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Swimming Pool Alarm Market: Introduction

Swimming pool alarms are devices which detect the intrusion or unexpected breach of the 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 made regulations to install pool alarms in the swimming pool for safety purposes. Increasing demand for swimming is seen these days due to growing awareness about staying fit and healthy. Growing demand for swimming as a leisure and fitness activity is expected to increase the usage of pool safety alarms.

Swimming Pool Alarm Market: Competitive Landscape

PBM Industries

Incorporated in year 1982, PBM Industries manufactures door alarms, pool alarms, and gate alarms. With headquarters in North Vernon, Indiana, USA, the company’s products are sold under the brand name Poolguard. All the products are certified under international standards such as ASTM Standard Safety Specification and NSF International. The product portfolio of PBM Industries includes above ground pool alarms, in-ground pool alarms, door alarms, and gate alarms.

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MG International – Sensor Espio

MG International-Sensor Espio was founded in the year 2002. It is headquartered in Cary, North Carolina, United States. The company employs around 53 people and manufactures swimming pool safety devices. The products are manufactured according to international standards and include pool covers, pool alarms, etc.

Some of the other key players operating in the global swimming pool alarm market are Pool Patrol, SafetyTurtle, Techko Group, Piscines Magiline, Blue Wave Products, etc.

Swimming Pool Alarm Market: Dynamics

Growing awareness of swimming as a fitness activity

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 the 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.

Advancement in sensing technology

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 pool alarms market. Hence, if a human or animal falls accidently into the swimming pool, the pool alarm would be an ideal safety device. Many companies are researching to bring about more innovation in swimming pool alarms, which is expected to positively affect the market.

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Swimming Pool Alarm Market: Segmentation

The global swimming pool alarm market can be segmented based on:

  • Type
  • Application
  • Distribution Channel
  • Region

Swimming Pool Alarm Market, by Type

Based on product type, the global swimming pool alarm market can be divided into:

  • Surface Pool Alarms
  • Subsurface Pool Alarms
  • User Entry Alarms
  • Gate Alarms

Swimming Pool Alarm Market, by Application

In terms of application, the global swimming pool alarm market can be segregated into:

  • Residential
  • Commercial

Swimming Pool Alarm Market, by Distribution Channel

Based on distribution channel, the global swimming pool alarm market can be divided into:

  • Online
  • Offline

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Swimming Pool Alarm Market

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