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US Electronic Security Systems Market to 2027 - Country Analysis and Forecasts by Product Type (Surveillance Systems, Alarming Systems, Access Control System); Component (Camera, Monitor, Storage Device, Software)

RnM3926460
13 March, 2020
Global
225 Pages
The Insight Partners
Electronics & Semiconductor

The US electronic security systems market was valued at US$ 10.33 Mn in 2018, and is calculated to reach US$ 20.50 Mn by 2027, growing at a CAGR of 8.4% from 2019 – 2027. The continuous engagement of various US governmental verticals with electronic security systems market players to procure technologically advanced systems is catalyzing the growth of electronic security systems market in the US.

The federal government plays a vital role in the trend and growth of the US electronic security systems market. The companies offering security system products have to comply with the laws and regulations formed. The federal government has passed various acts for keeping an eye on the workings and maintaining the security of the individuals, such as Computer Fraud and Abuse Act of 1986 (18 USC 1030), National Policy for the Security of National Security Telecommunications and Information Systems (NSTISSC), and Federal Information Security Management Act (FISMA), among others.

With the increasing advancements and technological innovations, the US electronic security systems market players have extended respective product applications in various fields including offices, building automation, cybersecurity, and transportation. One of the significant factors contributing to the demand for US electronic security markets is increasing instances of illicit crimes across the country. Another notable driver that is propelling the application of electronic security is the increasing usage of electronic security systems by government agencies.

Also, infrastructure development projects such as IT Hubs, smart cities, etc. are leading to increased adoption of electronic security systems mainly due to their ability to offer real-time, faster, time, better safety, and security. One of the major factors hampering the growth of the electronic security systems market is the high installation and maintenance costs of the electronic security equipment. Furthermore, the US electronic security systems market is highly fragmented due to the presence of a large number of market players. The vendors in the US electronic security systems are adopting competitive pricing strategies, mainly due to the lack of differentiation in the product offerings

Few popular manufacturers of security cameras from the United States are Parabit Systems, Arecont Vision LLC, Bolin Technology, MOBOTIX Corp, FLIR Systems, Dahua Technology USA Inc., AxxonSoft, IDIS, Oncam, and eCamSecure. The US electronic security systems market growth is attributed to the rising intrusion activities and increased crime rate in the country.

Few of the factors impacting the US electronic security systems market growth are:
• The constant increase in the transportation system and facilities in the US due to the rise in population. A sudden surge in the awareness relating to the soaring crime rates has been noticed and is anticipated to increase the adoption of electronic security devices such as alarms and video surveillance systems in the US
• Real-time responses to risks and threats, an increasing number of security breaches, and the emergence of big data is expected to propel the market growth in the coming years

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 US Electronic Security Systems Market, by Product Type
- 1.3.2 US Electronic Security Systems Market, by Component

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. US Electronic Security Systems– Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 PEST Analysis: US Market
4.3 Porter’s Five Forces Analysis
- 4.3.1 Bargaining Power of Buyers
- 4.3.2 Bargaining Power of Suppliers
- 4.3.3 Threat to New Entrants
- 4.3.4 Threat to Substitutes
- 4.3.5 Degree of Competition
4.4 Ecosystem Analysis

5. Key Market Dynamics

5.1 Drivers
- 5.1.1 Increasing Incidences of Terrorist Attacks and Other Crimes
- 5.1.2 Rise in Adoption of AI in Video Surveillance Cameras
5.2 Restraints
- 5.2.1 High Maintenance and Installation Costs, and Privacy Issues
5.3 Opportunities
- 5.3.1 Proliferation of “Smart City” Initiatives
5.4 Trends
- 5.4.1 Integration of Bluetooth Low Energy is Expected to Draw Attention of End Users
5.5 Impact Analysis of Drivers and Restraints

6. Electronic Security Systems – US Market Analysis

6.1 US Electronic Security Systems Market Overview
- 6.1.1 US Electronic Security Systems Market Forecast and Analysis
- 6.1.2 Competitive Analysis

