Emergency Lighting Market is predicted to reach USD 14.41 billion at a CAGR of 7.30% during the forecast period

Market Research Future has published a Half-Cooked Research Report on the "Global Emergency Lighting Market".

MRFR recognizes the following companies as the key players in the global Emergency Lighting Market Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting Inc. (U.S.), Cooper Industries (Ireland), Schneider Electric Se (France), Emerson (U.S.), Legrand S.A. (France), Acuity Brands (U.S.), Beghelli S.P.A. (Italy), Daisalux (Spain), and Zumtobel Group (Austria

Emergency Lighting Market Highlights

The global Emergency Lighting Market is accounted to register a CAGR of 7.30% during the forecast period and is estimated to reach USD 14.41 billion by 2032

The global emergency lighting market refers to the industry involved in the production, distribution, and installation of lighting systems designed for use during emergencies or power outages. These lighting systems are essential for providing illumination and ensuring safety in various settings, such as buildings, industrial facilities, commercial spaces, and public areas, when regular power supply fails.

Segment Analysis

The global Emergency Lighting Market has been segmented based Components, Power System, Battery Type.

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 2024 to 2032.

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.

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.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Emergency Lighting Market Research Report

Regional Analysis

The global Emergency Lighting Market, based on region, has been divided 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.

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

Key Findings of the Study

• The global Emergency Lighting Market is expected to reach USD 14.41055 billion by 2032 at a CAGR of 7.30% during the forecast period.


• 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.


• 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.


• Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting Inc. (U.S.), Cooper Industries (Ireland), Schneider Electric Se (France), Emerson (U.S.), Legrand S.A. (France), Acuity Brands (U.S.), Beghelli S.P.A. (Italy), Daisalux (Spain), and Zumtobel Group (Austria)