Signaling Devices Market 2018 Global Analysis, Opportunities and Forecast To 2025

The Insight Partners Added “Signaling Devices Market to 2025 - Global Analysis and Forecast by Type, Application and End-User” To Its Research Database.

Every year more than 37,000 fire and explosion accidents occurs in industries and manufacturing areas, leading to loss of property and life. Costly breakdowns, material shortages or manufacturing environment safety are some of the concerns need to be addressed with signaling devices installation in industries. Signaling devices by geography is segmented as North America, Europe, APAC, SAM and MEA. North America and Europe being most developed region globally and are also having strict government safety regulations, therefore is expected to account around 60% of the total signaling devices market. Many of the industrial, mining, oil & gas plants as well as commercial segment across the globe are facing serious issues related to explosion and accidents due to lack of on-time hazardous warning. The Signaling Devices market accounted for US$ 1520.0 million in 2016 and is expected to grow during the forecast period 2017 – 2025, to account for US$ 2675.3 million in 2025.

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One of the major driving factor fueling the growth of signaling device is growing focus on safety in industrial sector. In addition to this there are several other factors driving the market such as increase in the urbanization, Growing demand for safety equipment and government improving the industrial safety by safety rules. However, the factors hindering the growth of signaling device is high initial cost and lack of expert professionals. Increasing safety in industrial sector is expected to boost the market over the forecasted period.

The report focuses on an in-depth segmentation of this market based by type, application, and end-user industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further bifurcated by respective countries. By end-user vertical warehouse and factories sector accounted for the largest share of the signaling devices market in 2016; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.

North America is one of the prominent regions in signaling devices market which will contribute highest revenue globally due to growing automation in manufacturing plants and petrochemical units requiring integrated operating and monitoring systems for harsh and hazardous locations. Rapidly growing economies in Asia-Pacific (APAC) which includes countries such as Japan and South Korea are two of the booming electronic device market, further fueling the growth of signaling devices market in APAC

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Signaling Devices Market Key Players
ABB Ltd.
Eaton Corporation PLC (Cooper Industries)
Emerson Electric
Honeywell International Inc.
L-3 Communication Holding, Inc.
R.STAHL Inc.
Rockwell Automation
Siemens AG
Thales Group
Werma Signaltechnik GmbH + Co. KG

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World Automotive Interior Market Report 2018-2025” is a professional and in-depth study on the current state of the Network as a Service Market. This report studies Network as a Service in Global market, especially North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).

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