Global Emergency Lighting Market Analysis, 2020




Emergency lighting is majorly adopted to reduce the potential injury in case of the emergency situation such as natural disaster, fire as it automatically switches on when there is no source of power supply. The global emergency lighting market is mushrooming at a CAGR of 7% during 2020-25. The dwindling LED prices, technological advancement in the lighting industry along with accelerating construction activity and installation of emergency lighting with the esthetic ones is infusing a potential opportunity towards the market growth of emergency lighting globally in the forthcoming years.
Moreover, the propelling demand for energy-efficient lighting systems across the commercial, residential, and industrial sectors along with the strict fire and safety regulations by governments across the world is fueling a healthy growth towards the market. For instance, 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, etc, are among the regulations that are used for testing and maintaining ‘Exit and Emergency Lighting’ systems across the world.

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Asia-Pacific region is predicted to witness robust growth over the coming years on account of rising adoption of emergency lighting along with numerous government programs such Housing for All, Atal Mission for Urban Rejuvenation and Transformation (AMRUT), Made in China and considerable government spending towards the infrastructural development is anticipated to fuel the market of emergency lighting in the forecasted period. Moreover, the construction of new houses and offices among others in the region are pre-installed with emergency light in it.

The key trend witnessed in the market is the rising inclination toward LEDs along with the elevating adoption of emergency lighting in the aviation sector due to its cost-effectiveness. Moreover, the declining prices of LED lamps and its surging application in industrial, residential and commercial is anticipated to foster the demand for emergency lighting in the coming years.


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