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Emergency Lighting Market

Emergency lighting market for LED light source expected to grow at the <br>highest rate between 2017 and 2022 , LEDs are energy-efficient and their price has been declining since the last few years. Therefore, they are largely used for emergency lighting systems.

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Emergency Lighting Market

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  1. MarketsandMarkets Presents Emergency Lighting Market worth 6.68 Billion USD by 2022 The emergency lighting market is expected to reach USD 6.68 Billion by 2022, at a CAGR of 7.83% between 2017 and 2022. The demand for emergency lighting is increasing because of several factors such as technological advancements taking place in the lighting industry, declining average selling price of LEDs, and increased infrastructure growth in various developing countries such as India, China, and South Korea.

  2. Market for LiFePO4 battery in emergency lighting expected to grow at the highest rate during the forecast period LiFePO4 stands for lithium-iron phosphate battery. It is a kind of lithium-ion battery which has long life, high temperature resistance and have small volume and light weight. LiFeP04 is becoming the preferred choice for emergency lighting not only because the batteries are physically smaller but also they draw far less power when they are charging. LiFeP04 can also last twice as long as traditional emergency lighting batteries such as nickel cadmium or nickel metal hydride. Therefore, they are largely deployed for emergency lighting systems. Emergency lighting market for LED light source expected to grow at the highest rate between 2017 and 2022 LEDs are energy-efficient and their price has been declining since the last few years. Therefore, they are largely used for emergency lighting systems. The market for incandescent light is declining because these are often considered as the least energy-efficient type of lighting commonly found in residential buildings. The old-generation light sources are being slowly phased out and LEDs are preferred as they offer a longer working life and also consume less energy. Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=3345887

  3. Emergency lighting market in APAC expected to grow at the highest rate during the forecast period The emergency lighting market is rapidly expanding in APAC. The focus on real estate projects where lighting is a basic requisite is a major driver for the growth of this market. The countries such as India and China within Asia Pacific are still seeing rapid urbanization. Hence, the overall growth and demand for infrastructure is higher compared to Europe and North America. Report Details:http://www.marketsandmarkets.com/Market-Reports/emergency-lighting-market-3345887.html

  4. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact:Mr. RohanMarketsandMarkets701 Pike Street Suite 2175, Seattle, WA 98101, United States USA : 1-888-600-6441Email: sales@marketsandmarkets.com

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

  6. Contact Us Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.com

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