Industry

Burglar Alarm Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage:by Components (Central Monitoring Receiver, Alarm Sensors, Remote Terminal Unit, Others); End-Users (Residential, Small and Medium Enterprises) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00009537

No. of Pages : 150
Published Month : Apr 2024
Category : Electronics and Semiconductor

The Burglar Alarm Market is expected to register a CAGR of 7.0% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Components (Central Monitoring Receiver, Alarm Sensors, Remote Terminal Unit, Others); End-Users (Residential, Small and Medium Enterprises); Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South and Central America).
The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Burglar Alarm Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Burglar Alarm Market Segmentation

Components

  • Central Monitoring Receiver
  • Alarm Sensors
  • Remote Terminal Unit
  • Others

End-Users

  • Residential
  • Small and Medium Enterprises

Burglar Alarm Market Growth Drivers

  • Increasing Crime Rates: The rise in burglary and property crime rates globally has heightened the demand for effective security solutions. Homeowners and businesses are increasingly investing in burglar alarms to protect their assets. Enhanced awareness of personal safety and security has led to a surge in demand for advanced alarm systems that offer real-time alerts and monitoring.
  • Technological Advancements: Innovations in technology, such as smart home integration, mobile app control, and remote monitoring capabilities, have transformed burglar alarm systems. Modern alarms now incorporate features like video surveillance, motion sensors, and smart notifications, attracting tech-savvy consumers and driving market growth.
  • Government Initiatives: Many governments are implementing policies and initiatives aimed at improving public safety, which often include incentives for installing security systems. These measures not only promote the adoption of burglar alarms but also create awareness about the importance of security systems, thereby driving market demand.

Burglar Alarm Market Future Trends

  • DIY Security Solutions: The trend toward do-it-yourself (DIY) security systems is gaining traction, as consumers seek cost-effective and user-friendly solutions. These systems often come with easy installation processes and mobile app functionalities, allowing users to monitor their properties without professional installation. This trend is reshaping the burglar alarm market, appealing particularly to younger, tech-savvy consumers.
  • Subscription-Based Monitoring Services: Many burglar alarm companies are shifting towards subscription-based models for monitoring services. This trend allows consumers to access professional monitoring at a lower upfront cost, making security systems more accessible. Additionally, these services often include regular updates and maintenance, enhancing the customer experience and fostering long-term relationships with consumers.

Burglar Alarm Market Opportunities

  • Integration with Smart Home Systems: The growing trend of smart homes presents significant opportunities for the burglar alarm market. Companies can develop integrated security solutions that work seamlessly with other smart devices, such as smart locks and cameras. This integration not only enhances security but also provides convenience, creating a compelling value proposition for consumers.
  • Growing Demand from Developing Regions: Expanding into emerging markets offers substantial growth potential for burglar alarm manufacturers. As urbanization increases and disposable incomes rise in these regions, there is a growing demand for security solutions. Companies that tailor their products to meet the specific needs of these markets can capitalize on this opportunity and gain a competitive edge.

Burglar Alarm Market Regional Insights

The regional trends and factors influencing the Burglar Alarm Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Burglar Alarm Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Burglar Alarm Market

Burglar Alarm Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 7.0%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Components
  • Central Monitoring Receiver
  • Alarm Sensors
  • Remote Terminal Unit
  • Others
By End-Users
  • Residential
  • Small and Medium Enterprises
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AEON SYSTEMS, INC.
  • Assa Abloy AB
  • Banham Group
  • Eurovigil Security Systems (Eureka Forbes)
  • Hangzhou Hikvision Digital Technology Co.,Ltd.
  • Honeywell International Inc.
  • Inovonics Wireless Corporation
  • Johnson Controls
  • Napco Security Technologies, Inc.

  • Burglar Alarm Market Players Density: Understanding Its Impact on Business Dynamics

    The Burglar Alarm Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Burglar Alarm Market are:

    1. AEON SYSTEMS, INC.
    2. Assa Abloy AB
    3. Banham Group
    4. Eurovigil Security Systems (Eureka Forbes)
    5. Hangzhou Hikvision Digital Technology Co.,Ltd.

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Burglar Alarm Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Burglar Alarm Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Burglar Alarm Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    1.AEON SYSTEMS, INC.
    2.Assa Abloy AB
    3.Banham Group
    4.Eurovigil Security Systems (Eureka Forbes)
    5.Hangzhou Hikvision Digital Technology Co.,Ltd.
    6.Honeywell International Inc.
    7.Inovonics Wireless Corporation
    8.Johnson Controls
    9.Napco Security Technologies, Inc.
    10.RISCO Group
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    Frequently Asked Questions

    What are the options available for the customization of this report?

    Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility

    What are the deliverable formats of the market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request

    What are the future trends of the Burglar Alarm Market?

    Shift towards wireless systems is anticipated to play a significant role in the global Burglar Alarm Market in the coming years

    What are the driving factors impacting the global Burglar Alarm Market?

    Increased needs for security and Increased smart homes are the major factors driving the Burglar Alarm Market

    What is the expected CAGR of the Burglar Alarm Market?

    The Burglar Alarm Market is estimated to witness a CAGR of 7.0% from 2023 to 2031