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U.S. Physical Security Equipment Markets
Frost & Sullivan, Aug 2001
Rising Crime Rates Spark Demand for Enhanced Security Systems
Americans now view security systems as a necessity rather than a precautionary measure for the home and workplace. Due to highly publicized incidents, the fear of crime and terrorism is driving demand for security equipment. Technological advancements and fierce competition in certain market sectors have made physical security equipment more affordable and reliable.
This Frost and Sullivan research provides an up-to-date analysis of the U.S. physical security equipment markets, including interior and perimeter segments. By identifying industry challenges and presenting strategic recommendations for capitalizing on new opportunities, this study supplies your firm with the information it needs to maximize revenues.
Closed Circuit Television (CCTV) Sales Remain Strong, Propel Total Market
The increased utilization of CCTV, especially in conjunction with electronic access control and surveillance equipment, is expected to remain the primary industry driver. About 80 percent of interior segment revenues are derived from the sale of CCTV, its accessories and components, states the study's author.
As a result of the CCTV market expansion, the entire interior equipment market is projected to experience significant growth over the forecast period. This research highlights technology trends and evaluates consumer demand, making it an excellent guide to the future of the marketplace.
Technological Developments Enhance Reliability, Boost Consumer Confidence
Because of a high occurrence of false alarms, perimeter barrier sensors were once considered too impractical for commercial use. Their low cost in relation to high-end products gave the impression of inferior quality, which was reinforced by the sensors inability to differentiate between intruders and environmental disturbances.
Recent developments have led to significant increases in the dependability of these systems. Low-end sensors have become more reliable without becoming more expensive, making them more economically attractive to small consumers who were previously dissatisfied with their performance, states the author.
This Frost and Sullivan research offers in-depth assessment of the state of the U.S. physical security equipment markets, enabling its users to successfully plan for this competitive industry.
Additional Information
Market Participants
ADEMCO Group Advanced Alarm Co. Advantor Corp. Aleph International Corp. BEI Communications, Inc. Burle Industries, Inc. C & K Systems/ADEMCO Group CADDX/CADDI Control/Sentrol Capricorn Electronics Inc. CCTV Corp. Crest Electronics, Inc. Crow Electronic Engineering, Inc. DAQ Electronics, Inc. Detection Systems, Inc. DeTekion Security Systems, Inc. Diamond Electronics, Inc.
Digital Security Controls ECSI International, Inc. Elbex American, Inc.
Elmo USA Eltec Instruments, Inc. Fiber SenSys, Inc. Fire Burglary Instruments, Inc./ADEMCO Group Flair Electronics, Inc.
Geoffrey Industries Geoquip Ltd.
George Risk Industries
GPS Standard GYYR, Inc. Harrison Electronic Systems, Inc. Hitachi Denshi America, Ltd.
Ikegami Electronics Intec Company, Inc. Interactive Technologies, Inc. International Electronics, Inc. Javelin Systems /ADEMCO Group Magal Security Systems, Ltd.
Napco Security Systems Optex, Inc.
Pach & Company
Panasonic
Pelco Perimeter Products, Inc.
Philips CSI Presearch, Inc. PROTECH/Protection Technologies, Inc. PULNIX Sensors, Inc. Relay Systems Security Corp.
Remsdaq
Rokonet Electronics Safeguards Technology, Inc.
Salco Industries Sensormatic Electronics Corp. Senstar-Stellar Corp. Sentrol/Interlogix, Inc.
Sony Security Systems Southwest Microwave, Inc.
Tane Alarm Products Ultrak, Inc.
United Security Products
Vicon Vision Systems, Inc. /ADPRO
Visonic Group
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