{"id":10241,"date":"2016-08-17T08:11:27","date_gmt":"2016-08-17T08:11:27","guid":{"rendered":"https:\/\/ewnews.co.uk\/?p=10241"},"modified":"2016-08-17T08:11:27","modified_gmt":"2016-08-17T08:11:27","slug":"global-overview-analysis-of-fire-and-security-market-shows-robust-growth","status":"publish","type":"post","link":"https:\/\/ewnews.co.uk\/index.php\/global-overview-analysis-of-fire-and-security-market-shows-robust-growth\/","title":{"rendered":"Global overview analysis of fire and security market shows robust growth"},"content":{"rendered":"

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The recently published BSRIA market intelligence study on the Global Overview Analysis of Fire and Security (GOA F&S) shows that the global Fire Detection and Electronic Security Systems market continues to grow robustly \u2013 for fire at almost five per cent per annum and for security \u2013 it is forecast to grow between two and a half and three per cent per annum. Both of these are for the UK. Demand in the fire market continues to favour the sale of multi-sensor detectors in the pursuit of reducing false alarms.<\/p>\n

Terrorism has become a stronger driver of the security systems market and led to wider acceptance of surveillance, however CCTV cameras have experienced major price erosion. The intruder alarm market too focuses on reducing false alarms. Integration is up: combining access control with HVAC. Lighting solutions and smart phones are starting to appear as a human-centric security solution. Cloud-based, security-as-a-service offerings are also developing.<\/p>\n

Jeremy\u00a0Towler, Senior Manager \u2013 Energy and Smart Technologies, BSRIA Worldwide Market Intelligence, said: \u201cThe aims of this report were to acquire an overview of the essential metrics and characteristics of the market by size, segmentation, trends, drivers, forecasts, distribution channels. Worth some US$ 97 billion, this lucrative market will continue to attract new entrants, with innovative technologies and novel business models that can disrupt traditional business.\u201d<\/p>\n

This study forms part of BSRIA\u2019s regular multi-client report programme. The Global Overview Analysis studies<\/strong> represent a value-for-money overview of the essential metrics and characteristics of the market. These reports show the latest developments and trends in the market for building Fire Detection and Electronic Security Systems products, value added services and service and maintenance.<\/p>\n

They provide the market size in 2015, two years\u2019 history and forecasts until 2020 for total product, value add, installed systems, service and maintenance and total business for 10\u00a0separate countries.<\/p>\n

This report provides insights into:
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