7. US Electronic Security Systems Market Analysis – By Product Type

7.1 Overview
7.2 US Electronic Security System Market Breakdown, by Product Type, 2018 and 2027
7.3 Surveillance Security System
- 7.3.1 Overview
- 7.3.2 Surveillance Security System Market, Revenue and Forecast to 2027 (US$ Bn)
  - 7.3.2.1 Camera
  - 7.3.2.1.1 Camera Market, Revenue and Forecast to 2027 (US$ Bn)
  - 7.3.2.2 Video Management
  - 7.3.2.2.1 Video Management Market, Revenue and Forecast to 2027 (US$ Bn)
  - 7.3.2.3 IP Video Recording
  - 7.3.2.3.1 IP Video Recording Market, Revenue and Forecast to 2027 (US$ Bn)
  - 7.4 Alarming System
    - 7.4.1 Overview
    - 7.4.2 Alarming System Market, Revenue and Forecast to 2027 (US$ Bn)
      - 7.4.2.1 Monitoring Systems
      - 7.4.2.1.1 Monitoring Systems Market, Revenue and Forecast to 2027 (US$ Bn)
      - 7.4.2.2 Intrusion Detection
      - 7.4.2.2.1 Intrusion Detection Market, Revenue and Forecast to 2027 (US$ Bn)
      - 7.4.2.3 Perimeter Alarm
      - 7.4.2.3.1 Perimeter Alarm Market, Revenue and Forecast to 2027 (US$ Bn)
      - 7.5 Access Control System
        7.5.1 Overview
        7.5.2 Access Control System Market, Revenue and Forecast to 2027 (US$ Bn)
        7.5.2.1 Card Reader
        7.5.2.1.1 Card Reader Market, Revenue and Forecast to 2027 (US$ Bn)
        7.5.2.2 Biometrics
        7.5.2.2.1 Biometrics Market, Revenue and Forecast to 2027 (US$ Bn)
        7.5.2.3 Electronic Locks
        7.5.2.3.1 Electronic Locks Market, Revenue and Forecast to 2027 (US$ Bn)
        8. US Electronic Security Systems Market Analysis – By Component
        8.1 Overview
        8.2 US Electronic Security System Market Breakdown, by Component, 2018 and 2027
        8.3 Camera
        8.3.1 Overview
        8.3.2 Camera Market, Revenue and Forecast to 2027 (US$ Bn)
        8.4 Monitor
        8.4.1 Overview
        8.4.2 Monitor Market, Revenue and Forecast to 2027 (US$ Bn)
        8.5 Storage Device
        8.5.1 Overview
        8.5.2 Storage Device Market, Revenue and Forecast to 2027 (US$ Bn)
        8.6 Software
        8.6.1 Overview
        8.6.2 Software Market, Revenue and Forecast to 2027 (US$ Bn)
        8.6.2.1 PSIM Locks
        8.6.2.1.1 PSIM Market, Revenue and Forecast to 2027 (US$ Bn)
        8.6.2.2 Identity Management
        8.6.2.2.1 Identity Management Market, Revenue and Forecast to 2027 (US$ Bn)
        9. Industry Landscape
        9.1 Overview
        9.2 Partnerships & Acquisitions
        9.3 Synergetic Market
        10. Company Profiles
        10.1 ADT Inc.
        10.1.1 Key Facts
        10.1.2 Business Description
        10.1.3 Products and Services
        10.1.4 Financial Overview
        10.1.5 SWOT Analysis
        10.1.6 Key Developments
        10.2 BAE SYSTEMS PLC
        10.2.1 Key Facts
        10.2.2 Business Description
        10.2.3 Products and Services
        10.2.4 Financial Overview
        10.2.5 SWOT Analysis
        10.2.6 Key Developments
        10.3 Evergreen Fire and Security
        10.3.1 Key Facts
        10.3.2 Business Description
        10.3.3 Products and Services
        10.3.4 Financial Overview
        10.3.5 SWOT Analysis
        10.3.6 Key Developments
        10.4 Honeywell International Inc.
        10.4.1 Key Facts
        10.4.2 Business Description
        10.4.3 Products and Services
        10.4.4 Financial Overview
        10.4.5 SWOT Analysis
        10.4.6 Key Developments
        10.5 Integrated Security Technologies, Inc.
        10.5.1 Key Facts
        10.5.2 Business Description
        10.5.3 Products and Services
        10.5.4 Financial Overview
        10.5.5 SWOT Analysis
        10.5.6 Key Developments
        10.6 Johnson Controls International Plc.
        10.6.1 Key Facts
        10.6.2 Business Description
        10.6.3 Products and Services
        10.6.4 Financial Overview
        10.6.5 SWOT Analysis
        10.6.6 Key Developments
        10.7 KBR Inc.
        10.7.1 Key Facts
        10.7.2 Business Description
        10.7.3 Products and Services
        10.7.4 Financial Overview
        10.7.5 SWOT Analysis
        10.7.6 Key Developments
        10.8 LVW Electronics
        10.8.1 Key Facts
        10.8.2 Business Description
        10.8.3 Products and Services
        10.8.4 Financial Overview
        10.8.5 SWOT Analysis
        10.8.6 Key Developments
        10.9 LOCKHEED MARTIN CORPORATION
        10.9.1 Key Facts
        10.9.2 Business Description
        10.9.3 Products and Services
        10.9.4 Financial Overview
        10.9.5 SWOT Analysis
        10.9.6 Key Developments
        10.10 Leidos Holdings, Inc.
        10.10.1 Key Facts
        10.10.2 Business Description
        10.10.3 Products and Services
        10.10.4 Financial Overview
        10.10.5 SWOT Analysis
