The rising adoption of better safety standards is opening up wide opportunities for the companies operating in the emergency lighting market. The focus of governments around the world has increased towards enhancing their safety standards because of the rising terror attacks and growing uncertainties in terms of natural calamities.
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Apart from this, in countries including Brazil, the U.A.E., and Qatar are making it mandatory to integrate emergency lighting solutions in buildings, which is further driving the demand for emergency lighting market. Geographically, North America made the most use of emergency lighting in 2018, owing to the rising construction of commercial and residential buildings in the U.S.
This market research report provides a comprehensive overview of the emergency lighting market
- Historical and the present size of the emergency lighting market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
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Some of key lighting regulations for testing and maintaining exit & emergency lighting systems across the globe are Standard Fire Prevention Code 1999 and Occupational Safety and Health Administration Code of Federal Regulations. Due to this, the players in the domain have opportunities for testing, installing, and maintaining emergency lights