Emergency Exit Sign Market Scope
Emergency sign exit is a device in Public facility which denotes the closest location for emergency exit. This may be required in the case of fire or other emergencies. The emergency sign is designed in such a way that it easily conveys the message easily.
According to AMA, the Global Emergency Exit Sign market is expected to see growth rate of 4.64%
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Emergency Exit Sign market throughout the predicted period.
Philips Lighting (Netherlands), Schneider Electric SE (France), Eaton (Ireland), Thomas & Betts (United States), Hubbell Lighting Inc. (United States), Acuity Brands (United States), Emerson (United States), Beghelli S.P.A. (Italy), Digital Lumens (United States), Fulham Co. Inc. (United States), Taurac (United States) and Isolite (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Mule Lighting (United States), Legrand S.A. (France), Maxspid (Singapore) and Zhongshan Akt (China).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Emergency Exit Sign market by Type (Electrical Exit Sign and Non-electrical Exit Sign), by Application (Residential, Commercial, Industrial and Public Facility) and Region with country level break-up.
On the basis of geography, the market of Emergency Exit Sign has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
There are various regulatory agencies and codes which governs and ensures the exit sign requirement. These regulatory authorities include the occupational safety and health administration, National Fire Protection Association, International Building Code, Joint Commission on Accreditation of Healthcare Organization and International Fire Code.
- Technological Advancement Led to Incorporation of Light Emitting Diodes (LED’S) as Emergency Exit Sign
- Providing Battery Backup During Power Failure
- Growing Awareness Towards Prevention of Man-made Incidents
- Increasing Deployment of Emergency Exit Sign Across Construction Sites and in Accidents Prone Areas
- Incorporation of Smart Technologies in Lighting Industry
- Growing Need for Adoption of Better Safety Standards
- High Operational Cost and Capital Investment
- Fluctuating Average Selling Price of Display Panel
Key Target AudienceEmergency Exit Sign Manufacturers, Emergency Exit Sign Distributors/Traders/Wholesalers, Raw Material Suppliers, Emergency Exit Sign Subcomponent Manufacturers (Display, Battery Etc.), Downstream Vendors, Emergency Lighting Software Providers, Government Bodies and Others