SecurityWorldMarket

24/07/2006

Shipments of Wireless Intruder Alarms Forecast to More Than Double

Wellingborough, UK

IMS Research's latest forecasts on the world market for intruder alarms show that the global market was estimated to be worth US$2.5 billion in 2005. The ongoing trend from wired to wireless alarm products, together with the improved outlook for the global construction industry, will ensure that the intruder alarm market grows at a healthy pace over the next five years, with a CAGR of 5.8%.
Wireless alarm products have been in the market for a number of years but initially failed to make any significant impact, with high levels of unreliability to blame. However, more recently the prospects for wireless alarm products have been more encouraging. Significant technology improvements have been made which have resulted in a ramp-up phase for wireless intruder alarms as these products are increasingly accepted by the market.
IMS Research analyst and report author Paul Everett commented, "The security installers have really got behind the wireless alarm products". Everett continues, "wireless alarms are much simpler to install, saving the installation companies time and money, with substantially lower labour costs".
The vast majority of suppliers have entered the wireless intrusion sensor market with an internal motion PIR sensor. The success of this product, together with the current trend in the market towards wireless intrusion equipment, has encouraged suppliers to further develop their range of wireless sensors to include other sensor types such as wireless dual technology sensors and wireless break glass sensors. Despite this, IMS Research predicts that wireless PIR intrusion sensors will remain the preferred choice of wireless sensor by 2009, accounting for 83.1% of the world wireless intrusion sensor market.
IMS Research forecasts annual shipments of both wireless sensors and self-contained wireless intruder alarm panels will more than double over the next five years.


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