Market Overview:
The global emergency lights market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for emergency lights in civilian and fire center applications. In terms of type, the buried lamp segment is expected to lead the global emergency lights market during the forecast period, owing to its low installation cost and easy maintenance. In terms of application, the civilian segment is projected to be a key contributor to the growth of this market during 2018-2030.
Product Definition:
Emergency lights are a type of lighting that is used in emergency situations. They are typically used to indicate the presence of an emergency and to provide light for people who are evacuating. Emergency lights can be either portable or fixed, and they may be powered by battery, AC power, or solar power.
Buried Lamp:
Buried lamp is a low energy light source that is used in various applications such as construction sites, mines, and tunnels. It has several advantages over other lights including long shelf life and high intensity which makes it an essential product for the market. The growth factor of this product in the emergency lights industry will depend on factors such as increasing mining activities across the globe coupled with rising demand for LED lamps from various end-use industries including construction & infrastructure and automotive among others.
Double Headlights:
Double headlights are two light sources that are mounted on the front of vehicles. One is an incandescent light and the other is a halogen lamp. The purpose of these lights is to provide better illumination in comparison with one headlight. These lights are mostly used in case of emergencies such as when another vehicle approaches from either side or when approaching road workers or animals near the road and so on.
Application Insights:
The market is segmented based on application into civil and military. The civilian segment held the largest share of the global emergency lights market in 2017, owing to increasing number of road accidents and rising death tolls. According to WHO, around 1.3 million people die annually due to road traffic crashes globally; this number is expected reach between 2 million and 3 million by 2030 if urgent measures are not taken immediately. Rising awareness about safety among consumers has resulted in increased demand for vehicles equipped with safety features such as lighting systems that enhance visibility at night time, which will further boost product demand over the forecast period.
The military segment is anticipated to witness significant growth over the forecast period owing to increasing defense expenditure across various countries including China, India & Australia as per SIPRI research Institute of Peace Studies (SIPRI).
Regional Analysis:
Europe emergency lights market is anticipated to grow at a significant rate over the forecast period. The growth can be attributed to stringent regulations regarding road safety and presence of several associations, such as RACI (Risk Analysis and Classification in Incidents) and ENCICO (European Neutrino Centre for Nuclear Research). Rising adoption of high-tech vehicles with integrated advanced safety systems is also expected to drive the regional market. Asia Pacific emergency lights market accounted for more than 25% share in 2016 owing to increasing awareness among drivers about road safety coupled with rising disposable income of consumers. Moreover, growing construction activities due to rapid urbanization has ledto an increase in demand from developing countries such as India, China, Indonesia, Malaysia etc., which are expected tobuild infrastructure facilities including airports and bridges across the region over the next eight years.
Growth Factors:
- Increasing demand for emergency lights in the automotive sector as a result of increasing safety concerns.
- Growing demand for LED-based emergency lights owing to their energy efficiency and longer life span as compared to traditional incandescent bulbs.
- Rising popularity of solar-powered emergency lights due to their eco-friendly nature and low maintenance requirements.
- Proliferation of smart cities across the globe, which is expected to lead to an increase in the adoption of intelligent emergency lighting systems that can provide real-time information about traffic conditions, weather forecasts, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Emergency Lights Market Research Report
By Type
Buried Lamp, Double Headlights, Ceiling
By Application
Civilian, Fire Center
By Companies
TigerFire(Guangzhou) Lighting Technology, henZhen Hocen Emergency Lighting, GUANGDONG DP CO, Lose, ZFE, MPN, DP
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Emergency Lights Market Report Segments:
The global Emergency Lights market is segmented on the basis of:
Types
Buried Lamp, Double Headlights, Ceiling
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
Civilian, Fire Center
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:
- TigerFire(Guangzhou) Lighting Technology
- henZhen Hocen Emergency Lighting
- GUANGDONG DP CO
- Lose
- ZFE
- MPN
- DP
Highlights of The Emergency Lights 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:
- Buried Lamp
- Double Headlights
- Ceiling
- By Application:
- Civilian
- Fire Center
- 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 Lights 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 lights are a type of vehicle lighting that is used to indicate the presence of a hazard on the road. They are typically used when there is not enough time to turn on regular headlights.
Some of the major companies in the emergency lights market are TigerFire(Guangzhou) Lighting Technology, henZhen Hocen Emergency Lighting, GUANGDONG DP CO, Lose, ZFE, MPN, DP.
The emergency lights 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 Lights 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 Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Emergency Lights 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 Lights 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 Lights Market Size & Forecast, 2018-2028
4.5.1 Emergency Lights Market Size and Y-o-Y Growth
4.5.2 Emergency Lights Market Absolute $ Opportunity
Chapter 5 Global Emergency Lights 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 Emergency Lights Market Size Forecast by Type
5.2.1 Buried Lamp
5.2.2 Double Headlights
5.2.3 Ceiling
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Emergency Lights 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 Emergency Lights Market Size Forecast by Applications
6.2.1 Civilian
6.2.2 Fire Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Emergency Lights 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 Lights 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 Emergency Lights Analysis and Forecast
9.1 Introduction
9.2 North America Emergency Lights 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 Emergency Lights Market Size Forecast by Type
9.6.1 Buried Lamp
9.6.2 Double Headlights
9.6.3 Ceiling
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 Emergency Lights Market Size Forecast by Applications
9.10.1 Civilian
9.10.2 Fire Center
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 Emergency Lights Analysis and Forecast
10.1 Introduction
10.2 Europe Emergency Lights 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 Emergency Lights Market Size Forecast by Type
10.6.1 Buried Lamp
10.6.2 Double Headlights
10.6.3 Ceiling
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 Emergency Lights Market Size Forecast by Applications
10.10.1 Civilian
10.10.2 Fire Center
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 Emergency Lights Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Emergency Lights 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 Emergency Lights Market Size Forecast by Type
11.6.1 Buried Lamp
11.6.2 Double Headlights
11.6.3 Ceiling
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 Emergency Lights Market Size Forecast by Applications
11.10.1 Civilian
11.10.2 Fire Center
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 Emergency Lights Analysis and Forecast
12.1 Introduction
12.2 Latin America Emergency Lights 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 Emergency Lights Market Size Forecast by Type
12.6.1 Buried Lamp
12.6.2 Double Headlights
12.6.3 Ceiling
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 Emergency Lights Market Size Forecast by Applications
12.10.1 Civilian
12.10.2 Fire Center
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) Emergency Lights Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Emergency Lights 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) Emergency Lights Market Size Forecast by Type
13.6.1 Buried Lamp
13.6.2 Double Headlights
13.6.3 Ceiling
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) Emergency Lights Market Size Forecast by Applications
13.10.1 Civilian
13.10.2 Fire Center
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 Lights Market: Competitive Dashboard
14.2 Global Emergency Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TigerFire(Guangzhou) Lighting Technology
14.3.2 henZhen Hocen Emergency Lighting
14.3.3 GUANGDONG DP CO
14.3.4 Lose
14.3.5 ZFE
14.3.6 MPN
14.3.7 DP
