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Alarm Systems And Equipment Market Analysis With Key Players, Applications, Trends And Forecast To 2031
Alarm Systems And Equipment Market
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The global alarm systems and equipment market report by the business research company increasing investments in smart homes to be a major growth driver for the alarm systems and equipment market. Consumers are more focusing on security than before, mostly in residential areas with an increase in crime rates. Smart home devices such as smart alarms and related equipment is being preferred by households to be more safe and secure. As reported by home burglary statistics, homes without security systems are 300% more likely to be vulnerable to burglary. According to the Metropolitan Police Department, homicide and motor vehicle theft rates have increased by 22% and 49% in Washington D.C between 2019 and 2020, in addition to this in the U.S. the rate of aggravated assault rose nearly 12% between 2019 and 2020, and the overall violent crime rate in the U.S. also increased in 2020, by about 5%, which emphases the future potential for the alarm system, and equipment.
The global alarm systems and equipment market grew from $5.11 billion in 2021 to $5.53 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The alarm systems and equipment market is expected to grow to $6.73 billion in 2026 at a CAGR of 5.0%.
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Major players in the alarm systems and equipment market are ADT, Moni, Honeywell , Securitas, UTC, Schneider, Johnson Controls, Vivint, Vector Security, Bosch, Vivint and Siemens AG
The global alarm systems and equipment market is segmented -
1) By Communication Technology: Wired Telecommunication Network, Cellular Wireless Network, Wireless Radio Network, IP Network
2) By Offering: System Hardware, Solutions
3) By End-User: Residential , Commercial, Industrial
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The Alarm systems and equipment market Report Contents Include
1. Executive Summary
2. Alarm Systems And Equipment Market Characteristics
3. Alarm Systems And Equipment Market Trends And Strategies
4. Alarm Systems And Equipment Market - Macro Economic Scenario
5. Alarm Systems And Equipment Market Size And Growth
........
26. Africa Alarm Systems And Equipment Market
27. Alarm Systems And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Alarm Systems And Equipment Market
29. Alarm Systems And Equipment Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the alarm systems and equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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