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Home Security Products And Solutions Market to Witness an Outstanding Growth During Forecoming Years
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This comprehensive report presents a detailed analysis and forecast of the global home security products and solutions market over an eight year forecast period 2017 - 2027 after studying the performance of the market over a four year historical period from 2012 to 2016.
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Key Players:
The report has profiled some of the Important players prevalent in the global like - Honeywell International Inc, Robert Bosch Gmbh, United Technologies Corporation, ADT Corporation, Secom Co., Ltd, Assa Abloy, Hangzhou Hikvision Digital Technology Co., Ltd, Allegion PLC, Zhejiang Dahua Technology Co., Ltd, Godrej and Boyce Mfg. Co. Ltd., Alarm.Com, Control4, Nortek Security and Control, Dallmeier Electronic Gmbh & Co. KG, Cognitive Systems Corp, and Stanley Security and more.
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This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Home Security Products And Solutions.
Global Home Security Products and Solutions Market: Segmentation & Forecast
The global home security products and solutions market has been segmented on the basis of Technology and Services into Fire Protection Systems, Video Surveillance Systems, Access Control Systems, and Services; and on the basis of Region into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
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In 2016, the Fire Protection Systems segment was valued at US$ 0 Mn and is projected to reach US$ 3845.2 Mn by the end of 2027, registering a CAGR of 11.7% from 2017-2027. This segment will represent incremental opportunity of US$ 2428.2 Mn between 2017 and 2027.
The Video Surveillance Systems segment is expected to represent incremental opportunity of US$ 4 Mn between 2017 and 2027 and grow at a CAGR of 12.0% from 2017-2027.
In 2016, the Access Control Systems segment was valued at US$ 753.3 Mn and is projected to reach US$ 2051.9 Mn by the end of 2027, witnessing a CAGR of 12.1% from 2017-2027.
Among the regional markets, the North America home security products and solutions market is anticipated to increase 2.4X in terms of value between 2017 and 2027.
The Europe regional market for home security products and solutions will reach a market valuation of US$ 2592.9 Mn by the end of 2027 from an estimated US$ 1,054.5 Mn in 2017, registering a CAGR of 11.9% during the forecast period. The Europe regional market is anticipated to witness steady growth in terms of revenue during the eight year period 2017 to 2027.
The Asia Pacific market for home security products and solutions will witness a robust CAGR of 12.1% from 2017-2027.
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