Market Overview:
The global pendant stations 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 automation in industries and rising safety concerns among workers. Based on type, the global pendant stations market is segmented into standard duty pendant stations, medium duty pendant stations, rugged duty pendant stations, and others. The standard duty segment is expected to hold the largest share of the global market in 2018 owing to its low cost and easy installation. However, the rugged duty segment is projected to grow at a higher CAGR during the forecast period as it offers superior performance in extreme conditions. Based on application, industrial and construction lifting accounts for majority of demand for pendant stations globally followed by automation industry and stage technology segments respectively.
Product Definition:
Pendant station is a type of telephone station, which is hung from the ceiling. It is used for communication between two or more persons. The importance of pendant stations lies in their ability to provide hands-free communication, which can be especially useful in industrial and manufacturing environments where workers need to be able to keep both hands free.
Standard Duty Pendant Stations:
The global standard duty pendant stations market size was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing usage in commercial buildings, such as shopping malls, hospitals & clinics, hotels & restaurants and others.
Medium Duty Pendant Stations:
Medium duty pendant stations are used in commercial and industrial applications for the secure holding of heavy loads. These products are manufactured with steel or aluminum alloy frames, which can hold up to 500 pounds weight load capacity. The product is available in different sizes and capacities as per client requirements.
Application Insights:
Automation industry is expected to be the fastest-growing application segment over the forecast period. Automation technology has revolutionized several industries, such as manufacturing, transportation and logistics, healthcare, hospitality and leisure services. The rising demand for labor-saving devices that help in increasing production output while minimizing costs is anticipated to boost product demand in automation industry during the forecast period.
The stage technology segment accounted for a significant market share of 15.9% in 2017 owing to its growing use across stages worldwide due to safety concerns of actors.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing automation across various industries, such as manufacturing, oil and gas, food processing and packaging. Moreover, rising demand for lifting solutions that are reliable and durable is expected to drive the regional product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization coupled with increasing construction activities in emerging economies of India and China.
Growth Factors:
- Increasing demand for pendant stations in the healthcare sector for patient care and safety
- Growing popularity of pendant stations in the hospitality sector for staff safety
- Rising demand from educational institutes for safe evacuation during emergencies
- Increasing awareness about the benefits of using pendant stations among consumers
- Technological advancements that make pendant stations more user-friendly and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Pendant Stations Market Research Report
By Type
Standard Duty Pendant Stations, Medium Duty Pendant Stations, Rugged Duty Pendant Stations, Others
By Application
Industrial and Construction Lifting, Automation Industry, Stage Technology, Others
By Companies
Schneider, Molex, Rockwell Automation, TER, Powermech Engineering, Springer Controls, DEMAG, Euchner, Ravioli, Spohn & Burkhardt, Nanjing Panda Electronics Equipment, Giovenzana International, K?H INDUSTRIES
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Pendant Stations Market Report Segments:
The global Pendant Stations market is segmented on the basis of:
Types
Standard Duty Pendant Stations, Medium Duty Pendant Stations, Rugged Duty Pendant Stations, Others
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 and Construction Lifting, Automation Industry, Stage Technology, 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:
- Schneider
- Molex
- Rockwell Automation
- TER
- Powermech Engineering
- Springer Controls
- DEMAG
- Euchner
- Ravioli
- Spohn & Burkhardt
- Nanjing Panda Electronics Equipment
- Giovenzana International
- K?H INDUSTRIES
Highlights of The Pendant Stations 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:
- Standard Duty Pendant Stations
- Medium Duty Pendant Stations
- Rugged Duty Pendant Stations
- Others
- By Application:
- Industrial and Construction Lifting
- Automation Industry
- Stage Technology
- 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 Pendant Stations 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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- 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?
Pendant stations are a type of smart home security system that use sensors to detect movement and sound in order to activate an alarm. They typically include a base station, one or more motion detectors, and one or more audio sensors. When activated, the alarm will send an alert to the base station, which can then send an emergency notification to authorized parties.
