Burglar and fire alarms market in Italy

Earlier Report Observations

From 2018 to 2020, the Italian market for burglar and fire alarms remained relatively stable, with a market size fluctuating between 154.4 million US dollars and 146.3 million US dollars. This period was characterized by a solid presence of established domestic manufacturers, the development of more reliable wireless and integrated security systems, and the consolidation of major European groups like Hager, which strengthened the supply of mid-to-high-end products.

The market expanded significantly to 189.1 million US dollars in 2021 and further to 249.3 million US dollars in 2022. This growth was primarily driven by the introduction of the 'Bonus Sicurezza' tax incentive, which offered deductions for installing alarm systems in residential properties. Concurrently, the widespread adoption of systems with 4G, WiFi connectivity, and mobile app control enhanced their appeal, while technological innovations, such as the integration of environmental sensors, broadened their applications.

After the peak in 2022, the market contracted sharply, falling to 109.1 million US dollars in 2023 and to 75.9 million US dollars in 2024, indicating a substantial reversal of the previous growth trend.

Production burglar and fire alarms in Italy

In value, 2017-2020, M $ US

Italy's production of burglar and fire alarms has declined for the third year in a row. In 2020, the output value stood at 193.4 million US dollars, marking a 9.1% decrease from the previous year. From 2017 to 2020, production fell by 35%, with an average annual decline of 13.4%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

Italy's production of burglar and fire alarms has dropped for the third consecutive year. In 2020, the country produced 4 020 thousand units, reflecting a 6.0% loss compared to 2019. Over the 2017-2020 period, production decreased by 71.5%, with an average annual decline of 34.2%.

Annual dynamics of production in Italy in kind, 2017-2020, K unit

Exports burglar and fire alarms from Italy

Exports in kind, K unit

Italy's exports of burglar and fire alarms have fallen for the third year running. In 2020, export volume reached 8 248 thousand units, which is 47.7% lower than in 2019. Between 2017 and 2020, exports dropped by 87.2%, equating to an average annual decline of 49.7%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K unit

From 2017 to 2020, Bangladesh, Spain, and China were the core markets for Italy's exports in kind. Bangladesh accounted for 49.9% of exports, Spain for 10.3%, and China for 7.7%. Together, these three countries represented 67.9% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's exports of burglar and fire alarms have declined for the second consecutive year. In 2020, exports amounted to 141.0 million US dollars, corresponding to a significant 20.2% drop compared to the previous year. Between 2017 and 2020, exports decreased by 35.1%, with an average annual decline of 13.4%. The highest value was recorded in 2018 at 246.4 million US dollars. The largest decline occurred in 2019 at 28.3%, while the largest increase was in 2018 at 13.5%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

Over the 2017-2020 period, the United Kingdom, the United States, and Germany were the largest buyers of burglar and fire alarms from Italy in value terms. The United Kingdom accounted for 11.9% of exports, the United States for 10.6%, and Germany for 9.8%. Together, they made up 32.4% of total exports, with many smaller partners contributing to the remainder.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports burglar and fire alarms to Italy

Imports in kind, K unit

Italy's imports of burglar and fire alarms have decreased for the third year in a row. In 2020, imports totaled 13 390 thousand units, down by 63.9% from 2019. Between 2017 and 2020, imports fell by 82.4%, with an average annual decline of 44.0%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K unit

From 2017 to 2020, China, the Netherlands, and Spain accounted for the largest share of Italy's imports in kind. China represented 34.2% of imports, the Netherlands 27.0%, and Spain 26.1%. Combined, these three countries comprised 87.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Italy's imports of burglar and fire alarms have declined for the second consecutive year. In 2020, imports were recorded at 93.8 million US dollars, down by 13.7% year-on-year. Over the 2017-2020 period, imports decreased by 4.5%, with an average annual decline of 1.5%. The peak value was in 2018 at 127.5 million US dollars. The largest decline was in 2019 at 14.8%, while the largest increase occurred in 2018 at 29.9%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

From 2017 to 2020, Spain, the United Kingdom, and the Netherlands led as the top suppliers of burglar and fire alarms to Italy in value terms. Spain accounted for 25.6% of imports, the United Kingdom for 14.3%, and the Netherlands for 11.1%. Their combined share reached 51.0% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020