Market Overview:
The global emergency lighting inverters 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 inverters in residential, commercial, and industrial applications. In addition, the growing awareness about energy efficiency is also propelling the demand for emergency lighting inverters in various regions across the globe. The global emergency lighting inverters market can be segmented on the basis of type into single phase and three phase emergency lighting inverters. The single phase segment is expected to account for a larger share of the market than the three phase segment duringthe forecast period from 2018 to 2030.
Product Definition:
Emergency Lighting Inverters are devices that take DC power from a battery and convert it to AC power so that emergency lights can be powered. They are important because they allow emergency lights to continue to function during a power outage.
Single Phase Emergency Lighting Inverters:
Single-phase emergency lighting inverters are designed to convert the utility power to low voltage DC and back again when needed. They are used in applications where there is a need for AC to DC conversion, but the load is not enough for a full-scale UPS system. Single phase emergency lighting inverters can handle loads of up to 1,000 W (1 kW).
Three Phase Emergency Lighting Inverters:
Three phase emergency lighting inverters are used in emergency lighting Inverters. The three-phase inverter is a power generating device that uses the electrical energy generated from the battery to provide electricity to connected loads. It can be defined as a switching power supply which has three leads connected in series, and it provides an output voltage between 12V and 24V.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The growing requirement for lighting in various public places, such as shopping malls, hospitals, hotels and restaurants is expected to drive the demand for ELI inverters over the forecast period. Furthermore, increasing government spending on infrastructure development across various regions coupled with a growing population is anticipated to boost industry growth over the forecast period.
Industrial applications include manufacturing facilities and warehouses that require constant monitoring security systems during working hours along with non-working hours when these facilities are open to visitors or employees. Growing industrialization has led to an increased need for efficient emergency lighting inverters that can provide light at night while protecting workers from accidents caused by tripping or stumbling over uneven surfaces or moving objects near doors leading into production areas within large factories and workshops where multiple floors are connected through walkways covered with thick cables overhead power lines etc.
Regional Analysis:
Europe was the largest market for emergency lighting inverters, accounting for more than 35% of the global revenue in 2017. The region is expected to continue its dominance over the forecast period as well. Europe has a large number of old buildings with non-compliant infrastructure that require immediate attention and repair work. Moreover, there is an increasing demand from commercial sectors such as shopping malls and sports stadiums to provide safety & security during emergencies at minimal cost. This factor is also expected to drive regional growth over the next eight years.
Asia Pacific emergency lighting inverters market is anticipated to grow at a significant rate owing to growing industrialization across various countries including China, India, Japan.
Growth Factors:
- Increasing demand for emergency lighting inverters from the commercial sector
- Growing awareness about the benefits of using emergency lighting inverters
- Rising number of fires and other emergencies that necessitate the use of emergency lighting inverters
- Technological advancements in emergency lighting inverter products
- Growing demand for solar-powered emergency lighting inverters
Scope Of The Report
Report Attributes
Report Details
Report Title
Emergency Lighting Inverters Market Research Report
By Type
Single Phase Emergency Lighting Inverters, Three Phase Emergency Lighting Inverters
By Application
Residential, Commercial, Industry
By Companies
Signify (Cooper Lighting), Hubbell, Vertiv, ABB, Acuity Brands, Perfect Power Systems, Controlled Power, Staco Energy, Myers Emergency Power Systems, Online Power, Go2Power, DSP Manufacturing (DSPM), Standard Products Inc., Beghelli, LVS Controls, IEP Systems Inc.
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Emergency Lighting Inverters Market Report Segments:
The global Emergency Lighting Inverters market is segmented on the basis of:
Types
Single Phase Emergency Lighting Inverters, Three Phase Emergency Lighting Inverters
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, Industry
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 (Cooper Lighting)
- Hubbell
- Vertiv
- ABB
- Acuity Brands
- Perfect Power Systems
- Controlled Power
- Staco Energy
- Myers Emergency Power Systems
- Online Power
- Go2Power
- DSP Manufacturing (DSPM)
- Standard Products Inc.
- Beghelli
- LVS Controls
- IEP Systems Inc.
Highlights of The Emergency Lighting Inverters 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:
- Single Phase Emergency Lighting Inverters
- Three Phase Emergency Lighting Inverters
- By Application:
- Residential
- Commercial
- Industry
- 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 Inverters 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.
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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 lighting inverters are devices that convert DC power into AC power to provide illumination during an emergency.
Some of the major companies in the emergency lighting inverters market are Signify (Cooper Lighting), Hubbell, Vertiv, ABB, Acuity Brands, Perfect Power Systems, Controlled Power, Staco Energy, Myers Emergency Power Systems, Online Power, Go2Power, DSP Manufacturing (DSPM), Standard Products Inc., Beghelli, LVS Controls, IEP Systems Inc..
The emergency lighting inverters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Emergency Lighting Inverters 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 Lighting Inverters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Emergency Lighting Inverters 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 Lighting Inverters 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 Lighting Inverters Market Size & Forecast, 2020-2028 4.5.1 Emergency Lighting Inverters Market Size and Y-o-Y Growth 4.5.2 Emergency Lighting Inverters 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 Single Phase Emergency Lighting Inverters
5.2.2 Three Phase Emergency Lighting Inverters
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 Residential
6.2.2 Commercial
6.2.3 Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Emergency Lighting Inverters 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 Lighting Inverters 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 Single Phase Emergency Lighting Inverters
9.6.2 Three Phase Emergency Lighting Inverters
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 Residential
9.10.2 Commercial
9.10.3 Industry
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 Single Phase Emergency Lighting Inverters
10.6.2 Three Phase Emergency Lighting Inverters
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 Residential
10.10.2 Commercial
10.10.3 Industry
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 Single Phase Emergency Lighting Inverters
11.6.2 Three Phase Emergency Lighting Inverters
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 Residential
11.10.2 Commercial
11.10.3 Industry
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 Single Phase Emergency Lighting Inverters
12.6.2 Three Phase Emergency Lighting Inverters
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 Residential
12.10.2 Commercial
12.10.3 Industry
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 Single Phase Emergency Lighting Inverters
13.6.2 Three Phase Emergency Lighting Inverters
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 Residential
13.10.2 Commercial
13.10.3 Industry
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 Lighting Inverters Market: Competitive Dashboard
14.2 Global Emergency Lighting Inverters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Signify (Cooper Lighting)
14.3.2 Hubbell
14.3.3 Vertiv
14.3.4 ABB
14.3.5 Acuity Brands
14.3.6 Perfect Power Systems
14.3.7 Controlled Power
14.3.8 Staco Energy
14.3.9 Myers Emergency Power Systems
14.3.10 Online Power
14.3.11 Go2Power
14.3.12 DSP Manufacturing (DSPM)
14.3.13 Standard Products Inc.
14.3.14 Beghelli
14.3.15 LVS Controls
14.3.16 IEP Systems Inc.