Turkey Electronic Security Market Outlook to 2021: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Middle East countries are oil rich countries and in the past few years have significantly diversified their economy to other sectors such as retail, hospitality and others. Growing expat population, tourists, investment in infrastructure, retail and hospitality sector were the key users of electronic security devices. Government and Industry were the major consumers of high end technologically advanced products which are generally sold at higher premium. In 2011 market was estimated at USD ~ million and increased to an estimated at USD ~ million in 2016 registering a five year CAGR of ~%. Rise in demand for facility management, improving government regulations, growing hospitality sector and improved banking/ATM penetration were the key sectors that lead the growth. Turkey was the largest market for electronic security devices and CCTV was the most demanded electronic security device in the Middle East region. Honeywell, Bosch, Axis Communication are the key companies operating in the Middle East region. Many Chinese companies such as Hikvision and Dahua which are very price competitive have also entered the Middle East market. System integrators and consultants play a very key role in the region as it is mandatory to have the equipments installed by government registered system integrators. Currently, no major company has manufacturing unit and setting up a manufacturing unit in Middle East will help in gaining more market as more products can be developed as per needs of local requirements. Role of Consultants and System Integrators The service consultants for electronic security products provide consulting on sourcing and installation of surveillance systems, access control systems, fire alarm/fire fighting systems, intruder alarm systems, and other security products. The role of security consultant initiates with assessing the security needs of client and presenting the findings (based upon the needs) to the client. The service consultant during this process ensures to maintain quality and service benchmark that has been promised. There are several companies in the domain which provides consulting services to different sectors in electronic security market. System integrators procure the hardware, software, and provide services to put the equipments together. Many times the consultants and vendors don’t have the required skills of manpower in the region to integrate the new technologies into existing infrastructure which is essential for business’s safety and security. System integrators are key partners to the manufacturing companies and vital training and development facilities are made available by these companies to system integrators as they are the key factor in installation and operation of electronic security devices. Insights and feedback from system integrators serve as major input to focus R&D activities. Turkey Electronic Security Market Size Turkey electronic security market was estimated at USD ~ million in 2011 which increased to USD ~ million in 2016 registering 5 year CAGR of ~%. Turkey is at the border of Europe, Africa and Asia and was a victim of terrorist attacks. Government increased investments in increasing surveillance expenditure on electronic security. Fire warning systems and intercom systems were Growth was mainly driven by IP-based video surveillance systems. Several large distributors began to dominate the local market. As opposed to the earlier distributors who use European manufacturers, these companies imported and distributed products mainly from Asian manufacturers making it more accessible and affordable to Turkish people. Turkey Electronic Security Market Segmentation CCTV video surveillance had market share of ~% in Turkey electronic surveillance market. Government bodies and public sector units were the major consumer of CCTV electronic surveillance. Majority of the modern installation opting for all new electronic security choose IP based CCTV cameras. Fire alarm system was the second largest segment generating revenue of USD ~ million. In 2016, Panasonic Fire Sensing Systems was introduced in Turkish market. Intrusion alert system provide security for homes and businesses ranging from burglar alarms to a range of security systems, including alarm control panels, keypads, sensors and central station receiving equipment used in security monitoring centers. Bosch Security Systems, Optex, Castlebank Security Solutions were some global intrusion alarm manufacturers selling their product in Turkey market. Access control devices generated revenue of USD ~ million accounting for ~% market share. Pin based locks are gaining momentum in domestic households. Integrated system with multiple access control was also very popular and was generally used as combination of card and pin based access control tools. Source:https://www.kenresearch.com/defense-and-security/security-devices/turkey-electronic-security-market/94374-16.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124- 4230204 www.kenresearch.com Tags: Abu Dhabi New Installation Security Devices, Access Control Future Outlook, Access Control Industry Growth TURKEY, Bosch Market Share TURKEY Electronic Security, CCTV Market Growth TURKEY, Competition Security Devices TURKEY, Dubai Building Automation Market, Dubai Security Devices Market, Fire Alarm System Market Trends, Intrusion Alarm Industry in TURKEY, Intrusion Alarm New Innovation in TURKEY, Investment in Security Devices in TURKEY, Market Outlook TURKEY Security, New Development Security Devices TURKEY, Security Market Growth TURKEY, Security Systems Competition in TURKEY, System Integrators Market TURKEY, TURKEY CCTV Market Future, TURKEY Electronic Security Market, Video Management System Market Growth TURKEY, Video Surveillance Market Size, Video Surveillance System Growth in TURKEY