openPR Logo
Press release

Offshore Signaling Devices Market to Expand with Significant CAGR During 2017 – 2025

05-03-2018 03:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
In offshore conditions, the atmosphere or work is very different than on-land operations. In case of any hazardous situation, it is very important to make everyone aware of the situation so that they can take safety measures. Signaling devices are used for such purposes. A device that raises an alarm to warn against any potential danger is called a signaling device. The alarm can be visual or audible depending upon the requirement, application, and surrounding of the place. Signaling devices are normally connected with the control panel of the system and installed at specific positions. They are installed in such a way that the people present in an area are made aware of the undesirable situation or event so that they can take corrective, precautionary actions.

Read report overview at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=28376

Applications of offshore signaling devices primarily include ships, offshore oil and gas platforms, offshore wind farms, and offshore laboratories. Several hazards are present in offshore working environment. Wind, water, weather fire, explosion failure of floating systems in ships or oil rigs, etc., can cause tremendous damage to the offshore infrastructure and to the lives of people working there. Signaling devices play a crucial role as far as safety and security management systems are concerned. Signaling devices are manufactured for continuous observation of changes in the surrounding parameters and for raising an alarm if any undesirable change is observed. Most common types of signaling devices are employed in fire alarm systems, gas alarm system in oil & gas platforms, heavy rainfall or storm warning systems, and earthquake or tsunami warning systems. The signaling devices made for offshore applications are more robust than their on-land counterparts. These system are specially designed to resist the rough conditions of humidity and temperatures of offshore environment. The offshore signaling devices are designed to be explosion-proof, fireproof, and waterproof so that they can remain active in case of a disastrous event.

Get Brochure of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=28376

The offshore signaling devices market can be segmented on the basis of type and application. In terms of type, the offshore signaling devices market can be segmented into visual signaling devices, audible signaling devices, and other control signaling devices. Beacons and stack light are sub-segments of the visual signaling devices segment, whereas bells, hooters, and electronic beepers or buzzers are sub-segments of the audible signaling devices segment. The control signaling devices segment can be further sub-segmented into pilot or navigation lights, stop switches, and push buttons.

Strict offshore safety rules and regulations regarding industrial work safety enforced by governments across the world is a key factor driving the offshore signaling devices market. The disastrous incidents of rig blowout and oil spill of Macondo oil well in the Gulf of Mexico, which caused 11 deaths and severe ocean water pollution, prompted the governments of all the nations across the world to strengthen their legislation regarding offshore operations. Almost 90% of global trade takes place by shipping or marine transportation. This is another major factor fuelling the offshore signaling device market. The recent development of offshore wind farms around the world also pose an opportunity for offshore signaling devices. The wind farms are not only prone to storms, high velocity winds, and ocean waves, but also to ships traveling from nearby sea routes. These ships on collision with wind farms can cause significant loss.


The regional market for offshore signaling device is anticipated to expand at a high growth rate; however, it is largely controlled by the end-use of the signaling device. Most oil & gas platforms in Europe are in the North Sea. Similarly, in North America, most oil & gas platforms are in the Gulf of Mexico. The countries in the Middle East are also expanding their offshore operations for oil & gas exploration. These opportunities are estimated to increase the demand for offshore signaling systems. Apart from the oil & gas industry, the shipping or maritime industry is also significantly large in North America, Europe, and Asia Pacific. This also presents an opportunity for the offshore signaling devices market.

Key players operating in the global offshore signaling devices market include E2S, R. STAHL AG, Federal Signal, Moni Log, IEEE Global Spec, Nor Electronics, Viking Offshore & Marine, Eaton, Zenitel, Tyco, and MARINELEC TECHNOLOGIES.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Offshore Signaling Devices Market to Expand with Significant CAGR During 2017 – 2025 here

News-ID: 1038727 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Signal

Signal Analyzers Market to Eyewitness Stunning Growth by 2027 Covid-19 Analysis …
Major advancements and key strategies depicted here are of great help to make gainful decision making and generate huge profits. This Signal Analyzers market report further talks about some significant factors that fuel and hinder the market growth. It further focuses on variables, which contribute greatly in the expansion of market growth. Perspectives of the expert on closest image of the entire market are also covered in the research analysis
Railway Signal System Market 2022, Growth, Share Types and Key Players: Nippon S …
This report studies the Railway Signal System Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Railway Signal System Market analysis segmented by companies, region, type and applications in the report. The report offers valuable insight into the Railway Signal System market
Signal Booster Market by Analog Signal Boosters and Smart Signal Booster to 2024
Download Free PDF Brochure on Signal Booster Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1920431 . Signal Booster Market Segment as follows: By Region - Global (Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru]) Mobile signal boosters are devices that provide strength to a weak signal by amplifying the
Radio Frequency (RF) Signal Generators Market is Segmented Into Free Running RF …
The radio frequency (RF) signal generators are the devices that are used for producing continuous wave tone. These signal generators are generally used for testing receiver, test system, and components for various applications that can be industrial, mechanical, telecommunication devices or in other RF wave design and test applications. The RF signal generators can work for the frequency range of a few KHz to 6 GHz. A typical RF signal
Global Ship Signal Lamp Market Forecast 2018-2025 Famor, Daniamant, Tideland Sig …
Market study on Global Ship Signal Lamp 2018 Research Report presents a professional and complete analysis of Global Ship Signal Lamp Market on the current market situation. Report provides a general overview of the Ship Signal Lamp industry 2018 including definitions, classifications, Ship Signal Lamp market analysis, a wide range of applications and Ship Signal Lamp industry chain structure. The 2018's report on Ship Signal Lamp industry offers the global
Global Ship Signal Lamp Market 2018 - Den Haan Rotterdam, Famor, Tideland Signal …
Eminent Market, recently published a detailed market research study focused on the “Ship Signal Lamp Market” across the global, regional and country level. The report provides 360° analysis of “Ship Signal Lamp Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Ship Signal