Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Market Overview

Strobe beacon is a signaling device or a flashing electric lamp that has application in several industries such as oil and gas, food and beverages, energy and power, mining, and others, either to warn about possible hazards, or to attract potential customers. In addition, strobe beacons technology is widely adopted in various sectors such as retail, healthcare, travel & tourism, and education, owing to its benefits such high degree of accuracy about geo-location technology compared to other geo-location technology, and low impact on the device’s battery life. Strobe beacons are highly visible and allow for multiple configurations with up to 360° of lighting, to warn about potential hazards. Moreover, global rising demand for an LED lighting solution as an attention-getting device and warning of a possible hazard and due to stringent rules set by the government about the industrial safety work across the globe are expected to drive growth of the global strobe and beacons market over the forecast period. Thus, the prominent market players maintain the competitive edge in the global market by focusing on product offerings. For instance, Eaton MEDC offers a range of strobe beacons such as steady-state indicators and flashing and rotating units. These strobe beacons are used to warn about potential hazards, evacuation alerts, gas and oil leaks, and others.

The global strobe and beacons market was valued at US$ 1.58 Bn in 2018 and is expected to exhibit a CAGR of 5.64% during the forecast period (2019-2027)

Market Dynamics- Drivers

Growing demand for strobe beacon as an attention-getting device and warn of a possible hazard is expected to drive growth of the global strobe and beacons market during the forecast period     

Strobe beacon is a signaling device, which generate an alarm to indicate or warn end user and this alarm can be audible or visible depending upon the requirement, application and surrounding of the place where it is needed. These devices are connected with control panel installed at specific positions so that people can be aware of it and take corrective measures when needed. Strobe beacons are developed to minimize the losses during natural disasters such as, hurricanes, earthquake, volcano, and others, as they are used as a signaling device. These devices also plays an important role in traffic signaling, mining safety systems, fire alarms, earthquake warning system, and others, which is expected to increase demand of strobe beacon over the forecast period. Thus, rising demand for strobe beacon as an attention-getting device and warn of a possible hazard is expected to drive the global strobe and beacons market growth over the forecast period.

North America region held a dominant position in the global strobe and beacons market in 2018, followed by Europe and Asia Pacific.

Strobe and Beacons  | Coherent Market Insights

Source: Coherent Market Insights

Market Restraints

Lack of awareness about industrial work safety is expected to restrain growth of the global strobe and beacons market over the forecast period

The negligence about installation of warning systems and lack of awareness about the industrial work safety in many emerging economies is expected to hamper the growth of the global strobe and beacons market over the forecast period. For instance, according to the International Labor Organization (ILO), and United Nations Agency, in 2017, there were around 380,500 total global fatal industrial accidents, which is 8% increase from the previous year.

Market Opportunities

Growing demand for signaling audible and visual devices is expected to create lucrative growth opportunities for market players in global strobe and beacons market

Increasing demand for signaling audible and visual devices is attributed  to their multiple add-on features and advantages such as good portability, lower cost, and good for one-to-one communication. Moreover, these products are outpacing the traditional signaling device products such as LEDs, liquid crystal diode (LCD) lighting, and other less efficient products, which in turns, expected to create lucrative growth opportunities for market players in the global strobe and beacons market.

Strobe and Beacons  | Coherent Market Insights

Source: Coherent Market Insights

Key Takeaways –

  • North America is expected to account for the largest market share in global strobe and beacons market owing to presence of prominent market players in the region such as Honeywell International Inc., Tomar Electronics, and others.
  • Moreover, Europe is expected to witness significant growth in the market, owing to presence of large number of signaling device and product providers such as, Siemens, Auer Signal etc.

Global Strobe and Beacons Market - Segment Information

Among product type,  gas strobe beacons segment held a dominant position in global strobe and beacons market in 2018, followed by LED strobe beacons segment. Gas strobe beacons include Xenon flash lamp and halogen varieties. Gas strobe beacons consist of a gas-filled tube surrounded by a lens, and when electricity is applied to this device, the tube flashes, which is magnified by the lens, and a 360 degree light is emitted.

Strobe and Beacons  | Coherent Market Insights

Source: Coherent Market Insights

Competitive Section

Key companies operating in the global strobe and beacons market include PATLITE Corporation, WERMA Signaltechnik GmbH + Co. KG, Eaton Corporation PLC (Cooper Industries), Federal Signal, Rockwell Automation, Inc., Siemens, Schneider Electric, Potter Electric Signal Company, LLC, Honeywell International Inc., Tomar Electronics, ECCO SAFETY GROUP, Auer Signal, Pepperl+Fuchs AG, Mircom, and Emerson Electric Co. among others.

These key market players are focusing on collaboration to launch new products to meet the increasing needs and requirements of consumers.

Key Developments

  • Key companies in the market are focused on partnerships, in order to gain competitive edge in the market. For instance in June 2018, TOMAR Electronics and Carson Manufacturing entered into a partnership for developing audible sirens for emergency vehicles.
  • Key manufacturers are focused on product launch, in order to enhance their product portfolio. For instance, in January 2016, Dialight, an innovative global leader in LED lighting technology, launched Vigilant LED Dual Red/White Strobe with Infrared (IR) obstruction lighting system. The Dual IR flash head and systems are approved through Intertek to the FAA AC 150/5345-43G and Engineering Brief No. 67D standards, with the addition of the IR LEDs to the standard red night operation to enhance visibility and safety for pilots, including those who utilize night-vision goggles (NVGs).

