Jul
29th

(E-Business) Recent China Reports from i&i - Proplan - AutomatedBuildings.com (press release)

Placed in E-Business

The latest report on the China market for environmental control systems in buildings from i&i - Proplan shows that the market has grown at an average compound rate of 10% over the last four years. The latest report on the China market for electronic security systems from i & i - Proplan forecasts that it will become the largest market in the world when it overtakes North America in 2018 and will be double its size by 2030. The total electronic security systems market in 2006 was worth CNY13,248 million and of this the CCTV Video Surveillance market has not only maintained its position as the largest of the three markets, but its growth has far outstripped that of Access Control and Intruder Alarm. The latest report on the China market for fire detection and safety systems from i & i - Proplan forecasts that it will become the largest market in the world when it overtakes North America in 2033, but even then penetration will still only be some 25% of that recorded in developed western markets. read more

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