Perimeter security refers to an
integrated system that helps in physical security of a facility as well
as provides protection against unauthorized physical intrusions. It
includes technologies such as video surveillance systems, access control
systems, notification and communication systems, and intrusion
detection. In the recent times, owing to technological advancements,
security systems also deploy infrared, microwave, radar, and seismic
sensors, which has further added to the robustness of these systems.
With growing demand to ensure protection from all types of malicious
activities and to check the movements of authorized personals, the
global market for perimeter security systems and solutions is projected
for healthy growth rate during the forecast period of 2016 to 2024.
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This report on global perimeter security
systems and solutions market is a thorough study of the market in its
current condition, and based on an in-depth analysis of all the factors
that may impact the demand in the recent future, it estimates the future
state of the market until 2024. It also highlights some of the latest
trends of the market in order to help the existing and new players in
making most of the new opportunities. Among the key features of the
report is the chapter on company profiles, wherein a number of leading
vendors have been analyzed for their market share, competitors,
products, pricing and margin, and recent strategic developments such as
mergers and acquisitions, collaborations, and investments for the
development of new products and technologies. The global perimeter
security systems and solutions can be segmented on the basis of
application, into video surveillance systems, system integration
consultancy, and commercial and transportation facilities.
Global Perimeter Security Systems and Solutions Market: Drivers and Restraints
Some of primary factors driving this
market include constant risk of terrorism, increasing criminal
activities, illegal immigration concerns, and anti-government protests.
Several governments across the world have employed regulations to
increase safety at respective facilities and are offering subsidies for
the adoption of new technology. The need to reduce manpower is another
prominent factor helping the expansion of the market. These perimeter
security systems and solutions not only work constantly, the automated
processes help in reducing the number of manual check-posts. End-use
industries such as oil and petrochemical, power stations, and hazardous
industries are expected to extend the demand in the near future.
Conversely, economic slowdown and high cost of these systems are
expected to hinder the growth rate of the market during the forecast
period.
Some of the prominent companies in the global market for perimeter security systems and solutions
are Honeywell international Inc., Senstar, Xtralis, Cias, Fiber sensys
Inc, Southwest microwave Inc, Tyco systems, Puretech systems, Rbtec
perimeter security systems, United technologies corporation, Schneider
electric se, Av tech, Cnb technology, Flir systems Inc., Advanced
perimeter systems ltd, Kodicom, Actividentity, Fst21, Abs consulting,
Cyberark, Breifcam, Door king Inc, and Fiber sensys Inc.
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