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US Demand for Security Products to Reach 21 Billion by 2016, Rising 7.3% Annually
Growth for security systems continues to be driven by a high perceived risk of conventional violent and property crimes as well as white collar crimes and terrorism, despite a long-term trend of falling crime rates.
By: PR Newswire
Sep. 5, 2012 02:01 PM
FARMINGTON, Conn., Sept. 5, 2012 /PRNewswire-iReach/ -- Over a decade after the tragic events of September 11, 2001, the US and global markets for security products continue to grow rapidly, driven by high perceived threats, despite long-term downward trend in crime rates. As such, most markets for security products are expected to post solid gains through 2016, supported by the economic recovery and rebound in many types of building construction. Many homeowners and businesses will undertake investment projects put off during uncertain economic times, and technological advances will provide more opportunities for products to flourish.
These new market research reports available from Global Information Inc (GII) offer unique and valuable insight into this rapidly shifting market, providing detailed information that will prove indispensable for CEOs, marketers, product managers, suppliers, service providers, government agencies, investors, analysts and regulators. With over 1000 defense, aerospace, military, and security market research reports, and new reports published daily, GII is the go-to market research supplier for thousands of businesses around the globe.
Security Products Market Research & Forecast
The US market for security products, led by electronic access controls, is expected to increase 7.3% annually to reach $21 billion in 2016. Ongoing technological improvements that enhance the accuracy, ease of use, and speed of operation of electronic security systems will bolster spending, not only by fueling interest in upgrading existing security systems but also by improving market penetration. The falling prices of many high-end electronic security components have further boosted gains by increasing market penetration across a broadening customer base. In addition, the recovery in building construction and the housing market will bolster sales of mechanical security products, particularly locks.
Growth for security systems continues to be driven by a high perceived risk of crime (from conventional violent and property crimes to white collar crimes and terrorism), despite a long-term trend of falling crime rates. This perception is the result of widespread media coverage of high profile crime events. Additionally, many believe that public safety officials are overburdened, so supplemental security arrangements may be deemed necessary.
This industry study, Security Products, presents historical demand data (2001, 2006 and 2011) along with forecasts for 2016 and 2021 by product and market. This study also considers market environment factors, evaluates company market share, and profiles 40 US industry competitors.
For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/fd120979-electronic-security.html
The Container Tracking and Security Market 2012-2022
The container tracking and security market, which first started to sprout in 2000, is a relatively young market. Although the world has faced recession and some parts of the world continue to face crisis, world trade and container trade has grown exponentially since the 1990s. Container shipping may face a dip in the coming years, but this does not deter the fact that number of TEU has grown over years and will continue to grow. This new market research report forecasts the container tracking and security market will be worth $620 million in 2012.
World container traffic is dominated by Asia, whereas the tracking and security concerns are now focussed in North America, and to an extent in Europe. Following the 9/11 tragedy, shipping container security has always been a point of concern especially because a 40 ft container can accommodate, 30,000 kg of conventional high explosive material or even terrorists. Container tracking overlaps the concern of security in addition to better customer service, monitoring sensitive cargo, cargo thefts and tracking containers at ports for better management and high throughput of ports.
This report provides insight into key drivers and restraints behind contract and program developments, as well as identifying leading companies. The report also provides a unique blend of qualitative analysis combined with extensive quantitative data including global, submarket and national markets forecasts from 2012-2022 - all highlighting key business opportunities
For a detailed executive summary and table of contents or request free sample pages from the full report, please visit http://www.giiresearch.com/report/kt248648-container-tracking-security-market.html
Digital Video Security Cameras
Digital Video Security Cameras compiles data from multiple surveys to present a comprehensive analysis of the market for networked security cameras, including current adopters, top brands, and the impact of new remote-management services. This report offers a detailed analysis of historical and forecast networked security camera adoption, ownership and purchaser demographics, revenue analysis, cost analysis, brand and brand awareness, and much more.
For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/park249400-digital-video-security-cameras.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc.,, 1-860-674-8796, Press@gii.co.jp
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SOURCE Global Information, Inc.
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