Emergency Lighting System Market Size and Growth
The global emergency lighting system market is expected to reach a value of $7.8 billion by 2025, with a CAGR of 7.2%. Factors driving market growth include strict safety regulations and the increasing demand for energy-efficient lighting solutions. Key players in the market include Philips, Eaton, and Schneider Electric.
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Companies Covered (Covid 19 Impact Covered)
◍ Philips
◍ Schneider
◍ MPN
◍ Acuity Brands
◍ Ventilux
◍ Eaton
◍ ZFE
◍ Hubbell
◍ ABB
◍ Mule
◍ LINERGY
◍ Legrand
◍ Clevertronics
◍ Emerson
◍ STAHL
◍ Notlicht
◍ Olympia electronics
◍ Zhongshan AKT
The Emergency Lighting System Market is competitive with key players such as Philips, Schneider, MPN, Acuity Brands, Ventilux, and others offering a range of products and services. These companies cater to various industries and sectors, helping to grow the market through innovative solutions and technological advancements.
- Philips: $18.13 billion
- Schneider: $25.7 billion
- Acuity Brands: $3.54 billion
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Market Segmentation
By Application
◍ Commercial Buildings
◍ Industrial Buildings
◍ Public Buildings
◍ Government and Institutional Buildings
◍ Others
By Product
◍ Self-Contained Power System
◍ Central Power System
◍ Hybrid Power System
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Market Growth
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$ 6.00 Billion