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Intrusion Alarm System Market

Intrusion Alarm System Market Analysis by Product Type (Wired System, Wireless Intrusion Alarm System), by Application (Commercial, Residential, Industrial, Government), by Region - Global Forecast 2022-2032

Analysis of Intrusion Alarm System market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Global Intrusion Alarm System Market Outlook

The global intrusion alarm system market is estimated at USD 2.2 Billion in 2022 and is forecast to surpass USD 3.7 Billion by 2032, growing at a CAGR of 5.1% from 2022 to 2032.

Report Attributes

Details

Base Year Value (2021A)

USD 2.1 Billion

Estimated Year Value (2022E)

USD 2.2 Billion

Projected Year Value (2032F)

USD 3.7 Billion

Global Growth Rate (2022-2032)

 CAGR 5.1%

North America Market Share in 2021

~37%

North America Growth Rate (2022-2032)

CAGR ~5.3%

Collective Value Share (US, China, India) 2022: Top 3 Countries

~34%

Top 5 Companies Market Share in 2021

~22%

Key Companies Profiled

  • Honeywell International Inc.
  • United Technologies Corporation
  • Aiphone Co. Ltd.
  • Bosch Security Systems
  • Cognitec Systems GmbH
  • Alarm.Com
  • Fujitsu Limited
  • Magal Security Systems Ltd.
  • Ingersoll-Rand Plc
  • Siemens
  • Assa Abloy AB
  • Other Market Players

The global intrusion alarm system market is likely to create an absolute dollar opportunity of USD 1.5 Billion by the end of 2032. The global intrusion alarm system market holds ~46% of the global intrusion detection and prevention system market.

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2017-2021 Global Intrusion Alarm System Market Outlook in Comparison to 2022-2032 Growth Forecast

The intrusion alarm system market is expected to rise with significant market presence amidst the emerging market for video surveillance and access control systems. Growing application of intrusion alarm system in residential, commercial, and industrial infrastructure has propelled adoption of intrusion alarm system. Further, the intrusion alarm system market is marked by a variety of reliable and affordable security solutions suitable to modern and affluent consumers. Implementation of effective technologies such as sensor systems, wireless technology and IoT in the design of intrusion alarm system has further enhanced the efficiency and reliability of these alarms.

Advances in sensor technology such as long-range passive infrared detectors and radar technology have increased the penetration of perimeter security. On the same lines, thermal radar systems are made efficient and cost-effective using thermal sensors with extended detection diameter of people and vehicles. Advances as such have broadened the consumer base of the intrusion alarm system market.

Manufacturers in the intrusion alarm systems market are focusing on introducing novel intrusion alarm systems in the market. Rapidly spreading industrialization and the ongoing up-gradation of the fourth industrial revolution has led to the increased construction of industrial complexes. As incidences of burglary and breaches are on the rise, starting from industry to residential sector, installation of security services have increased in parallel, in turn, driving the intrusion alarm system market growth.

Fact.MR projects the intrusion alarm system market is expected to witness exhibiting growth at 5.1% CAGR during 2022 and 2032 in comparison to a CAGR of 3.5% with which it grew from 2017 and 2021.

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Adoption of Intrusion Alarm System Growing Owing to Increasing Emphasis on Boosting Security Apparatus in Residential Sector

Security systems find wide-ranging applications in residential, commercial, military and industrial areas. Among these, demand for intrusion alarm systems is likely to witness robust growth in the residential sector on account of growing awareness among end-users. Additionally, ongoing technological advancements and falling prices of intrusion alarm systems are likely to motivate consumers to upgrade existing systems or to install new ones.

In addition to these factors, growing emphasis on boosting security apparatus in residential sector is likely to provide an impetus to demand during the assessment period. The number of gated communities has been witnessing a steady increase, especially in developing countries, which has further opened up new avenues of growth for intrusion alarm systems.

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Continuous Roll Out of New Technologies Likely to Increase Demand for Intrusion Alarm Systems

Demand for intrusion alarm system is likely to be benefitted by continuous roll out of latest technology such as biometrics and smart cards, as well as growing adoption of these high value technologies. Comparatively, mature access control technologies like keypad systems and magnetic stripe cards, will continue to be utilized in various applications owing to their simplicity. Cyclic recovery in business and consumer spending, particularly residential building expenditures are further boosting demand for intrusion alarm system market.

The intrusion alarm systems exists in technology driven market, which is continuously improving and changing to the benefits of consumers. Incorporation of wireless technology in these systems has led to an enhancement in the features, which in turn has augured well for the prospects of the overall market. As wireless technology became inexpensive and accessible, intrusion alarm system manufacturers adopted this technology to launch affordable variants in the market. In addition to the wireless feature, intrusion alarm manufacturers have also widely adopted touchscreen features to provide a seamless ease of use to consumers.

In the wake of increasing burglar incidences and human limitations, a growing emphasis on the deployment of intrusion alarm system has been observed, which is benefiting intrusion alarm system manufacturers. Additionally, busy lifestyle of individuals is leading to necessity of controlling the devices at home remotely. With the advancement of technology, securing homes is possible by the integration of smartphones.

Some leading manufacturer are focusing on development of automatic home security systems on the basis of GSM technology and embedded microcontroller unit. Such technological advancements are likely to attract individuals to adopt advanced intrusion alarm systems.

Value Added Features to Attract Huge Consumer Pool

Advancement in intrusion alarm systems such as implementation of sensors, which detects physical quantities can produce alarm in case of fire, gas leakage, and changes in temperature. At larger sites, these systems are usually linked with camera systems, visitor management system, and access control system as a part of integrated solution. These added features in intrusion alarm system are likely to gain traction in foreseeable future. On the other hand, distributed denial of service (DDoS) attacks are the main concern in this digital world.

Minimizing DDoS attacks is very hard when it comes to highly distributed botnet-based attacks. Therefore, it is important to detect these types of attacks in early stage to protect end-user and network infrastructure. The core of this system is to include intrusion alarm system, which is located at internet service provider levels. Such innovative use of intrusion alarm system is likely to further propel growth of the market.

Competitive Landscape: Top Companies in Intrusion Alarm System Market

The global intrusion alarm system market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of intrusion alarm system.

Fact.MR has provided detailed information about price points of key manufacturers in intrusion alarm system market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

  • Honeywell International Inc. in 2021 announced to acquire US Digital Designs, Inc. This acquisition will help in the expansion of line of solutions of Honeywell International’s for public safety communications
  • BOSCH in 2021 announced to acquire Protec Fire and Security Group. This acquisition will help in the expansion of business and to further grow in Europe

Global Intrusion Alarm System Market by Category

  • By Product Type, Global Intrusion Alarm System Market is segmented as:

    • Wired System
    • Wireless System
    • Other Product Types
  • By Application, Global Intrusion Alarm System Market is segmented as:

    • Commercial
    • Residential
    • Industrial
    • Government
    • Others
  • By Region, Global Intrusion Alarm System Market is segmented as:

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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The global value of intrusion alarm system market is estimated to be worth over USD 2.2 Billion in 2022.

The demand is anticipated to surpass USD 3.7 Billion by 2032 end.

During 2017-2021, global intrusion alarm system market grew at 3.5% CAGR.

Some of the prominent players in intrusion alarm system market are Honeywell International Inc., United Technologies Corporation, Bosch Security Systems, Fujitsu Limited, etc.

North America tops the global intrusion alarm system market accounting for 36.8% of global market share in 2022.

Residential segment under the application segment contributes 29.3% of market share in global sales of intrusion alarm system.

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