Market Overview:
The global emergency LED drivers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of LED lights over traditional lighting solutions. The global emergency LED drivers market is segmented on the basis of type, application, and region. On the basis of type, it is divided into below 10W, 10-20W, 21-30W, and above 30W segments. The below 10W segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030 due to its low power consumption and easy installation process. However, owing to its high price tag as compared with other types in this category such as 10-20 W and 21-30 W segments; this segment accounts for a small share in terms of revenue in 2017. Regionally; North America dominates th eemergency LED drivers ma rket with highest revenue contribution In 2017 Asia Pacific i sprojected t obe th efastest growing region wit hCAGR o f7 .
Product Definition:
Emergency LED Drivers are devices used to power LED lights during a power outage. They are typically used in emergency situations, such as when the power goes out or there is a fire. The importance of Emergency LED Drivers is that they allow for safe and reliable operation of LED lights in emergency situations.
Below 10W:
Below 10W is a new term in the LED driver industry, which was created to differentiate low power LEDs from standard definition LEDs and high definition (HD) LEDs. The below 10W market has been witnessing significant growth over the past few years owing to increasing demand for energy-efficient lighting solutions across various verticals such as automotive, industrial manufacturing, retail & consumer goods and others.
10-20W:
LED drivers are used to convert the DC power of LED into the required AC voltage. The main function of these devices is to protect LEDs from damage due to overvoltage and undervoltage. These are specially designed for low-power applications such as data storage, wireless communication, and emergency lighting driver among others.
The normal working range of LED is between 0 - 20 watts but it can be operated at lower or higher side depending upon application requirements.
Application Insights:
The office buildings segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The need for energy-efficient lighting solutions across offices has increased with an increasing focus on sustainability. Emergency light sources are used in offices for signaling, safety & security, and advertising purposes.
The cinema application segment is projected to register a CAGR of XX% from 2018 to 2030 owing to growing demand from movie theaters and multiplex owners for upgrading their existing emergency lighting systems with LED products that meet both aesthetic as well as energy efficiency requirements. Furthermore, ongoing advancements in film projection technology have led to an increase in the number of digital projectors installed at theaters which also contributes towards market growth.
Regional Analysis:
North America dominated the global emergency LED drivers market in 2017. The growth can be attributed to various factors such as growing adoption of LEDs, increasing awareness about energy conservation, and government initiatives for building energy efficiency. For instance, in 2015, the U.S Department of Energy launched a national campaign to save light-emitting diode lighting technology called “Make It Work†which aimed at reducing consumption and waste by encouraging better management practices across all sectors including industrial, commercial and residential buildings.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising demand from emerging countries such as China and India along with other developing economies within Asia Pacific region that are adopting advanced technologies rapidly including Japan and South Korea for improving their manufacturing sector productivity in order to compete with international counterparts efficiently thus leading towards higher sales volumes which will eventually drive product demand over the next eight years or so.
Growth Factors:
- Increasing demand for emergency LED drivers from the automotive sector
- Growing demand for emergency LED drivers in the commercial sector
- Rising popularity of LEDs as a lighting source
- Technological advancements in emergency LED driver products
- Stringent government regulations mandating the use of emergency LED drivers
Scope Of The Report
Report Attributes
Report Details
Report Title
Emergency LED Drivers Market Research Report
By Type
Below 10W, 10-20W, 21-30W, above 30W
By Application
Office Buildings, Cinemas, Schools, Hospitals, Factories, Supermarkets, Warehouses, Others
By Companies
Signify, AC Electronics, Fulham, Hatch Lighting, Acuity Brands Lighting, Hubbell, Osram Sylvania, Tridonic, Jialinghang Electronic, Dengfeng Ltd, Shenzhen ATA Technology, Shenzhen KVD Technology, Assurance Emergency Lighting, McWong International
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Emergency LED Drivers Market Report Segments:
The global Emergency LED Drivers market is segmented on the basis of:
Types
Below 10W, 10-20W, 21-30W, above 30W
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
Office Buildings, Cinemas, Schools, Hospitals, Factories, Supermarkets, Warehouses, Others
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:
- Signify
- AC Electronics
- Fulham
- Hatch Lighting
- Acuity Brands Lighting
- Hubbell
- Osram Sylvania
- Tridonic
- Jialinghang Electronic
- Dengfeng Ltd
- Shenzhen ATA Technology
- Shenzhen KVD Technology
- Assurance Emergency Lighting
- McWong International
Highlights of The Emergency LED Drivers 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:
- Below 10W
- 10-20W
- 21-30W
- above 30W
- By Application:
- Office Buildings
- Cinemas
- Schools
- Hospitals
- Factories
- Supermarkets
- Warehouses
- Others
- 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 LED Drivers 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
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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 LED drivers are a type of light driver that can be used to provide power to LEDs in an emergency. They typically have a higher output than regular light drivers, and can be used to power LEDs in applications where regular light drivers would not be sufficient.