Some of the major players in the pendant stations market are Schneider, Molex, Rockwell Automation, TER, Powermech Engineering, Springer Controls, DEMAG, Euchner, Ravioli, Spohn & Burkhardt, Nanjing Panda Electronics Equipment, Giovenzana International, K?H INDUSTRIES.
The pendant stations market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pendant Stations 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. Pendant Stations Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pendant Stations Market - Supply Chain
4.5. Global Pendant Stations Market Forecast
4.5.1. Pendant Stations Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pendant Stations Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pendant Stations Market Absolute $ Opportunity
5. Global Pendant Stations 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. Pendant Stations Market Size and Volume Forecast by Type
5.3.1. Standard Duty Pendant Stations
5.3.2. Medium Duty Pendant Stations
5.3.3. Rugged Duty Pendant Stations
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pendant Stations 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. Pendant Stations Market Size and Volume Forecast by Application
6.3.1. Industrial and Construction Lifting
6.3.2. Automation Industry
6.3.3. Stage Technology
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pendant Stations 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. Pendant Stations 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 Pendant Stations 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. Pendant Stations 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 Pendant Stations Demand Share Forecast, 2019-2026
9. North America Pendant Stations 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 Pendant Stations 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 Pendant Stations Market Size and Volume Forecast by Application
9.4.1. Industrial and Construction Lifting
9.4.2. Automation Industry
9.4.3. Stage Technology
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pendant Stations Market Size and Volume Forecast by Type
9.7.1. Standard Duty Pendant Stations
9.7.2. Medium Duty Pendant Stations
9.7.3. Rugged Duty Pendant Stations
9.7.4. Others
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 Pendant Stations Demand Share Forecast, 2019-2026
10. Latin America Pendant Stations 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 Pendant Stations 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 Pendant Stations Market Size and Volume Forecast by Application
10.4.1. Industrial and Construction Lifting
10.4.2. Automation Industry
10.4.3. Stage Technology
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pendant Stations Market Size and Volume Forecast by Type
10.7.1. Standard Duty Pendant Stations
10.7.2. Medium Duty Pendant Stations
10.7.3. Rugged Duty Pendant Stations
10.7.4. Others
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 Pendant Stations Demand Share Forecast, 2019-2026
11. Europe Pendant Stations 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 Pendant Stations 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 Pendant Stations Market Size and Volume Forecast by Application
11.4.1. Industrial and Construction Lifting
11.4.2. Automation Industry
11.4.3. Stage Technology
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pendant Stations Market Size and Volume Forecast by Type
11.7.1. Standard Duty Pendant Stations
11.7.2. Medium Duty Pendant Stations
11.7.3. Rugged Duty Pendant Stations
11.7.4. Others
1.8. 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 Pendant Stations Demand Share, 2019-2026
12. Asia Pacific Pendant Stations 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 Pendant Stations 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 Pendant Stations Market Size and Volume Forecast by Application
12.4.1. Industrial and Construction Lifting
12.4.2. Automation Industry
12.4.3. Stage Technology
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pendant Stations Market Size and Volume Forecast by Type
12.7.1. Standard Duty Pendant Stations
12.7.2. Medium Duty Pendant Stations
12.7.3. Rugged Duty Pendant Stations
12.7.4. Others
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 Pendant Stations Demand Share, 2019-2026
13. Middle East & Africa Pendant Stations 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 Pendant Stations 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 Pendant Stations Market Size and Volume Forecast by Application
13.4.1. Industrial and Construction Lifting
13.4.2. Automation Industry
13.4.3. Stage Technology
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pendant Stations Market Size and Volume Forecast by Type
13.7.1. Standard Duty Pendant Stations
13.7.2. Medium Duty Pendant Stations
13.7.3. Rugged Duty Pendant Stations
13.7.4. Others
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 Pendant Stations Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pendant Stations Market: Market Share Analysis
14.2. Pendant Stations Distributors and Customers
14.3. Pendant Stations Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Molex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rockwell Automation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Powermech Engineering
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Springer Controls
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DEMAG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Euchner
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ravioli
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Spohn & Burkhardt
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nanjing Panda Electronics Equipment
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Giovenzana International
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. K?H INDUSTRIES
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
