Baby Monitors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024
Deerfield Beach, FL -- (SBWIRE) -- 11/01/2017 -- Global Baby Monitors Market: Overview
Baby monitors are radio systems that are utilized to distantly listen to the sounds in the baby's room or made by the infant. They are popularly known as baby alarms. The audio monitor comprises a transmitter component that is outfitted with a microphone; it is placed near to the baby. This radio system transmits the sounds to a receiver component with the help of by radio waves. The receiver component having a speaker is carried by the caring person of the baby. Several baby monitors also provide with 2-way communication, allowing the caring person or the parent to speak to the baby.
Global Baby Monitors Market: Competitive Players
Some of the major players in the global baby monitors market are Samsung Electronics Co. Ltd., LOREX Technology Inc., VTech Holdings Ltd., Summer Infant Inc., Koninklijke Philips N.V., Dorel Industries Inc., Sony Corporation, and Angelcare Monitors Inc.
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Global Baby Monitors Market: Growth Factors
Working parents is the major factor boosting the global the global baby monitors market. This has also resulted in establishments of day care centers; these centers take care of babies/children in their parents' absence. As a result of this factor, a major boost is anticipated to be witnessed by the global baby monitors market as the increasing day care centers have highly adopted the baby monitors to look after infants and take care of them. Growing e-commerce platforms, as well as the availability of different options in the market, has propelled the global market growth considerably. Rising awareness of SIDS (Sudden Infant Death Syndrome) is another factor contributing the global market growth.
Global Baby Monitors Market: Segmentation
The global baby monitors market is segmented on the basis of type and region. Based on the type, the global market is categorized as audio baby monitors, pan and tilt baby monitors, and fixed video baby monitor. Of these, the fixed baby monitors segment is anticipated to dominate the global market in the near future. This is mainly due the benefits provided by fixed video baby monitors such as the real-time video and sound transmission, temperature sensing, heart rate monitoring, and talk back feature.
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Global Baby Monitors Market: Regional Analysis
North America is dominating the global baby monitors market and is expected to continue this trend in the near future. This growth is mainly due to rising trend of nuclear families, increasing spending capacity of people, and growing awareness of the advantages provided by these devices. The growth trend is followed by North America and further by Europe as far as market share is concerned. This growth is mainly attributed to the advancement of these devices and rising personal equity investment specifically in the electronics sector in Europe. Furthermore, Asia Pacific is also anticipated to witness considerable growth owing to changing lifestyles, increasing awareness in parents regarding childcare, rising per-capita income, and strong retailing.
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