
Industrial Signal Devices Market
Industrial Signal Devices Market Forecasts to 2030 - Global Analysis By Product Type (Visual Signals, Audible Signals, Combined Audio-Visual Signals,Safety Signals, Environmental Monitoring Signals and Other Product Types), Material, End User and By Geography
Years Covered |
2021-2030 |
CAGR (2023 - 2030) |
9.2% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
North America |
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Industrial Signal Devices Market is growing at a CAGR of 9.2% during the forecast period. Industrial signal devices are instruments or apparatus used in industrial environments to transmit certain data or alerts by means of visual, aural, or occasionally tactile signals. In industrial settings, these gadgets are vital for ensuring worker safety, organizing workflow, and transmitting important data. In order to efficiently convey warnings, alerts, instructions, or status updates, these devices are positioned strategically in factories, warehouses, building sites, or any other industrial setting.
Market Dynamics:
Driver:
Growing industrialization and infrastructure development
The need for signal devices in industries including manufacturing, construction, and transportation is rising due to ongoing infrastructure development projects worldwide and the rapid industrialization of emerging nations. Workplace safety is greatly enhanced by industrial signal equipment including sirens, lights, and alarms. When possible risks, crises, or changes in operations are alerted to, personnel are able to react quickly and take the appropriate safety measures. The market is expanding as a result of these causes.
Restraint:
Limited effectiveness in large spaces
Signal devices may be difficult for certain workers to hear or see in large industrial spaces or noisy workplaces, which might limit their ability to effectively communicate messages or cautions. Signal devices are frequently subjected to severe temperatures, high humidity, dust, or chemical exposure in industrial environments, which can have an adverse effect on their longevity and functionality. These elements are preventing the market from expanding.
Opportunity:
Demand from end-user industries
Industry-specific demand drivers result from the particular needs of several industries, including manufacturing, oil and gas, transportation, chemical, and healthcare. Alarms, sirens, and flashing lights are examples of signal devices that are essential for warning employees about possible dangers, crises, or dangerous situations. By reducing mishaps and guaranteeing prompt actions under urgent circumstances, they contribute to the improvement of overall safety procedures. These factors are contributing to the market's expansion.
Threat:
High cost
The cost of installing, maintaining, and replacing signal devices might vary depending on their sophistication and level of technology. Sometimes the cost factor prevents them from being widely implemented. These devices must need routine maintenance in order to operate as intended and adhere to safety regulations. Costs associated with routine inspections, fixes, and replacements are included in the total cost of ownership. Thus, these are the aspects preventing the market from growing.
Covid-19 Impact:
Production and delivery of industrial signal devices were delayed as a result of the pandemic's disruption of worldwide supply networks. Production slowdowns and shortages were caused by mobility restrictions, lockdowns, and an increase in the demand for specific components. Requirements for distant work and physical presence have led to a greater dependence on remote monitoring and maintenance solutions for industrial signal devices. As a result, cloud-based monitoring solutions and IoT-enabled gadgets have become more popular.
The visual signals segment is expected to be the largest during the forecast period
The visual signals segment is expected to be the largest during the forecast period. Language limitations are frequently overcome by the instantaneous and unambiguous communication that visual cues offer. They enable prompt reaction and action by effectively and swiftly transmitting signals. Visual cues are essential for safety in industrial settings. They can alert employees to potentially dangerous circumstances, alert them to hazardous conditions, or convey emergency situations, allowing them to take the appropriate safety measures or evacuate as needed.
The chemicals segment is expected to have the highest CAGR during the forecast period
The chemicals segment is expected to have the highest CAGR during the forecast period. Chemical plants often operate under strict safety regulations and standards. Signal devices help these facilities comply with safety protocols by providing necessary warning signals, meeting regulatory requirements, and maintaining a safe working environment. Signal devices aid in streamlining operations by signaling workflow changes, equipment status, or process alerts.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. The number of accidents in North America has significantly increased, primarily as a result of drivers not paying enough attention when using the car's other features. As a result, automakers have been forced to include steering wheel switches in their cars to provide a smoother driving experience.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. The region's market is growing as a result of ongoing improvements to signaling device solutions and rising safety concerns. In recent years, manufacturing facilities and petrochemical units have embraced signaling devices in large quantities. Industrial manufacturing is the industry with the highest adoption rate because it offers considerable cost savings and increases worker productivity. It is also expected that this would continue to rise over the projection period.
Key players in the market
Some of the key players in Industrial Signal Devices market include Analog Devices, National Instruments, E2S Warning Signals, Tomar Electronics, Federal Signal Corporation, Rockwell Automation, Edwards Signaling, Werma Signaltechnik, Patlite Corporation, Larson Electronics, Schneider Electric, Honeywell and Eaton Corporation.
Key Developments:
In June 2021, E2S Warning Signals announced the launch of latest iteration of the AlertAlarm, AlertAlight & Sonora ranges. The E2S AlertAlarm, AlertAlight & Sonora ranges of alarm horn sounders, beacons and combined signals provide reliable and effective alarm notification.
In January 2021, Tomar Electronics and MacGvyer Solutions joined forces to provide off-road and emergency lighting together with sirens and public address systems for the US military, federal agencies and state/municipal governments.
In April 2021, E2S Warning Signals, global leader in audible and visual notification devices, has introduced the next generation of its M range industrial alarm horn sounders. The new MA1F and the MA2F employ the enclosure and mounting as previous MA112 and MA121 versions but now feature enhanced electronics containing the latest in D Class amplifier technology,
Product Types Covered:
• Visual Signals
• Audible Signals
• Combined Audio-Visual Signals
• Safety Signals
• Environmental Monitoring Signals
• Other Product Types
Materials Covered:
• Plastics
• Metals
• Glass
• Rubber
• Other Materials
End Users Covered:
• Manufacturing
• Oil and Gas
• Chemicals
• Healthcare
• Transportation
• Utilities
• Automotive
• Aerospace
• Other End Users
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 2021, 2022, 2023, 2026, and 2030
- 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 Signal Devices Market, By Product Type
5.1 Introduction
5.2 Visual Signals
5.2.1 Strobe Lights
5.2.2 Light-Emitting Diode (LED) Signals
5.2.3 Tower Lights
5.2.4 Beacons
5.3 Audible Signals
5.3.1 Buzzers
5.3.2 Horns
5.3.3 Sirens
5.4 Combined Audio-Visual Signals
5.5 Safety Signals
5.6 Environmental Monitoring Signals
5.7 Other Product Types
6 Global Industrial Signal Devices Market, By Material
6.1 Introduction
6.2 Plastics
6.3 Metals
6.4 Glass
6.5 Rubber
6.6 Other Materials
7 Global Industrial Signal Devices Market, By End User
7.1 Introduction
7.2 Manufacturing
7.3 Oil and Gas
7.4 Chemicals
7.5 Healthcare
7.6 Transportation
7.7 Utilities
7.8 Automotive
7.9 Aerospace
7.10 Other End Users
8 Global Industrial Signal Devices Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Analog Devices
10.2 National Instruments
10.3 E2S Warning Signals
10.4 Tomar Electronics
10.5 Federal Signal Corporation
10.6 Rockwell Automation
10.7 Edwards Signaling
10.8 Werma Signaltechnik
10.9 Patlite Corporation
10.10 Larson Electronics
10.11 Schneider Electric
10.12 Honeywell
10.13 Eaton Corporation
List of Tables
1 Global Industrial Signal Devices Market Outlook, By Region (2021-2030) ($MN)
2 Global Industrial Signal Devices Market Outlook, By Product Type (2021-2030) ($MN)
3 Global Industrial Signal Devices Market Outlook, By Visual Signals (2021-2030) ($MN)
4 Global Industrial Signal Devices Market Outlook, By Strobe Lights (2021-2030) ($MN)
5 Global Industrial Signal Devices Market Outlook, By Light-Emitting Diode (LED) Signals (2021-2030) ($MN)
6 Global Industrial Signal Devices Market Outlook, By Tower Lights (2021-2030) ($MN)
