Market Overview:
The global emergency lighting batteries market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for emergency lighting batteries in residential, commercial, and industrial applications. In addition, the growing awareness about safety and security is also propelling the demand for emergency lighting batteries across the globe. The global emergency lighting battery market can be segmented on the basis of type into nicd battery, nimh battery, li-ion battery, lead-acid battery, and other types. The lead-acid battery segment is expected to dominate the global market during the forecast period owing to its high capacity and low cost as compared to other types of batteries. However, li-ion batteries are witnessing a high growth rate due their advantages such as longer life cycle and higher efficiency as compared to other types of batteries. .
Product Definition:
Emergency Lighting Batteries are used to provide emergency power to lighting fixtures in the event of a power outage. The batteries allow the lights to remain on for a period of time, providing safety and security in the event of an emergency.
Nicd Battery:
Nickel-based batteries are rechargeable batteries having a composition of metal (nickel) and non-metal (oxygen, hydrogen, etc.) in an electrolyte. They are extensively used as primary or back up battery in various devices including smoke detectors, flashlights, mobile phones & tablets PC peripherals such as USB drives & keyboards among others.
Nimh Battery:
The Nimh battery is a type of rechargeable battery that is used in electronic devices such as clocks, radios, remote controls and other consumer electronics. The Nimh battery has higher energy density than conventional batteries having the same weight and size. This makes it suitable to be used in small electronic gadgets which are often carried along with us (in our pockets) or attached to our key rings.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growth can be attributed to the growing construction and infrastructure sector across the globe, which has resulted in increased demand for emergency lighting batteries. Rapid urbanization along with rising living standards has led to an increase in number of shopping malls, hospitals, restaurants and hotels across various regions including Asia Pacific and Middle East & Africa. This factor is projected to drive product demand over the forecast period.
The industrial application segment is expected to witness significant growth owing to increasing manufacturing sectors across various regions including North America and Europe as a result of supportive government policies regarding technological advancements coupled with investments from major players within respective industries such as automotive or electronics among others which are anticipated drive overall market growth during future phases of analysis pertaining to this market space over the coming years (2030 - 2036).
Regional Analysis:
Europe was the largest market for emergency lighting batteries, accounting for more than 30% of the global revenue in 2017. The European Commission has set up a fund to provide financial assistance to local governments in case of emergencies. The fund is expected to reach around USD X million by 2020 and will be provided on a discretionary basis subject to eligibility assessment by the national governments. This policy is expected to encourage better management of emergencies and reduce overall costs associated with them over the long term.
Asia Pacific emergency lighting batteries market is anticipated gain significant traction over the forecast period owing to increasing demand from residential as well as commercial applications due mainly Li-ion battery consumption reduction trend across end-use markets such as security systems, remote control devices, wireless communication equipment among others which are driving growth through 2018).
Growth Factors:
- Increasing demand for emergency lighting systems in commercial and industrial sectors
- Growing awareness about the benefits of emergency lighting systems
- Rising number of fires and other emergencies that require use of emergency lighting systems
- Technological advancements in emergency lighting batteries that improve performance and efficiency
- Stringent government regulations mandating installation of emergency lighting systems in certain facilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Emergency Lighting Batteries Market Research Report
By Type
Nicd Battery, Nimh Battery, Li-ion Battery, Lead-acid Battery, Other
By Application
Residential, Commercial, Industrial
By Companies
Philips Lighting Holding, Hubbell Lighting, Cooper Industries, Schneider Electric, Emerson, Legrand, Acuity Brands, Beghelli, Daisalux, Zumtobel Group, OSRAM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Emergency Lighting Batteries Market Report Segments:
The global Emergency Lighting Batteries market is segmented on the basis of:
Types
Nicd Battery, Nimh Battery, Li-ion Battery, Lead-acid Battery, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Lighting Holding
- Hubbell Lighting
- Cooper Industries
- Schneider Electric
- Emerson
- Legrand
- Acuity Brands
- Beghelli
- Daisalux
- Zumtobel Group
- OSRAM
Highlights of The Emergency Lighting Batteries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nicd Battery
- Nimh Battery
- Li-ion Battery
- Lead-acid Battery
- Other
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Emergency Lighting Batteries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Emergency lighting batteries are a type of battery that is designed to provide power to emergency lights. These batteries typically have a longer life than other types of batteries, and they are often more reliable in cold weather conditions.
