Electronic Access Control System Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022
Request Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=287
A recently published report reveals that the global access control systems market is expected to represent a value of over US$ 24,000 Mn by the end of 2022.
The electronic access control systems continues to witness significant demand attributed to its data tracking features. The access control systems tracks and records all the data related to the end users, which can later be used for identification in case of theft or for later reviews.
Significant Demand in Commercial Industry
Growing demand for security systems in the commercial buildings is expected to impact growth of the global electronic access control systems market positively. Increasing investments by tenants, property managers, and stakeholders has revved up demand for the electronic access control systems in the commercial building. This has led to a surge in demand for keeping the property safe from loiterers, fire, theft, vandalism, and other risks. Moreover, surge in the number of faculty members, and visitors is also expected to contribute towards growth of the global market.
Government Organizations to Fuel Market Growth
Adoption of electronic access control systems is also expected to expand in the government organizations. Attributed to increasing need for securing the projects initiated by several government organizations, adoption of electronic access control systems is likely to remain high. Moreover, increasing demand for securing the government officials is further expected to impact growth of the global electronic access control systems market. Several government organizations also include the research and development section to support the initiated projects. Surge in need for securing these government institutes is further expected to fuel demand for electronic access control systems globally.
Browse Full Report with TOC- https://www.factmr.com/report/287/electronic-access-control-system-market
Considerable Demand in the Healthcare Industry
Growing need for security in the healthcare industry is expected to fuel growth of the global electronic access control systems market. As the need for secure boundaries in the hospitals increase, demand for electronic access control system is further expected to rev up. Moreover, hospitals continue to witness increasing demand for electronic access control systems in order to keep the patients undergoing treatment secure. In addition, surge in need for security of doctors and the staff members is also expected to contribute towards growth of the global electronic access control systems market positively. Further, growing demand for securing the medical equipment, and facilities for various treatment procedure is also expected to fuel growth of the global market during the forecast period.
Card-Based Technology to Represent a Dominant Segment
With increasing demand for residential security, adoption of card-based security systems is expected to rev up. Card-based technology is expected to witness the highest revenue growth, accounting for a value of over US$ 2,600 Mn by the end of 2022. However, biometric as compared to other technologies is expected to register the highest CAGR in the global market throughout 2022.
Demand for the electronic access control systems is expected to be high in the commercial & industrial sector as compared to other end users. The commercial & industrial sector is expected to witness the highest revenue growth, recording a value of over US$ 2,000 Mn by the end of 2017. However, government & defense sector is expected to register the highest CAGR in the global market throughout 2022.
Leading market players operating in the global electronic control system market include Siemens AG, Cisco Systems, Inc, Robert Bosch GmbH, Honeywell International Inc, Schneider Electric SE, Panasonic Corporation, Johnson Controls International plc, Fujitsu Limited, ASSA ABLOY AB, and Ingersoll-Rand Plc.
Check Discount- https://www.factmr.com/connectus/sample?flag=D&rep_id=287
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
27 Upper Pembroke Street,
Dublin 2, Ireland
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Electronic Access Control System Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022 here
News-ID: 876922 • Views: 229
More Releases from Fact.MR
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
More Releases for Electronic
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine
Electronic Recycling Market - Increasing Consumption of Electronic Devices
In a report published recently, Transparency Market Research (TMR) provides insights into the growth drivers and restraints impacting the global electronic recycling market. The report is titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and is available on the company website for sale. Based on the findings of the survey conducted, the report pegs the global market for electronic recycling market
Electronic Security Market
Electronic security consists of all the systems that use electronic devices and embedded technology to enhance safety measures and protect human life and physical assets. Electronic security systems are also used in business operations to protect confidential business data and to track unauthorised access to business related information and assets. Rise in urbanisation has led to development of smart cities, which has resulted in adoption of security systems as they
Global Electronic Pipettes Market 2015, Electronic Pipettes Market Growth, Elect …
9D Research Group has recently announced the addition of new report "Electronic Pipettes Market 2016 - Global Industry Size, Trends, Growth, Share, Opportunities and Forecast by 2020" to their offering. Global Electronic Pipettes Industry 2016 Market Research Report was a professional and depth research report on Global Electronic Pipettes industry that you would know the world's major regional market conditions of Electronic Pipettes industry, the main region including North American, Europe
Usability & Electronic Health Records
Recent research on electronic health record (EHR) adoption has reported that among the top barriers to adoption, usability concerns equal those of security, privacy and system-integration. User Centric, a user experience research and design firm based in Chicago, is a thought leader in how to ensure EHRs are evaluated for usability. As part of a free webinar series, Managing Director Robert Schumacher, Ph.D., will present “Usability & Electronic Health Records”