2020 3D Virtual Fence Market Forecast Analysis by Trends, Major Companies Analysis, Growth Rate by Regions, Company Overview till 2024

3D Virtual Fence

The “3D Virtual Fence Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. 3D Virtual Fence market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. 3D Virtual Fence market report also includes new upcoming technology of 3D Virtual Fence Industry that will help to our clients.

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Market Overview:

  • The global 3D virtual fence market is expected to register a CAGR of 38.7% during the forecast period (2019 – 2024). Current trends in refurbishing borders suggest their transformation towards flexible, sophisticated and mobile devices capable of tracking, filtration, and exclusion.
  • – Increasing risk of terrorism and infiltration is the major market growth driver. For instance, in April 2019, the US declared Maulana Masood Azhar as a global terrorist after the terror attack on CRPF convoy in Pulwama district of Kashmir. The US also declared Iran force as a foreign terrorist organization. This points towards the increasing terrorist threat towards the world.
  • – There have also been government regulations regarding perimeter security. The US government agency called FEMA provides funds to eligible applicants for the installation of perimeter security enhancements that protect employees, visitors, and building functions and services from outside threats. In the UK, the government developed PAS 68, a Publicly Available Specification for vehicle security barriers, developed in partnership with perimeter security manufacturers. It has become the UK’s standard and the security industry’s benchmark for hostile vehicle mitigation (HVM) equipment.
  • – However, high maintenance and restoration costs are the factors which hinder the installation of 3D virtual fences. The US Department of Homeland Security canceled a project to build a virtual fence on the Southwest border, between the USA and Mexico because the project cost escalated from an initial USD 67 million to a final USD 1 billion (albeit for a longer virtual fence).

    3D Virtual Fence Market Covers Key Players:

  • Controp Precision Technologies, Ltd
  • G&A Surveillance
  • Huper Laboratories Co. Ltd
  • Rbtec Perimeter Security Systems
  • Senstar Corporation
  • Schneider Electric
  • Tyco International, PLC
  • Anixter International, Inc.

    Some Major Points Covered in 3D Virtual Fence Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • The main purpose of a 3D virtual fence is to manipulate human’s or animal’s ‘landscape of fear to create areas which are perceived to be scarier than others. This is achieved by simulating the presence of scary or unpleasant events, such as alarm, distress, etc. There has been increasing the use of 3D Virtual Cameras and 3D Video Motion Detection System in various security strategies. Verticals like Livestock Industry, BFSI and Defence are the major users of this technology.

    Key Market Trends:

    Security Sector to Drive the Market Growth

    – There has been an increasing need for perimeter security due to a growing number of terrorist attacks. One of the countries affected by terrorism, India launched the “Smart Fence” Project along the Indo-Pak border in 2018, which includes installing sensors, radars, day and night vision cameras
    – Sweden also introduced terrorist-proof digital geo-fencing, due to the growing threat of radical terrorism and organized crime. The new generation of sensors being used in the pilot project is capable of picking up and identifying the location of sounds, such as gunshots, explosions and breaking glass, and reporting them to central police monitoring stations in real time.
    – Moreover, attacks like Ester bombings in Sri Lanka in 2019 and open gunfire at Christmas market in Strasbourg, France in 2018 indicate that new faces of terrorism are surfacing, which require advanced technologies for tackling them thereby driving the need for the smart and virtual fence.

    Asia-Pacific to Witness the Highest Growth

    – According to the Australian Strategic Policy Institute, while global deaths from terrorism fell by 27% in 2018, they rose by 30% in the Asia-Pacific. The increase has been centered in three countries: the Philippines, Myanmar, and Thailand have together experienced nearly 4,000 attacks over the past five years.
    – This rise has broadly corresponded with the expansion of transnational terrorist franchises, such as al-Qaeda and Islamic State, into the region.
    – The involvement of absolutist religious elements makes these groups difficult to eliminate. Therefore, the countries in the region are significantly investing in the border and country security.

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    Detailed TOC of 3D Virtual Fence Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Risk of Terrorism and Infiltration is the Major Market Growth Driver
    4.3.2 Government Regulations Regarding Perimeter Security is Expanding the Market
    4.4 Market Restraints
    4.4.1 High installation and Maintenance Cost is Hindering the Market Growth
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 3D Video Motion Detection System
    5.1.2 3D Virtual Cameras
    5.2 By End-user Industry
    5.2.1 Logistics
    5.2.1.1 Warehouse Logistics
    5.2.1.2 Transportation Based Logistics
    5.2.2 Agriculture
    5.2.3 Banking
    5.2.4 Security
    5.2.5 Construction
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Controp Precision Technologies, Ltd
    6.1.2 G&A Surveillance
    6.1.3 Huper Laboratories Co. Ltd
    6.1.4 Rbtec Perimeter Security Systems
    6.1.5 Senstar Corporation
    6.1.6 Schneider Electric
    6.1.7 Tyco International, PLC
    6.1.8 Anixter International, Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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