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Signaling Devices Market (Audible & Visual) for Hazardous and Safe Areas, by Product (Strobe Beacons, Lighting and Fire Alarms/Call Points), Connectivity Service (Wired & Wireless), Industry, & Geography - Global Forecast to 2022

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According to the new market research report "Signaling Devices Market (Audible & Visual) for Hazardous and Safe Areas, by Product (Strobe Beacons, Lighting and Fire Alarms/Call Points), Connectivity Service (Wired & Wireless), Industry, & Geography Global Forecast to 2022“ The market is expected to grow from USD 1.49 Billion in 2015 to reach USD 2.03 Billion by 2022, at a CAGR of 4.43% between 2016 and 2022. The growing focus on increasing safety measures in industries, especially process and cooling, is creating a good demand for flame- and explosion-proof signaling audio and visual devices such as horns, speakers, strobe beacons, lighting, and so on. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=184220041&utm_source=P PT&utm_medium=Mahesh


Strobe beacons likely to hold the largest market share during the forecast period Strobe beacons have been a major market for signaling devices. With the increased demand for these products in various industry applications, more advancements are taking place and the end users are focusing on integrating signaling devices as an effective emergency management systems in their industry premise. Strobe beacons are greatly influenced by the signaling devices market (audible & visual) which are most widely used products by almost every industry in the modern era and are posing opportunities for the industry players to invest in these signaling device products.

The Oil and gas industry held the largest share of the signaling devices market in 2015 The signaling devices market (audible & visual) for the oil and gas industry held the largest market size in 2015 and is expected to grow at the highest CAGR between 2016 and 2022. Fueled by the growing application of these signaling devices such as strobe beacons, lighting products, speakers, video surveillance systems, and so on in the exploration and extraction of shale gas and oil, this industry segment is likely to retain its leading position till 2022.


Increasing usage of signaling devices in the oil and gas industry: Signaling devices find application in several industries such as oil and gas, chemical and pharmaceutical, food and beverages, mining, and other industries.Signaling devices are widely used in the oil and gas industry. Due to the highly explosive atmosphere and the presence of flammable gasses, this industry is highly prone to risks. Hence, the use of emergency management systems is crucial. Emergency management systems such as beacons, fire alarms/call points, and lighting systems are widely used in the oil and gas industry. Owing to the increased safety standards for hazardous areas, these products would be used extensively and are expected to grow exponentially in the future. The growing focus on improving safety measures in industries, especially process and cooling, is creating a good demand for flame- and explosion-proof signaling audible and visual devices such as horns, speakers, strobe beacons, lighting, and so on. However, the key factor that is limiting the growth of the signaling devices market is the usage of wireless signaling devices, which may cause an explosion on the industry premises due to electromagnetic waves emitted by these devices. Moreover, the requirement of signaling devices that can operate in a wide area and overcome noise is the key challenge for industry players.


Browse >> 65 market data tables 80 figures 156 Pages and in-depth TOC on “Signaling Devices Market - Global Forecast to 2022� Early buyers will receive 10% customization on this report.

This is a Premium Report Priced at Single user : US $5650 Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.


Key players - The Signaling Devices Market is dominated by • • • • •

Honeywell International Inc. (U.S.) • PATLITE Corporation (U.S.) • Eaton Corporation Plc (U.S.) • Siemens AG (Germany) • • Emerson Electric Co. (U.S.)

Rockwell Automation (U.S.) E2S Warning Signals (U.S.) ABB Ltd. (Switzerland) R.STAHL AG (Germany) NHP Electric Engineering Products (Australia)

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Signaling Devices Market worth 2.03 Billion USD by 2022 - experts report  

Signaling audible and visual devices are gaining momentum in the present era of hazardous area equipment industry due to their benefits and...

Signaling Devices Market worth 2.03 Billion USD by 2022 - experts report  

Signaling audible and visual devices are gaining momentum in the present era of hazardous area equipment industry due to their benefits and...

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