What is Alarm Annunciators Market?
Alarm annunciator is defined as the centralized model, which are used for giving audio visual indications of the fault condition. It allows to control basic function of fire alarm system without having to actually be a fire alarm control panel. Some of the features of alarm annunciator products are 4 windows to 128 windows, integral & split models, microprocessor based, super bright LEDs for facia, Standard operating sequences and others. It is used in various application such as transportation, medical, automotive, oil and gas, mining and others.
The market study is being classified by Type (Temperature Alarm, Gas Alarm, Smoke Alarm and Audible Alarm), by Application (Transportation, Medical, Automotive, Oil and Gas, Mining and Others) and major geographies with country level break-up.
Qualitro (United States), Ronan Engineering Company (United States), Proton Power Control (United States), Puleo Electronics (United States), ABB (Switzerland), Contrel Elettronica (Italy), Omniflex (Pty) Ltd (South Africa), Eaton Corporation Inc. (Ireland), Keltron Corp (United States), Minilec Group (India) and Apex Alarms (United States) are some of the key players profiled in the study.
The global alarm annunciator market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Alarm Annunciators market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Alarm Annunciators market by Type, Application and Region.
On the basis of geography, the market of Alarm Annunciators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Alarm Annunciator in Various Application
- Increasing Awareness among the People about the Benefits of Alarm Annunciator
Market Trend
- Technology Advancement regarding Alarm Annunciators
- Top Players are Focusing on Product Enhancement
Restraints
- Stringent Government Regulation
Opportunities
- Growing Demand from Emerging Market such a China, India and Others
- Government Initiative to Promote Alarm Annunciators in Industry
Challenges
- High Prices of Alarm annunciator Products
- Efforts Required For Customer Engagement and Retention
Key Target Audience
Alarm Annunciator Manufactures, Government Associations, Market Research and Consulting Firms, Government Regulatory Authorities and Others