MarkWide Research

Sale!

Electronic Access Control Systems Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: August, 2022
No of Pages: 153
Delivery Format: PDF + Excel

$2,950.00

Electronic Access Control Systems Market Synopsis

The electronic access control systems market size is expected to grow by 8.53%. This exceptional technology can use electromechanical hardware for restricted private access. Today, the number of data threats and terror attacks is constantly rising. The electronic access control can offer high-end security to many systems. There are plenty of benefits of electronic access control in any organization. It increases efficiency, convenience, and high accuracy is the benefits of this system. The worldwide government organization is raising their investments for security solutions. The growth of these facilities in government organizations will bring favourable changes in the electronic access control systems market. The overall market revenue of the market will improve in the forecast period. 

The electronics access control comes with the biometrics feature. The use of biometric is prevalent in various industries. Authentication, identification, and advanced security are various applications of the system. Also, higher adoption of this security system will positively impact the market growth. In the upcoming years, the expansion of electronics access control will be massive in the defense sector. Also, the overall electronic access control systems market value is projected to reach USD 13.3 billion by 2023. 

Electronic Access Control Systems Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

COVID ANALYSIS 

The outbreak of Covid is affecting the operations of the industry. The pandemic is bringing unexpected changes in the electronic access control systems market. Demand for the technology is decreasing from 2020. Due to the Covid, deployment of the system is difficult. The adoption rate is constantly declining. Many offices choose the work from home to carry out their organizational tasks.

It is declining the demand for this system in enterprises. The less demand from the key end-user is declining the production of electronic access control systems. However, the demand for the system in the healthcare sector is rising in this period. The patients are flooding in hospitals for Covid treatment. It is raising the security solution health industries. During this period, the demand from this sector sustains the electronic access control systems market growth. In the upcoming years, the adoption of electronic access control systems is accepted to be immense. 

Market Dynamics 

  • Crucial Market Drivers 

The growing security concerns in many organizations are a crucial driver for the electronic access control systems market. Theft breaches and break-ins are the crimes that are prevalent in commercial and residential areas. Due to this, the need for advanced security systems is rising. The convenience of the electronic access systems leads to high adoption. It is an exceptional security solution suitable for many purposes.

The installation of the EACS Market will steadily grow in the upcoming years. In the next few years, the crime rate is expected to be more. Through electronic access, providing a safe environment is possible for individuals. Inside a premise, only authorized and private access is attainable through Modern access control systems.

Furthermore, the growth of public violence, vandalism, and terror attacks is another driver for the electronic access control systems market. Today, the terror threats in public areas and educational institutions are high. To prevent such crimes, the deployment of electronic access control is happening rapidly. In several public buildings such as offices, healthcare buildings, and residences, the security level is enhanced through this system. The wide range of demand for this security solution will ultimately increase this market’s supply and profitability rate.

  • Market Growth Opportunities 

The technological enhancements in the electronic access control systems market will lead to wider growth opportunities. The technical improvements product efficiency, security solutions, and performance increase. Especially, the electronic access control systems market research will be high. Also, the intruder alarm, authentication system, and perimeter security systems will have higher demand. The various technical developments in the electronic access control systems market will attract end-users from different verticals. The launch of more features and different systems will lead to promising growth.

Also, the security needs of the market are extended for higher and advanced safety. The growing need to restrict the individual’s premise access will lead to comprehensive security in the system. Especially, the government organizations and facilities require ultimate security. Limiting any unauthorized access is highly important. Due to the various requests of the end-users, the extended security systems will have more adoption. All these growth opportunities will increase the revenue rates.

  • The Market Restraints 

The electronics access control is a high-end system with advanced features. Operating this system requires the assistance of experts. Unlike any traditional security system, it has wireless components and intelligent software. The lack of personnel in any organization to operate this technology is a market restraint. The resistance of the electronic access control is completely external. However, this restraint can affect the demand and adoption rate of the technology.

Training individuals and deploying security experts in any organization can mitigate this problem. However, in the upcoming years, the persistence of this problem can decline the demand for the electronic access control systems market. The access control system has an alarm, identification, biometrics, and much more variations. Controlling and managing all these aspects requires specialization. However, the inadequacy of experts to operate the system is a retaining factor.

  • The Market Challenge 

The high installation cost is a challenging factor for the electronic access control systems market. The electronic access control system installation process is complex. Establishing new doors, gates, cards, and biometric systems on every building floor is the procedure to install the system.

Also, a centralized system controls all the doors and any accessible path in the building. Further, integrating software, taking control and managing any unauthorized access is much more involved in installing the system. Thus, proper installation is an essential procedure in this market. However, the high installation cost hampers the electronic access control systems market growth in the forecast period.

  • Cumulative Growth Analysis 

The Electronic Access Control Systems Market Trends is substantial in the forecast period. There are factors such as growing security concerns and rising public violence that is increasing the demand. The adoption of the electronic access control system is expected to be massive in many regions.

