Burglar alarm companies offer security systems designed to protect homes and businesses from break-ins. Leaders in this industry include ADT, Vivint, and Frontpoint. Their systems incorporate sensors, alarms, and monitoring services for comprehensive protection.
Competitive Landscape of the Burglar Alarm Market:
The global burglar alarm market is poised for steady growth, driven by rising security concerns, technological advancements, and increasing adoption in residential and commercial sectors. This growth, however, translates into a dynamic and competitive landscape, with established players vying for market share alongside new entrants bringing innovative solutions.
Some of the Burglar Alarm Companies listed below:
Factors Influencing Market Share Analysis:
Emerging Players and New Trends:
Latest Company Updates:
On Nov. 09, 2023, NSWUK, a leading provider of comprehensive security solutions, announced that it has expanded its offerings to include cutting-edge burglar alarms, providing customers with enhanced safety and security. In addition to their alarm systems, NSWUK offers maintenance services and packages. NSWUK's burglar alarms are authorized by licensed HKC alarm system installers and feature a state-of-the-art design allowing remote monitoring via a smartphone app.
On Apr. 24, 2023, Alert 360, a leading home security systems & services provider, announced its acquisition of security alarm accounts in Southern California from Caliber Security. The home security company will continue its expansion in Southern California.
On Mar. 30, 2023, Google announced an integrated offering that will enable a DIY smart security setup for customers. This new system is developed in partnership with home security company ADT. In 2020, Google invested $450 million in ADT to develop the new system. ADT Self Setup is a DIY home security system equipped with Nest cameras and smart displays & thermostats. It can be controlled through the Google Home app.
ADT's Self Setup system is now integrated with Google Nest devices, including its video doorbell and indoor and outdoor cameras. While ADT has offered Google's smart home devices as part of its professionally installed packages, this is the first time the two companies have offered complete software security integration for a DIY product.
On Jan. 26, 2023, Qiara launched a new home security service for the French market. The company aims to sell security products and subscriptions directly through its website without any long-term commitment. Qiara wants to modernize the good old home security market with live agents.
Burglar Alarm Market Size was valued at USD 4461.4 million in 2023. The Burglar Alarm market industry is projected to grow from USD 4879.2 million in 2024 to USD 9985.5 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.4% during the forecast period (2024 - 2032). Attractive insurance policy for installing security systems and Growing popularity of smart homes, are some of the factors driving the growth of the Burglar Alarm market.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
With the continuous spread of the novel coronavirus across the world, automakers took extreme measures in the form of plant closures to halt the spread of COVID-19. The situation remained uncertain as more European companies suspended work activities, and the US and APAC companies had extended shutdown periods. The technology company’s plans for North American production are an effort to slow the spread of the COVID-19 virus. In the US and Canada, the response of governments has been a combination of state or provincial, federal, and local measures. In other regions, the countries' governments did apply seemingly ever-more stringent conditions on social interaction, travel, and workplace attendance. These regions also experienced similar situations, which are having a marked effect on the economy as well as society and causing massive economic disruption, with the alarm industry at the center of this turmoil.
The regional impacts of the pandemic outbreak are highly variable, but as it spreads, the status in the harder-hit areas provides a glimpse of what may be witnessed soon. China saw a significant drop in manufacturing output in February 2020. As a result, Chinese alarm manufacturers have petitioned the government to stimulate the market through subsidies, tax breaks, and temporary reductions in emissions requirements. The initial epicenter of the global outbreak is Hubei province, which is one of the key regions of surveillance systems production in China. Utilization within manufacturing plants in Hubei remains far below capacity, with many plants fully shut down, and the recovery process also did require a few months to get back on track, post the outbreak.
Restrictions to shipping and industrial production did affect multiple supply chains. Distribution of components is the key process in manufacturing industries, which faced challenges such as staffing of warehouses, a need for direct distribution, and more intelligent and responsive allocation across channels due to the pandemic which led to pressure on supply chains. The impact on the US and Europe from the disruptions was significant, which had a huge effect on the world economy and badly disrupt global supply chains.
