
According to MRFR, the global perimeter intrusion detection systems market 2020 is expected to reach USD 6 billion by 2023 at a CAGR of 6% over the review period 2017-2023.
Market Scenario
Adoption of fiber optics technology and network security technologies is pushing the perimeter intrusion detection systems market to expand. It is extensively used by sensing, questioning, and networking, and others, to deliver end-to - end intrusion detection solutions. There is an increasing demand for remote access via the cloud, and wireless technology is fueling market growth in security systems. Perimeter intrusion detection systems are commonly used in advanced video processing, video motion detection, microwave ovens, radar video monitoring, electromagnetic, infrared rays, electronic safety detection and others. These broad spectrums of applications greatly boost market growth.
The increase in false alarm rates, on the other hand, hinders market growth. In addition, the challenges of integrating the current systems with the latest technologies are restricting business development. Conversely, the current perimeter intrusion detection systems have the high false alarm rate that hinders global market growth. The issues that are related to the integration of present systems with the new advanced technologies are keeping the market unstable.
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Notable Players in The Global Perimeter Intrusion Detection Systems Market Are:
- Southwest Microwave
- Anixter International Inc.
- Honeywell International Inc.
- Schneider Electric
- Advanced Perimeter Systems Limited
- RBtec Perimeter Security Systems
- Axis Communications AB
- FLIR Systems, Inc.
- Senstar Corporation
- Tyco International PLC
Market Segmentation
The global market for perimeter intrusion detection systems is segmented according to components, type of deployment, verticals, and region. The part is segmented into hardware (sensors (seismic sensors, acoustic glass-break sensors, and shock sensors), solution, facilities (managed services, maintenance & support, system integration & consulting, risk assessment & analysis), and others. The form of deployment is further segmented into open field, buries, fence mounted, etc. The vertical component is further divided into aerospace, government & defense, transport, manufacturing, commercial and other sectors.
Regional Outlook
The regional analysis of perimeter intrusion detection systems market is being studied for region such as North America, Asia pacific, Europe and Rest of the World. North America is one of the leading regions across the world in terms of market share in perimeter intrusion detection systems market as the perimeter intrusion detection systems are widely used in various sectors aerospace, government & defense, transportation, industrial, commercial, and others. The demand for perimeter intrusion detection systems in Europe area is expected to see rapid growth in the years ahead. Though Asia Pacific countries such as China , Japan and India are an emerging player in the market for perimeter intrusion detection systems and are expected to develop at the highest CAGR in the coming years, as companies are interested in targeting perimeter intrusion detection systems in these markets to meet customer requirements.
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Intended Audience
- Perimeter intrusion detection systems providers
- Advertising agents
- Marketing solution providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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