Title: Burglar Alarm Market is set to witness a stable CAGR in the forecast period of 2019-2026
1Burglar Alarm Market is set to witness a stable
CAGR in the forecast period of 2019-2026
Burglar Alarm Market, By System Hardware
(Central monitoring receiver, Remote terminal
unit and Alarm sensors), End-users (Small and
Medium Enterprises, Residential), Geography
(North America, South America, Europe,
Asia-Pacific, Middle East and Africa) -Industry
Trends and Forecast to 2026
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2Report Description
Global burglar alarm market is expected to reach
USD 5.53 billion by 2026 from USD 3.58 billion in
2018 and is projected to grow at a CAGR of 5.6
in the forecast period of 2019 to 2026. The
upcoming market report contains data for historic
years 2017, the base year of calculation is 2018
and the forecast period is 2019 to
2026. Burglar alarm is standard equipment that
is used in home security system. It is used to
offer home security networks in residential and
commercial activities. The burglar alarm is one
type of electric circuit that is powered by
electronic and electricals devices. The burglar
alarm contains closed circuit system and open
circuit systems which are used to open and close
the doors and windows. The burglar alarm is
nowadays working on magnetic sensors that are
used to detect the movements of control box to
offers signals to the police department in
security system.
3Major Key Players
- Some of the major players operating in this
market are - Inovonics Wireless Corporation
- Siemens AG
- AEON SYSTEMS, INC.
- ASSA ABLOY
- Johnson Controls
- Napco Security Technologies, Inc.
- Securitas
- Collins Aerospace
- Hangzhou Hikvision Digital Technology Co.,Ltd
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4Market Segmentation
- By System Hardware (Central monitoring
receiver, Remote terminal unit and Alarm sensors) - By End-User (Small and Medium Enterprises,
Residential)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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