Product Code: ETC270748 | Publication Date: Aug 2023 | Updated Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Indonesia Signaling Devices Market registered a growth of 80.79% in value shipments in 2021 as compared to 2020 and a decrease of -14.54% CAGR in 2021 over a period of 2017. In Signaling Devices Market Indonesia is becoming more competitive as the HHI index in 2021 was 2400 while in 2017 it was 3207. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Indonesia has reportedly relied more on imports to meet its growing demand in Signaling Devices Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Signaling Devices Market in 2021 was 1.67 while in 2017 it was 3.16. Thailand, China, Japan, Malaysia and India were among the top players of the market in 2021, where Thailand acquired the largest market share of 37.96% with a shipment value of 64.08 million USD in 2022 Thailand also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 51.34% with the shipment value of 105.24 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
The signaling devices market in Indonesia is estimated to be worth USD 15 million in 2020 with an expected CAGR of 4. 1% during the estimated timeframe owing to growing investments towards public safety infrastructure along with increasing adoption of smart technologies such as IoT and AI enabled solutions that enable efficient communication among emergency services personnel as well as citizens. Government initiatives such as the maritime sector development plan by Ministry of Maritime Affairs & Fisheries helps facilitate integrated security measures through modernized signaling systems thereby driving demand for signalling devices from industries like military & defence, transportation & logistics etc. , Further advances such as advent of Bluetooth low energy beacon technology enables ubiquitous location tracking services across various industrial sectors leading to a surge in its adoption resulting into a positive outlook on overall signalling devices industry over forecast period.
The Indonesia signaling devices market is being driven by the growth in industrialization and urbanization. Signaling devices are crucial for safety and emergency situations in industrial settings, contributing to the market`s growth.
The Indonesia Signaling Devices market encounters challenges in meeting the increasing demand for advanced signaling solutions across diverse industries. Manufacturers must focus on developing signaling devices that are highly visible, audible, and reliable in various environmental conditions. Additionally, adherence to international safety standards and certifications becomes crucial, especially in sectors such as transportation, where signaling devices play a critical role in ensuring public safety.
Market demand for signaling devices may have been influenced by shifts in industrial operations and construction projects. Economic uncertainties could have led to delayed investments in infrastructure.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Signaling Devices Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Signaling Devices Market Revenues & Volume, 2021 & 2028F |
3.3 Indonesia Signaling Devices Market - Industry Life Cycle |
3.4 Indonesia Signaling Devices Market - Porter's Five Forces |
3.5 Indonesia Signaling Devices Market Revenues & Volume Share, By Product, 2021 & 2028F |
3.6 Indonesia Signaling Devices Market Revenues & Volume Share, By Connectivity Service, 2021 & 2028F |
3.7 Indonesia Signaling Devices Market Revenues & Volume Share, By Industry, 2021 & 2028F |
4 Indonesia Signaling Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Signaling Devices Market Trends |
6 Indonesia Signaling Devices Market, By Types |
6.1 Indonesia Signaling Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Signaling Devices Market Revenues & Volume, By Product, 2018 - 2028F |
6.1.3 Indonesia Signaling Devices Market Revenues & Volume, By Strobe Beacons, 2018 - 2028F |
6.1.4 Indonesia Signaling Devices Market Revenues & Volume, By Lighting, 2018 - 2028F |
6.1.5 Indonesia Signaling Devices Market Revenues & Volume, By Bells and Horns, 2018 - 2028F |
6.1.6 Indonesia Signaling Devices Market Revenues & Volume, By Fire Alarms/Call Points, 2018 - 2028F |
6.1.7 Indonesia Signaling Devices Market Revenues & Volume, By Speakers and Tone Generators, 2018 - 2028F |
6.1.8 Indonesia Signaling Devices Market Revenues & Volume, By Visual and Audible Combination Units, 2018 - 2028F |
6.1.9 Indonesia Signaling Devices Market Revenues & Volume, By Intercoms, 2018 - 2028F |
6.1.10 Indonesia Signaling Devices Market Revenues & Volume, By Intercoms, 2018 - 2028F |
6.2 Indonesia Signaling Devices Market, By Connectivity Service |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Signaling Devices Market Revenues & Volume, By Wired, 2018 - 2028F |
6.2.3 Indonesia Signaling Devices Market Revenues & Volume, By Wireless, 2018 - 2028F |
6.3 Indonesia Signaling Devices Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Signaling Devices Market Revenues & Volume, By Oil and Gas, 2018 - 2028F |
6.3.3 Indonesia Signaling Devices Market Revenues & Volume, By Chemical and Pharmaceutical, 2018 - 2028F |
6.3.4 Indonesia Signaling Devices Market Revenues & Volume, By Food and Beverages, 2018 - 2028F |
6.3.5 Indonesia Signaling Devices Market Revenues & Volume, By Energy and Power, 2018 - 2028F |
6.3.6 Indonesia Signaling Devices Market Revenues & Volume, By Mining, 2018 - 2028F |
6.3.7 Indonesia Signaling Devices Market Revenues & Volume, By Others, 2018 - 2028F |
7 Indonesia Signaling Devices Market Import-Export Trade Statistics |
7.1 Indonesia Signaling Devices Market Export to Major Countries |
7.2 Indonesia Signaling Devices Market Imports from Major Countries |
8 Indonesia Signaling Devices Market Key Performance Indicators |
9 Indonesia Signaling Devices Market - Opportunity Assessment |
9.1 Indonesia Signaling Devices Market Opportunity Assessment, By Product, 2021 & 2028F |
9.2 Indonesia Signaling Devices Market Opportunity Assessment, By Connectivity Service, 2021 & 2028F |
9.3 Indonesia Signaling Devices Market Opportunity Assessment, By Industry, 2021 & 2028F |
10 Indonesia Signaling Devices Market - Competitive Landscape |
10.1 Indonesia Signaling Devices Market Revenue Share, By Companies, 2021 |
10.2 Indonesia Signaling Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |