Acoustic Hailing Devices Market Size – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2030
Overview
The Acoustic Hailing Devices Market size was valued at USD 849.67 Million in 2023 and the total Acoustic Hailing Devices revenue is expected to grow at a CAGR of 4.8% from 2024 to 2030, reaching nearly USD 1179.73 Million.
Acoustic Hailing Devices Market Introduction:
An acoustic hailing device is a loudspeaker that is specially designed to releases high-power sound waves for communication. The increasing demand for portable acoustic hailing devices from the police force, fire brigade, and rescue workers are booming the growth of the acoustic hailing devices market. Portable acoustic hailing devices are lightweight, handheld devices that make them easy to be fitted in vehicles and transported from one place to another place.
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Acoustic Hailing Devices Market Dynamics:
The growing demand for portable AHDs is one of the primary factors driving the growth of the acoustic hailing devices market. Portable AHD's are handheld devices and can be easily transported to various locations. These devices are lightweight and self-contained and have the ability to easily attach to any hardware, eliminating the need for tripods or mounting frames. Owing to such advantages, they are extensively used by police forces, fire brigades, and rescue workers, and also in applications such as bird control and civil defense operations. Total global military expenditure was recorded to be at $1917 billion in 2019, according to data from the Stockholm International Peace Research Institute (SIPRI). The total global military expenditure for 2019 represents an increase of 3.6% from 2018 and the largest annual growth in spending since 2010. Leading companies in the acoustic hailing devices market are investing significant capital in R&D to develop superior products. Companies are introducing advanced products with superior voice intelligibility.
Ultra Electronics- British Company serving the defense, security, and critical detection & control markets have introduced the Hyperspike HS-10 portable acoustic device. The device comes with superior voice intelligibility and is more suitable for applications including law enforcement and campus security. Exceeding traditional amplifiers and common hailing devices, the HS-10 provides clear and intelligible commands to targets with an STI rating of 0.85 out of 1.0.
Acoustic Hailing Devices Market Segment Analysis:
LRAD speakers are extremely portable. They are designed to be handheld, or mounted on vehicles, allowing for quick deployment and orientation changes. LRAD systems are a type of Acoustic Hailing Device (AHD), used to send messages over long distances. LRAD voice broadcast systems enable new methods of policing that protect the public and law enforcement officers by promoting safer initial interactions. Using LRAD systems to communicate from safe standoff distances provides more time for mutual assessment, interaction and de-escalation is helping the market boost.
An issue that has come into mainstream public discourse recently is the use of force against protesters in recent marches in support of the Black Lives Matter movement across the country. Many police departments across the US have used Long Range Acoustic Device (LRAD) systems to aid in directing crowds and dispersing protesters, such as in the Lafayette Square protests on June 2, 2022.
Acoustic Hailing Devices Market Regional Insights:
The Asia Pacific is likely to dominate the global acoustic hailing devices market from 2023 to 2030. The increase in the use of acoustic hailing devices in different applications such as bird control is projected to spur the growth of the acoustic hailing devices market in this region. Also, extensive use of acoustic hailing devices for several applications including commercial security, coastal security, border patrol and public safety in different countries across the Asia Pacific is increasing the market demand in the region.
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| Acoustic Hailing Devices Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 849.67 Mn. |
| Forecast Period 2024 to 2030 CAGR: | 4.8% | Market Size in 2030: | USD 1179.73 Mn. |
| Segments Covered: | by Type | Long Range Acoustic Hailing Devices Short Range Acoustic Hailing Devices |
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| by Directionality | Directional models Omnidirectional models |
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| by Application | Government Sector Commercial Sector Others |
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Acoustic Hailing Devices Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Acoustic Hailing Devices Market, Key Players are:
1. Argo-A Security
2.IMLCORP
3.LRAD Corporation
4.Summit Engineering Corporation
5.Ultra Electronics Holdings
6.CRD Protection AB
7.Genasys , INC
8.Acentech
9.IPS Securex
10. Torrence Sound
11.Nixalite
12.Eltem Corp
13.Pramacom Optics and Communication
14.Stentor
15.Inform Technology Solutions
16.STG Media Systems
Frequently Asked Questions:
1. Which region has the largest share in Global Market?
Ans: Asia Pacific region held the highest share in 2023.
2. What was the Global Acoustic Hailing Devices Market size in 2023?
Ans: The Global Acoustic Hailing Devices Market size was USD 849.67 Million in 2023.
3. What is scope of the Global Market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Market?
Ans: The important key players in the Global Market are – Argo-A Security, IMLCORP, LRAD Corporation, Summit Engineering Corporation, Ultra Electronics Holdings, CRD Protection AB, Genasys , INC, Acentech, IPS Securex, Torrence Sound, Nixalite, Eltem Corp, Pramacom Optics and Communication, Stentor, Inform Technology Solutions, STG Media Systems.
5. What is the study period of this Market?
Ans: The Global Market is studied from 2023 to 2030.