DUBLIN, October 18, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Threat Detection Systems Market by Detection Type, Product, Application, and Geography - Global Forecast to 2022" report to their offering.
The threat detection systems market was valued at USD 48.38 Billion in 2015 and is expected to reach USD 119.17 Billion by 2022, at a CAGR of 13.11% during the forecast period. The growth of this market is driven by the increase in the terrorist activities and rising territorial conflicts and geopolitical instabilities. Government regulations also play an important role in the increasing demand for the threat detections systems.
The scope of this report covers the threat detection systems market on the basis of type, product/systems, application, and geography. Video surveillance systems accounted for the largest share of the overall threat detection systems market and is expected to grow at a high rate between 2016 and 2022.
Increasing need for reconnaissance at commercial places, industry premises, and public avenues is one of the prime factors which are leading the demand for video surveillance systems. Video surveillance recordings are also used for investigation purpose in many crime scenarios which is also driving the market for video surveillance systems; this factor is also driving the growth of the threat detection systems market for video surveillance systems.
Public infrastructure is expected to hold the largest market share of threat detection systems. The commercial sector is expected to be the fastest-growing market by 2022. Intrusion detection systems are used on a large scale in office spaces, banks, lodging, and warehouses. Video surveillance systems and biometric systems are used on a large scale in the commercial sector to restrict the unauthorized access.
North America held the largest share of the threat detection systems market in 2015. The region contains several manufacturers and component suppliers of threat detection and border security systems. North America is witnessing a continuous increase in the research & development activities, particularly in the high-energy laser system technologies.
- AXIS Communications AB
- Blighter Surveillance Systems
- Chemimage Corporation
- Chemring Group PLC
- Flir Systems, Inc.
- Lockheed Martin Corporation
- Mirion Technologies, Inc.
- RAE Systems, Inc.
- Rapiscan Systems, Inc.
- Safran S.A.
- Smiths Group PLC
- Thales S.A.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Threat Detection Systems Market, By Detection Type
8 Threat Detection Systems Market, By Product
9 Threat Detection Systems Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/ntw22h/threat_detection
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SOURCE Research and Markets