India Electronic Security | India Video Surveillance Market |India CCTV Market

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India Electronic Security Market Report 2020
Ken Research
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• How India Electronic Security Industry Is
  Positioned?
• The electronic security market in India has
  recorded revenue worth INR million in FY2010,
  which grew at a rate of during FY2011,
  amounting to INR million. The prime reason
  behind this growth has been the security measures
  which were undertaken post several terrorist
  attacks which occurred over the course of
  FY2009-FY2011. This includes the Mumbai and
  Pune attacks post which huge budgets were
  allotted by the government and large industrial
  sector for the installation of electronic
  security equipments, leading to massive growth of
  the industry. Number of burglaries and robberies
  surged over the period FY2013-FY2015. Number of
  property crime cases augmented from in 2012 to
  over 600K during 2014. Moreover several major
  government tenders were released over the period
  FY2013-FY2015. The revenue of the industry was
  reported at INR million in FY2014 which was
  further increased to INR million in FY2015.

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• The India electronic security market is highly
  fragmented and consists of various small and
  unorganized players. Although the share of
  unorganized sector in India electronic security
  market has declined over the period
  FY2010-FY2015, the segment has grown at a
  significant rate of during the period. Due to
  lack of entry barriers in the market, the small
  players are easily able to enter the industry and
  offer products at comparatively low prices than
  that of organized players. The presence of such
  players offering low priced products has resulted
  into stiff competition especially in the low
  power range segments. Use of cheap quality raw
  material allows smaller companies to cut down on
  cost and quality and thus pose significant
  threats to large manufacturers.

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• How Has Video Surveillance Market Evolved?
• Video surveillance systems have been the largest
  product category in India electronics security
  products market over the period FY2010-FY2015.
  It has accounted for a revenue share of in
  FY2015. Video surveillance systems are used to
  provide and store visual data of people and
  relative surroundings. Video surveillance systems
  include a range of security systems such as CCTV
  cameras, infrared (IR) cameras, IP cameras,
  megapixel cameras and others. The various
  components of these video surveillance equipments
  are processor chips, sensor chips, optical
  sensors, server, software, surveillance camera,
  switches and storage.

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• How Are Players Positioned In The Market
• CP Plus has been the largest player in the
  domestic video surveillance market during
  FY2015. The company is a global leader in
  security and surveillance products having a
  presence in more than 40 countries such as Hong
  Kong, China, India, Taiwan and others. CP plus
  Teknologix Labs is the testimony to its
  commitment towards quality and performance. CP
  Plus products pass through strict quality
  management and carry international certifications
  such as UL, CE, FCC and others. CP Plus India
  provides product solutions and services across
  almost all the segments, including banking,
  finance, retail, commercial, education,
  healthcare, home security, public and private
  security, infrastructure, hospitality, education,
  safe city, government institutions, civic bodies,
  power companies, real estate and transportation.

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• What are New Changes in Fire Alarm and Detection
  Systems Market
• The fire alarm market has been witnessing surge
  in demand for advanced multi-criteria fire
  detector systems which incorporate four different
  types of detection methods including
  photo-electric, electro-chemical, infrared (IR)
  and thermal detection. These detection methods
  automatically adjust themselves according to the
  changing environment conditions. Multi-criteria
  detector systems are able to sense fire in every
  type of environment situation helping them
  provide better security and protection. Indian
  fire alarm market is well established and with
  the arrival of new and innovative technologies,
  the market has achieved an increase in the
  electronic security market in India. Fire alarm
  systems registered a contribution of during
  FY2015, which was the second largest in overall
  revenue of electronic security market in India.
  In FY2015, the fire alarm market had generated
  revenues worth INR million.

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• Which Sectors Contribute To Fire Detection
  Systems Market Revenue?
• The commercial buildings and offices contributed
  the highest share of in the overall revenue of
  Indian fire alarm system market during FY2015.
  Demand from the commercial offices and buildings
  has been propelled by the government legislation
  and regulations, which have mandated the use of
  fire alarm systems in buildings and complexes.
  The government sector on the other hand,
  accounted for a significant share of in the
  total revenue of Indian fire alarm systems market
  in FY2015. The government sector needs to ensure
  continuity in operational activities by avoiding
  occurrence of fire accidents in the premises.
  Therefore, installation, maintenance, and
  upgradation of fire alarm system become
  inevitable. This has facilitated growth in demand
  for these fire alarm systems.

