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2017 Top 50 Global Security: Chinese Enterprises Lead the Global Security Market
- May 12, 2018 -


In 2017, a&s “Global Security Top 50” ranking and survey report have been released. This ranking was ranked by a&s editorial team for its 2016 listed security product sales revenue for listed companies with strong influence in the global security industry. This year's ranking of “Top 50 Global Security Companies” reveals the industry trend: Under the new threat of terrorism, the security market is still growing. Hikvision and Dahua share continued to hold the top list of “Global Security Top 50”, and they only showed brighter revenue growth than ever before. At the same time, the industry has also witnessed a number of Chinese SMEs that are seeking to share market opportunities. This has caused Western brands to shift their focus to certain government projects and niche industries to ensure continued profitability. In general, it can be said that the era of China’s leading security field is approaching, and this trend is irreversible in the near future.

 

The “Global Top 50 Security Reports” will comprehensively interpret the physical security industry from three parts: market analysis in 2016 and 2017, the market monitoring agency Memoori’s 2017 physical security market report, and 2017 and 2018 technology trends.

 

 

Although the companies on the top list of this year's “Global Security Top 50” list are almost the same as last year, there are a few things to note: Hikvision’s 2016 revenue reached a staggering $4.6 billion, ranking again one. This figure is 29.2% higher than last year's $3.6 billion. Dahua shares jumped from 4th place to 3rd place this year. The 2016 revenue was 2billion U.S. dollars, an increase of 32.3% compared with 2015's 1.5 billion U.S. dollars. However, it is expected that Dahua will soon leap to the second place on the "Global Security Top 50" list. The time when these two Chinese companies lead the global security market has arrived.

 

In addition, it is worth noting that this year’s “Global Security 50” list also saw a group of Chinese companies that are trying to seize the market. Including Tiandi Technologies (11), Kedacom (22), Tongji (TVT Digital Technology, 27), Wanjiaan Interconnected Technology (29) and Zeno Technology (Zeno) Technology (Videopark), 36).

 

In other major security companies, Bosch, which was ranked third last year, took second place this year. The fourth to tenth places are ASSA ABLOY, AXIS, FLIR Systems, Johnson Controls/Tyco Security Products, and Hanwha. Techwin (Hanwha Techwin), Allegion and Aiphone. It is worth noting that Hanwha Techwin returned to the “Global Security Top 50” this year. In 2016, the company’s revenue was US$600 million, an increase of 2.4% over 2015. At the same time, two companies that have long been ranked in the forefront of the “Global Security Top 50” disappeared this year. One is Honeywell, and the other is Safran Identity & Security (Morpho), which has already been sold to Oberthur Technologies. The OT-Morpho Group has become the new private company IDEMIA.