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Residential and Commercial Swimming Pool Alarms Market by End-user, Distribution Channel, and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 147
  • SKU: IRTNTR44233
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The residential and commercial swimming pool alarms market share is expected to increase by USD 98.28 million from 2021 to 2026, and the market’s growth momentum will decelerate at a CAGR of 7.8%.

This residential and commercial swimming pool alarms market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers residential and commercial swimming pool alarms market segmentation by end-user (residential and commercial), distribution channel (offline and online), and geography (North America, Europe, South America, APAC, and the Middle East and Africa). The residential and commercial swimming pool alarms market report also offers information on several market vendors, including Blue Wave Products Inc., Briidea, Coral Detection Systems Ltd., Driven Designs Inc., Icloverlights, Lifebuoy, Maytronics, MG International Sensor Espio, Morri and More GmbH, PBM Industries Inc., PISCINES DESJOYAUX SA, Piscines MAGILINE SAS, Procopi, RJE Technologies Inc., Security Alarm Corp., ShockAlarm LLC, SPQ Brands, SwamCam LLC, and Techko Kobot Inc. among others.

What will the Residential and Commercial Swimming Pool Alarms Market Size be During the Forecast Period?

Residential and Commercial Swimming Pool Alarms Market Size

Download Report Sample to Unlock the Residential and Commercial Swimming Pool Alarms Market Size for the Forecast Period and Other Important Statistics

 

Residential and Commercial Swimming Pool Alarms Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing number of swimming pools is notably driving the residential and commercial swimming pool alarms market growth, although factors such as limited access and adoption of swimming pools in areas with a water crisis may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the residential and commercial swimming pool alarms industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Residential and Commercial Swimming Pool Alarms Market Driver

The increasing number of swimming pools is one of the major drivers impacting the residential and commercial swimming pool alarms market growth. With the rising residential construction and the growing interest and awareness regarding the benefits of swimming, the number of swimming pools across the world is growing rapidly. For instance, the number of swimming pools in the US and Australia doubled in 2021 compared to 2018. Commercial swimming clubs and pools charge a membership fee. Swimming clubs offer exclusive and yearly or monthly packages with discounts to attract more consumers. The rise in the number of swimming pools will, therefore, fuel the growth of the global residential and commercial swimming pool alarms market during the forecast period. The recent outbreak of the COVID-19 pandemic has led to a downturn in the residential and commercial use of swimming pools. The outbreak of the disease has led to lockdowns in many countries, which has resulted in the temporary shutdown of commercial and residential end-users who use swimming pools. Thus, the temporary lockdown situation will reduce the number of swimming pool users, which will limit the use of swimming pool alarms until the COVID-19 pandemic is brought under control.

Key Residential and Commercial Swimming Pool Alarms Market Trend

Rising online sale is one of the major trends influencing the residential and commercial swimming pool alarms market growth. Increased product visibility, coupled with the availability of a wide product portfolio, has contributed to the growth of the online retail channel. The success of online retailing can be attributed to increased customer outreach and inventory management cost-cutting. Though the online segment occupies a lower percentage of the global residential and commercial swimming pool alarms market, the segment is expected to witness faster growth in comparison to the offline segment. Increased Internet connectivity, growing adoption of mobile Internet devices, and rising consumer awareness have contributed to the growth of the global residential and commercial swimming pool alarms market. In 2020, approximately 4.39 billion Internet users were present globally. Swimming pool alarms are not readily available in all countries across the globe. Hence, procuring these products from offline stores based in other countries becomes expensive. Hence, the introduction of products by online retailers such as Amazon would propel the demand for products according to convenience without any extra shipping or transportation cost. This growth in the demand for online retail is expected to drive the demand for residential and commercial swimming pool alarms across the globe.

Key Residential and Commercial Swimming Pool Alarms Market Challenge

Limited access and adoption of swimming pools in areas with a water crisis are one of the major challenges impeding the residential and commercial swimming pool alarms market growth. Water levels have decreased in many countries across the globe. A water crisis occurs when the water demand exceeds its supply or due to excessive wastage of water. The increasing pollution levels, climate change, geographical differences, varying consumption patterns, and urbanization also lead to a water crisis. Water pollution and contamination of available water further reduce the amount of water available for personal consumption. This growing water crisis in several countries is restricting the adoption of swimming pools, as it requires regular maintenance and replacement with huge quantities of water. This increases water bills and, in turn, the membership fees for commercial swimming pools. It also hampers the adoption of swimming pools in homes. Water crisis hampers individual participation in swimming, thereby reducing the need for swimming pool-related accessories such as swimming pool alarms. Thus, the declining water level across the globe would affect the growth of the global residential and commercial swimming pool alarms market.

This residential and commercial swimming pool alarms market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global residential and commercial swimming pool alarms market as a part of the global consumer electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the residential and commercial swimming pool alarms market during the forecast period.

