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Electroluminescent Lighting Market - Key Growth Factors and Industry Analysis 2016-2024

03-14-2018 08:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
The electroluminescent lights are low power consuming and when they are electrically charged they lose their energy in the form of light. Special features of electroluminescent lighting systems are encouraging customers to replace the traditional lighting systems in wide number of applications. End use industries like automotive and transportation, electronics and electrical etc. are growing rapidly.

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Manufacturers are focusing on implementation of new technologies to light up various items inside and outside of the vehicle using electroluminescent lighting ultimately driving the growth for this market. Construction and architectural industries are also in there growth phase and electroluminescent lighting finds a numerous applications in this industries in the form of stairway lighting, night lights, landscape lighting, floor mats etc. this is also acting as a driver for electroluminescent lighting market.

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Printing technology companies like GSI technologies have done mergers and. Acquisitions with leading electroluminescent lighting display companies to use there assets to supply the need of high volumes of printed lights for automotive, transportation, medical lighting applications etc.

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In addition to all these advertising industry also finds a multiple applications for electroluminescent lighting in sign boards, banners, posters, billboards, POP signs in stores, trade show booths, special offer signs, podium in front of booth area etc. they are also expected to grow during forecast period contributing to the growth of electroluminescent lighting market.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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