Swimming Pool Alarms Market Size, Share, Growth and Industry Analysis By Type (Surface Wave Detection Pool Alarm, Sub-Surface Detection Pool Alarm, Pool Immersion Alarm, Pool Gate Alarm, and Others) By Application (Private Pool, Commercial Swimming Pool, Public Swimming Pool, and Others) Regional Forecast (2022-2026)

REPORT OVERVIEW

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The global swimming pool alarms market size was USD 125.9 million in 2020. The COVID-19 pandemic negatively affected the market globally. This market is negatively affected during the COVID-19 pandemic. As per our analysis, the market is expected to reach USD 220.6 million by 2026, exhibiting a CAGR of 9.8% during the forecast period. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Swimming pool alarms are triggered when a pet or person falls in the pool. It is extensively used in several swimming pools to prevent accidents in a pool. It is a safety tool that is designed in particular to prevent kids from accidents in a pool. It is used in commercial and residential constructions as a safety measure to protect kids against accidents. It detects surface waves and predicts the intensity of the fall. Pool alarms are extensively implemented in swimming pools as per government regulations for maintaining safety. As per the U.S. Consumer Product Safety Commission (CPSC), about 280 children under the age of 5 years drown in pools every year in the U.S. The U.S. CPSC supports the use of advanced alarms to control the death rate. 

The alarm consists of several types such as door alarm, in-ground/ above ground, floating pool alarm, personal immersion alarm. A door alarm is situated around the door and is supposed to be placed around the pool. It triggers like a normal alarm and is useful for caged pools. The ground/ above ground senses the water level and sounds an alarm if a person is drowning. A pool immersion and floating pool alarm detects the wave pattern and water immersion and triggers an alarm if the wave is triggered above a certain level. The increasing focus on consumer safety and rising demand for advanced alarms are responsible for the swimming pool alarms market growth. 

COVID-19 Impact: Halt on Manufacturing Activities to Impede Market Growth during the Pandemic

The COVID-19 has negatively affected several markets globally. The alarming spike in COVID-19 cases has compelled governments to impose stringent lockdown regulations to contain virus spread. Restrictions placed on manufacturing activities have created a supply chain disruption. The restrictions on transport lead to the lack of raw materials and components required for manufacturing alarms. The restrictions on the construction industry have led to the lack of demand for the product, which, in turn, may decline sales. The global market faces a crisis as the lack of demand for the product has led to the permanent shutdown of several companies. However, COVID-19 relaxations have led to the re-opening of the manufacturing industry under government regulations. Manufacturers operate at reduced capacities and use production machinery to survive the challenging COVID-19 situation. Further, the resumption of constructions and rising consumer spending capacity are likely to propel swimming pool alarms demand. 

LATEST TRENDS

"Increasing Demand from Residential and Commercial Swimming Pools to Facilitate Market Growth"

Swimming pool alarms are used extensively in several commercial and residential buildings because of the increasing demand for advanced safety measures. The rising cases of pool accidents lead to the adoption of advanced alarms that detect swimming patterns to provide efficient safety to residents. Evolving lifestyles are likely to increase the construction of swimming pools in several residential and commercial complexes. Increasing construction projects is likely to propel the demand for alarms. The rising population and infrastructure development are likely to bolster pool alarms demand. Manufacturers incorporate advanced features to increase the effectiveness of their products and provide advanced safety features to residents, which, in turn, can incline sales. 

Increasing awareness regarding the benefits of swimming is expected to increase the adoption of alarms. Several residential projects incorporate swimming pools to enhance the aesthetic appeal of the construction project and attract buyers. Therefore, the rising demand for swimming pools arms may boost industry growth. 

Segmentation

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• By Type Analysis

By type the market is segmented into surface wave detection pool alarm, subsurface detection pool alarm, pool immersion alarm, pool gate alarm, and others.

The pool gate alarm is the leading segment because of the rising demand from residential and commercial buildings. Growing construction projects and strengthening infrastructure facilities is likely to increase the product's adoption. A pool gate is used in residential and commercial buildings because of its effectiveness to detect drowning and sound an alarm across the building. Therefore, these factors can positively impact industry growth. 

• By Application 

Based on application, it is classified into the private pool, commercial swimming pool, public swimming pool, and others.

The commercial swimming pool segment is expected to be the dominating segment because of the rising popularity of swimming pools and the benefits related to swimming. Consumer demand for better facilities in housing societies may boost the product's implementation. The alarm is used in commercial buildings for resident's safety and convenience. This factor is expected to incite the swimming pool alarms market development.

