Description
Advanced Baby Monitors Market Forecast till 2027
Market Overview
The use of advanced baby monitors has become popular as they are designed to monitor the movements and vital functions of newborns such as breathing. Advanced baby monitors typically use the latest Wi-Fi technology and are wireless devices with a parent unit and a baby unit. The growing concern for a baby’s health and well-being has driven the increasing adoption of advanced baby monitors in recent years.
Factors such as the increasing number of working parents, especially in developed and developing countries, and the rise of modern nuclear families have also contributed to the growth of the market. Additionally, the ease of purchasing advanced baby monitors online is expected to drive market growth. However, the high cost associated with these monitors and a lack of FDA-approved options may hinder market growth.
The market for advanced baby monitors is growing as a result of the demand for modern technology, as well as the numerous benefits over traditional baby monitors. The increasing demand for embolization baby monitors, as well as a lack of proper infrastructure, is driving the growth of the market. Europe is predicted to be the fastest growing region in the market.
Segment Overview
The global baby monitor market is expected to experience significant growth during the forecast period due to factors such as increasing demand for industrialization, large investment in oil infrastructure, growth in various large-scale industries and the rapid expansion of these industries.
The advanced baby monitor market is divided based on product, with sub-segments being basic stationary and advanced wearable types. The end-users of the advanced baby monitor market are further classified into home care and daycare.
Regional Analysis
The Advanced Baby Monitor market is divided into various regions for analysis, such as Europe, Asia Pacific, North America, and the rest of the world. North America is expected to dominate in terms of profitability, driven by the growing adoption of cloud-based services in production systems and through multiple distribution channels. On the other hand, the Asia Pacific region is anticipated to experience rapid growth due to increased investments. In particular, India and China are projected to drive growth in the Advanced Baby Monitor market in the Asia Pacific region, due to a rising demand for these products..
Major Players
Key players in the market are Angelcare (Canada), Lorex Technology Inc. (Canada), Graco Children’s Products, Inc. (U.S.), Owlet Baby Care (U.S.), The First Years, Inc. (U.S.), Summer Infant, Inc. (U.S.), MonDevices (U.S.), Mayborn Group (U.K.), Samsung Electronics Co. Ltd. (South Korea), Snuza International (South Africa), Safety 1st (U.S.), MOTOROLA HOME (U.S.), and Koninklijke Philips N.V. (Netherlands).
COVID 19 Impacts
The COVID-19 pandemic has impacted 215 countries, including the market for advanced baby monitors. Lockdowns imposed by governments to combat the virus have negatively affected the market. The pandemic has presented several challenges to the sector, such as risks to production and supply chain disruptions, reduced workforce and decreased development activities. These factors have led to a decrease in demand and supply. However, there are ongoing strategic developments as multinational companies are investing in advanced baby monitors due to the increasing demand from consumers globally.
TABLE OF CONTENT
1 REPORT PROLOGUE
2 EXECUTIVE SUMMARY
3 MARKET INTRODUCTION
3.1 DEFINITION 17
3.2 SCOPE OF THE STUDY 17
3.3 ASSUMPTIONS & LIMITATIONS 17
3.3.1 ASSUMPTIONS 17
3.3.2 LIMITATIONS 17
3.4 MARKET STRUCTURE 18
4 RESEARCH METHODOLOGY
4.1 RESEARCH PROCESS 20
4.2 PRIMARY RESEARCH 21
4.3 SECONDARY RESEARCH 22
4.4 MARKET SIZE ESTIMATION 23
4.5 FORECAST MODEL 23
5 MARKET DYNAMICS
5.1 INTRODUCTION 25
5.2 DRIVERS 26
5.2.1 RISING NUMBER OF WORKING PARENTS 26
5.2.2 AVAILABILITY OF ADVANCED BABY MONITORS ON ONLINE PORTALS 26
5.3 RESTRAINTS 26
5.3.1 HIGH COST OF ADVANCED BABY MONITORS 26
5.3.2 LACK OF ADVANCED BABY MONITORS WHICH ARE APPROVED BY THE US FOOD AND DRUG ADMINISTRATION (FDA) 27
5.4 OPPORTUNITIES 27
5.4.1 DEVELOPMENT OF ADVANCED BABY MONITORS FOR DEAF PARENTS 27
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY CHAIN ANALYSIS 29
6.1.1 R&D 29
6.1.2 MANUFACTURING 29
6.1.3 DISTRIBUTION 29
6.1.4 POST-SALES MONITORING 29
6.2 PORTER’S FIVE FORCES MODEL 30
6.2.1 BARGAINING POWER OF SUPPLIERS 30
6.2.2 BARGAINING POWER OF BUYERS 31
6.2.3 THREAT OF NEW ENTRANTS 31
6.2.5 INTENSITY OF COMPETITIVE RIVALRY 31
7 ADVANCED BABY MONITORS MARKET, BY PRODUCT
