Growing adoption of fire and industrial signaling devices will raise signaling devices Market by 2025 with a CAGR of 6.7%.

by Sameer Joshi or 15-May-2017

The “Signaling Devices Market to 2025 by Type (Control Devices, Audible Devices, Visual Devices), Application (Fire & Signaling devices, Hazardous Area Signaling, Wide Area Signaling) and End-User (Warehouse & Factories, Mining, Commercial, Marine, Others) – Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of signaling devices market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant signaling devices players in the market and their key developments.

The Signaling Devices market accounted for US$ 1520 million in 2016 and is expected to grow during the forecast period 2017 – 2025, to account for US$ 2675.3 million in 2025. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments. Signaling device generates an alarm to warn or indicate somebody by producing an audible sound or visible alert in case of emergency or other alert applications. The devices are linked with control panel and are installed at precise locations in such a way that when needed the people can be alerted and corrective measures can be taken. With a motive to minimize the losses that occur due to natural disasters such as earthquakes, tsunamis, hurricanes, volcano eruptions, and others, safety measures can be taken by using signaling devices.

The global signaling devices market by geography is segmented into five region including North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to account for the largest share of the global signaling devices market in 2016, followed by Europe. Germany and UK being two key countries in Europe region which will lead signaling devices market in this region and is also expected to continue its dominance throughout the forecast period from 2017 to 2025. Some of the leading signaling market players are 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 and Werma Signaltechnik GmbH + Co. KG among others.

The report segments the global Signaling Devices market as follows:

Global Signaling Devices Market – By Type

Control Devices
Audible Devices
Visual Devices

Global Signaling Devices Market – By Application

Fire & Industrial
Hazardous Area
Wide Area

Global Signaling Devices Market – By End-user Industry

Warehouse & Factories

Global Signaling Devices Market – By Geography

North America

Rest of Europe

Asia Pacific (APAC)
Rest of APAC

Middle East & Africa (MEA)
Saudi Arabia
South Africa
Rest of MEA

South America (SAM)
Rest of SAM