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North America Burglar Alarm Systems Market Size, Share & Industry Trends Analysis Report By Application (Residential and Commercial & Industrial), By Component, By Type (Wired Alarm System and Wireless Alarm System), By Country and Growth Forecast, 2022-2028

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    Report

  • 95 Pages
  • June 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5636512
The North America Burglar Alarm Systems Market is expected to witness market growth of 5.9% CAGR during the forecast period (2022-2028).

The smart alarms linked to the main monitoring system also record the incident's audio and video for later use as evidence. In recent years, burglar alarm systems have advanced dramatically. The overall security systems market has been affected by advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT). The usage of smart houses in smart security systems is predicted to increase the demand for home security systems. Future technologies, such as the Internet of Things, will enable the creation of smart homes. Furthermore, developments in sensor data fusion technologies have increased the demand for advanced security systems among end-users.

The market has grown quickly as technology advances year after year, making the sector more efficient. Burglar alarm systems are integrated with home security, security systems, and building management solutions to provide a solid foundation while minimizing expenses. Burglar alarm systems are increasingly being integrated with video security systems. Intelligent sensor technologies are continually being developed and optimized by companies like Honeywell, Assay Abloy, and Johnson to meet the diverse security expectations of end-users.

Burglary is defined by the FBI's Uniform Crime Reporting (UCR) Program as the unauthorized entry of a structure in order to conduct a felony or theft. The use of force to gain entrance is not required to categorize an offense as a burglary. There were approximately 1,117,696 burglaries in 2019. Burglaries made up 16.1% of the total number of property offenses reported. In 2019, burglary victims lost an estimated $3.0 billion in property as a result of their crimes. Each burglary offense resulted in a $2,661 loss on average.

Residential property burglaries accounted for 62.8 percent of all burglaries. In the United States, there are a high number of robberies and burglaries. The stealing or attempting to remove anything of value from the care, custody, or authority of a person or individuals by force, the threat of force or violence, and/or inducing fear in the victim is defined by the FBI's Uniform Crime Reporting (UCR) Program. In addition, the Federal Bureau of Investigation estimates that there were approximately 267,988 robberies across the country in 2019.

The US market dominated the North America Burglar Alarm Systems Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,542.3 million by 2028. The Canada market is experiencing a CAGR of 8.3% during (2022-2028). Additionally, The Mexico market is expected to exhibit a CAGR of 7.3% during (2022-2028).

Based on Application, the market is segmented into Residential and Commercial & Industrial. Based on Component, the market is segmented into Hardware (Alarm Sensors, Motion Detection Sensors, Central Monitoring Receiver, Remote Terminal Unit, and Door/ Window Sensors), Software, and Services. Based on Type, the market is segmented into Wired Alarm System and Wireless Alarm System. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ADT, Inc., Assa Abloy AB, Hangzhou Hikvision Technology Co., Ltd., Honeywell International, Inc., Johnson Controls International PLC, Siemens AG, Napco Security Technologies, Inc., RISCO Ltd., Inovonics Wireless Corporation, and Banham Security.

Scope of the Study


Market Segments Covered in the Report:


By Application
  • Residential
  • Commercial & Industrial
By Component
  • Hardware
  • Alarm Sensors
  • Motion Detection Sensors
  • Central Monitoring Receiver
  • Remote Terminal Unit
  • Door/ Window Sensors
  • Software
  • Services
By Type
  • Wired Alarm System
  • Wireless Alarm System
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players


List of Companies Profiled in the Report:

  • ADT, Inc.
  • Assa Abloy AB
  • Hangzhou Hikvision Technology Co., Ltd.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Siemens AG
  • Napco Security Technologies, Inc.
  • RISCO Ltd.
  • Inovonics Wireless Corporation
  • Banham Security