7.1 OVERVIEW 33
7.1.1 INTRODUCTION 33
7.1.2 STATIONARY TYPE 34
7.1.3 WEARABLE TYPE 34
8 ADVANCED BABY MONITORS MARKET, BY END-USER
8.1 OVERVIEW 37
8.1.1 INTRODUCTION 37
8.1.2 HOME CARE 38
8.1.3 DAY CARE 39
8.1.4 OTHERS 39
9 GLOBAL ADVANCED BABY MONITORS MARKET, BY REGION
9.1 INTRODUCTION 41
9.2 AMERICAS 42
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.2.1 NORTH AMERICA 43
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.2.1.1 US. 44
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.2.1.2 CANADA 44
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.2.2 SOUTH AMERICA 45
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3 EUROPE 46
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1 WESTERN EUROPE 47
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1.1 GERMANY 48
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1.2 UK 49
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1.3 FRANCE 49
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1.4 ITALY 50
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1.5 SPAIN 50
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.1.6 REST OF WESTERN EUROPE 51
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.3.2 EASTERN EUROPE 51
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4 ASIA-PACIFIC 52
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4.1 CHINA 53
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4.2 JAPAN 54
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4.3 INDIA 54
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4.4 AUSTRALIA 55
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4.5 SOUTH KOREA 55
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.4.6 REST OF ASIA-PACIFIC 56
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.5 THE MIDDLE EAST & AFRICA 57
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.5.1 MIDDLE EAST 59
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
9.5.2 AFRICA 59
ADVANCED BABY MONITORS MARKET, BY PRODUCT
ADVANCED BABY MONITORS MARKET, BY END-USER
10 COMPETITIVE LANDSCAPE
10.1 COMPANY MARKET SHARE ANALYSIS 62
10.1.1 INTRODUCTION 62
11 COMPANY PROFILES
11.1 THE FIRST YEARS, INC. 64
11.1.1 COMPANY OVERVIEW 64
11.1.2 FINANCIAL OVERVIEW 64
11.1.3 PRODUCTS OFFERING 65
11.1.4 KEY DEVELOPMENTS 65
11.1.5 SWOT ANALYSIS 65
11.1.6 KEY STRATEGY 65
11.2 ANGELCARE 66
11.2.1 COMPANY OVERVIEW 66
11.2.2 FINANCIAL OVERVIEW 66
11.2.3 PRODUCTS OFFERING 66
11.2.4 KEY DEVELOPMENTS 66
11.2.5 SWOT ANALYSIS 66
11.2.6 KEY STRATEGY 66
11.3 SAMSUNG ELECTRONICS CO. LTD 67
11.3.1 COMPANY OVERVIEW 67
11.3.2 FINANCIAL OVERVIEW 67
11.3.3 PRODUCTS OFFERING 67
11.3.4 KEY DEVELOPMENTS 68
11.3.5 SWOT ANALYSIS 68
11.3.6 KEY STRATEGY 68
11.4 LOREX TECHNOLOGY INC. 69
11.4.1 COMPANY OVERVIEW 69
11.4.2 FINANCIAL OVERVIEW 69
11.4.3 PRODUCTS OFFERING 69
11.4.4 KEY DEVELOPMENTS 70
11.4.5 SWOT ANALYSIS 70
11.4.6 KEY STRATEGY 70
11.5 SUMMER INFANT, INC. 71
11.5.1 COMPANY OVERVIEW 71
11.5.2 FINANCIAL OVERVIEW 71
11.5.3 PRODUCTS OFFERING 72
11.5.4 KEY DEVELOPMENTS 72
11.5.5 SWOT ANALYSIS 72
11.5.6 KEY STRATEGY 72
11.6 SNUZA INTERNATIONAL 73
11.6.1 COMPANY OVERVIEW 73
11.6.2 FINANCIAL OVERVIEW 73
11.6.3 PRODUCTS OFFERING 73
11.6.4 KEY DEVELOPMENTS 73
11.6.5 SWOT ANALYSIS 74
11.6.6 KEY STRATEGY 74
11.7 MONDEVICES 75
11.7.1 COMPANY OVERVIEW 75
11.7.2 FINANCIAL OVERVIEW 75
11.7.3 PRODUCTS OFFERING 75
11.7.4 KEY DEVELOPMENTS 75
11.7.5 SWOT ANALYSIS 75
11.7.6 KEY STRATEGY 75
11.8 MOTOROLA HOME 76
11.8.1 COMPANY OVERVIEW 76
11.8.2 FINANCIAL OVERVIEW 76
11.8.3 PRODUCTS OFFERING 77
11.8.4 KEY DEVELOPMENTS 77
11.8.5 SWOT ANALYSIS 77
11.8.6 KEY STRATEGY 77
11.9 OWLET BABY CARE 78
11.9.1 COMPANY OVERVIEW 78
11.9.2 FINANCIAL OVERVIEW 78
11.9.3 PRODUCTS OFFERING 78
11.9.4 KEY DEVELOPMENTS 78
11.9.5 SWOT ANALYSIS 78
11.9.6 KEY STRATEGY 78
11.10 MAYBORN GROUP 79
11.10.1 COMPANY OVERVIEW 79
11.10.2 FINANCIAL OVERVIEW 79
11.10.3 PRODUCTS OFFERING 79
11.10.4 KEY DEVELOPMENTS 79
11.10.5 SWOT ANALYSIS 79
11.10.6 KEY STRATEGY 79
11.11 GRACO CHILDREN’S PRODUCTS, INC. 80
11.11.1 COMPANY OVERVIEW 80
11.11.2 FINANCIAL OVERVIEW 80
11.11.3 PRODUCTS OFFERING 81
11.11.4 SWOT ANALYSIS 81
11.11.5 KEY DEVELOPMENTS 81
11.11.6 KEY STRATEGY 81
11.12 SAFETY 1ST 82
11.12.1 COMPANY OVERVIEW 82
11.12.2 FINANCIAL OVERVIEW 82
11.12.3 PRODUCTS OFFERING 83
11.12.4 SWOT ANALYSIS 83
11.12.5 KEY DEVELOPMENTS 83
11.12.6 KEY STRATEGY 83
11.13 KONINKLIJKE PHILIPS NV. 84
11.13.1 COMPANY OVERVIEW 84
11.13.2 FINANCIAL OVERVIEW 84
11.13.3 PRODUCTS OFFERING 85
11.13.4 KEY DEVELOPMENTS 85
11.13.5 SWOT ANALYSIS 85
11.13.6 KEY STRATEGY 85
12 APPENDIX
12.1 DISCUSSION BLUE PRINT 87″
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