New York, United States, Nov. 09, 2022 (GLOBE NEWSWIRE) -- When someone gets into water unintentionally and is unable to swim or float, they may become drowning. Because of the rising population, increased travel possibilities, and expanding water safety concerns, fatalities are on the rise. Increased awareness about drowning prevention among pool users and operators of swimming pools, spas, and other water-dependent facilities is one factor that is driving the popularity of anti-drowning systems. Moreover, this market is projected to grow as autonomous vehicle development continues to increase.
The European Union has set safety requirements for bath seats, bath rings, bathing aids, and stands to prevent drowning incidents. Anti-drowning system alerts are being installed at public and residential pools in the U.K. The rising incidents of drowning fatalities among children under the age of six in swimming pools, adults over the age of 45 at sea, and mid-aged adults in rivers or streams have compelled officials to increase safety levels for all swimmers. The region is installing computer-aided drowning detection systems that work by analyzing the texture, volume, and movement of the water.
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Report Scope
| Report Metric | Details |
| Market Size | USD 98.86 million by 2030 |
| CAGR | 4.3% (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | by Type (Mounted, Wearable), Application (Commercial, Residential) |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | Variopool, Swim Eye, Poolview Limited, Coral Detection System, Sentag, SEAL SwimSafe, Poseidon Technologies, and AngelEyeAmong these, Poseidon Technologies |
| Key Market Opportunities | Increasing Prevalence Of The Semiconductor & Electronics Industry Enhances The Expansion Of The Anti-Drowning System Market Share |
| Key Market Drivers | The rising popularity of condominiums and large residential complexes |
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Regional Analysis
In 2019, North America held a dominant 55–58% active share of the market, dominating the industry. Children are dying from drowning more frequently in North America. According to the Centers for Disease Control and Prevention, there are around ten drowning deaths and 15,000 registrations for nonfatal submersion injuries every day in the United States. In the US, drowning ranks second among causes of mortality for kids aged 5 to 9 and first for kids aged 1-4.
Within the market scope, Europe holds a special position owing to the region's stringent safety regulations on swimming pools and their operations.
The European Union is encouraging the use of wearable life jackets by increasing distribution and educating and supervising people within the swimming pool environment. The U.K. government is also supporting technological developments that can enhance the role of life suits by adding an additional layer of safety and providing first aid in emergencies.
Market Highlights
- The global anti-drowning system market size was valued at USD 67.68 million in 2021. It is projected to reach USD 98.86 million by 2030, growing at a CAGR of 4.3% during the forecast period (2022-2030).
- The residential segment by application is estimated to grow at a CAGR of 3.9% during the forecast period. The rising drowning incidents among children in bathtubs, residential swimming pools, and others due to negligence of parents, which can be further attributed to hectic schedules, and the poor construction of bathing/swimming premises in homes have increased the need for effective safety measures in residential pools.
- The indirect sales channel is expected to grow at a CAGR of 3.8%, propelled by the increasing number of credit card owners and favorable transaction schemes and discounts that have reduced manufacturers' financial risk.
- North America Dominates the Market with More Than Half the Global Value Share.
