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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.
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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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