Global Signaling Devices Market (audible & visual) is expected to reach 2.45 billion by 2026 from XX billion in 2019 at CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Signaling Devices Market can be bifurcated on the basis of product, connectivity services, and industry. On the basis of product, the market has been categorized into strobe beacons, lighting & fire alarms/call points. Connectivity service is divided into wired and wireless services. Industry segment has been further subcategorized into Oil & Gas, Chemical & Pharmaceutical, Food & Beverages, Energy & Power and Mining. The rising concerns on industrial safety measures and growth o fled lighting solutions are the major factors driving the signaling devices market. The key factors that may hamper the market growth are the wireless signaling device that acts as a source of ignition in hazardous areas, and high inspection and maintenance costs. The growing demand for low cost and high light output per watt lighting solutions is the major growth opportunity factor for this market.
Geographically, the Signaling device Market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The rising population is anticipated to drive the Asia Pacific market for signaling device in the future years.
Key Players in the Signaling Devices Market:
• Siemens AG
• ABB Ltd.
• Tomar Electronics, Inc.
• Rockwell Automation, Inc.
• Emerson Electric Co.
• Patlite Corporation
• Eaton Corporation PLC (Cooper Industries)
• R. Stahl AG
• NHP Electrical Engineering Products Pty Ltd.
• E2S Warning Signals
• Werma Signaltechnik GmbH
• Federal Signal Corporation
• Potter Electric Signal Company, LLC
• Honeywell International, Inc.
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The Scope of the Global Signaling Devices Market:
This research report categorizes the Signaling Devices market based on product, industry, connectivity services, and geography.
Global Signaling Devices Market, By Product
• Strobe Beacons
• Lighting
• Bells & Horn
• Fire Alarms/Call Points
• Speakers & Tone Generators
• Visual & Audible Combination Units
• Video Surveillance Systems
• Intercoms
Global Signaling Devices Market, By Connectivity Service
• Wired Connectivity Service
• Wireless Connectivity Service
Global Signaling Devices Market, By Industry
• Oil & Gas
• Chemical & Pharmaceutical
• Food & Beverages
• Energy & Power
• Mining
• Others
Global Signaling Devices Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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