Some of the key players operating in the emergency led drivers market are Signify, AC Electronics, Fulham, Hatch Lighting, Acuity Brands Lighting, Hubbell, Osram Sylvania, Tridonic, Jialinghang Electronic, Dengfeng Ltd, Shenzhen ATA Technology, Shenzhen KVD Technology, Assurance Emergency Lighting, McWong International.
The emergency led drivers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Emergency LED Drivers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Emergency LED Drivers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Emergency LED Drivers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Emergency LED Drivers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Emergency LED Drivers Market Size & Forecast, 2020-2028
4.5.1 Emergency LED Drivers Market Size and Y-o-Y Growth
4.5.2 Emergency LED Drivers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 10W
5.2.2 10-20W
5.2.3 21-30W
5.2.4 above 30W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Office Buildings
6.2.2 Cinemas
6.2.3 Schools
6.2.4 Hospitals
6.2.5 Factories
6.2.6 Supermarkets
6.2.7 Warehouses
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Emergency LED Drivers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Emergency LED Drivers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 10W
9.6.2 10-20W
9.6.3 21-30W
9.6.4 above 30W
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Office Buildings
9.10.2 Cinemas
9.10.3 Schools
9.10.4 Hospitals
9.10.5 Factories
9.10.6 Supermarkets
9.10.7 Warehouses
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 10W
10.6.2 10-20W
10.6.3 21-30W
10.6.4 above 30W
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Office Buildings
10.10.2 Cinemas
10.10.3 Schools
10.10.4 Hospitals
10.10.5 Factories
10.10.6 Supermarkets
10.10.7 Warehouses
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 10W
11.6.2 10-20W
11.6.3 21-30W
11.6.4 above 30W
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Office Buildings
11.10.2 Cinemas
11.10.3 Schools
11.10.4 Hospitals
11.10.5 Factories
11.10.6 Supermarkets
11.10.7 Warehouses
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 10W
12.6.2 10-20W
12.6.3 21-30W
12.6.4 above 30W
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Office Buildings
12.10.2 Cinemas
12.10.3 Schools
12.10.4 Hospitals
12.10.5 Factories
12.10.6 Supermarkets
12.10.7 Warehouses
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 10W
13.6.2 10-20W
13.6.3 21-30W
13.6.4 above 30W
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Office Buildings
13.10.2 Cinemas
13.10.3 Schools
13.10.4 Hospitals
13.10.5 Factories
13.10.6 Supermarkets
13.10.7 Warehouses
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Emergency LED Drivers Market: Competitive Dashboard
14.2 Global Emergency LED Drivers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Signify
14.3.2 AC Electronics
14.3.3 Fulham
14.3.4 Hatch Lighting
14.3.5 Acuity Brands Lighting
14.3.6 Hubbell
14.3.7 Osram Sylvania
14.3.8 Tridonic
14.3.9 Jialinghang Electronic
14.3.10 Dengfeng Ltd
14.3.11 Shenzhen ATA Technology
14.3.12 Shenzhen KVD Technology
14.3.13 Assurance Emergency Lighting
14.3.14 McWong International
