LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global intruder detection devices market to grow at a CAGR of over 10% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global intruder detection devices market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of intruder detector devices.
The market growth is driven by the increased demand for intruder detection devices in government and commercial offices to manage the database of government securities. The market size is calculated by considering the revenues of key vendors in the market. Intruder detection devices are widely adopted in various application segments such as the retail stores, restaurants, healthcare, office spaces, manufacturing units, and detention centers.
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Technavio analysts highlight the following three factors that are contributing to the growth of the global intruder detection devices market:
- Increasing threat of terrorism in aviation industry
- Increasing demand for banking and financial services
- Increasing adoption in smart homes
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Increasing threat of terrorism in aviation industry
The airport is one of the busiest places that is difficult for employees to monitor effectively. Security managers use different strategies and technologies to handle the crowd in airports. Intruder detector plays a major role in improving the security system in the aviation industry. It helps manage the crowd and prevent chaos in public places such as airports.
Jujhar Singh, a lead sensors research analyst at Technavio, says, “Intruder detection devices are used in the aviation industry to ensure that only authorized users enter restricted areas. Portable control systems are used to validate the staff in remote locations, where cabling infrastructure may not exist. If an unauthorized person enters a restricted area, the detection system automatically changes the individual's access level and increases security.”
Increasing demand for banking and financial services
Physical security has become necessary for banking and financial institutions to combat pilferage by theft-related activities. Intrusion and fire detection systems inspect all the inner and outer network activities and identify the pattern to indicate data breach attempts in the system. Fire detection system also combines the various devices which work seamlessly to counsel end-users from any threat of fire.
“Honeywell International's security solutions provide access control and intruder detection system to protect against theft and violence. The company delivers complete security solutions that include access control, video surveillance, intrusion alarm, and fire protection systems as well as intelligent video analytics,” adds Jujhar.
Increasing adoption in smart homes
The adoption in smart homes is increasing due to the focus on the security features such as digital security and secured homes. Due to advances in technology, applications of intruder detection devices are increasing in the commercial markets as well as in the residential applications such as Smart home, which use surveillance, automotive products, testing, gas and fire detection, and other commercial vision applications.
With the increase in the number of internet users over the years and rise in IoT and mobile devices to control the basic home functions, the intruder detectors are increasingly used to secure the smart homes. Intruder detection is also increasingly being used in the home automation for centralized control of securing doors and windows, HVAC, lighting, electrical appliances, and controlling various consumer electronic devices such as televisions, fans, air conditioners, DVD players, ovens, and others.
Top vendors:
- ASSA ABLOY
- Bosch Sicherheitssysteme
- Honeywell International
- Maximum Security
- Schneider Electric
- Siemens
- Tyco
- United Technologies
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