Baby Monitor Market Growing at a CAGR of 8.5% - In -Depth Analysis of Top Impacting Factors with Leading Players Samsung Electronics Co. Ltd., Dorel Industries, Inc., Angelcare Monitors, Inc., LOREX Technology, Inc., VTech Holdings Ltd., ShenZhen Foscam I

Basis the mode of connection, the market has been segregated into wireless baby monitors & wired baby monitors. The segment of wireless baby monitors is expected to account for 94.8% of the overall market revenue by 2020, as these monitors offer greater portability and ease of connectivity, compared to the wired baby monitors. Moreover, the demand for wired baby monitors would gradually decrease in future, as these are perceived to be insecure for babies due to the sensor cord attached to them.

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Baby Monitor Market Report, published by Allied Market Research, forecasts that the market is expected to grow at CAGR of 8.5% during forecast period of 2015-2020. In 2014, the North America accounted for the largest share of about 62.3%, owing to higher per-capita spending on baby care products and prevalence of nuclear family culture. However, emerging countries in Asia such as China and India, would witness increasing demand for baby monitors during the forecast period, owing to increasing awareness, the rising number of employed parents and growing disposable income.

Baby monitor is basically a baby alarm, which facilitates parents to remotely track the movements and other activities of the baby. A basic audio monitor consists of a transmitter and microphone, which enables a two-way communication between the parent and the baby. Baby video monitor is an advanced version of baby monitor, which allows parents to see and monitor baby’s movements. Further, baby monitors with movement trackers and preinstalled lullabies, are also available in the market, to cater to the varying needs of the parents.

Increase in the number of working parents and nuclear families has led to a higher adoption of baby monitors in homes and day care centers. Growing awareness about baby safety, increasing disposable income and increased online retailing are other factors that have fueled the growth of the market. However, declining birth rate due to sedentary lifestyle and safety concerns associated with these products are amongst major challenges for the players operating in the industry. Irrespective of challenges, the industry is anticipated to offer attractive business opportunities in developed as well as developing regions in near future.

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The world baby monitors market is segmented on the basis of type, mode of connection and geography. Based on type, baby monitors are categorized as audio and video baby monitors. Market is categorized as wired and wireless baby monitors depending on mode of connection. Wireless baby monitors offer the advantage of portability, ease of installation and connection as these can be easily connected to WLAN. The world baby monitors market is analyzed on the basis of geographical regions, which include North America, Europe, Asia-Pacific and LAMEA.

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES
FIG. 3 TOP WINNING STRATEGIES COMPARISON, 2015(%)
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 PORTERS FIVE FORCE ANALYSIS
FIG. 6 VALUE CHAIN ANALYSIS
FIG. 7 MARKET SHARE ANALYSIS, 2014(%)
FIG. 8 REVENUE OF SAMSUNG ELECTRONICS CO. LTD, 2013-2014 ($MILLION)
FIG. 9 SWOT ANALYSIS OF SAMSUNG ELECTRONICS CO. LTD.
FIG. 10 REVENUE OF DOREL INDUSTRIES INC., 2012-2014 ($MILLION)
FIG. 11 REVENUE OF DOREL INDUSTRIES INC BY BUSINESS SEGMENT (%), 2014
FIG. 12 SWOT ANALYSIS OF DOREL INDUSTRIES INC.
FIG. 13 SWOT ANALYSIS OF ANGELCARE MONITORS INC.
FIG. 14 SWOT ANALYSIS OF LOREX TECHNOLOGY INC.
FIG. 15 REVENUE OF VTECH HOLDINGS LTD., 2014-2015 ($MILLION)
FIG. 16 REVENUE OF VTECH HOLDINGS LTD., BY REGION (%), 2015
FIG. 17 SWOT ANALYSIS OF VTECH HOLDINGS LTD.
FIG. 18 SWOT ANALYSIS OF SHENZHEN FOSCAM INTELLIGENT TECHNOLOGY CO., LTD.
FIG. 19 REVENUE OF SUMMER INFANT, INC., 2012-2014 ($MILLION)
FIG. 20 REVENUE OF SUMMER INFANT, INC., BY REGION (%), 2014
FIG. 21 SWOT ANALYSIS OF SUMMER INFANT, INC.
FIG. 22 REVENUE OF KONINKLIJKE PHILIPS N.V., 2012-2014 ($MILLION)
FIG. 23 SWOT ANALYSIS OF KONINKLIJKE PHILIPS N.V
FIG. 24 SWOT ANALYSIS OF NEST LABS, INC.
FIG. 25 SWOT ANALYSIS OF WITHINGS INC.

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