Market Overview:
The global audible signaling equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for audible signaling equipment in various industries such as oil and gas, chemical and pharmaceutical, food and beverages, energy and power, mining, and others. Additionally, the growing awareness about safety among workers is also propelling the growth of this market.
Product Definition:
The definition of audible signaling equipment is any device used to produce an audible sound for the purpose of communication or warning. The importance of audible signaling equipment is that it provides a way for people to communicate or warn others in situations where verbal communication is not possible or would be ineffective.
Wired Control:
Wired control is a technique of electrical signaling used in audible signaling equipment. It is also known as hard wiring or cable wiring. In this system, the signal from one device (the transmitter) is sent to another device (the receiver) using an insulated wire. The receiver then produces the desired sound by converting the analog signal into digital form and back again at its output terminals.
The primary factor responsible for market growth includes growing demand for wireless systems that are easy to install.
Wireless Control:
Wireless control is the new term used to express digital signal processing technology. It is a system that enables data transmission without any wired connection. The wireless control market has been witnessing significant growth over the past few years owing to increasing demand for infotainment systems in automobiles and portable devices such as smartphones, tablets, and laptops.
Application Insights:
The oil and gas application segment accounted for the largest market share in 2017. The growth of this segment is attributed to the rising demand for audible signaling equipment in oil and gas facilities, which are prone to accidents owing to the presence of hazardous materials. In addition, stringent regulations regarding noise pollution at drilling sites are further driving the demand from this sector.
The food and beverages application segment is expected register a CAGR of XX% over the forecast period owing to an increase in product adoption by beverage manufacturers as well as food processing companies across various industries including energy, mining, chemicals, healthcare among others that require warning signals or alarms during critical stages such as heating or cooling processes leading to product innovation with enhanced features such as multi-lingual messages supported by software upgradeable via Wi-Fi connectivity enabling global audible signaling equipment market growth across all applications segments globally over next eight years to 2030.
Regional Analysis:
North America is expected to be the fastest-growing region over the forecast period owing to technological advancements and increasing demand for automation in industries. The U.S., in particular, has been witnessing a significant increase in investments from foreign companies due to its advanced infrastructure and communication systems coupled with favorable government policies supporting innovation.
The Asia Pacific is estimated to be the second-fastest growing region during the forecast period owing to rising demand from emerging economies such as China, India, Indonesia, Malaysia and Vietnam. Increasing disposable income of consumers coupled with rapid urbanization resulting into increased construction activities are anticipated as key factors driving this market over the next eight years.
Growth Factors:
- Increasing demand for audible signaling equipment in the transportation sector due to growing safety concerns
- Proliferation of smart cities and the associated need for better communication and coordination among various municipal agencies
- Rising demand from the industrial sector for audible signaling equipment to improve workplace safety
- Growing popularity of audible warning systems in construction and mining applications
- Increasing awareness about the benefits of audible warning systems among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Audible Signaling Equipment Market Research Report
By Type
Wired Control, Wireless Control
By Application
Oil and Gas, Chemical and Pharmaceutical, Food and Beverages, Energy and Power, Mining, Others
By Companies
Patlite Corporation, Federal Signal Corporation, Werma Signaltechnik GmbH, Eaton Corporation PLC (Cooper Industries), Rockwell Automation, Inc., Potter Electric Signal Company, LLC, Honeywell (Novar GmbH), Schneider Electric, R. Stahl AG, Auer Signal, Patlite Corporation, Sirena S.p.A., Pfannenberg, Tomar Electronics, Inc, Edwards Signaling, Moflash Signalling Ltd
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Audible Signaling Equipment Market Report Segments:
The global Audible Signaling Equipment market is segmented on the basis of:
Types
Wired Control, Wireless Control
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
Oil and Gas, Chemical and Pharmaceutical, Food and Beverages, Energy and Power, Mining, Others
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:
- Patlite Corporation
- Federal Signal Corporation
- Werma Signaltechnik GmbH
- Eaton Corporation PLC (Cooper Industries)
- Rockwell Automation, Inc.
- Potter Electric Signal Company, LLC
- Honeywell (Novar GmbH)
- Schneider Electric
- R. Stahl AG
- Auer Signal
- Patlite Corporation
- Sirena S.p.A.
- Pfannenberg
- Tomar Electronics, Inc
- Edwards Signaling
- Moflash Signalling Ltd
Highlights of The Audible Signaling Equipment 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:
- Wired Control
- Wireless Control
- By Application:
- Oil and Gas
- Chemical and Pharmaceutical
- Food and Beverages
- Energy and Power
- Mining
- Others
- 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 Audible Signaling Equipment 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
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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?
Audible signaling equipment is a type of safety equipment used to warn workers of potential danger. It includes devices that emit sound, such as sirens or whistles, and speakers that play warning messages.
Some of the major companies in the audible signaling equipment market are Patlite Corporation, Federal Signal Corporation, Werma Signaltechnik GmbH, Eaton Corporation PLC (Cooper Industries), Rockwell Automation, Inc., Potter Electric Signal Company, LLC, Honeywell (Novar GmbH), Schneider Electric, R. Stahl AG, Auer Signal, Patlite Corporation, Sirena S.p.A., Pfannenberg, Tomar Electronics, Inc, Edwards Signaling, Moflash Signalling Ltd.
The audible signaling equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Audible Signaling Equipment 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 Audible Signaling Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audible Signaling Equipment 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 Audible Signaling Equipment 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 Audible Signaling Equipment Market Size & Forecast, 2018-2028
4.5.1 Audible Signaling Equipment Market Size and Y-o-Y Growth
4.5.2 Audible Signaling Equipment Market Absolute $ Opportunity
Chapter 5 Global Audible Signaling Equipment 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 Audible Signaling Equipment Market Size Forecast by Type
5.2.1 Wired Control
5.2.2 Wireless Control
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Audible Signaling Equipment 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 Audible Signaling Equipment Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemical and Pharmaceutical
6.2.3 Food and Beverages
6.2.4 Energy and Power
6.2.5 Mining
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Audible Signaling Equipment 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 Audible Signaling Equipment 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 Audible Signaling Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Audible Signaling Equipment 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 Audible Signaling Equipment Market Size Forecast by Type
9.6.1 Wired Control
9.6.2 Wireless Control
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 Audible Signaling Equipment Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemical and Pharmaceutical
9.10.3 Food and Beverages
9.10.4 Energy and Power
9.10.5 Mining
9.10.6 Others
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 Audible Signaling Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Audible Signaling Equipment 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 Audible Signaling Equipment Market Size Forecast by Type
10.6.1 Wired Control
10.6.2 Wireless Control
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 Audible Signaling Equipment Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemical and Pharmaceutical
10.10.3 Food and Beverages
10.10.4 Energy and Power
10.10.5 Mining
10.10.6 Others
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 Audible Signaling Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Audible Signaling Equipment 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 Audible Signaling Equipment Market Size Forecast by Type
11.6.1 Wired Control
11.6.2 Wireless Control
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 Audible Signaling Equipment Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemical and Pharmaceutical
11.10.3 Food and Beverages
11.10.4 Energy and Power
11.10.5 Mining
11.10.6 Others
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 Audible Signaling Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Audible Signaling Equipment 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 Audible Signaling Equipment Market Size Forecast by Type
12.6.1 Wired Control
12.6.2 Wireless Control
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 Audible Signaling Equipment Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemical and Pharmaceutical
12.10.3 Food and Beverages
12.10.4 Energy and Power
12.10.5 Mining
12.10.6 Others
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) Audible Signaling Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Audible Signaling Equipment 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) Audible Signaling Equipment Market Size Forecast by Type
13.6.1 Wired Control
13.6.2 Wireless Control
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) Audible Signaling Equipment Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemical and Pharmaceutical
13.10.3 Food and Beverages
13.10.4 Energy and Power
13.10.5 Mining
13.10.6 Others
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 Audible Signaling Equipment Market: Competitive Dashboard
14.2 Global Audible Signaling Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Patlite Corporation
14.3.2 Federal Signal Corporation
14.3.3 Werma Signaltechnik GmbH
14.3.4 Eaton Corporation PLC (Cooper Industries)
14.3.5 Rockwell Automation, Inc.
14.3.6 Potter Electric Signal Company, LLC
14.3.7 Honeywell (Novar GmbH)
14.3.8 Schneider Electric
14.3.9 R. Stahl AG
14.3.10 Auer Signal
14.3.11 Patlite Corporation
14.3.12 Sirena S.p.A.
14.3.13 Pfannenberg
14.3.14 Tomar Electronics, Inc
14.3.15 Edwards Signaling
14.3.16 Moflash Signalling Ltd
