The global market size for intruder alarms was estimated to surpass US$2.9 billion in 2009, according to IMS Research . The global market for intruder alarms is forecast to see an uptick beginning in 2011. The uptick will be the result of the recovering economies and stimulus monies that will have been utilized in previous years. The reason for the delay in returning growth is that the construction market will not recover immediately, and intruder alarms are typically the last system to be installed at a site; therefore, while moderate growth will return to the intrusion market, this growth will be delayed.
The EMEA and Asia regions are forecast for stronger growth than the Americas. While the construction market failed in both EMEA and the Americas, the EMEA region is forecast for a stronger/quicker rebound as a result of emerging markets such as Eastern Europe and Russia. Although the Americas also have emerging countries such as Brazil, its growth has less effect because of the large presence of the U.S. Hence, growth will return more quickly in EMEA compared to the Americas. The Americas also saw the residential market collapse during the downfall, where very few new installations or retrofitting occurred. This market is forecast to rebound in 2011.
In terms of growth, Italy, Germany, the U.K. and Ireland are forecast to have the slowest growth rate from 2008 through 2013, with CAGRs of 0.6-, 1.0- and 1.2 percent respectively. Russia and the Commonwealth of Independent States, the Middle East and Africa, and the rest of Eastern Europe are forecast to have the strongest growth with CAGRs of 6.6-, 8.5- and 9.6 percent respectively. Asia experienced very little slowdown while the other regions slowed because of the economic/construction downturn and will continue to see strong growth through 2013.
Some of the major global players include Honeywell Security, Bosch Security Systems and GE Security.