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Indian Emergency Lighting Market Analysis

  • February 2014
  • 78 pages
  • Frost & Sullivan
Report ID: 2043240

Summary

Table of Contents

Corporate Responsibility and Government Regulations Will Jointly Ensure a Safe Emergency Environment

Executive Summary

- In India, safety and security issues are gaining importance with government and real-estate developers seeking to provide safer environment by installing emergency lights in almost every building.
- The market is concentrated in the hands of a few market players such as Prolite Autoglo Limited, Cooper Industries, Thorn Lighting and Tridonic GmbH. Other domestic and unorganized participants have little share in the market.
- Severe power crisis in states such as Tamil Nadu, Andhra Pradesh and Orissa will ensure a steady demand for emergency lights in the Indian market.
- Increasing construction and development activities in shopping malls, theatres, airports, information technology (IT) office complexes, and hotels are expected to push the demand for maintained signages in emergency lighting.
- Technology plays a major role in emergency lighting market and hence end users prefer emergency lights that have monitoring and controlling systems to switch on or off, to control brightness, to indicate battery malfunctioning or end of lamp’s life and so on.
- As fire safety norms are becoming stronger in India, flame-proof specification is becoming an important add-on technology for emergency lighting.

CEO’s Perspective

Ability to offer LED-based emergency lighting in the product portfolio is critical, as it is the most demanding technology and offers highly efficient lighting solutions.
Direct sale helps to build a strong client base and is the key to market penetration. Additionally, good reputation among electrical consultants and contractors is essential for gaining the competitive advantage.
Manufacturing companies that comply with building and fire safety standards and allot xx % to xx % of revenue for research and development will earn more credibility.
Offering conversion kits along with the complete package of emergency lighting as a part of product portfolio will widen customer base as the company can target both new and retrofit projects.
Suppliers focusing on commercial segment will earn more sales revenue. This trend will be supported by voluntary initiatives aimed at achieving more efficiency and expected implementation of mandatory rules necessitating installation of emergency lighting in every building.

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