Signaling Devices Market Booming With L3 Technologies, Philips, Thales, Tomar Electronics, Potter Electric Signal, Federal Signal Corporation, NHP, E2S, R. STAHL Inc., Emerson, Rockwell Automation, ABB, Honeywell, Siemens :By 2025
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The global signaling devices 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.
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.
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
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.
Major Market Competitors/Players:
• Siemens AG
• Honeywell International, Inc.
• Rockwell Automation, Inc.
• Eaton, Emerson Electric Co.
• PATLITE Corporation
• R. STAHL AG
• 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.
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Based on product:
• Strobe Beacons
• 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:
On the basis of industry:
• Oil and Gas
• Chemical and Pharmaceutical
• Food and Beverages
• Energy and Power
• Mining and Others
Based on geography:
• North America
• South America
• Middle East & Africa
Major Market Drivers:
• Emphasis on Industrial Safety Measures.
• Led Lighting Solutions increases.
• Risk of explosion in hazardous areas
• Inspection and maintenance costs increased.
Download Detailed TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-signaling-devices-market
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
Scope of the Report:
1. Market trends impacting the growth of the Global Signaling Devices Market
2. Trends of key regional and country-level markets for type, function and application.
3. To get a comprehensive overview of the Global Signaling Devices Market.
4. Historical, current and projected market size in terms of volume and value
5. A neutral perspective towards market performance
6. Must-have information for market players to sustain and enhance their market footprint.
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