DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Emergency Lighting Market - Global Forecast to 2022" report to their offering.
The emergency lighting market is expected to reach USD 6.68 Billion by 2022, at a CAGR of 7.83% between 2017 and 2022. The demand for emergency lighting is increasing because of several factors such as technological advancements taking place in the lighting industry, declining average selling price of LEDs, and increased infrastructure growth in various developing countries such as India, China, and South Korea.
The report covers the emergency lighting market segmented on the basis of power system, battery type, light source, application, offering, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges. It also profiles the key players operating in the emergency lighting market.
The market is majorly dominated by North America; however, the market in APAC is expected to grow at the highest rate during the forecast period. The technological advancements in lighting industry and increasing awareness about safety are the factors responsible for the largest market share in North America. The increasing adoption of emergency lighting in developing countries, such as India and China, is driving the growth of the market in APAC.
High capital investment and operational cost, challenges related to design of emergency lighting, and lack of standardization are the factors restraining the growth of this market.
Key Market Drivers:
- Technological Advancements in Lighting Industry
- Combination of Emergency Lighting With Esthetic Lighting
- Declining Average Selling Price of Leds
- Booming Construction Industry Globally
- Abb Group
- Acuity Brands, Inc.
- Ams Ag
- Arrow Emergency Lighting Ltd
- Arts Energy
- Beghelli S. P. A.
- Beghelli S.P.A.
- Cooper Industries
- Digital Lumens
- Eaton Corporation
- Emergency Lighting Products Ltd
- Fulham Co., Inc.
- Hubbell Lighting, Inc.
- Iota Engineering, L.L.C.
- Keysstone Technologies
- Legrand S.A.
- Mcwong Internatinal Inc
- Nvc Lighting Holding, Ltd.
- Osram Licht Ag
- Philips Lighting Holding B.V.
- R. Stahl
- Schneider Electric Se
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Emergency Lighting Market, By Power System
8 Emergency Lighting Market, By Battery Type
9 Emergency Lighting Market, By Light Source
10 Emergency Lighting Market, By Offering
11 Emergency Lighting Market, By Application
12 Geographic Analysis
13 Competitive Landscape
14 Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/d8hqlw/emergency