The UK market for alarms and systems will increase by 2 per cent to £2783m during the current year, according to the latest industry report.

MBD’s UK Security Equipment Market Development Report, also predicts that that growth of rental income is stronger than growth in sales-only.

The report predicts the market for alarms and systems is forecast to increase by 5 per cent in real terms between now and 2010, with further growth "expected to be hindered by increased price competition" and sectors reaching a level of maturity.

"Income derived from the intruder alarm sector is expected to decline in real terms over the period up to 2010," the report says. By 2010, the value of this sector is projected to £691 at current prices, equivalent to a decline of 9 per cent in real terms.

Conversely, the CCTV sector is expected to grow by 9 per cent in the same period, with the report claiming the strongest growth potential expected in digital and IP-enabled systems.

Income in the access control sector is expected to increase, with demand for systems up by 13 per cent by 2010, and the integrated systems sector is expected to grow by 10 per cent.

Source

Security Installer