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

Simple Lighting Control Strategies that Save Money

Simple Lighting Control Strategies that Save Money

There are a shocking number of buildings that have lighting strategies that waste energy and make spaces uncomfortable for employees. Productivity falls, and businesses lose money. The Commercial Buildings Energy Consumption Survey states that lighting is responsible...

Exterior Signage – Signage Types and Services

Exterior Signage – Signage Types and Services

Exterior signage lets you bring the advertising to your customers. It allows you to easily reach them outdoors, whether they are driving, walking, or biking. Outdoor or out-of-home (OOH) advertising makes it easy for you to promote your brand in public spaces by...

The Most Efficient Solar Panels for 2023

The Most Efficient Solar Panels for 2023

Installing solar panels in a home or commercial building lowers utility bills and conserves energy. However, solar panel fabrication plays a role in its effectiveness. Understanding the differences between the various types of solar panels can help you make the right...

News You Might Be Interested In

Horticultural Society Recommends LED Lighting for Plants

Horticultural Society Recommends LED Lighting for Plants

Horticulturists are finding new and innovative ways to help their plants using lighting. There are now new lighting requirements for horticulturists to use on their crops. The controlled agriculture industry (CEA) finalized lighting requirements for LEDS to be used...

Innovative Ways Banks Can Use Digital Displays

Innovative Ways Banks Can Use Digital Displays

Digital signage and displays are gaining more popularity as a tactical marketing strategy. Digital signage will inform customers and clients and keep them engaged with the business. Banks are finding new ways to incorporate digital signage and displays throughout...

Restaurants Get Creative with Digital Signage

Restaurants Get Creative with Digital Signage

Since the pandemic, restaurants have been strategizing ways to incorporate digital signage into their business as a way to lower the spread of Covid. When dining areas were shut down, the digital signage market suffered because customers were relying on delivery and...

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.