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Europe Personal Safety Alarms Market to Grow at a Healthy Pace During 2021-2026, Supported by the Growth of Global Personal Safety Alarms Market

According to a new report by EMR titled, ‘Europe Personal Safety Alarms Market Report and Forecast 2021-2026’, the market is supported by the growth of global personal safety alarms market, which is expected to grow in the forecast period of 2021-2026 at a CAGR of 9%.

The market for personal safety alarms is being driven by the increasing awareness of crime rates and the rising concerns about personal safety. The personal safety alarms not only provide security by producing a high decibel sound but are also safe and easy to use. Technological advancements also enable many of the alarms to call for assistance if required. This is leading the market growth, especially among the elderly population who are more prone to various health emergencies. Moreover, they offer several other useful features, such as water resistance, fall detection, and a range up to 50-100 meters from the base unit. These features make the safety alarms a popular choice to ensure protection and well-being.

Additionally, the cost-effectiveness of personal safety alarms is aiding the market growth. Furthermore, trends such as solo travelling by the European population to various developing Oriental countries is boosting the growth of the market. The United Kingdom is one of the significant markets for personal safety alarms in Europe. This is due to the rising preference of the geriatric population to reside alone and the ban of other self-defence products such as pepper sprays.

Some of the major companies in the market are RTLS Communications Ltd and MACE Security International (OTCMKTS: MAACE). The former offers infant safety alarm, which is attached to the baby’s ankle and employs ultra-secure technology to transmit a unique ID to a network of wall mounted/ceiling readers to track its location. One of its products, Elpas Infant Protection Charm, launched in June 2020, is an ankle-worn active RIFD tag that prevents abduction and mother-baby mismatch in maternity and neonatal departments from time of birth until discharge. Moreover, it is made from baby-safe materials and easily verifies the match with a press of a button on the mother tag. Innovations and the development of new products such as these promote the market growth.

Market Analysis by Types, Technology, Connectivity, End User and Region:

  • The market, on the basis of type, can be divided into mobile phone app, stand-alone devices, vehicle based, and wearable device, among others.
  • Based on technology, the industry can be divided into sensors and navigation, among others.
  • On the basis of connectivity, the market is segmented into Bluetooth, NFC, and wired, among others.
  • The end users for personal safety alarms include children, adults, and elders, among others.
  • The regional markets for personal safety alarms in Europe include the United Kingdom, Germany, France, and Spain, among others.

Key Findings of the Report:

  • The market growth of personal safety alarms in Europe is being driven by the growing crime rates. 
  • The surge of the geriatric population is aiding the market growth of personal safety alarms.
  • The rising concern about the safety of children is propelling the industry growth.
  • Various technological advancements and innovations are leading the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the Europe personal safety alarms market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, technology, connectivity, end user, and regions of personal safety alarms.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Europe market for personal safety alarms are Skyguard Ltd, Security-Discount Germany, Tetronik GmbH, RTLS Communications Ltd, First Line Protect, and Mobile Software AS, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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