Who are the Major Residential and Commercial Swimming Pool Alarms Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Blue Wave Products Inc.
  • Briidea
  • Coral Detection Systems Ltd.
  • Driven Designs Inc.
  • Icloverlights
  • Lifebuoy
  • Maytronics
  • MG International Sensor Espio
  • Morri and More GmbH
  • PBM Industries Inc.
  • PISCINES DESJOYAUX SA
  • Piscines MAGILINE SAS
  • Procopi
  • RJE Technologies Inc.
  • Security Alarm Corp.
  • ShockAlarm LLC
  • SPQ Brands
  • SwamCam LLC
  • Techko Kobot Inc.

 

This statistical study of the residential and commercial swimming pool alarms market encompasses successful business strategies deployed by the key vendors. The residential and commercial swimming pool alarms market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • bluewaveproducts.com - The company offers residential and commercial swimming pool alarms that detect entry into the pool by children, pets, or intruders, and the remote receiver sounds within a 100-ft wireless range.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The residential and commercial swimming pool alarms market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Residential and Commercial Swimming Pool Alarms Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the residential and commercial swimming pool alarms market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Residential and Commercial Swimming Pool Alarms Market?

Residential and Commercial Swimming Pool Alarms Market Share by Geography

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40% of the market’s growth will originate from North America during the forecast period. The US is the key market for residential and commercial swimming pool alarms market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increasing demand for smart swimming pool alarms, which have various add-on functions like ultraviolet (UV) measures and water evaporation measures will facilitate the residential and commercial swimming pool alarms market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The residential and commercial swimming pool alarms market in North America witnessed a temporary decline in 2020 owing to the COVID-19 outbreak. Many end-user sectors, especially commercial end-users such as construction, automotive, and industrial sectors, partially shut down their operations due to the pandemic. This led to the downfall of the economy and hampered trade in North America. 

What are the Revenue-generating End-user Segments in the Residential and Commercial Swimming Pool Alarms Market?

Residential and Commercial Swimming Pool Alarms Market Share

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The residential and commercial swimming pool alarms market share growth in the residential segment will be significant during the forecast period. The growth of the segment is driven by increased adoption of swimming pools, and consecutively, the demand for swimming pool accessories such as swimming pool alarms. The increased awareness regarding the need for swimming pool-related safety equipment, the expanding middle-class segment, disposable income, and growing household expenditure in the major countries across the globe are propelling the demand for swimming pool alarms.

This report provides an accurate prediction of the contribution of all the segments to the growth of the residential and commercial swimming pool alarms market size and actionable market insights on post COVID-19 impact on each segment.

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Residential and Commercial Swimming Pool Alarms Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 7.8%

Market growth 2022-2026

$ 98.28 million

Market structure

Fragmented

YoY growth (%)

9.11

Regional analysis

North America, Europe, South America, APAC, and the Middle East and Africa

Performing market contribution

North America at 40%

Key consumer countries

US, Australia, France, Spain, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Blue Wave Products Inc., Briidea, Coral Detection Systems Ltd., Driven Designs Inc., Icloverlights, Lifebuoy, Maytronics, MG International Sensor Espio, Morri and More GmbH, PBM Industries Inc., PISCINES DESJOYAUX SA, Piscines MAGILINE SAS, Procopi, RJE Technologies Inc., Security Alarm Corp., ShockAlarm LLC, SPQ Brands, SwamCam LLC, and Techko Kobot Inc. 

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Residential and Commercial Swimming Pool Alarms Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive residential and commercial swimming pool alarms market growth during the next five years
  • Precise estimation of the residential and commercial swimming pool alarms market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the residential and commercial swimming pool alarms industry across North America, Europe, South America, APAC, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of residential and commercial swimming pool alarms market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 27: Chart on Comparison by End-user
      • Exhibit 28: Data Table on Comparison by End-user
    • 5.3 Residential - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Residential - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Residential - Year-over-year growth 2021-2026 (%)
    • 5.4 Commercial - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Commercial - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by End-user
      • Exhibit 37: Market opportunity by End-user ($ million)

