The Signaling Devices market accounted for US$ 1520.0 million in 2016 and is expected to grow during the forecast period 2017 – 2025, to account for US$ 2675.3 million in 2025. In myriad industries, the processing, manufacturing, transportation or storage of inflammable objects may result in the release of gases, mists or vapors into the environment. This may also lead to creation of combustible dust. An explosive atmosphere may be fermented due to aggregation of oxygen in the air, resulting into an explosion if ignited. Such incidents are only possible in particular category of industries like, the transport of natural gas and crude oil, milling, mining, chemical industry and numerous other branches of industry, which can result in severe injury or damage to equipment or any individual. Thus, these industries that are highly vulnerable to harsh situation deploy range of signaling devices in order to avoid any damage. 
Technological advancements of signaling devices is the prime trend for signaling devices market. Upsurge in urbanization, government attention on enhancing industrial safety by implying safety rules & regulations and rising demand for safety equipment are the major driver, propelling the growth of global signaling devices market. Whereas, high installation-cost and deficiency of skilled professionals are few of the factors hindering the growth of this market. Several industries such as warehouse, manufacturing, mining and marine use machinery that are dangerous to operate and can be unsafe if not handled correctly. The safety of the workers is always a priority in all industries. This demand for safety resulted in development of a range of products identified as signaling devices. These devices are competent of sensing errors or faults and sending warning signals to evade or decrease the chances of accident. These devices have proven to be suitable in mitigating the expected accidents and detection of malfunctions in smooth running of the manufacturing or production processes.

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North America is one of the prominent regions in signaling devices market which will contribute highest revenue globally due to growing automation in manufacturing plants and petrochemical units require integrated operating and monitoring systems for harsh and hazardous locations. Rapidly growing economies in Asia-Pacific (APAC) which includes countries such as Japan and South Korea are two of the booming electronic device market, further fueling the growth of signaling devices market in APAC. Some of the major player in this market include ABB Ltd., Eaton Corporation PLC (Cooper Industries), Emerson Electric, Honeywell International Inc., L-3 Communication Holding, Inc., R.STAHL Inc., Rockwell Automation, Siemens AG, Thales Group, and Werma Signaltechnik GmbH + Co. KG among others.

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