MRRSE has added a new research report on the "Baby Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024" to its collection.

1. Research Report on Baby Monitors Market Overviews and
Complete Forecast Report For 2024
Report Description
Owing to increasing number of working parents and rise in
the number of nuclear families, the demand for baby
monitors have increased. In addition, an increase in the

2. number of day care facilities has added on to the increased
demand of baby monitors globally. High growth in disposable
income in emerging economies and increased propensity to
spend on baby care products is also positively impacting the
market, especially in developing economies of Asia Pacific
and Latin America.
Transparency Market Research estimates that the global baby
monitors market will exhibit a 4.4% CAGR from 2016 through
2024, rising from a valuation of US$876.8 mn in 2015 to US$
1,291.8 mn by 2024.
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3. Wide Range of Features makes Fixed Video Baby Monitors
Most Popular Product Variety
On the basis of product type, the baby monitors market is
examined in the report for product varieties such as audio
baby monitors, fixed video baby monitor, and pan and tilt
baby monitors. Accounting for over 45% of the global baby
monitors market, the segment of fixed video baby monitor
dominated the market in terms of revenue in 2015. The trend
is expected to continue over the next few years as well.
Advanced features of fixed video baby monitors, such as the
possibility of real-time sound and video transmission,
temperature sensing, talk-back, and heart rate monitoring

4. will aid the future development of the segment over the
forecast period.
The market for pan and tilt baby monitors is expected to
exhibit steady growth owing to their rising popularity among
users; these baby monitors offer advantages such as easy
rotation of camera to get a perfect view of the baby’s play
area and instant temperature alerts among others. The
segment will exhibit a 5.5% CAGR over the period between
2016 through 2024. The segment of audio baby monitors, on
the other hand, is expected to exhibit a -0.9% CAGR over the
said period. The decline in demand for such baby monitors
will stem from their limited set of features. Nevertheless,

5. their economic nature will lead to a steady demand from
cost-sensitive buyers.
High Per Capita Spending on Baby Care Products Allows
North America Market to Retain Dominance
Globally, North America is the largest regional market for
baby monitors in terms of revenue, holding over 52.0% in
2015 and this trend is expected to continue over the forecast
period as well; however Asia Pacific is the fastest growing
baby monitors market. High per-capita spending capacity of
consumers, growing awareness related to baby safety and
security, and a rise in the number of nuclear families are
cumulatively driving the market for baby monitors in North

6. America. In addition to this, technologically advanced
infrastructure and greater adoption of the innovative and
niche baby care products is expected to create a lucrative
market opportunity for baby monitors across North
America.
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In 2015, Europe held the second largest market share for
baby monitors, accounting for more than 36% of the total
market size. Germany and the U.K. are the leading
manufacturers of baby monitors in the region. The
advancements in baby monitor technologies have positively

7. impacted the demand for the market in the region. Rising
expenditure on baby monitoring devices and increasing
private equity investments in the electronic sector are the key
factors driving the market for baby monitors in the region.
Over the forecast period, Europe will continue to account for
a significant share in the global baby monitors market. The
market in Asia Pacific, however, will outpace both North
America and Europe in terms of growth rate from 2016 to
2024. Expansion of the demand for baby monitors in the
region will be as a result of changing lifestyles, increasing
awareness among parents related to child care, rising
disposable income, and efficient retailing channels.

8. Read Complete Report with TOC @
http://www.mrrse.com/baby-monitors-market
Some of the key vendors operating in the global baby
monitors market are Samsung Electronics Co. Ltd., Angelcare
Monitors Inc., Dorel Industries Inc., LOREX Technology Inc.,
Summer Infant Inc., Sony Corporation, VTech Holdings Ltd.,
and Koninklijke Philips N.V.
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