Market Share of Australia Emergency Lighting Industry
The Australian emergency lighting market is favorably concentrated and is dominated by a few significant players, like WBS Technology ABN, ABB Australia (ABB Ltd), Clevertronics Pty Ltd, Haneco Lighting Australia Pty Ltd, and E&E Lighting Australia. These market players are concentrating on expanding their customer base in foreign countries. These companies utilize strategic collaboration initiatives to boost their market share and profitability. However, due to technological advancements and product breakthroughs, mid-size to smaller companies are extending their market presence by securing new contracts and entering new markets.
In January 2021, Zencontrol acquired a significant shareholding in Evolt, an Australian distributor of lighting and emergency products. It distributes several brands across Australia, including Atom, Lutec, Wiz, and the emergency range Ektor. The acquisition opens up new opportunities for Zencontrol's 4th generation-monitored emergency lighting systems. The offer is further expected to strengthen the synergies with monitored emergency lighting and smart buildings together under one Zencontrol cloud solution.
Australia Emergency Lighting Market Leaders
ABB Australia(ABB Ltd)
WBS Technology ABN
Clevertronics Pty Ltd
Haneco Lighting Australia Pty Ltd.
E&E Lighting Australia
*Disclaimer: Major Players sorted in no particular order
