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Industrial Annunciators Market

Industrial Annunciators Market by Type (Conventional annunciator, Dedicated annunciator) by Product (Vertical Carousel, Horizontal Carousel) by End-user (Process industry, Discrete industry): Global Industry Size, Share, Statistics and Forecast 2016 – 2028

Summary
Table Of Content

Market Insights

Annunciators are an arrangement of circuits and indicator lights that are designed to alert a human by sounding audible alarms or buzzers and blinking signaling lights when a process deviates from its normal state. Annunciators in industrial uses are used to monitor and process manufacturing machines and other equipment operating conditions. They work with sensors throughout the manufacturing process to alert workers or operators of any abnormalities during a procedure to stop or fix the operation.

The global Industrial Annunciators market has shown remarkable recovery to overcome the impact of negative growth in the manufacturing sector in 2020. In 2021, the demand for Industrial Annunciators was over 15%. While CAGR between 2022 and 2028 will be around 2.87%. The global Industrial Annunciators industry generated revenue of around USD 501.64 million in 2021 and is likely to reach over USD 624.37 million in 2028. Although the Industrial Annunciators market is expected to exhibit sluggish CAGR, the cumulative growth opportunity presented by the global Industrial Annunciators market during the forecast period will be a whopping USD 4 billion.

Interesting Facts about Industrial Annunciators Industry

Europe, the Middle East, and Africa Collectively held over 45% share of the Global Industrial Annunciators in 2021
Industrial Annunciators are facing stiff competition from SCADA.
S. is the single largest for Industrial Annunciators
Industrial Annunciators reached the stage of obsolescence during the 1990s. However, over the past few years, the demand for Industrial Annunciators is experiencing a resurgence.
The overall factory automation industry has reached over USD 190 billion.

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Impact of Covid-19 on this Industry

The impact of Covid-19 was significantly felt in the industrial annunciators market. Prolonged lockdowns and various other government regulations saw the closure or temporary shutting down of many manufacturing plants globally, hampered this market’s growth significantly over the last year. Covid-19 also negatively affected the global sales of machinery and equipment throughout the past year, which also greatly impacted this industry. Conventional annunciators and Dedicated annunciators are two key product types of Industrial Annunciators. Conventional Industrial Annunciators accounted for the largest share of the global Industrial Annunciators market, with over 60% in 2021.

Ever Increasing Requirements of Functional and Effective Safety Assessment Systems

The most significant factor fueling this market further is the increasing requirements for functional and practical safety assessment systems. As manufacturing plants and factories keep getting more complex and interconnected, the need for better alarm systems and indicators keeps growing. Industries and manufacturers are working hard to streamline their manufacturing processes to make them safer and more efficient, which will significantly augment the need for annunciators in different operating processes. Vertical Carousel and Horizontal Carousel are two major product types of Industrial Annunciators.

Growing Industrial Automation

Another driving force behind this industry is the increasing automation in industries and manufacturers globally. As manufacturers try to increase their focus on efficiency, safety, quality, and productivity rates, their processes keep getting more complex and autonomous. To continue this automation of different methods, annunciators must provide alarm and safety systems in many industries. Process industry and Discrete industry are two major end-user industries for Industrial Annunciators. Process Industry held over 65% share in 2021.

Noise-isolating Annunciators to Offer Future Growth Opportunities

The introduction of noiseless industrial annunciators has created a new business potential in the annunciator sector. There is a growing demand for noise-isolating annunciators, which will serve as a driving force in the growth of the industrial annunciators market over the next few years.

Prominent market players are starting to offer additional features, such as remote annunciators for places where the fire alarm control panel might be at a distance. Wireless industrial annunciators emerged, which is still an untapped market that could be an excellent opportunity for a key market player.

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Severe Threat Posed by SCADA

The use of SCADA or Supervisory Control and Data Acquisition as an alternative to industrial annunciators will be a major restraining factor to the industrial annunciator market over the forecasted period. Manufacturers might prefer a SCADA-based alarm system over conventional annunciators due to its lower costs. Due to the lower prices, manufacturers may be able to fit a higher number of alarm systems in a plant than if they did in annunciators.

