Press release
Global Signaling Devices Market is Expected to Thrive at a CAGR of 4.7% by 2023 | Top Key Players - Siemens AG, ABB Ltd., Emerson Electric Co., Honeywell International, Inc., Eaton Corporation Plc
The global signaling devices market accounted for USD XX.X Billion in 2017. Further, the market is expected to reach to a valuation of USD XX.X Billion by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 4.7% during the forecast period i.e. 2018-2023.
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Growth Drivers & Barriers
Rising cases of natural disaster all over the world coupled with growing security concerns are anticipated to increase the growth of the global signaling devices market in the upcoming years. In addition to this, increasing government focus on industrial safety & security measures of workers is projected to intensify the growth of the global signaling devices market. Further, factors such as technological developments, smart city concepts, and increasing urbanization are spearheading current and future growth prospects of the global signaling devices market. Moreover, rising demand for low cost and high light output per watt lighting solutions is expected to drive the growth of the global signaling devices market over the forecasted period.
However, factors such as high inspection and maintenance cost is likely to negatively impact the demand for the global signaling devices market.
Regional Outlook:
In terms of geography, the signaling devices market is analyzed into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, North America is expected to account for the highest percentage of market share in the overall signaling devices market during the forecast period. Continuous enhancement of signaling devices solutions and increasing safety concerns are believed to positively impact the growth rate of North America signaling devices market in the upcoming years. In addition to this, growing demand for signaling devices in petrochemical units and manufacturing plants, are the major factors driving the growth of the market in the region. Further, increasing cases of natural disasters in countries such as Japan and South Korea is encouraging the demand for signaling devices in the Asia Pacific region.
Segmentation
The research offers a comprehensive analysis of signaling devices market with respect to following sub-markets:
By Product Type
- Strobe Beacons
- Speakers & Tone Generators
- Lighting
- Visual & Audible Combination Units
- Bells & Horns
- Intercoms
- Fire Alarms/Call Points
- Video Surveillance Systems
By Connectivity Service
- Wired Connectivity Service
- Wireless Connectivity Service
By Industry
- Energy & Power
- Oil & Gas
- Food & Beverages
- Chemical & Pharmaceutical
- Mining
- Others
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- Siemens AG
- ABB Ltd.
- Emerson Electric Co.
- Honeywell International, Inc.
- Eaton Corporation Plc
- NHP Electrical Engineering Products
- Patlite Corporation
- Rockwell Automation
- E2S Warning Signals
- R. STAHL AG.
- Other Prominent Players
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Barriers in Global Signaling Devices Market
3. Global Signaling Devices Market Trends
4. Opportunities in Global Signaling Devices Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Global Signaling Devices Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Signaling Devices Market Segmentation Analysis, By Product Type
8.1. Introduction
8.2. Market Attractiveness, By Product Type
8.3. BPS Analysis, By Product Type
8.4. Strobe Beacons Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Speakers & Tone Generators Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Lighting Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.7. Visual & Audible Combination Units Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8. Bells & Horns Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.9. Intercoms Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.10. Fire Alarms/Call Points Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.11. Video Surveillance Systems Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Signaling Devices Market Segmentation Analysis, By Connectivity Service
9.1. Introduction
9.2. Market Attractiveness, By Connectivity Service
9.3. BPS Analysis, By Connectivity Service
9.4. Wired Connectivity Service Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Wireless Connectivity Service Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10. Global Signaling Devices Market Segmentation Analysis, By Industry
10.1. Introduction
10.2. Market Attractiveness, By Industry
10.3. BPS Analysis, By Industry
10.4. Energy & Power Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. Oil & Gas Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. Food & Beverages Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. Chemical & Pharmaceutical Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.8. Mining Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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About KD Market Insights
KD Market Insights has come with the idea of helping business by intelligent decision making and thorough understanding of the industry. We offer a comprehensive database of syndicated research, customized reports as well as consulting services to help a business grow in their respective domain. At KD Market Insights, we offer our client a deep Market research reports accompanied by business consulting services that can help them to reach on top of the corporate world. Our customized reports are built by keeping all factors of the industry in mind.
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