Perimeter Protection Market Scope
The increasing threat of terrorism and cross border intrusions has forced governments to impose stringent regulations about the safety of nations will help to boost the global Perimeter Protection market. Perimeter Protection is a term used to define technologies and systems that protect businesses, people, and assets that are located within a ground by blocking unauthorized access. The growth of smart cities and infrastructure is a key factor boosting the market growth. Government support for implementing different security systems at critical locations is on the rise. In recent years, there has been a significant rise in illegal activities, breach of security systems, planned crimes, and higher terrorism activities. This has led to increased awareness among citizens, industries, and governments.
The market study is being classified and major geographies with country level break-up. According to AMA, the Global Perimeter Protection market is expected to see growth rate of 7.7%
Industry players are adopting various strategies such as mergers and acquisitions, partnerships with other firms for particular technologies, and new product development Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Perimeter Protection market throughout the predicted period.
Axis Communications AB (Sweden), Hangzhou Hikvision Digital Technology Co. Ltd. (United States), Bosch Security Systems (Germany), Dahua Technology Co., Ltd. (China), Honeywell International Inc. (United States), Southwest Microwave, Inc. (United States), RBtec Perimeter Security Systems (United States), Fiber SenSys, Inc. (United States) and CIAS Elettronica (Italy) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Senstar Corporation (Canada) and PureTech Systems, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Perimeter Protection market by Type, Application and Region.
On the basis of geography, the market of Perimeter Protection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- Increasing Installations of Video Surveillance Systems for Perimeter Security
- Increasing Government Regulations On Perimeter Security
- Rise in the Number of Perimeter Intrusions, Leading to Property Damage and Data Theft
- Increased Need to Reduce Manpower Cost
- Evolution of Next-Generation Integrated Systems for Perimeter Security Systems
- Increasing Urban Infrastructure Across the Globe
- High Initial Deployment Cost
- Lack of Technical Expertise and Security Skills
- Ensuring High Detection Probabilities With Low False Alarm Rates
- Integrating the Existing Systems With New Technologies
Key Target AudienceGovernment Regulatory Bodies, Private Research Organization, Government Research Organization and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase