Albany, NY -- (SBWIRE) -- 11/28/2016 -- Emergency lights are used to safely evacuate people from hazardous situations and provide sufficient light to continue tasks in case of power failure. Emergency lights are classified into two categories: escape lighting and standby lighting. Emergency lights are essential in public places so that people can be evacuated safely at times of emergency without panic. So, clear and visible sign boards in prescribed size and color are positioned at exits. Commercial buildings, theaters, educational institutions, residential buildings, healthcare centers, industrial buildings, and manufacturing plants are required to be equipped with emergency lights.
The global emergency lights market to grow at a CAGR of 7.79% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global emergency lights market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of emergency lights by manufacturers.
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The market is divided into the following segments based on geography:
Technavio's report, Global Emergency Lights Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Acuity Brands
- R. STAHL
Other prominent vendors
- Big Beam Emergency Systems
- Emergency Lighting Products
- Havells Sylvania
- Mule Lighting
- NVC Lighting
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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