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Boosting Europe's security industry
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Published on 30-07-12

Plans to establish an EU-wide harmonised certification system for airport screening equipment and for alarm systems are amongst a number of proposals outlined in an action plan published by the European Commission today aimed at boosting Europe's security industry.

    Boosting Europe's security industry

    The proposals are intended to establish a better functioning internal market for security technologies and empower the industry – one of the sectors with the greatest potential for growth and employment in the EU - to stay in Europe and continue producing high quality security products. 

    European companies are still among the world leaders in the majority of the security sector's market segments, but recent market forecasts indicate the market shares of European companies in the global market are bound to decrease over the next few years.  Industry forecasts and independent studies predict the current market share of EU companies could drop by one fifth - from around 25 per cent of the world market in 2010, to 20 per cent in 2020 - if no action is launched to enhance competitiveness of the EU security industry.

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    Last update: 30/07/2012  |Top