NEW YORK, March 29, 2023 /PRNewswire/ -- The global residential and commercial swimming pool alarms market size is estimated to grow by USD 98.28 million from 2021 to 2026, according to Technavio. However, the growth momentum will be decelerating at a CAGR of 7.8% during the forecast period. The growth of the market will be driven by the increasing number of swimming pools. The rise in construction activities and growing interest in and awareness about the benefits of swimming have increased the number of swimming pools worldwide. For instance, the number of swimming pools in countries such as the US and Australia doubled between 2018 and 2021. In addition, exclusive monthly and yearly packages with discounts offered by swimming clubs are attracting more individuals to buy memberships. Thus, the increased participation in swimming and the rise in the number of swimming pools are expected to drive the growth of the market during the forecast period. For more insights on the market size (2022 to 2026) - Request a sample report

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Global Residential and Commercial Swimming Pool Alarms Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on 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 market growth in the residential end-user segment will be significant during the forecast period. Factors such as the expanding middle-class segment, rising disposable income, and increasing household expenditure in major countries are driving the growth of the segment. Also, growing government norms and regulations for mandatory swimming pool alarms at both commercial and residential establishments are supporting the growth of the segment.

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global residential and commercial swimming pool alarms market.

• North America will account for 40% of the market growth during the forecast period. The growth of the regional market is driven by the increasing interest in swimming and related sports among people of all ages. The increasing demand for smart swimming pool alarms, which have various add-on functions such as ultraviolet (UV) measures and water evaporation measures, is another major factor driving the regional market growth.

Insights on the market contribution of various segments, including country- and region-wise data and forecast market size (2022 to 2026) - Download a Sample Report

Global Residential and Commercial Swimming Pool Alarms Market – Vendor Analysis

The global residential and commercial swimming pool alarms market is fragmented due to the presence of leading global players through well-known international and domestic brands. Vendors follow some critical of inputs to compete in the market, such as technology and CAPEX. They invest heavily in building infrastructure, suitable for manufacturing and testing swimming pool alarms. In addition, they emphasize moderately on building brand and brand equity in the market to differentiate themselves from other competing brands. Vendors differentiate themselves based on innovation and offer various quality-driven automatic and smart products. The price differentiation among these vendors is low due to almost similar product offerings and growing competition. The factors of differentiation are expected to remain the same during the forecast period. Some of the key vendors covered in the report include:

• Blue Wave Products Inc. - 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.
• Coral Detection Systems Ltd. - The company offers a residential and commercial swimming pool alarm named CORAL system, which alerts when a child or a person enters the pool for the first time after the pool is completely empty for several minutes and sounds a short alert.
• Lifebuoy - The company offers residential and commercial swimming pool alarms that can be connected to Alexa and Google Assistant with a smartphone app to fully control the system.
• Maytronics - The company offers residential and commercial swimming pool alarms that are equipped with unparalleled computing power to provide optimum reliability for user safety.

Global Residential and Commercial Swimming Pool Alarms Market – Market Dynamics

Leading trends influencing growth

• Rising online sales of swimming pool alarms are identified as the key trend in the market.
• The online sales of sport-related products have increased significantly over the years.
• The growing availability of the internet and rising consumer awareness have encouraged vendors to increase their presence online and drive more sales.
• Online sales channels are increasing the visibility of the products offered by vendors.
• The online segment currently occupies a lower percentage of the total sales in the market. However, the sales of swimming alarm pools are expected to witness faster growth in comparison to the offline retail stores over the forecast period.
• All these factors are creating a positive impact on the growth of the market.

Major challenges hindering the market growth

• Limited access and adoption of swimming pools in areas with a water crisis will challenge the growth of the market.
• The availability of freshwater has been decreasing worldwide due to increasing pollution levels, climate change, varying consumption patterns, and urbanization.
• The growing water crisis in several countries has restricted the use of swimming pools.
• An increase in water bills is leading to a rise in membership fees in commercial swimming pools. This is reducing individual participation in swimming, which is reducing the need for swimming pool-related accessories such as swimming pool alarms.
• All these factors are reducing the growth potential of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this residential and commercial swimming pool alarms market report?

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

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Related Reports:

• The automatic swimming pool monitoring systems market size is expected to increase by USD 18.78 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.77%. The market is segmented by distribution channel (offline and online), end-user (residential and commercial), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
• The swimming pool market size is expected to increase to USD 4.60 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.67%. The market is segmented by revenue (construction and equipment) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

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Table of contents:

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

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