Emergency Lighting Battery Market Size, Share, By Battery Type (NiCd battery, NiMH battery, Li-ion battery, and Lead-acid battery), By Lighting Lightning Source (LED, Incandescent, and Others), By Application (Residential, Commercial, and Industrial), and By Region- Trends, Analysis and Forecast till 2034

Emergency Lighting Battery Market Size was valued at USD 5.9 Billion in 2024 and is expected to reach USD 10.6 Billion by 2034 growing at a CAGR of 6.6%

An essential part of emergency lighting systems is the emergency lighting battery, which is specifically made to supply alternate power in case of a power failure or outage. These batteries help to keep emergency lights functioning, assisting in directing people to safety during emergencies like fires, natural disasters, or power outages. Rechargeable batteries are commonly used in emergency lighting fixtures. The battery stays in a charging state and is fully charged when the main power supply is working properly. If there is a power outage, the battery will turn on by itself to provide electricity to the emergency lights, which light up exit paths, staircases, and important spaces.

These batteries are commonly composed of nickel-cadmium (Ni-Cd), nickel-metal hydride (Ni-MH), or lithium-ion, each providing unique benefits in terms of lifespan, storage capacity, and maintenance requirements. The duration of these batteries can differ, but typically they endure for multiple years, based on how they are used and maintained.

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Key Drivers of Target Market:

Increasing number of naval modernization program

• Due to increase in naval activities and security concerns, there are many programs on going this has led the submarine battery market move upwards also act as a key driver for the market.

Advancement in submarine technology:

• The shift towards energy-efficient and environmentally friendly lighting solutions has led to the adoption of advanced battery technologies that support sustainability goal.

Restrains:

High Cost:

• The expensive research, development, and production costs for batteries are among the significant constraints to the sector's growth. Most of the time, these may require complicated charging processes, which require certain growth conditions by microorganisms, affecting a setup to be quite expensive may add to the cost. Acceptance will prove to be one of the factors, especially for small and medium enterprises that are unable or unwilling to invest in biocatalysts that cost that much.

The market is segmented based on Battery Type, Lightning Source, Application, and Region.

Battery Type Insights:

• NiCd battery: NiCd batteries are recognized for their robustness and dependability in emergency lighting systems, particularly in settings with severe temperatures. They provide a long lifespan and are able to withstand deep discharges, which makes them appropriate for important uses. Nevertheless, worries about the harmful effects of cadmium have caused a decrease in their popularity, prompting users to switch to more environmentally-friendly options
• NiMH battery: NiMH batteries have a greater energy density compared to NiCd batteries and are also more eco-friendly as they do not contain toxic cadmium. They are appropriate for emergency lighting needs that demand higher energy capacity and are frequently utilized in commercial and industrial environments. NiMH batteries offer a good balance of performance, cost, and environmental impact.
• Li-ion battery: Li-ion batteries are the top choice for contemporary emergency lighting systems because of their high energy density, lightweight design, and extended lifespan. Their low self-discharge rates make them highly effective and dependable for both residential and commercial uses. Li-ion batteries are especially preferred in cutting-edge systems that require lasting performance and a small design
• Lead-acid battery: Lead-acid batteries are a more mature and affordable choice that is still utilized in specific emergency lighting systems, especially in sizeable industrial settings. Despite being large and having less energy density than newer options, their cost-effectiveness and simplicity of replacement make them suitable for budget-friendly uses or older systems

Lightning Source Insights:

• LED: LED technology is the top choice in the emergency lighting industry because of its outstanding energy efficiency, extended lifespan, and luminous illumination. LEDs require less energy, thus increasing the lifespan of the battery in emergency lighting systems, making them suitable for residential, commercial, and industrial use. The widespread use of modern emergency lighting solutions is largely due to the durability and low maintenance of LEDs
• Incandescent: Incandescent bulbs, once widely used, are now mostly being substituted with more energy-efficient choices such as LEDs. They use more energy and do not last as long, making them less ideal for emergency lighting systems that need lasting reliability. Older or traditional systems, especially in residential environments, mainly use incandescent lights.

