Buzzer Market 2021
The Global Buzzer Market was valued at USD 591.9 million in 2019. It is estimated to grow at a CAGR of 5.6% during the forecast period (2020–2029), against a backdrop of modernization, changing consumer lifestyles, and increasing adoption in vehicles and smart electronics.
Magnetic and piezo buzzers’ compatibility with IoT technologies drives their adoption in modern automobiles and electric vehicles. On the consumer electronics front, they find applications in smart electronics such as earphones and wearables.
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Years that have been considered for the study of this report are as follows:
Buzzer Market: Segmentation
By Type
By Application
Monuments & Buildings of Architectural Importance Present an Opportunity for Wireless Buzzers
Historic palaces, tourist spots, monuments, museums, and other brick, stone, or marble structures present an opportunity for wireless piezo and magnetic buzzers. The installation of a wired system can prove to be difficult in such delicate structures as drilling is challenging and often damages the structure. Wireless systems are easy to install and operate. Smart technology and automation systems, such as smart locks, smart lights, and smart thermostats, can sync with wireless buzzers, enabling easy monitoring and remote control through an app, email alerts, or text alerts.
Regional Segmentation:
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Buzzer Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
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