Alarm, Horn & Traffic Control Equipment Manufacturing in the US - Industry Market Research Report

Alarm, Horn & Traffic Control Equipment Manufacturing in the US - Industry Market Research Report

Alarm, Horn & Traffic Control Equipment Manufacturing in the US

Weakening demand from downstream markets has led to poor performance in the Alarm, Horn and Traffic Control Equipment Manufacturing industry over the five years to 2019. Demand for industry products, which are often installed in construction or manufacturing processes, has fallen due to increased competition from similar products made outside the United States. Growing infrastructure spending and investment in manufacturing structures are expected to be mitigated by high import penetration. The industry is expected to reverse its decline over the five years to 2024, as a rebound in demand from oil and gas extraction and investment in manufacturing structures drive industry growth. Furthermore, external trends, such as sustained growth in the number of motor vehicle registrations, which require horns and traffic control equipment to be driven safely, will likely contribute to the industry's strong rebound.

This industry manufactures communications equipment including alarm systems, hazard detection systems, traffic signals, sirens and intercom systems. This industry excludes telephone apparatuses, radio and TV broadcast equipment and wireless communications equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.