What is the current Emergency Lighting Market size?

The Emergency Lighting Market is projected to register a CAGR of 7.22% during the forecast period (2024-2029) Read More

Who are the key players in Emergency Lighting Market?

EATON CORPORATION, Emerson Electric Co., Schneider Electric, Hubbell Lighting Inc. and Legrand SA are the major companies operating in the Emergency Lighting Market. Read More

Which is the fastest growing region in Emergency Lighting Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Emergency Lighting Market?

In 2024, the North America accounts for the largest market share in Emergency Lighting Market. Read More

What years does this Emergency Lighting Market cover?

The report covers the Emergency Lighting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Emergency Lighting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Emergency Lighting Market Trends

Statistics for the 2023 & 2024 Emergency Lighting market trends, created by Mordor Intelligence™ Industry Reports. Emergency Lighting trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Emergency Lighting Industry

This section covers the major market trends shaping the Emergency Lighting Market according to our research experts:

LEDs Are Expected to Witness Significant Growth

The increasing government policies, such as ban in the usage of incandescent light, and the energy-efficient and cost-saving nature of LEDs, are increasing the penetration of LEDs. Moreover, LEDs are highly controllable, as the integrity of LEDs can vary based on the requirements when integrated with a driver.
For instance, in April 2018, the Council of Australian Government's Energy Ministers announced to replace halogen lamps with LED lamps, to improve energy efficiency.
Also, the Indian government's initiative of 'AHO', i.e., Automatic Headlamp On, is a safety measure used in two-wheelers where the headlights are kept on throughout the day, which makes the spotting of two-wheelers easy.
LEDs in the industrial environment can help in saving up to 70%. As LEDs are highly controllable, the integration of LEDs with the security industry is expected to have a significant impact on the emergency lighting market.

Emergency Lighting Market: Penetration of LED Lighting Share (%) Global 2013-2018

Understand The Key Trends Shaping This Market

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Asia-Pacific Region is Expected to Register a Faster Growth

The Asia-Pacific region is expected to have the highest growth rate, over the forecast period. The governments in the Asia-pacific countries are actively promoting the adoption of emergency lighting, which is leading to the growth of the market.
Various government flagship programs, including Housing for All, Atal Mission for Urban Rejuvenation and Transformation (AMRUT), Make in India, and Power for All, are expected to drive the growth of emergency lighting in the region.
The rapid urbanization in developing countries, such as India, China, Japan, and South Korea, is also leading to an increase in construction. A significant infrastructure spending is witnessed in Australia, Hong Kong, the Philippines, Singapore, Taiwan, Thailand, Myanmar, and Vietnam.