Economy
Global Pool Alarm Industry Aims for 7.7% CAGR by Focusing on New Product Development and Meeting Market Demand, Reports Reed Intelligence
New York, United States, June 26, 2023 (GLOBE NEWSWIRE) — According to a recent analysis by Reed Intelligence, the Global Pool Alarm Market Size is anticipated to expand approximately at a CAGR of 7.7% between 2023 and 2031. The market is expanding as a result of rising awareness of the value of pool safety, an increase in the number of residential and commercial pools, and escalating demand for intelligent and linked pool alarms.Pool alarms are gadgets that can detect when someone is in the water and then sound an alarm to warn nearby adults. They are an essential lifesaving tool, especially for infants and individuals with impairments, in preventing drowning. One of the main factors propelling the growth of the pool alarm market is the growing awareness of the significance of pool safety. Get Sample Report PDF @ https://reedintelligence.com/market-analysis/global-pool-alarm-market/request-sample Market DynamicsAnother significant element fueling the market’s expansion is the rise in the number of both residential and commercial swimming pools. The need for housing is rising along with the world population. The demand for pool alarms is rising as more people buy houses with pools.Another significant element propelling the market’s expansion is the rising need for intelligent and interconnected pool alarms. The internet-connected smart pool alarms can be managed from a smartphone or other mobile device. As a result, users may check on their pool from anywhere in the world and get warnings if something is wrong.There are three market segments for pool alarms: type, application, and geography. Surface wave detection pool alarms, sub-surface detection pool alarms, pool immersion alarms, and pool gate alarms are the different types of market segments. The market is divided into private pools, commercial swimming pools, and public swimming pools based on application. The market is divided into four geographic segments: North America, Europe, Asia Pacific, and the Rest of the World.Report Scope Report Metric Details Compound Annual Growth Rate (CAGR) 7.7% Forecast Period 2023-2031 Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends Segments Covered Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool Geographies Covered North AmericaEuropeAPACMiddle East and AfricaLATAM Market Opportunities Technological Advancement and Modernization Market Drivers Increasing Health Awareness,Growing Demand for Smart Homes Buy Now @ https://reedintelligence.com/market-analysis/global-pool-alarm-market/buy-now Regional AnalysisPool alarms have the greatest market in North America, followed by markets in Europe and Asia-Pacific. Due to the high level of pool safety awareness in the continent, North America holds a significant market share. Due to the rise in both residential and commercial pools, the European market is also expanding. Due to the rising disposable income and growing demand for home automation in the region, the Asia Pacific market is anticipated to expand at the quickest rate over the projected period.Key Highlights From 2023 to 2031, the global market for pool alarms is projected to expand at a CAGR of 7.7%.The market is expanding as a result of rising awareness of the value of pool safety, an increase in the number of residential and commercial pools, and escalating demand for intelligent and linked pool alarms.The largest market for pool alarms is in North America, followed by Europe and Asia Pacific. Due to the high level of pool safety awareness in the continent, North America holds a significant market share. Due to the rise in both residential and commercial pools, the European market is also expanding. Due to the rising disposable income and growing demand for home automation in the region, the Asia Pacific market is anticipated to expand at the quickest rate over the projected period.Some of the major players in the market include MaytronicsRJE Technologies (Safety Turtle)Driven Designs (Pool Patrol)SPQ Brands (PoolEye)Lifebuoy Pool Alarm SystemBlue Wave Products, Inc.PBM Industries (Poolguard)These companies are focusing on developing innovative products and expanding their distribution channels to gain a competitive edge in the market.Get Sample Report PDF @ https://reedintelligence.com/market-analysis/global-pool-alarm-market/request-sample Global Pool Alarm Market: SegmentationSegment by TypeSurface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate AlarmSegment by ApplicationPrivate PoolPublic Swimming PoolSegment by RegionNorth AmericaEuropeAPACMiddle East and AfricaLATAMTable of ContentsExecutive Summary Introduction Market Introduction Market DefinitionScope of the StudyMarket Structure Research Methodology Primary ResearchResearch MethodologyAssumptions & ExclusionsSecondary Data Sources Market Factor Analysis Value Chain Analysis: Pool Alarm MarketPorters Five Forces Analysis Bargaining Power of SuppliersBargaining Power of BuyersThreat of SubstitutionThreat of New EntrantsCompetitive Rivalry Market Dynamics DriversRestraintsOpportunities Recent Trends AnalysisImpact of COVID-19 on Pool Alarm Market Pre and Post Covid -19 Market Scenario AnalysisMarket Recovery Timeline and ChallengeMeasures Taken by Top Players Regulatory LandscapePool Alarm Market, Segment by Type Introduction Market Size and Forecast, Segment by Type Surface Wave Detection Pool Alarm Market Size and Forecast, By Region Sub-Surface Detection Pool Alarm Market Size and Forecast, By Region Pool Gate Alarm Market Size and Forecast, By Region Pool Alarm Market, Segment by Application Introduction Market Size and Forecast, Segment by Application Private Pool Market Size and Forecast, By Region Public Swimming Pool Market Size and Forecast, By Region Regional Overview Introduction Market Size and Forecast North America Market Size and Forecast Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool U.S. Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool Canada Europe Market Size and Forecast Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool U.K. Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool GermanyFranceSpainItalyRussiaNordicBeneluxRest of Europe APAC Market Size and Forecast Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool China Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool KoreaJapanIndiaAustraliaSingaporeTaiwanSouth East AsiaRest of Asia-Pacific Middle East and Africa Market Size and Forecast Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool UAE Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool TurkySaudi ArabiaSouth AfricaEgyptNigeriaRest of MEA LATAM Market Size and Forecast Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool Brazil Segment by Type Surface Wave Detection Pool AlarmSub-Surface Detection Pool AlarmPool Gate Alarm Segment by Application Private PoolPublic Swimming Pool MexicoArgentinaChileColombiaRest of LATAM Competitive Landscape, 2022 IntroductionPool Alarm Market Share Analysis, 2022 (%) Market Share Analysis, 2022Competition Ranking, 2022Key Developments & Growth Strategies Merger & AcquisitionProduct LaunchExpansion Consolidated SWOT Analysis of Key Players Company Profile Maytronics Business OverviewFinancial DataKey Product CategoriesRecent Developments RJE Technologies (Safety Turtle)Driven Designs (Pool Patrol)SPQ Brands (PoolEye)Lifebuoy Pool Alarm SystemBlue Wave Products, Inc.PBM Industries (Poolguard) Get the Full Table of Content @ https://reedintelligence.com/market-analysis/global-pool-alarm-market/toc Have a Look at the Related Research Report?Soil Temperature Sensor Market Size, Share & Trends Analysis Report by Type (Wireless, Wired), by Application (Agricultural Meteorology, Environment, Laboratory) and Segment Forecasts, 2023-2031Toner Level Sensors Market Size, Share & Trends Analysis Report by Type (Infrared Sensor, Ultrasonic Sensor) by Application (Copier, Laser Printer) and Segment Forecasts, 2023-2031Remote Vehicle Exhaust Sensor Market Size, Share & Trends Analysis Report by Type (Carbon Monoxide, Hydrocarbons, Nitrogen Oxides, Sulfur Dioxide) by Application (Passenger Vehicle, Commercial Vehicle) and Segment Forecasts, 2023-2031Primary Battery Sensor Market Size, Share & Trends Analysis Report by Type (Portable, Stationary) by Application (Chemical Industry, Wastewater Treatment) and Regional Forecasts, 2023-2031About Reed IntelligenceA global market research and management consulting firm, Reed Intelligence serves businesses, non-profit organisations, educational institutions, and governmental organisations. Our objective is to collaborate with enterprises to achieve long-term strategic improvements and expansion targets. Our industry research papers are made to offer quantitative data together with significant industry insights. Our goal is to give our clients the information they need to achieve long-term organisational growth. We offer reports to expedite and improve the plans of our clients, whether they are looking to expand into new areas, create new solutions, or take advantage of niche growth prospects.For more information on your target market, please contact us below: Email: sales@reedintelligence.com
© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo
MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.
The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.
Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.
“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.
Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.
“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.
The bank will next convene to set its benchmark rate on Feb. 16.
The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.
© Reuters. FILE PHOTO: Workers walk past an under-construction area with completed office towers in the background, in Shenzhen’s Qianhai new district, Guangdong province, China August 25, 2023. REUTERS/David Kirton/File Photo
SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond issuance and investment plan announced in October to boost the economy.
With the latest tranche, China has now earmarked more than 800 billion yuan of its 1 trillion yuan ($140 billion) in additional government bond issuance in the fourth quarter, as it focuses on fiscal steps to shore up the flagging economy.
The National Development and Reform Commission (NDRC) said in a statement on Saturday it had identified 9,600 projects with planned investment of more than 560 billion yuan.
China’s economy, the world’s second largest, is struggling to regain its footing post-COVID-19 as policymakers grapple with tepid consumer demand, weak exports, falling foreign investment and a deepening real estate crisis.
The 1 trillion yuan in additional bond issuance will widen China’s 2023 budget deficit ratio to around 3.8 percent from 3 percent, the state-run Xinhua news agency has said.
“Construction of the projects will improve China’s flood control system, emergency response mechanism and disaster relief capabilities, and better protect people’s lives and property, so it is very significant,” the NDRC said.
The agency said it will coordinate with other government bodies to make sure that funds are allocated speedily for investment and that high standards of quality are maintained in project construction.
($1 = 7.1315 renminbi)
© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo
MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.
The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.
Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.
“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.
Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.
“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.
The bank will next convene to set its benchmark rate on Feb. 16.
The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.
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