The extensive analysis of the micro- and macro-economic indicators that influence the global LED Emergency Lighting market development during the forecast period of 2021-2028. Most importantly, the document empowers business owners to seek information about potential consumers and where they can find them. With an exclusive coverage of the top vendors, the study enables business owners to know more about the local market and locate potential consumers.
Due to the growing convergence of emergency lighting with aesthetic lighting, the LED emergency lighting market is expected to expand rapidly. In the forecast timeframe, the rising demand for effective emergency lightning is expected to further fuel market growth. LED costs have decreased tremendously and thus increase demand in different fields of application, like commercial and residential buildings. The increasing demand for LEDs and energy efficiency has driven the manufacturers of lighting goods to expand their LED portfolios.
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Competitive Outlook:
The global LED Emergency Lighting market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global LED Emergency Lighting market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
ams AG, NVC Lighting Ltd., Acuity Brands, Inc., IOTA Engineering, L.L.C., Koninklijke Philips N.V., Osram Licht AG, Legrand S.A., Digital Lumens, Inc., Hubbell Incorporated, and Fulham Co., Inc., among others.
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global LED Emergency Lighting market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
Some Key Highlights in the Report:
- In August 2020, Koninklijke Philips N.V. acquired Intact Vascular, Inc. Philips will extend its range of image-oriented medical devices by acquiring Intact Vascular. With the Tack Endovascular System, a much-needed device that successfully enhances blood circulation in the vessels of limb, enables healing, and protects limbs; the deal will broaden its product line of treatments for peripheral arteries with minimally invasive impacts.
- Due to benefits such as excellent heat dissipation, smaller size, greater lumen performance, less lumen depreciation, prolonged lifespan, the Surface Mount segment is anticipated to lead the market with a CAGR of 6.9% over the forecast period.
- During the forecast period, the rechargeable segment will be the largest market due to improved lifetime and durability.
- Due to the widespread use of emergency lighting solutions in the commercial industry, the commercial segment is expected to dominate the market during the forecast. Throughout the case of power shortfalls, emergency Lights must be equipped with municipal and state requirements in order to keep direct exit routes to stairwells during an emergency.
The report further segments the global LED Emergency Lighting market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
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
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Global LED Emergency Lighting Market Report – Table of Contents:
- Chapter 1 includes the global LED Emergency Lighting market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the LED Emergency Lighting market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the LED Emergency Lighting market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the LED Emergency Lighting industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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