Every day, wireless communication is becoming more prevalent. In response to this, consumers have been using mobile phones for remote control of household appliances and for receiving feedback from the alarm system by SMS about the house’s safety and security. Due to advancements in technology, end users can now control different household appliances remotely through text messages and monitor the security and safety of their homes just by sending a message. In places where the user needs to control the ON and OFF switching of devices, this controller is extremely useful, since there is no need for a wired connection between the switch and any home appliance. As a result, the microcontroller would control the home appliances based on the information it received and send feedback in the event of a security breach, a gas leak, or a fire. An android application allows users to control the proposed solution from their mobile phones via an easy-to-use, secure, and robust process.
With a home automation and security system using GSM and Android applications, a message will be sent to the house owner's mobile phone whenever someone attempts to enter the house, informing him about the presence of someone inside, so he can take preventative measures to prevent the burglar from entering the house. By using this system, users can also protect their homes from burglars while they are away from home by using an alarm. An alarm will start ringing whenever someone tries to enter the house, and the owner will be notified if any other people attempt to enter the house through his mobile phone. In addition, this system is used to display the number of people entering the house on an LCD screen.
Based on System & Hardware, the Burglar Alarm Market is segmented into Remote Terminal Unit, Alarm Sensors, and Central Monitoring Receiver. The Alarm Sensors segment captured the biggest market share by solution in 2021 and is likely to maintain its dominance in the future years. An alarm sensor is a device that can sense abnormal conditions within the system and provide a signal indicating the same to either a local or remote alarm indicator. Different types of alarm sensors include motion detector sensors and door/window sensors. These sensors can be mechanical or electronic and are strategically placed on the premise to monitor conditions that require security alerts. Motion-detecting sensors trigger the alarm when they detect any movement in their area of coverage. Motion detector usually has a 90-degree area of coverage.
Door sensors trigger the alarm when the door is opened. It is installed at every exterior door and can also be used as a door chime, making a quick beep when a door is opened and when the alarm is not active. Similarly, window sensors trigger the alarm when the window is opened. Unlike as door sensors, window sensors are visible on the window
June 2022 Inovonics introduced four new specialty sensor products: the EN1263 motion detector with pet immunity, the EN1266 360° ceiling mount motion detector, the EN1248 glass break detector, and the EN1342-60 activity monitoring detector.
March 2020 Napco Security Technologies announced the launch of iSecure's complete cellular alarm systems. The iSecure is designed to help security pros be more competitive by adding more residential accounts and new RMR while offering the professional-grade security systems, remote Smart App, and notification alerts consumers want.
FIGURE 2: BURGLAR ALARM MARKET SHARE BY SYSTEMS & HARDWARE 2022 VS 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Based on end user, the Burglar Alarm Market is segmented into Residential and Small and Medium Enterprises (SME). The Residential segment captured the biggest market share by solution in 2021 and is likely to maintain its dominance in the future years.
The demand for burglar alarms is surging owing to increasing concerns for residential security. With the increasing affordability of interactive security alarm systems, most socioeconomic groups are installing burglar alarms for security purposes. The availability of low-cost monitored security systems for the residential market has increased the household penetration rate. Burglar alarms ensure the security of residences from theft and burglary even in the absence of homeowners. Burglar alarm protects the safety of the house; the security system is divided into zones that can be activated separately; for example, at night, only the day zone is protected or only the area around the house, so residents can move freely.
FIGURE 2: BURGLAR ALARM MARKET SHARE BY END USER 2022 VS 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By Region, the study segments the market into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominated the Burglar Alarm Market with a share of 34% of the total market in 2021. North America is one of the most advanced regions across the globe in terms of infrastructure, economy, and technology. For this study, the region has been further divided into the US, Canada, and Mexico. The growing demand for security infrastructure and premises within industries, offices, and homes is propelling the growth of the North American Burglar Alarm market. Moreover, the existing infrastructure and presence of the major players who work closely with the key safety industry standard-setting groups and trade associations in the region provide North America with ample opportunities for significant growth in the forecast period. The key players in the market are constantly introducing more innovative and productive burglar alarm solutions in the market at a reduced cost.
