Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.26 Billion | USD 44.08 Billion | 14.28% | 2023 |
According to the report published by Zion Market Research, the global Perimeter Intrusion Detection Systems Market size was valued at USD 13.26 Billion in 2023 and is predicted to reach USD 44.08 Billion by the end of 2032. The market is expected to grow with a CAGR of 14.28% during the forecast period. The report analyzes the global Perimeter Intrusion Detection Systems Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Perimeter Intrusion Detection Systems industry.
Perimeter intrusion detection systems are built by using sensors and various other instruments that provide protection to the consumers by helping them to identify the intrusions in their perimeter/property in time for action and assessment. Different types of sensors that are used in these systems are infrared sensors, radar sensors, microwave sensors, and fiber-optic sensors. They are deployed in fences, open area, and underground.
The perimeter intrusion detection systems market is globally segmented into the sensor, service, deployment type, and industrial vertical.
On the basis of the sensor, the global market is segregated into microwave sensors, fiber-optic sensors, infrared sensors, radar sensors, and others.
Based on the service, the market is categorized into managed services, risk assessment & analysis, system integration & consulting, and maintenance & support.
Depending on the deployment mode, the market is divided into fence mounted, open area, and buried.
On the basis of industrial vertical, the market is fragmented into military & defense, transportation, correctional facilities, critical infrastructure, government, industrial, and commercial.
In the past few years, there has been an increase in the terrorist attacks and infiltration activities. In order to retain the security of the common people and of important data, the governments across the world are investing huge amounts in the security systems, thus, triggering the global perimeter intrusion detection systems market. Furthermore, the implementation of strict government regulations on the perimeter security is favorably working towards the growth of the market. These systems enable the reduction in the cost of the manpower, which helps the global market in gaining incredible momentum. Conversely, the existing perimeter intrusion detection systems have the high rate of false alarms which hampers the growth of the global market. The issues that are related to the integration of present systems with the new advanced technologies are keeping the market unstable.
Report Attributes | Report Details |
---|---|
Report Name | Perimeter Intrusion Detection Systems Market |
Market Size in 2023 | USD 13.26 Billion |
Market Forecast in 2032 | USD 44.08 Billion |
Growth Rate | CAGR of 14.28% |
Number of Pages | 202 |
Key Companies Covered | Tyco International Plc., Axis Communications AB, Senstar Corporation, Anixter International Inc., Honeywell International Inc., Schneider Electric, FLIR Systems Inc., Advanced Perimeter Systems Limited, and Southwest Microwave |
Segments Covered | By sensor, By service, By deployment type, By industrial vertical and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Region-wise, the perimeter intrusion detection systems market is diversified into Asia Pacific, North America, Europe, and Rest of the World. North America will dominate the market and hence it will be a prominent destination for market players. The growth of the market in the region can be attributed to the vital need for security against the terrorist activities and the huge budget that is allocated by the governments for the defense sector. The advancements that are made in the technologies and the high focus on the innovation of the products propel the growth of the market in the region. Latin America expects to emerge as an attractive market for global players.
Some of the key market players that are involved in the perimeter intrusion detection systems market include :
The Global Perimeter Intrusion Detection Systems Market is segmented as follows:
By sensor
By service
By deployment type
By industrial vertical
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed