Signaling Devices Market Comprehensive Evaluation of the Market via in-Depth Qualitative Insights by 2025


The Signaling Devices market is expected to grow from US$ 1588.9 Mn in 2017 to US$ 2675.3 Mn by 2025 at a CAGR of 6.7% between 2017 and 2025.

The Signaling Devices market 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.

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.

Top Companies Mentioned: ABB, Eaton Corporation PLC (Cooper Industries), Emerson Electric, Honeywell International, L-3 Communication Holding, R.STAHL , Rockwell Automation, Siemens , Thales Group, Werma Signaltechnik

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