Electronic Security Products Industry Report

Electronic Security Products

Freedonia Group, Date of Publication: Nov 3, 2015, 424 Pages
US$5,400.00
FR3321

Electronic Security Products Industry Report

This study analyzes the $11.6 billion US security product industry, with forecasts for 2019 and 2024 by product (e.g., alarms, access controls, video surveillance, contraband detection, electronic article surveillance) and market (e.g., government and institutional, consumer, trade and distribution, industrial, air transport, financial institutions, office and lodging establishments).

The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 42 industry players, including Tyco International, United Technologies, and Honeywell International.

US demand to grow 7% annually through 2019

Demand for electronic security products in the US is projected to rise 7.0 percent annually through 2019 to $16.2 billion. Strengthening new construction expenditures following the recession-impacted 2009-2014 period will drive gains, as electronic security products are often installed during initial construction. A heightened perceived risk of crime due to widespread media coverage of high profile crimes and tragedies will also support gains, even as the number of crimes has declined in recent years.

Technology gains to drive sales in all segments

Technological advances will promote sales gains in all segments, both by providing a boost to value demand via the incorporation of value-added features and by increasing market penetration. Rising interest in networked, IP connected systems that provide interoperability between various electronic security systems and building automation systems will continue to promote growth of higher value devices. For instance, there is an ongoing shift from legacy analog video surveillance systems to digital, IP capable ones. In addition to interoperability, digital video components benefit from the incorporation of video analytics software at the original equipment manufacturers’ level, as well as the ability to use mobile and other offsite monitoring and Cloud-based storage. As a result of this transition to IP systems, the video surveillance product segment is projected to experience the fastest gains through 2019. Concerns regarding the potential for criminals hacking into these interconnected electronic security devices will drive demand for higher value versions that incorporate cyber hardened capabilities such as encryption and authentication.

Interoperability as well as innovations in mobile monitoring will boost demand for alarms. The increasing array of plugand- play electronic security devices that are self-monitored will expand the potential market base of consumers willing to purchase supplemental security measures. These products are appealing to those who believe their risk of crime does not require more sophisticated.

monitored alarm systems that have high ongoing monitoring fees. Furthermore, these smart products are controlled and accessed via mobile devices, aiding security equipment sales as interest in smart home automation systems also rises. The alarm segment will further benefit from innovations in personal emergency response service (PERS) alarms, particularly for types that integrate mobile technology. Access control systems will see strong gains as smart card-based systems gain traction over less secure technologies such as proximity and magnetic stripe cards. Access control systems that integrate increasingly advanced layers of credentials, such as mobile phones and biometrics, will support further gains.

TABLE OF CONTENTS

Market Environment 2
General 4
Demographic & Social Environment5
Demographic Trends 6
Employment Outlook 10
Macroeconomic Environment 12
Building Construction Outlook 18
Residential Building Construction 20
Nonresidential Building Construction 22
Building Stock Trends 24
Residential Building Stock 25
Nonresidential Building Stock 28
Business Establishment Trends 29
Consumer Spending Outlook 32
Public Safety Environment 35
Crime 37
Violent Crimes 39
Property Crimes 41
Terrorism/Other Nonconventional Crimes 44
Terrorism45
Other Nonconventional Crimes 47
Fire48
Carbon Monoxide 52
Legal & Regulatory Environment 54

OVERVIEW
General 58
Electronics Products & Computer
Equipment Overview 59
Information Technology 63
Electronic Security Technologies 64
Sensors 66
Automatic Identification 68
Systems Integration 69
Environmental Control/Building Automation 70
Pricing Dynamics 71
World Electronic Security Markets 74
Foreign Trade 76

PRODUCTS
General 79
Alarms 83
Life Safety Alarms 86
Products 89
Local Alarms 89
Smoke & Fire 90
Carbon Monoxide 93
Central Station Alarms 97
Direct Connect Alarms 99
Suppliers 101
Intrusion Alarms 102
Products 104
Local Alarms 105
Central Station Alarms107
Direct Connect Alarms 109
Suppliers 110
PERS & Related Alarms 111
Access Controls 113
Card-Based Access Controls 118
Technologies 121
Suppliers 124
Biometric Access Controls 125
Technologies 128
Suppliers 130
Keypad/Combination Access Controls 130
Video Surveillance 132
Cameras 138
Monitors 142
Recording Equipment 143
Other Components 145
Suppliers 147
Contraband Detection Systems 148
Products 149
Bulk EDS 151
Metal Detectors, X-Ray Systems, & Advanced Imaging Systems 151
Trace Detectors 154
Suppliers 155
Electronic Article Surveillance Systems 155
Products 157
Suppliers 161
Other Electronic Security Products 161

MARKETS
General 165
Government & Institutional 168
Sector Outlook 169
Security Outlook 171
Government 173
Institutional 175
Consumer 180
Sector Outlook 181
Security Outlook 183
Trade & Distribution 186
Sector Outlook188
Security Outlook 191
Industrial194
Sector Outlook195
Security Outlook 200
Air Transport 203
Sector Outlook 204
Security Outlook 206
Financial Institutions209
Sector Outlook209
Security Outlook 211
Office & Lodging Establishments 213
Sector Outlook 214
Security Outlook 215
Services 217
Sector Outlook 219
Security Outlook 220

INDUSTRY STRUCTURE
General 223
Industry Composition 223
Market Share 227
Research & Product Development 230
Manufacturing 231
Marketing & Distribution 232
Mergers & Acquisitions234
Cooperative Agreements 238

