The global Perimeter Intrusion, Detection Systems Market Size, was valued at USD 13.50 billion in 2023. The Perimeter Intrusion Detection Systems market industry is projected to grow from USD 15.71 Billion in 2024 to USD 45.5024 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.21% during the forecast period (2024 - 2032). The growing security breaches, even from the premier administrative institutions, and the increased need for effective surveillance systems are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Rise in the adoption of perimeter intrusion detection systems is driving the market growth
Enhanced technological developments in video surveillance are the key driving force for this market. The video surveillance system comprises many sensors such as sonar, radar, automatic identification system, and GPS. These sensors are configured with a certain algorithm to provide map coordinates and alarms to the video surveillance system offering the highest value of all-weather area surveillance systems. Due to a significant rise in terrorism and criminal activities, governments of various countries are strengthening perimeter security at international borders, military bases, prisons, and other sensitive sites. This represents one of the key factors propelling the global PIDS market CAGR growth, as it assists in mitigating the risks of security breaches from hostile vehicles and drone attacks. Besides this, its application is increasing in small and medium enterprises (SMEs) to ensure the safety of employees and critical data. Moreover, the high risk of burglaries, thefts, and explosions in oil refineries contributes to market growth. Apart from this, incorporating signal processing, artificial intelligence (AI), machine learning, data analytics, and computing technologies are expanding the utilization of PIDS in various end-use industries. Furthermore, leading players are introducing variants that provide a higher probability of detection and low nuisance alarm rates and can adapt to different environments.
In addition to this, it also provides advanced video analytics and video motion detection. Governments are taking multiple initiatives for the growth and implementation of perimeter intrusion detection systems. Governments are aiming to upgrade the current security in different places. Recently various governments planned to change security at the residences of various ministers with a new perimeter intrusion detection system, which involves the latest sensors to detect any intrusion attempt within an area of 2.8 Km. Thus governments are looking to roll out multiple initiatives toward perimeter intrusion detection systems, raising lucent opportunities for the perimeter intrusion detection systems market revenue.
Based on components, the Perimeter Intrusion Detection Systems Market segmentation includes Service and Solution. The solution segment dominated the market, Because of the growing demand for visual alarm verification in video analytics and video surveillance systems; the Solutions sector is likely to have a larger proportion of the perimeter intrusion detection systems market for perimeters with minimal barriers, such as buildings or other obstructions, freestanding PIDS such as active infrared or microwave systems is frequently utilized. Infrared devices, such as windows or building facades, are also useful for protecting short distances. Freestanding PID systems are integrated with barrier-mounted mounted systems for particularly high-security applications.
Figure1: Perimeter Intrusion Detection Systems Market, by Components, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Based on deployment type, the Perimeter Intrusion Detection Systems Market segmentation includes Open Areas, Buries, and Fence Mounted. Due to their broad applicability, the Open Area segment dominated the market; they do not require any physical installation. Buries systems, which are installed underground and may be used to monitor pipelines or other buried assets, Fence Mounted systems, which are installed on perimeter fences and used to monitor and secure facilities or buildings, are the fastest growing segment due to the importance of perimeter security and the fact that many businesses and organizations require such systems for regulatory or insurance reasons.
Based on verticals, the Perimeter Intrusion Detection Systems Market segmentation includes Aerospace, Government & Defense, Transportation, Industrial, and Commercial. The Government & Defense segment dominated the market; increased use of sensors and video surveillance systems in oil & gas refineries, offshore rigs, well pads, solar farms, tank farms, mining sites, and conventional and nuclear power stations are contributing to the growth of Perimeter Intrusion Detection Systems Market. A PIDS is commonly found at airports, nuclear power plants, and military posts as part of a security system, such as a physical security system or a penal facility. A PIDS usually serves as an early warning system, alerting the surveillance system as soon as someone enters the site's boundary while remaining outside.
April 2020: SJC chose a FLIR end-to-end perimeter intrusion detection system comprised of 57 FLIR ElaraTM FC-Series ID thermal analytic cameras and 50 FLIR ioi HD Analytics Bullet cameras after analyzing six alternative technologies for their perimeter fence line.
September 2021: Scylla AI-powered Perimeter Intrusion Detection System and Tyco exacqVision have been integrated, according to Johnson Controls and Scylla.
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American perimeter intrusion detection systems market will dominate this market, growing concern about security, leading to higher growth in the Perimeter Intrusion Detection Systems Market. Video surveillance is an important security system component that helps secure assets, people, and facilities.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: Perimeter Intrusion Detection Systems Market SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's perimeter intrusion detection systems market accounts for the second-largest market share due tothe growing security breaches from the premier administrative institutions and the increased need for effective surveillance systems. Further, the German perimeter intrusion detection systems market held the largest market share, and the UK perimeter intrusion detection systems market was the fastest-growing market in the European region.
The Asia-Pacific perimeter intrusion detection systems market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the developing infrastructure and stringent government measures toward the safety of nations. Military and defense, transportation, key infrastructures, nuclear facilities, chemical industries, oil and gas, and other industries are also major contributors to the expansion of the perimeter security industry. Moreover, China’s perimeter intrusion detection systems market held the largest market share, and the Indian perimeter intrusion detection systems market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the perimeter intrusion detection systems market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the perimeter Intrusion detection systems industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s uses in the global perimeter intrusion detection systems industry to benefit clients and increase the market sector. In recent years, the perimeter intrusion detection systems industry has offered some of the most significant advantages to the IT industry. Major players in the perimeter intrusion detection systems market, including Honeywell International Inc. (US), Schneider Electric (France), Anixter International Inc (US), RBtec Perimeter Security Systems (US), Advanced Perimeter Systems Limited (UK), Axis Communications AB (Sweden), Senstar Corporation (Canada), FLIR Systems Inc. (US)., and others, are attempting to increase market demand by investing in research and development operations.
Bosch Building Technologies provides connected and integrated solutions that make your buildings more secure and efficient. Experts support you as consultants, installers, and service providers. Benefit from extensive expertise and integrated solutions based on the latest technologies. Bosch Building Technologies acquired Protect Fire and Security Group Ltd., a U.K.-based security and Fire Alarm Technology Company system integrator. Through this acquisition, the company aimed to strengthen its business in Europe.
Senstar Corporation develops and manufactures perimeter intrusion detection systems, video management software, security lighting, personal duress systems, and access control software for the physical and video surveillance industries. Its headquarters are located in Ottawa, Ontario. The Senstar Corporation had sent off a high-level variation of Fiber Patrol-ZR, with the most recent zone-revealing interruption recognition arrangement mounted on the wall. It is equipped for making a virtual zone after identifying a gatecrasher.
Honeywell International Inc. (US)
Schneider Electric (France)
Anixter International Inc (US)
RBtec Perimeter Security Systems (US)
Advanced Perimeter Systems Limited (UK)
Axis Communications AB (Sweden)
Senstar Corporation (Canada)
FLIR Systems Inc. (US)
November 2021: The Pro-Watch Video Management System (VMS) R700, Honeywell’s latest iteration of its feature-rich and user-friendly video management software platform, is also being released
November 2021: Bosch Building Technologies acquired Protec Fire and Security Group Ltd., a U.K.-based security and Fire Alarm Technology Company system integrator. Through this acquisition, the company aimed to strengthen its business in Europe.
Service
Solution
Open Area
Buries
Fence Mounted
Aerospace
Government & Defense
Transportation
Industrial
Commercial
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)