Global Perimeter Protection Market (SARS-CoV-2, Covid-19 Analysis) Upcoming Trends, Growth Drivers and Challenges – Forecast to 2025


Posted September 3, 2020 by Gauri04

The employment of perimeter protection for residential buildings and houses also has a marked deterrent effect.

 
A new market study, ”Global Perimeter Protection Market” has been featured on Market Research Future.

Given the debilitating impact of COVID-19 (Coronavirus) on the Global Perimeter Protection Market, companies are vying opportunities to stay afloat in the market landscape. Gain access to our latest research analysis on COVID-19 associated with the Global Perimeter Protection Market and understand how market players are adopting new strategies to mitigate the impact of the pandemic.

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Market Synopsis

Perimeter protection is becoming essential throughout the globe due to an increase in digitalization, increased sophistication in cross-border infiltration, and volatile geopolitics. Furthermore, perimeter protection has a marked deterrent effect against urban crime and against the pilfering of commodities from industries and warehouses. Digitalization has also added innovation in the perimeter protection market, making perimeter protection extremely efficient.

Terrorism related concerns are also a huge driver for this market in the residential, government, and military sectors. Perimeter protection also reduces the reliance on manned protection and limits the manpower required to oversee the protection of vast areas.

The advancements in perimeter protection are ensuring the increase in its applicability along with the ability to provide a unique solution to match specific perimeter protection needs. The integration of perimeter protection with traditional protection infrastructure presents complexities.

Segmentation

By Component : The largest market within the component segment is the perimeter protection systems market. A vast category, perimeter protection encapsulates perimeter intrusion detection systems, video surveillance systems, access control systems, alarm & notification systems, and others. Perimeter intrusion detection systems excel in detecting a breach in the perimeter and their quick response time allows for effective countermeasures to be deployed. Video surveillance systems are affordable and can easily plug the gaps within a security perimeter. They can be monitored remotely, can store image and video data for long periods, and can be deployed in all manners of environment. Access control systems are reliable, relatively cheap, and offer significant deterrence to intruders.

They can be remotely operated, passcode operated, passkey operated, or operated using retinal scans as well as thumbprints. Alarms and notifications play a huge role in perimeter protection. Effective alarms ensure security personnel can be alerted to a perimeter breach or that the intruders themselves can be made aware that their activities have been noticed. The perimeter services segment is further subdivided into two categories, professional services and managed services. Professional perimeter protection services provide perimeter protection solutions as well as training for their clientele with limited interaction thereafter save for maintenance and upgradation. Managed perimeter protection services provide the actual perimeter protection service for their clients.

By End User : By end user, the largest market is the commercial perimeter protection services market. Commercial enterprises need to safeguard sensitive information and prevent corporate espionage. Commercial enterprises also deter theft with the implementation of perimeter protection. The government and military market for perimeter protection is growing due to an increase in global terrorism, cross-border infiltration, and illegal immigration. The US-Mexico border is an example of how perimeter protection is being used to safeguard more than 3000 km.

The defense of government and military installations is also a critical aspect of this market segment. Industrial plants and warehouses are usually situated in remote locations and cover vast areas, making manned protection difficult, costly, and time-consuming. The use of perimeter protection in these areas significantly reduces infiltration and lessens the manpower burden to oversee security for such large areas. Residential perimeter protection is a growing market largely due to an increase in urbanization and a subsequent increase in urban crimes. The employment of perimeter protection for residential buildings and houses also has a marked deterrent effect.

Key Players

Honeywell International Inc.
Schneider Electric
Hikvision Digital Technology Co., Ltd.
FLIR Systems
Axis Communications AB
Dahua Technology Co., Ltd.
Tyco International PLC
Bosch Security Systems
United Technologies Corporation
Southwest Microwave, Inc.
Johnson Controls International PLC
Rbtec Perimeter Security Systems
Fiber Sensys, Inc.
Cias Elettronica
Senstar Corporation
Puretech Systems, Inc.
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Categories Marketing
Tags challenges , covid19 , forecast , global perimeter protection market , global perimeter protection market report , global perimeter protection market research , growth drivers , upcoming trends
Last Updated September 3, 2020