PUBLISHER: QYResearch | PRODUCT CODE: 1108366
PUBLISHER: QYResearch | PRODUCT CODE: 1108366
Due to the COVID-19 pandemic, the global Emergency Lighting market size is estimated to be worth US$ 6,361.52 million in 2022 and is forecast to a readjusted size of US$ 9,247.45 million by 2028 with a CAGR of 6.43% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Central Power System accounting for 63.25% of the Emergency Lighting global market in 2021, is projected to value US$ 6,148.16 million by 2028, growing at a revised 7.24% CAGR from 2022 to 2028. While Residential segment is altered to an 6.78% CAGR throughout this forecast period.
North America Emergency Lighting market size was US$ 1,576.19 million in 2021, while Europe was US$ 1,684.18 million. The proportion of the North America was 26.63% in 2021, while Europe's percentage was 28.46%, and it is predicted that Europe market share will reach 26.93% in 2028, trailing a CAGR of 5.56% through the analysis period. As for the Asia, the notable markets are Japan and South Korea, CAGR is 6.62% and 6.73% respectively for the next 6-year period.
The global major manufacturers of Emergency Lighting include hilips (Signify), Schneider, Acuity Brands, Eaton, Legrand, ABB, Hubbell, ZFE, MPN and Emerson, etc. In terms of revenue, the global three largest players hold a 20.33% market share of Emergency Lighting in 2021.
This report focuses on Emergency Lighting volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Emergency Lighting market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, etc.
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.