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 38: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 40: Chart on Comparison by Distribution Channel
      • Exhibit 41: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 6.4 Online - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 50: Market opportunity by Distribution Channel ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 South America - Market size and forecast 2021-2026
      • Exhibit 64: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.6 APAC - Market size and forecast 2021-2026
      • Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 Australia - Market size and forecast 2021-2026
      • Exhibit 80: Chart on Australia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on Australia - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on Australia - Year-over-year growth 2021-2026 (%)
    • 8.10 France - Market size and forecast 2021-2026
      • Exhibit 84: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 8.11 Spain - Market size and forecast 2021-2026
      • Exhibit 88: Chart on Spain - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on Spain - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on Spain - Year-over-year growth 2021-2026 (%)
    • 8.12 Germany - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 96: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 99: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 100: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 101: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 102: Matrix on vendor position and classification
            • 11.3 Blue Wave Products Inc.
              • Exhibit 103: Blue Wave Products Inc. - Overview
              • Exhibit 104: Blue Wave Products Inc. - Product / Service
              • Exhibit 105: Blue Wave Products Inc. - Key offerings
            • 11.4 Coral Detection Systems Ltd.
              • Exhibit 106: Coral Detection Systems Ltd. - Overview
              • Exhibit 107: Coral Detection Systems Ltd. - Product / Service
              • Exhibit 108: Coral Detection Systems Ltd. - Key offerings
            • 11.5 Driven Designs Inc.
              • Exhibit 109: Driven Designs Inc. - Overview
              • Exhibit 110: Driven Designs Inc. - Product / Service
              • Exhibit 111: Driven Designs Inc. - Key offerings
            • 11.6 Lifebuoy
              • Exhibit 112: Lifebuoy - Overview
              • Exhibit 113: Lifebuoy - Product / Service
              • Exhibit 114: Lifebuoy - Key offerings
            • 11.7 Maytronics
              • Exhibit 115: Maytronics - Overview
              • Exhibit 116: Maytronics - Product / Service
              • Exhibit 117: Maytronics - Key offerings
            • 11.8 PBM Industries Inc.
              • Exhibit 118: PBM Industries Inc. - Overview
              • Exhibit 119: PBM Industries Inc. - Product / Service
              • Exhibit 120: PBM Industries Inc. - Key offerings
            • 11.9 PISCINES DESJOYAUX SA
              • Exhibit 121: PISCINES DESJOYAUX SA - Overview
              • Exhibit 122: PISCINES DESJOYAUX SA - Product / Service
              • Exhibit 123: PISCINES DESJOYAUX SA - Key offerings
            • 11.10 Piscines MAGILINE SAS
              • Exhibit 124: Piscines MAGILINE SAS - Overview
              • Exhibit 125: Piscines MAGILINE SAS - Product / Service
              • Exhibit 126: Piscines MAGILINE SAS - Key offerings
            • 11.11 RJE Technologies Inc.
              • Exhibit 127: RJE Technologies Inc. - Overview
              • Exhibit 128: RJE Technologies Inc. - Product / Service
              • Exhibit 129: RJE Technologies Inc. - Key offerings
            • 11.12 SPQ Brands
              • Exhibit 130: SPQ Brands - Overview
              • Exhibit 131: SPQ Brands - Product / Service
              • Exhibit 132: SPQ Brands - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 12.5 List of abbreviations
                • Exhibit 139: List of abbreviations
              • cameras:
                • alarms:

                  Research Framework

                  Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                  TechnavioINFORMATION SOURCES

                  Primary sources

                  • Manufacturers and suppliers
                  • Channel partners
                  • Industry experts
                  • Strategic decision makers

                  Secondary sources

                  • Industry journals and periodicals
                  • Government data
                  • Financial reports of key industry players
                  • Historical data
                  • Press releases
                  Technavio

                  TechnavioDATA ANALYSIS

                  Data Synthesis

                  • Collation of data
                  • Estimation of key figures
                  • Analysis of derived insights

                  Data Validation

                  • Triangulation with data models
                  • Reference against proprietary databases
                  • Corroboration with industry experts
                  Technavio

                  TechnavioREPORT WRITING

                  Qualitative

                  • Market drivers
                  • Market challenges
                  • Market trends
                  • Five forces analysis

                  Quantitative

                  • Market size and forecast
                  • Market segmentation
                  • Geographical insights
                  • Competitive landscape
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                  Residential and Commercial Swimming Pool Alarms market growth will increase by $98.28 million during 2022-2026.
                  The residential and commercial swimming pool alarms market is expected to grow at a CAGR of 7.8% during 2022-2026.
                  Technavio has segmented the residential and commercial swimming pool alarms market by end-user (North, Eur, South, and APA) ,distribution channel (Residential and Commercial) , and geographic (North America, Europe, South America, APAC, and Middle East and Africa).
                  Blue Wave Products Inc., Briidea, Coral Detection Systems Ltd., Driven Designs Inc., Icloverlights, Lifebuoy, Maytronics, MG International Sensor Espio, Morri and More GmbH, PBM Industries Inc., PISCINES DESJOYAUX SA, Piscines MAGILINE SAS, Procopi, RJE Technologies Inc., Security Alarm Corp., ShockAlarm LLC, SPQ Brands, SwamCam LLC, Techko Kobot Inc. are a few of the key vendors in the residential and commercial swimming pool alarms market.
                  North America will register the highest growth rate of 39.85% among the other regions. Therefore, the residential and commercial swimming pool alarms market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                  The key factors driving the residential and commercial swimming pool alarms market growth are:
                  • Mandatory laws pertaining to fencing and installation of swimming pool alarms
                  • Growing demand for smart connected and If This, Then That (IFTTT) integrated monitoring system
                  The residential and commercial swimming pool alarms market vendors should focus on grabbing business opportunities from the north segment as it accounted for the largest market share in the base year.
                  • What are the key global market and the regional market share?
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                  • What are the factors influencing the growth of the parent market?
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