About Door Chimes
Door chimes are also called doorbells A doorbell is a signaling device typically placed near a door to a building's entrance. When a visitor presses a button, the bell rings inside the building, alerting the occupant to the presence of the visitor. While the first doorbells were mechanical, activated by pulling a cord connected to a bell, modern doorbells are electric, operated by a pushbutton switch. Modern doorbells often incorporate intercoms and miniature video cameras to increase security
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Panasonic Corporation (Japan), SkyBell Technologies Inc (United States), Shenzhen VStarcam Technology Co. Ltd (China), Ring Inc (United States), dbell Inc (United States), August Inc (United States), Chui (United States), Legrand (France), Danke (XIAMEN) Intelligent Technology Co. Ltd. (China) and SkyBell Technologies Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Smartwares Group (Netherland), Arlo Technologies Inc (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Door Chimes market by Type (Wired Doorbell and Wireless Doorbell), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Door Chimes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Door Chimes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Awareness About Safety Concerns and Growth in Sales Across Online Platforms
Market Growth Drivers:
Increasing Adoption of Smart Devices and Rising Disposable Income
Challenges:
Fierce Competitive Pressure
Restraints:
High-Cost Expenses
Opportunities:
Identifying the Growing Demands and New Technology and Increasing Demand Across Emerging Regions
Market Leaders and their expansionary development strategies
In November 2021, Globe Electric Company, a Montreal-based company specializing in the design, development and manufacturing of consumer lighting and electrical products, announced that it has acquired HeathCo, a supplier of security lighting and door chimes, with a large portfolio of patented technologies and products.
In April 2021 Electronix, a Hero Group company, launched a Qubo Smart Wi-Fi Video Doorbell - a smart and new-age product that will always keep connected to front door from anywhere, anytime.
Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.