Personal Safety Alarms Market Forecasts to 2030 – Global Analysis By Product Type (Keychain Alarms, Mobile Phone App, Standalone Devices, Vehicle Safety Alarms, Pendant & Wristband Alarms, Panic Buttons, Smart Personal Safety Alarms, Flashlight Alarms, GP

Personal Safety Alarms Market Forecasts to 2030 – Global Analysis By Product Type (Keychain Alarms, Mobile Phone App, Standalone Devices, Vehicle Safety Alarms, Pendant & Wristband Alarms, Panic Buttons, Smart Personal Safety Alarms, Flashlight Alarms, GPS Alarms and Other Products Types), Price Point, Distribution Channel, Technology, Application, End User and By Geography

According to Stratistics MRC, the Global Personal Safety Alarms Market is accounted for $11.0 billion in 2024 and is expected to reach $16.5 billion by 2030 growing at a CAGR of 7.0% during the forecast period. Personal safety alarms are compact, portable devices designed to enhance personal security by emitting a loud sound to deter attackers and attract attention during emergencies. These alarms cater to various user groups, including women, children, the elderly, travellers, and outdoor enthusiasts. They come in multiple forms, such as keychain alarms, wearable devices, and smartphone-connected models with advanced features like GPS tracking and real-time alerts. By addressing specific needs through customizable alerts and multi-functionality, personal safety alarms play a crucial role in promoting individual safety and peace of mind across diverse environments and situations.

Market Dynamics:

Driver:

Rising concerns for personal safety

Increased awareness of safety issues, particularly among women, children, the elderly, and outdoor enthusiasts, drives demand for reliable and accessible security solutions. As people seek enhanced protection in daily activities, travel, and public spaces, the market sees a surge in sales of compact, portable alarms with advanced features like GPS tracking and real-time alerts. This heightened demand encourages manufacturers to innovate and diversify their product offerings, further expanding the market and meeting the evolving safety needs of consumers.

Restraint:

Limited effectiveness

Users rely on these devices for immediate assistance during emergencies, but if alarms fail to perform as expected due to weak sound output, short battery life, or poor connectivity confidence in their reliability diminishes. Instances where alarms do not deter attackers or fail to alert emergency contacts can lead to negative word-of-mouth and poor reviews, deterring potential buyers hampering the growth of the market.

Opportunity:

Growing popularity of smart wearables

Smart wearables with built-in safety features raise awareness about personal safety in general and with safety features are often sleek and discreet. Integration with existing devices like smart watches makes them readily accessible, potentially encouraging more consistent personal safety measures. These unique functionalities like fall detection, location tracking, and two-way communication, which can be more effective than traditional standalone alarms in certain situations, drive the growth of the market.

Threat:

Dependence on external factors

Higher crime rates typically drive demand for personal safety alarms, while favorable regulations and advancements in sensor technology enhance product capabilities and market penetration. Demographic shifts towards urbanization and an aging population also impact market growth, influencing consumer preferences for portable and reliable safety solutions hampering the market growth.

Covid-19 Impact:

Initially, widespread lockdowns and restrictions reduced demand due to decreased outdoor activities and travel. However, heightened awareness of personal safety and health concerns during the pandemic prompted a rebound in demand for personal safety alarms as people sought enhanced security measures. Additionally, the shift towards remote work and virtual learning increased interest in portable safety solutions. Manufacturers also adapted by emphasizing hygiene features and remote monitoring capabilities in their products.

The keychain alarms segment is expected to be the largest during the forecast period

The keychain alarms is expected to be the largest during the forecast period because these devices often equipped with loud sirens or lights activated by a simple pull or button press, appeal to individuals seeking convenient personal protection. They have expanded market reach by catering to diverse demographics, including students, elderly individuals, and urban commuters. Keychain alarms have also spurred innovation in design and functionality, integrating features such as GPS tracking and smartphone connectivity. Their affordability and ease of use have further bolstered market growth.

The fall detection & medical emergencies segment is expected to have the highest CAGR during the forecast period

The fall detection & medical emergencies segment is expected to have the highest CAGR during the forecast period as these advanced alarms automatically detect falls or health emergencies such as heart attacks and trigger immediate alerts to emergency contacts or monitoring centers. This capability not only provides peace of mind to users and caregivers but also expands the market into healthcare and eldercare sectors. The integration of GPS tracking and two-way communication further enhances functionality, making these alarms essential tools for independent living and emergency response, thereby driving market growth and innovation.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to the emergence of 5G technology and its applications assist the market to adopt new technologies which help the personal security alarms market to grow through the forecast period. Approximately 44% of the population is expected to adopt 5G in North America fuelling the growth of the personal safety alarms market.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period due to increasing awareness of personal safety issues and rising disposable incomes in the region. Countries like China, Japan, India, South Korea, and Australia are key contributors to market expansion. Factors such as urbanization, growing crime rates in some urban centers, and cultural shifts towards prioritizing personal safety are driving demand for portable and effective safety solutions. Additionally, the market benefits from the presence of both local and international manufacturers offering a range of products catering to diverse consumer preferences and needs.

Key players in the market

Some of the key players in Personal Safety Alarms market include ADT Security Services , BASU Corporation, Brinks, Daqri, Doberman Security Products Inc., Eaton Home Security, Force Impact Technologies Inc., General Electric Company, Honeywell International Inc., Huawei Technologies Co. Ltd., JNE Security Ltd., Mace Security International Inc., Qolsys, Revolar, Ring Alarm, Safelet B.V., SimpliSafe, Skyguard Limited and Vivint

Key Developments:

In July 2024, China’s Huizhou CHP Plant starts commercial operation, powered by GE Vernova’s hydrogen-ready H-Class equipment. New power plant is expected to deliver up to 1.34 gigawatts (GW) to the grid and steam for the industrial process of the chemical complex present in Huizhou

In April 2024, GE aerospace launches as independent, investment-grade public company following completion of GE vernova spin-off. This launch of ge aerospace marks successful completion of ge’s multi-year transformation.

In February 2024, Honeywell india partners with americares to transform healthcare and educational centers through its sustainable community development program. With a combined investment of over 6 crores in FY 2023-24, HHSIF and Americares have upgraded 48 PHCs and 6 schools across Maharashtra, Uttarakhand, and Tamil Nadu.

Product Types Covered:
• Keychain Alarms
• Mobile Phone App
• Standalone Devices
• Vehicle Safety Alarms
• Pendant & Wristband Alarms
• Panic Buttons
• Smart Personal Safety Alarms
• Flashlight Alarms
• GPS Alarms
• Other Products Types

Price Points Covered:
• Premium
• Medium
• Economy

Distribution Channels Covered:
• Online Retailers
• Offline Retailers
• Direct Sales

Technologies Covered:
• Networking
• Positioning
• Sensor
• Speech Recognition
• Other Technologies

Applications Covered:
• Individual & Women's Safety
• Fall Detection & Medical Emergencies
• Professional Use
• Travel Safety
• Intrusion Alerts & Emergency Response
• Emergency Response
• Other Applications

End Users Covered:
• Women
• Children
• Travelers
• Outdoor Enthusiasts
• Pet Owners
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements