performance, verification of its operation and intimation of problems; this fuels the growth of the market.
Rapid construction and urbanization in developing economies are raises the demand of emergency lightning market.
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Growing government support to aware consumer about importance of emergency light can boost the market.
Features of emergency lighting products such as cost competitive, energy efficient and long-lived are helps consumer to choose this product over traditional illuminating product.
Rising investment on research & development of this market brings innovative products that are preferable over traditional one, this can helps to grot h market at higher rate.
Lack of standardization and designing of the emergency lightings are challenges faced by the market.
Heavy capital investment and cost intensive operation are some of the factors can restraints the growth of the market.
Rising investment on research & development of this market brings innovative products that are preferable over traditional one, this can helps to grot h market at higher rate.
Key Findings
• LifePO4 battery is expected to grow at higher rate in the battery segment due to advantages such as light weight, long life and high temperature resistance.
• LED light source is anticipated to grow at higher pace as prices of LEDs are declining and it is energy efficient.
• Commercial segment contribute higher share owing high adaptation of the product.
• North America dominates the emergency lighting market followed by Europe region.
• Asia-Pacific is expected to be very lucrative market for as growing construction activities led to higher growth of the market.
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The major companies profiled in the report include: Hubbell Lighting Inc., Cooper Industries, Philips Lighting Holding B.V., Schneider Electric SE, Emerson, Legrand S.A., Acuity Brands, Beghelli S.p.A., Daisalux, Zumtobel Group, OSRAM Licht AG, Digital Lumens, Fulham Co. Inc., Arrow Emergency Lighting Limited, Taurac and Arts Energy.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1. Introduction
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
3.6. Market Overview
4. Power System Overview
4.1. Introduction
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Central
4.2.2. Self-contained
4.2.3. Hybrid
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
5. Light Source Overview
5.1. Introduction
5.2. Market Size & Forecast, 2015 to 2025
5.2.1. LED
5.2.2. Fluorescent
5.2.3. Induction
5.2.4. Incandescent
5.2.5. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
6. Battery Type Overview
6.1. Introduction
6.2. Market Size & Forecast, 2015 to 2025
6.2.1. Ni-CD
6.2.2. LifePO4
6.2.3. Ni-MH
6.2.4. Lead-acid
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
7. Offering Overview
7.1. Introduction
7.2. Market Size & Forecast, 2015 to 2025
7.2.1. Software
7.2.2. Hardware
7.2.3. Services
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
8. Application Overview
8.1. Introduction
8.2. Market Size & Forecast, 2015 to 2025
8.2.1. Residential
8.2.2. Commercial
8.2.3. Industrial
8.2.4. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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