Australia Emergency Lighting Market Report and Forecast 2025-2034

Australia Emergency Lighting Market Outlook 

The Australia emergency lighting market size is expected to grow at a CAGR of 5.4% between 2024 and 2032.                                      

Key Takeaways

• In 2022, the Australian construction sector witnessed a surge, with a total of 241,926 dwellings under construction, marking a 0.7% increase from the previous record set in March. The rise was notably driven by a surge in new private sector houses, reaching 102,908 in June 2022, the highest since March 2021.

• The adoption of Internet of Things (IoT) technology presents significant economic prospects, with forecasts suggesting a potential boost of USD 230 billion to Australia's GDP over the next decade. Furthermore, the blockchain and cryptocurrency sector in Australia experienced remarkable growth, with a 153% increase in the number of operating companies.

• By 2025, the industry players are expected to contribute over USD 175 billion annually to the global business value. Notably, the construction industry remains a key economic driver, generating USD 367.2 billion in revenue and constituting approximately 9% of Australia's GDP.

• With commercial construction activity on the rise, valued at USD 29.6 billion in 2022 and projected to increase further to USD 29.8 billion in 2025, new opportunities emerge for market players.

The surge in demand for energy-efficient lighting systems across residential, commercial, and industrial sectors propels the growth of low-power consumption bulbs in emergency lighting systems. Emergency lighting, crucial for residential, industrial, and other applications, is mandatory in residential infrastructure like student accommodations and apartment buildings. Technological advancements in the lighting market, offering energy-efficient, self-diagnostic, and long-lasting solutions, further drive the Australia emergency lighting market expansion. Moreover, stringent government regulations on fire and safety standards bolster the Australian emergency lighting market.

The construction industry, generating a substantial USD 367.2 billion in revenue, plays a pivotal role in Australia's economy, contributing around 9% of the GDP. Projections suggest a steady annual growth rate of 2.4% from 2019 to 2024. Notably, commercial construction activity is on the rise, with the value of commercial building projects reaching USD 29.6 billion in 2022 and forecasted to increase to USD 29.8 billion by 2025. This uptick in commercial construction presents lucrative opportunities for the emergency lighting market.

Stringent governmental guidelines mandate the installation of emergency lighting in various building classifications, as per the National Construction Code and Victorian Building Authority standards. These regulations ensure compliance with Australian standards for emergency lighting systems, covering design, installation, maintenance, and product requirements in commercial premises.

Government initiatives further contribute to the Australia emergency lighting market development and demand, particularly in response to power outages like the recent incident in Victoria, where damaging winds caused significant disruptions. Businesses without backup generators were forced to suspend operations, highlighting the critical role of emergency lighting during such events.

Innovations such as IoT-enabled emergency lighting systems, operable via smartphones, reflect the market's evolution to meet modern demands. As urbanisation drives construction projects across the country, the need for reliable emergency lighting solutions remains paramount, positioning the market for sustained growth.

Market Segmentation

Australia Emergency Lighting Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Offering

• Hardware

• Software

• Services

Market Breakup by Lighting Type

• LED

• Fluorescent Lighting

• Incandescent

• Others

Market Breakup by Power System

• Self-Contained Power System

• Central Power System

• Hybrid Power System

Market Breakup by Application

• Commercial

• Industrial

• Residential

Market Breakup by End-Use

• Hospitals

• Schools and Educational Institutions

• Commercial Buildings

• Others

Market Breakup by Region

• South Wales

• Victoria

• Queensland

• Western Australia

• Australian Capital Territory

• Others

Competitive Landscape

Key players in the emergency lighting in Australia design, manufacture and provide products and services aiding the end-users with advanced services and applications.

• ABB Ltd.

• WBS Project H Pty Ltd T/as WBS Technology

• Clevertronics Pty Ltd.

• Heneco Lightning Australia Pty Ltd.

• Legrand Australia Pty Ltd.

• E&E lightning Australia

• Famco Lighting Pty. Ltd.

• nLighten Australia

• Zencontrol Limited

• Synnovate Australia

• Others

Key Highlights of the Report