Emergency Lighting Market: Information by Type (Emergency Lights, Non-Electrical Exit Signals), Application (Commercial, Industrial) and Regional Outlook—Forecast Till 2026

Apr 24, 2019   Emergency lighting is an electronic light technology, specifically adopted to reduce potential injury in case of emergency situations during a fire, storm or natural disaster. Fluorescent light and LEDs are mainly adopted as lighting sources in the emergency lighting industry. Certain laws and regulations by both national and local regulatory agencies have resulted in the mandatory adoption of emergency lights in residential, commercial, and industrial applications. Emergency light and exit sig...
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Report Description

Emergency lighting is an electronic light technology, specifically adopted to reduce potential injury in case of emergency situations during a fire, storm or natural disaster. Fluorescent light and LEDs are mainly adopted as lighting sources in the emergency lighting industry. Certain laws and regulations by both national and local regulatory agencies have resulted in the mandatory adoption of emergency lights in residential, commercial, and industrial applications.

Emergency light and exit sign are mainly adopted to ensure safe exit from a location through the provision of clear visual conditions to aid in finding exit/escape routes. LED exit signs have gained popularity, owing to their low energy consumption, long lifespan, and feasible price. Various regulatory agencies such as Nation Fire Protection Association (NFPA) and Occupational Safety and Health Administration (OSHA) have set up certain standards for exit sign implementation.

According to NFPA in the United States, exit signs must provide at least 1.5 hours of light in case of an emergency when building lights fail. This has resulted in the mandatory adoption of exit signs in commercial, industrial, and residential infrastructure, thereby propelling the market growth. Based on type, the market can be segmented into emergency lights and electrical exit signs, non-electrical exit signs and general emergency lighting.

The emergency lighting market, estimated to reach a value of USD 5.8 billion in 2020, is expected to grow at a CAGR of 10.30% during the forecast period, 2019–2026.

Market Dynamics

Buildings primarily represent an important structure where fire accidents can have fatal consequences. Therefore, strict norms and fire safety regulations have been p

Emergency lighting is an electronic light technology, specifically adopted to reduce potential injury in case of emergency situations during a fire, storm or natural disaster. Fluorescent light and LEDs are mainly adopted as lighting sources in the emergency lighting industry. Certain laws and regulations by both national and local regulatory agencies have resulted in the mandatory adoption of emergency lights in residential, commercial, and industrial applications.

Emergency light and exit sign are mainly adopted to ensure safe exit from a location through the provision of clear visual conditions to aid in finding exit/escape routes. LED exit signs have gained popularity, owing to their low energy consumption, long lifespan, and feasible price. Various regulatory agencies such as Nation Fire Protection Association (NFPA) and Occupational Safety and Health Administration (OSHA) have set up certain standards for exit sign implementation.

According to NFPA in the United States, exit signs must provide at least 1.5 hours of light in case of an emergency when building lights fail. This has resulted in the mandatory adoption of exit signs in commercial, industrial, and residential infrastructure, thereby propelling the market growth. Based on type, the market can be segmented into emergency lights and electrical exit signs, non-electrical exit signs and general emergency lighting.

The emergency lighting market, estimated to reach a value of USD 5.8 billion in 2020, is expected to grow at a CAGR of 10.30% during the forecast period, 2019–2026.

Market Dynamics

Buildings primarily represent an important structure where fire accidents can have fatal consequences. Therefore, strict norms and fire safety regulations have been p