LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global photoluminescent products market 2017-2021 report. This market research report also lists four other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global photoluminescent products market is highly fragmented, with the presence of several global and regional players. These vendors offer a wide range of photoluminescent products, globally. Vendors are competing based on product innovations and technological advances, therefore, to remain competitive vendors must invest in R&D to develop innovative technologies, and keep ahead of emerging technologies
“Vendors offer photoluminescent products that are used across industries such as safety, tourism, military, construction, sports, advertising, and maritime industries. The products offered include exit signage, floor signs, tape, and accessories, photoluminescent PVC, vinyl, paints, and warning signs. These products are compliant with various regulations, such as ISO 9001 and ISO 14001”, says Neelesh Prakash Singh, a lead power research analyst from Technavio.
The growth of the construction industry, especially in APAC, plays a significant role in boosting the demand for photoluminescent products. New construction activities in the residential, commercial, and industrial sectors have increased the demand for photoluminescent products. Innovations in building design and increased focus on energy efficiency for buildings have created an opportunity for manufacturers to expand their foothold in the global photoluminescent products market. Photoluminescent products are also used in aircraft in the form of signs and markings. With the increase in fleet size across regions, the demand for photoluminescent products is likely to grow during the forecast period.
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Technavio market research analysts identify the following key vendors:
American Permalight
American Permalight manufactures photoluminescent products, which are widely used in buildings, vehicles, trains, ships, mines, and other spaces. Their products are ISO 9001 and ISO 14001 certified. Some of its products include safety signs, tapes + accessories, and bumper guards.
Jessup Manufacturing Company
Jessup Manufacturing Company manufactures adhesive coated and laminated materials and photoluminescent films and sheets. The products are used across various industries as parts, site safety equipment, and graphics. GloBrite and GloBrite exit signs are brands in the photoluminescent films sector
GLOTECH
GLOTECH is a manufacturer and supplier of photoluminescent powder pigments. The products are manufactured using self-emitting light technology and are used across industries, such as safety, tourism, military, construction, sports, advertising, and maritime industries. Photoluminescent powder pigments, vinyl, paint, and masterbatch are some of the products offered by the company.
Glowway
Glowway is a manufacturer and provider of innovative safety enhancing solutions. It develops photoluminescent pathways for exits in emergency situations and/or electrical outages. Photoluminescent antislip stair nosings, glass tiles, guiding tiles, accessibility products, and warning tiles are some of the products available.
Soluciones Luminiscentes
Soluciones Luminiscentes is a manufacturer of paints, inks, and photoluminescent products. Their main product categories include professional paints and safety products for professionals. Luminiscent PVC, vinyl, and pigments are a few of a large variety of products offered by the company.
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