Security industry was able to make gains

Compared to 2019, the security industry was able to increase by a good 13 million Swiss francs. Nevertheless, there were again a few drops of bitterness in 2020.

Security Industry
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The security industry confirms the three-quarter billion despite the Corona crisis. As a survey conducted by the association SES (Swiss Installers of Security Systems) shows.
industry statistics for 2020, the upswing is continuing despite Covid-19-related influences. Compared to 2019, the industry was able to increase by a further 13 million. This growth of almost two percent is particularly impressive in the current difficult market environment.

Nevertheless, there are again a few downers in 2020. It is noticeable that the Security section (EMA, VS, AC) again closed with negative signs in all areas. Price erosion on the one hand and the centralization and consolidation of bank branches, for example, contributed to the renewed decline. Fortunately, the Fire section (BMA, NLA, TLA, GWA, SAA) was able to follow the upward trend that has been ongoing since 2017 and recorded an overall increase of over four percent.

Source: SES

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