Application Insights:

• Residential: Emergency lighting in homes usually aims to offer simple, dependable lighting in case of power failures. These systems are created to be affordable and simple to set up, frequently utilizing small and energy-saving batteries such as Li-ion or NiMH. Ensuring safety and convenience in households and small residential complexes is the main objective.
• Commercial: Emergency lighting used in commercial settings must be strong, dependable, and meet safety standards. These systems frequently span extensive areas like offices, malls, and public buildings, requiring robust batteries like Li-ion or NiMH with extended longevity. In commercial environments, the emphasis is on ensuring uninterrupted operation and guaranteeing the safety of occupants in case of emergencies
• Industrial: Emergency lighting systems in industrial settings are built to endure tough conditions and offer consistent lighting in important locations such as factories, warehouses, and processing plants. These systems need durable, high-capacity batteries, with lead-acid and Li-ion being the most frequently selected options. Durability, reliability, and performance under extreme conditions are crucial in industrial settings to ensure worker safety and operational efficiency.

Regional Insights

• North America: North America is one of the leading players in the Emergency Lighting Battery Market worldwide, owing to the presence of a well-organized ecosystem for innovation and market development. The most important factors in the region are the well-developed R&D infrastructure and industries, besides high levels of disposable income. Leading companies invest heavily in developing novel enzymes with better functionality and broader applications, continuously pushing the boundaries of enzyme technology.
• Asia Pacific: The highest growth in the global specialty enzyme market is witnessed in Asia. Several reasons trigger this growth. The pharmaceutical and biotechnology industries in this region are the fastest growing. Second, there is a growth in healthcare spending within the Asia Pacific. Lastly, there is an enhanced demand for processed goods in the region. Other than the above factors, governments of various countries in the region have been enacting policies and initiating funding programs to support and increase R&D activities in biotechnology; this indirectly impacts the Emergency Lighting Battery Market.
• Europe: The Emergency Lighting Battery Market is well-matured and developed in Europe, with strong innovation and regulatory emphasis. Europe's leading companies had always excelled in making high-quality, batteries for all applications. In addition, the sustainable approach of European industries to using green enzymes to produce biofuels and bioremediation will further add to the growth of this market. The Emergency Lighting Battery Market, even approaching saturation from established applications. Growth will only be significant from new goods applications and the environmental sector.
• Latin America: The Latin American Emergency Lighting Battery Market is emerging and promises high growth. The company has witnessed reasonable growth from different Lightning Sources for some time now. The moment the economies in the region start on a growing path, disposable income also goes up. This will increase the processed goods industry and many others, like pharmaceuticals, which heavily require batteries. On the other hand, there is excellent awareness about health in Latin America, which consequently gives way to increasing demand for various diagnostic tests and treatments, including batteries.
• Middle East and Africa: MEA is yet another developing market for batteries, with the expansion being quite stifled due to certain constraints. On the other hand, the capability to produce batteries is low in the MEA market. The region would heavily depend on imports from the rest of the world. Further, the regulatory frameworks for batteries may vary substantially between countries in the MEA region.

Emergency Lighting Battery Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Battery Type, Lightning Source, Application, and Region.

Segmentation:

By Battery Type:

• NiCd battery
• NiMH battery
• Li-ion battery
• Lead-acid battery

By Lightning Source:

• LED
• Incandescent
• others

By Application:

• Residential
• Commercial
• Industrial

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Emergency Lighting Battery Market include Philips Lighting Holding B.V., Hubbell Lighting, Cooper Industries, Schneider Electric SE, Emerson, Legrand S.A., Acuity Brands, Beghelli S. P. A. and Daisalux.

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• Philips Lighting Holding B.V.*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Hubbell Lighting
• Cooper Industries
• Schneider Electric SE
• Emerson, Legrand S.A
• Acuity Brands
• Beghelli S. P. A.
• Daisalux
• Syska

“*” marked represents similar segmentation in other categories in the respective section.