What is Intruder Alarms Market?
Intruder alarm system is a set of organised devices. This devices are mainly used to protect facility, or any physical objects against intruders. They notify the owner or the monitoring station of the protected zones. Their technological advancements provides effective signalling against intruders. Advanced intruders alarms are used for industrial and commercial purpose. They are able to provide unique functions like motorized gates, lighting and heating control, and other functions related to premises automation. There interface devices (manipulators) are modern keypads and touch panels which are able to store maps of the facility on memory cards for convenient control of the entire system. Thus, growing technological advanced offerings and rising awareness regarding premises security leads to the demand for intruder’s alarms.
The market study is being classified by Type (Wired System and Wireless System), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
Texecom (United Kingdom), Honeywell (United States), Secure Holdings Limited (France), Optex (Japan), Tyco (Ireland), RISCO Group (United States), Schneider Electric (France), Bosch Sicherheitssysteme GmbH (Germany), Nidec Corporation (Japan), Secom (Japan) and Informa PLC. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hikvision (China), DFS (India) and Global Security Devices Ltd. (India).
The market of intruder alarms is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide intruder alarms for security purpose. The market is highly fragmented with the presence of number of market players. They are gaining attention owing to raised demand. They are taking certain strategic initiatives with new entrants to expand their existing portfolio.
Segment Analysis
Analyst at AMA have segmented the market study of Global Intruder Alarms market by Type, Application and Region.
On the basis of geography, the market of Intruder Alarms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand for Advanced Security Alarms
- Increasing Demand for Industrial Security Maintenance
Market Trend
- Rising Preference for Remote Monitoring Security Devices
Restraints
- High Cost of Maintenance May Restrain Its Demand
- Requirement of Large Investment for Manufacturing Setup
Opportunities
- Technological Advancement with AI and Machine Learning has Created Ample Growth Opportunities
Challenges
- Complexity in Installation
- Lack of Awareness Regarding Security Maintenance in Emerging Countries
In September 2020, Hikvision, an IoT solution provider has launched “AX PRO” a new generation of wireless alarm systems. AX PRO is able to provide alarm solutions for residential and commercial applications. This AX PRO product family can be configured according to a variety of needs.
Key Target Audience
Intruder Alarms Manufacturers, Intruder Alarms Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Research Laboratory, Strategic Business Planners, Governments and End Use Industry