Rising Market – Energy Efficient Emergency Lighting

by | Dec 13, 2021 | 0 comments |

Emergency lighting is a rapidly increasing market on a national and global scale. Battery-based lighting ensures that facility and property owners will have backup power in case of emergencies. These emergencies do not have to just be natural disasters, but regular power outages as well. The lithium-ion battery is growing in popularity in some regions because of the upticks in the population in certain cities. Lithium-ion batteries are also advancing in their technology by becoming more powerful and smaller in size. These qualities make the battery a perfect choice for emergency lighting systems around the world.
According to a report by ResearchandMarkets.com, at the end of 2020, the global market for emergency lighting was approximately $5 billion. It is estimated to grow even more by the end of 2026. As 2021 ends, the U.S. market for emergency lighting was worth nearly $1.6 billion. China is expected to follow suit as their market is believed to reach $1.2 billion by 2026. Other countries like Australia, India and South Korea make up a significant portion of the market as well.
Businesses around the world are recognizing the importance of proper emergency lighting. These markets will only keep growing as new infrastructures are being built in countries, where more cities are in the process of being developed. Batteries like lithium-ion will be more in demand as well as the nickel metal hydride (NiMH) that is used for exit signs and pathway lighting.
Click here to read the full article. Originally posted on Galveston County Daily News.

0 Comments

Blogs You Might Be Interested In

What Makes A Good Project Manager vs. A Bad Project Manager?

What Makes A Good Project Manager vs. A Bad Project Manager?

Project managers and project management companies are present in all industries. They lead projects of various sizes, managing and ensuring timely delivery. While the majority of project managers are capable and efficient, you can run into some that fall short of...

Upgrade to Industrial LED Lighting – Consider Your Space

Upgrade to Industrial LED Lighting – Consider Your Space

With their extended hours of operation and need to illuminate large areas, industrial facilities can benefit from installing LED lighting and controls. Lighting upgrades for industrial facilities are also labor-intensive when it comes to auditing and retrofitting the...

News You Might Be Interested In

Daylighting Controls Shows Health and Environmental Benefits

Daylighting Controls Shows Health and Environmental Benefits

Architects are attempting to integrate daylighting sensors into buildings as a means of making more energy-efficient facilities. Daylighting is a type of timed sensor where the brightness and color of the interior lighting mimics the sun and time of day. Meaning, from...

How Do Solar Panels Work?

How Do Solar Panels Work?

More facility managers are installing solar panels in their buildings as a way to implement sustainability practices into their business practices. Solar panels are used to convert sunlight into energy as a way to lower the amount of electricity used through...

Join Our Community

Thousands of business professionals rely on Action Services Group for the latest in Lighting,
Signage, and Electrical news. Add yourself to our community and receive timely updates on
safety, new products, energy savings, rebates, and so much more.
You can select what information you would like to receive.