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Personal Alarm Market Analysis and Sze Forecasted for period from 2024 to 2031


Market Overview and Report Coverage


A personal alarm is a small electronic device that is used to attract attention in times of need or emergency. It is typically carried by individuals, such as elderly or vulnerable persons, to help them alert others in case of danger or distress.

The personal alarm market is witnessing significant growth, with a forecasted CAGR of % during the foreseeable future. The increasing awareness about personal safety and security issues, coupled with rising crime rates in some regions, are driving the demand for personal alarms. Additionally, the advancements in technology have led to the development of more efficient and user-friendly personal alarm devices, further fueling market growth.

The market is expected to continue growing as more individuals prioritize their personal safety and seek ways to protect themselves in emergencies. The introduction of innovative features, such as GPS tracking and smartphone connectivity, is also expected to drive market growth in the coming years. Overall, the personal alarm market shows promising prospects for the future, with a positive outlook on market growth and the latest trends in personal safety devices.


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Market Segmentation


The Personal Alarm Market Analysis by types is segmented into:


  • Active Alarm
  • Passive Alarm


 


The personal alarm market can be divided into two main types: active alarms and passive alarms. Active alarms require the user to actively trigger the alarm, such as by pressing a button or pulling a pin. Passive alarms, on the other hand, are automatically activated when certain conditions are met, such as movement or a change in temperature. Both types of alarms serve the purpose of alerting others to a potential emergency situation, but they differ in terms of how they are activated.


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The Personal Alarm Market Industry Research by Application is segmented into:


  • Adults
  • Children


 


Personal alarms are widely used by adults and children for safety and security purposes. Adults may use personal alarms while exercising outdoors, walking alone at night, or traveling in unfamiliar areas. Children may use personal alarms while walking to school, playing in the park, or in case of emergencies. These devices provide a sense of security and can be easily carried on keys, backpacks, or clothing. The market for personal alarms continues to grow as individuals prioritize their safety in various situations.


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In terms of Region, the Personal Alarm Market Players available by Region are:



North America:


  • United States

  • Canada



Europe:


  • Germany

  • France

  • U.K.

  • Italy

  • Russia



Asia-Pacific:


  • China

  • Japan

  • South Korea

  • India

  • Australia

  • China Taiwan

  • Indonesia

  • Thailand

  • Malaysia



Latin America:


  • Mexico

  • Brazil

  • Argentina Korea

  • Colombia



Middle East & Africa:


  • Turkey

  • Saudi

  • Arabia

  • UAE

  • Korea




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What are the Emerging Trends in the Global Personal Alarm market?


The global personal alarm market is experiencing rapid growth due to increasing concerns for personal safety. Emerging trends include the integration of advanced technologies such as GPS tracking and bluetooth connectivity for real-time monitoring and notifications. Additionally, there is a rising demand for wearable personal alarms that are discreet yet easily accessible in case of emergency. Current trends also highlight the importance of user-friendly designs and customization options to cater to different demographics. The market is also witnessing a shift towards eco-friendly and sustainable materials to align with consumer preferences for environmentally conscious products.


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Major Market Players


The personal alarm market is increasingly competitive with players such as SABRE, Mace Security International, Streetwise Security, JNE Security, Nano Banshee, VitalCall, Vigilant, Doberman Security, GE, and many others. Among these companies, SABRE is a prominent player known for its wide range of personal safety and security products. The company has shown significant market growth and has been a market leader in the personal alarm segment. Mace Security International is another key player in the industry offering high-quality personal alarms and security solutions.

In terms of market size, the personal alarm market is experiencing steady growth due to the increasing demand for personal safety and security products. The market is driven by factors such as rising crime rates, growing awareness about personal safety, and technological advancements in alarm systems.

Some recent trends in the personal alarm market include the development of advanced features such as GPS tracking, Bluetooth connectivity, and smartphone integration. These features enhance the efficiency and effectiveness of personal alarms, making them more user-friendly and convenient for consumers.

Although specific sales revenue figures are not publicly available for all companies listed, it is estimated that leading players such as SABRE, Mace Security International, and Streetwise Security have achieved substantial sales revenue due to their strong brand presence and product offerings in the personal alarm market. These companies continue to innovate and introduce new products to meet the evolving needs of consumers, driving further growth in the market.


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27 Jun 2024
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