Increasing criminal/terrorist attacks and in-house as well as external unethical practices are expected to be key factors that drive the global intrusion detection system market. Growing trend towards home and office security system automation may also raise demand for detection system. Growing smartphone and tablet proliferation has resulted into increased mobility, which is also anticipated to catapult industry growth. Furthermore, rising disposable income in several developed and developing countries is also anticipated to be major factor driving demand.
The industrial security systems market was €25.8 billion in 2015 and is expected to reach €38 billion by 2020, growing at a CAGR of 8.69%. Basic alarms and detection systems are great when it comes to detecting a break-in, but preventing an intrusion before the actual break-in and damage incurred to the property is out of their scope, and it will soon be a must specifically in critical infrastructure segment. This is where the real advantage of perimeter security comes into play. With proper perimeter security, one can lay down ‘levels of defense’ around their property which cannot only detect intrusions but also be able to help prevent break-ins. Setting up these ‘levels of defense’ serves a dual purpose – a perfect counter mechanism to curb the attempts of thieves, and give ample time to both the owner and nearby residents (in personal properties) and security officials (in commercial and military installations) to take appropriate action. This is where Wardiam Perimeter system from Ontech comes into play. Wardiam Perimeter system can identify a threat precisely and preventively (It can detect a potential intrusion, even before it has occurred), initiates video tracking outside, through and inside the protected premises, Discriminative (It can discriminate between people and other objects or animals due to their different magnetic signature) and real time operation (sensor technology allows for that). Overall objective of the project is to develop a first prototype that will be tested at Ontech’s premises, followed by pilot testing and validation of prototype to scale up. This will be followed by commercialization of the product focusing on key markets in Europe’s critical infrastructure.