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Press release content from Business Wire. The AP news staff was not involved in its creation. Global Strobe Beacons Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com April 21, 2021 GMT Amid the COVID-19 crisis, the global market for Strobe Beacons estimated at US$510.7 Million in the year 2020, is projected to reach a revised size of US$706.8 Million by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Oil & Gas, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$300.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Chemical & Pharmaceutical segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

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