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

September 2023 | 132 pages | ID: EC63A5AD0CD0EN
GMD Research

Abstracts

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 Compa?нa 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.)

Contents

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 Compa?нa 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

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

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Europe Home Security Systems Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Europe Home Security Systems Market 29
Figure 7. GDP per capita in the World, 1990-2020, $ thousand 32
Figure 8. Forecast of World Middle-class Population by Region, 2015-2030, million 32
Figure 9. Primary Restraints and Impact Factors of Europe Home Security Systems Market 33
Figure 10. Investment Opportunity Analysis 37
Figure 11. Porter’s Fiver Forces Analysis of Europe Home Security Systems Market 40
Figure 12. Breakdown of Europe Home Security Systems Market by Component, 2022-2032, % of Revenue 45
Figure 13. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 45
Figure 14. Europe Home Security Systems Market by Component: Hardware, 2022-2032, $ mn 46
Figure 15. Europe Home Security Systems Market by Hardware: Electronic Locks, 2022-2032, $ mn 48
Figure 16. Europe Home Security Systems Market by Hardware: Security Cameras, 2022-2032, $ mn 49
Figure 17. Europe Home Security Systems Market by Hardware: Fire Sprinklers, 2022-2032, $ mn 50
Figure 18. Europe Home Security Systems Market by Hardware: Window Sensors, 2022-2032, $ mn 51
Figure 19. Europe Home Security Systems Market by Hardware: Door Sensors, 2022-2032, $ mn 52
Figure 20. Europe Home Security Systems Market by Hardware: Other Hardware, 2022-2032, $ mn 53
Figure 21. Europe Home Security Systems Market by Component: Software, 2022-2032, $ mn 54
Figure 22. Europe Home Security Systems Market by Component: Service, 2022-2032, $ mn 55
Figure 23. Breakdown of Europe Home Security Systems Market by System Type, 2022-2032, % of Sales Revenue 57
Figure 24. Europe Addressable Market Cap in 2023-2032 by System Type, Value ($ mn) and Share (%) 57
Figure 25. Europe Home Security Systems Market by System Type: Professionally Installed & Monitored Systems, 2022-2032, $ mn 58
Figure 26. Europe Home Security Systems Market by System Type: Self-Installed & Professionally Monitored Systems, 2022-2032, $ mn 59
Figure 27. Europe Home Security Systems Market by System Type: Do-It-Yourself (DIY) Systems, 2022-2032, $ mn 60
Figure 28. Breakdown of Europe Home Security Systems Market by Product Offering, 2022-2032, % of Sales Revenue 62
Figure 29. Europe Addressable Market Cap in 2023-2032 by Product Offering, Value ($ mn) and Share (%) 62
Figure 30. Europe Home Security Systems Market by Product Offering: Fire Detection Systems, 2022-2032, $ mn 63
Figure 31. Europe Home Security Systems Market by Product Offering: Video Surveillance Systems, 2022-2032, $ mn 64
Figure 32. Europe Home Security Systems Market by Product Offering: Access Control Systems, 2022-2032, $ mn 65
Figure 33. Europe Home Security Systems Market by Product Offering: Intruder Alarms, 2022-2032, $ mn 66
Figure 34. Europe Home Security Systems Market by Product Offering: Other Systems, 2022-2032, $ mn 67
Figure 35. Breakdown of Europe Home Security Systems Market by Home Type, 2022-2032, % of Revenue 69
Figure 36. Europe Addressable Market Cap in 2023-2032 by Home Type, Value ($ mn) and Share (%) 69
Figure 37. Europe Home Security Systems Market by Home Type: Independent Homes, 2022-2032, $ mn 70
Figure 38. Europe Home Security Systems Market by Home Type: Apartments and Condominiums, 2022-2032, $ mn 71
Figure 39. Breakdown of Europe Home Security Systems Market by Distribution Channel, 2022-2032, % of Revenue 73
Figure 40. Europe Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 73
Figure 41. Europe Home Security Systems Market by Distribution Channel: Offline Sales, 2022-2032, $ mn 74
Figure 42. Europe Home Security Systems Market by Distribution Channel: Online Sales, 2022-2032, $ mn 75
Figure 43. Breakdown of European Home Security Systems Market by Country, 2022 and 2032, % of Revenue 77
Figure 44. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 78
Figure 45. Home Security Systems Market in Germany, 2022-2032, $ mn 79
Figure 46. Home Security Systems Market in U.K., 2022-2032, $ mn 81
Figure 47. Home Security Systems Market in France, 2022-2032, $ mn 83
Figure 48. Home Security Systems Market in Spain, 2022-2032, $ mn 85
Figure 49. Home Security Systems Market in Italy, 2022-2032, $ mn 87
Figure 50. Home Security Systems Market in Russia, 2022-2032, $ mn 89
Figure 51. Home Security Systems Market in Rest of Europe, 2022-2032, $ mn 91
Figure 52. Growth Stage of Europe Home Security Systems Industry over the Forecast Period 93