About Electric Buzzer
The electric buzzer is a type of buzzer that is an audio signaling device that works through electric circuits. It is widely used in alarm devices, timers, and confirmation of user input such as a mouse click or keystroke. It takes digital or analog signals when downtime, fault, or any emergency arises. In today’s time, electric buzzers are highly adopted in vehicles to alert drivers about any fault.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Electric Buzzer market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TDK Corporation (Japan), Kingstate Electronics (Taiwan), CUI Devices (United States), Murata Manufacturing (Japan), Sonitron (Belgium), Huayu Electronics (China), Hunston Electronics (Hong Kong), Ariose Electronics Co., Ltd. (Taiwan), Soberton, Inc. (United States) and Ningbo Kepo Electronics (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are DB Products (Germany), PUI Audio (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Electric Buzzer market by Type (Active and Passive), Application (Alarm Devices, Timers, Warning Devices, Keystroke and Others) and Region.
On the basis of geography, the market of Electric Buzzer 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 Size, the sub-segment i.e. Small will boost the Electric Buzzer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Residential & Commercial Buildings will boost the Electric Buzzer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Trend of Miniature Size and Thin Buzzers with High Resonant Frequency
Market Growth Drivers:
Increasing Adoption of Machinery and RPA in Various Industries is the Major Growth Driver and Growing Demand of Electric Buzzers as It Produces Pleasant Sounds and Analog Sound That Not Easily Covered By Noise
Challenges:
Availability of Other types of Buzzers like Magnetic Buzzers, Mechanical Buzzers, etc. in the Market
Restraints:
Sometimes Due to Malfunctioning, It Gives Wrong Signals Which Creates Hurdles
Opportunities:
High Adoption of Piezo Buzzer in Household Appliances and Vehicles
Market Leaders and their expansionary development strategies
In February 2022, Murata Electronics North America, Inc., the U.S. subsidiary of Murata Manufacturing Co., Ltd., has concluded the merger agreement with Resonant Inc. Resonant is a leading company in radio frequency (RF) filter design. The acquisition price amounts to approximately USD 300 million, considering purchase price of USD 4.5 per share of common stock.
In November 2023, TDK Corporation announced its latest compact noise suppression filters MAF1005FR series, measuring 1.0 mm (L) x 0.5 mm (W) x 0.5 mm (H). These multilayer chip components are designed to improve sound quality and reduce noise interference in the audio lines (sound lines) of smartphones and other devices such as tablets, wearables, and portable games.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Electric Buzzer Manufacturers, OEMs Suppliers and Manufacturers of Electric Buzzer, Suppliers and Distributors of Electric Buzzer, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users 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.