Century Control Systems, Inc., OMRON Corporation, Patlite (USA) Corporation, Omniflex, Eaton Corporation, Hirsch Electronics Corp., Pem-Tech, Inc., Schweitzer Engineering Laboratories, Inc., Apex Automation Solutions, Honeywell International (Fire-Lite), ABB, AMETEK, Inc., Automation Displays, Inc., Linde North America, Inc., Notifier and OMEGA Engineering, Inc. are some of the key players in global Industrial Annunciators market.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Industrial Annunciators Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Industrial Annunciators Market Value, 2016-2028, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2021
3.3.1.Type
3.3.2.Product
3.3.3.End-user
3.3.4.End-user
3.3.5.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2021
4.1.Company market share of key players, 2021
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Industrial Annunciators Market Pre Vs Post COVID 19, 2019 – 2028
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Industrial Annunciators Market, by Country, 2016-2028(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
6.2.1.Overview
6.2.2.Conventional annunciator
6.2.3.Dedicated annunciator
6.3.North America Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
6.3.1.Overview
6.3.2.Vertical Carousel
6.3.3.Horizontal Carousel
6.4.North America Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
6.4.1.Overview
6.4.2.Process industry
6.4.3.Discrete industry

7.Europe
7.1.Europe Industrial Annunciators Market, by Country, 2016-2028(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
7.2.1.Overview
7.2.2.Conventional annunciator
7.2.3.Dedicated annunciator
7.3.Europe Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
7.3.1.Overview
7.3.2.Vertical Carousel
7.3.3.Horizontal Carousel
7.4.Europe Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
7.4.1.Overview
7.4.2.Process industry
7.4.3.Discrete industry

8.Asia Pacific
8.1.Asia Pacific Industrial Annunciators Market, by Country, 2016-2028(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
8.2.1.Overview
8.2.2.Conventional annunciator
8.2.3.Dedicated annunciator
8.3.Asia Pacific Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
8.3.1.Overview
8.3.2.Vertical Carousel
8.3.3.Horizontal Carousel
8.4.Asia Pacific Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
8.4.1.Overview
8.4.2.Process industry
8.4.3.Discrete industry

9.Latin America
9.1.Latin America Industrial Annunciators Market, by Country, 2016-2028(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
9.2.1.Overview
9.2.2.Conventional annunciator
9.2.3.Dedicated annunciator
9.3.Latin America Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
9.3.1.Overview
9.3.2.Vertical Carousel
9.3.3.Horizontal Carousel
9.4.Latin America Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
9.4.1.Overview
9.4.2.Process industry
9.4.3.Discrete industry

10.Middle East
10.1.Middle East Industrial Annunciators Market, by Country, 2016-2028(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
10.2.1.Overview
10.2.2.Conventional annunciator
10.2.3.Dedicated annunciator
10.3.Middle East Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
10.3.1.Overview
10.3.2.Vertical Carousel
10.3.3.Horizontal Carousel
10.4.Middle East Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
10.4.1.Overview
10.4.2.Process industry
10.4.3.Discrete industry

11.Africa
11.1.Africa Industrial Annunciators Market, by Country, 2016-2028(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
11.2.1.Overview
11.2.2.Conventional annunciator
11.2.3.Dedicated annunciator
11.3.Africa Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
11.3.1.Overview
11.3.2.Vertical Carousel
11.3.3.Horizontal Carousel
11.4.Africa Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
11.4.1.Overview
11.4.2.Process industry
11.4.3.Discrete industry

12.Global
12.1.Global Industrial Annunciators Market, by Type, 2016-2028(US$ Bn)
12.1.1.Overview
12.1.2.Conventional annunciator
12.1.3.Dedicated annunciator
12.2.Global Industrial Annunciators Market, by Product, 2016-2028(US$ Bn)
12.2.1.Overview
12.2.2.Vertical Carousel
12.2.3.Horizontal Carousel
12.3.Global Industrial Annunciators Market, by End-user, 2016-2028(US$ Bn)
12.3.1.Overview
12.3.2.Process industry
12.3.3.Discrete industry

13.Company Profiles
13.1.Century Control Systems, Inc.
13.2.OMRON Corporation
13.3.Patlite (USA) Corporation
13.4.Omniflex
13.5.Eaton Corporation
13.6.Hirsch Electronics Corp.
13.7.Pem-Tech, Inc.
13.8.Schweitzer Engineering Laboratories, Inc.,
13.9.Apex Automation Solutions
13.10.Honeywell International (Fire-Lite)
13.11.ABB
13.12.AMETEK, Inc.
13.13.Automation Displays, Inc.
13.14.Linde North America, Inc.
13.15.Notifier
13.16.OMEGA Engineering, Inc.
13.17.Others

