Market Analysis and Insights: Global Building Security System Market
In the context of building automation, a security systems is composed of two constituent elements. Figure below is a conceptual diagram. The first is a monitoring systems that oversees what is going on in and around the building by means of cameras and sensors of various types. The second is a crime prevention systems that performs ingress and egress management and control based on the information from the monitoring systems.
The global Building Security System market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Monitoring Systems accounting for % of the Building Security System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential Building segment is altered to an % CAGR throughout this forecast period.
China Building Security System market size is valued at US$ million in 2021, while the North America and Europe Building Security System are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Building Security System landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
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Global Building Security System Scope and Market Size
Building Security System market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Building Security System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Monitoring Systems
Access control
Intrusion Detection
Fire Safety
Others
Segment by Application
Residential Building
Commercial Building
Industrial Building
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Siemens Building Technologies Inc
Johnson Controls（Tyco）
Schneider Electric
UTC Fire＆Security
United Technologies Corporation
BOSCH Security
ABB Limited
Legrand (Bticino)
Honeywell International Inc
Dahua Technology
Eaton Corporation
Caverion corporation
Ingersoll Rand Inc
Renesas
Azbil Corporation
Nortek Security & Control LLC
Magal Security Systems Ltd
Assa Abloy Group
Allegion plc
Alarm.Com
Aiphone
Control4 Corporation