Market Overview:
The global audio signaling devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safety and security in industrial applications, rising awareness about safety regulations, and growing investments in industrial automation. Based on type, the strobe and beacons segment is expected to account for the largest share of the global audio signaling devices market in 2018. This segment is projected to grow at a CAGR of 6.0% during the forecast period from 2018 to 2030.
Product Definition:
Audio signaling devices are used to communicate with people in a specific area. These devices can be used to provide directions, emergency notifications, or other important information.
Strobe and Beacons:
Strobe and beacons are a part of the optical signaling devices family. They are used in applications such as access control, wayfinding & navigation, advertising & marketing and location-based services. The audio signaling devices market is expected to grow at a significant rate over the forecast period owing to factors such as increasing adoption of smartphones with embedded beacons or stobeoars along with growing adoption of Bluetooth Low Energy (BLE) technology for wireless headsets and speakers.
Other Signal Lights:
Other signal lights are the lights generated by audio signaling devices other than the standard car hazards. The purpose of these signals is to alert road users such as pedestrians and cyclists that the vehicle ahead is preparing for a turn or is in danger of colliding with another vehicle.
The global Other Signal Lights and it's usage in Audio Signaling Devices market size was valued at USD 6,867.1 thousand in 2016.
Application Insights:
The others application segment includes transportation, oil and gas, chemical and pharmaceutical, food and beverages, energy and power. The audio signaling devices are widely used in the oil and gas industry for communication between platforms & pipelines as well as tankers. They are also used in the railway sector for safety applications such as indicating a train¢â‚¬â„¢s approach at a station or junction. In addition to this they are also used in construction industries to indicate the approach of vehicles carrying explosives where warning signals need to be given before an accident occurs.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to various factors such as increasing oil and gas exploration activities, rising adoption of automation in industrial facilities, and expansion of chemical manufacturing units across major economies including Canada and U.S.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing to significant developments taking place at a rapid pace across several industries in countries like China, India, Japan, Australia among others are contributing significantly toward overall growth of Asia Pacific audio signaling devices market.
Growth Factors:
- Increasing demand for audio signaling devices in transportation and logistics sector
- Growing popularity of voice-controlled smart home devices
- Proliferation of digital signage and retail point-of-sale systems
- Rising demand for emergency communication systems in public places
- Increasing adoption of audio signaling devices in industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Audio Signaling Devices Market Research Report
By Type
Strobe and Beacons, Other Signal Lights, Bells and Horns, Fire Alarm/Call Points, Visual and Audible Combination Units
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), R. Stahl AG, Schneider Electric, E2S Warning Signals, Patlite Corporation, 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Audio Signaling Devices Market Report Segments:
The global Audio Signaling Devices market is segmented on the basis of:
Types
Strobe and Beacons, Other Signal Lights, Bells and Horns, Fire Alarm/Call Points, Visual and Audible Combination Units
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)
- R. Stahl AG
- Schneider Electric
- E2S Warning Signals
- Patlite Corporation
- Moflash Signalling Ltd
Highlights of The Audio Signaling Devices 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:
- Strobe and Beacons
- Other Signal Lights
- Bells and Horns
- Fire Alarm/Call Points
- Visual and Audible Combination Units
- 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 Audio Signaling Devices 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?
Audio signaling devices are used to send audio signals between different electronic equipment. They can be used in a variety of applications, such as in-vehicle audio systems, home theater systems, and telecommunications networks.
Some of the major players in the audio signaling devices 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), R. Stahl AG, Schneider Electric, E2S Warning Signals, Patlite Corporation, Moflash Signalling Ltd.
The audio signaling devices 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 Audio Signaling Devices 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 Audio Signaling Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audio Signaling Devices 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 Audio Signaling Devices 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 Audio Signaling Devices Market Size & Forecast, 2018-2028
4.5.1 Audio Signaling Devices Market Size and Y-o-Y Growth
4.5.2 Audio Signaling Devices Market Absolute $ Opportunity
Chapter 5 Global Audio Signaling Devices 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 Audio Signaling Devices Market Size Forecast by Type
5.2.1 Strobe and Beacons
5.2.2 Other Signal Lights
5.2.3 Bells and Horns
5.2.4 Fire Alarm/Call Points
5.2.5 Visual and Audible Combination Units
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Audio Signaling Devices 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 Audio Signaling Devices 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 Audio Signaling Devices 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 Audio Signaling Devices 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 Audio Signaling Devices Analysis and Forecast
9.1 Introduction
9.2 North America Audio Signaling Devices 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 Audio Signaling Devices Market Size Forecast by Type
9.6.1 Strobe and Beacons
9.6.2 Other Signal Lights
9.6.3 Bells and Horns
9.6.4 Fire Alarm/Call Points
9.6.5 Visual and Audible Combination Units
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 Audio Signaling Devices 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 Audio Signaling Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Audio Signaling Devices 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 Audio Signaling Devices Market Size Forecast by Type
10.6.1 Strobe and Beacons
10.6.2 Other Signal Lights
10.6.3 Bells and Horns
10.6.4 Fire Alarm/Call Points
10.6.5 Visual and Audible Combination Units
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 Audio Signaling Devices 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 Audio Signaling Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Audio Signaling Devices 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 Audio Signaling Devices Market Size Forecast by Type
11.6.1 Strobe and Beacons
11.6.2 Other Signal Lights
11.6.3 Bells and Horns
11.6.4 Fire Alarm/Call Points
11.6.5 Visual and Audible Combination Units
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 Audio Signaling Devices 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 Audio Signaling Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Audio Signaling Devices 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 Audio Signaling Devices Market Size Forecast by Type
12.6.1 Strobe and Beacons
12.6.2 Other Signal Lights
12.6.3 Bells and Horns
12.6.4 Fire Alarm/Call Points
12.6.5 Visual and Audible Combination Units
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 Audio Signaling Devices 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) Audio Signaling Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Audio Signaling Devices 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) Audio Signaling Devices Market Size Forecast by Type
13.6.1 Strobe and Beacons
13.6.2 Other Signal Lights
13.6.3 Bells and Horns
13.6.4 Fire Alarm/Call Points
13.6.5 Visual and Audible Combination Units
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) Audio Signaling Devices 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 Audio Signaling Devices Market: Competitive Dashboard
14.2 Global Audio Signaling Devices 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 R. Stahl AG
14.3.9 Schneider Electric
14.3.10 E2S Warning Signals
14.3.11 Patlite Corporation
14.3.12 Moflash Signalling Ltd