According to the United States Department of Justice yearly data, there are 2.5 million burglaries annually in the United States, with over half of these being home invasions. Based on further analysis of crime statistics, there are four primary types of burglaries: complete burglary, forcible entry, unlawful entry without force, and attempted forcible entry.
For the study, Asa-Pacific has been segmented into comprises China, Japan, India, South Korea, and the rest of Asia-Pacific. The rising security concerns, the boom in the real estate sector, growing adoption of smart building technologies are among the key factors that have generated market demand for burglar alarms in the region. Furthermore, the easy availability of low-cost burglar alarms, rise in urbanization, and increase in disposable income also propel the burglar alarm market in Asia-Pacific. Zhejiang Dahua Technology Co., Ltd, Hikvision, Ajax System, DSX Access System, and Fujian Chuango security technology co., LTD. are among the key players operating in the Asia-Pacific burglar alarm market.
China is one of the leading exporters of burglar alarms across the globe. It has signed free trade agreements with Hong Kong, Singapore, South Korea, Australia, New Zealand, Chile, Costa Rica, Iceland, Switzerland, Macao, Peru, Pakistan, and Taiwan, to enable smooth trading. During the forecast period, the massive production level in the country will influence the demand for these devices in the domestic market. Additionally, the government and private investors are supporting smart building initiatives that will further boost burglar alarm adoption in the country.
Europe comprises Germany, France, the UK, Italy, and the rest of Europe. The region witnesses a considerable presence of burglar alarm manufacturers that are focused on developing technically advanced alarm systems to attract several residential townships and commercial office spaces. The key factors driving the burglar alarm market in the region are the adoption of high-quality security access systems to prevent intruders, potential theft, and other similar acts, the need to refurbish existing alarm systems with the latest technologies, and the growing smart building market in the region.
Further, the countries considered in the scope of the Burglar Alarm market are the US, Canada, Mexico, UK, Germany, France, Italy, Spain, Switzerland, Austria, Belgium, Denmark, Finland, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Sweden, Romania, Ireland, China, Japan, Singapore, Malaysia, Indonesia, Philippines, South Korea, Hong Kong, Macau, Singapore, Brunei, India, Australia & New Zealand, South Africa, Egypt, Nigeria, Saudi Arabia, Qatar, United Arab Emirates, Bahrain, Kuwait, and Oman, Brazil, Argentina, Chile, and others.
FIGURE 2: BURGLAR ALARM MARKET SHARE BY REGION 2022 VS 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Burglar Alarm market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Burglar Alarm industry must offer cost-effective services and solutions to expand and survive in an increasingly competitive and rising market environment.
Various Burglar Alarms market leaders are introducing new technologies for various industries in order to improve security and eliminate communication gaps between employees and businesses. ADT announced a partnership with State Farm and intends to change the customer experience with a cutting-edge service that integrates security, risk management, and smart home features. Stanley Security has been purchased by Securitas. This acquisition increased revenues in a compelling way and instantly increased the group's operating profit.
October 2022 Inovonics has announced the release of two next-generation senior living solutions: fall detection and alarm location. Even if a resident is unable to click the button on their fall detection pendant, the Inovonics fall detection system will automatically notify carers if they believe a resident has fallen. When location-enabled pendants with or without fall detection are activated, the alarm location solution offers exact room and floor locations.
May 2021 Johnson Controls collaborated with DigiCert to deliver the next level of digital trust to smart building solutions. By streamlining the deployment and maintenance of public key infrastructure (PKI) and digital identities, our alliance accelerated smart building cybersecurity.
December 2020 Securitas AB acquired FE Moran Security Solutions, based in the US. This company is one of the top 30 alarm monitoring and electronic security systems companies in the US. This acquisition helped enhance the company’s offerings in the US Midwest region and enabled it to double the size of its security solutions and electronic security businesses.
Burglar Alarm Market Highlights:
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