The global LED Emergency Lighting Market is forecasted to be worth USD 4.23 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the rechargeable segment will be the largest market due to improved lifetime and durability. LED Emergency Lighting Market Size – USD 2.60 billion in 2019, Market Growth - CAGR of 6.7 %, Market Trends – The rise in LEDs' adoption due to the decline of prices. LED costs have decreased tremendously and thus increase demand in different fields of application, like commercial and residential buildings. The increasing demand for LEDs and energy efficiency has driven the manufacturers of lighting goods to expand their LED portfolios. The high cost of emergency lighting solutions installations is likely to impede market growth over the forecast timeframe. In August 2020, Koninklijke Philips N.V. acquired Intact Vascular, Inc. Philips will extend its range of image-oriented medical devices by acquiring Intact Vascular.
The rising emergency lighting integration with esthetic lighting and the growing demand for energy-efficient emergency lightning are driving the demand for the market. During the forecast timeframe, North America is anticipated to dominate the market owing to increased residential and commercial construction in the united states, a priority of the United States government on energy efficient lighting, and strict safety regulations for integrating emergency lights in constructions around the region. Due to the growing convergence of emergency lighting with aesthetic lighting, the LED emergency lighting market is expected to expand rapidly. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
The report studies the historical data of the LED Emergency Lighting market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. With the Tack Endovascular System, a much-needed device that successfully enhances blood circulation in the vessels of limb, enables healing, and protects limbs; the deal will broaden its product line of treatments for peripheral arteries with minimally invasive impacts.. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation.
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Key participants include ams AG, NVC Lighting Ltd., Acuity Brands, Inc., IOTA Engineering, L.L.C., Koninklijke Philips N.V., Osram Licht AG, Legrand S.A., Digital Lumens, Inc., Hubbell Incorporated, and Fulham Co., Inc., among others.
Emergen Research has segmented the global LED Emergency Lighting Market on the basis of technology, power source, end-use, and region:
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Cinema
Commercial
School
Residential
Others
Technology Outlook (Revenue, USD Billion; 2017-2027)
Surface Mount
Chips on Board
Regional Analysis of the LED Emergency Lighting Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Taxonomy:
Chapter 1: Methodology & Scope
· Definition and forecast parameters
· Methodology and forecast parameters
· Data Sources
Chapter 2:
Executive Summary
· Business trends
· Regional trends
· Product trends
· End-use trends
Chapter 3:
Industry Insights
· Industry segmentation
· Industry landscape
· Vendor matrix
· Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
· Business Overview
· Financial Data
· Product Landscape
· Strategic Outlook
The report considers the following timeline for market estimation:
Historical Years: 2020-2027
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Key questions addressed in the report:
Who are the leading players dominating the global LED Emergency Lighting Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for LED Emergency Lighting in this industry vertical?
The report considers the following timeline for market estimation:
· Historical Years: 2017-2018
· Base Year: 2019
· Estimated Year: 2027
· Forecast Years: 2020-2027
Read More: https://www.emergenresearch.com/industry-report/led-emergency-lighting-market
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