Li-ion Emergency Lights have the highest demand in APAC Emergency Lighting Market The APAC emergency lighting market will increase significantly increase in the years to come. Snowballing expenditure on infra, comprising of indoors and outdoors lighting, and the application of strict safety standards in commercial structures are the main factors responsible for the growth of the industry in the region. The APAC emergency lighting industry is classified into software, hardware, and services. Out of all these, the software will record the highest growth rate in the near future. This can be largely credited to the increasing demand for software solutions for the effectual monitoring of emergency lights. the APAC industry is characterized into emergency lighting solutions running on Li-ion, lead-acid, Ni-Cd, and Ni-MH batteries. The Li-ion emergency lights have the highest demand in the APAC. This is because of the initiatives by quite a few governments in the region, mainly in India, to support the making of Li-ion batteries. For example, under the Make in India, the union government wants to set up a Li-ion battery industrial base to support the acceptance of Li-ion batteries because of their better energy competence and lightweight. Emergency lighting solutions in APAC are extensively used for industrial, commercial, residential, and other purposes. The fastest growth will be observed in the residential application. This is because of the increasing count of smart homes in China, South Korea, Japan, and Taiwan. Asia’s smart home market will reach $115 billion by the year 2030, capturing about a 30% share in the world. In the near future, the APAC emergency lighting market will observe the fastest growth in India. This can be largely credited to the increasing real estate and snowballing construction of urban houses and smart cities in the country, which would drive the demand for emergency lighting solutions in the nation in the coming years. The significant trend in the APAC lighting industry is the increasing acceptance of LED lights. This can be majorly credited to the low consumption of power related to LED technology as opposed to other lighting technologies. Therefore, because of higher energy efficiency, LEDs are an economical option, particularly in the long run. Furthermore, LED emergency lights last longer and are less fragile. Also, falling prices of LED lamps have increased the demand for these lights recently. The main opportunity for the development of the players in the APAC industry lies in the growing acceptance of IoT-enabled emergency lights. IoT makes it easy for private and public organizations to conserve further energy with smart lighting systems. IoT permits lighting settings to acclimate to ecological conditions like rain and fog, thus enhancing energy consumption and safeguarding passable illumination according to the ambiance requirement. The Stringent safety guidelines levied by the governments are contributing to an increase in the demand for emergency lighting. In APAC, the governments of India and China have forced strict guidelines regarding safety in numerous establishments. Read More: https://www.psmarketresearch.com/market-analysis/apac-emergency-lighting-market