20 September 2018: United
States Emergency Lighting Industry displayed a higher CAGR in the
assessment period owing to augmented applications and expanded scope across
varied sectors. Emergency lighting offers adequate lighting for the secure
flight of people at emergency situations when electricity supply breakdown
takes place. Public places ranging from corporate offices, education
institutions, healthcare centers, to industrial buildings make extensive use of
it.
The key factors that influenced
the Emergency Lighting industry growth positively may entail technological
innovations, increasing adoption levels, augmented awareness levels among the
end users, rising applications, advent of huge market growth opportunities, and
rise in the urbanization.
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States Emergency Lighting Market Research Report at:
The most striking aspects that
are associated with the usage of emergency lights may entail durability and
high energy efficiency. Owing to burgeoning demands and prerequisites across
commercial and industrial sectors, the Emergency Lighting market has attained
huge recognition across the globe.
Also, factors such as
implementation of stringent fire and safety regulations, increasing benefits of
emergency lights, and rising inclinations towards emergency lighting also
offered a great impetus to the market growth. Furthermore, the manufacturers
adopted strategies ranging from partnerships, acquisitions, to joint ventures
that eventually contributed in the inorganic growth of the Emergency Lighting
Market.
On account of all the above
aspects, it is projected that the Emergency Lighting Industry will register a
healthy CAGR in the upcoming period. However, factors such as high investment
and soaring operational costs imposed a major threat on the market growth.
Emergency Lighting market can be split up by product type, power system,
battery type, light source, application, and geography. Also, the market is
divided by product type as Centralized Power Supply, Self-Contained Power
Supply, and others.
The market is categorized by
power system as Central, Self-Contained, Hybrid, and others. Emergency Lighting
industry is classified by battery type as Ni–Cd, Lead–Acid, Ni–MH, LiFePO4, and
others. Also, the market is segregated by light source as Fluorescent,
Induction, LED, Incandescent, and others. The industry is segmented by
application as Commercial, Industrial, and others.
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The market is fragmented by
geography as The West, The Middle Atlantic, New England, Southwest, The South,
and The Midwest. The key players contributed in the robust development of the
Emergency Lighting market are identified as Mule, LINERGY, ZFE, Elp, STAHL,
Philips, Schneider, MPN, Hubbell, Lowe's, Acuity Brands, Eaton, Zhongshan AKT,
Shenzhen Yuanheng, Emerson, NVC, Ventilux, and others.
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