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Europe Home Security Systems Market


Europe Home Security Systems Market 2022-2032 by Component (Hardware, Software, Service), System Type (Professionally Installed, Self-Installed, DIY), Product Offering (Fire Detection, Video Surveillance, Access Control, Alarms), Home Type (Independent, Apartments and Condominiums), Distribution Channel (Offline, Online), and Country: Trend Forecast and Growth Opportunity

Report code: SDMRCO1703086 | Industry: Consumer Goods & Services | Published On: 9/30/2023


Europe home security systems market was valued at $16.06 billion in 2022 and will grow by 7.7% annually over 2022-2032, driven by the steadily rising crime rate, consumer preference for living safety, the increasing popularity of smart homes, and the evolving technologies such as digital network and IoT.
Highlighted with 34 tables and 52 figures, this 132-page report “Europe Home Security Systems Market 2022-2032 by Component (Hardware, Software, Service), System Type (Professionally Installed, Self-Installed, DIY), Product Offering (Fire Detection, Video Surveillance, Access Control, Alarms), Home Type (Independent, Apartments and Condominiums), Distribution Channel (Offline, Online), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Europe home security systems market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe home security systems market in every aspect of the classification from perspectives of Component, System Type, Product Offering, Home Type, Distribution Channel, and Country.

Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software
• Service

Based on System Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Professionally Installed & Monitored Systems
• Self-Installed & Professionally Monitored Systems
• Do-It-Yourself (DIY) Systems

By Product Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Fire Detection Systems
• Video Surveillance Systems
• Access Control Systems
• Intruder Alarms
• Other Systems

By Home Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Independent Homes
• Apartments and Condominiums

By Distribution Channel, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Offline Sales
• Online Sales

Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by System Type, Product Offering, and Home Type over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Abode Systems Inc.
Adt, Inc.
Allegion PLC
Arlo Technologies, Inc.
Assa Abloy
Comcast
Control4
Frontpoint Security Solutions LLC
Godrej & Boyce Manufacturing Company Limited
Hangzhou Hikvision Digital Technology
Hive
Honeywell International Inc.
Johnson Controls International PLC
Legrand
Nest Labs (Google LLC)
Nortek Security & Control
Prosegur Compañía de Seguridad, S.A
Ring Inc.
Robert Bosch GMBH
Schneider Electric SE
Scout Security Ltd.
Secom
Sector Alarm
Securitas AB (Verisure)
Simplisafe Inc.
Snap One LLC
Stanley Convergent Security Solutions
Swann Communications Pty Ltd.
Tyco International Ltd.
United Technologies Corporation
Vivint, Inc.
Wyze Labs Inc.
Zmodo Technology Corporation Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1  Introduction 7
1.1  Industry  Definition  and  Research  Scope 7
1.1.1  Industry  Definition 7
1.1.2  Research  Scope 8
1.2  Research  Methodology 11
1.2.1  Overview  of  Market  Research  Methodology 11
1.2.2  Market  Assumption 12
1.2.3  Secondary  Data 12
1.2.4  Primary  Data 12
1.2.5  Data  Filtration  and  Model  Design 13
1.2.6  Market  Size/Share  Estimation 14
1.2.7  Research  Limitations 15
1.3  Executive  Summary 16
2  Market  Overview  and  Dynamics 19
2.1  Market  Size  and  Forecast 19
2.1.1  Impact  of  COVID-19  on  World  Economy 20
2.1.2  Impact  of  COVID-19  on  the  Market 23
2.1.3  Impact  of  Russia-Ukraine  Conflict:  War  Slows  Economic  Recovery 25
2.2  Major  Growth  Drivers 29
2.3  Market  Restraints  and  Challenges 33
2.4  Emerging  Opportunities  and  Market  Trends 36
2.5  Porter’s  Fiver  Forces  Analysis 40
3  Segmentation  of  Europe  Market  by  Component 44
3.1  Market  Overview  by  Component 44
3.2  Hardware 46
3.2.1  Electronic  Locks 48
3.2.2  Security  Cameras 49
3.2.3  Fire  Sprinklers 50
3.2.4  Window  Sensors 51
3.2.5  Door  Sensors 52
3.2.6  Other  Hardware 53
3.3  Software 54
3.4  Service 55
4  Segmentation  of  Europe  Market  by  System  Type 56
4.1  Market  Overview  by  System  Type 56
4.2  Professionally  Installed  &  Monitored  Systems 58
4.3  Self-Installed  &  Professionally  Monitored  Systems 59
4.4  Do-It-Yourself  (DIY)  Systems 60
5  Segmentation  of  Europe  Market  by  Product  Offering 61
5.1  Market  Overview  by  Product  Offering 61
5.2  Fire  Detection  Systems 63
5.3  Video  Surveillance  Systems 64
5.4  Access  Control  Systems 65
5.5  Intruder  Alarms 66
5.6  Other  Systems 67
6  Segmentation  of  Europe  Market  by  Home  Type 68
6.1  Market  Overview  by  Home  Type 68
6.2  Independent  Homes 70
6.3  Apartments  and  Condominiums 71
7  Segmentation  of  Europe  Market  by  Distribution  Channel 72
7.1  Market  Overview  by  Distribution  Channel 72
7.2  Offline  Sales 74
7.3  Online  Sales 75
8  European  Market  2022-2032  by  Country 76
8.1  Overview  of  European  Market 76
8.2  Germany 79
8.3  U.K. 81
8.4  France 83
8.5  Spain 85
8.6  Italy 87
8.7  Russia 89
8.8  Rest  of  European  Market 91
9  Competitive  Landscape 93
9.1  Overview  of  Key  Vendors 93
9.2  New  Product  Launch,  Partnership,  Investment,  and  M&A 96
9.3  Company  Profiles 97
ABB  Ltd. 97
Abode  Systems  Inc. 99
Adt,  Inc. 100
Allegion  PLC 101
Arlo  Technologies,  Inc. 102
Assa  Abloy 103
Comcast 104
Control4 105
Frontpoint  Security  Solutions  LLC 106
Godrej  &  Boyce  Manufacturing  Company  Limited 107
Hangzhou  Hikvision  Digital  Technology 108
Hive 109
Honeywell  International  Inc. 110
Johnson  Controls  International  PLC 111
Legrand 112
Nest  Labs  (Google  LLC) 113
Nortek  Security  &  Control 114
Prosegur  Compañía  de  Seguridad,  S.A 115
Ring  Inc. 116
Robert  Bosch  GMBH 117
Schneider  Electric  SE 118
Scout  Security  Ltd. 119
Secom 120
Sector  Alarm 121
Securitas  AB  (Verisure) 122
Simplisafe  Inc. 123
Snap  One  LLC 124
Stanley  Convergent  Security  Solutions 125
Swann  Communications  Pty  Ltd. 126
Tyco  International  Ltd. 127
United  Technologies  Corporation 128
Vivint,  Inc. 129
Wyze  Labs  Inc. 130
Zmodo  Technology  Corporation  Ltd. 131
RELATED  REPORTS 132
List of Tables:

