Emergency Lighting Battery Market, By Battery Type (Lithium-ion Batteries, Nickel-Cadmium (NiCd) Batteries, Nickel-Metal Hydride (NiMH) Batteries, and Lead-Acid Batteries), By Application (Commercial, Residential, Industrial, Institutional, and Others), By End User (Retail, Healthcare, Education, Hospitality, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Sep 2024

Code : CMI1766

Pages :151

Formats :

Excel and PDF

Industry : Semiconductors

Key Developments

In April 2024, EnerSys, the global leader in stored energy solutions for industrial applications, announced it had entered into a definitive agreement to acquire Bren-Tronics, Inc., a leading manufacturer of highly reliable portable power solutions for military and defense applications. The all-cash transaction, valued at US$ 208 million, is expected to close in the second quarter of 2024, subject to regulatory approvals and customary closing conditions.
In June 2023, Duracell, a leading brand in battery technology, launched a new line of rechargeable batteries specifically designed for emergency lighting applications. This innovative product line aims to provide reliable power solutions for various emergency scenarios, ensuring that essential lighting remains operational during power outages or emergencies.
In January 2023, Exide Industries Limited, a prominent manufacturer of lead-acid batteries in India, announced the expansion of its manufacturing facility to enhance production capacity for emergency batteries. This strategic move aims to meet the growing demand for reliable power solutions in critical applications, especially during power outages and emergencies.
In November 2022, Schneider Electric, a global leader in the digital transformation of energy management and automation, announced a strategic partnership with Signify, the world leader in lighting, to integrate advanced emergency lighting solutions into Schneider Electric's comprehensive portfolio. This collaboration aims to provide customers with a comprehensive suite of energy-efficient and resilient lighting systems for various applications, ensuring safety and sustainability in the face of power outages or emergencies.