Electric Buzzer Market Size, Share, Growth, Trends, Global Industry Analysis, By Type (Active Buzzer, Passive Buzzer) By Application (Household Equipment, Industrial Equipment, Public Equipment), Regional Forecast From 2024 To 2032

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Electric Buzzer Market Report Overview

The global electric buzzer market size was valued at approximately USD 0.48 billion in 2023 and is projected to touch USD 0.82 billion by 2032, growing at a CAGR of about 5.80% during the forecast period 2024 To 2032.

A buzzer is a sort of speaking device that converts audio models into sound signals. Typically, it acts as an alert or prompt. Another essential element is to include audio elements in our system or project. It is a highly strong and little device. It is simple to use on a breadboard or PCB because it is a two-pin device. As a result, most programmers regularly employ this component. The two technologies that are most often employed in buzzer designs are piezo and magnetic. Applications typically utilize piezo buzzers or magnetic buzzers, but the decision between the two is dependent on a number of variables. Piezo buzzers function at lower voltages and higher currents than magnetic buzzers, although usually being capable of higher maximum sound pressure levels, or SPL in its abbreviated form. However, because of their louder SPL, piezo buzzers need to have bigger footprints. It is frequently used in timers, alarm clocks, printers, computers, and other electronic equipment and is powered by DC voltage. Depending on the various designs, it may emit a range of sounds, including alarm, melody, bell, and siren. An electromagnet with two sets of wire coils wrapped around its opposing sides makes up the bulk of the buzzer, an electrical device that produces sound. The area between the two sets forms magnetic poles, and when they fiercely bounce back and forth and oppose one another, they cause vibrations in the coil known as "magnetic force" or eddy currents (eddy current). These vibrate at audible frequencies to produce high-pitched tones for use in audio applications like alarm clocks and the like, while lower pitches are employed for visual devices like tachometers.

The market is fueled by factors like rising adoption of passive piezo buzzers for various industrial applications that are more cost-effective than active piezo buzzers, growing popularity of passive piezo buzzers among manufacturers due to easy integration with other electrical components, and rising demand for piezoelectric buzzers in automotive electronics and home appliances due to their high durability and resistance against corrosion.

COVID-19 Impact: Halted Manufacturing of Semiconductors and Electronics to Stop the Growth of the Market

The global COVID-19 pandemic has been unprecedented and staggering, with the Electric Buzzer market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Both society and the economy have been significantly harmed by the COVID-19 outbreak. The pandemic has had an influence on the supply networks and value chains of several enterprises. Additionally, there is no exception in the buzzer market. Significant faults in the existing manufacturing method have been revealed by the epidemic and the supply chain was affected. It also had some detrimental repercussions on the market because of the demise of the car industry, the breakdown of the supply chain, and the lowered production. However, it is anticipated that the simplicity of limits and lockout will restore buzzer market development.

Latest Trends

"Increased Security Awareness in Shopping Centers and Public Areas Will Drive Market"

Buzzers are put in many public locations, including malls, to help security staff detect and locate intruders or unauthorized visitors. Alarms are set off when sensors detect an intruder, and they are then activated at all mall exit points. This helps to improve store monitoring and reduce occurrences of stealing.

Electric Buzzer Market Segmentation

• By Type Analysis

According to type, the market can be segmented into Active Buzzer, Passive Buzzer. Active Buzzer is anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into Household Equipment, Industrial Equipment, Public Equipment. Household Equipment will be the dominating segment.

Driving Factors

"Market Is Being Driven by The Installation of Wireless Buzzers in Tourist-Drawing Locations and Structures"

A growing number of ancient palaces, tourist destinations, monuments, museums, and other brick, stone, or marble structures are installing wireless magnetic buzzers. Installing a wired system can be problematic in such fragile structures since drilling is tough and usually ruins the structure. Wireless systems are easy to install and operate. In order to offer simple remote monitoring and management through an app, email notifications, or text alerts, wireless buzzers may interface with smart technologies and automation systems, such as smart locks, smart lighting, and smart thermostats.

"Increase in Usage of buzzers Expected to Drive the Market"

The market is being driven by an increase in the use of electric buzzers in smart meters, computers, phones, timers, pest repellents, and other items. The flexibility to be installed on printed circuit boards, low sound and high sound output, cheap cost, and a buzzer without a signal generator are just a few of the innovative characteristics that piezoelectric buzzers provide. Piezoelectric buzzers are increasingly being used in artificial intelligence and the Internet of Things (IoT) for integration and connection, which is propelling the market.

Restraining Factors

Fluctuating Price of Raw Materials to Restrain the Market

High initial installation costs and fluctuating raw material prices are anticipated to be some of the market growth inhibitors. Installation of wireless buzzers may be more expensive, pushing individuals to explore for alternatives.

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Electric Buzzer Market Regional Insights

"Asia Pacific Will Have the Largest Market Share Because of the Presence of Market Players"

Asia Pacific is anticipated to account for the greatest buzzer market share over the forecast period. Asia-Pacific has a monopoly on the global siren market, partly as a result of its dominance in the manufacture of semiconductor machinery and components. The region has had tremendous expansion in the automotive and industrial sectors at the same time as electric vehicles are being used extensively and other technical improvements are being made. Furthermore, China is home to several of the leading buzzer suppliers and producers. In addition, it is the largest exporter of goods, which boosts the nation's market value.

North America dominates the buzzer market after Asia Pacific. South America's rising automotive and medical device presence is assisting market expansion. Brazilian industry is strong because to its production of vehicles. The growth of the global car industry has allowed for investments in brand-new factories in Brazil. The continent of South America is renowned for having a large number of mining and mineral exploration locations. In terms of mining and refinery for petroleum products, Brazil is the global leader. Due to the mining of minerals and petroleum from incomprehensible depths and ocean floors, the nation's demand for very loud and waterproof electronic buzzers and alarms is rising.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

LIST OF TOP Electric Buzzer COMPANIES

• Ariose Electronics Co., Ltd.
• Kendrion (Mishawaka) LLC (U.S.)
• EAO Corporation (Switzerland)
• Floyd Bell, Inc. (U.S.)
• Tower Manufacturing Corp. (U.S.)
• Edwards (U.S.)
• Vynckier Enclosure Systems, Inc. (U.S.)
• RDI Connections (U.S.)
• SmartSens Technology (China)
• TDK (Japan)
• Kingstate (Taiwan)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.