A strobe light or stroboscopic lamp, commonly called a strobe is a device that produces regular flashes of light. Strobe lights usually use flashtubes with energy supplied from a capacitor. Beacons can be combined with semaphoric or other indicators to provide important information such as, the flight status, by the color and rotational pattern of its airport beacon. A strobe beacon is a flashing electric lamp used several industries as an attention-getting device, either to warn of possible hazards, or to attract potential customers. Strobe beacons are similar to rotating beacons but are more energy efficient and also more reliable & less fragile. Moreover, strobe beacons is adopted in various sectors such as retail, healthcare, travel & tourism, and education, owing to its benefits such high degree of accuracy as compared to other geo-location technology, and low impact on the device’s battery life.

Market Dynamics

Rising investments in proximity marketing and improved features of beacon such as safety & security, employee & asset monitoring, and others are expected to fuel growth of the global strobe and beacons market over the forecast period. Proximity marketing target potential customers with personalized advertisements based on the customer location to attract the customer for product purchase. Investments in proximity marketing is expected to fuel due to several factors such as improved customer relationship, high possibility of conversion of successful sales, enhanced personalized experience, real-time and inexpensive nature as compared to the traditional marketing. Thus, rising popularity of proximity marketing is expected to drive growth of the global strobes and beacon market over the forecast period. However, concerns related to privacy & security and usage of wireless signaling devices instead of strobe and beacons are the factors, which are expected to hamper the global strobe and beacons market growth during the forecast period.

Market Taxonomy

This report segments the global strobe and beacons market on the basis of product type, end-use industry, and region. On the basis of product type, the global strobe and beacons market is segmented into LED strobe beacons and gas strobe beacons. On the basis of end-use industry, the global strobe and beacons market is segmented into oil and gas, food and beverages, energy and power, mining, manufacturing/machine building, chemical and pharmaceutical, commercial and civil, and others, and on the basis of region, the global strobe and beacons market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global strobe and beacons market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global strobe and beacons market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the global strobe and beacons market includes, PATLITE Corporation, WERMA Signaltechnik GmbH + Co. KG, Eaton Corporation PLC (Cooper Industries), Federal Signal, Rockwell Automation, Inc., Siemens, Schneider Electric, Potter Electric Signal Company, LLC, Honeywell International Inc., Tomar Electronics, ECCO SAFETY GROUP, Auer Signal, Pepperl+Fuchs AG, Mircom, and Emerson Electric Co. among others. These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global strobe and beacons market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global strobe and beacons market

Detailed Segmentation:

  •  Global Strobe and Beacons Market, By Product Type:
    • LED Strobe Beacons
    • Gas Strobe Beacons
  •  Global Strobe and Beacons Market, By End-use Industry:
    • Oil and Gas
    • Food and Beverages
    • Energy and Power
    • Mining
    • Manufacturing/Machine Building
    • Chemical and Pharmaceutical
    • Commercial and Civil
    • Others
  • Global Strobe and Beacons Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles
    • PATLITE Corporation *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • WERMA Signaltechnik GmbH + Co. KG
    • Eaton Corporation PLC (Cooper Industries)
    • Federal Signal
    • Rockwell Automation, Inc.
    • Siemens
    • Schneider Electric
    • Potter Electric Signal Company, LLC
    • Honeywell International Inc.
    • Tomar Electronics
    • ECCO SAFETY GROUP
    • Auer Signal
    • Pepperl+Fuchs AG
    • Mircom
    • Emerson Electric Co

*Browse all the market data tables and figures on “Global Strobe and Beacons Market - Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By End-use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Strobe and Beacons Market, By Product Type, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • LED Strobe Beacons
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Gas Strobe Beacons
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  5. Global Strobe and Beacons Market, By End-use Industry, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Oil and Gas
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Food and Beverages
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Energy and Power
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Mining
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Manufacturing/Machine Building
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Chemical and Pharmaceutical
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Commercial and Civil
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  6. Global Strobe and Beacons Market, By Region, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Israel
        • GCC Countries
        • Rest of the Middle East
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country/Region, 2019 and 2027 (%)
        • South Africa
        • Central Africa
        • North Africa
  7. Competitive Landscape
    • Company Profiles
      • PATLITE Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • WERMA Signaltechnik GmbH + Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Eaton Corporation PLC (Cooper Industries)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Federal Signal
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Rockwell Automation, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Siemens
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Schneider Electric
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Potter Electric Signal Company, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Honeywell International Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tomar Electronics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ECCO SAFETY GROUP
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Auer Signal
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Pepperl+Fuchs AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mircom  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Emerson Electric Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on “Global Strobe and Beacons Market -forecast to 2027”.

Frequently Asked Questions

The global strobe and beacons market is estimated to exhibit a CAGR of 5.64% over the forecast period (2019-2027) .
Major players operating in the global strobe and beacons market include PATLITE Corporation, WERMA Signaltechnik GmbH + Co. KG, Eaton Corporation PLC (Cooper Industries), Federal Signal, Rockwell Automation, Inc., Siemens, Schneider Electric, Potter Electric Signal Company, LLC, Honeywell International Inc., Tomar Electronics, ECCO SAFETY GROUP, Auer Signal, Pepperl+Fuchs AG, Mircom, and Emerson Electric Co. among others.
Growing demand for strobe beacon, as an attention-getting device and warn of a possible hazard is one of the major factors that is expected to propel growth of the market over the forecast period.
Lack of awareness about industrial work safety is one of the major factors that is expected to hamper growth of the market.
Among product type, gas strobe beacons segment held a dominant position in the global strobe and beacons market in 2018 , followed by LED strobe beacons segment.
Among regions, North America held a dominant position in the global strobe and beacons market in 2018 , followed by Europe and Asia Pacific.
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