Released on = April 21, 2007, 1:37 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = The US market for electronic security products and systems
is expected to rise nearly seven percent per year to $15.5 billion in 2010. Growth
will be spurred by some of the same factors driving the broader security industry,
including a high perceived risk of crime (from conventional violent and property
crimes

Press Release Body = Electronic Security industry forecasts to 2010 & 2015

US market value to reach $15.5 billion in 2010
The US market for electronic security products and systems is expected to rise
nearly seven percent per year to $15.5 billion in 2010. Growth will be spurred by
some of the same factors driving the broader security industry, including a high
perceived risk of crime (from conventional violent and property crimes to white
collar crimes and terrorism) and a belief that public safety officials are
overburdened. Although much of the investment that was proposed immediately
following the 9/11/01 terrorist attacks has been completed, gains will continue to
be fueled by improving capital spending, as well as technology developments that
drive spending on upgraded systems.

Shipments of electronic security products from US facilities are projected to
increase 6.5 percent annually through 2010 to $13.6 billion. This rate is somewhat
slower than demand growth and reflects both ongoing growth in markets that already
feature a high import component (e.g., alarms and closed-circuit television systems)
and a broader trend of US-based manufacturers outsourcing a rising level of
manufacturing and assembly activities.

Access controls, contraband detection systems to provide best growth prospects

Holding especially good prospects are systems that provide a high level of
protection with a minimum amount of maintenance and manned support. For instance,
access controls are expected to post the strongest growth through 2010 because of
technological innovations that

allow them to employ an increasingly sophisticated array of clearance options,
including biometrics, and because they can effectively replace guards. Above average
growth is also expected for contraband detection systems as technology improves and
the systems become more accessible to a wide array of applications. However, gains
will be significantly below the massive expansion, much of which took place in the
airport segment, between 2002 and 2004. Automotive security devices will also
exhibit healthy growth as OEM penetration rates continue to increase, although some
slowing is expected thereafter as this process is completed.

Most end-use markets to register healthy growth

Most end-user markets for electronic security systems will register healthy growth.
Above average gains are expected in the industrial, offices and lodging, financial
institutions and services sectors, due to a combination of cyclical factors and
concerns over the adequacy of security safeguards in these settings.

For more information, Please visit : http://www.bharatbook.com/detail.asp?id

Web Site = http://www.bharatbook.com

Contact Details = 207, Hermes Atrium,
Sector 11, Plot No.57
CBD Belapur