The global Baby Monitors market was valued at US$ 330.6 million in 2020 and is expected to reach US$ 356 million by the end of 2027, growing at a CAGR of 1.1% during 2021-2027.
Baby monitor is basically a baby alarm, which facilitates parents to remotely track the movements and other activities of the baby. A basic audio monitor consists of a transmitter and microphone, which enables a two-way communication between the parent and the baby. Baby video monitor is an advanced version of baby monitor, which allows parents to see and monitor baby’s movements.
The increasing demand for baby monitor drives the market. The rise in the number of employed parent, increase in disposable income, growing concerns regards children safety and increase in online retailers are main drivers for the baby monitor market. Other factors contributing to the growth of market including declining birth rate and innovations are expected to witness a moderate increase. Emerging countries, such as India, China, Brazil, South Africa, and Thailand, offer lucrative opportunities for baby monitors market, owing to the large population, increase in the number of women workforce, improved level of education. U.S. dominates the market for all baby monitors and continue to maintain its position. Better technological infrastructure and increase in adoption of innovative & niche baby products are some of the major factors for the growth of baby monitors in the U.S. Increase in online retailing in U.S. is another major factor that has fuelled the growth of the baby monitor market.
Global Baby Monitors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Baby Monitors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Samsung Electronics, Dorel Industries, Angelcare, Lorex Technology, Vtech Holdings, Foscam, Summer Infant, Koninklijke Philips and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-baby-monitors-market-outlook
Segment by Type
- Audio and Video Baby Monitors
- Motion Detection Baby Monitors
- Audio Baby Monitors
Segment by Application
- Hypermarkets and Supermarkets
- Specialty Stores
- Drugstores and Pharmacies
- Online Retailers
Table of Content:
1 Baby Monitors Market Overview
2 Baby Monitors Market Competition by Manufacturers
3 Baby Monitors Retrospective Market Scenario by Region
4 Global Baby Monitors Historic Market Analysis by Type
5 Global Baby Monitors Historic Market Analysis by Application
6 Key Companies Profiled
7 Baby Monitors Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Baby Monitors Market Dynamics
10 Global Baby Monitors Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.