List of Figures

FIG. 1Global Industrial Annunciators Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Industrial Annunciators Market Segmentation
FIG. 4Global Industrial Annunciators Market, by Type, 2019 (US$ Bn)
FIG. 5Global Industrial Annunciators Market, by Distribution Channel, 2021 (US$ Bn)
FIG. 6Global Industrial Annunciators Market, by Geography, 2021 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2021
FIG. 8Global Market Positioning of Key Industrial Annunciators Market Manufacturers, 2019
FIG. 9Global Industrial Annunciators Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10Global Industrial Annunciators Market, by Conventional annunciator, Value, 2016-2028 (US$ Bn)
FIG. 11Global Industrial Annunciators Market, by Dedicated annunciator, Value, 2016-2028 (US$ Bn)
FIG. 12Global Industrial Annunciators Market Value Contribution, By Product, 2021 & 2028 (Value %)
FIG. 13Global Industrial Annunciators Market, by Vertical Carousel, Value, 2016-2028 (US$ Bn)
FIG. 14Global Industrial Annunciators Market, by Horizontal Carousel, Value, 2016-2028 (US$ Bn)
FIG. 15Global Industrial Annunciators Market, by Purge coke, Value, 2016-2028 (US$ Bn)
FIG. 16Global Industrial Annunciators Market, by Shot coke, Value, 2016-2028 (US$ Bn)
FIG. 17Global Industrial Annunciators Market, by Needle coke, Value, 2016-2028 (US$ Bn)
FIG. 18Global Industrial Annunciators Market Value Contribution, By End-user, 2021 & 2028 (Value %)
FIG. 19Global Industrial Annunciators Market, by Process industry, Value, 2016-2028 (US$ Bn)
FIG. 20Global Industrial Annunciators Market, by Discrete industry, Value, 2016-2028 (US$ Bn)
FIG. 21Global Industrial Annunciators Market, by Cement, Value, 2016-2028 (US$ Bn)
FIG. 22Global Industrial Annunciators Market, by Power station, Value, 2016-2028 (US$ Bn)
FIG. 23Global Industrial Annunciators Market, by Calcined coke, Value, 2016-2028 (US$ Bn)
FIG. 24U.S. Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 25Rest of North America Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 26U.K. Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 27Germany Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 28France Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 29Italy Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 30Spain Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 31Russia Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 32BENELUX Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 33Poland Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 34Austria Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 35Rest of Europe Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 36Japan Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 37China Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 38India Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 39South Korea Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 40Australia Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 41Southeast Asia Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 42Rest of Asia Pacific Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 43Middle East & Africa Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 44South Africa Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 45Nigeria Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 46Egypt Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 47GCC Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 48Israel Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 49Latin America Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 50Mechanicalzil Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 51Argentina Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 52Colombia Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 53Peru Industrial Annunciators Market, 2016-2028 (US$ Bn)
FIG. 54Chile Industrial Annunciators Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (Industrial Annunciators) Market
TABLE 2Global Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 3Global Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 4Global Industrial Annunciators Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5North America Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 6North America Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 7North America Industrial Annunciators Market, by Country, 2016-2028 (US$ Bn)
TABLE 8Europe Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 9Europe Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 10Europe Industrial Annunciators Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11Asia Pacific Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 12Asia Pacific Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 13Asia Pacific Industrial Annunciators Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14Latin America Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 15Latin America Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 16Latin America Industrial Annunciators Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17Middle East Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 18Middle East Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 19Middle East Industrial Annunciators Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20Africa Industrial Annunciators Market, by Type, 2016-2028 (US$ Bn)
TABLE 21Africa Industrial Annunciators Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 22Africa Industrial Annunciators Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions

How COVID 19 Impacted Industrial Annunciators Market?

Likewise other industries, COVID 19 also taken a toll on Industrial Annunciators market with around 10.91% decline in its revenue in 2020 as compare to 2019

Which is the leading regional market for Industrial Annunciators?

Europe is the largest regional market with highest share in the total volume of Industrial Annunciators consumed in 2021 followed by Europe

What is the major growth driving factors for global Industrial Annunciators market?

Increasing demand for efficient safety systems in manufacturing sectors coupled with growing automation across all verticals

Which is major segment in Industrial Annunciators market by end-user?

Process Industry dominated the Industrial Annunciators market in 2021 with over 65% share

Which is major segment in Industrial Annunciators market by type?

Conventional Industrial Annunciators segment was the largest type of Industrial Annunciators in 2021 with over 55% share

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