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LED Emergency Lighting Market Revenue Poised for Significant Growth During the Forecast Period of 2020-2027

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LED Emergency Lighting Market Revenue Poised for Significant Growth During the Forecast Period of 2020-2027

The global LED Emergency Lighting Market is forecasted to be worth USD 4.23 Billion by 2027, according to a current analysis by Emergen Research.  Due to the growing convergence of emergency lighting with aesthetic lighting, the LED emergency lighting market is expected to expand rapidly.

In the forecast timeframe, the rising demand for effective emergency lightning is expected to further fuel market growth. LED costs have decreased tremendously and thus increase demand in different fields of application, like commercial and residential buildings. The increasing demand for LEDs and energy efficiency has driven the manufacturers of lighting goods to expand their LED portfolios.

In August 2020, Koninklijke Philips N.V. acquired Intact Vascular, Inc. Philips will extend its range of image-oriented medical devices by acquiring Intact Vascular. With the Tack Endovascular System, a much-needed device that successfully enhances blood circulation in the vessels of limb, enables healing, and protects limbs; the deal will broaden its product line of treatments for peripheral arteries with minimally invasive impacts.

LED Emergency Lighting  Market Size – USD 2.60 billion in 2019, Market Growth - CAGR of 6.7 %, Market Trends – The rise in LEDs' adoption due to the decline of prices

Get a sample of the report: https://www.emergenresearch.com/request-sample/324

The rising emergency lighting integration with esthetic lighting and the growing demand for energy-efficient emergency lightning are driving the demand for the market.

Key participants include ams AG, NVC Lighting Ltd., Acuity Brands, Inc., IOTA Engineering, L.L.C., Koninklijke Philips N.V., Osram Licht AG, Legrand S.A., Digital Lumens, Inc., Hubbell Incorporated, and Fulham Co., Inc., among others.

Technology Outlook (Revenue, USD Billion; 2017-2027)

Surface Mount

Chips on Board

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Cinema

Commercial

School

Residential

Others

The report explains the current market scenario through diagrams, pictures, charts, tables, and other pictorial representations. The statistical data is obtained through extensive primary and secondary research that offers exhaustive breakdown of the LED Emergency Lighting  market and its key factors. The report also covers the key market drivers, factors restraining the market growth, and the existing and potential market trends.

Get a discount on the report: https://www.emergenresearch.com/request-discount/324

Regional Analysis of the LED Emergency Lighting Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key questions addressed in the report:

Who are the leading players dominating the global LED Emergency Lighting Market?

 Which factors could potentially hamper the global market growth during the forecast period?

 Which regional market offers the most attractive growth opportunities to the companies operating in this market?

 How is the raw material availability affecting the demand for LED Emergency Lighting in this industry vertical?

 The report considers the following timeline for market estimations:

 Historical Years: 2017 – 2018

 Base Year: 2019

 Estimated Year: 2027

 Forecast Years: 2020 – 2027

This is the latest report, covering the current COVID-19 impact on the market. The pandemic has affected every aspect of human life globally. This has brought along several changes in the market conditions. The rapidly evolving market scenario and initial and future assessment of the impact are covered in the report. It contains critical information regarding the current and future growth of the market. It focuses on the in-depth analysis of the market. The report has a section dedicated to the profiling of the key companies in the market, along with the market shares they hold.

Valuable Market Insights:

 The report highlights the latest trends observed in the consumption pattern of each regional segment.

Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.

 The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global LED Emergency Lighting market.

 The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

 In September 2020, Stratasys, a leading market player, made an announcement about the signing of a technical collaborative agreement with Team Penske, a motorsport outfit firm.

Highlights of the TOC: 

  1. Report Overview 
    1.1 Research Scope
    1.2 Key LED Emergency Lighting market segments
    1.3 Major players
    1.4 Market analysis by product
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends 
    2.1 Global LED Emergency Lighting market size
    2.2 Latest LED Emergency Lighting market trends
    2.3 Key growth trends
  3. Competitive Landscape 
    3.1 Global LED Emergency Lighting market key players
    3.2 Global LED Emergency Lighting size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the LED Emergency Lighting market
    3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Read More: https://www.emergenresearch.com/industry-report/led-emergency-lighting-market

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 About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

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