Acoustic Hailing Devices Market Size and Forecast - 2031

Analyst Perspective

The acoustic hailing devices market has witnessed growth over the past few years. The coming years will bring significant growth with various favorable factors aiding the market. The global political factor is one of the major contributors to the market's growth. These devices are widely used by the military during protests and riots to control the crowd. Public protests and riots around the world are driving the need for the devices. As the need for public safety, defense, and law enforcement increases, so will the demand for acoustic hailing devices.

Market Overview

An acoustic hailing device is a specialized loudspeaker used for emitting high-power sound waves for long-range communication. These devices project intelligible audio over long distances by focusing sound waves into a concentrated beam. Acoustic hailing devices are used in defense, law enforcement, maritime, and public safety industries. Out of these sectors, the global military has significantly increased its expenditure, and keeping law and order is one of the biggest concerns. Countries like India, China, Russia, Saudi Arabia, and the US were at the forefront of military spending. The global acoustic hailing devices market is expected to grow with a CAGR of about 13.1% during the forecast period.

Market Driver

Government spending is not going to stop

As tensions all over the world are rising due to various political and economic concerns, the need for acoustic hailing devices is increasing in the market. This is leading to an increase in investment in acoustic hailing devices by governments worldwide. The increase in spending will result in the growth of the acoustic hailing device market during the forecast period.

Market Scope

The "Global Acoustic Hailing Devices Market Analysis to 2031" is an in-depth study of the electronics and semiconductor industry with a particular focus on the global market trend analysis. The aim of the report is to provide an overview of the acoustic hailing devices market with detailed market segmentation by type, application, and geography. The global acoustic hailing devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acoustic hailing devices market players and offers key trends and opportunities in the acoustic hailing devices market.

Market Segmentation

The global acoustic hailing devices market is segmented on the basis of type, application, and geography. On the basis of type, the market is segmented into long range acoustic hailing devices and short range acoustic hailing devices. On the basis of application, the market is segmented as government, commercial, and others.

REGIONAL FRAMEWORK

The report provides a detailed industry overview, including qualitative and quantitative information. It provides an overview and forecast of the global acoustic hailing devices market based on various segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. Each region's acoustic hailing devices market is later sub-segmented by respective countries and segments. The report covers an analysis and forecast of 18 countries globally, along with current trends and opportunities prevailing in the region.

The report analyzes factors affecting the acoustic hailing devices market from both demand and supply and further evaluates market dynamics that are impacting the acoustic hailing devices market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. ArgoThe report also provides an exhaustive PEST analysis for all five regions, namely North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting these regions' acoustic hailing devices market.

MARKET PLAYERS

The reports cover key acoustic hailing devices market developments as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players in the acoustic hailing devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for acoustic hailing devices in the global market. Below mentioned is the list of a few companies engaged in the acoustic hailing devices market.

The report also includes the profiles of key acoustic hailing device companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• Argo-A Security LLC
• Stantor AHD
• IPS Securex
• Ultra Electronics
• IMLCORP
• Genasys Inc.
• CRD Protection AB
• Guangzhou DSPPA Audio Co., Ltd.
• Senken Group Co., Ltd.
• Drumgrange Ltd

Acoustic Hailing Devices Report Scope