Market Overview:
The global LED electronic alarm clock market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED electronic alarm clocks in home and travel applications. In terms of type, the rechargeable segment is expected to dominate the global LED electronic alarm clock market during the forecast period. This can be attributed to the increasing demand for eco-friendly products and rising awareness about energy conservation among consumers. In terms of application, home use is expected to account for a major share of the global LED electronic alarm clock market during the forecast period.
Product Definition:
An LED electronic alarm clock is a clock that uses light-emitting diodes (LEDs) to indicate the time. They are often used in place of traditional alarm clocks, which use an analog or digital display. LED electronic alarm clocks are often smaller and more energy-efficient than traditional alarm clocks, and they can be programmed to display different colors to indicate the time.
Chargeable:
The global chargeable market is expected to witness significant growth over the forecast period. The major factor that propels the market growth includes increasing demand for energy-efficient products. Moreover, growing environmental concerns such as high carbon emission rates and depletion of natural resources have resulted in an increased focus on renewable sources of energy, which is also a key driver for this industry’s development.
Non-Rechargeable:
Non-rechargeable batteries are used in LED electronic alarm clocks to power the on/off switch and the display. The clock uses this battery to keep track of time, date, and also has a snooze feature that allows the user to sleep for a certain period. These types of batteries are used because they have high energy density which means more power is available for use in small devices such as an LED electronic alarm clock.
Application Insights:
The home use application segment led the global LED electronic alarm clock market in 2017. This is attributed to increasing consumer preference for smart devices at home and work, which enables easy access to bedtime routines. Furthermore, rising demand for energy-efficient products has been driving the adoption of LED clocks in residential applications across the globe.
The other application segment includes commercial and industrial uses of these clocks. Increasing working professionals population globally has been a major factor contributing to product demand from this sector over the forecast period. In addition, manufacturers are introducing new models with enhanced features that appeal more towards this demographic group thereby driving their sales further over the next few years.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of advanced energy-efficient technologies in developing countries, such as China and India. Moreover, rising demand for smart devices with internet connectivity is anticipated to drive industry expansion over the next eight years.
North America LED clock market was valued at USD X billion in 2017 owing to growing preference towards technologically advanced products with enhanced features across various price categories within this region. Europe also held a significant share due to high concentration of electronic device manufacturers within this region that drives product sales every year; however, it is anticipated not enough compared with Asia Pacific during the forecast period from 2018 through 2030 to account for a major chunk of global revenue share).
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products
- Rising disposable income of consumers
- Technological advancements in LED alarm clocks
- Growing popularity of multifunctional LED alarm clocks
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Electronic Alarm Clock Market Research Report
By Type
Chargeable, Non-Rechargeable
By Application
Home Use, Travel Use, Other
By Companies
SDI Technologies, Philips Electronics, Braun, Emerson Radio Corporation, LEXON, Oregon Scientific, Westclox, Compas, Sonic Alert, Acctim, AcuRite, La Crosse Technology, Gingko Electronics, Polaris Clock, SONY, Reida, Electrohome
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global LED Electronic Alarm Clock Market Report Segments:
The global LED Electronic Alarm Clock market is segmented on the basis of:
Types
Chargeable, Non-Rechargeable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Travel Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SDI Technologies
- Philips Electronics
- Braun
- Emerson Radio Corporation
- LEXON
- Oregon Scientific
- Westclox
- Compas
- Sonic Alert
- Acctim
- AcuRite
- La Crosse Technology
- Gingko Electronics
- Polaris Clock
- SONY
- Reida
- Electrohome
Highlights of The LED Electronic Alarm Clock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chargeable
- Non-Rechargeable
- By Application:
- Home Use
- Travel Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Electronic Alarm Clock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED Electronic Alarm Clock is a digital alarm clock with LED display. It has many features such as time, date, alarm settings and snooze timer.
Some of the key players operating in the led electronic alarm clock market are SDI Technologies, Philips Electronics, Braun, Emerson Radio Corporation, LEXON, Oregon Scientific, Westclox, Compas, Sonic Alert, Acctim, AcuRite, La Crosse Technology, Gingko Electronics, Polaris Clock, SONY, Reida, Electrohome.
The led electronic alarm clock market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Electronic Alarm Clock Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LED Electronic Alarm Clock Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Electronic Alarm Clock Market - Supply Chain
4.5. Global LED Electronic Alarm Clock Market Forecast
4.5.1. LED Electronic Alarm Clock Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Electronic Alarm Clock Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Electronic Alarm Clock Market Absolute $ Opportunity
5. Global LED Electronic Alarm Clock Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LED Electronic Alarm Clock Market Size and Volume Forecast by Type
5.3.1. Chargeable
5.3.2. Non-Rechargeable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Electronic Alarm Clock Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LED Electronic Alarm Clock Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Travel Use
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Electronic Alarm Clock Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LED Electronic Alarm Clock Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LED Electronic Alarm Clock Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LED Electronic Alarm Clock Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LED Electronic Alarm Clock Demand Share Forecast, 2019-2026
9. North America LED Electronic Alarm Clock Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LED Electronic Alarm Clock Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LED Electronic Alarm Clock Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Travel Use
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Electronic Alarm Clock Market Size and Volume Forecast by Type
9.7.1. Chargeable
9.7.2. Non-Rechargeable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LED Electronic Alarm Clock Demand Share Forecast, 2019-2026
10. Latin America LED Electronic Alarm Clock Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LED Electronic Alarm Clock Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LED Electronic Alarm Clock Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Travel Use
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Electronic Alarm Clock Market Size and Volume Forecast by Type
10.7.1. Chargeable
10.7.2. Non-Rechargeable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LED Electronic Alarm Clock Demand Share Forecast, 2019-2026
11. Europe LED Electronic Alarm Clock Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LED Electronic Alarm Clock Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LED Electronic Alarm Clock Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Travel Use
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Electronic Alarm Clock Market Size and Volume Forecast by Type
11.7.1. Chargeable
11.7.2. Non-Rechargeable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LED Electronic Alarm Clock Demand Share, 2019-2026
12. Asia Pacific LED Electronic Alarm Clock Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LED Electronic Alarm Clock Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LED Electronic Alarm Clock Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Travel Use
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Electronic Alarm Clock Market Size and Volume Forecast by Type
12.7.1. Chargeable
12.7.2. Non-Rechargeable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LED Electronic Alarm Clock Demand Share, 2019-2026
13. Middle East & Africa LED Electronic Alarm Clock Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LED Electronic Alarm Clock Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LED Electronic Alarm Clock Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Travel Use
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Electronic Alarm Clock Market Size and Volume Forecast by Type
13.7.1. Chargeable
13.7.2. Non-Rechargeable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LED Electronic Alarm Clock Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Electronic Alarm Clock Market: Market Share Analysis
14.2. LED Electronic Alarm Clock Distributors and Customers
14.3. LED Electronic Alarm Clock Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SDI Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips Electronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Braun
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emerson Radio Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LEXON
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oregon Scientific
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Westclox
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Compas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sonic Alert
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Acctim
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AcuRite
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. La Crosse Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gingko Electronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Polaris Clock
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SONY
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Reida
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Electrohome
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
