Global Electronic Alarm Clock market will reach 210 million US$ by the end of 2025
Published Date: 2019/1/8
In an electric bell-style alarm clock, the bell is rung by an electromagnetic circuit and armature that turns the circuit on and off repeatedly.
Asia-Pacific has the largest global export quantity and manufacturers in Electronic Alarm Clock market, while the North America is the second sales volume market for Electronic Alarm Clock in 2017.
In the industry, SDI Technologies profits most in 2017 and recent years, while Philips Electronics and Braun ranked 2 and 3.The market share of them is 14.74%, 8.46% and 4.82% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of Electronic Alarm Clock, including LED and LCD. And LCD is the main type for Electronic Alarm Clock, and the LCD reached a sales volume of approximately 4616.67 K Unit in 2017, with 61.34% of global sales volume.
The global Electronic Alarm Clock market is valued at 140 million US$ in 2017 and will reach 210 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2018-2025.
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