International. According to the study conducted by Freedonia Group Inc, the demand for security equipment will grow annually, from this year to 2012, by 7.8 percent per year, reaching a number of sales that will exceed 90 billion dollars. This increase in demand is due to the growth of industries, the global economic environment, foreign investment, the development of cities, in addition to the increase in crime and insecurity, which has led to the search for alternative protection systems for police forces, military and private security.
For its part, China will surpass Japan in 2012, the second largest market in security equipment in the world after the United States; in addition, growth in this segment is expected in Turkey, Indonesia and Israel.
Electronic safety products will lead sales above mechanical equipment, as new electronic generations have greater capacity than mechanical ones, and improvements in such systems will drive market development. Additionally, the decrease in the value of electronic devices will positively influence their implementation and commercialization, making them more affordable, in order to be included in different economic sectors such as construction, where it is sought to replace conventional mechanical locks with access control systems, which is one of the products that will be most in demand, followed by CCTV, security equipment to prevent smuggling, electronic surveillance systems of articles and alarms.
The industrial/commercial sector is the market that consumes the most safety equipment, which will increase due to the high business activity, which is associated with the protection requirements and the growth of the world economy. On the other hand, in the government sector and in the institutional market, defense will be boosted due to the higher security index that has been presented since 9/11, since government agencies are the ones that must provide protection to the general public. However, in the residential area there will also be a high development of security stimulated by the perception of risk of many residents.
In 2002, the global demand for security was $42.1 trillion and last year it reached $62.1 trillion, with Western Europe being the main claimant with $19.2 trillion, followed by North America with $15.8 trillion, Asia/Pacific with $15.7 and other regions with $11.5 trillion.
In Latin America, for example, video security solutions are the most widely used, having a growth rate of 40 percent since 2004, and is expected to continue this development until 2011. According to data presented by the consulting firm MultiMedia Intelligence, the use of IP cameras increased in 2007 by 50 percent more than in 2006, reaching 500 million dollars.
These solutions are being implemented in citizen surveillance systems, in transport, department stores, production lines, companies, educational institutions, since they not only record events but can also send alerts when it comes to blocking or moving them.
According to the estimate, by 2012, the demand for electronic security solutions will reach 90.5 trillion dollars, Western Europe will continue to lead, followed by Asia/Pacific, North America and other regions.
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