Industrial Annunciators Market
PUBLISHED: 2021 ID: SMRC21116
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Industrial Annunciators Market

Industrial Annunciators Market Forecasts to 2028 – Global Analysis By Type (Dedicated Annunciator, Conventional Annunciator), Indicator (Lamps, Alarm Sounds), End User (Discrete Industry, Process Industry), and By Geography

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4.4 (71 reviews)
Published: 2021 ID: SMRC21116

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Industrial Annunciators Market is accounted for $1999.73 million in 2020 and is expected to reach $2999.83 million by 2028 growing at a CAGR of 5.2% during the forecast period. Growing demand for annunciators in alarm safety systems and rising usage of noiseless industrial annunciators are the major factors propelling the market growth. However, the availability of alternatives sources is hampering the market growth.

Industrial annunciator refers to the processing monitoring system that generates warning alarm sound or light for any unsafe operating conditions or mishaps in the industries. It generates a warning light if the process gets deviated. The indicators alert the operators to unsafe operations in the factories. The industrial annunciator comprises of the sensors and indicators indicating various phases of a process. These are categorized into various types on the basis of color of alarm light such as amber, blue, red, and green.

Based on end user, the process industry segment is estimated to have a lucrative growth due to the significant rise in the number of industrial component manufacturers and assemblers in developing regions, such as Asia Pacific. The awareness related to the benefits of annunciators among the Asia Pacific industrial component manufacturers and assemblers is high, which generates substantial demand for this equipment and is expected to support the growth of the process industry annunciator market in the forecast period.

By geography, Europe is going to have a lucrative growth during the forecast period due to the presence of large number of component manufacturers and OEMs from a wide variety of industries such as general manufacturing, automotive, pharmaceutical, medical devices, and semiconductors. The demand for annunciators among the industries mentioned above is prominently high owing to the fact that the production error percentage plays a crucial role in these industries.

Some of the key players profiled in the Industrial Annunciators Market include Ronan Engineering Company, AMETEK, Inc, ABB.ltd, Eaton Corporation, Honeywell International (Fire-Lite), OMRON Corporation, NOTIFIER, Pem-Tech, Inc, Century Control Systems, Inc, Automation Displays, Inc, Patlite (USA) Corporation, Linde North America, Inc, Hirsch Electronics Corp, and OMEGA Engineering, Inc.    

Types Covered:
• Dedicated Annunciator
• Conventional Annunciator  

Products Covered:
• Vertical Carousel       
• Horizontal Carousel        

Indicators Covered:
• Lamps
• Alarm Sounds

End Users Covered:
• Discrete Industry
• Process Industry     

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
       
2 Preface      

 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach    
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Product Analysis    
 3.7 End User Analysis    
 3.8 Emerging Markets    
 3.9 Impact of Covid-19    
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Industrial Annunciators Market, By Type  
 5.1 Introduction    
 5.2 Dedicated Annunciator   
 5.3 Conventional Annunciator      
       
6 Global Industrial Annunciators Market, By Product  
 6.1 Introduction    
 6.2 Vertical Carousel           
 6.3 Horizontal Carousel           
       
7 Global Industrial Annunciators Market, By Indicators 
 7.1 Introduction    
 7.2 Lamps     
 7.3 Alarm Sounds    
       
8 Global Industrial Annunciators Market, By End User 
 8.1 Introduction    
 8.2 Discrete Industry     
 8.3 Process Industry          
       
9 Global Industrial Annunciators Market, By Geography 
 9.1 Introduction    
 9.2 North America    
  9.2.1 US    
  9.2.2 Canada    
  9.2.3 Mexico    
 9.3 Europe     
  9.3.1 Germany    
  9.3.2 UK    
  9.3.3 Italy    
  9.3.4 France    
  9.3.5 Spain    
  9.3.6 Rest of Europe   
 9.4 Asia Pacific    
  9.4.1 Japan    
  9.4.2 China    
  9.4.3 India    
  9.4.4 Australia    
  9.4.5 New Zealand   
  9.4.6 South Korea   
  9.4.7 Rest of Asia Pacific   
 9.5 South America    
  9.5.1 Argentina   
  9.5.2 Brazil    
  9.5.3 Chile    
  9.5.4 Rest of South America  
 9.6 Middle East & Africa   
  9.6.1 Saudi Arabia   
  9.6.2 UAE    
  9.6.3 Qatar    
  9.6.4 South Africa   
  9.6.5 Rest of Middle East & Africa  
       
