The commercial segment of this market is experiencing an increase in demand for products such as fire alarms and access control systems, as companies perceive the need for tighter security for their premises. Sales in the residential portion of the industry are also expected to grow based on the increasing costs of alarm systems.
Gains in this industry will be brought about by the demand for safety devices and locks. The demand for locks will be brought about by the residential market, which will have an interest in maintaining and improving the security of homes. In the commercial sector, heightened security standards will drive the demand for alarms and other safety products and systems.