Ability to Predict Weather to boost the Smart Umbrella Market Growth

Smart Umbrella Market
Smart Umbrella Market

 

Smart Umbrella Market By Type (Two Folding Umbrella, Three Folding Umbrella), By Application (Mens Umbrella, Ladies Umbrella) and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Size, Share, Outlook, and Opportunity Analysis, 2023-2030

Market Overview:

A smart umbrella is also known as oombrella which has a built-in sensor which gathers the temperature, humidity, pressure and real-time light data. The collected information is executed and then shared with other people using the same area making sure that everyone has the most approximate and updated outcomes. When then smart umbrella projects that it is going to rain, the tool sends an alert notification to the mobile reminding one to carry an umbrella and if one forgets the umbrella in any stores, shopping malls, restaurants and other  places the smart umbrella sends a message through a notification using a Bluetooth before one can move too far.

Competitive Landscape:

Key players involved jn the growth of global Smart Umbrella Market are Hedgehog, SwissTek, Kisha, Senz, Weatherman, Davek, Blunt, Lotosblume and Boy.

Market Key Drivers:

Capability to monitor and predict the weather is expected to boost the growth of the global smart umbrella market. For instance, For instance, in 2018 HAZ Digital Company introduced a smart umbrella known as HAZ Umbrella which would help monitor the weather conditions.

The rising launches and approvals of the products is projected to propel the growth of global smart umbrella market. For instance, in December 2019, OK Umbrella. Co Ltd created its smart umbrella Amrzzi which has a smart chip handle and it can be connected to mobile phone.

Covid-19 Impact Analysis:

The Covid-19 outbreak has adversely affected the growth of global smart umbrella market due to the rise in pandemic cases which has led to the strict imposition of lockdown and closure of all manufacturing and production units. The disruption in supply chain and halt in the supply of raw materials has impeded the market growth.

Key Takeaways:

Among regions, North America, Europe, and Asia Pacific are expected to witness robust growth in the global smart umbrella market due to increasing demand of smart umbrella, increasing approvals and launches and rising collaborations and acquisitions. For instance, in December 2019 Weathermen Umbrella partnered with AJGA to fulfil golfer necessities. 

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