Perimeter intrusion detection systems market size was US$ 16.40 Bn in 2021 and is expected to reach US$ 50.88 Bn by 2029, at a CAGR of 15.2% during forecast period.

Perimeter intrusion detection systems market Overview: 

A perimeter intrusion detection system (PIDS) is a sensing device which is designed to detect the presence of an intruder attempting to break or breach the physical perimeter of a secured area, property, or buildings. The system is usually installed in an outdoor environment at the boundary limits or around sensitive and high-risk areas. The sensors sense, deter, and interrupt intruders.

The Perimeter intrusion detection systems market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The scope of the research includes a full examination of the Perimeter intrusion detection systems market , as well as the reasons for variations in the industry's growth between regions.

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Market Scope:

Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.

Segmentation: 

By component, solution segment dominated the market in 2021 and is expected to maintain its dominance at CAGR of xx% during forecast period. It is further segmented into sensors and video surveillance system. Growing market for sensors like microwave sensors, infrared sensors, fibre-optic sensors, radar sensors and others to detect the break-through and climb-over activity along the perimeter fence or wall is driving the growth of market. Additionally, growing adoption of video surveillance system with the hardware like cameras, monitor and servers and software like video analytics and video management software are further propelling the growth of PIDS market.

 

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Key Players:

Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data.

The biggest players in the Perimeter intrusion detection systems market are as follows:

• Honeywell
• FLIR Systems
• Johnson Controls
• Anixter
• Axis Communications
• Schneider Electric
• Senstar Corporation
• RBtec Perimeter Security Systems
• Southwest Microwave
• Advanced Perimeter Systems
• Fiber SenSys
• CIAS Elettronica
• UTC Climate, Controls & Security
• Future Fibre Technologies
• SORHEA
• DeTekion Security Systems
• Jacksons Fencing
• Harper Chalice Group
• Tyco International PLC
• United Technologies
• Pure Tech Systems Inc.
• Harper Chalice

 

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Perimeter intrusion detection systems market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Perimeter intrusion detection systems market :

Due to a break in operations, end-user sectors where Perimeter intrusion detection systems market are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Perimeter intrusion detection systems market manufacturers, impacting the growth of the Perimeter intrusion detection systems market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Perimeter intrusion detection systems market .

Key Questions Answered in the Perimeter intrusion detection systems market Report are: 

  • In 2021, which segment owned the greatest share of the Perimeter intrusion detection systems market ?
  • What is the competitive landscape of the Perimeter intrusion detection systems market ?
  • What are the key factors influencing Perimeter intrusion detection systems market growth?
  • In the Perimeter intrusion detection systems market , which region has the most market share?
  • What will be the CAGR of the Perimeter intrusion detection systems market over the forecast period (2022-2027)?

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