Market Overview:
The global industrial warning lights 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. The market is segmented on the basis of type, application, and region. On the basis of type, the rotating lamp segment is expected to hold a major share in the global industrial warning lights market during the forecast period. This can be attributed to its features such as durability and low power consumption. On the basis of application, oil and gas industry is expected to hold a major share in terms of revenue contribution followed by mining, construction industry, automobile industry etc.
Product Definition:
Industrial Warning Lights are devices used to warn people of a potential danger. They are commonly used in factories, construction sites, and other industrial areas.
Rotating Lamp:
Rotating lamp is a type of warning light used in industries for providing visual warning signals. The rotating lamps are widely used in various industries including power, oil & gas, mining, and construction. These lamps are also known as rotary or spinning lights because they display moving colored lights that indicate the working or status of some process to the user.
Strongpoint:
Strongpoint is a method of mounting warning lights on steel structures. It involves drilling holes in the structure and then fastening the light to it with bolts. The strength of a strongpoint depends upon its density, construction material, and number of supports provided by surrounding structural members.
The primary function of strongpoints is to provide an attachment point for warning lights; however they also serve as an important element in determining the overall aesthetic appeal and functionality within any industrial environment.
Application Insights:
The oil and gas industrial application segment accounted for the largest revenue share in 2017. The segment is projected to expand further at a steady CAGR over the forecast period. Increasing exploration activities, particularly in offshore regions, are expected to drive product demand over the coming years.
The construction industrial warning light market is estimated to witness significant growth on account of increasing infrastructure development projects across various regions including Asia Pacific and Middle East & Africa. In addition, growing emphasis on energy-efficient lighting solutions will fuel industry expansion over the coming years. Increasing investments in renewable energy generation capacity coupled with technological advancements are anticipated to propel demand for solar photovoltaic systems which will subsequently boost demand for PV panels which in turn will drive industry growth over the next eight years or so (2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has resulted in an increasing demand for such warning lights. Furthermore, growing infrastructure activities coupled with rising foreign investments are also expected to drive the regional market growth over the forecast period.
The Asia Pacific oil and gas industry is one of the most crucial sectors that require continuous monitoring and safety systems installation owing to high risk nature of job profile associated with it. Moreover, increasing exploration activities across various countries including Indonesia, Malaysia, Thailand have increased awareness about personal safety measures such as Industrial Warning Lights (IWLs) installation among employers and employees working in these industries thereby boosting product sales across this region.
Growth Factors:
- Increasing demand for safety and security in industrial sector
- Growing awareness about the benefits of using industrial warning lights
- Rising number of industrial accidents and subsequent need for warning lights
- Technological advancements in LED lighting technology
- Stringent government regulations mandating the use of warning lights in certain industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Warning Lights Market Research Report
By Type
Rotating Lamp, Strongpoint, Flashing Lights
By Application
Oil and Gas Industrial, Mining, Construction Industrial, Automobile Industrial, Manufacturing Industrial, Other
By Companies
Checkers Safety Group, Dialight, North American Signal Company, Federal Signal Corporation, Tri-Lite, PATLITE Corporation, SWS Warning Lights, ECCO Safety Group, Wolo Manufacturing, Tomar Electronics, Mechtric, Spilldam Environmental, Edwards Signaling & Security Systems, Starled
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Warning Lights Market Report Segments:
The global Industrial Warning Lights market is segmented on the basis of:
Types
Rotating Lamp, Strongpoint, Flashing Lights
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 Industrial, Mining, Construction Industrial, Automobile Industrial, Manufacturing Industrial, Other
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:
- Checkers Safety Group
- Dialight
- North American Signal Company
- Federal Signal Corporation
- Tri-Lite
- PATLITE Corporation
- SWS Warning Lights
- ECCO Safety Group
- Wolo Manufacturing
- Tomar Electronics
- Mechtric
- Spilldam Environmental
- Edwards Signaling & Security Systems
- Starled
Highlights of The Industrial Warning Lights 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:
- Rotating Lamp
- Strongpoint
- Flashing Lights
- By Application:
- Oil and Gas Industrial
- Mining
- Construction Industrial
- Automobile Industrial
- Manufacturing Industrial
- Other
- 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 Industrial Warning Lights 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.
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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?
