Market Overview:
The global annunciator panels market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fire alarm panels, gas alarm panels, and smoke alarm panels across the globe. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. The global annunciator panels market can be segmented on the basis of type into fire alarm panels, gas alarm panels, and smoke alarm panels. The fire alarm panel segment is expected to hold a major share of this market during the forecast period owing to its increasing demand in residential as well as commercial applications.
Product Definition:
An annunciator panel is a control panel with several illuminated buttons or switches, used to indicate the status of various systems in a building or vehicle.
Fire Alarm Panels:
Fire alarm panels are used in fire alarm systems to detect smoke, heat or other conditions and to alert the building occupants. They are installed on ceilings of commercial buildings, apartments and homes. The system includes a central processing unit that supervises multiple annunciators connected by wires to individual pull stations located at each entryway or door. These panels have replaceable lithium batteries that power an internal microcomputer that monitors temperature-sensitive relays for activated alarms.
Gas Alarm Panels:
Gas alarm panels are a type of safety equipment that is used to detect the leak or presence of gas in an area. They are mainly installed at places where it is difficult to access the source of gas emission such as pipelines, storage tanks, and other utility areas. The product has gained popularity owing to its ability to provide protection against various types of gases including hydrogen sulfide, carbon dioxide, methane and others.
Application Insights:
The global annunciator panels market is segmented by application into residential, commercial and industrial. The commercial segment held the largest share of more than 60% in 2017. This growth can be attributed to the rapid expansion of commercial buildings at a global level owing to growing tourism, construction activities in emerging economies such as India and China, rise in number of shopping malls across various regions globally coupled with an increase in renovation activities at a domestic level is expected to drive demand for annunciator panels over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in industrial and commercial infrastructure, coupled with rising demand for energy-efficient equipment. Furthermore, growing awareness regarding fire safety and security is anticipated to drive regional product demand.
North America accounted for a significant share of global revenue in 2017 owing to early adoption of advanced technologies across various industries, such as manufacturing and oil & gas sectors. Moreover, presence of prominent players in this region will fuel market growth due to high level of competition among vendors offering annunciator panels products/services.
The European market was valued at USD X million in 2017 owing to stringent regulations laid down by governing bodies pertaining fire safety standards within buildings as well as vehicles.- Smoke alarm installation has been made mandatory by law within all new residential constructions since 2014 throughout Europe.
Growth Factors:
- Increasing demand for safety and security in industrial and commercial sectors
- Growing awareness about the benefits of using annunciator panels
- Rising investments in infrastructure development projects
- Proliferation of smart cities that need advanced communication systems
- Technological advancements that make annunciator panels more efficient and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Annunciator Panels Market Research Report
By Type
Fire Alarm Panels, Gas Alarm Panels, Smoke Alarm Panels
By Application
Homehold, Commercial, Industrial
By Companies
ABB, Eaton, Honeywell, Alpha, Bosch, AMETEK, AES Corporation, Mircom, Qualitro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Annunciator Panels Market Report Segments:
The global Annunciator Panels market is segmented on the basis of:
Types
Fire Alarm Panels, Gas Alarm Panels, Smoke Alarm Panels
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homehold, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Eaton
- Honeywell
- Alpha
- Bosch
- AMETEK
- AES Corporation
- Mircom
- Qualitro
Highlights of The Annunciator Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fire Alarm Panels
- Gas Alarm Panels
- Smoke Alarm Panels
- By Application:
- Homehold
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Annunciator Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Annunciator panels are a type of warning system that is used in commercial vehicles to indicate the presence of hazardous materials. These systems typically include a series of lights and audio alerts, which can warn drivers when they are approaching areas where there may be dangerous chemicals or other hazards present.
Some of the major companies in the annunciator panels market are ABB, Eaton, Honeywell, Alpha, Bosch, AMETEK, AES Corporation, Mircom, Qualitro.
The annunciator panels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Annunciator Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Annunciator Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Annunciator Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Annunciator Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Annunciator Panels Market Size & Forecast, 2020-2028
4.5.1 Annunciator Panels Market Size and Y-o-Y Growth
4.5.2 Annunciator Panels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fire Alarm Panels
5.2.2 Gas Alarm Panels
5.2.3 Smoke Alarm Panels
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Homehold
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Annunciator Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Annunciator Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fire Alarm Panels
9.6.2 Gas Alarm Panels
9.6.3 Smoke Alarm Panels
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Homehold
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fire Alarm Panels
10.6.2 Gas Alarm Panels
10.6.3 Smoke Alarm Panels
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Homehold
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fire Alarm Panels
11.6.2 Gas Alarm Panels
11.6.3 Smoke Alarm Panels
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Homehold
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fire Alarm Panels
12.6.2 Gas Alarm Panels
12.6.3 Smoke Alarm Panels
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Homehold
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fire Alarm Panels
13.6.2 Gas Alarm Panels
13.6.3 Smoke Alarm Panels
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Homehold
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Annunciator Panels Market: Competitive Dashboard
14.2 Global Annunciator Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Eaton
14.3.3 Honeywell
14.3.4 Alpha
14.3.5 Bosch
14.3.6 AMETEK
14.3.7 AES Corporation
14.3.8 Mircom
14.3.9 Qualitro
