Perimeter intrusion detection systems are installed in outdoor surroundings that provide protection to the consumers by detecting the intruder’s incidences in their property. Sensors used in these systems include fiber-optic sensors, radar sensors, infrared sensors, and microwave sensors. Generally, these systems are installed in an open area, fences, and underground. Perimeter intrusion detection systems (PIDS) provide protection from the number of normal commercial risks including factories, garages, warehouses, government premises, industrial estates, and critical national infrastructure.
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Increasing adoption of video surveillance system
Rising concern over security is one of the major reasons behind the increased demand for video surveillance systems, which results in higher growth in the perimeter intrusion detection systems market. Video surveillance is a major part of the security system that supports the protection of assets, individuals, and facilities. The video surveillance industry is one of the oldest industry and has witnessed various technological developments in communication, vision technology, and content distribution. It is expected that the global video surveillance market is expected to grow at a speed of over 10% annually. Various factors affecting the video surveillance industry are the increasing number of smart cities, aggressive price competition, and development in intelligent analytics.
The rise in the terrorist attacks and infiltration activities
There has been a rise in the infiltration activities and terrorist attacks in the past few years. In order to provide security to the confidential data and the common people, governments around the world are investing a heavy amount on security systems, which is further expected to drive perimeter intrusion detection systems market over the forecasted period. It is recorded that terrorists killed around 21,000 people in the world each year. Out of these, 95% of deaths in 2017 happened in Africa, the Middle East, and South Asia. Moreover, strict government regulations to improve national security and intrusion detection systems are another significant factor contributed to the growth of the perimeter intrusion detection systems market in the given analysis period.
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Government & defense holds the significant market share
Based on the vertical segment, the global perimeter intrusion detection systems market is categorized into government & defense, aerospace, industrial, transportation, and commercial. Among these, government & defense vertical is expected to have a significant market share in the given analysis period. Huge budget allocation on the defense sector and increasing necessity of critical infrastructure security are some of the factors driving this segment in the global perimeter intrusion detection systems market.
North America holds the largest share in the global market
Geographic regions included in the global perimeter intrusion detection systems market study are Europe, South America, North America, Asia Pacific, and Middle East & Africa along with its major countries. Among these regions, North America is expected to hold the largest share in the global market in a given forecasted period. The huge budget allocated by the US government for the defense sector and the increasing necessity of a strong security system against terrorist activities are some of the significant factors significantly affecting the growth of perimeter intrusion detection systems market in the region. In addition to this, constant technological developments and product innovations in the region are expected to drive the global market in the North America region.
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Key Market Players
- Rbtec Perimeter Security Systems
• Southwest Microwave
• Advanced Perimeter Systems
• Fiber Sensys
• Cias Elettronica Srl
• Honeywell
• Flir Systems
• Johnson Controls
• Anixter
• Axis Communications
• Schneider Electric
• Senstar
Market Segments: Perimeter Intrusion Detection Systems Market
By Component
Hardware
Software
Services
By Deployment Type
Open Area
Fence Mounted
Buried
By Vertical
Government & Defense
Aerospace
Industrial
Transportation
Commercial
By Region (tentative)
North America
US
Canada
Mexico
Europe
Germany
France
UK
Russia
Asia Pacific
China
India
South Korea
Japan
South-East Asia
The Middle East and Africa
Saudi Arabia
South America
Brazil
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In the historic year 2017, the global enhanced oil recovery market size was registered at USD 94.12 Billion.
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The global ADAS market size is projected to reach USD 81.14 billion by 2025.
The factors that are driving the ADAS market include increasing importance of safety features for automotive consumers.
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