Industrial warning lights are used in factories, warehouses, and other industrial settings to indicate a hazardous or dangerous condition.
Some of the major companies in the industrial warning lights market are Checkers Safety Group, Dialight, North American Signal Company, Federal Signal Corporation, Tri-Lite, PATLITE Corporation, SWS Warning Lights, ECCO Safety Group, Wolo Manufacturing, Tomar Electronics, Mechtric, Spilldam Environmental, Edwards Signaling & Security Systems, Starled.
The industrial warning lights market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Warning Lights Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Warning Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Warning Lights Market - Supply Chain
4.5. Global Industrial Warning Lights Market Forecast
4.5.1. Industrial Warning Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Warning Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Warning Lights Market Absolute $ Opportunity
5. Global Industrial Warning Lights Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Warning Lights Market Size and Volume Forecast by Type
5.3.1. Rotating Lamp
5.3.2. Strongpoint
5.3.3. Flashing Lights
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Warning Lights Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Warning Lights Market Size and Volume Forecast by Application
6.3.1. Oil and Gas Industrial
6.3.2. Mining
6.3.3. Construction Industrial
6.3.4. Automobile Industrial
6.3.5. Manufacturing Industrial
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Warning Lights Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Warning Lights Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Warning Lights Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Warning Lights Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Warning Lights Demand Share Forecast, 2019-2026
9. North America Industrial Warning Lights Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Warning Lights Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Warning Lights Market Size and Volume Forecast by Application
9.4.1. Oil and Gas Industrial
9.4.2. Mining
9.4.3. Construction Industrial
9.4.4. Automobile Industrial
9.4.5. Manufacturing Industrial
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Warning Lights Market Size and Volume Forecast by Type
9.7.1. Rotating Lamp
9.7.2. Strongpoint
9.7.3. Flashing Lights
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Warning Lights Demand Share Forecast, 2019-2026
10. Latin America Industrial Warning Lights Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Warning Lights Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Warning Lights Market Size and Volume Forecast by Application
10.4.1. Oil and Gas Industrial
10.4.2. Mining
10.4.3. Construction Industrial
10.4.4. Automobile Industrial
10.4.5. Manufacturing Industrial
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Warning Lights Market Size and Volume Forecast by Type
10.7.1. Rotating Lamp
10.7.2. Strongpoint
10.7.3. Flashing Lights
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Warning Lights Demand Share Forecast, 2019-2026
11. Europe Industrial Warning Lights Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Warning Lights Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Warning Lights Market Size and Volume Forecast by Application
11.4.1. Oil and Gas Industrial
11.4.2. Mining
11.4.3. Construction Industrial
11.4.4. Automobile Industrial
11.4.5. Manufacturing Industrial
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Warning Lights Market Size and Volume Forecast by Type
11.7.1. Rotating Lamp
11.7.2. Strongpoint
11.7.3. Flashing Lights
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Warning Lights Demand Share, 2019-2026
12. Asia Pacific Industrial Warning Lights Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Warning Lights Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Warning Lights Market Size and Volume Forecast by Application
12.4.1. Oil and Gas Industrial
12.4.2. Mining
12.4.3. Construction Industrial
12.4.4. Automobile Industrial
12.4.5. Manufacturing Industrial
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Warning Lights Market Size and Volume Forecast by Type
12.7.1. Rotating Lamp
12.7.2. Strongpoint
12.7.3. Flashing Lights
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Warning Lights Demand Share, 2019-2026
13. Middle East & Africa Industrial Warning Lights Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Warning Lights Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Warning Lights Market Size and Volume Forecast by Application
13.4.1. Oil and Gas Industrial
13.4.2. Mining
13.4.3. Construction Industrial
13.4.4. Automobile Industrial
13.4.5. Manufacturing Industrial
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Warning Lights Market Size and Volume Forecast by Type
13.7.1. Rotating Lamp
13.7.2. Strongpoint
13.7.3. Flashing Lights
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Warning Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Warning Lights Market: Market Share Analysis
14.2. Industrial Warning Lights Distributors and Customers
14.3. Industrial Warning Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Checkers Safety Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dialight
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. North American Signal Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Federal Signal Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tri-Lite
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PATLITE Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SWS Warning Lights
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ECCO Safety Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wolo Manufacturing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tomar Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mechtric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spilldam Environmental
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Edwards Signaling & Security Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Starled
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook