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(Wireless-NewsWire.Com, January 10, 2018 ) The Signaling Devices market accounted for US$ 1520.0 million in 2016 and is expected to grow during the forecast period 2017 – 2025, to account for US$ 2675.3 million in 2025. With wide range of audible and signaling device, NHP offers a variety of sound solution for hundreds of application, NHP has a variety of emergency signaling devices. Signaling device is a device which rises an alarm which can be visual alarm or a sound depending on the signaling device based on the control panel. The device are linked with the control panel and installed in such a way that people can become alert and can take corrective measures. Signaling device is very important in safety and security management such as mining safety system, heavy rainfall warning system, earthquakes warning system, fire alarm system and traffic signaling. Signaling devices are designed according to the requirement.
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Key Insight of Signaling Devices Market
- Historical and Future Market
- Supply and Demand
- Price and Cost
- Drivers and Challenges
- Key Vendors
- Market Strategies
- Industry Value Chain
- Regions
One of the major driving factor fueling the growth of signaling device is growing focus on safety in industrial sector. In addition to this there are several other factors driving the market such as increase in the urbanization, Growing demand for safety equipment and government improving the industrial safety by safety rules. However, the factors hindering the growth of signaling device is high initial cost and lack of expert professionals. Increasing safety in industrial sector is expected to boost the market over the forecasted period.
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Signaling device market is segmented on the basis of type which includes control devices, audible signaling devices and others. Similarly, the market is further segmented on the basis of application such as fire & industrial signaling, hazardous area signaling and wide area signaling and the market is further breakdown as end user such as warehouse & factories, mining, commercial, marine and others. The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Australia, Japan, India, South Arabia, South Africa, UAE and Brazil.
Signaling Devices Market Key Players
ABB Ltd.
Eaton Corporation PLC (Cooper Industries)
Emerson Electric
Honeywell International Inc.
L-3 Communication Holding, Inc.
R.STAHL Inc.
Rockwell Automation
Siemens AG
Thales Group
Werma Signaltechnik GmbH + Co. KG
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