Security Equipment Market Research Reports, Analysis & Trends
Security equipment industry comprises companies that operate by manufacturing, producing, supplying and providing services of security equipments such as specialized door locks with key cards, biometric and combinations, closed circuit television systems, security alarms, motion sensors, and much more advanced systems that are meant to provide the maximum protection and security. All the security equipments mentioned are not strictly for residential or official use but they are used in wide range and wide variety of places including local, state and federal government organizations, prisons, corporate and individual patrons in the private sectors. Even though majority of the companies tend to have their own site security that relegates who gets the access to offices or entry in the official premises, the security equipments are generally used in majority of the places and in most places, security equipments do solve a many number of problems whereas human eyes don't catch.
Security Equipment is at the heart of any security system installed at a site. For corporate offices, in many cases, it is whether controlled by a security guard, a pass key lock with key-card access, or something much more involved like a biometric lock using a finger print or retina scan, and these pieces of equipment represent an important investment for the facility owner, acting as a selling point for potential lessees and offering peace of mind to current tenants for lessors, and protecting investments, employees, and confidential information for corporations or individuals. Companies dealing with more specialized industries such as tech firms, defense contractors, munitions manufacturers, healthcare facilities and prisons require specialized equipment (in addition to the standard security equipment purchase) to allow them to perform their functions efficiently while maintaining and acceptable level of safety for their stakeholders. Offering insight into such essential data points as market strategies, market share, sales, projections, analyzes, opportunities, segmentation, size and growth in both the US and Global Markets.
Security Equipment Current Trends
World demand for security equipment will advance 7.0 percent annually to $117 billion in 2016. The fastest gains will be in parts of Asia, Eastern Europe, Africa, and the Middle East where security markets are relatively underdeveloped. The dominant electronic security products segment will outpace mechanical security equipment. This study analyzes the $83.1 billion world security equipment industry. It presents historical demand data for the years 2001, 2006 and 2011, with forecasts for 2016 and 2021 by products such as access control and video surveillance, alarms, locks, and market such as commercial and industrial, government and institutional, residential, and world region and for 18 major countries. And also considered are the market environment factors, details industry structure, evaluates company market share and profiles of different companies in order to analyze better.
Major Security Equipment Players
Major players in the security equipment industry include United Technologies, Tyco International, Apollo America, Scott Safety Products, Apollo Fire Detectors, CEM Systems, Texecom, Fire Fighting Enterprises, Hamilton Safe, Master Lock, Picard-Serrures, Securidev, and ASSA ABLOY.