Global Industrial Annunciators Market 2018-2022

Overview of the industrial annunciators market

Technavio’s market research analysts have identified the growing need for annunicators in alarm safety systems as one of the primary factors fueling the growth of this market during the next few years. The growing application of automation in industrial plants has raised the need for implementing alarm safety systems. With the increasing number of connected processes and equipment, the need for incorporating annunciators in complex industrial plants has also increased over the last few years. Consequently, this will lead to the demand for alarm annunciator panels and remote annunicators, driving market growth. According to our market research analysts, this market will register a CAGR of more than 5% by 2022.

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The emergence of noiseless industrial annunciators will be a major trend gaining traction in this market during the next few years. Several vendors including the Ronan Engineering Company offer annunciator systems based on relay logic to provide immunity from noise. Moreover, vendors are also offering remote annunciators, particularly for areas where the fire alarm control panel is located at a distance. Such innovations from the vendors will have a significant impact on the demand for annunciator panels driving market growth.

Companies covered

The industrial annunciators market appears to be fragmented due to the presence of several companies. Since manufacturers in the annunciator panel market are increasingly focusing on innovation and are adopting advanced technologies to introduce innovative products, the market is quite competitive. By providing an in-depth analysis of the market’s competitive landscape and information about the strategies followed by companies, this market research report on the industrial annunciators market will help clients improve their revenue shares in this competitive market.

This research report provides an analysis of various companies in this market including –

• ABB
• AMETEK
• Eaton
• Honeywell International (Fire-Lite)
• OMRON
• Ronan Engineering Company

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Segmentation by geography and analysis of the industrial annunciators market

• Americas
• APAC
• EMEA

EMEA accounted for the largest share of the industrial annunciators market during 2017. According to this annunciator panel market research report, the region will continue its dominance in this market throughout the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global industrial annunciators market?
• What are the key market trends impacting the growth of the global industrial annunciators market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial annunciators market?
• What are the market opportunities and threats faced by the vendors in the global industrial annunciators market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global industrial annunciators market?

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