Press release
Global Modular Tower Lights Market 2017-2021: Significant Forecast, Trends And Opportunity
About Modular Tower Lights Market
Modular tower lights are a part of monitoring and control products under machinery safety systems. Modular tower lights are mainly used to indicate the status of each machine or process, and thus help supervisors and workers to understand whether it is safe to continue with their work or in the case of any issue, make the required changes. Most manufacturing facilities are large, and it becomes difficult to check the readings of each machinery individually. Hence, modular tower lights can be placed and programmed to indicate the status as per the end-user's requirements. Modular tower lights also incorporate alarm systems to alert the operator in case of any changes in the process line. These are used where an audible indication is required and in places where any immediate action needs to be taken.
Technavios analysts forecast the global modular tower lights market to grow at a CAGR of 1.74% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global modular tower lights market for 2017-2021. To calculate the market size, the report considers the new installations, sales, and retrofit market.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Modular Tower Lights 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
Autonics
Banner Engineering
PATLITE
Schneider Electric
WERMA Signaltechnik
Other prominent vendors
Domo
Edwards Signaling
Fandis
Federal Signal
Mechtric Electrical & Mechanical Engineering Products
Murrelektronik
Qlight
Schmersal
Turck Banner
Market driver
Availability of customization options for products
For a full, detailed list, view our report
Market challenge
Rapid changes in technology leading to higher cost of production
For a full, detailed list, view our report
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Market trend
Rugged and explosion-proof modular tower lights
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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 our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
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
Market size and forecast
Five forces analysis
PART 06: Market segmentation by light source
Global modular tower lights market by light source
Global LED modular tower lights market
Global conventional modular tower lights market
PART 07: Market segmentation by product
Global modular tower lights market by product type
Global modular tower lights market by without alarm products
Global modular tower lights market by alarm-enabled products
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PART 08: Market segmentation by end-user
Global modular tower lights market by end-user
Global modular tower lights market in discrete industries
Global modular tower lights market in process industries
PART 09: Geographical segmentation
Global modular tower lights market by geography
Modular tower lights market in APAC
Modular tower lights market in EMEA
Modular tower lights market in Americas
PART 10: Decision framework
PART 11: Drivers and challenges
Market drivers
Market challenges
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