LED Emergency Lighting market research report based on size, shares, opportunities, industry trends and forecast to 2027

Global LED Emergency Lighting Market Expected To Reach $ 4.23 Billion By 2027

SURREY, BRITISH COLUMBIA, CANADA, Nov. 20, 2021 /EINPresswire.com/ – The global LED emergency lighting market is expected to reach $ 4.23 billion by 2027, according to current analysis by Emergen Research . Global LED Emergency Lighting Market report published by Emergenresearch offers an industry-wide assessment of the LED Emergency Lighting Market which includes the most crucial factors contributing to industry growth. LED Emergency Lighting Market Size – USD 2.60 Billion in 2019, Market Growth – 6.7% CAGR, Market Trends – Increasing LED Adoption Due to Declining price. Due to the increasing convergence of emergency lighting with aesthetic lighting, the LED emergency lighting market is expected to expand rapidly. The costs of LEDs have decreased significantly and thus increase the demand in different application areas, such as commercial and residential buildings. Growing demand for LEDs and energy efficiency have prompted manufacturers of lighting products to expand their portfolio of LEDs.

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. The researchers took a holistic approach to the analysis of the global market and highlighted the factors influencing the overall growth of the market. During the forecast period, North America is expected to dominate the market due to the increase in residential and commercial construction in the United States, a priority of the United States government in energy efficient lighting. and strict safety rules for the integration of emergency lighting in constructions in the region. . In August 2020, Koninklijke Philips NV acquired Intact Vascular, Inc. Philips will expand its range of image-oriented medical devices by acquiring Intact Vascular. During the forecast period, the rechargeable segment will be the largest market due to improved service life and durability. It includes ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments and technological innovation.

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The main participants are ams AG, NVC Lighting Ltd., Acuity Brands, Inc., IOTA Engineering, LLC, Koninklijke Philips NV, Osram Licht AG, Legrand SA, Digital Lumens, Inc., Hubbell Incorporated and Fulham Co., Inc., among others.

The report studies historical data of the LED Emergency Lighting market and offers valuable information about key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The high cost of installation of emergency lighting solutions is likely to hamper the growth of the market during the forecast period. In the event of a power failure, emergency lights should be fitted with municipal and state requirements to maintain direct exit routes to stairwells in the event of an emergency. The increasing integration of emergency lighting with aesthetic lighting and the growing demand for energy efficient emergency lighting are driving the market demand. The report offers an accurate estimate of the LED Emergency Lighting industry forecast on the basis of recent technological advancements and research. It also offers valuable data to help investors formulate strategic investment plans and capitalize on emerging growth prospects in the 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:

End-Use Outlook (Revenue, USD Billion; 2017-2027)
Movie theater
Commercial
School
Residential
Others

Technology Outlook (Revenue, USD Billion; 2017-2027)
Surface mount
Tokens on board

Regional Analysis For LED Emergency Lights Market:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of the EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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Market taxonomy:
Chapter 1: Methodology and Scope
• Definition and forecast parameters
• Methodology and forecasting parameters
• Information source

Chapter 2:
Abstract
• Business trends
• Regional trends
• Product trends
• End-use trends

Chapter 3:
Industry outlook
• Industry segmentation
• Industry landscape
• Supplier matrix
• Technological and innovation landscape

Chapter 4:
Regional landscape

Chapter 5:
Company Profile
• Company presentation
• Financial datas
• Product landscape
• Strategic perspective

The report considers the following timeline for market estimation:

Historical years: 2020-2027
Baseline year: 2019
Estimated year: 2027
Forecast years: 2020-2027

Key questions addressed in the report:

Who are the major players dominating the global LED Emergency Lighting market?

What factors could potentially hamper the growth of the global market during the forecast period?

Which regional market offers the most attractive growth opportunities for companies operating in this market?

How does the availability of raw materials affect the demand for LED emergency lighting in this vertical industry?

The report considers the following timeline for market estimation:
• Historical years: 2017-2018
• Baseline year: 2019
• Estimated year: 2027
• Forecast years: 2020-2027

For more information: https://www.emergenresearch.com/industry-report/led-emergency-lighting-market
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