Press release
Electronic Access Control Systems Market Insights, Forecast to 2025: By Product, Application, Manufacturer, Sales and Segmentation
The main objective of this report is to define, describe, and forecast the global “Electronic Access Control Systems” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report presents the worldwide Electronic Access Control Systems market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
A basic EAC system consists of a reader, a controller, and an electric lock. Electronic access control is a security solution that gives you detailed control over the physical security of your business. Electronic access control systems allow you to restrict access to your facility based on guidelines you define. Limitations can be set on who, where and when.
The Electronic Access Control Systems industry has got a rapid development during the last few years, with the fast development of technology and research. The global total revenue of Electronic Access Control Systems is 14298.79 M USD in 2016. At the same time, as the development of the society and economy, more and more attention has been emphasis on importance of residential and commercial security, and more and more Electronic Access Control Systems has been used in big companies.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Electronic Access Control Systems raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Electronic Access Control Systems.
China is an important consumer of Electronic Access Control Systems; as the same time, the consumption of Electronic Access Control Systems in China grown gradually. But the backward technology and research limit the development of Electronic Access Control Systems. In the result, Electronic Access Control Systems in China was occupied by some foreign brands to some degree, such as Honeywell, ASSA Abloy, SIEMENS, TYCO, BOSCH Security, DDS.
The Electronic Access Control Systems market was valued at 16400 Million US$ in 2017 and is projected to reach 39400 Million US$ by 2025, at a CAGR of 11.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electronic Access Control Systems.
The following manufacturers are covered in this report:
Honeywell
ASSA Abloy
SIEMENS
TYCO
BOSCH Security
DDS
ADT LLC
Dorma
KABA Group
Schneider
Suprema
Southco
SALTO
Nortek Control
Panasonic
Millennium
Digital Monitoring Products
Gallagher
Allegion
Integrated
Electronic Access Control Systems Breakdown Data by Type
Card-based
Biometrics
Others
Electronic Access Control Systems Breakdown Data by Application
Homeland Security
Commercial
Industrial
Residential
Others
Electronic Access Control Systems Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Electronic Access Control Systems Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Electronic Access Control Systems status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Electronic Access Control Systems manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electronic Access Control Systems :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electronic Access Control Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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