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Date Trend snippet:
12 May 2021
Relevance date:
2020
Type of Treath or Oppertunity
Domain of application
Source of threat
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- Trend snippet: Growing world market for Intruder Alarm/Perimeter Protection (IA/PP) products
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The HSD Trendmonitor is designed to provide access to relevant content on various subjects in the safety and security domain, to identify relevant developments and to connect knowledge and organisations. The safety and security domain encompasses a vast number of subjects. Four relevant taxonomies (type of threat or opportunity, victim, source of threat and domain of application) have been constructed in order to visualize all of these subjects. The taxonomies and related category descriptions have been carefully composed according to other taxonomies, European and international standards and our own expertise.
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Growing world market for Intruder Alarm/Perimeter Protection (IA/PP) products
The world market for IA/PP products reached $6.98Bn in 2019 and will grow to $8.83Bn in 2024 at a CAGR of approximately 4.8%, the highest growth we have recorded in the last 11 years. Perimeter security has become a much more important issue in critical infrastructures such as utilities, transportation, government and defense establishments because of the increasing number of threats, which could disrupt operations and lead to huge losses across the whole economy. Demand for IA/PP systems has grown at a faster pace through the integration with Video Surveillance and Access Control. Demand for intruder sensors and alarm products being the staple products of this business have had only a marginal impact on growth in demand. IA/PP is now pushing forward by applying and connecting; radar, thermal / multi-sensor cameras, advanced sensor technologies, wireless technology and also deeper integration with video surveillance & access control. The main driver for growth in the next five years will be the increase in investment in industrial complexes particularly in Asia and the BRIC countries and advances in sensor technologies microwave, active infrared, passive infrared, fiber optics and acoustic sensors. These sensors usually cover large areas and offer volumetric protection by detecting the motion of the intruder within the protected space.
More source info
The Intruder Alarm / Perimeter Protection market (IA/PP) is at last shaking off its reputation of being the poor relative of the Physical Security business. It is now pushing forward by applying and connecting; radar, thermal / multi-sensor cameras, advanced sensor technologies, wireless technology and also deeper integration with video surveillance & access control.
Access Control and Video Surveillance businesses growth rates have been running at least double IA/PP
because they have been driven by new innovative products that have contributed to reducing operating costs. Now IA/PP is being to benefit from this as well. Nevertheless growth has slowly increased over the last 5 years and we forecast that it will at least retain this performance for the next 5 years.
The world market for IA/PP products reached $6.98Bn in 2019 and will grow to $8.83Bn in 2024 at a CAGR of approximately 4.8%, the highest growth we have recorded in the last 11 years. Perimeter security has become a much more important issue in critical infrastructures such as utilities, transportation, government and defense establishments because of the increasing number of threats, which could disrupt operations and lead to huge losses across the whole economy.
More companies are taking an active role in this industry offering new solutions. Axis Communications, last year announced their Axis Perimeter Defender product, a video analytics application for intrusion detection. With this launch, Axis is enabling its partners to deliver a scalable and flexible perimeter defense solution through combining cameras with their network horn speakers and third party video management software.
The application forms a comprehensive, video-based solution for perimeter surveillance and protection. Similarly Canada-based Senstar a subsidiary of the Israeli company Magal S3 announced the acquisition of Aimetis for $14m USD in 2016. This acquisition allowed Senstar to become an end-to-end solution provider of outdoor sensors and integrated video assessment for the perimeter protection business.
Radar technology has increased its penetration of perimeter security. 2 companies that specialize in this business are Blighter Surveillance Systems and Navtech Radar respectively based in Cambridge and Oxford, United Kingdom. In 2018, Halma Plc acquired Navtech Radar for £21 million.
Blighter Surveillance Systems offers an electronic-scanning radar and sensor solution and has supplied a number of its Blighter B400 long-range ground surveillance radars to Siemens for installation at a national infrastructure site in Europe. These radars combine patented solid-state Passive Electronic Scanning Array (PESA) technology with advanced Frequency Modulated Continuous Wave (FMCW) and Doppler processing.
The main driver for growth in the next 5 years will be the increase in investment in industrial complexes particularly in Asia and the BRIC countries. Advances in sensor and wireless technologies and new radar detection products together with integrating Video Surveillance, Access and outdoor lighting is strengthening this market.
Demand for IA/PP systems has grown at a faster pace through the integration with Video Surveillance and Access Control. Demand for intruder sensors and alarm products being the staple products of this business have had only a marginal impact on growth in demand.
The intruder alarm equipment industry has traditionally been driven by two factors, local legislation and the insurance provider requirements that business owners install intrusion systems or by residential consumers that purchase an intrusion system from a local dealer. The first is fairly common, regardless of geographical location. Insurance companies have calculated that intrusion systems decrease the number of burglaries, which would cost the insurance company money and so offer incentives such as discounts on their premiums.
The main driver for growth in the next five years will be the increase in investment in industrial complexes particularly in Asia and the BRIC countries and advances in sensor technologies microwave, active infrared, passive infrared, fiber optics and acoustic sensors. These sensors usually cover large areas and offer volumetric protection by detecting the motion of the intruder within the protected space.
Source:
External
Major Trends in the Intruder/Perimeter Protection Market 2020
Date published
30 January 2020
Author:
Memoori