KVM Switch Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)Posted by Statzy Market Research on April 15th, 2021 Technological advancement in the lighting market has led to the development of energy-efficient, self-diagnostic with extended lifespan is driving the growth of the market. Moreover, strict fire and safety regulations by the government are expected to thrive in the Australian emergency lighting market. - The advancement in the Internet of Things (IoT) has led to the emergence of networked and communications-enabled emergency lights systems (IoT based). Most of the key vendors are developing and commercializing IoT-based emergency lights systems that can be operated through smartphones. For instance, WBS Technology’s EMIoT is an emergency lighting network and testing system that leverages IoT technology to create a cost-effective, wireless cloud solution that allows live remote monitoring of 99% of the building with no cabling or additional hardware. Its implementation in the smart building is expected to drive the market in the future. - However, the government has ceased many infrastructure construction projects to prevent the spread of COVID-19 pandemic. Also, it has disrupted the supply chain of emergency light from China, which is expected to hinder the growth of the market temporarily. - According to the Australian industry and Skill committee, the construction industry generates over AUD 360 billion in revenue, producing around 9% of Australia’s Gross Domestic Product, and has a projected annual growth rate of 2.4% in the next five years and is expected to fuel the market. - Moreover, to reduce the energy costs and to optimize the management of grid networks, Northern Territory governments have taken the initiative to invest heavily in smart street lighting. Many international and domestic companies are strategizing to obtain the project. For instance, Telensa, the UK-based smart city, and street lighting provider, announced a partnership with the City of Darwin in Australia. It will replace about 10,000 street and public lights with wirelessly connected LEDs. These streetlights will then be controlled by the Telensa Central Management System (CMS) and hosted in Australia by Amazon Web Services, which is expected to drive the growth of LEDs. Free Sample report for this report is available :- https://www.statzyreports.com/report/sr497541/australia-emergency-lighting-market - LEDs reduce power consumption and light pollution and have higher self-life as compared to the halogen bulbs. The increasing penetration of LEDs due to their energy-efficient and cost-saving nature, is impacting the growth of the market. As they are highly controllable, when integrated with a driver, the intensity can vary based on the requirements. - According to Energy Rating Australian Government report, on an average, there are 37 light bulbs which accounts for 10% of the average Australian household electricity budget, and by replacing 18 halogens lamps with LEDs, customer can save AUD 102 per year. - Moreover, according to the Lighting Council Australia, the halogen light will disappear within two years due to the ban that is expected to be exercised in September 2020. It will also restrict the import of halogen bulb in the country that will drive the growth of more efficient and environmentally-friendly LED lighting. The government estimates this switch will save at least AUD 1.48 billion over ten years. - February 2020 - EnLighten Australia and GM poles partnered together to assist towns and councils affected by the devastating bushfires. 18.6 million hectares and over 5,900 buildings have been destroyed, and the company pledged to support these affected areas by providing the solar light solution. The Zorro unplugged solar light is an ALL-IN-ONE luminaire that has an integrated solar panel, LED array, and microwave sensor and battery, all within one standalone system. So, the lighting will provide a well-lit area that will encourage people to walk at night and enjoy community life. For sample report please visit : https://www.statzyreports.com/report/sr497541/australia-emergency-lighting-market
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