Table 1. Snapshot of Europe Home Security Systems Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. Main Product Trends and Market Opportunities in Europe Home Security Systems Market 36
Table 6. Europe Home Security Systems Market by Component, 2022-2032, $ mn 44
Table 7. Europe Home Security Systems Market: Hardware by Type, 2022-2032, $ mn 47
Table 8. Europe Home Security Systems Market by System Type, 2022-2032, $ mn 56
Table 9. Europe Home Security Systems Market by Product Offering, 2022-2032, $ mn 61
Table 10. Europe Home Security Systems Market by Home Type, 2022-2032, $ mn 68
Table 11. Europe Home Security Systems Market by Distribution Channel, 2022-2032, $ mn 72
Table 12. Europe Home Security Systems Market by Country, 2022-2032, $ mn 78
Table 13. Germany Home Security Systems Market by System Type, 2022-2032, $ mn 80
Table 14. Germany Home Security Systems Market by Product Offering, 2022-2032, $ mn 80
Table 15. Germany Home Security Systems Market by Home Type, 2022-2032, $ mn 80
Table 16. U.K. Home Security Systems Market by System Type, 2022-2032, $ mn 82
Table 17. U.K. Home Security Systems Market by Product Offering, 2022-2032, $ mn 82
Table 18. U.K. Home Security Systems Market by Home Type, 2022-2032, $ mn 82
Table 19. France Home Security Systems Market by System Type, 2022-2032, $ mn 84
Table 20. France Home Security Systems Market by Product Offering, 2022-2032, $ mn 84
Table 21. France Home Security Systems Market by Home Type, 2022-2032, $ mn 84
Table 22. Spain Home Security Systems Market by System Type, 2022-2032, $ mn 86
Table 23. Spain Home Security Systems Market by Product Offering, 2022-2032, $ mn 86
Table 24. Spain Home Security Systems Market by Home Type, 2022-2032, $ mn 86
Table 25. Italy Home Security Systems Market by System Type, 2022-2032, $ mn 88
Table 26. Italy Home Security Systems Market by Product Offering, 2022-2032, $ mn 88
Table 27. Italy Home Security Systems Market by Home Type, 2022-2032, $ mn 88
Table 28. Russia Home Security Systems Market by System Type, 2022-2032, $ mn 90
Table 29. Russia Home Security Systems Market by Product Offering, 2022-2032, $ mn 90
Table 30. Russia Home Security Systems Market by Home Type, 2022-2032, $ mn 90
Table 31. Home Security Systems Market in Rest of Europe by Country, 2022-2032, $ mn 92
Table 32. ABB Ltd.: Company Snapshot 97
Table 33. ABB Ltd.: Business Segmentation 98
Table 34. ABB Ltd.: Product Portfolio 98
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