United States. By 2014 it is expected that the demand and sales of electronic security systems and products in the U.S. will be expected to be in the U.S. The U.S. market increases 9.3% each year from this year to 2014, according to data released by market research firm Freedonia Group Inc.According to the report, growth in this sector is driven by the recovery in investment and the tight credit environment. Although crime rates have declined, Americans still believe the risk is high, a thought that will drive the modernization and installation of electronic security equipment.
Among all systems, access control solutions are the ones that present the greatest growth. Demand in this niche is expected to grow 12.8% annually, due to the adoption of new technologies such as smart cards, biometrics and higher value developments, in addition to the implementation of automation, which proposes the reduction of keys and security personnel.
For CCTV products and systems, an increase in demand of 7% per year is expected, to US$1.6 trillion (one thousand six hundred million dollars). This sector will also benefit from technological advances in digital recording, image quality, analysis and Internet-based monitoring.
Last year alarms were the most demanded systems due to their widespread use in most markets. For these four years, sales are expected to increase 7.2% driven by residential construction expenses, and the recovery of commerce and its installation in these businesses.
The consumer sector was the largest market that demanded these security systems, which was divided between residential and automotive applications. According to the study, this sector is expected to grow 8.5% per year until 2014. The second sector was the Government, followed by the institutional sector; the largest growth is expected to be presented by the financial sector and the hotel industry with an increase of 11% in these four years.
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