The global emergency lighting market was valued at USD 6.89 billion in 2023 and is projected to reach USD 15.18 billion by 2030, growing at a CAGR of 13% from 2024 to 2030. The market’s growth is primarily driven by the adoption of stringent safety standards, increasing awareness regarding building safety, and the integration of smart technologies to ensure uninterrupted illumination during emergencies. As global safety regulations become increasingly rigorous, organizations across commercial, industrial, and residential sectors are compelled to adopt advanced emergency lighting systems that ensure reliability and compliance with updated standards such as OSHA, NFPA, and IEC. The growing emphasis on workplace safety and efficient evacuation systems has further strengthened the demand for intelligent and energy-efficient lighting solutions. These systems play a vital role in preventing accidents, ensuring safe exits, and maintaining visibility during power failures, fires, or other emergencies.

A key driver accelerating market growth is the integration of smart technologies, including Internet of Things (IoT)-enabled systems, wireless controls, and automated monitoring. The inclusion of IoT allows real-time tracking, fault detection, and predictive maintenance of lighting systems, improving operational reliability and energy management. IoT-enabled LED fixtures, in particular, are emerging as a transformative innovation, offering enhanced functionality through real-time communication between lighting units and centralized control systems. These fixtures enable facility managers to monitor performance, detect malfunctions, and execute maintenance activities proactively, ensuring optimal system efficiency. Moreover, the adoption of smart building automation systems is leading to a rise in the demand for connected emergency lighting that seamlessly integrates with overall safety management frameworks. This technological evolution is not only improving functionality and user control but also reducing operational costs and energy consumption, making it an attractive solution for modern infrastructure.

In addition to technology integration, regulatory frameworks and sustainability initiatives are major contributors to market expansion. Many countries have introduced strict building codes that require the installation of reliable emergency lighting systems in commercial, residential, and public infrastructure projects. Additionally, the global shift toward energy-efficient and environmentally friendly lighting has encouraged the use of LED-based emergency systems, which consume less power and have a longer lifespan compared to traditional fluorescent lighting. Growing urbanization, the construction of smart cities, and the modernization of existing buildings are further boosting the adoption of emergency lighting solutions worldwide. Government-led initiatives promoting green building certifications and energy-efficient retrofitting also continue to create lucrative opportunities for manufacturers and suppliers in this market.

Key Market Trends & Insights:

  • Regional Insights: North America held the largest market share of 38.1% in 2023, primarily due to the presence of advanced infrastructure, strict safety regulations, and early adoption of smart lighting technologies. The Asia Pacific region is projected to grow at the highest CAGR of 15.6% from 2024 to 2030, driven by rapid industrialization, urban expansion, and increased investments in commercial and residential infrastructure, especially in countries such as China, India, and Japan.
  • By Component: The hardware segment dominated the market with a 63.3% share in 2023, supported by strong demand for emergency lighting fixtures, batteries, and control systems. The software segment is expected to record the fastest CAGR over the forecast period as digital solutions for monitoring, control, and predictive maintenance gain traction with the rise of smart building technologies.
  • By Light Type: The fluorescent segment accounted for the largest market share of over 56% in 2023, primarily due to widespread legacy installations across industrial and commercial facilities. The LED segment is anticipated to grow at the fastest CAGR during the forecast period, owing to its superior energy efficiency, longer lifespan, and integration capabilities with IoT-based lighting systems.
  • By Power System: The self-contained power system segment held a share of over 55% in 2023, as these units offer easy installation and lower maintenance requirements. The hybrid power system segment is expected to grow at the fastest CAGR over the forecast period, driven by its enhanced flexibility, energy efficiency, and suitability for large-scale facilities.
  • By End Use: The commercial segment captured approximately 43% of the market share in 2023, supported by strong demand in office buildings, retail outlets, educational institutions, and healthcare facilities. The industrial segment is projected to experience the fastest growth during the forecast period due to rising safety requirements in sectors such as manufacturing, oil & gas, and power generation.

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Market Size & Forecast:

  • 2023 Market Size: USD 6.89 Billion
  • 2030 Projected Market Size: USD 15.18 Billion
  • CAGR (2024-2030): 13.0%
  • North America: Largest market in 2023
  • Asia Pacific: Fastest growing market

Key Companies & Market Share Insights:

The global emergency lighting market is highly competitive, with major players focusing on innovation, partnerships, and technological advancements to strengthen their market position. Prominent companies include ABB, Signify Holding, Honeywell International Inc., General Electric, Emerson Electric Co., Hubbell, and Legrand. These organizations are investing in R&D activities, smart lighting solutions, and energy-efficient technologies to meet evolving customer needs and comply with stringent safety standards. Strategic initiatives such as new product launches, collaborations, and distribution network expansions are also key approaches adopted by these market leaders.

  • In July 2024, Signify Holding launched its new Ecolink brand, offering a competitively priced range of LED luminaires designed in the UK for electrical professionals. The brand focuses on delivering high-quality, energy-efficient lighting solutions, leveraging Signify’s deep expertise and innovation in the lighting industry.
  • In October 2023, Emerson Electric Co. introduced the Appleton HEX LED Series, a comprehensive range of emergency lighting products, including exit signs, combined exit/emergency lights, and lamps-only systems. These lighting solutions come with a 90-minute battery backup and are designed to meet OSHA, NFPA, and NEC standards. Specifically engineered for hazardous industrial environments such as oil refineries, chemical plants, LNG facilities, and water treatment stations, they ensure dependable illumination during emergencies and support safe evacuations.

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Conclusion:

In conclusion, the global emergency lighting market is experiencing strong growth driven by rising safety regulations, rapid technological advancements, and the increasing integration of smart systems. The adoption of IoT-enabled LED solutions and automated monitoring technologies is significantly improving operational efficiency, safety, and energy performance. The growing emphasis on sustainability and energy-efficient infrastructure further accelerates the transition from conventional to smart emergency lighting systems. Regional expansion, especially in Asia Pacific, and strong R&D investments by key market players are shaping the future landscape of the industry. As global demand for reliable and intelligent safety systems continues to rise, the emergency lighting market is expected to achieve robust and sustained growth through 2030.