Global security equipment demand will rise 7.4 percent annually through 2014. China, India, Russia and Turkey will register double-digit annual growth, while North America posts gains well above the global average. Electronic security products will remain dominant and greatly outpace mechanical types.
This study analyzes the $70 billion world security equipment industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., access controls and CCTV surveillance, alarms, locks), market (commercial and industrial, government and institutional, residential), world region and for 28 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 39 industry participants, including United Technologies, Honeywell International and Tyco International.