7 Global Industrial Signal Devices Market Outlook, By Beacons (2021-2030) ($MN)
8 Global Industrial Signal Devices Market Outlook, By Audible Signals (2021-2030) ($MN)
9 Global Industrial Signal Devices Market Outlook, By Buzzers (2021-2030) ($MN)
10 Global Industrial Signal Devices Market Outlook, By Horns (2021-2030) ($MN)
11 Global Industrial Signal Devices Market Outlook, By Sirens (2021-2030) ($MN)
12 Global Industrial Signal Devices Market Outlook, By Combined Audio-Visual Signals (2021-2030) ($MN)
13 Global Industrial Signal Devices Market Outlook, By Safety Signals (2021-2030) ($MN)
14 Global Industrial Signal Devices Market Outlook, By Environmental Monitoring Signals (2021-2030) ($MN)
15 Global Industrial Signal Devices Market Outlook, By Other Product Types (2021-2030) ($MN)
16 Global Industrial Signal Devices Market Outlook, By Material (2021-2030) ($MN)
17 Global Industrial Signal Devices Market Outlook, By Plastics (2021-2030) ($MN)
18 Global Industrial Signal Devices Market Outlook, By Metals (2021-2030) ($MN)
19 Global Industrial Signal Devices Market Outlook, By Glass (2021-2030) ($MN)
20 Global Industrial Signal Devices Market Outlook, By Rubber (2021-2030) ($MN)
21 Global Industrial Signal Devices Market Outlook, By Other Materials (2021-2030) ($MN)
22 Global Industrial Signal Devices Market Outlook, By End User (2021-2030) ($MN)
23 Global Industrial Signal Devices Market Outlook, By Manufacturing (2021-2030) ($MN)
24 Global Industrial Signal Devices Market Outlook, By Oil and Gas (2021-2030) ($MN)
25 Global Industrial Signal Devices Market Outlook, By Chemicals (2021-2030) ($MN)
26 Global Industrial Signal Devices Market Outlook, By Healthcare (2021-2030) ($MN)
27 Global Industrial Signal Devices Market Outlook, By Transportation (2021-2030) ($MN)
28 Global Industrial Signal Devices Market Outlook, By Utilities (2021-2030) ($MN)
29 Global Industrial Sign
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 Signal Devices Market, By Product Type 5.1 Introduction 5.2 Visual Signals 5.2.1 Strobe Lights 5.2.2 Light-Emitting Diode (LED) Signals 5.2.3 Tower Lights 5.2.4 Beacons 5.3 Audible Signals 5.3.1 Buzzers 5.3.2 Horns 5.3.3 Sirens 5.4 Combined Audio-Visual Signals 5.5 Safety Signals 5.6 Environmental Monitoring Signals 5.7 Other Product Types 6 Global Industrial Signal Devices Market, By Material 6.1 Introduction 6.2 Plastics 6.3 Metals 6.4 Glass 6.5 Rubber 6.6 Other Materials 7 Global Industrial Signal Devices Market, By End User 7.1 Introduction 7.2 Manufacturing 7.3 Oil and Gas 7.4 Chemicals 7.5 Healthcare 7.6 Transportation 7.7 Utilities 7.8 Automotive 7.9 Aerospace 7.10 Other End Users 8 Global Industrial Signal Devices Market, By Geography 8.1 Introduction 8.2 North America 8.2.1 US 8.2.2 Canada 8.2.3 Mexico 8.3 Europe 8.3.1 Germany 8.3.2 UK 8.3.3 Italy 8.3.4 France 8.3.5 Spain 8.3.6 Rest of Europe 8.4 Asia Pacific 8.4.1 Japan 8.4.2 China 8.4.3 India 8.4.4 Australia 8.4.5 New Zealand 8.4.6 South Korea 8.4.7 Rest of Asia Pacific 8.5 South America 8.5.1 Argentina 8.5.2 Brazil 8.5.3 Chile 8.5.4 Rest of South America 8.6 Middle East & Africa 8.6.1 Saudi Arabia 8.6.2 UAE 8.6.3 Qatar 8.6.4 South Africa 8.6.5 Rest of Middle East & Africa 9 Key Developments 9.1 Agreements, Partnerships, Collaborations and Joint Ventures 9.2 Acquisitions & Mergers 9.3 New Product Launch 9.4 Expansions 9.5 Other Key Strategies 10 Company