Asia Pacific Industrial Annunciator Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Conventional Annunciators and Dedicated Annunciators), End user (Process Industry, and Discrete Industry), and Country
Market Introduction
The industrial annunciators have gained prominence over the years and are foreseen to continue surge in numbers and revenues.APAC is anticipated to be the fastest-growing region in the industrial annunciators market. The region consists of several developing countries such as China, India, Japan, Taiwan, and South Korea, which are experiencing substantial growth in the number of industries (both process and discrete).The historical trends, current inclinations, and future outlook of the market players, as well as end users, facilitated the analysis of the industrial annunciators market.
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Market Overview and Dynamics
The AsiaPacificindustrial annunciator market is expected to reach US$684.32millionby 2027 from US$452.40million in 2019, at a CAGR of 5.4% from 2020 to 2027.Use of industrial annunciator for plant safety is the major factor driving the growth of the industrial annunciators market. Moreover, the implementation of an effective human-machine interface (HMI) in plants has resulted in an increased necessity for the safety,which in turn is boosting the growth of the industrial annunciators market.
Key Market Segments
In terms of type, the conventional annunciator segment accounted for the larger share of the AsiaPacificindustrial annunciator market in 2019. In terms of enduser, the large discrete industry segment held a larger market share of theindustrial annunciatormarket in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred for preparing this report on the industrial annunciator market in AsiaPacificare company websites, annual reports, financial reports, national government documents, statistical database, and among others. ABB Ltd, AMETEK Inc, Eaton Corporation plc, Dwyer Instruments, Inc, and NOTIFIERare the major companies listed in the report.
Reasons to buy report
- To understand the AsiaPacificindustrial annunciator marketlandscape and identifymarket segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for AsiaPacificindustrial annunciator market
- Efficiently plan M&A and partnership dealsin industrial annunciatormarket by identifying market segments with the most promising probable sales
- Helps to takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form AsiaPacificindustrial annunciator market
- Obtain market revenue forecast for market by various segments from 2020 to 2027 inAsiaPacificregion
Asia-Pacific Industrial Annunciator Market Segmentation
By Type
- Conventional Annunciators
- Dedicated Annunciators
By Enduser
- Process Industry
- Discrete Industry
By Country
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Company Profiles
- ABB Ltd
- AMETEK Inc
- Eaton Corporation plc
- Dwyer Instruments, Inc
- NOTIFIER
- Schweitzer Engineering Laboratories, Inc.
- Apex Automation Solutions
- Omniflex
1. Introduction
1.1 Study Scope
1.2 The Insight Partners 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 Asia-Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Industrial Annunciator Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Use of Industrial Annunciator for Plant Safety
5.1.2 The Implementation of an Effective Human-Machine Interface (HMI) in Plants has Resulted in an Increased Necessity for Safety
5.2 Market Restraints
5.2.1 Choosing SCADA as an Alternative to the Annunciator System as they offer More Benefits
5.3 Market Opportunities
5.3.1 Increasing Adoption of Noise Immunity Annunciators to reduce the false alarms caused by a huge amount of noise generated in industries
5.4 Future Trends
5.4.1 Increase in popularity of IIoT and connected industrial components and Systems
5.5 Impact Analysis of Drivers and Restraints
6. Industrial Annunciator – Asia-Pacific Market Analysis
6.1 Industrial Annunciator Market Overview
6.2 Market Positioning – Asia-Pacific 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 APAC: Industrial Annunciator Market
9.2.1 APAC: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.2 APAC: Industrial Annunciator Market, by Type
9.2.3 APAC: Industrial Annunciator Market, by End-user
9.2.4 APAC: Industrial Annunciator Market, by Key Country
9.2.4.1 China: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.4.1.1 China: Industrial Annunciator Market, by Type
9.2.4.1.2 China: Industrial Annunciator Market, by End-user
9.2.4.2 Japan: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.4.2.1 Japan: Industrial Annunciator Market, by Type
9.2.4.2.2 Japan: Industrial Annunciator Market, by End-user
9.2.4.3 India: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.4.3.1 India: Industrial Annunciator Market, by Type
9.2.4.3.2 India: Industrial Annunciator Market, by End-user
9.2.4.4 Australia: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.4.4.1 Australia: Industrial Annunciator Market, by Type
9.2.4.4.2 Australia: Industrial Annunciator Market, by End-user
9.2.4.5 South Korea: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.4.5.1 South Korea: Industrial Annunciator Market, by Type
9.2.4.5.2 South Korea: Industrial Annunciator Market, by End-user
9.2.4.6 Rest of APAC: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
9.2.4.6.1 Rest of APAC: Industrial Annunciator Market, by Type
9.2.4.6.2 Rest of APAC: Industrial Annunciator Market, by End-user
10. Impact of COVID-19 Pandemic on Asia-Pacific Industrial Annunciator Market
10.1 Overview
10.1.1 Asia-Pacific: 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 Dwyer Instruments, Inc.
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 NOTIFIER
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 Schweitzer Engineering Laboratories, Inc.
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 Apex Automation Solutions
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 Omniflex
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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. APAC: Industrial Annunciator Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. APAC: Industrial Annunciator Market, by End-user – Revenue and Forecast to 2027 (US$ Million)
Table 4. China: Industrial Annunciator Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. China: Industrial Annunciator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)
Table 6. Japan: Industrial Annunciator Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Japan: Industrial Annunciator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)
Table 8. India: Industrial Annunciator Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. India: Industrial Annunciator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)
Table 10. Australia: Industrial Annunciator Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. Australia: Industrial Annunciator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)
Table 12. South Korea: Industrial Annunciator Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. South Korea: Industrial Annunciator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of APAC: Industrial Annunciator Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of APAC: 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. Asia-Pacific Industrial Annunciator Market Overview
Figure 4. Asia-Pacific Industrial Annunciator Market – Country Analysis
Figure 5. Asia-Pacific Industrial Annunciator Market – Type Analysis
Figure 6. Asia-Pacific Industrial Annunciator Market – End-user Analysis
Figure 7. Asia-Pacific: 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. Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 12. Asia-Pacific: Industrial Annunciator Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Industrial Annunciator Market Revenue Share, by Type (2019 and 2027)
Figure 14. Conventional Annunciators: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Dedicated Annunciators: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Industrial Annunciator Market Revenue Share, by End-user (2019 and 2027)
Figure 17. Process Industry: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Discrete Industry: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Asia-Pacific Industrial Annunciator Market Revenue Share, by Region (2019 and 2027)
Figure 20. APAC: Industrial Annunciator Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. APAC: Industrial Annunciator Market Revenue Share, by Type (2019 and 2027)
Figure 22. APAC: Industrial Annunciator Market Revenue Share, by End-user (2019 and 2027)
Figure 23. APAC: Industrial Annunciator Market Revenue Share, by Key Country (2019 and 2027)
Figure 24. China: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Japan: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. India: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Australia: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. South Korea: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Rest of APAC: Industrial Annunciator Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets
The List of Companies - Asia Pacific Industrial Annunciator Market
- ABB Ltd
- AMETEK Inc
- Eaton Corporation plc
- Dwyer Instruments, Inc
- NOTIFIER
- Schweitzer Engineering Laboratories, Inc.
- Apex Automation Solutions
- Omniflex
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacificindustrial annunciatormarket.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific industrial annunciatormarket, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia-Pacificmarket trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.