Techno World Emergency-Lighting-Battery-Market | Page 2
leading to introduction of smart and intelligent lighting systems. Intelligent lighting
systems can be of two types such as sensor incorporated and non-sensor incorporated.
Sensor incorporated lighting systems are able to change the brightness of lights
automatically by detecting people and daylight. However, non-sensor incorporated
lighting systems are regarded as smart lighting systems, as they can be operated
through programming.
The market in Asia Pacific is projected to witness highest CAGR over the forecast period
(2018 – 2026), owing to increasing infrastructural developments across the emerging
economies in Asia Pacific such as India, Malaysia, and Indonesia. The market for Asia-
Pacific is expected to account 21.9% share of the global emergency lighting battery
market by 2026. Moreover, proliferating smart city projects, government initiatives
regarding provision of residence to the middle and lower economic class population, and
the requirement to enhance transport are projected to present strong growth prospects
for construction industry.
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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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