Market for electronic safety technology defies the crisis
The market for electronic security technology in Germany continued to grow in 2020. The Corona crisis affected the individual sectors differently, according to a report by the German Security Technology Association.
In Germany, too, the corona crisis affected the individual trades to varying degrees. However, the process of coming to terms with the effects of the Corona crisis is still ongoing. According to the BHE Bundesverband Sicherheitstechnik e.V. (Federal Association for Security Technology), the megatrends of digitization and networking in security technology have not affected the BHE and Zvei Elektroindustrie associations, but have even further promoted them. The market is developing primarily software-driven with networked products.
Different growth in different areas
Sales of fire alarm technology rose by 1.4 percent in 2020 to around 2.2 billion euros, with an increase of 4.3 percent to 386 million euros. Video systems saw the strongest growth with an increase of 7.1 percent to 650 million euros, according to the BHE's statement. The reasons for the growth are primarily due to the wide range of applications and the flexibility in the use of video security technologies.
Growth in voice alarm technologies was more subdued, with an increase of 114 million euros. Robbery and burglar alarm systems slipped into the red, with a decline of just under two percent to 870 million euros.
The remaining areas, such as smoke and heat exhaust ventilation systems (SHEVS), emergency exit systems, personal assistance call and other systems and components, amounted to below-average growth of 0.4 percent.
Source: BHE
