Alarm, Horn & Traffic Control Equipment Manufacturing in the US - Industry Market Research Report
Description
Alarm, Horn & Traffic Control Equipment Manufacturing in the US
Alarm, horn and traffic control equipment manufacturers meet an essential but often overlooked need across industries. As the world has gotten safer over the years thanks to extensive policies to prevent catastrophes, a key component of this is the alarm system, alerting people to any potential danger. So, alarms, horns and traffic control equipment are used across various industries. The pandemic brought most industries to a screeching halt, dragging down alarm manufacturers and shrinking profit. The swell of commodity prices as supply lagged in the wake of pandemic-related restrictions facilitated increased investment in industrial machinery, providing a bright spot for manufacturers even as alarm manufacturers' other key customers, auto and construction-related industries, still struggled. Altogether, industry revenue has been falling at a CAGR of 1.8% to $4.5 billion over the past five years, including a forecasted drop of 0.9% in 2023 alone.
This industry manufactures communications equipment including alarm systems, hazard detection systems, traffic signals, sirens and intercom systems. This industry excludes telephone apparatuses, radio and TV broadcast equipment and wireless communications equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Alarm, horn and traffic control equipment manufacturers meet an essential but often overlooked need across industries. As the world has gotten safer over the years thanks to extensive policies to prevent catastrophes, a key component of this is the alarm system, alerting people to any potential danger. So, alarms, horns and traffic control equipment are used across various industries. The pandemic brought most industries to a screeching halt, dragging down alarm manufacturers and shrinking profit. The swell of commodity prices as supply lagged in the wake of pandemic-related restrictions facilitated increased investment in industrial machinery, providing a bright spot for manufacturers even as alarm manufacturers' other key customers, auto and construction-related industries, still struggled. Altogether, industry revenue has been falling at a CAGR of 1.8% to $4.5 billion over the past five years, including a forecasted drop of 0.9% in 2023 alone.
This industry manufactures communications equipment including alarm systems, hazard detection systems, traffic signals, sirens and intercom systems. This industry excludes telephone apparatuses, radio and TV broadcast equipment and wireless communications equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
47 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
