LED Emergency Lighting Market Analysis Report, Size, Share, Trends, Growth, Demand, Forecast, Research, Applications, Types and Outlook 2027
The latest market
intelligence study on the LED Emergency Lighting market applies the best of
both primary and secondary research techniques to bring to light the growth
rate of the LED Emergency Lighting market for the forecast period, 2020 – 2027.
The comprehensive study covers hard to find facts about the market landscape as
well as its growth prospects in the years to come. Most importantly, the
research report includes vital statistics about the major vendors occupying a
strong foothold in this industry. Besides this, in order to calculate the
market share, the study takes a closer look at the selling price of the product
across different regions.
However, high costs of
emergency lighting solutions and its installations is restraining growth of the
global LED emergency lighting market. Nonetheless, rising adoption of energy efficient
lights is estimated to offer opportunities for growth of the LED emergency
lighting market in the coming future.
Key Highlights from Report
- The surface mount sub-segment is
estimated to dominate the LED emergency lighting market is estimated to expand
at a CAGR of 6.9% during the forecast period. This growth is attributable
to the excellent properties such as smaller size, heat dissipation, less
lumen depreciation, greater lumen performance, and prolonged lifespan.
- Owing to robust usage of emergency
lighting solutions especially across the commercial industry, the
commercial segment is estimated to retain its dominance over the forecast
period. Additionally, the case of power shortfalls and state requirements for
emergency lighting to keeps lights in the direct exit routes to stairwells
during an emergency is estimated to contribute in the growth of market in
the coming future.
- Regionally, the North American region
is estimated to retain its dominance in the coming years in terms of the
market revenue. This growth is attributable to factors, such as governments
adopting energy efficient lighting, increased residential and commercial
construction, and strict safety regulations for encouraging adoption of
LED emergency lighting in the constructions in the region.
- Key participants in the LED
emergency lighting market include NVC Lighting Ltd., ams AG, Acuity
Brands, Inc., Koninklijke Philips N.V., IOTA Engineering, L.L.C., Osram
Licht AG, Digital Lumens, Inc., Legrand S.A., Fulham Co., Inc., and Hubbell
Incorporated.
To get leading market
solutions, visit the link below:
https://www.emergenresearch.com/industry-report/led-emergency-lighting-market
Emergen Research has
segmented the Global LED Emergency Lighting Market on the basis of technology,
power source, end-use, and region:
- Technology Outlook (Revenue, USD
Billion; 2017-2027)
- Surface Mount
- Chips on Board
- Power Source Outlook (Revenue, USD
Billion; 2017-2027)
- Rechargeable
- Solar
- Battery
- End-Use Outlook (Revenue, USD
Billion; 2017-2027)
- Cinema
- Commercial
- School
- Residential
- Others
- Regional Outlook (Revenue, USD
Billion; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
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