Industry Overview - The global video surveillance market is projected to grow from approximately $73.75 billion in 2024 to $147.66 billion by 2030, with a compound annual growth rate (CAGR) of 12.1% from 2025 to 2030 [2] - The U.S. physical security market is expected to reach $56.81 billion by 2030, growing at a CAGR of 5.5% from 2025 to 2030 [3] - By 2025, over 85 million security cameras are expected to be installed across various settings in the U.S., with Atlanta having the highest camera density at approximately 124.14 cameras per 1,000 persons [4] Company Insights MSA Safety Incorporated (NYSE:MSA) - MSA Safety reported Q4 net sales of $511 million, a 2% increase on a GAAP basis but a 3% decrease organically, attributed to delays in the fire service business [13] - For the full year 2025, MSA recorded net sales of $1.9 billion, with 1% organic growth and 4% GAAP growth; GAAP EPS was $7.09, while adjusted EPS was $7.93 [14] - The company is recognized for its safety, detection, and security solutions, including video surveillance and protective equipment, serving industrial and security markets [15] OSI Systems, Inc. (NASDAQ:OSIS) - OSI Systems reported that its Itemiser 4DX and Itemiser 5X trace detection systems received approval from ECAC/EU G1, meeting stringent European airline security regulations [17][18] - These technologies are utilized by international aviation security agencies to enhance traveler safety and assist with law enforcement and border control [19] - OSI Systems focuses on advanced technologies for video surveillance, access control, and security solutions across public and private sectors [20]