Profiling 10.1 Analog Devices 10.2 National Instruments 10.3 E2S Warning Signals 10.4 Tomar Electronics 10.5 Federal Signal Corporation 10.6 Rockwell Automation 10.7 Edwards Signaling 10.8 Werma Signaltechnik 10.9 Patlite Corporation 10.10 Larson Electronics 10.11 Schneider Electric 10.12 Honeywell 10.13 Eaton Corporation List of Tables 1 Global Industrial Signal Devices Market Outlook, By Region (2021-2030) ($MN) 2 Global Industrial Signal Devices Market Outlook, By Product Type (2021-2030) ($MN) 3 Global Industrial Signal Devices Market Outlook, By Visual Signals (2021-2030) ($MN) 4 Global Industrial Signal Devices Market Outlook, By Strobe Lights (2021-2030) ($MN) 5 Global Industrial Signal Devices Market Outlook, By Light-Emitting Diode (LED) Signals (2021-2030) ($MN) 6 Global Industrial Signal Devices Market Outlook, By Tower Lights (2021-2030) ($MN) 7 Global Industrial Signal Devices Market Outlook, By Beacons (2021-2030) ($MN) 8 Global Industrial Signal Devices Market Outlook, By Audible Signals (2021-2030) ($MN) 9 Global Industrial Signal Devices Market Outlook, By Buzzers (2021-2030) ($MN) 10 Global Industrial Signal Devices Market Outlook, By Horns (2021-2030) ($MN) 11 Global Industrial Signal Devices Market Outlook, By Sirens (2021-2030) ($MN) 12 Global Industrial Signal Devices Market Outlook, By Combined Audio-Visual Signals (2021-2030) ($MN) 13 Global Industrial Signal Devices Market Outlook, By Safety Signals (2021-2030) ($MN) 14 Global Industrial Signal Devices Market Outlook, By Environmental Monitoring Signals (2021-2030) ($MN) 15 Global Industrial Signal Devices Market Outlook, By Other Product Types (2021-2030) ($MN) 16 Global Industrial Signal Devices Market Outlook, By Material (2021-2030) ($MN) 17 Global Industrial Signal Devices Market Outlook, By Plastics (2021-2030) ($MN) 18 Global Industrial Signal Devices Market Outlook, By Metals (2021-2030) ($MN) 19 Global Industrial Signal Devices Market Outlook, By Glass (2021-2030) ($MN) 20 Global Industrial Signal Devices Market Outlook, By Rubber (2021-2030) ($MN) 21 Global Industrial Signal Devices Market Outlook, By Other Materials (2021-2030) ($MN) 22 Global Industrial Signal Devices Market Outlook, By End User (2021-2030) ($MN) 23 Global Industrial Signal Devices Market Outlook, By Manufacturing (2021-2030) ($MN) 24 Global Industrial Signal Devices Market Outlook, By Oil and Gas (2021-2030) ($MN) 25 Global Industrial Signal Devices Market Outlook, By Chemicals (2021-2030) ($MN) 26 Global Industrial Signal Devices Market Outlook, By Healthcare (2021-2030) ($MN) 27 Global Industrial Signal Devices Market Outlook, By Transportation (2021-2030) ($MN) 28 Global Industrial Signal Devices Market Outlook, By Utilities (2021-2030) ($MN) 29 Global Industrial Signal Devices Market Outlook, By Automotive (2021-2030) ($MN) 30 Global Industrial Signal Devices Market Outlook, By Aerospace (2021-2030) ($MN) 31 Global Industrial Signal Devices Market Outlook, By Other End Users (2021-2030) ($MN) Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above. |
al Devices Market Outlook, By Automotive (2021-2030) ($MN)
30 Global Industrial Signal Devices Market Outlook, By Aerospace (2021-2030) ($MN)
31 Global Industrial Signal Devices Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
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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