Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1232.92 Million | USD 2266.67 Million | 7% | 2023 |
The global Public Safety Sensors Market size was valued at USD 1232.92 Million in 2023 and is predicted to reach USD 2266.67 Million by the end of 2032. The market is expected to grow with a CAGR of 7% during the forecast period. The report analyzes the global Public Safety Sensors Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Public Safety Sensors industry.
Sensors are devices which detect the environmental changes and then deliver a particular output. Sensors can detect physical output which includes light, heat, motion, moisture, or pressure, and revert by transmitting or displaying electronic information for further actions.
Wearable sensors placed on police uniforms enable detection and instant identification of escalating scenarios with the help of a gun holster sensor. Robust investigation of criminal cases can boost high accountability if close monitoring of police movements is carried out with these sensors and body cameras.
The increasing preference for advanced technologies such as Internet of Things (IoT) and strict government rules & regulations related to the use of leak detection systems are the key growth factors steering the expansion of the global public safety sensors market. Furthermore, the continuous development and enhancement of sensors used for public safety is another major factor stimulating the global public safety sensors market.
The rising number of terrorist attacks in public spaces and surging occurrences of natural disasters, mainly floods, are the growth factors augmenting the demand for IoT technologies in the developed as well as the developing countries. Implementation of IoT is important for the structuring of smart cities in several nations which further boosts the market growth.
Additionally, the growing utilization of IoT in the healthcare industry has made available newer growth opportunities in the global public safety sensors market. The implementation of IoT in the healthcare sector plays a crucial role for speeding up emergency healthcare. A number of IoT-enabled gadgets could potentially detect any kind of threat to a patient’s body by tracking his blood pressure or other such conditions. IoT-enabled platforms have gained thrust among the fire and police department, and also in the emergency medical services sector in the developed countries.
Manufacturing factories have been forced to stop operating because of the lockdown restrictions implemented by the governments of various countries. Furthermore, there also has been a delay in supply which has led to scarcity of finished goods and raw materials. This demand has also increased from the military & border security sector during the COVID-19 crisis because the governments are focusing on prioritizing security and safety technologies. However, the demand from the other sectors such as residential, construction, and automation sectors has considerably reduced due to the numerous effects of the COVID-19 pandemic. New investments have been either stopped or reduced as there has been a slowdown in projects relating to several end-use sectors that were previously planned.
The global public safety sensors market has been categorized by sensor type, application, and region. Based on the sensor type, the market is segregated into proximity sensor, level sensor, pressure sensor, gas sensor, temperature sensor, acoustic wave sensor, humidity sensor, and others. On the basis of application, the global public safety sensors market can be bifurcated into car crash detection, flood detection, indoor & outdoor gunshot detector, infrastructure failure detectors, fall detection, and others.
Report Attributes | Report Details |
---|---|
Report Name | Public Safety Sensors Market |
Market Size in 2023 | USD 1232.92 Million |
Market Forecast in 2032 | USD 2266.67 Million |
Growth Rate | CAGR of 7% |
Number of Pages | 202 |
Key Companies Covered | Baumer, Rockwell Automation, Texas Instruments Incorporated, Olea Systems, Schneider Electric, FIBAR GROUP, ABB, KEYENCE CORPORATION, and Siemens |
Segments Covered | By sensor type, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific has been brewing up fresh opportunities for the advancement of the regional public safety sensors market, thanks to the increasing volume of investments in public infrastructure. As more advanced technology is being utilized by several governments in the region, Japan, India, Indonesia, Malaysia, Thailand, and China are likely to display growing demand for these products. Moreover, the high density population and robust industrial sector in this region will further spawn growth of the public safety sensors market share. The adoption of IoT is expected to yield higher revenue over the forthcoming years.
North America is also anticipated to foster in the public safety sensors market supported by increasing implementation of IoT, automation, and other cutting-edge technologies.
Numerous players working in the global public safety sensors market are focusing to implement strategies for organic growth such as product approvals, patents, and product launches, and also inorganic growth strategies including expansions and partnerships to meet the growing needs of the end-users.
Some of the major companies operating in the global public safety sensors market include
By Sensor Type
By Application
Global Public Safety Sensors Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
The rising number of terrorist attacks in public spaces, surging occurrences of natural disasters, mainly floods, are the growth factors augmenting the demand for IoT technologies in the developed as well as the developing countries. Implementation of IoT is important for the structuring of smart cities in several nations which boosts the market.
Some of the major companies operating in the global public safety sensors market include Baumer, Rockwell Automation, Texas Instruments Incorporated, Olea Systems, Schneider Electric, FIBAR GROUP, ABB, KEYENCE CORPORATION, and Siemens.
Asia Pacific has been brewing up fresh opportunities for the advancement of the regional public safety sensors market, thanks to the increasing volume of investments in public infrastructure. As more advanced technology is being utilized by several governments in the region, Japan, India, Indonesia, Malaysia, Thailand, and China are likely to display growing demand for these products.
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