The global industrial annunciators market to grow at a CAGR of 5.10% during the period 2018-2022.
Global Industrial Annunciators Market 2018-2022 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is growing need for annunciators in alarm safety systems. 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.
One trend in the market is emergence of noiseless industrial annunciators. 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.
Further, the report states that one challenge in the market is availability of alternatives. One of the reasons for the shift toward SCADA-based alarm systems is the capability of these systems to minimize the cost associated with alarm configuration, due to which a greater number of alarm points can be added in plants.
- Honeywell International (Fire-Lite)
- Ronan Engineering Company
Key Topics Covered:
01: Executive Summary
02: Scope Of The Report
03: Research Methodology
04: Market Landscape
05: Market Sizing
06: Five Forces Analysis
07: Market Segmentation By Product
08: Customer Landscape
09: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
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