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Acoustic Glass Break Detector Market Expected to Reach $309.5 Million by 2031—Allied Market Research

 
Acoustic Glass Break Detector Market Expected to Reach $309.5 Million by 2031—Allied Market Research
2022
Acoustic Glass Break Detector Market

Report Code : A24031

quote Acoustic Glass Break Detector Market share is expected to witness considerable growth, owing to increase in demand for glass detection systems and urbanization, especially in North America and Europe. This is attributed to rise in demand for sophisticated acoustic glass break detectors technologies in these regions. quote

Ankit Gupta - Senior Analyst
Semiconductor and Electronics at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Acoustic Glass Break Detector Market," The acoustic glass break detector market size was  $189.60 million in 2021, and is estimated to reach $309.5 million by 2031, growing at a CAGR of 5.1% from 2022 to 2031.

Acoustic glass break detector is a sensor that monitors the motion of the glass surface to which these detector are attached. Acoustic glass break detector monitors sound and/or vibrations on a glass surface to offer an extra degree of security. These gadgets are sent into motion by shock waves or noises made when glass breaks.

The basic concept is that a small microphone placed within the device detects when a sound exceeds a preset noise threshold (which, in more advanced systems, the user can adjust) or when a sound pattern generally associated with glass breaking is heard. The need for acoustic glass break detectors has risen as a result of rapid urbanization and the usage of glass-prone buildings. Acoustic glass break detectors' initial high costs and increased rate of false alerts are impeding the acoustic glass break detector industry growth. Due to a rise in criminal activity, alarms are now employed in both residential and business settings, which might lead to acoustic glass break detector market growth  during the forecast period.

The wired segment was the highest revenue contributor to the market, with $119.5 million in 2021, and is estimated to reach $161.2 million by 2031, with a CAGR of 3.1%. The wireless segment is expected to continue its dominance during the forecast period and is expected to grow with impressive CAGR of more than the global average growth rate. The commercial segment was the highest revenue contributor to the market in terms of end use vertical. 

The outbreak of the COVID-19 has significantly impacted growth of the acoustic glass break detector market. Rapid urbanization and growing use of glass-prone building infrastructure in various commercial and residential places has significantly led to rise in demand for acoustic glass break sensor during the pandemic. However, emergence of third wave of COVID-19 across the U.S. and China is anticipated to affect growth of the acoustic glass break detector market in 2022. Moreover, increase in criminal activity globally started to sensor detection solutions, which is expected to drive growth of the acoustic glass break detector market analysis post pandemic.

Region-wise, North America held a significant acoustic glass break detector market share, owing to presence of prime players in this region. Adoption of intruder identification systems is expected to propel growth of the acoustic glass break detection market in this region. Moreover, rapid advancements in sensor technologies and growing urbanization are the primary factors that drive growth of the acoustic glass break detector ,arket growth in North America.

KEY FINDINGS OF THE STUDY

  • The wired segment was the highest revenue contributor to the market, with $119.5 million in 2021, and is estimated to reach $161.2 million by 2031, with a CAGR of 3.1%.
  • The wireless segment is estimated to reach $148.3 million by 2031, at a significant CAGR of 7.8% during the forecast period.
  • In-depth analysis of the acoustic glass break detector market segmentation assists to determine the prevailing market opportunities and other forecast factors those impact acoustic glass break detector market size during the forecast period.
  • Major countries in each region are mapped according to their revenue contribution to the acoustic glass break detector market outlook.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players and acoustic glass break detector market share analysis.
  • The report includes the analysis of the regional as well as global acoustic glass break detector market trends, key players, market segments, application areas, and market growth strategies.
  • This report also include detailed analysis of acoustic glass break sensor as the associated market.

Key players profiled in the report include ABUS, Alarmtech, Bosch, Climax Technology, DSC., Fortress security, Honeywell, Infienon, Interlogix, Jablotron, RISCO, SABRE, Satel, Siemens, Simplisafe, Vanderbilt and Visonic. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the acoustic glass break detector market.

 

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quote Acoustic Glass Break Detector Market by Interface Type (Wired, Wireless), by Maximum Detection Range (Less than 5 m, Between 5 to 10 m, Greater than 10 m), by End Use Vertical (Residential, Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

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