Global Alarm Clock Market Size, Share and Trends Analysis Report, by Type (LED and LCD), and by Application (Home Use and Travel Use), Forecast Period (2022-2028)

The global alarm clock market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022-2028). The global alarm clock market is growing due to the increasing advancement by the major market players in the development of the alarm clock. Alarm clocks have several advantages starting from households, educational institutions such as school, and some industries for efficient management and are expected to boost the growth of the market. With the changing consumer lifestyle, the major market players have made some major changes in the alarm clocks and are available in different varieties such as pea keep twin bell, smart wearable smartwatches, flying alarm clocks, wake up light alarm clocks, and so on. The increasing innovation of different types of alarm clocks to fulfill the demand of the consumers is also anticipated to propel the growth of the market. The wide acceptance of alarm clocks globally is  driving the market demand.

Moreover, alarm clocks are commonly used in the household to manage daily life activities on time such as waking up or going back to sleep and as a reminder for medicines and going out for some important meetings and so on. Schools also use the alarm to operate their usual activity. The increasing advantages of the alarm clock in the daily lifestyle of an individual are also augumented to propel the growth of the market. The technological advancement in alarm clocks and the adoption of IoT technology with advanced features like a weather report, smart wearables, to set reminders for the day are further boosting the growth of the global alarm clock market during the forecast period.

Some major players in the market include Emerson Radio, Koninklijke Philips N.V., Rhythm USA, Inc., Sangean Electronics, Inc. SDI Technologies, Inc., Sony Corp, and The White Company, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new launches, to stay competitive in the market. For instance:

• In November 2020, Timex.com, Inc. announced that their new product Timex alarm clock with wireless charging support has been certified by Wireless Power Consortium.
• In September 2020, Lenovo launcheda new Google Assistant-powered alarm clock called the Smart Clock Essential as an update to its Smart Clock.
• In January 2020, Xiaomi Global Community launched the Xiaomi ZMI alarm clock speaker which can provide a battery life of up to 72 hours on a single charge.

Market Coverage

• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Emerson Radio, Koninklijke Philips N.V., Rhythm USA, Inc., Sangean Electronics, Inc. SDI Technologies, Inc., Sony Corp, and The White Company, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Alarm Clock Market Report by Segment

By Type

• LED
• LCD

By Application

• Home use
• Travel use

Global Alarm Clock Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa