Perimeter security, which is also known as perimeter
protection is a security solution which uses technology to protect a property’s
perimeter or site from unofficial access. It comprises security fencing and
gates. Moreover, the advanced technology in perimeter security integrates
additional barriers which provide added protection and security against
intrusion. The
perimeter security technologies are video cameras, ground surveillance radars,
steerable secure wireless communication, motion detection, thermal cameras,
portable perimeter protection systems, microwave fences, and many others. The use of perimeter security systems is rising
across various verticals such as military sites, critical infrastructure and
other high-risk verticals to avoid and detect intrusions. Increasing incidences
of terrorism activities, sabotage, theft, and illegal immigration has resulted in
significant increase in demand for advanced security systems worldwide. South
Asia was the highly impacted region owing to the terrorism incidences in 2019 in
spite of improvement in India, Afghanistan and Pakistan. In addition to this, a
major increase in the far-right terrorism has been observed in the past few
years. Terrorism cause major impact on the economy owing to heavy financial
cost and therefore, the requirement for advanced perimeter security solutions
is important for the economic growth. Governments across the geographies are significantly
focusing on establishing regulations and industry standards for perimeter
security to reduce terrorism and secure vital infrastructure sites. For example,
the European Leadership Network, a pan-European think-tank emphasizing on
European foreign, defense and security, has developed the conception of social
impact bonds in relation to terrorism with particular focus on securing hazardous
materials such as radioactive medical waste which can be used in advanced
terror attacks. In addition to this, focus on protecting human rights and
countering terrorism by the Organization for Security and Co-operation in
Europe (OSCE) is projected to spur the growth of the perimeter security systems
in Europe. The factors such as dearth of technical expertise and the requirement
for security training and awareness are likely to impede the market growth.
Moreover,
the growing concern of theft in banks, offices, and warehouses, is resulting in
a rising adoption for perimeter security in commercial buildings. Rising
concern for safety and security in banks, warehouses, and offices to protect
the property rights, confidential business information, and money &
personal belongings are expected to fuel the demand for perimeter security
services. Furthermore, the rising burglary in banks, as well as hacking and
transfer of sensitive information from offices, thefts in warehouses during
weekends and odd hours require enhanced security for these commercial
buildings.
The
global Perimeter Security Market is segregated on the basis of System as Access
Control Systems, Alarms & Notification Systems, Intrusion Detection Systems,
Video Surveillance Systems, Barrier Systems and Others. Based on Service the
global Perimeter Security Market is segmented in System Integration &
Consulting, Risk Assessment & Analysis, Managed Security Services and Maintenance
& Support. Based on End-use the global Perimeter Security Market is
segmented in Government, Military & Defense, Transportation, Commercial, Industrial
and Others.
The
global Perimeter Security Market report provides geographic analysis covering
regions, such as Europe, North America, Asia Pacific, and Rest of The World.
The Perimeter Security Market for each region is further segmented for major
countries including the U.S., Canada, Germany, the U.K., France, Italy, China,
India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Agent
Video Intelligence Ltd., Aimetis Corp., Ameristar Perimeter Security, Apex
Fabrication and Design, Inc., Apex Perimeter Protection and others are among
the major players in the global Perimeter Security Market. The companies
studied in terms of product strategy and various n several growth and expansion
strategies to gain a competitive edge in the market. The major players not only
follow value chain integration with business operations in multiple stages of
the value chain.
- In March
2020, Dahua Technology introduced Retail Epidemic Safety Protection Solution which
would support retailers with daily operations and enhance business efficiency.
With the government and other organizations continually opting for various
measures to keep the staff as secure as possible, the Retail Epidemic Safety
Protection Solution would slow down the proliferation of the virus and make a
safe in-store shopping experience for customers.
- In
October 2019 Honeywell declared the creation of Honeywell Robotics. It is a sophisticated
technology center of excellence emphasized on innovating and developing
artificial intelligence, computer vision, machine learning and advanced
robotics for use across supply chains.
The global Perimeter Security Market has been
segmented as below:
Perimeter
Security Market, By System
- Access Control Systems
- Alarms & Notification Systems
- Intrusion Detection Systems
- Video Surveillance Systems
- Barrier Systems
- Others
Perimeter
Security Market, By Service
- System Integration & Consulting
- Risk Assessment & Analysis
- Managed Security Services
- Maintenance & Support
Perimeter
Security Market, By End-use
- Government
- Military & Defense
- Transportation
- Commercial
- Industrial
- Others
Perimeter
Security Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Perimeter
Security Market, By Company
- Stratasys, Ltd.
- Siemens AG
- Robert Bosch GmbH
- ABB Limited
- Emerson Electric Co.
- Fanuc Corporation
- General Electric Company
- Honeywell International
- Johnson Control International Plc
- Mitsubishi Electric Corporation
- Rockwell Automation
- Schneider Electric
- Yokogawa Electric
The
report covers the below scope:
- Global Perimeter Security Market
sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Perimeter Security Market
trends, covering comprehensive range of consumer trends & manufacturer
trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Perimeter
Security Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Perimeter Security Market report scope
includes detailed study covering underlying factors influencing the industry
trends. The report covers analysis on regional and country level market
dynamics. The scope also covers competitive overview providing company market
shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares
and profiles key participants in the global Perimeter Security Market share.
Major industry players with significant revenue share include Agent
Video Intelligence Ltd., Aimetis Corp., Ameristar Perimeter Security, Apex
Fabrication and Design, Inc., Apex Perimeter Protection and others.
Why to
Buy this Report:
- Gain detailed insights on the Perimeter Security
industry trends
- Find complete analysis on the
market status
- Identify the Perimeter Security
Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement