Industrial, Manufacturing & Heavy Industry Market News

Global perimeter security market is anticipated to be worth $224.89 billion by 2023

The Global Perimeter Security market is expected to grow from $95.26 billion in 2016 to reach $224.89 billion by 2023 with a CAGR of 13.0%.

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According to Stratistics MRC, factors such as rising number of perimeter intrusions, increasing urban infrastructure across the globe, strict government rules and rising technological advancement in perimeter security are fueling the market growth.

However, high investment cost & maintenance requirements, lack of technical expertise and awareness are restricting the market. In addition, development of next-generation integrated systems provides ample of opportunities for the market growth.

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Perimeter security as systems and technologies protect people and assets within a facility and its grounds by blocking unauthorised physical intrusions across the perimeter. Perimeter security systems use covert technology to create an unseen wall of protection around property, ready to alert to the presence of an intruder at the very earliest opportunity.

In the future, perimeter security could become part of a connected technology system, which is able to profile specific locations, and match the skills and competencies of manpower required for each area.

Residential, Educational, and Religious Buildings segment is anticipated to register highest CAGR attributed to the rate of theft and robbery is rising globally, security is becoming a main concern for individuals and residential complexes, such as private residential buildings. Such concerns are increasing the command for security solutions, which include biometrics-based electronic locks and sensor-based intruder alarm systems.

Thus, the growing need for safety and security of people, and the personal belongings is driving the growth of this market.

North America registered the largest market share during the forecast period owing to the growing security need due to rising terrorist actions and criminal activities. Furthermore, strict government rules for safety and security and technological improvements are expected to fuel the growth of the market in this region.

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Some of the key players in global Perimeter Security market include Anixter International, Axis Communications AB, Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., Senstar Corporation, Puretech Systems, Inc., Cias Elettronica, Fiber Sensys, Inc., Johnson Controls International PLC, Rbtec Perimeter Security Systems, Southwest Microwave, Inc., United Technologies Corporation, Dahua Technology Co., Ltd., Bosch Security Systems and Advanced perimeter systems ltd.

Components Covered:
Systems
o Video Surveillance Systems
o Access Control Systems
o Alarms and Notification Systems
o Perimeter Intrusion Detection Systems
o Other Systems
Services
o Managed Services
o Professional Services

End Users Covered:
Infrastructure
Military and Defense
Commercial and Services
Residential, Educational, and Religious Buildings
Hospitality
Transportation
Industrial
Government
BFSI
Manufacturing

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

List Of Tables:

Table 1 Global Perimeter Security Market Outlook, By Region
Table 2 Global Perimeter Security Market Outlook, By Component
Table 3 Global Perimeter Security Market Outlook, By Systems
Table 4 Global Perimeter Security Market Outlook, By Video Surveillance Systems
Table 5 Global Perimeter Security Market Outlook, By Access Control Systems
Table 6 Global Perimeter Security Market Outlook, By Alarms and Notification Systems (2014-2023) ($MN)
Table 7 Global Perimeter Security Market Outlook, By Perimeter Intrusion Detection Systems (2014-2023) ($MN)
Table 8 Global Perimeter Security Market Outlook, By Other Systems
Table 9 Global Perimeter Security Market Outlook, By Services
Table 10 Global Perimeter Security Market Outlook, By Managed Services
Table 11 Global Perimeter Security Market Outlook, By Professional Services
Table 12 Global Perimeter Security Market Outlook, By End User
Table 13 Global Perimeter Security Market Outlook, By Infrastructure
Table 14 Global Perimeter Security Market Outlook, By Military and Defense
Table 15 Global Perimeter Security Market Outlook, By Commercial and Services
Table 16 Global Perimeter Security Market Outlook, By Residential, Educational, and Religious Buildings (2014-2023) ($MN)
Table 17 Global Perimeter Security Market Outlook, By Hospitality
Table 18 Global Perimeter Security Market Outlook, By Transportation
Table 19 Global Perimeter Security Market Outlook, By Industrial
Table 20 Global Perimeter Security Market Outlook, By Government

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