Increasing Criminal Activities and Improving Technology to Spur Perimeter Intrusion Detection Systems Market

Intrusion detection systems play a vital role in securing the perimeter or infrastructure from any kind of intrusive activity. These systems are usually installed by burying or mounting the devices to a structure such as, fence of any building. Over the past few years, perimeter security systems that were used only in military & defense and other sites with high risk, are now penetrating the commercial, industrial, and transportation sectors, among others as well.

What Drives the Market?

The overall market for perimeter intrusion detection systems has seen a considerable growth over the past few years, thanks to the advancing technology, implementation of strict laws and regulations, and increasing number of criminal activities and terrorist attacks. Moreover, microwave sensors can work well in any type of weather condition, which why there has been an increase in adoption of these sensors. The segment of critical infrastructure was the dominant market among verticals, mainly because they can be operated in critical and emergency situations like power outages and uneven power voltage.

However, higher costs of initial deployment of this technology in SMBs and false alarm rates may act as main challenges for the growth of this market.

What the Market Looks Like?

Estimated to grow at a CAGR of 7.4% during the forecast period, the perimeter intrusion detection systems market is projected to reach USD 3.37 Billion from USD 2.36 Billion by the end of 2020. The largest share of this market among all the regions lies with North America, followed by Europe. However, Latin America is expected to grow at the highest CAGR between 2015 and 2020.

By technology, the microwave sensors segment and among verticals, the critical infrastructure segment dominated this market in 2015. Among services, the system integration and consulting service is estimated to hold the largest share, whereas maintenance & support service is likely to change the face of perimeter intrusion detection systems over the forecast period.

The dominant players in the market for perimeter intrusion detection systems comprise Axis Communications, United Technologies, Anixter International, Inc., Honeywell International, Inc., Schneider Electric SE, Southwest Microwave, Tyco International Ltd., Xtralis, Flir Systems, Inc., Senstar Corporation, and PureTech Systems, among others.

Request PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=24453689

Research Scope
The global perimeter intrusion detection systems market is segmented into following categories and sub-categories:
• Technology: Microwave Sensors, Infrared Sensors, Fiber-Optic Sensors, Radar Sensors, Others
• Service: System Integration and Consulting, Managed Services, Maintenance and Support, Risk Assessment and Analysis
• Deployment: Open Area, Fence Mounted, Buried
• Vertical: Critical Infrastructure, Military & Defense, Government, Transportation, Industrial, Correctional Facilities, Commercial, Others
• Geography: North America, Europe, Asia-Pacific, Middle East & Africa, Latin America

Share this post:

Recent Posts

Comments are closed.