The global Public Safety Sensors market size was valued at $1.59 billion in 2020 and is expected to reach $2.76 billion by 2028 growing at the CAGR of 7.00% from 2021 to 2028. This growth is attributed to several macro and micro economic factors such as
- Advancements of sensors for public safety applications
- The rise in adoption of a wearable device for public safety applications
Further several factors restraining the market growth include
- Restraint 1
- Restraint 2
Collaborations and Alliances in the Public Safety Sensors market are expected to generate higher avenues during the forecast period.
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Public Safety Sensors market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
In terms of COVID 19 impact, the Public Safety Sensors market report also includes the following data points:
- Impact on Public Safety Sensors market size
- End-User Trend, Preferences, and Budget Impact
- Regulatory Framework/Government Policies
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Public Safety Sensors market
Key Insight in the report:
The global Public Safety Sensors market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which includes the following data points:
- Business Overview
- Business Segment Data
- Financial Data
- Product Segment Analysis and Specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
The report covers market sizing and forecasting at the country level as well as at the segment level. The Public Safety Sensors market is analyzed across the below-mentioned different segments:
- Sensor Type
- Level Sensor
- Temperature Sensor
- Proximity Sensor
- Acoustic Wave Sensor
- Pressure Sensor
- Others
- Application
- Indoor & Outdoor Gunshot Detector
- Fall Detection
- Flood Detection
- Others
The Public Safety Sensors market is also analyzed across the below-mentioned regions/countries:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East & Africa
Some of the key players in of Public Safety Sensors market include:
- ABB Ltd
- FIBARO
- Baumer
- Rockwell Automation
- Siemens AG
- Schneider Electric
- Infineon Technologies
- Texas Instruments
- Sensors Industries
- Keyence Corporations
REPORT CONTENT BRIEF:
- High-level analysis of the current and future market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- Public Safety Sensors market estimates for 2020 and forecast from 2021 to 2028
- Vendor market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.
Target Audience
- Manufacturers
- Suppliers and traders
- Government, associations, and industrial bodies
- Investors and trade experts
- Consulting Firms or Individual Consultant
- Anyone interested in understanding the industry dynamics of the Public Safety Sensors market
