LONDON, June 30 /PRNewswire/ -- Throughout the world, the awareness of the reliability and affordability of perimeter protection systems has been fuelled by growing risks facing the critical infrastructure sector and rising costs associated with manned guarding services. This awareness has successfully paved the way to the adoption of Perimeter Intrusion Detection Systems (PIDS).
New analysis from Frost & Sullivan (http://www.autoid.frost.com), Opportunities in the World Perimeter Intrusion Detection Systems Market, finds that the market earned revenues of $230.4 million in 2009, and estimates this to reach $338.4 million by 2016. Growing demand within developing countries to secure critical infrastructures is expected to lead to the increased adoption worldwide of PIDS via medium- to small-sized commercial applications in the next few years.
Although the economic recession and lack of regulations initially subdued the widescale spread of PIDS, it is expected that the market will witness a sound increase in its revenues from 2013 onwards. This boost is anticipated to result from technological breakthroughs and improvements in perimeter detection capabilities – improvements which are designed to reduce false alarms and secure the probability of detection.
End users are increasingly lured by the layered approach of combining multiple sensor technologies; for example, combining fences with buried or free-standing sensors and video. This approach complements the various technologies and helps overcome operational challenges.
"Performance improvements in terms of advanced sensing techniques and growing integration with other sensor technologies and video surveillance are expected to increase awareness and position PIDS as reliable systems," says Frost & Sullivan Senior Research Analyst Archana Rao. "For widespread adoption, vendors will have to sign strategic technology and business partnerships to complement offerings and educate the market as a whole on the need to secure the first line of defence."
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Opportunities in the World Perimeter Intrusion Detection Systems Market
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SOURCE Frost & Sullivan