4 Million, driven by a compounded growth of 4%. Strobe Beacons, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$801.1 Million by the year 2025, Strobe Beacons will bring in healthy gains adding significant momentum to global growth.
– Representing the developed world, the United States will maintain a 3.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$14.8 Million to the region’s size and clout in the next 5 to 6 years. Over US$11.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Strobe Beacons will reach a market size of US$31.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.4% over the next couple of years and add approximately US$86.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Highlights:
• Safety at Work Place Throws the Focus on Audible and Visual Signaling Devices
• An Introduction to Audible & Visual Signaling Devices
• Audible & Visual Signaling Devices: Current Market Scenario and Outlook
• Developing Regions Emerge as Core Markets for AV Signaling Devices
• Revenue Contribution of Developed Regions Remains High
• Product Segment Analysis
• Strobe Beacons Dominate the Market
• Lighting Systems: Another Major Product Category
• Bells & Horns Remain Sought After Industrial Safety Tools
• Growing Importance of Fire Alarms
• Economic Scenario and its Influence on AV Signaling Devices Market
• Real GDP Growth Rates in % by Country/Region for the Years 2
• through 2020
• Global Competitor Market Shares
• Audible & Visual Signaling Devices Competitor Market Share Scenario Worldwide (in %): 2019
