What is Personal Alarm Market?
A personal alarm is a small hand-held device which produces loud siren and is used to attract attention of nearby people. The device is used as a self defense and available with additional features such as LED lighting and GPS tracker. Also, it sound may scare or surprise assailant. Some of the personal alarms have sound decibel level till 130, however, volume depends on the models one opt for.
The market study is being classified by Type (Active Alarm and Passive Alarm), by Application (Adults and Children) and major geographies with country level break-up.
Sabre Corporation [United States], Mace Security International [United States], J N E Security Ltd [United Kingdom], General Electric [United States], Doberman Security [United States] and Bay Alarm Medical [United States] are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Benestock Company [China], Shenzhen Chitongda Electronic Co. Ltd [China], Richforth Electronics Company [China], Shenzhen Shunguangde Technology Co., Ltd. [China], Venture Global Limited [Hong Kong] and SZM TAIWAN CO., LTD [Taiwan].
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Personal Alarm market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Personal Alarm market by Type, Application and Region.
On the basis of geography, the market of Personal Alarm 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Awareness About Personal Safety and Security
- Ability to Provide Cost-effective Personal Safety Solution
Market Trend
- User-friendly Design for Individuals of All Ages
- Growing Use of Small Size and Wearable Alarm
Restraints
- Availability of Alternative Safety Devices Such as Smart Watch
- Lack of Awareness About It in Emerging Countries
Opportunities
- Growing Awareness About Personal Safety Devices in Emerging Countries
- Technical Innovation in Product Design
Challenges
- Growing Dominance of Local Manufacturers
- Manufacturing Durable and Long Lasting Personal Alarm Devices
Key Target Audience
Semiconductor and Electronic Component Providers, Connectivity Providers, Research Organizations, Technology Investors, Technology Standard Organizations, Alliances, and Associations, Potential Investors and Others