Perimeter Intrusion Detection Systems Market is expected to grow at a CAGR of around 12% during 2021-2026
According to IMARC Group’s latest report, titled “Perimeter Intrusion Detection Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global perimeter intrusion detection systems market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 12% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A perimeter intrusion detection system (PIDS) prevents privacy breach of a secured area by detecting, tracking, and monitoring unauthorized physical intruders. It includes a wide range of sensors, wires, and active infrared or microwave systems that can either be fence mounted or buried underground. Furthermore, PIDS incorporates audio alarm verification that enables operators to respond quickly and efficiently. It also analyzes threats, secures critical infrastructures, and ensures personnel safety. As a result, PDIS finds extensive applications across military bases, government institutions, prisons, petrochemical sites, airports, storage yards, etc.
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Market Trends
The growing prevalence of terrorist attacks and cross-border breaching activities has catalyzed the adoption of PIDS at international borders, military bases, prisons, and other sensitive sites. Additionally, the rising utilization of PIDS across small and medium enterprises (SMEs) for ensuring the safety of employees and securing critical data is also propelling the market growth. Moreover, the rapid incorporation of PIDS with signal processing, artificial intelligence (AI), machine learning, data analytics, and computing technologies has led to numerous product innovations. Furthermore, the introduction of upgraded variants with higher detection capability and low nuisance alarm rates adaptable to different environments is further expected to drive the market for PIDS in the coming years.
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List of Key Companies Covered in this Market Report:
- Advanced Perimeter Systems Ltd.
- Anixter International Inc. (WESCO International)
- Axis Communications AB (Canon Inc.)
- Cias Elettronica Srl
- Detekion Security Systems Inc.
- Fiber Sensys Inc. (Optex Group)
- Flir Systems Inc.
- Honeywell International Inc.
- Johnson Controls International
- Rbtec Inc.
- Schneider Electric
- Senstar Corporation (Magal Security Systems Ltd.).
The report has segmented the market on the basis of component, deployment type, vertical and geography.
Breakup by Component:
- Solutions
- Sensors and Alarming Systems
- Access Control Systems
- Video Surveillance Systems
- Others
- Services
- System Integration and Consulting
- Risk Assessment and Analysis
- Managed Services
- Maintenance and Support Services
Breakup by Deployment Type:
- Open Area
- Fence Mounted
- Buried
Breakup by Vertical:
- Critical Infrastructure
- Military and Defense
- Government
- Transportation
- Industrial
- Correctional Facilities
- Commercial
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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