        10.10.6 Key Developments
        10.11 M.C. Dean, Inc.
        10.11.1 Key Facts
        10.11.2 Business Description
        10.11.3 Products and Services
        10.11.4 Financial Overview
        10.11.5 SWOT Analysis
        10.11.6 Key Developments
        10.12 ManTech International Corporation
        10.12.1 Key Facts
        10.12.2 Business Description
        10.12.3 Products and Services
        10.12.4 Financial Overview
        10.12.5 SWOT Analysis
        10.12.6 Key Developments
        10.13 Orion Security Systems
        10.13.1 Key Facts
        10.13.2 Business Description
        10.13.3 Products and Services
        10.13.4 Financial Overview
        10.13.5 SWOT Analysis
        10.13.6 Key Developments
        10.14 Northrop Grumman Corporation
        10.14.1 Key Facts
        10.14.2 Business Description
        10.14.3 Products and Services
        10.14.4 Financial Overview
        10.14.5 SWOT Analysis
        10.14.6 Key Developments
        10.15 Parsons Corporation
        10.15.1 Key Facts
        10.15.2 Business Description
        10.15.3 Products and Services
        10.15.4 Financial Overview
        10.15.5 SWOT Analysis
        10.15.6 Key Developments
        10.16 Surveillance Secure
        10.16.1 Key Facts
        10.16.2 Business Description
        10.16.3 Products and Services
        10.16.4 Financial Overview
        10.16.5 SWOT Analysis
        10.16.6 Key Developments
        10.17 Science Application International Corporation
        10.17.1 Key Facts
        10.17.2 Business Description
        10.17.3 Products and Services
        10.17.4 Financial Overview
        10.17.5 SWOT Analysis
        10.17.6 Key Developments
        10.18 Securitas Electronic Security, Incorporated
        10.18.1 Key Facts
        10.18.2 Business Description
        10.18.3 Products and Services
        10.18.4 Financial Overview
        10.18.5 SWOT Analysis
        10.18.6 Key Developments
        10.19 Security Hunter
        10.19.1 Key Facts
        10.19.2 Business Description
        10.19.3 Products and Services
        10.19.4 Financial Overview
        10.19.5 SWOT Analysis
        10.19.6 Key Developments
        10.20 Serco Inc.
        10.20.1 Key Facts
        10.20.2 Business Description
        10.20.3 Products and Services
        10.20.4 Financial Overview
        10.20.5 SWOT Analysis
        10.20.6 Key Developments
        10.21 Split Pine Technologies, Inc
        10.21.1 Key Facts
        10.21.2 Business Description
        10.21.3 Products and Services
        10.21.4 Financial Overview
        10.21.5 SWOT Analysis
        10.21.6 Key Developments
        10.22 Stanley Convergent Security Solutions, Inc
        10.22.1 Key Facts
        10.22.2 Business Description
        10.22.3 Products and Services
        10.22.4 Financial Overview
        10.22.5 SWOT Analysis
        10.22.6 Key Developments
        10.23 Siemens AG
        10.23.1 Key Facts
        10.23.2 Business Description
        10.23.3 Products and Services
        10.23.4 Financial Overview
        10.23.5 SWOT Analysis
        10.23.6 Key Developments
        10.24 Xator Corporation
        10.24.1 Key Facts
        10.24.2 Business Description
        10.24.3 Products and Services
        10.24.4 Financial Overview
        10.24.5 SWOT Analysis
        10.24.6 Key Developments
        11. Appendix
        11.1 About The Insight Partners

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Summary:
Get latest Market Research Reports on US Electronic Security Systems . Industry analysis & Market Report on US Electronic Security Systems is a syndicated market report, published as US Electronic Security Systems Market to 2027 - Country Analysis and Forecasts by Product Type (Surveillance Systems, Alarming Systems, Access Control System); Component (Camera, Monitor, Storage Device, Software). It is complete Research Study and Industry Analysis of US Electronic Security Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

Last updated on 13 March, 2020

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US Electronic Security Systems Market to 2027 - Country Analysis and Forecasts by Product Type (Surveillance Systems, Alarming Systems, Access Control System); Component (Camera, Monitor, Storage Device, Software)

Table Of Content

TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. US Electronic Security Systems– Market Landscape

5. Key Market Dynamics

6. Electronic Security Systems – US Market Analysis

7. US Electronic Security Systems Market Analysis – By Product Type

8. US Electronic Security Systems Market Analysis – By Component

9. Industry Landscape

10. Company Profiles

11. Appendix

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