Zion Market Research, the market research group announced the analysis report titled "Perimeter Intrusion Detection Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Sarasota, FL -- (SBWIRE) -- 09/04/2017 -- Perimeter intrusion detection systems are built by using sensors and various other instruments that provide protection to the consumers by helping them to identify the intrusions in their perimeter/property in time for action and assessment. Different types of sensors that are used in these systems are infrared sensors, radar sensors, microwave sensors, and fiber-optic sensors. They are deployed in fences, open area, and underground.
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The perimeter intrusion detection systems market is globally segmented into the sensor, service, deployment type, and industrial vertical. On the basis of the sensor, the global market is segregated into microwave sensors, fiber-optic sensors, infrared sensors, radar sensors, and others. Based on the service, the market is categorized into managed services, risk assessment & analysis, system integration & consulting, and maintenance & support. Depending on the deployment mode, the market is divided into fence mounted, open area, and buried. On the basis of industrial vertical, the market is fragmented into military & defense, transportation, correctional facilities, critical infrastructure, government, industrial, and commercial.
In the past few years, there has been an increase in the terrorist attacks and infiltration activities. In order to retain the security of the common people and of important data, the governments across the world are investing huge amounts in the security systems, thus, triggering the global perimeter intrusion detection systems market. Furthermore, the implementation of strict government regulations on the perimeter security is favorably working towards the growth of the market. These systems enable the reduction in the cost of the manpower, which helps the global market in gaining incredible momentum. Conversely, the existing perimeter intrusion detection systems have the high rate of false alarms which hampers the growth of the global market. The issues that are related to the integration of present systems with the new advanced technologies are keeping the market unstable.
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Region-wise, the perimeter intrusion detection systems market is diversified into Asia Pacific, North America, Europe, and Rest of the World. North America will dominate the market and hence it will be a prominent destination for market players. The growth of the market in the region can be attributed to the vital need for security against the terrorist activities and the huge budget that is allocated by the governments for the defense sector. The advancements that are made in the technologies and the high focus on the innovation of the products propel the growth of the market in the region. Latin America expects to emerge as an attractive market for global players.
Some of the key market players that are involved in the perimeter intrusion detection systems market include Tyco International Plc., Axis Communications AB, Senstar Corporation, Anixter International Inc., Honeywell International Inc., Schneider Electric, FLIR Systems Inc., Advanced Perimeter Systems Limited, and Southwest Microwave.
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