Global Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size

In 2022, after three years of decline, there was significant growth in the global electrical signalling apparatus market, when its value increased by 10% to $X. The market value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Global consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production

In value terms, electrical signalling apparatus production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 44% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, global production growth failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports

In 2022, shipments abroad of electrical apparatus for sound or visual signalling increased by 7.4% to X units, rising for the fourth consecutive year after five years of decline. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 65%. The global exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, electrical signalling apparatus exports rose markedly to $X in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China dominates exports structure, accounting for X units, which was near 57% of total exports in 2022. It was distantly followed by Vietnam (X units), mixing up a 5.5% share of total exports. The following exporters - Germany (X units), France (X units), Mexico (X units), the Netherlands (X units), the United States (X units) and Thailand (X units) - together made up 17% of total exports.

From 2012 to 2022, average annual rates of growth with regard to electrical signalling apparatus exports from China stood at +27.0%. At the same time, Vietnam (+66.6%), the Netherlands (+7.7%), France (+7.4%), Mexico (+6.3%) and Germany (+5.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +66.6% from 2012-2022. By contrast, Thailand (-2.0%) and the United States (-10.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Vietnam increased by +45 and +5.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electrical signalling apparatus supplier worldwide, comprising 34% of global exports. The second position in the ranking was held by the United States ($X), with a 9.9% share of global exports. It was followed by Vietnam, with a 9.8% share.

In China, electrical signalling apparatus exports increased at an average annual rate of +18.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+1.9% per year) and Vietnam (+80.9% per year).

Export Prices by Country

The average electrical signalling apparatus export price stood at $X per unit in 2022, rising by 2.2% against the previous year. In general, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.0%), while the other global leaders experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports

In 2022, approx. X units of electrical apparatus for sound or visual signalling were imported worldwide; picking up by 7.8% against 2021. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. Over the period under review, global imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, electrical signalling apparatus imports soared to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.9% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X units), Germany (X units), the Netherlands (X units), France (X units), Thailand (X units), Japan (X units), the UK (X units), Sweden (X units), Slovakia (X units), Canada (X units), Italy (X units) and Mexico (X units) represented roughly 60% of total imports in 2022. South Korea (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of +38.0%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest electrical signalling apparatus importing markets worldwide were the United States ($X), Germany ($X) and France ($X), together accounting for 44% of global imports. The Netherlands, the UK, Thailand, Canada, Sweden, Japan, Italy, Mexico, South Korea and Slovakia lagged somewhat behind, together accounting for a further 29%.

The Netherlands, with a CAGR of +26.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical signalling apparatus import price stood at $X per unit in 2022, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 15%. Global import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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