Security Equipment Industry Analysis and Forecasts to 2016 in New Research Report at

Share Article adds latest market research report on “World Security Equipment to 2016” to its store.

This study analyzes the world security equipment industry. It presents historical demand data (2001, 2006, 2011) and forecasts for 2016 and 2021 by product (e.g., access controls and video surveillance, alarms, locks), market (commercial and industrial, government and institutional, residential), world region and major country. The study also considers market environment factors, details industry structure, evaluates company market share and profiles industry participants.

World demand to rise 7.0% annually through 2016
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 underdeveloped. Gains will be fueled by economic growth, business formation, foreign investment activity, urbanization, and growing middle and upper class populations. Thus, these developing regions will increasingly have both the need for and means to invest in security products.

Get a copy of this report @

China, India among fastest growing national markets
Among individual countries, the fastest increases in security equipment demand will be in China, India, South Africa and Turkey, which will each see growth in excess of nine percent annually through 2016. These markets will benefit from fast growth in GDP, urban population and building construction activity. In addition, despite rapid growth over much of the past decade, the use of many types of security equipment in these countries remains low compared to mature markets.

Security equipment demand in North America is expected to rise 6.5 percent annually through 2016, trailing the global average, but a significant improvement over the 2006-2011 pace. The market will be supported by a rebound in economic conditions in the region as well as by continued growth in penetration for security equipment in Mexico, and to a lesser degree in the US and Canada. Gains in Western Europe and Japan will be more modest. While these markets will also experience growth resulting from improving economic conditions and concerns about crime, the relative maturity of most security equipment markets in developed areas will constrain future increases.

Electronic security products to remain fastest growing
Electronic security products accounted for nearly 65 percent of total security equipment demand in 2011. These products are also expected to post much stronger sales advances than mechanical security equipment through 2016. Demand will be driven by the ongoing improvements in design that give electronic systems greater functionality, while also making them increasingly user-friendly and cost-effective. Not only will these improvements help boost market penetration, they will also spur a strong replacement and upgrade market.

Demand for locks and other mechanical security products will post solid gains of more than six percent annually through 2016, bolstered by improving economic climates in developing parts of the world where markets are not yet mature.

Commercial & industrial market to remain dominant
The commercial and industrial security equipment market accounted for nearly 65 percent of sales in 2011. The dominance of this market reflects the large number of facilities, potential for loss, and availability of resources for protective purposes. Market gains will be fueled by rising business and nonresidential construction activity. In addition, the moderating costs of many advanced electronic security products will enable more businesses to afford these devices. However, the strongest growth will be recorded in the residential market, stimulated by a high perceived risk of crime among residents in many areas and by the increasingly affordable nature of security equipment.

Additional Information
This study analyzes the world market for security equipment. Products covered include non-automotive and non-furniture locks and keys, other mechanical security devices (fire extinguishers, safes, vaults, safety deposit boxes, and other fixed bank security equipment), access controls and video surveillance systems, alarms (burglar, fire, panic/medical emergency, smoke, etc.), and other electronic security products (bomb and metal detectors, electronic article surveillance and anti-shoplifting systems, and other miscellaneous devices).

Purchase a copy of this report @

Excluded are security services (including equipment installation and repair), structural security products (such as bars, doors, fences, gates, grilles, lighting, and sprinkler systems), automotive security products, furniture and motor vehicle locks, information security hardware and software, and firearms and other weapons. Also excluded are security-type products utilized in non security applications (biometric identification systems for public benefits video surveillance systems used for traffic control, medical monitoring, or the recording of prisoner interrogations; food processing plant metal detectors, etc.).

Browse more reports on Electronics Market @

About Us: ( is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Priyank Tiwari
Follow us on
Visit website