The security market was affected by the economic situation in 2015. However, the penetration of thermal products for security applications continues, and FLIR is seeing strong growth. The company saw the use of thermal imaging cameras continue to develop in perimeter security. End users and integrators are experiencing excellent results by combining high-quality thermal cameras with video analytics. The take up of thermal cameras is increasing for security applications as the industry recognises this technology as the best technical, all-around solution.
Looking ahead to 2016, there is a strong demand for companies offering security solutions. FLIR Systems is seen as a strong thermal expert in the security market, and the product offering will develop into areas beyond just thermal cameras. This demand will become stronger in time. The best placed companies will be the ones that offer total solutions. FLIR Systems offers a full line-up of video security cameras, recorders, and software.
High-quality analytics for thermal imaging cameras
FLIR Systems has achieved rapid growth in security applications in recent years. FLIR products meet the technical and commercial demands of the market, driving high demand with existing and new customers. The inclusion of high-quality analytics on board the camera will be a continuing trend in 2016 and beyond. FLIR combines industry-leading CCTV security cameras and DVR/NVRs along with cutting edge thermal security cameras for security and intrusion detection solutions with cameras that can see in visible, near-IR, and thermal.
The overall security market is increasing, driven by the need for increased security levels worldwide. While we see high demand, we also see considerable price pressure from many companies, particularly from Asia. We continue to drive efficiencies within the business and compete on a platform that offers high-quality products combined with a strong commercial position.
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