Baby Monitors Market: Snapshot
The global baby
monitors market has gained from the changing lifestyles and
work schedules of the masses. As parents become increasingly reliant on digital
technologies for maintaining their work-life balance, baby monitors shall gain
popularity. Corporate responsibilities and stringent work schedules have
compelled people to install baby monitors in houses. Furthermore, the world
health organization (WHO) has emphasized on the use of new-age technologies for
preventing mishaps and undulated casualties. Hence, the global baby monitor
market is slated to grow at a stellar pace in the years to follow.
The ATSM International F2951 Standard has outlined key
guidelines for manufacturing baby monitors. The demand for safer and resilient
baby monitors has played an integral role in defining the growth dynamics of
the market. Cases of strangulation due to entanglement in the cords of baby
monitors has shifted focus on wireless baby monitors. Hence, manufacturers of
baby monitors are required to follow improved safety procedures across the
scope of their operations. The market players are focusing on catering to the
needs of parents requiring full-time updates about their kids.
Major Key Players of
the Baby Monitors Market are:
Sony Corporation, Angelcare Monitors Inc., LOREX Technology Inc., Dorel
Industries Inc., Summer Infant Inc., and VTech Holdings Ltd.
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Monitors Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5156
Smart phones has emerged as an important technological
upgrade. Moreover, new apps for baby monitors have also paved way for growth
within the global market. The popularity of digital technologies across the
residential sector has generated increased demand within the global baby
monitors market. Furthermore, day-care facilities also use baby monitors to
assure parents about the integrity and safety of their services.
Transparency Market Research (TMR) finds that the global
baby monitors market shall expand at a steady CAGR of 4.4% over the period
between 2016 and 2024. Furthermore, the total value of the global baby monitors
market shall touch US$ 1,291.8 mn by 2024, rising from a value of US$876.8 mn
in 2015. Video-enabled baby monitors are expected to outdo the demand for
audio-only baby monitors.
The global baby monitors market is segmented by:
Geography
- North
America
- Europe
- Asia
Pacific
- Rest
of the World (RoW)
Product Type
- Audio
Baby Monitor
- Fixed
Video Baby Monitor
- Pan&
Tilt Baby Monitors
Research objectives:-
– To study and analyze the global Baby Monitors consumption
(value & volume) by key regions/countries, product type and application,
history data.
– To understand the structure of the Baby Monitors market by
identifying its various sub-segments.
– Focuses on the key global Baby Monitors manufacturers, to
define, describe and analyze the sales volume, value, market share, market
competitive landscape, SWOT analysis, and development plans in the next few
years.
– To analyze the Baby Monitors with respect to individual
growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
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