Security

A Financial Storm Ahead? The Physical Security Industry Will Sail Through It

The Physical Security industry has performed well for the first 6 months of this year and we are bullish about the prospects of continued growth for the full year. ‚ However a financial cloud is gathering which is affecting confidence for world economic trading conditions. Debt problems in Europe look to be more serious than first thought 6 months ago, and now the impending cap on the US Federal budget deficit will probably constrain world growth prospects in 2012. These factors will affect buyer’s budgets in Europe and North America but it is anticipated that they will have less impact in Brazil, Russia, India and China where growth in demand for security products is currently much higher. ‚ There is only one solution to reducing the impact of these events or even nullify them; and that is continue with the innovation program of delivering more effective security systems at lower prices. This is the reason for the […]

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