Light emitting diode is the most preferred type of technology in the mining industry. LED can provide around 50,000 hours of useful light that is nearly about 50 times more than the other available technologies. They do not have glass coverings or filaments that can break. As a result of the efficiency provided by LEDs, they occupy a major share in underground lighting market.
Some of the companies that operate in this industry are: MineARC Systems, Elign Equipment Group, Wye Valley Associates Ltd, Coolon Pty Ltd., Mine Supply Company, Atlas Copco AB, Xerebrus Inc., Voltex Lighting, Hudaco Industries Ltd., Eaton, Victor Products, Metindustrial (Pty)Ltd., and Northern Lights Electronic Design, LLC.
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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
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- Europe
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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