China Intelligent Security & Protection Market to Reach RMB 1 Trln through 2022, Expects ASKCI Consulting in Its Report Published at MarketPublishers.16 Jan 2018 • by Natalie Aster
LONDON – Supported by the Chinese national policies, the country’s security and protection industry demonstrated sustainable, rapid growth over the past several years. In 2016, the Chinese security and protection industry was evaluated at appr. RMB 575 billion and is anticipated to hit the RMB 1 trillion mark by 2022.
The video monitoring system segment grew at a CAGR of over 15% during 2010-2016 and in 2016 amounted to the value of about RMB 174 billion.
Meantime, sales volumes and values of the burglar alarm system segment surged by 30% and 60% during 2010-2016, respectively. In 2016, the value of the burglar alarm system segment reached around RMB 18 billion.
HID Global Corporation, Synaptics Incorporated, Hangzhou Hikvision Digital Technology, Dahua Technology, NetPosa Technologies are amid the prominent vendors active in the Chinese intelligent security and protection market.
Topical research report “Market Research on Intelligent Security and Protection in China 2017-2022” prepared by ASKCI Consulting provides a reader with deep insights into the Chinese intelligent security and protection market as well as touches upon the situation in the global market. The report uncovers reliable data on the historical and present market performance, and offers future forecasts through to 2022. An all-encompassing overview of the prevailing trends and emerging opportunities, a detailed market segmentation analysis, a close look at the market dynamics and the main growth influencing factors are also available in this report. Additionally, the publication covers the competitive scenario and comprises data on the key enterprises active in the Chinese security and protection market.
Many other research reports elaborated by ASKCI Consulting are available at the publisher’s online page at MarketPublishers.com.