The industrial annunciator market in Europeis expected to grow from US$ 601.51million in 2019 to US$ 787.25million by 2027; it is estimated to grow at a CAGR of 3.6% from 2020 to 2027.
The industrial annunciators have gained prominence over the years and are foreseen to continue surge in numbers and revenues. The continuously rising demand for industrial annunciators is majorly attributed to an increase in the number of industries in developed and developing countries.
In terms of type, the conventional annunciator segment held the larger share of the industrial annunciator marketin 2019.The adoption rate of conventional annunciators is higher than SCADA systems, particularly in industries such as oil & gas and nuclear power plants. Moreover, modern annunciators are equipped with advanced electronics that enhance the capability to withstand loud noise, which ultimately reduces the risk of false alarm. These benefits are attracting a significant number of industrial customers, which is propelling the growth of the conventional annunciators market.
Overallsize of the Europeindustrial annunciator market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Europeindustrial annunciatormarket with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europeindustrial annunciatormarket are ABB Ltd, AMETEK Inc, Eaton Corporation plc, Ronan Engineering Company, and Dwyer Instruments, Incare among a few players operating in the Europeindustrial annunciator market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Industrial Annunciator Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Industrial Annunciator Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Adoption of Industrial Annunciators by Several Plants as an Important Component of their Mission-Critical Safety Systems
5.1.2 Growing Plant Complexity is Boosting the Requirement for Alarm Handling to Incorporate Annunciators
5.2 Market Restraints
5.2.1 Benefits of SCADA Solutions Over Annunciator System
5.3 Market Opportunities
5.3.1 Industries Replacing their Old Annunciators with Noise Immunity Annunciators
5.4 Future Trends
5.4.1 Emerging Trend of Wireless Annunciators
5.5 Impact Analysis of Drivers and Restraints
6. Industrial Annunciator - Europe Market Analysis
6.1 Industrial Annunciator Market Overview
6.2 Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Europe Market Players Ranking
7. Industrial Annunciator Market Analysis - By Type
7.1 Overview
7.2 Industrial Annunciator Market, By Type (2019 and 2027)
7.3 Conventional Annunciators
7.3.1 Overview
7.3.2 Conventional Annunciators: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Dedicated Annunciators
7.4.1 Overview
7.4.2 Dedicated Annunciators: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
8. Industrial Annunciator Market Analysis - By End-user
8.1 Overview
8.2 Industrial Annunciator Market, By End-user (2019 and 2027)
8.3 Process Industry
8.3.1 Overview
8.3.2 Process Industry: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
8.4 Discrete Industry
8.4.1 Overview
8.4.2 Discrete Industry: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9. Industrial Annunciator Market - Country Analysis
9.1 Overview
9.2 Europe: Industrial Annunciator Market
9.2.1 Europe: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.2 Europe: Industrial Annunciator Market, by Type
9.2.3 Europe: Industrial Annunciator Market, by End-user
9.2.4 Europe: Industrial Annunciator Market, by Key Country
9.2.4.1 UK: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.4.1.1 UK: Industrial Annunciator Market, by Type
9.2.4.1.2 UK: Industrial Annunciator Market, by End-user
9.2.4.2 Germany: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.4.2.1 Germany: Industrial Annunciator Market, by Type
9.2.4.2.2 Germany: Industrial Annunciator Market, by End-user
9.2.4.3 France: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.4.3.1 France: Industrial Annunciator Market, by Type
9.2.4.3.2 France: Industrial Annunciator Market, by End-user
9.2.4.4 Italy: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.4.4.1 Italy: Industrial Annunciator Market, by Type
9.2.4.4.2 Italy: Industrial Annunciator Market, by End-user
9.2.4.5 Russia: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.4.5.1 Russia: Industrial Annunciator Market, by Type
9.2.4.5.2 Russia: Industrial Annunciator Market, by End-user
9.2.4.6 Rest of Europe: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
9.2.4.6.1 Rest of Europe: Industrial Annunciator Market, by Type
9.2.4.6.2 Rest of Europe: Industrial Annunciator Market, by End-user
10. Impact of COVID-19 Pandemic on Europe Industrial Annunciator Market
10.1 Overview
10.1.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
12. Key Company Profiles
12.1 ABB Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 AMETEK Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Eaton Corporation plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Ronan Engineering Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dwyer Instruments, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 NOTIFIER
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Schweitzer Engineering Laboratories, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Apex Automation Solutions
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Omniflex
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index
LIST OF TABLES
Table 1. Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Table 2. Europe: Industrial Annunciator Market, by Type - Revenue and Forecast to 2027 (US$ Million)
Table 3. Europe: Industrial Annunciator Market, by End-user - Revenue and Forecast to 2027 (US$ Million)
Table 4. UK: Industrial Annunciator Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 5. UK: Industrial Annunciator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
Table 6. Germany: Industrial Annunciator Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 7. Germany: Industrial Annunciator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
Table 8. France: Industrial Annunciator Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 9. France: Industrial Annunciator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
Table 10. Italy: Industrial Annunciator Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 11. Italy: Industrial Annunciator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
Table 12. Russia: Industrial Annunciator Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 13. Russia: Industrial Annunciator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of Europe: Industrial Annunciator Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of Europe: Industrial Annunciator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
Table 16. List of Abbreviation
LIST OF FIGURES
Figure 1. Industrial Annunciator Market Segmentation
Figure 2. Industrial Annunciator Market Segmentation - By Country
Figure 3. Europe Industrial Annunciator Market Overview
Figure 4. Europe Industrial Annunciator Market - Country Analysis
Figure 5. Europe Industrial Annunciator Market - Type Analysis
Figure 6. Europe Industrial Annunciator Market - End-user Analysis
Figure 7. Europe: PEST Analysis
Figure 8. Industrial Annunciator Market - Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Industrial Annunciator Market Impact Analysis of Drivers and Restraints
Figure 11. Europe: Industrial Annunciator Market - Revenue and Forecast to 2027 (US$ Million)
Figure 12. Industrial Annunciator Market Revenue Share, by Type (2019 and 2027)
Figure 13. Conventional Annunciators: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Dedicated Annunciators: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Industrial Annunciator Market Revenue Share, by End-user (2019 and 2027)
Figure 16. Process Industry: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Discrete Industry: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Europe Industrial Annunciator Market Revenue Share, by Region (2019 and 2027)
Figure 19. Europe: Industrial Annunciator Market - Revenue and Forecast to 2027 (US$ Million)
Figure 20. Europe: Industrial Annunciator Market Revenue Share, by Type (2019 and 2027)
Figure 21. Europe: Industrial Annunciator Market Revenue Share, by End-user (2019 and 2027)
Figure 22. Europe: Industrial Annunciator Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. UK: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Germany: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 25. France: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Italy: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Russia: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Rest of Europe: Industrial Annunciator Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in Europe Country Markets
The List of Companies - Europe Industrial Annunciator Market
1. ABB Ltd
2. AMETEK Inc
3. Eaton Corporation plc
4. Ronan Engineering Company
5. Dwyer Instruments, Inc
6. NOTIFIER
7. Schweitzer Engineering Laboratories, Inc.
8. Apex Automation Solutions
9. Omniflex