DRIVING FACTORS

"Increasing Popularity of Wearable Devices to Boost Sales Considerably"

Wearable devices accurately map out the swimming patterns and heart rate and provide signals regarding the safety of divers. It is used extensively by athletes because of its convenience and accuracy. It is powered by advanced sensors that calculate heartbeat per minute and signal the sports management in case of accidents or fatigue during swimming. It transmits the heart rate, breath rate, and other signals to individuals monitoring the safety of the divers. It is also used by kids to prevent risks associated with drowning and other accidents. It is an extremely effective means to guarantee the safety of consumers. Companies such as Safety Turtle offer advanced safety bands for kids named Surface Turtle 2.0 Pool Alarm for pets and kids that ensure safety to kids that sound its alarm in case of distress during swimming. Therefore, these factors can influence the industry growth.

"Adoption of Online Retail by manufacturers to Foster Product's Sales "

The manufacturers adopt online retail to improve reach and increase consumers' shopping convenience. It enables the consumers to purchase advanced safety systems online and compare the product's quality against competitors or similar offerings. The pandemic is negatively affecting traditional sales, which, in turn, has provoked manufacturers to utilize online shopping. The development of e-commerce websites has enabled companies to expand their market reach globally and increase sales. Increasing the adoption of pets is likely to boost the demand for wearable alarms. It detects the water level, movement, and fatigue in pets. It is equipped with advanced sensors and waterproof components that are extremely sturdy and possess a long shelf-life. The adoption of online retail helps owners purchase advanced pool alarms that keep their pets safe during a swim. Therefore, the rising adoption of the product is expected to drive the swimming pool alarms market growth. 

RESTRAINING FACTORS

"Issues Regarding the Occurrence of False Alarm to Hinder Market Progress"

The main issue with pool alarms is the occurrence of false alarms during a swim. In events such as a deep dive, the sensors are unable to detect if the user is drowning, which, in turn, leads to the false triggering of an alarm. The sensor measures depth, water splashes, water movements, heartbeats to detect if the user is at risk of drowning. However, the alarm system is unable to discern varying swimming styles and swimming patterns. This factor is expected to hamper the progress of the swimming pool alarms market.

REGIONAL INSIGHTS

"Presence of Major Companies to Bolster Market Growth in North America"

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North America is expected to dominate the swimming pool alarms market share because of the presence of major players such as RJE Electronics (Safety turtle), Maytronics, LifeBuoy Pool Alarm System, and SPQ Brands (PoolEye). Rapid infrastructure development and the adoption of private pools are likely to increase the adoption of alarms. The advancement in digital infrastructure and rising adoption of advanced technology leads to the rising demand for wearable swimming pool alarms from online retail. 

Europe is the second-largest shareholder because of the evolving consumer lifestyle and heavy investments in consumer safety. Increasing construction projects and the rapidly evolving lifestyle and spending capability of the population are expected to increase the demand for high-quality safety products. These factors are likely to boost the swimming pool alarms market growth. 

In Asia Pacific, rising per-capita income and increasing population in the developing and developed countries are likely to fuel the demand for swimming pool alarms. Increasing green infrastructure and development is expected to boost demand for the product. Additionally, the emergence of several luxurious commercial and residential projects with swimming pools is likely to boost market growth. 

KEY INDUSTRY PLAYERS

"Companies Adopt Advanced Production Machinery to Improve Product Quality and Fulfill Goals"

The prominent companies operating in the market utilize advanced production machinery to boost their product's quality and improve performance. The adoption of advanced machinery enables companies to reduce labor costs and enhance their operational efficiency. It is an essential tool during the COVID-19 pandemic because of restrictions on manual labor. It can increase the production quantity and enable companies to satisfy their goals. Further, heavy investment in research and development can boost the product's quality drastically. It enables the company to adopt better materials and components to increase swimming pool alarms' effectiveness, which, in turn, may boost their annual revenues. 

List of Market Players Profiled

• Blue Wave Products Inc.

• Piscines MAGILINE SAS

• Coral Detection Systems Ltd

• iSmart Alarm Inc.

• Maytronics US Inc.

• SafetyTurtle

• SPQ Brands

• Security Alarm Corporation

INDUSTRY DEVELOPMENT

• July 2021: TopTenReviews mentioned SafetyTurtle's Safety Turtle 2.0 wearable pool alarm in its article titled "Best pool alarms 2021".

REPORT COVERAGE

This report highlights the top segments and the latest market trends. It comprehensively discusses the impact of COVID-19 and the driving and restraining factors. The report observes the regional developments and the strategies deployed by the market's prominent players. It informs readers about the market aspects and factors that are responsible for the industries' progress.