Europe Perimeter Security Market Size & Outlook, 2022-2030
The perimeter security market in Europe is expected to reach a projected revenue of US$ 8,096.0 million by 2030. A compound annual growth rate of 5.5% is expected of Europe perimeter security market from 2023 to 2030.
Revenue, 2022 (US$M)
$5,264.4
Forecast, 2030 (US$M)
$8,096.0
CAGR, 2023 - 2030
5.5%
Report Coverage
Europe
Europe perimeter security market, 2017-2030 (US$M)
Related Markets
Europe perimeter security market highlights
- The Europe perimeter security market generated a revenue of USD 5,264.4 million in 2022.
- The market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, system was the largest revenue generating component in 2022.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 5,264.4 million |
| Market revenue in 2030 | USD 8,096.0 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | System |
| Fastest growing segment | Service |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System, Service |
| Key market players worldwide | Canon Inc, Barrier1, Optex Group Co Ltd, Honeywell International Inc, Johnson Controls International PLC, PureTech Health PLC, Senstar Technologies Corp, The Delta Companies |
Other key industry trends
- In terms of revenue, Europe region accounted for 9.5% of the global perimeter security market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,116.3 million by 2030.
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Perimeter Security Market Scope
Perimeter security market segmentation & scope
Others
Perimeter Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe perimeter security market size, by country, 2017-2030 (US$M)
Europe Perimeter Security Market Outlook Share, 2022 & 2030 (US$M)
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