10 Key Developments     
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
 10.2 Acquisitions & Mergers   
 10.3 New Product Launch   
 10.4 Expansions    
 10.5 Other Key Strategies   
       
11 Company Profiling     
 11.1 Ronan Engineering Company   
 11.2 AMETEK, Inc.      
 11.3 ABB.ltd          
 11.4 Eaton Corporation    
 11.5 Honeywell International (Fire-Lite)        
 11.6 OMRON Corporation     
 11.7 NOTIFIER       
 11.8 Pem-Tech, Inc.       
 11.9 Century Control Systems, Inc.         
 11.10 Automation Displays, Inc.       
 11.11 Patlite (USA) Corporation        
 11.12 Linde North America, Inc.    
 11.13 Hirsch Electronics Corp.     
 11.14 OMEGA Engineering, Inc.          


List of Tables      
1 Global Industrial Annunciators Market Outlook, By Region (2019-2028) ($MN)
2 Global Industrial Annunciators Market Outlook, By Type (2019-2028) ($MN)
3 Global Industrial Annunciators Market Outlook, By Dedicated Annunciator (2019-2028) ($MN)
4 Global Industrial Annunciators Market Outlook, By Conventional Annunciator (2019-2028) ($MN)
5 Global Industrial Annunciators Market Outlook, By Product (2019-2028) ($MN)
6 Global Industrial Annunciators Market Outlook, By Vertical Carousel (2019-2028) ($MN)
7 Global Industrial Annunciators Market Outlook, By Horizontal Carousel (2019-2028) ($MN)
8 Global Industrial Annunciators Market Outlook, By Indicators (2019-2028) ($MN)
9 Global Industrial Annunciators Market Outlook, By Lamps (2019-2028) ($MN)
10 Global Industrial Annunciators Market Outlook, By Alarm Sounds (2019-2028) ($MN)
11 Global Industrial Annunciators Market Outlook, By End User (2019-2028) ($MN)
12 Global Industrial Annunciators Market Outlook, By Discrete Industry (2019-2028) ($MN)
13 Global Industrial Annunciators Market Outlook, By Process Industry (2019-2028) ($MN)
14 North America Industrial Annunciators Market Outlook, By Country (2019-2028) ($MN)
15 North America Industrial Annunciators Market Outlook, By Type (2019-2028) ($MN)
16 North America Industrial Annunciators Market Outlook, By Dedicated Annunciator (2019-2028) ($MN)
17 North America Industrial Annunciators Market Outlook, By Conventional Annunciator (2019-2028) ($MN)
18 North America Industrial Annunciators Market Outlook, By Product (2019-2028) ($MN)
19 North America Industrial Annunciators Market Outlook, By Vertical Carousel (2019-2028) ($MN)
20 North America Industrial Annunciators Market Outlook, By Horizontal Carousel (2019-2028) ($MN)
21 North America Industrial Annunciators Market Outlook, By Indicators (2019-2028) ($MN)
22 North America Industrial Annunciators Market Outlook, By Lamps (2019-2028) ($MN)
23 North America Industrial Annunciators Market Outlook, By Alarm Sounds (2019-2028) ($MN)
24 North America Industrial Annunciators Market Outlook, By End User (2019-2028) ($MN)
25 North America Industrial Annunciators Market Outlook, By Discrete Industry (2019-2028) ($MN)
26 North America Industrial Annunciators Market Outlook, By Process Industry (2019-2028) ($MN)
27 Europe Industrial Annunciators Market Outlook, By Country (2019-2028) ($MN)
28 Europe Industrial Annunciators Market Outlook, By Type (2019-2028) ($MN)
29 Europe Industrial Annunciators Market Outlook, By Dedicated Annunciator (2019-2028) ($MN)
30 Europe Industrial Annunciators Market Outlook, By Conventional Annunciator (2019-2028) ($MN)
31 Europe Industrial Annunciators Market Outlook, By Product (2019-2028) ($MN)
32 Europe Industrial Annunciators Market Outlook, By Vertical Carousel (2019-2028) ($MN)
33 Europe Industrial Annunciators Market Outlook, By Horizontal Carousel (2019-2028) ($MN)
34 Europe Industrial Annunciators Market Outlook, By Indicators (2019-2028) ($MN)
35 Europe Industrial Annunciators Market Outlook, By Lamps (2019-2028) ($MN)
36 Europe Industrial Annunciators Market Outlook, By Alarm Sounds (2019-2028) ($MN)
37 Europe Industrial Annunciators Market Outlook, By End User (2019-2028) ($MN)
