Market Overview:
The global strobe beacon 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 LED strobe beacons and rising awareness about their benefits among end users. In addition, the growing adoption of LED technology in various applications is also contributing to the growth of this market. On the basis of type, gas strobe beacon held a major share of the global strobe beacon market in 2017. This can be attributed to their high brightness and long life span as compared to other types of strobe beacons such as LED and halogen ones. However, with technological advancements being made in LED technology, its adoption is increasing at a rapid pace across various applications, which is likely to result in its surpassing gas-based strobes by 2030.
Product Definition:
A strobe beacon is a device that emits a pulsing light. It is often used as a warning or signal device.
Gas Strobe Beacon:
Gas Strobes or Gas Strobe Beacons are used to communicate information from one location to another in a shorter distance using only one light. It is also known as a luminous telegraph and is an optical signaling system that uses the principle of optic rotation, which produces multiple bright flashes of light.
LED Strobe Beacon:
LED strobe beacon is a device used to communicate urgent information such as warning or caution. It can be seen with the naked eye but it produces an optical effect called streaking. There are different types of LED strobe beacons which include red, yellow, and white light sources. The yellow and red LEDstrobe beacons are widely used by police departments for marking vehicles involved in fatal accidents for identification purposes.
Application Insights:
The traffic signals segment dominated the global market in terms of revenue share in 2017. The growing emphasis on improving road safety through effective and efficient traffic management is expected to drive the demand for strobe beacons over the forecast period. Moreover, increasing government expenditure towards infrastructure development coupled with rising disposable income levels of consumers are anticipated to fuel industry growth over the coming years.
The emergency vehicle lighting application segment is projected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in demand for strobe beacons for rescue operations and other emergencies along with improved public safety services across various countries including U.S., China, India and Australia among others which further boosts product demand globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well owing to increasing road accidents and presence of stringent regulations regarding vehicle lighting. Europe accounted for a significant share in the market due to growing emphasis on energy-efficient products and adoption of Strobe Beacons by several local governments for public safety. Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand from developing countries such as India, China, Japan, Australia etc. Moreover, increasing number of fatalities caused by road accidents coupled with rising disposable income will drive regional growth further.
Growth Factors:
- Increasing demand for strobe beacons from the automotive industry as a result of increasing safety concerns and regulations.
- Growing demand for strobe beacons in the aviation industry due to their ability to improve aircraft visibility and safety.
- Increasing use of strobe beacons in industrial applications due to their ability to improve worker safety.
- Rising popularity of LED technology, which is making strobe beacons more affordable and energy-efficient than traditional incandescent models.
- Proliferation of smart transportation systems, which are increasingly incorporating strobe beacon technologies into their designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Strobe Beacon Market Research Report
By Type
Gas Strobe Beacon, LED Strobe Beacon
By Application
Emergency Vehicle Lighting, Traffic Signals, Others
By Companies
SIRENA S.p.A., Banner Engineering, Federal Signal, Auer Signal, CAPTRON Electronic, QLight, DOMO, E2S Warning Signals, KNTECH, Nanhua Electronics, Joiwo, MA Safety Signal
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Strobe Beacon Market Report Segments:
The global Strobe Beacon market is segmented on the basis of:
Types
Gas Strobe Beacon, LED Strobe Beacon
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
Emergency Vehicle Lighting, Traffic Signals, 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:
- SIRENA S.p.A.
- Banner Engineering
- Federal Signal
- Auer Signal
- CAPTRON Electronic
- QLight
- DOMO
- E2S Warning Signals
- KNTECH
- Nanhua Electronics
- Joiwo
- MA Safety Signal
Highlights of The Strobe Beacon 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:
- Gas Strobe Beacon
- LED Strobe Beacon
- By Application:
- Emergency Vehicle Lighting
- Traffic Signals
- 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 Strobe Beacon 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?
Strobe Beacon is a service that allows drivers to communicate with other drivers and emergency personnel. When activated, the beacon emits a strobe light that can be seen from up to five miles away.
Some of the major players in the strobe beacon market are SIRENA S.p.A., Banner Engineering, Federal Signal, Auer Signal, CAPTRON Electronic, QLight, DOMO, E2S Warning Signals, KNTECH, Nanhua Electronics, Joiwo, MA Safety Signal.
The strobe beacon 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 Strobe Beacon 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 Strobe Beacon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Strobe Beacon 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 Strobe Beacon 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 Strobe Beacon Market Size & Forecast, 2020-2028
4.5.1 Strobe Beacon Market Size and Y-o-Y Growth
4.5.2 Strobe Beacon 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 Gas Strobe Beacon
5.2.2 LED Strobe Beacon
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 Emergency Vehicle Lighting
6.2.2 Traffic Signals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Strobe Beacon 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 Strobe Beacon 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 Gas Strobe Beacon
9.6.2 LED Strobe Beacon
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 Emergency Vehicle Lighting
9.10.2 Traffic Signals
9.10.3 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 Gas Strobe Beacon
10.6.2 LED Strobe Beacon
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 Emergency Vehicle Lighting
10.10.2 Traffic Signals
10.10.3 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 Gas Strobe Beacon
11.6.2 LED Strobe Beacon
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 Emergency Vehicle Lighting
11.10.2 Traffic Signals
11.10.3 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 Gas Strobe Beacon
12.6.2 LED Strobe Beacon
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 Emergency Vehicle Lighting
12.10.2 Traffic Signals
12.10.3 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 Gas Strobe Beacon
13.6.2 LED Strobe Beacon
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 Emergency Vehicle Lighting
13.10.2 Traffic Signals
13.10.3 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 Strobe Beacon Market: Competitive Dashboard
14.2 Global Strobe Beacon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SIRENA S.p.A.
14.3.2 Banner Engineering
14.3.3 Federal Signal
14.3.4 Auer Signal
14.3.5 CAPTRON Electronic
14.3.6 QLight
14.3.7 DOMO
14.3.8 E2S Warning Signals
14.3.9 KNTECH
14.3.10 Nanhua Electronics
14.3.11 Joiwo
14.3.12 MA Safety Signal
