Global Marine Signaling Devices Market 2017-2021




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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.

Technavios 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:

Technavio's 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
Greatland Laser
Orion Safety Products
Weems & Plath
Other prominent vendors
ACR Electronics
Falcon Safety Products
Hella Marine
Kahlenberg Industries
NRS Solutions
Ocean Signal
Rockwell Automation
Schmitt & Ongaro
Market driver
Increase in demand for naval vessels
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Market challenge
Collapse of shipbuilding industry in China
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Market trend
Increase in participation in water-based sports
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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?

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