Global situational awareness system market to top $168 billion by 2020, says research firm

Research and Markets has announced the addition of a new report, Global Situation Awareness System (Access Control, PSIM, HMI, Video Systems, CBRN) Market 2013-2020″ to its offerings.

“Global Situation Awareness System (Access Control, PSIM, HMI, Video Systems, CBRN) Market 2013-2020”

The global market is expected to grow at a CAGR of 10 percent, amounting to revenue of $168.25 billion by 2020, concluded the research firm.

The SAS market by product includes the different types of products which are becoming parts of situation awareness system. The different products are flood and fire alarm systems, CBRN, HMI, command and control system, access control, RFID, radar, sonar, PSIM and video systems.

The HMI is further segmented into helmet mounted displays and multi-function displays. Sonar is further segmented into active sonar and passive sonar. PSIM is further segmented into VMS, GIS and TAWS. Video systems are further segmented into FLIR cameras, analog cameras, HD multi-megapixel cameras, IP cameras, motion detectors, embedded video processor, video stabilizer and encoder, CCTV, DVR and NVR.

The total revenue of global situation awareness system market is expected to grow at an estimated CAGR of 10.13% from 2013 to 2020, Research and Markets forecasted in its report.