2013 Security50: Macroeconomic Uncertainty Still Affects Security

The Security 50 providers still played a crucial role in the global market in 2012. They contributed around 68% of the total global security equipment market and over 40% of the video surveillance market.

The Security 50 generated US$14.7 billion in global product sales revenue in 2012, with more than $5 billion in video surveillance equipment sales. Of the Security 50, 22 companies made the sales revenue of at least $100 million in 2012.

Amongst them, Honeywell Security, Bosch Security Systems, Safran, and Hikvision Digital Technology even reached the $1 billion mark. It was worth noticing that Hikvision set a record sales revenue of more than $1 billion in 2012.

The global security product market was valued at $21.5 billion, with $11.9 billion in video surveillance, according to an IHS report in 2012.

Other global markets for security products are followed by access control ($2.9 billion or 13.6 %), intrusion ($2.6 billion or 12.1 %), perimeter ($350.6 million or 1.6 %), and entry control ($3.7 billion or 17.1 %).

North and South America combined made up 41 % of worldwide trade for physical security equipment and services. Asia was next at $33 billion, followed by the collective Europe-Middle East-Africa (EMEA) region with $29 billion.

Security growth for 2012 in Asia was 13.3 % in APAC, compared to 3.8% in America and 4.2 % in EMEA, found IHS. […]

Source: asmag.com
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