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The residential burglar alarm market is on pace to grow 9 percent in 2010 and 27 percent over the next three years, according to Parks Associates.
There is a growing awareness among public in India about the importance of implementing burglar alarm for residential buildings. In Kerala one time only the NRIs were keen about implementing the system as they are used to it abroad. But now most of the upper middle class, rich and premium segments are opting for the system. It wont be a surprise if burglar alarm will become a a standard requirement for newly constructed buildings over a period of time.
The Residential sector includes individual homes, housing developments and condominiums. Residential security protects your most valuable assets, your family and loved ones. Statistics show that homes without alarm systems are three times as likely to be broken into as those that have a security system. They also help protect life and property hazards such as smoke, carbon monoxide, and flooding to name a few.