Perimeter Security Systems and Solutions Market - Global Industry Analysis Forecast 2014 – 2020
Perimeter security
encompasses physical security of the facility as well as programmatic
security policies which enforce protection against any malicious
activity. Factors such as illegal immigration, constant risk of
terrorism, anti-government protests and increasing criminal
activities have led to the need for advance perimeter security
solutions. Perimeter security solutions deploy technologies such as
intrusion detection systems, access control systems, video
surveillance systems, and alarms/communication and notification
systems to meet the demands of security. In order to provide an
integrated security solution, such security systems deploy various
sensors such as radar, infrared, microwave, fiber-optic and seismic
sensors along with its video surveillance and communication systems.
Thereby, perimeter security systems and solutions ensure physical and
logical integrity of sensitive government and commercial sites. Such
security solutions have become a necessity at government and defense
sites, critical infrastructural sites such as oil and gas facilities,
chemical industries and nuclear power and research plants. Other
government verticals such as parliament, public transportation as
well as commercial buildings including banks and information
technology infrastructure facilities need to deploy robust perimeter
security solutions.
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Some of the most
important factors driving perimeter security market are increasing
demand for security against terrorist activities and government
regulations. The combination of these factors dictates immense growth
in perimeter security systems and solutions market. Another factor
working towards growth of this market is the need to reduce manpower
costs. The accuracy and availability offered by technological
perimeter solutions provide viable applications in various industries
maintaining critical sites. However, economic slowdown has proved to
be a hurdle in the growth of perimeter security solutions market.
With revenues declining in most of the industries, organizations are
unwilling to incur additional costs for such security solutions.
Moreover, the false alarm rates in such security solutions cause
nuisance and lead to unnecessary protective measures and panic.
Despite its
restraints, the perimeter security and solutions market has
identified several growth opportunities due to increasing use of
video analytics and need for integrated systems. The perimeter
security solutions market can be segmented based on its applications
such as system integration consultancy, commercial and transportation
facilities and video surveillance systems. Companies are
incorporating technologically advanced solutions such as various
kinds of sensors and thermal imaging into their perimeter security
solutions. Such factors have led to rise of immense applications in
hazardous industries, airport perimeter security, oil and
petrochemical facilities, home and school perimeter security, ancient
monuments and historical sites, utility facilities providing gas and
water, power station perimeter, prison and other government
buildings. Banking on such applications, several companies have
invested heavily and are carrying out intense research and
development activities to provide innovative perimeter security
solutions.
Some of the key
players in this market are Honeywell International Inc., Lockheed
Martin Corporation, FLIR Systems Inc., Fiber SenSys Inc., United
Technologies Corporation, Pelco by Schneider Electric and Anixter
Inc. from U.S., Bosch Group from Germany, Axis Communications AB from
Sweden, NICE Systems Ltd. from Israel, Xtralis Pty Ltd. from Ireland,
AVS Electronics from Italy and Axxonsoft from Russia.
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