GITNUX MARKETDATA REPORT 2024
Emergency Lighting Industry Statistics
The global emergency lighting industry is projected to see steady growth over the next few years, driven by increasing safety regulations and the rising demand for energy-efficient lighting solutions.
In this post, we will explore key statistics and projections shaping the global Emergency Lighting industry, providing insights into market trends, regional dynamics, technological advancements, and more. From market size and growth rates to segment analysis and regional market shares, these statistics offer valuable insights into the current landscape and future prospects of the Emergency Lighting market.
Statistic 1
"The global Emergency Lighting market size was valued at USD 3.97 billion in 2020."
Statistic 2
"The Emergency Lighting market is anticipated to grow at a compound annual growth rate (CAGR) of 4.5% from 2021 to 2028."
Statistic 3
"The North America region held the largest market share in the Emergency Lighting industry at 41.5% in 2020."
Statistic 4
"Europe is expected to witness significant growth in the Emergency Lighting market with an estimated CAGR of 5.5% from 2021 to 2028."
Statistic 5
"The Fluorescent Emergency Lighting systems accounted for the largest share of 43.08% in 2018."
Statistic 6
"Residential application accounted for 34% of the total market share in the Emergency Lighting industry in 2018."
Statistic 7
"Industrial applications are expected to expand at a CAGR of 3.2% during the forecast period 2019-2027."
Statistic 8
"Uninterruptible Power Supply (UPS) witnessed a significant CAGR of 6.9% in the Emergency Lighting market."
Statistic 9
"The LED-based emergency lighting segment is expected to reach USD 4.54 billion by 2025."
Statistic 10
"The Asia-Pacific region is expected to witness the fastest growth in the Emergency Lighting market, registering a CAGR of 7.8% from 2021 to 2030."
Statistic 11
"The global penetration rate of Emergency Lighting in 2020 was around 30%."
Statistic 12
"The commercial application of Emergency Lighting is expected to register significant growth, with a CAGR of 4.7% from 2019 to 2025."
Statistic 13
"Self-Contained Emergency Lighting System is projected to grow at a CAGR of 3.5% during 2019-2025."
Statistic 14
"The Retrofit Product segment of Emergency Lighting industry is projected to reach USD 2.4 billion by 2026."
Statistic 15
"The Top 5 companies in the global Emergency Lighting market accounted for a combined market share of 29% in 2020."
Statistic 16
"The Self-testing & Self-diagnostic Emergency Lights market is expected to grow at a CAGR of 8.81% during 2021-2026."
Statistic 17
"The Emergency Lighting industry is projected to generate revenues of more than USD 7 billion by 2023."
Statistic 18
"The UK represented the largest market in Europe for Emergency Lightings and accounted for an estimate of 31.53% market share in the year 2017."
Statistic 19
"Growth in the Emergency Lighting market in the Middle East & Africa region is likely to be driven by South Africa and GCC countries, with an expected CAGR of 3.1% during the forecast period."
Sources
grandviewresearch.com
verifiedmarketresearch.com
precedenceresearch.com
technavio.com
transparencymarketresearch.com
persistenceMarketresearch.com
industryresearch.biz
globenewswire.com
hexaresearch.com
techsciresearch.com
fortunebusinessinsights.com
reportsanddata.com
alliedmarketresearch.com
bonafideresearch.com