World demand for security equipment will advance 7.0 percent annually to $117 billion in 2016. The fastest gains will be in parts of Asia, Eastern Europe, Africa, and the Middle East where security markets are relatively underdeveloped. The dominant electronic security products segment will outpace mechanical security equipment.This study analyzes the $83.1 billion world security equipment industry. It presents historical demand data for the years 2001, 2006 and 2011, with forecasts for 2016 and 2021 by product (e.g., access control and video surveillance, alarms, locks), market (commercial and industrial, government and institutional, residential), world region and for 18 major countries.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 40 industry participants such as United Technologies, Tyco International, and ASSA ABLOY.
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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