This week in our Fire & Security industry news round-up we cover a growth in fire suppression market, keyless electronic locking startups driving the growth of access control market, how cyber crime is changing the face of policing & more…
Keyless electronic locking startups are driving the access control market growth
Over the past three years, acquisitions, investments and partnerships in keyless electronic locking startups have reinforced the growth of the digital locking segment in electronic access control solutions for both residential and non-residential buildings. Over the same timeframe, the major security solution providers have faced competitive pressure from a wave of smart building startups, and in response to the potential disruption, have increased their investments in innovation through a variety of ways including acquisitions, in-house R&D, early stage incubator programs, strategic partnerships and startup funding.
Fire suppression market expected to hit $29.13 billion by 2023
According to the latest research by Marketsandmarket, the fire suppression market is estimated to be worth $22.97 billion in 2018 and is projected to reach $29.13 billion by 2023, at a CAGR of 4.87% between 2018 and 2023. Key factors driving the fire suppression market growth are technological advancements and innovations in the construction industry; increasing policies, regulations, and government mandates; and increased damage to human life and property due to fire breakouts. In terms of industrial sectors, the oil & gas and mining is forecast to hold the largest share of fire suppression market between 2018 and 2023.
(Security World Market, 26/07/2018)
Campaigners call on the government to set up building safety fund
Fire door campaigners are urging the government to set up a building safety fund to finance fire safety improvements in local authority and housing association accommodation. A survey conducted by Inside Housing of 31 local councils whose tower blocks failed fire safety checks found that none had received any financial assistance from central government to carry out work. “We know that the necessary corrective actions will cost and that is why we are asking the government set up a building safety fund for housing associations and local authorities to carry out replacement and repair works. Finance should not be used as an excuse. The stakes are too high.”
(IFSEC Global, 23/07/2018)
Cyber crime is changing the face of policing
Policing may need to consider a re-balancing away from the traditional approach and invest more in research and innovative technology if it is to keep pace with cybercriminals says Gloucestershire Police assistant chief constable Richard Berry, National Police Chiefs’ Council lead for communications data. “Organisations and leaders must be agile,” he said. “Organisations thrive on stability and not upsetting the status quo, but to move with constant technological advancement how can we embed disruption in policing to keep people safe. Demand for data-centric investigation will rise in policing. Will the police have the people, skills and knowledge to keep pace?
(IFSEC Global, 25/07/2018)
A new approach to crime prevention
A university professor plans to study if better buildings and more sympathetic spaces can prevent people from turning to crime. Her research fields has been Crime Prevention through Environmental Design (CPTED), which has set out how buildings and the spaces between them can experience varying levels of crime based on their design, build and management. Crime Prevention Through Pro-Social Design recognises that the offender is very likely to be part of our community and that perhaps enhancing an offender’s emotional or moral attachment to an area may reduce their desire or inclination to commit crimes within the community.
(Professional Security Magazine, 26/07/2018)
Our weekly fire and security news round-up regularly feature supplier news, product launches, events, our own articles, and much more. Check back each week to catch up on the industry news affecting the fire & security sector collated by our team of fire & security recruiters.
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