Global Marine Signaling Devices Market 2017-2021

  • ID: 4316468
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • ACR Electronics
  • Falcon Safety Products
  • Greatland Laser
  • KAMA INDUSTRIES
  • Ocean Signal
  • Perko
  • MORE
About Marine Signaling Devices

A marine signaling device is an equipment used as a means of communication and navigation tool on the sea. All sea-going vessels are expected to carry a minimum number of marine signaling devices in accordance with the regulatory bodies. There are two types of marines signaling devices, namely visual and audible signaling devices. Visual devices are further categorized based on the use of fireworks, into pyrotechnic and non-pyrotechnic visual signaling devices.

The analysts forecast the global marine signaling devices market to grow at a CAGR of 3.67% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine signaling devices market for 2017-2021. To calculate the market size, the report considers the demand for marine signaling devices.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Marine Signaling Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Drew Marine Signal & Safety
  • E2S
  • Greatland Laser
  • Orion Safety Products
  • Weems & Plath
Other prominent vendors
  • ACR Electronics
  • Echomax
  • Falcon Safety Products
  • Forespar
  • Glamox
  • Hella Marine
  • Kahlenberg Industries
  • KAMA INDUSTRIES
  • Marinco
  • NRS Solutions
  • Ocean Signal
  • Osculati
  • Perko
  • Pfannenberg
  • Plastimo
  • Rockwell Automation
  • Schmitt & Ongaro
  • Spinlock
Market drivers
  • Increase in demand for naval vessels
  • For a full, detailed list, view the full report
Market challenges
  • Collapse of shipbuilding industry in China
  • For a full, detailed list, view the full report
Market trends
  • Increase in participation in water-based sports
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ACR Electronics
  • Falcon Safety Products
  • Greatland Laser
  • KAMA INDUSTRIES
  • Ocean Signal
  • Perko
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by product
  • Global marine signaling devices market by product
  • Global visual marine signaling devices market
  • Global audible marine signaling devices market
PART 07: Geographical segmentation
  • Overview
  • APAC
  • EMEA
  • Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increase in participation in water-based sports
  • Use of GPS systems
  • Growth in adoption of LED signaling devices
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Drew Marine Signal & Safety
  • E2S
  • Greatland Laser
  • Orion Safety Products
  • Weems & Plath
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Regulatory bodies governing marine signaling devices
Exhibit 02: Commonly used marine signaling devices
Exhibit 03: Global marine signaling devices market: Overview 2016
Exhibit 04: Global marine signaling devices market by product segment: 2016-2021
Exhibit 05: Global marine signaling devices market by geography 2016-2021
Exhibit 06: Global marine signaling devices market
Exhibit 07: Global marine signaling devices market 2016-2021 ($ millions)
Exhibit 08: Five forces analysis
Exhibit 09: Global marine signaling devices market by product 2016 and 2021
Exhibit 10: Global visual marine signaling devices market 2016-2021 ($ millions)
Exhibit 11: Types of pyrotechnic marine signaling devices and their applications
Exhibit 12: Global audible marine signaling devices market 2016-2021 ($ millions)
Exhibit 13: Audible marine signaling devices and their application
Exhibit 14: Types of audible signals and their alarms signals
Exhibit 15: Global marine signaling devices market by geography: 2016-2021
Exhibit 16: Global marine signaling devices market by geography trend chart 2016-2021 ($ millions)
Exhibit 17: Marine signaling devices market in APAC 2016-2021 ($ millions)
Exhibit 18: Number of vessels by countries in APAC 2016
Exhibit 19: Marine signaling devices market in EMEA 2016-2021 ($ millions)
Exhibit 20: Severity of casualties in ships 2011-2015 (%)
Exhibit 21: Marine signaling devices market in Americas 2016-2021 ($ millions)
Exhibit 22: Marine accidents and casualties in Americas 2011-2015 (in hundreds)
Exhibit 23: Global ocean cruise travelers 2012-2017 (in millions)
Exhibit 24: SOLAS chapters concerned with marine signaling devices
Exhibit 25: Pyrotechnic requirements as per SOLAS.
Exhibit 26: US Coast Guard-approved regulations for signaling devices
Exhibit 27: Signaling devices and their application
Exhibit 28: Share of scuba divers and snorkeler in US and Rest of the World 2016 (%)
Exhibit 29: Geographical presence of key vendors
Exhibit 30: Other prominent vendors
Exhibit 31: Drew Marine Signal & Safety: Products offered
Exhibit 32: E2S: Products offered
Exhibit 33: Greatland Laser: Products offered
Exhibit 34: Orion Safety Products: Products offered
Exhibit 35: Weems & Plath: Products offered
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • ACR Electronics
  • Falcon Safety Products
  • Greatland Laser
  • KAMA INDUSTRIES
  • Ocean Signal
  • Perko
  • MORE
New Report Released: - Global Marine Signaling Devices Market 2017-2021

The author of the report recognizes the following companies as the key players in the global marine signaling devices market: Drew Marine Signal & Safety, E2S, Greatland Laser, Orion Safety Products, and Weems & Plath.

Other Prominent Vendors in the market are: ACR Electronics, Echomax, Falcon Safety Products, Forespar, Glamox, Hella Marine, Kahlenberg Industries, KAMA INDUSTRIES, Marinco, NRS Solutions, Ocean Signal, Osculati, Perko, Pfannenberg, Plastimo, Rockwell Automation, Schmitt & Ongaro, and Spinlock.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increase in participation in water-based sports. The increase in participation in water-based sports is likely to contribute to the demand for marine signaling devices over the next few years. Recreational sea sports are a growing trend in many countries. For instance, the Great Barrier Reef in Australia is an attractive location for snorkeling and scuba diving, where the participants are taken to the middle of the ocean, away from the shore, and are allowed to dive into the water. However, instances of distress, where it is necessary to seek help, may arise during these activities. In these situations, marine signaling devices are used.”

According to the report, one of the major drivers for this market is increase in demand for naval vessels. At present, many nations are re-strategizing their defense postures based on the uncertainties in APAC, the Middle East, and Russia. As a result, an emerging trend is the new wave of defense globalization, which is driving many nations to focus on sea-based defense and maritime security surrounding the global trade as well as national economic resources. This will have a positive impact on the market, as an increase in the demand for naval vessels will lead to the increase in the use of safety measures such as marine signaling devices.

Further, the report states that one of the major factors hindering the growth of this market is collapse of shipbuilding industry in China. The global shipbuilding industry faced a rather sluggish period in 2016. The demand for new vessels declined by 85% in 2016 over the 2015 levels. The global shipping industry declined in 2016 owing to the instability in the Chinese economy and the plunge in commodity prices. The decline in China's economic growth rate since 2015 has affected freight providers. Further, the decline in oil prices since 2014 has affected marine operations in terms of imports and exports. This slowdown in the industry will have a negative impact on the demand for marine signaling devices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Drew Marine Signal & Safety
  • E2S
  • Greatland Laser
  • Orion Safety Products
  • Weems & Plath
  • ACR Electronics
  • Echomax
  • Falcon Safety Products
  • Forespar
  • Glamox
  • Hella Marine
  • Kahlenberg Industries
  • KAMA INDUSTRIES
  • Marinco
  • NRS Solutions
  • Ocean Signal
  • Osculati
  • Perko
  • Pfannenberg
  • Plastimo
  • Rockwell Automation
  • Schmitt & Ongaro
  • Spinlock
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll