A&S Security 50 Rankings Confirm Growing Chinese Market Share
Electronic security market continues to grow.
A&S Security 50, which ranks companies according to sales revenues, shows Chinese companies have a growing presence in the electronic security market.
Hikvision was Number 1 with sales of US$4.6 billion, up 29.2 per cent from $3.6 billion the year before. Bosch was Number 2, Dahua was Number 3 with revenues of $US2 billion, with ASSA ABLOY, Axis Communications, FLIR Systems, Johnson Controls/Tyco Security Products, Hanwha Techwin, Allegion and Aiphone rounding out the top 10.
Familiar faces included Avigilon at 12, Nedap at 14, Vivotek at 16, Milestone at 20, Optex at 21, Mobotix at 25, TVT, which is distributed locally by CSM was 27 on the list. Fermax was 28, GeoVision was 32, Geutebruck was 35, IndigoVision was 38, EverFocus was 41.
According to A&S, the companies that registered double-digit growth for the period included Hikvision, Dahua, Avigilon, Suprema, Milestone Systems, VIVOTEK, Fermax and Axis Communications.