Some of the key players operating in the market are
- Variopool
- Swim Eye
- Poolview Limited
- Coral Detection System
- Sentag
- SEAL SwimSafe
- Poseidon Technologies
- AngelEye
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Market Segmentation
By Type
- Mounted
- Wearable
By Application
- Residential
- Commercial
By Region
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
TABLE OF CONTENT
1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Market Overview
3.1 Report Segmentation & Scope
3.2 Value Chain Analysis: Anti-Drowning System Market
3.3 Key Market Trends
3.3.1 Drivers
3.3.2 The Restraints
3.3.3 Opportunities
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of Substitution
3.4.4 Threat of New Entrants
3.4.5 Competitive Rivalry
3.5 Impact of Corona on the Market
3.6 Market Share Analysis
4 Type Overview
4.1 Introduction
4.1.1 Market Size & Forecast, 2020-2030 (USD Million)
4.2 Mounted
4.2.1 Market Size & Forecast, 2020-2030 (USD Million)
4.3 Wearable
4.3.1 Market Size & Forecast, 2020-2030 (USD Million)
5 Application Overview
5.1 Introduction
5.1.1 Market Size & Forecast, 2020-2030 (USD Million)
5.2 Commercial
5.2.1 Market Size & Forecast, 2020-2030 (USD Million)
5.3 Residential
5.3.1 Market Size & Forecast, 2020-2030 (USD Million)
6 Regional Analysis
6.1 Introduction
6.1.1 Market Size & Forecast, 2020-2030 (USD Million)
6.2 North America
6.2.1 Market Size & Forecast, 2020-2030 (USD Million)
6.2.2 The U.S.
6.2.2.1 By Type
6.2.2.2 By Application
6.2.3 Canada
6.2.3.1 By Type
6.2.3.2 By Application
6.2.4 Mexico
6.2.4.1 By Type
6.2.4.2 By Application
6.3 Europe
6.3.1 Market Size & Forecast, 2020-2030 (USD Million)
6.3.2 Germany
6.3.2.1 By Type
6.3.2.2 By Application
6.3.3 France
6.3.3.1 By Type
6.3.3.2 By Application
6.3.4 The U.K.
6.3.4.1 By Type
6.3.4.2 By Application
6.3.5 Italy
6.3.5.1 By Type
6.3.5.2 By Application
6.3.6 Spain
6.3.6.1 By Type
6.3.6.2 By Application
6.3.7 Benelux
6.3.7.1 By Type
6.3.7.2 By Application
6.3.8 Russia
6.3.8.1 By Type
6.3.8.2 By Application
6.3.9 The Rest of Europe
6.3.9.1 By Type
6.3.9.2 By Application
6.4 Asia Pacific
6.4.1 Market Size & Forecast, 2020-2030 (USD Million)
6.4.2 Japan
6.4.2.1 By Type
6.4.2.2 By Application
6.4.3 China
6.4.3.1 By Type
6.4.3.2 By Application
6.4.4 Australia
6.4.4.1 By Type
6.4.4.2 By Application
6.4.5 India
6.4.5.1 By Type
6.4.5.2 By Application
6.4.6 South Korea
6.4.6.1 By Type
6.4.6.2 By Application
6.4.7 Southeast Asia
6.4.7.1 By Type
6.4.7.2 By Application
6.4.8 Taiwan
6.4.8.1 By Type
6.4.8.2 By Application
6.4.9 The Rest of Asia-Pacific
6.4.9.1 By Type
6.4.9.2 By Application
6.5 MEA
6.5.1 Market Size & Forecast, 2020-2030 (USD Million)
6.5.2 Saudi Arabia
6.5.2.1 By Type
6.5.2.2 By Application
6.5.3 South Africa
6.5.3.1 By Type
6.5.3.2 By Application
6.5.4 The UAE
6.5.4.1 By Type
6.5.4.2 By Application
6.5.5 Egypt
6.5.5.1 By Type
6.5.5.2 By Application
6.5.6 The Rest of MEA
6.5.6.1 By Type
6.5.6.2 By Application
6.6 South America
6.6.1 Market Size & Forecast, 2020-2030 (USD Million)
6.6.2 Brazil
6.6.2.1 By Type
6.6.2.2 By Application
6.6.3 Argentina
6.6.3.1 By Type
6.6.3.2 By Application
6.6.4 Chile
6.6.4.1 By Type
6.6.4.2 By Application
6.6.5 Peru
6.6.5.1 By Type
6.6.5.2 By Application
6.6.6 The Rest of South America
6.6.6.1 By Type
6.6.6.2 By Application
7 Company Profile
7.1 Variopool
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Recent Developments
7.1.4 Product Portfolio
7.2 SwimEye
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Recent Developments
7.2.4 Product Portfolio
7.3 Poolview Limited
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Recent Developments
7.3.4 Product Portfolio
7.4 Coral Detection System
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Recent Developments
7.4.4 Product Portfolio
7.5 Sentag
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Recent Developments
7.5.4 Product Portfolio
7.6 SEAL SwimSafe
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Recent Developments
7.6.4 Product Portfolio
7.7 Poseidon Technologies
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Recent Developments
7.7.4 Product Portfolio
7.8 AngelEye
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Recent Developments
7.8.4 Product Portfolio
Table of Content and Figure @ https://straitsresearch.com/report/anti-drowning-system-market/toc
Market News
- AngelEye adopts an inorganic growth approach that emphasizes product improvement/development and innovation. For instance, in 2016, AngleEye launched AngelEye Splashdown, which is specially designed for public pools and water parks.
News Media
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