DUBLIN--(BUSINESS WIRE)--The "Global Baby Monitors Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
Baby monitors are predominantly used by most new parents, mainly those who are working to keep a watch on their newborn babies. With the increasing concerns about the cyber-security risks of digital devices including baby monitors, governments of various countries are developing regulations that in turn will increase the customer reliability on these products.
Growing Number of Working Mothers
In most countries, men tend to participate in labor markets more frequently than women. All over the world, labor force participation among women of working age increased substantially in the last few years. In some parts of the world, the historical increase in female labor force participation has slowed down or even regressed slightly in recent years.
Women all over the world allocate a substantial amount of time to activities that are not typically recorded as economic activities. Hence, female participation in labor markets tends to increase when the time-cost of unpaid care work is reduced, shared equally with men, and/or made more compatible with market work. The growing participation of women including mothers with newborn babies has led to the growth in sales of monitoring devices including baby monitors.
North America Holds a Prominent Share in the Market
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 the rising trend of nuclear families, increasing spending capacity of people, and a growing awareness of the advantages provided by these devices.
The growth is also attributed to the advancement of these devices and rising personal equity investment specifically in the electronics sector in developed markets such as the United States and Canada. Furthermore, the region is also anticipated to witness increasing awareness in parents regarding childcare and strong retailing.
Global baby monitors market is a fragmented market with the presence of major players and small regional players. The major players in the market are Samsung Electronics Co. Ltd., LOREX Technology Inc., Koninklijke Philips N.V., Sony Corporation, Angelcare Monitors Inc., etc. Players are bringing variations in the market to attract more customers in the market.
Key Topics Covered
1.1 Study Deliverables and Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Audio Baby Monitor
5.1.2 Video Baby Monitor
5.1.3 Motion Sensor Baby Monitor
5.2 By Mode of Communication
5.3 By Distribution Channel
5.4.1 North America
5.4.4 South America
5.4.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Position Analysis
6.4 Company Profiles
6.4.1 Motorola Home
6.4.3 Sony Corporation
6.4.4 Panasonic Corporation
6.4.5 Koninklijke Philips N.V.
6.4.6 Angelcare Monitor Inc.
6.4.7 Dorel Industries Inc.
6.4.8 Summer Infant (USA), Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/dlv1pn