The global demand for Baby Safety Gadgets Market is presumed to reach the market size of nearly USD 16.88 BN by 2030 from USD 7.44 BN in 2022 with a CAGR of 9.53% under the study period 2023 - 2030.
Baby safety gadgets are now becoming an essential commodity for the healthy lifestyle of infants and toddlers. Baby safety gadgets protect infants from drowning, death, and harm. Baby safety gadgets are embedded with implants like GPS tracking chips and have helped new parents to keep an eye on the whereabouts of their children. Baby safety gadgets are available in different types, such as baby gates, corner protectors, plug protectors, simcam smart AI baby monitor & toddler cam, and smart car seats.
Market Dynamics
The increase in the number of parents concerned about their children's safety has contributed to the market's growth. Moreover, increasing penetration of online retail platforms positively impacts the sales of baby safety gadgets. Also, an increase in the popularity of multi-functional baby safety gadgets with additional features is projected to push the demand for such devices in numerous households. Furthermore, rising disposable income encourages the use of baby safety gadgets, contributing to global baby safety gadgets market growth. In addition, increasing acceptance of baby safety gadgets among working professionals is expected to drive the market. However, the high cost of baby safety gadgets may limit the market growth rate.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of baby safety gadgets. The growth and trends of baby safety gadgets industry provide a holistic approach to this study.
Market Segmentation
This section of the baby safety gadgets market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Baby Monitor
- Smart Baby Stroller
- Smart Baby Car Seat
- Smoke And Carbon Detector
- Pool Alarm
- Others
By Price Range
By Distribution Channel
- Online Sales Channel
- Hypermarket/Supermarket
- Specialty Stores
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Baby Safety Gadgets market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Baby Safety Gadgets Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the baby safety gadgets market include Babymoov Group, Baby Sense, BT, Munchkin Inc, Nanit, Owlet Care, Phillips, Safe-o-Kia (Baby Safety Inc.), Summer Infant Inc, Sunza. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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