The greater attention paid to safety and regulatory compliance may be one of the most important drivers of market size. Governments are passing severe rules and construction codes that require the installation of emergency lights in a variety of structures, from commercial buildings to residential complexes. This legal effort provides a baseline level of safety and preparation, encouraging companies and people to invest in dependable emergency lighting systems.
Another significant industry trend is technological progress. LED technology adoption has transformed emergency lighting by providing solutions that are not only brighter and more efficient but also ecologically benign. LED-based emergency lights use less energy, last longer, and offer consistent lighting during power outages.
The bigger trend of smart technology has also infiltrated the emergency lighting sector. The incorporation of sensors, networking features, and automation capabilities into emergency lighting systems improves their functionality. Smart emergency lighting enables real-time monitoring, remote control, and seamless connection with other smart building technologies. The quest for more sophisticated and sensitive safety systems capable of adapting to dynamic emergency conditions is driving this development.
The multiple uses of emergency lights in various industries also affect market factors. Traditionally associated with commercial buildings, the need for emergency lighting has grown into industrial sites, healthcare institutions, educational campuses, and residential neighborhoods.
The economy and building sector developments both have an impact on the emergency lighting market. Economic expansion and increasing building activity are frequently associated with increased need for emergency lighting solutions. The necessity for compliant and effective emergency lighting becomes a vital part of the overall safety strategy when new buildings and infrastructure projects are created. Variations in the construction sector, on the other hand, might have an impact on the market, impacting both the rate of adoption and innovation in the emergency lighting business.
Natural disasters and climate-related events, for example, influence market dynamics. The events' regularity and severity underline the critical necessity for dependable emergency lighting systems in disaster-prone locations.
The market's competitive dynamics also have a substantial impact on its trajectory. The existence of established firms with a track record of supplying trustworthy solutions competes with younger entrants' inventiveness. This rivalry encourages a never-ending cycle of research and development, forcing firms to enhance their goods, cut prices, and stay on top of emerging trends. Collaboration and collaborations within the industry help to boost innovation by merging resources and expertise to create cutting-edge solutions.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 8.8 Billion |
Market Size Value In 2023 | USD 9.4424 Billion |
Growth Rate | 7.30% (2023-2030) |
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 2032, exhibiting a compound annual growth rate (CAGR) of 7.30% during the forecast period (2024 - 2032). 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 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.
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.
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.
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.
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
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.
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 2: 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
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.
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)
Zumtobel Group (Austria)
October 2023: With the all-new extreme off-road Emergency Light Kit featuring Infrared (IR) and Blackout, the Polaris GENERAL XP 1000, which combines the unrivaled performance of RZR with the hardworking utility of RANGER, is now prepared for any situation. The durable light system, which comes mounted on a four-seat General XP 4 1000 UTV, will make its public premiere from October 14–17 at the International Association of Chiefs of Police (IACP) Conference and Exposition in San Diego, California.
Additionally, the Polaris XPEDITION, which debuted in June 2023, will make its debut at IACP. The Polaris XPEDITION is a first-of-its-kind crossover side-by-side that combines the all-terrain capabilities of conventional side-by-sides with the comfort and load capacity usually associated with overlanding. With a fuel range of more than 200 miles, a payload capacity of 1,160 pounds, and a towing capability of 2,000 pounds, the vehicle is built to hold more equipment and provide better weather protection. Visitors can also see a three-seat RANGER XP 1000 NorthStar with emergency lighting and a rescue skid on show at the Polaris exhibit. Additionally, the all-electric RANGER XP Kinetic, which has a standalone emergency light system, will be available for hands-on inspection.
A 50-inch tactical lightbar, a 35-inch lightbar, and integrated emergency lights around the vehicle body make up the new robust Emergency Light Kit with IR and Blackout, which offers a complete 360-degree package in a variety of color combinations. When discretion is required, infrared and blackout light solutions provide law enforcement officers the assurance and readiness they need to carry out their duties. For effective communication and vehicle warning, the emergency light package also includes a digital control panel with PA system and a 100W siren speaker. When a car is equipped with PriorityStart, low voltage is recognized and the battery is immediately unplugged to help restart the car when it is most required.
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.
Schneider Electric received accolades in the category of ‘Outstanding Contribution to Sustainability and Efficiency’ at the DCS Awards in November 2021, as well as a special project award for “Sustainability in the Data Center Project of the Year” with Elite Partners Advanced Power Technology. The effort was a joint venture involving Newcastle City Council's modernization program focusing on reducing carbon emissions through energy-efficient technologies as part of its broader digital transformation initiative.
The acquisition of Sparta Systems by Honeywell was concluded to cost USD1303 million in February 2021, further consolidating its position as an industrial automation company, digital transformation solutions provider, and enterprise performance management software provider. Honeywell’s Performance Materials and Technologies segment included this acquisition, thereby contributing to its strategic growth.
Orient Electric made significant progress entering into the smart lighting sector by unveiling a variety of types of LED emergency lights in February 2021. These lamps provide up to four hours of illumination during blackouts and exist in several forms, such as LED bulbs, LED strips, LED recessed plates, and bulkheads. They work like other normal sources of light before changing over into an emergency mode, where they illuminate following sudden power interruptions. Orient Electric has entered this booming market for smart lighting products aimed at bolstering sales volumes.
Energy Focus Inc. announced showcasing three core product lines at the Las Vegas Convention Centre from June twenty-one to twenty-three LightFair 2022 in Las Vegas between June 21 and June 23, 2022. Among these products is a general-purpose lighting device with integrated tubular LEDs and RedCap LED emergency battery backup. This tube also serves as a normal light source and maintains operations during power outages. The time and effort required for maintenance are reduced by this device since it does not need any light sources or emergency ballasts.
Hardware
Software
Services
Self-Contained
Central
Hybrid
Ni–Cd
Ni–MH
LiFePO4
Lead–Acid
Fluorescent
LED
Incandescent
Induction
Residential
Commercial
Industrial
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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