Product Code: ETC013844 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Alarm market currently, in 2023, has witnessed an HHI of 1334, Which has decreased slightly as compared to the HHI of 1602 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India alarm market is expected to grow at a healthy CAGR of 8.4% during the forecast period 2020?2026. Alarms are devices used for security and safety purpose, such as fire alarms, access control systems, burglar alarms etc. India has seen a rapid growth in the adoption of these security solutions due to increasing crime rate and rising concerns regarding safety and security of people?s property/assets. The country offers huge potential opportunities for alarm manufacturers owing to its large population base and growing awareness among consumers about different types of monitoring products available in the market.
The major driver influencing the growth of the India alarm market include rise in crimes & criminal activities such as burglary, theft or vandalisms; increasing demand from residential sector; government initiatives towards improving public safety; development in technology resulting into advanced features enabled alarms including wireless communication protocols providing remote connectivity with smart phones & other mobile devices; and technological advancements such as integration with IoT (Internet-of-Things) technologies enabling real time data collection from multiple sources related to environment conditions like temperature & humidity levels along with presence detection sensors etc., which act as further catalysts for industry expansion across various regions within the country. Additionally, introduction of innovative product offerings by key players coupled with attractive discounts on bulk purchases are also expected to drive sales volumes over upcoming years ahead up till 2026 end.
However, some challenges hampering overall progress could be lack of skilled workforce required for installation services along with high cost associated with various wired connecting infrastructure installation processes that requires big capital investments upfront while deploying these solutions at customer sites. Also long term contract agreements between service providers & customers can further impact their revenue margins leading towards decreasing profits over longer terms spanning ahead up till 2026 end point horizon year wise analysis based upon current trends estimations made by experts analyzing future scenarios projection wise across each segment clearly indicated during this report writing exercise process timeline duration taken into account herewith mentioned accordingly here under note below..
Some recent trends observed within Indian alarm industry landscape include higher preference among users towards selecting biometric authentication methods over traditional ones as they provide better accuracy level than normal passwords or PIN numbers often used earlier before now! This shift is driven primarily due an increase in cybercrime incidents happening nowadays where hackers target vulnerable websites without any form encryption whatsoever thus making it easier them steal confidential information stored therein if not protected properly using strong authentication measures
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Alarm Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Alarm Market Revenues & Volume, 2020 & 2030F |
3.3 India Alarm Market - Industry Life Cycle |
3.4 India Alarm Market - Porter's Five Forces |
3.5 India Alarm Market Revenues & Volume Share, By Offerings, 2020 & 2030F |
3.6 India Alarm Market Revenues & Volume Share, By Communication Technology, 2020 & 2030F |
3.7 India Alarm Market Revenues & Volume Share, By Input Signal, 2020 & 2030F |
3.8 India Alarm Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Alarm Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Alarm Market Trends |
6 India Alarm Market, By Types |
6.1 India Alarm Market, By Offerings |
6.1.1 Overview and Analysis |
6.1.2 India Alarm Market Revenues & Volume, By Offerings, 2020-2030F |
6.1.3 India Alarm Market Revenues & Volume, By System & Hardware , 2020-2030F |
6.1.4 India Alarm Market Revenues & Volume, By Software, Services & Solutions, 2020-2030F |
6.2 India Alarm Market, By Communication Technology |
6.2.1 Overview and Analysis |
6.2.2 India Alarm Market Revenues & Volume, By Cellular Wireless Network, 2020-2030F |
6.2.3 India Alarm Market Revenues & Volume, By Wired Telecommunication Network, 2020-2030F |
6.2.4 India Alarm Market Revenues & Volume, By Wireless Radio Network, 2020-2030F |
6.2.5 India Alarm Market Revenues & Volume, By IP Network, 2020-2030F |
6.3 India Alarm Market, By Input Signal |
6.3.1 Overview and Analysis |
6.3.2 India Alarm Market Revenues & Volume, By Discrete, 2020-2030F |
6.3.3 India Alarm Market Revenues & Volume, By Analog, 2020-2030F |
6.3.4 India Alarm Market Revenues & Volume, By Protocol, 2020-2030F |
6.4 India Alarm Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 India Alarm Market Revenues & Volume, By Residential, 2020-2030F |
6.4.3 India Alarm Market Revenues & Volume, By Commercial, 2020-2030F |
6.4.4 India Alarm Market Revenues & Volume, By Industrial, 2020-2030F |
7 India Alarm Market Import-Export Trade Statistics |
7.1 India Alarm Market Export to Major Countries |
7.2 India Alarm Market Imports from Major Countries |
8 India Alarm Market Key Performance Indicators |
9 India Alarm Market - Opportunity Assessment |
9.1 India Alarm Market Opportunity Assessment, By Offerings, 2020 & 2030F |
9.2 India Alarm Market Opportunity Assessment, By Communication Technology, 2020 & 2030F |
9.3 India Alarm Market Opportunity Assessment, By Input Signal, 2020 & 2030F |
9.4 India Alarm Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Alarm Market - Competitive Landscape |
10.1 India Alarm Market Revenue Share, By Companies, 2023 |
10.2 India Alarm Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |