Physical security equipment are used for protection of sensitive sites and buildings against any damage or physical attack. Physical security equipment help in several aspects of building protection such as network infrastructure, entrance control, intruder detection, access control, and video surveillance of a site.
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Physical security equipment have become imperative for various institutions across the globe owing to the surge in threats associated with physical attacks and damage. Different organizations from various end-use sectors such as BFSI, healthcare, education, manufacturing, government, residential, retail, utilities & energy, commercial and transportation seek adoption of physical security equipment for ensuring safety of their personnel and property.
There has been a rise in threats related to terrorism around the world, which in turn has led several governments and organizations to invest in advanced and latest security solutions to ensure safety of their physical sites and the people who work there. In addition, the rise in espionage and thefts, especially in commercial buildings and banking sector, have further fuelled the demand for physical security equipment.
The global physical security equipment market is fragmented in nature, with several small- and large-scale vendors competing to gain larger share of the market. The physical security equipment providers are focusing on offering highly-efficient and innovative security solutions, along with customized security services to sustain their market presence.
They are also offering integrated security systems for ensuring optimum security solutions. Moreover, major players in the market have started adopting strategies such as M&A, acquiring niche companies for increasing their product portfolio.
The global market for physical security equipment has been projected to register at a double-digit CAGR over the forecast period (2017-2022), by a latest study of Future Market Insights (FMI). FMI’s report estimates the global physical security equipment market to account for over US$ 60,000 Mn revenues by 2022-end.
Emergence of thermal cameras is a major trend being observed in the market. As thermal cameras utilise infrared radiation for capturing images, and are heat & water resistant, they are ideal for monitoring large-scale/unique outdoor environments.
Governments across the globe are providing funds to various institutions and critical infrastructures for buying efficient surveillance equipment. In addition, organisations that need sophisticated security systems for ensuring safety of their data, are adopting data analytics and cloud-based data storages.
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On the basis of vertical, government segment is expected to dominate the global physical security equipment market, with revenues estimated to account for nearly US$ 10,000 Mn revenues by 2022-end. Increasing requirement for protection from system hackers have led the governments to increase spending on securing their critical information assets. Between BFSI and Retail segments, the former is projected to exhibit a higher CAGR, whereas the latter will bring in comparatively larger revenues by 2022-end.
Based on security equipment, consumer video surveillance is expected to be the fastest-growing segment, and will account for a relatively larger revenue share of the market by 2022-end. Following consumer video surveillance, thermal cameras are anticipated to become the second-most lucrative physical security equipment over the forecast period.
In terms of revenues, the global market for physical security equipment will be dominated by North America. The market growth in this region will be mainly driven by adoption of surveillance systems in industrial, government, and banking sectors. Maintenance and support activities related to existing security systems will further augment growth of the market in North America.
Key players profiled by FMI’s report include Johnson Controls International Plc, Hanwha Techwin Co., Ltd., Axis AB, Hangzhou Hikvision Digital Technology Co., Ltd., Zhejiang Dahua Technology Co., Ltd., Schneider Electric SE, United Technologies Corporation, Bosch Security Systems, Inc., Siemens AG, The Chamberlain Group, Inc., Valeo SA, and Montaplast GmbH.
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The physical security equipment market is expected to grow at a 12.1% CAGR from 2022 to 2032
By 2022-end, the physical security equipment market sales are likely to reach US$ 60,000 Million
By 2032-end, physical security equipment market sales are likely to reach US$ 18,801 Million
Johnson Controls International Plc, Hanwha Techwin Co., Ltd., and Axis AB are some leading physical security equipment market manufacturers.
1. Global Market - Executive Summary
2. Global Market Overview
2.1. Introduction
2.1.1. Global Market Taxonomy
2.1.2. Global Market Definition
2.2. Global Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Market Y-o-Y Growth
2.3. Global Market Dynamics
2.4. Cost Structure Analysis
2.5. Pricing Analysis
2.6. Trade Outlook and Flow
2.7. Value Chain Assessment and Profitability Margins
2.8. Raw Material Sourcing Strategy and Analysis
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Market Analysis and Forecast By Securty Equipment
3.1. Global Market Size and Forecast By Securty Equipment, 2012-2022
3.1.1. Video Surveillance Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Access Control Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Intruder Alarms Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Entrance Control Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Consumer Video Surveillance Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
3.1.6. thermal Cameras Market Size and Forecast, 2012-2022
3.1.6.1. Revenue (US$ Mn) Comparison, By Region
3.1.6.2. Market Share Comparison, By Region
3.1.6.3. Y-o-Y growth Comparison, By Region
3.1.7. Wireless Infrastructure Market Size and Forecast, 2012-2022
3.1.7.1. Revenue (US$ Mn) Comparison, By Region
3.1.7.2. Market Share Comparison, By Region
3.1.7.3. Y-o-Y growth Comparison, By Region
4. Global Market Analysis and Forecast By Vertical
4.1. Global Market Size and Forecast By Vertical, 2012-2022
4.1.1. BFSI Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Education Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Healthcare Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Government Market Size and Forecast, 2012-2022
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. End User5 Market Size and Forecast, 2012-2022
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.1.6. Manufacturing Market Size and Forecast, 2012-2022
4.1.6.1. Revenue (US$ Mn) Comparison, By Region
4.1.6.2. Market Share Comparison, By Region
4.1.6.3. Y-o-Y growth Comparison, By Region
4.1.7. Residential Market Size and Forecast, 2012-2022
4.1.7.1. Revenue (US$ Mn) Comparison, By Region
4.1.7.2. Market Share Comparison, By Region
4.1.7.3. Y-o-Y growth Comparison, By Region
4.1.8. Transportation Market Size and Forecast, 2012-2022
4.1.8.1. Revenue (US$ Mn) Comparison, By Region
4.1.8.2. Market Share Comparison, By Region
4.1.8.3. Y-o-Y growth Comparison, By Region
4.1.9. Utilities & Energy Market Size and Forecast, 2012-2022
4.1.9.1. Revenue (US$ Mn) Comparison, By Region
4.1.9.2. Market Share Comparison, By Region
4.1.9.3. Y-o-Y growth Comparison, By Region
4.1.10. Commercial Market Size and Forecast, 2012-2022
4.1.10.1. Revenue (US$ Mn) Comparison, By Region
4.1.10.2. Market Share Comparison, By Region
4.1.10.3. Y-o-Y growth Comparison, By Region
5. Global Market Analysis and Forecast By Region
5.1. Global Market Size and Forecast, 2012-2022
5.1.1. North America Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
5.1.1.2. Revenue (US$ Mn) Comparison, By Vertical
5.1.2. Latin America Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Securty Equipment
5.1.2.2. Revenue (US$ Mn) Comparison, By Vertical
5.1.3. Europe Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By Securty Equipment
5.1.3.2. Revenue (US$ Mn) Comparison, By Vertical
5.1.4. Japan Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By Securty Equipment
5.1.4.2. Revenue (US$ Mn) Comparison, By Vertical
5.1.5. APEJ Market Size and Forecast, 2012-2022
5.1.5.1. Revenue (US$ Mn) Comparison, By Securty Equipment
5.1.5.2. Revenue (US$ Mn) Comparison, By Vertical
5.1.6. MEA Market Size and Forecast, 2012-2022
5.1.6.1. Revenue (US$ Mn) Comparison, By Securty Equipment
5.1.6.2. Revenue (US$ Mn) Comparison, By Vertical
6. North America Market Analysis and Forecast, By Country, 2012-2022
6.1. US Market Size and Forecast, 2012-2022
6.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
6.1.2. Revenue (US$ Mn) Comparison, By Vertical
6.2. Canada Market Size and Forecast, 2012-2022
6.2.1. Revenue (US$ Mn) Comparison, By Securty Equipment
6.2.2. Revenue (US$ Mn) Comparison, By Vertical
7. Latin America Market Analysis and Forecast, By Country, 2012-2022
7.1. Brazil Market Size and Forecast, 2012-2022
7.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
7.1.2. Revenue (US$ Mn) Comparison, By Vertical
7.2. Mexico Market Size and Forecast, 2012-2022
7.2.1. Revenue (US$ Mn) Comparison, By Securty Equipment
7.2.2. Revenue (US$ Mn) Comparison, By Vertical
7.3. Argentina Market Size and Forecast, 2012-2022
7.3.1. Revenue (US$ Mn) Comparison, By Securty Equipment
7.3.2. Revenue (US$ Mn) Comparison, By Vertical
8. Europe Market Analysis and Forecast, By Country, 2012-2022
8.1. Germany Market Size and Forecast, 2012-2022
8.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
8.1.2. Revenue (US$ Mn) Comparison, By Vertical
8.2. UK Market Size and Forecast, 2012-2022
8.2.1. Revenue (US$ Mn) Comparison, By Securty Equipment
8.2.2. Revenue (US$ Mn) Comparison, By Vertical
8.3. France Market Size and Forecast, 2012-2022
8.3.1. Revenue (US$ Mn) Comparison, By Securty Equipment
8.3.2. Revenue (US$ Mn) Comparison, By Vertical
8.4. Spain Market Size and Forecast, 2012-2022
8.4.1. Revenue (US$ Mn) Comparison, By Securty Equipment
8.4.2. Revenue (US$ Mn) Comparison, By Vertical
8.5. Italy Market Size and Forecast, 2012-2022
8.5.1. Revenue (US$ Mn) Comparison, By Securty Equipment
8.5.2. Revenue (US$ Mn) Comparison, By Vertical
8.6. Nordic Market Size and Forecast, 2012-2022
8.6.1. Revenue (US$ Mn) Comparison, By Securty Equipment
8.6.2. Revenue (US$ Mn) Comparison, By Vertical
9. Japan Market Analysis and Forecast, By Country, 2012-2022
9.1. Japan Market Size and Forecast, 2012-2022
9.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
9.1.2. Revenue (US$ Mn) Comparison, By Vertical
10. APEJ Market Analysis and Forecast, By Country, 2012-2022
10.1. China Market Size and Forecast, 2012-2022
10.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
10.1.2. Revenue (US$ Mn) Comparison, By Vertical
10.2. India Market Size and Forecast, 2012-2022
10.2.1. Revenue (US$ Mn) Comparison, By Securty Equipment
10.2.2. Revenue (US$ Mn) Comparison, By Vertical
10.3. Malaysia Market Size and Forecast, 2012-2022
10.3.1. Revenue (US$ Mn) Comparison, By Securty Equipment
10.3.2. Revenue (US$ Mn) Comparison, By Vertical
10.4. Thailand Market Size and Forecast, 2012-2022
10.4.1. Revenue (US$ Mn) Comparison, By Securty Equipment
10.4.2. Revenue (US$ Mn) Comparison, By Vertical
10.5. Singapore Market Size and Forecast, 2012-2022
10.5.1. Revenue (US$ Mn) Comparison, By Securty Equipment
10.5.2. Revenue (US$ Mn) Comparison, By Vertical
10.6. Australia Market Size and Forecast, 2012-2022
10.6.1. Revenue (US$ Mn) Comparison, By Securty Equipment
10.6.2. Revenue (US$ Mn) Comparison, By Vertical
11. MEA Market Analysis and Forecast, By Country, 2012-2022
11.1. GCC Countries Market Size and Forecast, 2012-2022
11.1.1. Revenue (US$ Mn) Comparison, By Securty Equipment
11.1.2. Revenue (US$ Mn) Comparison, By Vertical
11.2. South Africa Market Size and Forecast, 2012-2022
11.2.1. Revenue (US$ Mn) Comparison, By Securty Equipment
11.2.2. Revenue (US$ Mn) Comparison, By Vertical
11.3. Nigeria Market Size and Forecast, 2012-2022
11.3.1. Revenue (US$ Mn) Comparison, By Securty Equipment
11.3.2. Revenue (US$ Mn) Comparison, By Vertical
11.4. Israel Market Size and Forecast, 2012-2022
11.4.1. Revenue (US$ Mn) Comparison, By Securty Equipment
11.4.2. Revenue (US$ Mn) Comparison, By Vertical
12. Global Market Company Share, Competition Landscape and Company Profiles
12.1. Company Share Analysis
12.2. Competition Landscape
12.3. Company Profiles
12.3.1. Johnson Controls International Plc
12.3.2. Hanwha Techwin Co., Ltd.
12.3.3. Axis AB
12.3.4. Hangzhou Hikvision Digital Technology Co., Ltd.
12.3.5. Zhejiang Dahua Technology Co., Ltd.
12.3.6. Schneider Electric SE
12.3.7. United Technologies Corporation
12.3.8. Bosch Security Systems, Inc.
12.3.9. Siemens AG
12.3.10. The Chamberlain Group, Inc.
12.3.11. Valeo SA
12.3.12. Montaplast GmbH
13. Research Methodology
14. Secondary and Primary Sources
15. Assumptions and Acronyms
16. Disclaimer
Technology
May 2022
REP-GB-14733
342 pages
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Physical Security Equipment Market
