- Swimming pool alarms are devices which detect the intrusion or unexpected breach of swimming pool water. Pool alarms sound an alert when something disturbs the surface of the pool such as when a human or animal accidently falls into the swimming pool water. Though swimming pool alarms are not a life-saving device, they make the authorities aware when the pool is used illegally or someone falls in. Some government bodies have mandated regulations to install alarms in the swimming pool for safety purposes. Furthermore, demand for the product is increasing due to growing awareness among people about staying fit and healthy as people prefer swimming since it helps in maintaining healthy weight, healthy heart and lungs, tones the muscles, and builds strength. The swimming pool alarm market is expected to witness huge surge during the forecast period.
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Key Drivers and Opportunities of the Global Swimming Pool Alarm Market
- Many people opt for swimming these days as a fitness activity due to increasing awareness about healthy living. Swimming is also considered a leisure activity, leading to a gradual increase in the usage of swimming pools located in houses or hotels, as well as local common swimming pools. Thus, governments are regulating the safety norms of swimming pools which include installation of a pool alarm and other safety devices. This factor is expected to trigger the growth of the swimming pool alarm market during the forecast period.
- Technological advancements in sensing technology have evolved the pool alarms in terms of safety. This is a major factor which is expected to boost the swimming pool alarm market. Hence, if a human or animal falls accidently into the swimming pool, the pool alarm would be an ideal safety device. Furthermore, manufacturers are researching to bring about more innovation in swimming pool alarms, which is expected to positively affect the market during the forecast period.
- The COVID-19 pandemic has resulted in low usage of swimming pools. Furthermore, the pandemic has made consumers price sensitive, and hence this restrains price conscious consumers from purchasing the alarm. This could act as a restraint for the growth of the swimming pool alarm market during the forecast period.
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North America to Hold Major Share of the Global Swimming Pool Alarm Market
- In terms of region, the swimming pool alarm market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- North America is expected to hold major share of the global swimming pool alarm market during the forecast period because of the increasing awareness about the benefits of swimming due to which people have started learning swimming and practicing it. Furthermore, with rise in the number of people swimming, it is required to have a constant check regarding their safety due to which the demand for swimming pool alarms is witnessing growth in this region.
Key Players Operating in the Global Swimming Pool Alarm Market are Listed Below:
- Blue Wave Products Inc.
- CEC International Inc.
- Coral Detection Systems Ltd.
- Driven Designs Inc.
- iSmart Alarm Inc.
- MG International – Sensor Espio
- PBM Industries Inc.
- Piscines Magiline, SAS
- RJE Technologies, Inc.
- Techko Group