IMS Research’s latest forecasts on the world market for intruder alarms show that the global market was estimated to be worth $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%.
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.
Wireless Intruder Alarms to More Than Double by 2009
August 1, 2006