Global SignalingDevices Market is expected to reach USD 2.52 billion by 2025, from USD 1.83
billion in 2017, growing at a CAGR of 4.8% during the forecast period of 2018
to 2025. The upcoming market report contains data for historic years 2014 &
2015, the base year of calculation is 2016 and the forecast period is 2018 to
2025.
Global Signaling
Devices Market, By Connectivity Service (Wired, Wireless), By Product (Strobe
Beacons, Lighting, Bells And Horns, Fire Alarms/Call Points, Speakers And Tone
Generators, Visual And Audible Combination Units, Video Surveillance Systems,
Intercoms), By Industry (Oil And Gas, Chemical And Pharmaceutical, Food And
Beverages, Energy And Power, Mining), By Geography– Industry Trends and
Forecast to 2025
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Major Market Competitors/Players: Global Signaling Devices Market
Some of the major players
operating in the global signaling
devices market are Siemens AG, Honeywell International, Inc., ABB, Rockwell Automation, Inc., Eaton,
Emerson Electric Co., PATLITE Corporation, R. STAHL AG, E2S, NHP., FEDERAL
SIGNAL CORPORATION, WERMA Signaltechnik GmbH + CO. KG, Potter Electric Signal
Company, LLC, Tomar Electronics, Thales Group,
KOITO MANUFACTURING CO.,LTD., Koninklijke Philips Electronics N.V, L3
Technologies, Inc., Auer Signalgerate, HollySys Automation Technologies Ltd., among
others.
Competitive Analysis: Global Signaling Devices Market
The global signaling devices
market is highly fragmented and the major players have used various strategies
such as new product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes market shares of signaling devices market for global, Europe,
North America, Asia Pacific and South America.
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Market Segmentation: Global Signaling Devices Market
The global
signaling devices market is segmented into product, connectivity service,
industry and geographical segments.
Based on
product, the global signaling devices, market is segmented into strobe beacons,
lighting, bells and horns, fire alarms/call points, speakers and tone
generators, visual and audible combination units, video surveillance systems
and intercoms.
On the basis of
connectivity service, the global signaling devices market is classified into
wired and wireless.
On the basis of
industry, the global signaling devices market is classified into oil and gas,
chemical and pharmaceutical, food and beverages, energy and power, mining and
others.
Based on
geography, the global signaling devices market report covers data points for 28
countries across multiple geographies namely north America & south America,
Europe, Asia-pacific and, middle east & Africa. Some of the major countries
covered in this report are U.S., Canada, Germany, France, U.K., Netherlands,
Switzerland, turkey, Russia, china, India, south Korea, japan, Australia,
Singapore, Saudi Arabia, south Africa and, brazil among others. In 2017, North
America is expected to dominate the market.
Market Definition: Global Signaling Devices Market
This market
report defines the market trends and forecast the upcoming opportunities and
threats of the signaling devices market in the next 8 years. A signaling device
is a device which generates an alarm built on the trigger from the control
panel to indicate or warn something/somebody. This alarm can be audible or
visible depending upon the application and surrounding place, where it is
needed. These devices are usually connected over the control panel. They are
arranged and placed in the correct places so that public can be aware of the
problem and can take appropriate measures to deal with the situation. It is
useful in alarming people from environmental problems, like change in climate,
natural disasters like volcanos, tsunami, and hurricanes. Signalling devices
are very important with respect to safety and security management, such as
mining safety system, earthquake warning system, heavy rainfall warning system,
traffic signalling & fire alarm system.
Example of signaling devices are hooters, strobe lights etc. These
devices are built for specific applications and include some extras features
like fire alarm.
Major Market Drivers:
·
Emphasis on Industrial Safety
Measures.
·
Led Lighting Solutions
increases.
Restraints:
·
Risk of explosion in hazardous
areas
·
Inspection and maintenance
costs increased.
Read more about the Global Signaling
Devices Market Report @ http://databridgemarketresearch.com/reports/global-signaling-devices-market/
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