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• How Access Control Market has Grown in Last 5
  Years?
• Access control systems have been the third
  largest segment in the overall electronic
  security equipment market as they accounted for a
  revenue share of during FY2015The electronic
  access control systems market in India registered
  revenue worth INR million in FY2015 as
  compared to INR million in FY2010, growing at
  a rate of . Biometrics has a huge potential to
  grow over the period FY2016-FY2020. The growth
  of Biometrics in India is projected to be huge on
  account of the proliferated uses of biometric
  devices in public as well as private sectors.
• . Which End User Contributes The Largest To
  The Market?
• The electronic security market has witnessed
  active construction activities in Tier-I, Tier-II
  and Tier-III cities. These endeavors have led to
  huge investments for the installation of
  electronic security systems inclusive of
  electronic access control systems in the
  commercial offices and buildings in major cities
  such as Delhi, Mumbai, Bangalore, and Baroda.
  Commercial buildings and offices commanded a
  contribution of in the total revenue in access
  control systems in FY2015.

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• With a contribution of , government sector has
  been the second largest consumer for access
  control systems in India during FY2015. The
  entities within the government sector are highly
  fragmented. For instance, central government
  manages the purchases from defense, highways and
  railways, and on the other hand state government
  manages the demand traffic control, city
  surveillance and local police. Tyco, Honeywell,
  UTC products, Lenel, Siemens, Johnson Controls
  and Other companies such as Bosch, Kaba, HID,
  Zicom, ESSL are the major players in this space.
  Unorganized sector contributed to the revenues
  of the access control market of India during
  FY2015.
• How Dynamics In Intrusion Alert Market Has
  Changed In Last 5 Years?
• Integration of intruder alarms with other
  security systems such as video surveillance,
  access control systems, and fire alarms which can
  be monitored, controlled and accessed with smart
  phones is gradually gaining momentum in the
  country. Systems integration technology combines
  the functionality of various security systems
  which work together as a single solution.

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• These systems allow seamless communication
  between intruder alarms and other security
  systems. Furthermore, they also provide improved
  security against burglary and theft, maximized
  efficiency, and simplification of operations,
  thereby lowering the overall cost of installation
  and maintenance. Users can perform remote
  monitoring of integrated security systems through
  web based devices, enabling them to self-monitor
  their systems.Tyco, Honeywell with Lyric home
  security, Zicom, Bosch, Siemens Intrusion
  Detection Products Systems, UTC, Securens and
  Diebold are the major players operating in this
  category.
• How Competitive Intrusion Alarm Market In India?
• Tyco offers a range of intrusion detection
  solutions including intrusion detection sensors,
  systems and services surrounding layout,
  installation, intrusion detection testing,
  intrusion detection inspection, service and
  intrusion monitoring. Tyco systems further
  possess investigative capabilities which have
  been known to prevent crimes and support cost
  reductions. Supported by this, Tyco has captured
  the largest revenue share of in the intrusion
  detection market during FY2015. Honeywell has
  garnered the second largest revenue share of
  in FY2015. Honeywell has recently introduced
  Lyric home security which features awareness
  cameras, motion, and smoke and intruder
  detectors.

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• Zicom has been one of the largest domestic
  manufacturers of electronic security products
  over the period FY2010-FY2015. Zicoms
  intrusion detection systems have generated
  significant demand from small and large retail
  outlets around the country over the past five
  years. Revenue share of Zicom in intrusion
  detection systems market of India has amounted to
  in FY2015.
• What Are The Future Opportunities In Electronic
  Security Market
• The revenue of India electronic security market
  is projected to increase from INR million in
  FY2015 to INR million by FY2020 at a CAGR of
  during FY2016-FY2020. The market will also
  grow on account of a strong inclination of
  upper-class population and high-end customers
  such as the government and industrial sector
  towards innovative and advanced technology
  security solutions which act as a tool for
  gathering business intelligence.

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• The electronic security market in India is
  apprehended to grow on account of rapid
  urbanization of tier 1 tier 2 and tier 3 cities.
  The second and third tier cities are marked by
  lack of awareness level, slow technological
  development and small establishments which deploy
  traditional security solutions. There is a window
  of opportunities in these regions, since both
  small and big establishments are swiftly moving
  towards more efficient and effective security
  solutions technologies such as IP video
  surveillance, biometric, wireless intercom
  systems, and multi-criteria fire detectors
  thereby leading to improved revenue for the
  electronic security market in India.

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• Source https//www.kenresearch.com/defense-and-se
  curity/security-devices/india-electronic-security-
  market-2020/30045-16.html
•  
• Contact Ken ResearchAnkur
  Gupta, Head Marketing CommunicationsAnkur_at_kenre
  search.com91-9015378249

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