Press release
Electronic Access Control Systems Market Worth US$ 31.2 Bn by 2019
Persistence Market Research Released New Market Report on “Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019,” the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.
Increasing crime and terror attacks demand high-end security. Need for better security systems to tackle fraudulence, illegal immigration, and criminal activity has propelled governments to invest in better security systems. Among which Electronic Access Control system stands apart from other security system. Rising terrorist attacks, vandalism, and violence in public places such as city centers, educational institutions have made security as one of the major concerns for every individual, organizations and government agencies. Advantages such as high accuracy, convenience, and time efficiency of Electronic Access Control (EAC) systems increase its attractiveness in the global security market. Rising terrorist attacks, vandalism, and violence in public places such as city centers and educational institutions are some of the factors leading to increasing demand for Electronic Access Control systems market. According to Study of Terrorism and Responses to Terrorism (START), one of the world’s top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high end security.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/2885
Increasing international trade and privatization have influenced the government and private sector to invest in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are expected to increase in the coming future increasing the demand for EAC system market in order to attain better security levels. Local and national government have instructed the private sector to invest in security systems for the prevention of population and property from illegal acts. Mobile device with advanced sensor technologies is currently generating a shift toward biometrics system. EAC system is bifurcated into three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system) and end-user segment (government, commercial, industrial and residential).
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/electronic-access-control-systems-market/toc
The EAC system market is fragmented with several players operating at a global or regional level, supplying EAC system products (authentication system, intruder alarm system and perimeter security system). Some of the companies operating globally and providing products under all three categories are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. There are companies which operate globally and provide products under two categories such as Safran SA (authentication and intruder alarm system), 3M Cogent, Inc. (authentication and perimeter security system), Panasonic Corporation (intruder alarm and perimeter security), and Honeywell International Inc. (authentication and intruder alarm). Some companies operate on the global level and provide only one EAC system product such as Siemens AG (authentication system), Hitachi Ltd. (intruder alarm), and Magal Security Systems Ltd. (perimeter security system).
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/2885
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Access Control Systems Market Worth US$ 31.2 Bn by 2019 here
News-ID: 413059 • Views: …
More Releases from Persistence Market Research
Algae-Based Animal Feed Market to Reach US$ 6,544.8 Mn by 2032, Driven by Rising …
Overview of the Market
The global algae-based animal feed market is witnessing significant growth as industries and consumers increasingly recognize the nutritional and sustainable advantages of algae as a feed ingredient. Valued at US$ 4,832.5 million in 2025, the market is forecast to reach US$ 6,544.8 million by 2032, expanding at a CAGR of 4.40% during the forecast period. Algae-based animal feed is gaining traction due to its high protein content,…
Global Traction Control System Market Poised for Robust Growth, Forecast to Hit …
The global traction control system market is poised for remarkable growth in the coming years. According to the latest findings from Persistence Market Research, the market is expected to reach US$ 22.41 billion by 2031, up from US$ 12.74 billion in 2024, representing a CAGR of 8.4% during the forecast period from 2024 to 2031. The market's expansion is largely driven by the increasing adoption of advanced vehicle safety technologies,…
Bauxite Market to Reach US$ 20.3 Bn by 2031 Fueled by Growing Demand in Aluminum …
➤ Overview of the Market
According to the latest study by Persistence Market Research, the global bauxite market is projected to expand from US$ 16.4 Bn in 2024 to US$ 20.3 Bn by 2031, reflecting a CAGR of 3.1% during the forecast period. The steady rise is attributed to increasing aluminum consumption across automotive, construction, and packaging sectors, as well as infrastructural development in emerging economies.
The bauxite market represents a cornerstone…
Data Mining Tools Industry Size Estimated at USD 1.23 Billion in 2025, Projected …
The global data mining tools market is projected to witness significant growth, expanding from US$ 1,232.7 million in 2025 to US$ 2,766.3 million by 2032, at a CAGR of 12.3% during the forecast period. Data mining tools have become indispensable in enabling organizations to extract actionable insights from massive datasets, uncover hidden patterns, and support advanced decision-making.
Enterprises across industries are embracing these tools as part of their digital transformation strategies,…
More Releases for EAC
EAC Systems Market to Surpass US$ 31.2 Billion in 2019
Persistence Market Research Released New Market Report on “Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019,” the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.
Increasing crime and terror attacks…
EAC System Market Will Amass $31.2 Billion by 2019
The EAC system market is fragmented with several players operating at a global or regional level, supplying EAC system products (authentication system, intruder alarm system and perimeter security system). Some of the companies operating globally and providing products under all three categories are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. There are companies which operate globally and provide products under two categories such as…
EAC Systems Market Worth $31.2 Billion in 2019 : PMR
The global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.
Increasing crime and terror attacks demand high-end security. Need for better security systems to tackle fraudulence, illegal immigration, and criminal activity has propelled governments to invest in better security systems.…
EAC Systems Market Growing at 12.6% CAGR by 2019
The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest…
Achieving EAC Certification
Exporters of electrical and electronic products to member-states of the Eurasian Economic Union (EAEU) must meet new technical regulations (TR) known as either TR CU, or TR EAC. SGS is helping organizations to achieve EAC Certification.
The Customs Union (CU) of the EAEU (which includes Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan) was formed in 2010. It is now harmonizing existing national standards (GOST-R, TR Russian Federation, ST-B (BLR) and GOST-K) for…
EAC Network Receives $50,000 from Newsday Charities
Newsday Charities, a McCormick Foundation Fund presented EAC Network's Long Island Parenting Institute (LIPI) with a $50,000 grant.
Paul Fleishman, Vice President of Public Affairs, and Dale Cole, Community Affairs Project Manager, both of Newsday, toured the LIPI facility in Central Islip on January 10th to learn more about the intricacies of parenting education.
Children who are abused or neglected are at a greater risk for low self-esteem, increased aggression, and…
