The Global Critical Infrastructure Protection Market Was Valued at More Than US$145 Bn in 2022

The growth in critical industrial protection is also due to the rise in industrial activities and the development of new industries in developing nations. The increased industrialization has led to an increase in the number of people employed in industry, which has in turn led to an increase in the demand for industrial protection. The development of new industries has also created new opportunities for industrial protection. In addition, the growth of the global economy has led to an increase in the number of companies operating in developing nations, which has also contributed to the growth of the industrial protection industry. According to the International Monetary Fund, Asia Pacific will remain the fastest-growing region in the world.

Strategic Initiatives taken by Leading Companies
In March 2022, Teltronic, selected by the Public Security Secretariat of Bahia (Brazil) for the deployment of a state-wide critical communications network that will serve almost 400 municipalities. Moreover, in Oct 2022, SightLogix launched a compelling new line of thermal-color detection cameras, specifically designed for the mainstream security market. The SightSensor TC4 is a dual-imager smart camera that combines the power of thermal detection with the power of visible color to detect targets with exceptional reliability over critical, industrial, and commercial perimeters.

The global critical infrastructure protection industry is highly fragmented in nature as large number of small and well-established companies are operating in this industry. Key companies operating in this industry are Lockheed Martin, BAE Systems, Raytheon, General Dynamics, Johnson Controls, Huawei, Northrop Grumman, Honeywell, Thales, Hexagon, Airbus, Axis Communications, Optasense, Sightlogic, and Teltronic. The above-mentioned company ranking is based on company revenue, employee base, sales region, geographical presence, and product portfolio.

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