World Business News: Global Perimeter Security Market Worth $ 19.8 Billion by 2020

Date: 2017-08-20

Physical perimeter security can be defined as systems and technologies that protect people and assets within a facility and its grounds by blocking unauthorised physical intrusions across the perimeter. Perimeter Security includes Fiber Optic Cable Detection System and PIR Microwave Detectors on the base of classification, which represent 37% and 31% of global Perimeter Security market.

Defense and government, Transportation facilities, Critical infrastructure and Sensitive areas are the main application of Perimeter Security product and North American is the largest Perimeter Security market on production and consumption.

Global Perimeter Security market is projected to reach $ 19.8 Billion by 2020, with a GAGR of 7.1% from 2016, and Asia will have a big dynamic momentum on the market growth. The major players in the global Perimeter Security market are Southwest Microwave, SightLogix, Honeywell, Senstar, RBtec Perimeter Security Systems, Hikvision, Magal, Zhengyang Wire Mesh, Axis, CIAS, Secure Site UK etc.

Read Full Report: http://www.gosreports.com/global-perimeter-security-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
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