Emergency Lighting Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Emergency Lighting Market 2018 Emergency Lighting Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 The global emergency lighting market is growing with the rapid pace is mainly due to the declining average selling price of light emitting diode, which is propelling the emergency lighting market growth to the large extent. According to a recent study report published by the Market Research Future, The global market of Emergency Lighting is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2023). The global Emergency Lighting market is significantly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The revolution in various lighting technologies with the introduction of various virtual machines is helping the market to grow. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and costeffective product portfolio. For instance, the market of incandescent light source is declining due to less energy efficient characteristics and is most widely used in residential building. By battery segment, liFePO4 is expected to account for highest market share owing to dynamic characteristics it possess that includes light weight, small volume, high temperature resistant and long life span is the prime factors driving market growth. The emergency lighting market is highly competitive due to the 2
www.marketresearchfuture.com
Emergency Lighting Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Emergency Lighting Market Research Report - Global Forecast 2023” Industry News: October 14, 2016- Philips Lighting has been chosen as a key partner to provide the urban lighting infrastructure. The company is a global leader in Lighting products and services. June.30, 2015 - Hubbell Lighting, a global leader of lighting innovation, has launched its Dual-Lite product which NEMA 4X Dynamo Emergency Light. It also includes LED emergency egress luminaire. It is designed for complex industrial applications. NOV 09, 2015- Eaton has introduced full range of emergency LED lighting for commercial buildings. These lighting are used for the safety purposes in the occupant places. The company has introduced its LED technology which is efficient in case of low energy usage and low maintenance requirements. 3
www.marketresearchfuture.com
Emergency Lighting Market 2018 Regional Analysis
The regional analysis of emergency lighting market is being studied for region such as Asia Pacific, Americas, Europe and Rest of the World. The increasing demand for emergency lighting in commercial, residential and industrial sector is driving the market in North America region. North America region is expected to dominate the emergency lighting market throughout the forecast period. Asia�Pacific region is expected to grow at the highest CAGR due to high adoption of emergency lighting in developing countries and increasing focus on real estate project is driving the market in the region.
Browse Report @ https:// www.marketresearchfuture.com/reports/emergency-lighting-mar ket-3866
4
www.marketresearchfuture.com
Emergency Lighting Market 2018 Application & Major Players in this Research: Emergency Lighting Market Prominent Players:
Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting Inc. (U.S.), Cooper Industries (Ireland), Schneider Electric SE (France), Emerson (US), Legrand S.A. (France), Acuity Brands (U.S.), Beghelli S.p.A. (Italy), Daisalux (Spain), Zumtobel Group (Austria), are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Emergency Lighting Market. Request a Sample Report @ https:// www.marketresearchfuture.com/sample_request/3866
5
www.marketresearchfuture.com
Emergency Lighting Market 2018 Emergency Lighting Market - Competitive Analysis The market of emergency lighting appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on latest technology and, most of all, in acquiring other firms. Prominent vendors of emergency lighting targeting to invest more in technology and research and development activities to innovate their already existing products. The rising government funding is also expected to motivate key companies to invent new emergency lighting modules that match the changing trends and needs across the globe. These players possess a strong sales and distribution network which have helped them to gain leadership position in the market. An ever-increasing emphasis has been observed among 6
www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), ContinuousFeed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com
Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
7
www.marketresearchfuture.com
MARKET RESEARCH FUTURE THANK YOU
salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
8
www.marketresearchfuture.com