US electronic security system demand will rise 7.8 percent annually through 2012, driven in part by a high perceived crime risk despite falling crime rates. Access controls will see the fastest gains based on innovations that make them more accurate and easier to use. The more mature alarm and CCTV segments will rebound along with new housing construction. This study analyzes the $10.7 billion US electronic security system industry. It presents historical demand data for the years 1997, 2002 and 2007 with forecasts for 2012 and 2017 by product (e.g., access controls, alarms, closed-circuit television, contraband detection, electronic article surveillance, automotive); and market (e.g., government and institutional, trade and distribution, industrial, air transport, financial institutions). The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 major players, including General Electric, Tyco International, Honeywell International, United Technologies, Schneider Electric, L-3 Communications, Siemens, Diebold, and Stanley Works.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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