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Saudi Arabia Local time: 10:21 PM

SECURITY AND SAFETY EQUIPMENT (SEC)

Overview                                                                                          

Saudi Arabia has become one of the world’s fastest growing single market for security equipment and technology.  Safety concerns in Saudi Arabia have fueled a rapid expansion of market for security equipment and services.  The terrorist attacks in the past few years have forced many institutions, companies and industries to re-evaluate their security needs.  The market has grown astronomically by an estimated 40 percent in 2005 and expected to remain buoyant in 2006 and beyond.

Best Prospects/Services                                                            

Good potential exists for various equipment and systems across the board, but mainly, for access control, identification equipment, closed circuit television, surveillance and scanning equipment.  End-users are becoming more sophisticated about using security products, both on a personal and corporate level.  As such, the demand for new technologies and enhancements to existing systems is increasing in line with allocated expenditures for these systems and services.

For more information please contact:

Ahmed Khayyat at ahmed.khayyat@N0SPAM.mail.doc.gov in Riyadh
Yousef Daqqaq at yousef.daqqaq@N0SPAM.mail.doc.gov in Jeddah
Ishtiaq Hussain at ishtiaq.hussain@N0SPAM.mail.doc.gov in Dhaharan