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Perimeter Intrusion Detection Systems Market Size to Enlarge with Growing Revenue at 14.5%, of CAGR till 2026| Jacksons Fencing, Flir Systems, UTC Climate, Southwest Microwave, etc.

03-24-2020 10:39 AM CET | IT, New Media & Software

Press release from: Reports And Data

Perimeter Intrusion Detection Systems Market Size - USD 11.07 Billion in 2018

Perimeter Intrusion Detection Systems Market Size - USD 11.07 Billion in 2018

The global perimeter intrusion detection systems market is forecast to reach USD 32.99 Billion by 2026, according to a new report by Reports and Data. Intrusion detection systems for premises are tailored to suit any size perimeter and gives an effective way to boost security measures. It can be used with an existing security fencing for total coverage. Many large-sized organizations, factories, warehouses, and storage sites can benefit from having a PIDS system in place.

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Companies considered and profiled in this market study

Jacksons Fencing, Flir Systems, UTC Climate, Southwest Microwave, Honeywell Interntional Inc, Controls & Security, Future Fibre Technologies, Schneider Electric, Johnson Controls, CIAS Elettronica Srl, Advanced Perimeter Systems, Rbtec Perimeter Security Systems, Fiber Sensys, Anixter, and Detekion Security Systems, among others

The system initiates warning of any climbing or suspicious activity anywhere on the perimeter in which it is installed. For instance, the system can detect any unwanted intruders during any theft of precious goods, such as steel or copper. The system uses a cable that runs around the existing fencing and alarms when triggered by any movement. From chain link to welded mesh fencing, PIDS can work with everything to improve the perimeter's security. Thus, the system is cost-saving since it does not need the existing fence to be taken out.

Further key findings from the report suggest

1. Among the deployment types, barrier-mounted accounted for the largest market share of ~25% in the year 2018. These detection systems are equipped with DAS cable and other motion sensors mounted on the perimeter. These perimeter intrusion systems are ideal for large premises and detect any movement inside or outside the premises.

2. North America held the largest market share of ~29% in the year 2018. The region has successfully adapted perimeter intrusion detection systems technologies and is investing highly in newer technologies like cloud computing, artificial intelligence, the internet of things, and more. All these factors together will boost the market in the region, allowing it to lead the market throughout the forecast period. Moreover, the presence of several players in the market, such as Johnson Controls, Honeywell, RBtec Perimeter Security Systems, Anixter, and FLIR Systems, also boosts the market growth in the region.

3. The ground-based deployment is forecasted to witness the highest growth rate of 15.5% during the forecast period. The detection systems are equipped with DAS cable and pressure-sensitive cable or electromagnetic field and do not require any physical barrier. These systems initiate a warning on the detection of any intrusion into the premise.

4. The services component is forecasted to witness a higher growth rate of 15.0% during the forecast period. The segment includes professional and managed services. The demand for managed services is a significant factor driving the segment.

5. Among the components, solutions accounted for a larger market share of ~55% in the year 2018. The segment includes sensors and surveillance systems such as microwave sensors, radar sensors, cameras, servers, video analytics, and many more.

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For the purpose of this report, Reports and Data have segmented into the global Perimeter Intrusion Detection Systems market on the basis of component, organization size, deployment, industry vertical, and region:

Component Outlook (Revenue, USD Billion; 2016-2026)

Services
Solutions

Deployment Outlook (Revenue, USD Billion; 2016-2026)

Barrier-Mounted
Ground-Based
Free-Standing
Rapidly Deployable
Hybrid

Organization Size Outlook (Revenue, USD Billion; 2016-2026)

Small and Medium Sized Organizations
Large Organizations

Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)

Infrastructure
Military & Defense
Government
Residential
Industrial
Commercial
Others

Regional Outlook (Revenue, USD Billion; 2016-2026)

North America
Europe
Asia Pacific
MEA
Latin America

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https://www.reportsanddata.com/report-detail/perimeter-intrusion-detection-systems-market

Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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John Watson
Head of Business Development
Reports And Data
40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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