The Malaysia electronic security equipment market has
continued to evolve in the recent years through increasing awareness among
people about the usage of CCTV cameras and other related equipments to combat
increasing crime in the country. Various government regulations and initiatives
have also led to increase sales of electronic security equipments in the
marketplace. The entry of various players in the security equipment industry
has led to increased competition in the domestic market leading to price wars and
need for advanced electronic security equipments. Economic reforms in the
country are still underway along with legal, tax and regulatory developments
with the market requirements. The future potential of the Malaysian economy is
largely subject to such reforms and can alter the efficiency of the
government’s economic, financial and monetary policy.
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| Malaysia Electronic Security |
Video surveillance equipments segment is the dominating
segment in terms of total revenue contribution since 2008. The segment
contributed more than 40% of the total revenue in the year 2008. It will
continue to be the largest contributor in the electronic security equipments
over the years, growing at a CAGR of ~% during 2013-2018. The use of Video
surveillance equipments such as CCTV cameras is expected to increase over the
years. Government initiatives to increase the number of CCTVs in public places,
roads and others would spur the demand for this segment in the near future.
Growing demand for NVR, IP cameras for security of residential purpose would
also aid the market growth.
Video surveillance equipment would be closely followed by
biometrics systems in terms of revenue generation. However, with increasing
commercial, non residential projects in the country, the demand for Access
control systems would increase and will overtake the biometric system segment
in the year 2018.
“It is expected that the entry of international branded
players in Malaysia will increase competition in the domestic market and
consequently result in reducing the prices, thus proving beneficial for the end
users”, according to the Research Analyst, Ken Research.
The report
titled “Malaysia Electronic Security Equipment Industry Outlook to 2018 - Increasing
Demand for CCTV Cameras to Spur Growth” provides detailed overview on the Malaysia Electronic Security
Equipment Market. This report helps reader to identify the ongoing trends in
the industry and anticipated growth in future depending upon changing industry
dynamics in coming years. The report will help industry consultants, CCTV
distributors, electronic security equipments manufacturers, dealers to align
their market centric strategies according to ongoing and expected trends in the
future.
Key Topics Covered in the report:
·
Market Size of Malaysia Electronic Security
Equipment Market by Value, 2008-2013
·
Value Chain of Malaysia Electronic Security
Equipment Market
·
Market Segmentation of Malaysia Electronic
Security Equipment Market by Types of Equipments, 2008-2018
·
Market Segmentation of Malaysia Electronic
Security Equipment Market by Market Structure, 2008-2013
·
Trends and Developments in Malaysia Electronic
Security Equipment Market
·
Competitive Landscape of Major Players in
Malaysia Electronic Security Equipment Market
·
Future Outlook and Projections in Malaysia
Electronic Security Equipment Market, 2014-2018.
Browse & Download Report with TOC- http://www.kenresearch.com/networking-and-telecommunications/electronic-security-industry/malaysia-electronic-security-equipment-market-research-report/528-96.html
Contact Person- Ankur Gupta
Contact Email Id- ankur@kenresearch.com
