Central alarms are the sector likely to see most growth in the next few years, according to a market survey; from our May print magazine.
The central alarms sector, while staying the smallest sector in the security equipment market, will see a 11 per cent rise in sales between 2004 and 2009, according to a market development report by MBD (Market & Business Development). The Manchester-based researchers estimate that the UK market for security alarms and systems went up by one per cent to £2,759m in 2004. The researchers say that growth will be ‘moderate’, mainly due to more price competition and some security equipment sectors – notably intruder alarms – reaching maturity. MBD estimate more annual growth rates of one per cent, and overall growth of four per cent from 2004 to 2009. Sales of intruder alarms, it is claimed, will decline nine per cent from 2004 to 2009; meanwhile the CCTV sector is expected to grow seven per cent, access control 13 per cent, and ‘integrated systems’ eight per cent.
The UK security equipment market development report, £550, is available from MBD.
