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Indian Surveillance and Screening MarketPublished by: Frost & Sullivan Published: Jun. 22, 2009 - 100 Pages Table of Contents
AbstractThis Frost & Sullivan research service titled Indian Surveillance and Screening Market provides market dynamics, market size and forecasts, trends, and competitive analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the following product markets: closed-circuit television (CCTV) systems, walk-through metal detectors, and X-ray baggage screeners; applications: government establishments, airports, transportation sites, event venues, commercial establishments, hotels, and others.Market Overview Increasing Applications across Sectors Boosts the Prospects of the Indian Surveillance and Screening Market Heightened security awareness across all sectors of users ranging from governments and corporates to residential is driving the market for screening and surveillance equipment in India. The government sector is the leading end user of surveillance and screening equipment, with most of the demand coming from sub-sectors such as airports, transportation sites, government establishments, and areas of mass movement. The rapid pace of development in the realty, infrastructure, and power sectors has also heightened the demand for surveillance systems. "With growing security concerns in the country and the need for uninterrupted monitoring in almost all end-user sectors, customers have started opting for higher technology products in their facilities," say the analysts of this research. "The security and surveillance market, over the past five years, has continuously upgraded its technology, making more advanced and a wider range of products available to its customers." The incorporation of Internet protocol (IP)-enabled systems in the CCTV domain has taken video surveillance to the next level. CCTVs’ abilities of face recognition and object monitoring are proving invaluable to counter terrorism as well as monitor contraband movement. CCTV systems’ applications have widened significantly with the convergence of IT and networking technologies, as it has enabled a high degree of customized systems and industry-specific solutions. "The high bandwidth and compression technologies have made the solutions increasingly affordable," note the analysts. In the walk-through metal detectors segment, the use of multi-zone scanning has eased the need for multiple frisking. The walk through metal detectors segment has been enjoying higher uptake in airports. However, participants are realizing that innovating technologies and products is not enough to stay afloat in the Indian market. They will have to offer state-of-the-art products at competitive prices to appeal to Indian consumers. With the rising participation of the unorganized sector and small-time manufacturers, tier-I and tier-II vendors are facing fierce competition. Customers are also reluctant to upgrade their existing security due to the economic slowdown. "The most appropriate strategy to diversify in the Indian market is to keep the pricing of the products competitive, backed by robust service support and distribution set-up," remarks the analyst. "The vendors can augment sales and expand further by frequently interacting with system integrators and the end users to make them aware of the latest technology available in the market." Get Full Details About This Report >> |
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