Overview:
The global window alarms market is expected to witness a notable growth, expanding at a CAGR of 5.0% during the forecast period from 2021 to 2029. Growing inclination towards smart homes, building smart cities expected to have a far reaching impact on the growth of window alarms market worldwide. Modern homes these days bank upon technology for both security as well comfort. The window alarms coupled with door alarms forms an imperative part of the commercial and residential security system owing to increasing number of thefts.
The total front line of defense in both residential and commercial security system is secured windows and doors. As a result, with an increasing awareness regarding various safety measures, the demand for window alarms has risen to a greater extent. Protecting doors and windows is of definite importance when it comes to securing the residential and commercial spaces. In addition to a reliable lock system, window alarms are an essential part of any basic security system, which prevents entry and potential danger.
Window alarms are equipped with sensors that are capable of tracing the smallest signal of an attempt of forced entry. These sensors generate audible notifications to make sure one never misses out on a suspicious activity. With enhanced features and ease in use, preference for window alarms is expected to witness a surge during the forecast period from 2021 to 2029.
Residential accounted for the Largest Market Share in 2020
In 2020, residential segment exhibited largest market share in the global window alarms market and is expected to continue its dominance during the forecast period from 2021 to 2029. The growth of this segment is mainly backed by the growing preference of smart and connected homes across the globe. The homeowners are finding technologically advanced security tools affordable as a result of increasing disposable income levels. These favorable inclinations are likely to encourage the adoption of window alarms in the residential applications in the years to come.
North America Garnered Largest Market Share in 2020
The window alarms market, based on geography was led by North America in 2020 and is likely to grow at a significant rate throughout the forecast period from 2021 to 2029. Increasing adoption and growing inclination towards smart homes and intelligent security solutions is likely to augment the growth of window alarms market in the region. Moreover, the presence of some prominent players such as ADT Inc., Anderson Corporation, United Technologies Corporation (UTC Fire & Security Corporation), Honeywell International Inc. etc. are providing wide-ranging growth prospects in the North America region.
Competitive Insights
Major players in the window alarms market include ADT Inc., Anderson Corporation, United Technologies Corporation (UTC Fire & Security Corporation), Honeywell International Inc., Robert Bosch LLC, Karassn Security & Protection Electronics Company Ltd., Samsung, Swann, Eve Systems, Somfy Protect, SABRE - Security Equipment Corp., and Doberman Security Products, Inc. among others.
Historical & Forecast Period
The research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.
Key questions answered in this report
- What was the market size of window alarms market in 2020 and forecast up to 2029?
- What are the key factors driving the global window alarms market?
- What are the key market trends and high-growth opportunities observed in the window alarms market?
- What are the drivers of the window alarms market?
- Which is the largest regional market for window alarms market?
- Which segment will grow at a faster pace? Why?
- Which region will drive the market growth? Why?
- Which players are leading the window alarms market?
- What are the sustainability strategies adopted by the key players operating in the market?
Unique data points of this report
- Key trends shaping the window alarms market
- Qualitative and quantitative insights across different geographies and sub-geographies
- Comprehensive mapping of the competitive landscape and the market participants’ behavior
- Current and future scenario of window alarms across the globe
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Table of Contents
1. Preface
2. Executive Summary
3. Market Dynamics
4. Global Window Alarms (WA) Market, by Product Type , 2019 - 2029 (US$ Mn)
5. Global Window Alarms (WA) Market, by Application, 2019 - 2029 (US$ Mn)
6. North America Window Alarms (WA) Market Analysis, 2019 - 2029 (US$ Mn)
7. Europe Window Alarms (WA) Market Analysis, 2019 - 2029 (US$ Mn)
8. Asia Pacific Window Alarms (WA) Market Analysis, 2019 - 2029 (US$ Mn)
9. Rest of the World Window Alarms (WA) Market Analysis, 2019 - 2029 (US$ Mn)
10. Company Profiles
Companies Mentioned
- ADT Inc.
- Anderson Corporation
- United Technologies Corporation (UTC Fire & Security Corporation)
- Honeywell International Inc.
- Robert Bosch LLC
- Karassn Security & Protection Electronics Company Ltd.
- Samsung
- Swann
- Eve Systems
- Somfy Protect
- SABRE - Security Equipment Corp.
- Doberman Security Products Inc.
