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Emergency Lighting Market Share

  • Report ID: GMI11020
  • Published Date: Aug 2024
  • Report Format: PDF

Emergency Lighting Market Share

Schneider Electric SE and Eaton Corporation plc hold a significant share of the market. Schneider Electric SE holds a significant share of the emergency lighting industry due to its extensive expertise in energy management and automation, combined with a strong global presence. The company is renowned for its comprehensive portfolio of emergency lighting solutions that cater to a wide range of applications, including commercial, industrial, and residential settings. Schneider Electric's commitment to innovation is reflected in its continuous development of energy-efficient and smart emergency lighting systems, which are designed to integrate seamlessly with BMS and other automation technologies. This integration capability not only enhances the safety and reliability of emergency lighting but also supports the growing demand for smart buildings and energy-efficient solutions. Moreover, Schneider Electric's strong emphasis on sustainability aligns with the increasing global focus on green building practices, further boosting its market share. The company's robust distribution network, coupled with its strategic partnerships and acquisitions, has enabled it to penetrate key markets worldwide, solidifying its position as a leader in the emergency lighting industry.
 

Eaton Corporation plc is a dominant player in the emergency lighting market owing to its extensive range of innovative products and solutions that cater to diverse industries and applications. The company is known for its cutting-edge LED emergency lighting systems, which offer superior energy efficiency, durability, and reliability. Eaton's focus on technological advancements has led to the development of smart emergency lighting solutions that can be integrated with advanced building management systems, allowing for real-time monitoring, remote control, and predictive maintenance. This capability is particularly valuable in large commercial and industrial facilities where safety and operational efficiency are paramount. Additionally, Eaton's strong commitment to quality and compliance with international safety standards has earned it a reputation for reliability, making it a preferred choice for customers across various sectors. The company's global reach, combined with its well-established supply chain and after-sales support, enables Eaton to effectively meet the needs of its customers in different regions, thereby maintaining a significant share of the market.
 

Emergency Lighting Market Companies

Major players operating in the emergency lighting industry are:

  • Schneider Electric SE
  • Eaton Corporation plc
  • Signify N.V.
  • Legrand SA
  • Acuity Brands, Inc.
  • Hubbell Incorporated
  • Zumtobel Group AG
Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for emergency lighting was valued at USD 7.5 billion in 2023 and is expected to grow at over 10% CAGR between 2024 and 2032, driven by the growing awareness about the importance of safety and emergency preparedness in both public and private sectors.

The LED emergency lighting market is expected to register over 12% CAGR through 2032, due to its superior energy efficiency, longevity, and reliability.

North America market accounted for over 35% share in 2023 and will grow rapidly through 2032, due to the robust construction sector.

Schneider Electric SE, Eaton Corporation plc, Signify N.V, Legrand SA, Acuity Brands, Inc, Hubbell Incorporated, and Zumtobel Group AG among others

Emergency Lighting Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 218
  • Countries covered: 22
  • Pages: 210
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