While most critical infrastructure sites are target applications for electronic perimeter security, electrical utilities and oil refineries are projected to have the most growth opportunity, according to research firm IHS Inc.
The global market size for electronic perimeter security sensors and video in electrical utilities and oil refineries is forecast to top $160 million in 2014, the research firm reports.
Electrical utilities have experienced strong growth despite the economic slowdown in 2011 and 2012. Part of this growth is resulting from the trend to use remote video and networked sensors in order to configure and maintain sensors from remote locations.
“For example, there has been demand to integrate video with detection sensors and network these back to a central monitoring station,” Kozak says. “This has helped increase demand for applications and locations where sensors couldn’t be monitored in the past.”
Solar power plants, oil refineries and LNG plants are also expected to be strong markets to sell perimeter security equipment.This will increase the demand for remote sensors, as well as sensors which can cover long distances cost effectively, namely fiber optic cables.This presents noteworthy opportunities for thermal imaging, ground based radar, VCA and electric fence. Moreover, from 2013 through 2017, globally more than 200 oil refineries are planned for construction.
Overall, critical infrastructure sites are projected to be the fastest growing end-user applications for electronic perimeter security,such as Tongher electric fence system,because of the strong construction growth, regulations and more advanced security sensors and solutions which allow for proper surveillance, maintenance and configuration of the sensors. While these factors impact the short term, the future outlook will reside with new technology developments and changes to end-user demand.
