In order to pinpoint global trends in the current security industry, a&s International annually reviews the financial reports of worldwide public-listed security manufacturers and ranks the top 50 companies by product sales revenue. In 2015, a&s again ranked the top 50, according to their 2014 financial reports.
We found that global market demand is still high; however, multiple factors have caused the security industry to shake up. This year’s report also shows how Chinese companies have risen and how its opponents are ready for the competition.
We found that global market demand is still high; however, multiple factors have caused the security industry to shake up. This year’s report also shows how Chinese companies have risen and how its opponents are ready for the competition. It can be expected that the new market order is soon to come.
a&s proudly presents the top 10 winners for Security 50 for 2015
This year, the top 10 winners of Security 50 are Honeywell Security, Hikvision Digital Technology, Bosch Security Systems, Safran, Dahua Technology, Assa Abloy (Global Technologies), Tyco Security Products, FLIR Systems, Samsung (Hanwha Techwin), and Axis Communications, listed in order of ranking.
According to the a&s International Security 50 report, “The top 10 companies with the highest sales revenue in 2014 remain the same. The biggest change is brought by Hikvision Digital Technology and Dahua Technology, both of which grew quite enormously. Hikvision grew 57.5 percent moving up in the ranks to number 2, replacing Bosch Security Systems. Dahua grew 35 percent and surpassed the Global Technologies Division of Assa Abloy to rank fifth. Safran and Assa Abloy still maintained healthy growth with their new innovations for access control and high demand from national projects. On the other hand, Samsung Techwin weakened a bit in 2014. After the acquisition this year, the company’s Korean operations was renamed as Hanwha Techwin. Axis Communications’ ranking was influenced most from the growth of Tyco Security Products and FLIR Systems, rounding out the top 10.”
Ranking in the top 10 of Security 50 represents the leading position of these companies in the global security market, with their remarkable sales revenue and significant corporate performance in the security industry.
Even though the global economic status remains unpredictable and the industry is being affected by commercialization, especially of video surveillance equipment, the top 10 is still impressing the industry with their outstanding figures for 2014.
For the full 2015 Security 50 Rankings, check out the Security 50 microsite!