Press release
Emergency Lighting Battery Market Top Companies to Watch Out: Philips Lighting Holding B.V., Hubbell Lighting, Inc., Cooper Industries
Emergency-Lighting-Battery
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Increasing number of construction activities is driving global emergency lighting battery market growth
Increasing initiatives for development of smart city and connected infrastructure by various governments has resulted in adoption of advanced lighting technologies such as LED lights in buildings. For instance, according to a white paper by Technology that was sponsored by United Parcel Services and Consumer Technology Association, globally smart city initiatives increased to over 235 in 2016, which is increase of over 38% in comparison to 2013.
Asia Pacific emergency lighting battery market is expected to witness highest CAGR over forecast period from 2018 to 2026
The emergency lighting battery market for Asia-Pacific is forecasted to hold 21.9% share in the global market by 2026. The growth in this region is attributed to increasing population, which is propelling demand for construction projects in this region. According to Worldometers, the population of Asia was 4,542 million as of June 8, 2018, which is equivalent to 59.66% of the total world population.
Key companies
Major players operating in the global emergency lighting battery market include Philips Lighting Holding B.V., Hubbell Lighting, Inc., Cooper Industries, Schneider Electric SE, Emerson, Legrand S.A., Acuity Brands, Beghelli S. P. A., Daisalux, Zumtobel Group, and Osram Licht AG.
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Detailed Segmentation:
• Global Emergency Lighting Battery Market, By Battery Type:
o NiCd battery
o NiMH battery
o Li-ion battery
o Lead-acid battery
• Global Emergency Lighting Battery Market, By Lighting Source:
o LED
o Incandescent
o Others
• Global Emergency Lighting Battery Market, By Application:
o Residential
o Commercial
o Industrial
• Global Emergency Lighting Battery Market, By Geography:
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
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