Some of the major players in the emergency lighting batteries market are Philips Lighting Holding, Hubbell Lighting, Cooper Industries, Schneider Electric, Emerson, Legrand, Acuity Brands, Beghelli, Daisalux, Zumtobel Group, OSRAM.
The emergency lighting batteries market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Emergency Lighting Batteries Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Emergency Lighting Batteries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Emergency Lighting Batteries Market - Supply Chain
4.5. Global Emergency Lighting Batteries Market Forecast
4.5.1. Emergency Lighting Batteries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Emergency Lighting Batteries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Emergency Lighting Batteries Market Absolute $ Opportunity
5. Global Emergency Lighting Batteries Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Emergency Lighting Batteries Market Size and Volume Forecast by Type
5.3.1. Nicd Battery
5.3.2. Nimh Battery
5.3.3. Li-ion Battery
5.3.4. Lead-acid Battery
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Emergency Lighting Batteries Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Emergency Lighting Batteries Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Emergency Lighting Batteries Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Emergency Lighting Batteries Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Emergency Lighting Batteries Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Emergency Lighting Batteries Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Emergency Lighting Batteries Demand Share Forecast, 2019-2026
9. North America Emergency Lighting Batteries Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Emergency Lighting Batteries Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Emergency Lighting Batteries Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Emergency Lighting Batteries Market Size and Volume Forecast by Type
9.7.1. Nicd Battery
9.7.2. Nimh Battery
9.7.3. Li-ion Battery
9.7.4. Lead-acid Battery
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Emergency Lighting Batteries Demand Share Forecast, 2019-2026
10. Latin America Emergency Lighting Batteries Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Emergency Lighting Batteries Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Emergency Lighting Batteries Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Emergency Lighting Batteries Market Size and Volume Forecast by Type
10.7.1. Nicd Battery
10.7.2. Nimh Battery
10.7.3. Li-ion Battery
10.7.4. Lead-acid Battery
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Emergency Lighting Batteries Demand Share Forecast, 2019-2026
11. Europe Emergency Lighting Batteries Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Emergency Lighting Batteries Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Emergency Lighting Batteries Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Emergency Lighting Batteries Market Size and Volume Forecast by Type
11.7.1. Nicd Battery
11.7.2. Nimh Battery
11.7.3. Li-ion Battery
11.7.4. Lead-acid attery
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Emergency Lighting Batteries Demand Share, 2019-2026
12. Asia Pacific Emergency Lighting Batteries Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Emergency Lighting Batteries Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Emergency Lighting Batteries Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Emergency Lighting Batteries Market Size and Volume Forecast by Type
12.7.1. Nicd Battery
12.7.2. Nimh Battery
12.7.3. Li-ion Battery
12.7.4. Lead-acid Battery
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Emergency Lighting Batteries Demand Share, 2019-2026
13. Middle East & Africa Emergency Lighting Batteries Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Emergency Lighting Batteries Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Emergency Lighting Batteries Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Emergency Lighting Batteries Market Size and Volume Forecast by Type
13.7.1. Nicd Battery
13.7.2. Nimh Battery
13.7.3. Li-ion Battery
13.7.4. Lead-acid Battery
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Emergency Lighting Batteries Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Emergency Lighting Batteries Market: Market Share Analysis
14.2. Emergency Lighting Batteries Distributors and Customers
14.3. Emergency Lighting Batteries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting Holding
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hubbell Lighting
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cooper Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Emerson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Legrand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Acuity Brands
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beghelli
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Daisalux
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zumtobel Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OSRAM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
