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Perimeter Intrusion Detection Systems Market Worth 5.82 Billion USD by 2021


News provided by

MarketsandMarkets

22 Mar, 2017, 15:00 GMT

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PUNE, India, March 22, 2017 /PRNewswire/ --

According to a new market research report "Perimeter Intrusion Detection Systems Market by Solution (Sensors (Microwave, Radar), Services (System Integration & Consulting)), Deployment Type (Open Area, Fence Mounded, Buried), Vertical (Commercial, Industrial), and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size is estimated to grow from USD 4.12 Billion in 2016 to USD 5.82 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 7.1%.

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Browse 66 market data Tables and 45 Figures spread through 125 Pages and in-depth TOC on "Perimeter Intrusion Detection Systems Market"

http://www.marketsandmarkets.com/Market-Reports/perimeter-intrusion-detection-system-market-24453689.html

Early buyers will receive 10% customization on this report. 

The major forces driving this market include the increasing risk of terrorism and infiltration, increasing government regulations on perimeter security, and significant reduction in manpower cost offered by these systems. The perimeter intrusion detection systems solutions (sensors and services) are used across diverse industrial verticals, such as critical infrastructure; military & defense; government; transportation; industrial; correctional facilities; commercial; and other verticals, such as educational and residential facilities.

Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=24453689

Sensors sub segment of solution is estimated to hold the largest market size in the perimeter intrusion detection systems solution market in 2016 

The sensors segment is expected to play a key role in changing the perimeter intrusion detection systems solution market landscape during the forecast period and it also expected to have the largest market size during the forecast period. Perimeter intrusion detection systems are equipped with various types of sensors, such as microwave sensors, radar sensors, fiber-optic sensors, infrared sensors, and others (geophone seismic sensors, e-field sensors, vibration sensors, acoustic sensors (air turbulence), and laser sensors). These sensors are integrated into the perimeter intrusion detection architecture and form a strong line of defense to tackle a variety of sophisticated threats.

Open area segment is expected to be the fastest-growing deployment type segment during the forecast period 

The open area deployment type is expected to be the fastest-growing deployment type segment as this deployment type usually covers a larger area, offers volumetric protection, and has huge demand from transportation and commercial facilities.

The North American region is expected to contribute to the maximum market share to the overall Perimeter Intrusion Detection Systems Market 

The highest defense budget & expenditure and the increasing need for security against terrorist attacks are among the main factors responsible for the largest market size in North America. Latin America offers potential growth opportunities for the Perimeter Intrusion Detection Systems Market to grow, as the countries in this region are investing heavily to deploy perimeter intrusion detection systems.

The major vendors in the Perimeter Intrusion Detection Systems Market include Honeywell International Inc. (U.S.), FLIR Systems, Inc. (U.S.), Tyco International PLC (U.S.), Anixter International Inc. (U.S.), Axis Communications AB (Sweden), Schneider Electric (France), Senstar Corporation (Canada), Southwest Microwave (U.S.), RBtec Perimeter Security Systems (U.S.), and Advanced Perimeter Systems Limited (U.K.).

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=24453689

Browse Related Reports 

Pipeline safety Market by Technology and Solution (Pipeline Monitoring Systems, Secure Communication, Perimeter Intrusion Detection, SCADA for Pipelines, Intrusion Control Systems Security), Service, Vertical, and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/pipeline-safety-market-187556390.html

Perimeter security Market by System (IDS, Video Surveillance, Alarms & Notification, Access Control), Service (System Integration & Consulting, Risk Assessment, Managed Services, Maintenance & Support), Vertical, Region - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/perimeter-security-market-1311.html

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About MarketsandMarkets 

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues; currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets is now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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