Company Profiles
Acre LLC 247
Allegion plc 252
American Science and Engineering256
Analogic Corporation260
Arecont Vision 262
ASSA ABLOY 264
Avigilon Corporation 271
Bosch (Robert) GmbH 275
Brivo Systems 280
Canon Incorporated 281
Checkpoint Systems 286
Diebold Incorporated 290
G4S plc292
Hangzhou Hikvision Digital Technology 295
Hanwha Group298
Hitachi Limited301
Honeywell International 304
Ingersoll-Rand plc 316
Johnson Controls 317
JVC KENWOOD 320
Kaba Holding AG 323
L-3 Communications326
Leidos Holdings 330
Mircom Group 334
Motorola Solutions 338
NAPCO Security Technologies 340
Nortek Incorporated 344
OSI Systems 349
Panasonic Corporation 354
SAFRAN SA 358
Schneider Electric 365
Siemens AG 370
Smiths Group 373
Sony Corporation 379
Stanley Black & Decker 382
S2 Security Corporation 386
Thermo Fisher Scientific 387
3M Company 390
Tyco International 394
United Technologies 404
Vicon Industries 413
Zheijiang Dahua Technology 416
Other Security Products Manufacturers 419-424


List of Tables

Executive Summary
1 Summary Table 3
Market Environment
1 Population & Households 9
2 Employment Outlook12
3 Macroeconomic Indicators 17
4 Building Construction Expenditures20
5 Residential Building Construction
Expenditures 22
6 Nonresidential Building Construction
Expenditures 24
7 Housing Stock by Type 27
8 Nonresidential Building Stock 29
9 Business Establishments 32
10 Personal Consumption Expenditures35
11 Violent Crime Levels, 2004-2013 41
12 Property Crime Levels, 2004-2013 44
13 Incidences of Terrorism
in the US, 2004-2013 47
14 Selected Other Crimes, 2004-2013 48
15 Fire Levels & Losses, 2004-2013 52
16 Carbon Monoxide Incidents, 2004-2013 54

OVERVIEW
1 Electronic & Computer Product Shipments 62
2 Information Processing Fixed Investment 64
3 US Foreign Trade in Electronic Security Products 78

PRODUCTS
1 Electronic Security Product Supply & Demand82
2 Alarm System Supply & Demand 85
3 Life Safety Alarm Demand by Application & Product 88
4 Local Life Safety Alarm Demand by Product 90
5 Local Smoke & Fire Detector Demand by Product 93
6 Local Carbon Monoxide Detector Demand 97
7 Central Station Life Safety Alarm Demand 99
8 Direct Connect Life Safety Alarm Demand 101
9 Intrusion Alarm Demand by Application 103
10 Local Intrusion Alarm Demand107
11 Central Station Intrusion Alarm Demand 109
12 Direct Connect Intrusion Alarm Demand 110
13 Personal Emergency Response Service & Related Alarm Demand 113
14 Electronic Access Control Supply & Demand 117
15 Card-Based Access Control Demand by Type 121
16 Biometric Access Control Demand by Type 128
17 Keypad/Combination Access Control Demand 132
18 Video Surveillance Equipment Supply & Demand 137
19 Video Surveillance Camera Demand 141
20 Video Surveillance Monitor Demand 143
21 Video Surveillance Recording Equipment Demand145
22 Other Video Surveillance Component Demand 147
23 Contraband Detection System Supply & Demand 149
24 Contraband Detection System Demand by Type 150
25 Electronic Article Surveillance System Supply & Demand157
26 Electronic Article Surveillance System Demand by Type160
27 Other Electronic Security Product Supply & Demand 164

MARKETS
1 Electronic Security Product Demand by Market167
2 Government & Institutional Sector Indicators171
3 Government & Institutional Sector Security Product Market 173
4 Consumer Sector Indicators 183
5 Consumer Security Product Market186
6 Retail Sales191
7 Trade & Distribution Security Product Market194
8 Industrial Sector Indicators 200
9 Industrial Security Product Market203
10 Air Carrier Outlook 206
11 Air Transport Security Product Market 208
12 Financial Service Indicators 211
13 Financial Institutions Security Product Market 213
14 Office & Lodging Building Space & Construction Expenditures 215
15 Office & Lodging Security Product Market 217
16 Service Sector Indicators 220
17 Service Sector Security Product Market 222

INDUSTRY STRUCTURE
1 Electronic Security Product Sales by Company, 2014 225
2 Selected Acquisitions & Divestitures 236
3 Selected Cooperative Agreements 241

LIST OF CHARTS

MARKET ENVIRONMENT
1 Year of Construction of Housing Stock, 2014 27
2 US Crime Rates, 2004-2013 39

OVERVIEW
1 World Electronic Security Product Market by Region, 2014 75

PRODUCTS
1 Electronic Security Product Demand by Type, 2014 83
2 Alarm System Demand by Type, 2014 86
3 Life Safety Alarm System Demand by Application, 2014 89
4 Intrusion Alarm System Demand by Application, 2014 104
5 Electronic Access Control Demand by Type, 2014 118
6 Video Surveillance Equipment Demand by Product, 2014 138
7 Contraband Detection System Demand by Type, 2014 150
8 Electronic Article Surveillance System Demand by Type, 2014 161

MARKETS
1 Electronic Security Product Demand by Market, 2014 168

INDUSTRY STRUCTURE
1 Electronic Security Product Market Share, 2014 227
 
 

 

Date of Publication:
Nov 3, 2015
File Format:
PDF via E-mail
Number of Pages:
424 Pages
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