IoT-Based Emergency Lights for Optimum Output

The Asia-Pacific (APAC) region is witnessing a surge in the installation of internet of things (IoT)-enabled emergency lights, as the technology makes it easy for private and public organizations to preserve more energy via smart lighting systems. IoT allows lighting solutions to adapt to environmental conditions, such as rain and fog, thereby, ensuring adequate illumination according to the requirement and maximizing energy consumption.

Furthermore, the integration of IoT helps in testing and monitoring all emergency lights from any location at any time. These technological advancements along with stringent guidelines by governments pertaining to safety in numerous establishments will drive the APAC emergency lighting market at 10.1% CAGR during 2019–2024. The market generated revenue of $1.2 billion in 2018, which is expected to reach $2.1 billion by 2024.

For instance, safety norms in India state that restaurants, schools, offices, and shopping malls should have emergency/fire exits. Such escape routes must carry appropriate symbols and should be properly illuminated to indicate exists in emergency situations. Emergency lighting solutions offer constant lighting and help in safe evacuation. Currently, the APAC emergency lighting market is observing the trend of rising installation of light-emitting diode (LED) lights, due to the low-electricity consumption associated with the LED technology, in comparison to other technologies.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/apac-emergency-lighting-market/report-sample

Owing to the high-energy efficiency, these lights are considered a cost-effective option, especially in the long run. Moreover, LED emergency lights are less fragile and have longer life span, which make them more suitable in times of energy scarcity. Further, reducing prices of LED lamps have propelled the demand for these lights in recent years.

Comments

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca

How Is Consumer Electronics Sector Helping Silicon on Insulator Market Grow?

Currently, the major players of the silicon on insulator market are taking strategic measures, such as product launches, facility expansions, partnerships, geographical expansions, client wins, and mergers and acquisitions, to gain a competitive edge in the market. For example, in January 2019, Soitec SA extended its collaboration with Samsung Foundry to increase the volume supply of FD-SOIs. With the new agreement, these companies extended their partnership and secured a high-volume supply of FD-SOI wafers to cater to the surging demand for SOI wafers in consumer, automotive, and internet of things (IoT) applications. The wafer type segment of the silicon on insulator market is categorized into radio-frequency SOI (RF-SOI), power-SOI, imager-SOI, photonics-SOI, fully depleted SOI (FD-SOI), and partially depleted SOI (PD-SOI). In 2018, the RF-SOI category generated the highest revenue, due to the escalating use of RF-SOI in advanced LTE smartphones and huge investments made in the

News Market Insights

Search This Blog