Acoustic Hailing Devices Market is segmented by Type (Long Range Acoustic Hailing Devices and Short Range Acoustic Hailing Devices), and by Application (Government Sector, Commercial Sector, and Others), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)
Acoustic hailing device market size shall reach a value $xx million in 2027,growing with a CAGR of 10.55% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
An acoustic hailing device is a special loudspeaker that is used in releasing high power sound waves to enable communications at a distance. Some of the devices are portable and can be carried in vehicles or hand-held.
Market players are investing in developments of advanced products with superior quality voice. LRAD Corporation designed a Long Range Acoustic Device that can send warning messages and tones over long distances instead of using the normal loud speakers. They can be easily used in operations requiring crowd control. Summit Engineering Corporation designed a portable acoustic hailing device thats easy to use in civil defense, marine and the military.
Portable acoustics are efficiently used by police, fire fighters and rescue workers during operations. The long range acoustic devices are powerfully applied in tactical standoffs, active shooter events, demonstrations and for disaster management and control. Applications are in government, commercial and other sectors, with the government sector having the largest market share due to utilisation in public safety, defense, and law enforcement. Asia Pacific region is the market dominator of acoustic hailing devices market.
In May 2020, Genasys Inc, a global provider of critical communication systems and solutions received a $12.6 million follow-on order from the US Army for LRAD 450XL acoustic hailing devices, spares and accessories. That was the companys third LRAD 450XL order received, with another one on the way.
Acoustic Hailing Devices Market Growth and Trends
Driving factors for the industry :
• The growing demand for portable acoustic hailing devices (AHDs) owing to rapid urbanisation and disposable consumer income in developed and developing countries across the globe is expected to ensure a positive impact on the growth and demand of the acoustic hailing devices market.
• Portable acoustic hailing devices are lightweight, handheld devices which make them easy to be fitted in vehicles and transported from one place to another place owing to it’s high demand and significant growth.
• These portable acoustic hailing devices are extensively used in fields involving fire brigade, police force, and rescue workers and also are used in civil defence and bird control operations leading to it’s further growth.
• Development of new technologies like LRAD Corporation which has developed an acoustic hailing device, named as long range acoustic device (LRAD) to send warning tones and messages over long distances rather than using normal loudspeakers is propelling the market’s growth being widely used for non-kinetic, non-lethal crowd control due to this feature of long range acoustic devices.
• The police and defence forces are consistently using long range acoustic devices on a large scale because they are powerful and versatile instruments of communication at tactical standoffs, active shooter events, demonstrations, and in case of natural disasters or unforeseen circumstances.
• Leading companies and market players in the acoustic hailing devices market are investing significant capital in R&D (Research & Development) to develop superior products. Companies are introducing advanced products with superior voice intelligibility which are extensively used in campus security and law enforcement.
• Summit Engineering Corporation has already introduced a portable device that can be utilized in the civil defence, marine, and military sector pertaining to it’s further growth. Hence acoustic hailing device manufacturers are providing huge investments to develop superior products is expected to be another major factor driving the growth of the acoustic hailing devices market in the upcoming years.
• The demand for Acoustic Hailing Devices has also been increasing significantly due to the advent of downsized engines with turbochargers, as well as the increasing adoption of a hybrid power train. Further, the high optimization of supply chain operations and applications on other logistics sector are expected to create a positive outlook for the Acoustic Hailing Devices Market share over the forecast period.
Challenges for the industry : Fluctuation in the price ranges of the raw materials for manufacturing of these acoustic hailing devices is a challenging factor hampering the growth of the Acoustic Hailing Devices market.
Acoustic Hailing Devices Market Regional Analysis
Acoustic Hailing Devices Market Share and Competition
Key companies operating in this industry are: Argo-A Security, IMLCORP, LRAD Corporation, Summit Engineering Corporation, and Ultra Electronics Holdings. Other industries in this domain that is growing at a high CAGR include Outdoor Power Equipment Market and Tow Tractors Market.
Acoustic Hailing Devices Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Long Range Acoustic Hailing Devices
• Short Range Acoustic Hailing Devices
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Government Sector
• Commercial Sector
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Acoustic Hailing Devices Market Companies
• Argo-A Security
• LRAD Corporation
• Summit Engineering Corporation
• Ultra Electronics Holdings
Available Versions: -
United States Acoustic Hailing Devices Market Research Report
Europe Acoustic Hailing Devices Market Research Report
Asia Pacific Acoustic Hailing Devices Market Research Report
India Acoustic Hailing Devices Market Research Report
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