Market Overview:
The global explosion-proof sound and light alarms market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for explosion-proof sound and light alarms from various end-use industries, such as industrial, commercial, residential, and others. In addition, the growing awareness about safety among consumers is also propelling the growth of this market.
Product Definition:
Explosion-proof sound and light alarms are devices that emit an alarm signal in the event of an explosion. They are used to warn workers in the area of an impending explosion so that they can take appropriate safety measures.
Stationary Explosion-proof Sound and Light Alarms:
Stationary explosion-proof sound and light alarms are used to provide warning of an impending blast or fire. They are installed at places where people work, live, and play in proximity to potential danger zones such as government buildings, airports, banks, chemical plants or any other facility that deals with explosives.
Portable Explosion-proof Sound and Light Alarms:
The Portable explosion-proof sound and light alarms are designed to provide protection against nuclear, biological, chemical and terrorist attacks. They consist of a battery-powered device that emits an alarm when triggered by any of the abovementioned events. The alarms can be manually activated or automatically activated depending on the setting of the user.
These devices serve as effective warning systems for employees working in hazardous areas such as oil rigs, construction sites, mining sites etc.
Application Insights:
The industrial segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. This can be attributed to rising demand for explosion-proof sound and light alarms from industries, such as oil & gas, chemical, petrochemical, power generation and pharmaceuticals. In addition, growing concerns regarding employee safety are expected to drive product demand in this segment over the coming years.
The commercial sector accounted for a significant revenue share in 2016 owing to increasing construction of new commercial buildings across various regions including Asia Pacific and Middle East & Africa. The need for installing SELA systems at these locations has become critical as a result of high exposure risks due to frequent earthquakes or other tremors that may occur without any prior warning signs on the ground or skyrocketing property damages caused by an instantaneously triggered blast wave that could potentially lead into complete destruction of occupied areas near potential seismic zones.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of explosion-proof sound and light alarms manufacturers coupled with stringent regulations for safety norms. The U.S., being a developed economy, has higher penetration rates for these products as compared to other countries in the world. Moreover, growing industrialization and commercial construction activities are expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid urbanization along with increasing investments from foreign players in India and China aimed at expanding their businesses within these countries as well as across borders.
Growth Factors:
- Increasing demand for safety and security systems in various industries
- Growing awareness about the benefits of using explosion-proof sound and light alarms
- Rising number of industrial accidents due to faulty equipment or human error
- Technological advancements in alarm systems that offer enhanced features and functionality
- Growing demand for customized alarm systems to meet specific requirements of different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion-proof Sound and Light Alarms Market Research Report
By Type
Stationary Explosion-proof Sound and Light Alarms, Portable Explosion-proof Sound and Light Alarms
By Application
Industrial, Commercial, Residential, Others
By Companies
Honeywell, Emerson Electric, Panasonic, PATLITE, Qlight, RJA Technology, Eridan Company, Texelco, Vimpex, PemTech, Spectron, HONGKONG KOON TECHNOLOGY, Xi'an Hua Fan Instrument, Hangzhou Yasong Electronics
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Explosion-proof Sound and Light Alarms Market Report Segments:
The global Explosion-proof Sound and Light Alarms market is segmented on the basis of:
Types
Stationary Explosion-proof Sound and Light Alarms, Portable Explosion-proof Sound and Light Alarms
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
Industrial, Commercial, Residential, 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:
- Honeywell
- Emerson Electric
- Panasonic
- PATLITE
- Qlight
- RJA Technology
- Eridan Company
- Texelco
- Vimpex
- PemTech
- Spectron
- HONGKONG KOON TECHNOLOGY
- Xi'an Hua Fan Instrument
- Hangzhou Yasong Electronics
Highlights of The Explosion-proof Sound and Light Alarms 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:
- Stationary Explosion-proof Sound and Light Alarms
- Portable Explosion-proof Sound and Light Alarms
- By Application:
- Industrial
- Commercial
- Residential
- 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 Explosion-proof Sound and Light Alarms 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
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- Product & Brand Management
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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?
Explosion-proof sound and light alarms are designed to protect people from explosions. These alarms can detect an explosion before it occurs, and will send a warning signal to the people who need to know about it. This allows them time to take appropriate action, such as evacuate the area or find shelter.
Some of the major companies in the explosion-proof sound and light alarms market are Honeywell, Emerson Electric, Panasonic, PATLITE, Qlight, RJA Technology, Eridan Company, Texelco, Vimpex, PemTech, Spectron, HONGKONG KOON TECHNOLOGY, Xi'an Hua Fan Instrument, Hangzhou Yasong Electronics.
The explosion-proof sound and light alarms market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Explosion-proof Sound and Light Alarms 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 Explosion-proof Sound and Light Alarms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Explosion-proof Sound and Light Alarms 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 Explosion-proof Sound and Light Alarms 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 Explosion-proof Sound and Light Alarms Market Size & Forecast, 2020-2028
4.5.1 Explosion-proof Sound and Light Alarms Market Size and Y-o-Y Growth
4.5.2 Explosion-proof Sound and Light Alarms 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 Stationary Explosion-proof Sound and Light Alarms
5.2.2 Portable Explosion-proof Sound and Light Alarms
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 Industrial
6.2.2 Commercial
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Explosion-proof Sound and Light Alarms 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 Explosion-proof Sound and Light Alarms 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 Stationary Explosion-proof Sound and Light Alarms
9.6.2 Portable Explosion-proof Sound and Light Alarms
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 Industrial
9.10.2 Commercial
9.10.3 Residential
9.10.4 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 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 Stationary Explosion-proof Sound and Light Alarms
10.6.2 Portable Explosion-proof Sound and Light Alarms
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 Industrial
10.10.2 Commercial
10.10.3 Residential
10.10.4 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 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 Stationary Explosion-proof Sound and Light Alarms
11.6.2 Portable Explosion-proof Sound and Light Alarms
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 Industrial
11.10.2 Commercial
11.10.3 Residential
11.10.4 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 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 Stationary Explosion-proof Sound and Light Alarms
12.6.2 Portable Explosion-proof Sound and Light Alarms
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 Industrial
12.10.2 Commercial
12.10.3 Residential
12.10.4 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) 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 Stationary Explosion-proof Sound and Light Alarms
13.6.2 Portable Explosion-proof Sound and Light Alarms
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 Industrial
13.10.2 Commercial
13.10.3 Residential
13.10.4 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 Explosion-proof Sound and Light Alarms Market: Competitive Dashboard
14.2 Global Explosion-proof Sound and Light Alarms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Emerson Electric
14.3.3 Panasonic
14.3.4 PATLITE
14.3.5 Qlight
14.3.6 RJA Technology
14.3.7 Eridan Company
14.3.8 Texelco
14.3.9 Vimpex
14.3.10 PemTech
14.3.11 Spectron
14.3.12 HONGKONG KOON TECHNOLOGY
14.3.13 Xi'an Hua Fan Instrument
14.3.14 Hangzhou Yasong Electronics