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Burglar Alarm Systems Market, by Application
1.4.2 North America Burglar Alarm Systems Market, by Component
1.4.3 North America Burglar Alarm Systems Market, by Type
1.4.4 North America Burglar Alarm Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move (Acquisition and Mergers 2018, Jan - 2022, Apr) Leading Players
Chapter 4. North America Burglar Alarm Systems Market by Application
4.1 North America Residential Market by Country
4.2 North America Commercial & Industrial Market by Country
Chapter 5. North America Burglar Alarm Systems Market by Component
5.1 North America Hardware Market by Country
5.2 North America Burglar Alarm Systems Market by Hardware Type
5.2.1 North America Alarm Sensors Market by Country
5.2.2 North America Motion Detection Sensors Market by Country
5.2.3 North America Central Monitoring Receiver Market by Country
5.2.4 North America Remote Terminal Unit Market by Country
5.2.5 North America Door/ Window Sensors Market by Country
5.3 North America Software Market by Country
5.4 North America Services Market by Country
Chapter 6. North America Burglar Alarm Systems Market by Type
6.1 North America Wired Alarm System Market by Country
6.2 North America Wireless Alarm System Market by Country
Chapter 7. North America Burglar Alarm Systems Market by Country
7.1 US Burglar Alarm Systems Market
7.1.1 US Burglar Alarm Systems Market by Application
7.1.2 US Burglar Alarm Systems Market by Component
7.1.2.1 US Burglar Alarm Systems Market by Hardware Type
7.1.3 US Burglar Alarm Systems Market by Type
7.2 Canada Burglar Alarm Systems Market
7.2.1 Canada Burglar Alarm Systems Market by Application
7.2.2 Canada Burglar Alarm Systems Market by Component
7.2.2.1 Canada Burglar Alarm Systems Market by Hardware Type
7.2.3 Canada Burglar Alarm Systems Market by Type
7.3 Mexico Burglar Alarm Systems Market
7.3.1 Mexico Burglar Alarm Systems Market by Application
7.3.2 Mexico Burglar Alarm Systems Market by Component
7.3.2.1 Mexico Burglar Alarm Systems Market by Hardware Type
7.3.3 Mexico Burglar Alarm Systems Market by Type
7.4 Rest of North America Burglar Alarm Systems Market
7.4.1 Rest of North America Burglar Alarm Systems Market by Application
7.4.2 Rest of North America Burglar Alarm Systems Market by Component
7.4.2.1 Rest of North America Burglar Alarm Systems Market by Hardware Type
7.4.3 Rest of North America Burglar Alarm Systems Market by Type
Chapter 8. Company Profiles
8.1 Johnson Controls International PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments
8.1.5.1 Acquisition and Mergers
8.1.6 SWOT Analysis
8.2 ADT, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Recent strategies and developments
8.2.4.1 Partnerships, Collaborations, and Agreements
8.2.4.2 Acquisition and Mergers
8.3 Assa Abloy AB
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments
8.3.5.1 Acquisition and Mergers
8.4 Hangzhou Hikvision Digital Technology Co., Ltd.
8.4.1 Company Overview
8.4.2 Recent strategies and developments
8.4.2.1 Product Launches and Product Expansions
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments
8.5.5.1 Product Launches and Product Expansions
8.5.5.2 Acquisition and Mergers
8.5.6 SWOT Analysis
8.6 Siemens AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Napco Security Technologies, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments
8.7.5.1 Partnerships, Collaborations, and Agreements
8.8 RISCO Ltd.
8.8.1 Company Overview
8.8.2 Recent strategies and developments
8.8.2.1 Product Launches and Product Expansions
8.9 Inovonics Wireless Corporation (Roper Technologies, Inc.)
8.9.1 Company Overview
8.9.2 Recent strategies and developments
8.9.2.1 Product Launches and Product Expansions
8.10. Banham Group
8.10.1 Company Overview

Companies Mentioned

  • ADT, Inc.
  • Assa Abloy AB
  • Hangzhou Hikvision Technology Co., Ltd.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Siemens AG
  • Napco Security Technologies, Inc.
  • RISCO Ltd.
  • Inovonics Wireless Corporation
  • Banham Security

Methodology

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