According to Homeland Security Research Corp.’s new report, China Homeland Security & Public Safety Market – 2013-2020, as early as 2014, the Chinese demand for products and services in these industries will surpass those of the U.S., becoming the largest in the world.
China will bring forth the largest and most significant market opportunities over the next decade in the Homeland Security (HLS) and Public Safety industries. According to Homeland Security Research Corp.'s new report, China Homeland Security & Public Safety Market – 2013-2020, as early as 2014, the Chinese demand for products and services in these industries will surpass those of the U.S., becoming the largest in the world.
In 2012 alone, out of the total $45.2 billion market, foreign-based companies (e.g., IBM, FLIR, GE Security Asia, Honeywell Security Group, Panasonic, Samsung Electronics, Siemens, Bosch Security, Sony, Sikorsky, Honeywell, EADS) supplied $17.1 billion. This accounts for 38% of the total Chinese market for HLS & Public Safety products and services.
The 2013 edition China Homeland Security & Public Safety Market – 2013-2020 report reveals that,
*While the U.S. embargo on military equipment and technologies export to China limits the export of defense products to this country, the U.S. government (including the DHS, DOC and the State Department), encourages the export of American HLS & Public Security products and technologies to China. *The Chinese aviation safety market is booming: 2 out of 3 new airports built worldwide are in China.
*The country's public transportation system, the world's largest, is poised to undergo a multibillion-dollar security systems overhaul.
*China's smart video surveillance market, the world's largest, is dominated by foreign-based companies. The report offers for each of its HLS & Public Safety 44 sub-markets 2010-2012 market data, as well as 2013-2020 forecasts and analyses. The report is the only comprehensive review of the People's Republic of China's Homeland Security & Public Safety market available today.
The report offers for each of its HLS & Public Safety 44 sub-markets 2010-2012 market data, as well as 2013-2020 forecasts and analyses. The report is the only comprehensive review of the People's Republic of China's Homeland Security & Public Safety market available today.