38 Europe Industrial Annunciators Market Outlook, By Discrete Industry (2019-2028) ($MN)
39 Europe Industrial Annunciators Market Outlook, By Process Industry (2019-2028) ($MN)
40 Asia Pacific Industrial Annunciators Market Outlook, By Country (2019-2028) ($MN)
41 Asia Pacific Industrial Annunciators Market Outlook, By Type (2019-2028) ($MN)
42 Asia Pacific Industrial Annunciators Market Outlook, By Dedicated Annunciator (2019-2028) ($MN)
43 Asia Pacific Industrial Annunciators Market Outlook, By Conventional Annunciator (2019-2028) ($MN)
44 Asia Pacific Industrial Annunciators Market Outlook, By Product (2019-2028) ($MN)
45 Asia Pacific Industrial Annunciators Market Outlook, By Vertical Carousel (2019-2028) ($MN)
46 Asia Pacific Industrial Annunciators Market Outlook, By Horizontal Carousel (2019-2028) ($MN)
47 Asia Pacific Industrial Annunciators Market Outlook, By Indicators (2019-2028) ($MN)
48 Asia Pacific Industrial Annunciators Market Outlook, By Lamps (2019-2028) ($MN)
49 Asia Pacific Industrial Annunciators Market Outlook, By Alarm Sounds (2019-2028) ($MN)
50 Asia Pacific Industrial Annunciators Market Outlook, By End User (2019-2028) ($MN)
51 Asia Pacific Industrial Annunciators Market Outlook, By Discrete Industry (2019-2028) ($MN)
52 Asia Pacific Industrial Annunciators Market Outlook, By Process Industry (2019-2028) ($MN)
53 South America Industrial Annunciators Market Outlook, By Country (2019-2028) ($MN)
54 South America Industrial Annunciators Market Outlook, By Type (2019-2028) ($MN)
55 South America Industrial Annunciators Market Outlook, By Dedicated Annunciator (2019-2028) ($MN)
56 South America Industrial Annunciators Market Outlook, By Conventional Annunciator (2019-2028) ($MN)
57 South America Industrial Annunciators Market Outlook, By Product (2019-2028) ($MN)
58 South America Industrial Annunciators Market Outlook, By Vertical Carousel (2019-2028) ($MN)
59 South America Industrial Annunciators Market Outlook, By Horizontal Carousel (2019-2028) ($MN)
60 South America Industrial Annunciators Market Outlook, By Indicators (2019-2028) ($MN)
61 South America Industrial Annunciators Market Outlook, By Lamps (2019-2028) ($MN)
62 South America Industrial Annunciators Market Outlook, By Alarm Sounds (2019-2028) ($MN)
63 South America Industrial Annunciators Market Outlook, By End User (2019-2028) ($MN)
64 South America Industrial Annunciators Market Outlook, By Discrete Industry (2019-2028) ($MN)
65 South America Industrial Annunciators Market Outlook, By Process Industry (2019-2028) ($MN)
66 Middle East & Africa Industrial Annunciators Market Outlook, By Country (2019-2028) ($MN)
67 Middle East & Africa Industrial Annunciators Market Outlook, By Type (2019-2028) ($MN)
68 Middle East & Africa Industrial Annunciators Market Outlook, By Dedicated Annunciator (2019-2028) ($MN)
69 Middle East & Africa Industrial Annunciators Market Outlook, By Conventional Annunciator (2019-2028) ($MN)
70 Middle East & Africa Industrial Annunciators Market Outlook, By Product (2019-2028) ($MN)
71 Middle East & Africa Industrial Annunciators Market Outlook, By Vertical Carousel (2019-2028) ($MN)
72 Middle East & Africa Industrial Annunciators Market Outlook, By Horizontal Carousel (2019-2028) ($MN)
73 Middle East & Africa Industrial Annunciators Market Outlook, By Indicators (2019-2028) ($MN)
74 Middle East & Africa Industrial Annunciators Market Outlook, By Lamps (2019-2028) ($MN)
75 Middle East & Africa Industrial Annunciators Market Outlook, By Alarm Sounds (2019-2028) ($MN)
76 Middle East & Africa Industrial Annunciators Market Outlook, By End User (2019-2028) ($MN)
77 Middle East & Africa Industrial Annunciators Market Outlook, By Discrete Industry (2019-2028) ($MN)
78 Middle East & Africa Industrial Annunciators Market Outlook, By Process Industry (2019-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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