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Follow on Google News | SWOT Analysis of China Electronic Security Market- 2019The report provides statistics on type of electronic security systems and sub categories, market segmentation by residential and non-residential, by end user and import-export statisitcs
By: Ken Research The electronic security market in China has witnessed a growth in recent years on account of rising demand from the government, banking and commercial sectors. The surge in growth is majorly originated from growth in video surveillance systems as a segment of electronic security market. The growth in this segment has been largely led by the government’s massive investment in public infrastructure development. The electronic security market in China is comprised of a few large companies such as Hikvision, Dahua, Uniview, Honeywell, Bosch and Tyco which posses a large product portfolio of electronic security products. The market also consists of several unorganized players competing on the basis of prices. The China electronic security market revenues have grown at a CAGR of ~% from 2009-2014. According to the research report, the China electronic security market will grow at a considerable CAGR of 16.4% thus exceeding USD 8 million by 2019 due to the increasing demand from several end user segments including government, banking, commercial, industrial and residential. “While rising disposable incomes, growing urbanization in the country and an increase in awareness regarding their security will result in increased spending on electronic security products in China, lack of consumer awareness, competition from the unorganized sector and lack of stringent government regulations are few of the major challenges which will affect the growth of this industry in the future”, according to the Research Associate, Ken Research. Key Topics Covered in the Report: Electronic Security - Market Size by Revenue - Market Segmentation by o Market Structure o Products o End-Users - Trends and Development - SWOT - Export and Import - Competition and Market Share - Growth Drivers - Future Outlook - Analyst Recommendations - Macro Economic Parameters Key Products Mentioned in the Report Video Surveillance Systems Fire Alarm Systems Access Control Systems Intrusion detection Systems Companies Covered in the Report Hangzhou Hikvision Digital Technology Dahua Technology Zhejiang Uniview Technology Honeywell China Co. Ltd. Bosch (Shanghai) Security & Communications Systems Source: https://www.kenresearch.com/ Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 End
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