The Asia Pacific and North American will have exceptional adoption of this system in the forecast period. However, the high installation cost is a factor restricting the market growth. The key players of the market are taking cost-reducing measures in upcoming years. Also, with the technological improvements, the electronic access control systems market growth will remain stable.

  • Value Chain Analysis 

North America holds the highest Electronic Access Control Systems Market Share. It is a region with the highest demand for security solutions. In most residential, commercial, and other crucial buildings, the system’s adoption is high. Especially, the government and healthcare facilities have a high demand for electronic access control. The national security thefts are higher in this region.

Therefore, restricting the unauthentic entry into premises is essential. The electronic access control systems market has higher investments in North America. The key players of the market are making plenty of developments in the overall electronic access control systems market. Technical improvements and comprehensive security solutions will increase the demand for end users. Also, it is a region that has high revenue rates in the forecast period.

Segment Overview 

By Component 

  • Controllers
  • Biometric reader
  • Electronic controllers
  • Card-based reader
  • Multi-technology reader

By End-User 

  • Industrial
  • Healthcare
  • Commercial space
  • Education
  • Residential
  • Government

By Geography 

  • Asia pacific
  • North America
  • Europe

Competitive Landscape 

Competition in the electronic access control systems market is severe. The rising competition among key players will be high in terms of technology and system cost. Many key players are taking cost-reducing measures that lead to price compatibleness. Expansion, acquisition, and part ships will be high in the competitive landscape.

Regional Analysis 

The electronic access control systems market is fragmented into the Asia Pacific, Europe, and North America region. North America will continue its dominance with the highest number of shares. The rising investment in the region will lead to high technological developments.

Further, Asia Pacific is a crucial regional player in the electronic access control system. The fastest growth rate is witnessed in Asia pacific. It is a region with high scope for the expansion of security solutions. The need for access control is high in residential buildings and the healthcare industry. Europe will have moderate demand with more adoption rate in upcoming years.

The key players of the electronic access control systems market are 

  1. Panasonic Corporation
  2. Bosch Security Systems
  3. United Technologies Corporation
  4. Honeywell International Inc
  5. Johnson Controls
  6. Cisco Systems
  7. Godrej Consumer Product Limited
  8. Tyco International Ltd
  9. Siemens AG

Recent Developments 

  1. The key players in the US are witnessing high demand from the defense sector for the electronic access control system. The key players are launching new-gen security solutions for the sector in the forecast period. 
  1. Europe is establishing many part ships that will lead to plenty of market developments. 

Market Overview

  1. Market overview highlights
  2. Analysis based upon COVID 19
  3. Explanation upon the Market Dynamics
  4. Value chain analysis
  5. Market segmentation overview
  6. The regional analysis
  7. Competitive landscape analysis
  8. Recent Developments

 

Report Scope:
Report Attribute/MetricDetails
  Market Size  USD 13.3 Billion
  CAGR  8.53%
  Base Year  2019
  Forecast Period  2020-2027
  Historical Data  2018
  Forecast Units  Value (USD Million)
  Report Coverage  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered  Component, Vertical
  Geographies Covered  North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors  ASSA ABLOY AB (Sweden), Johnson Controls International plc (Ireland), dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Honeywell Security Group (US), Identiv, Inc. (US), Nedap N.V.(Netherlands), Suprema HQ Inc. (South Korea), Bosch Security Systems Inc. (US), Gemalto N.V. (Netherlands)., NEC Corporation (Japan), IDEMIA (France), Salto Systems (Spain), Axis Communications (Sweden), Lenel Systems International (US), Time and Data Systems International (UK), AMAG Technology (US), Gunnebo (Sweden), Gallagher Group (New Zealand), Napco security Technologies (US), Kisi Inc. (US), Cansec Systems (Canada), Vanderbilt Industries (US), Adman Technologies (India), and Brivo, Inc. (US)
  Key Market Opportunities
  • The rising demand for more reliable types of access control systems & devices that can offer improved identification and authentication process.
  • Increasing adoption of physical access control systems in sectors such as military & defense, government, and healthcare increases.
  Key Market Drivers
  • Rising security concerns rise in crime rates.
  • Growing need to limit individual premise access.

Table of content

 Executive Summary

1.1 Market Attractiveness Analysis

1.2 Global Electronic Access Control Systems Market, By Component

1.3 Global Electronic Access Control Systems Market, By Vertical

1.4 Global Electronic Access Control Systems Market, By Region

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 Market Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

3.6 List Of Assumptions

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Technological Trends

5.7 Regulatory Landscape / Standards

6 Market Factor Analysis

6.1 Supply/Value Chain Analysis

6.1.1 R&D

6.1.2 Manufacturing

6.1.3 Distribution & Sales

6.1.4 Post-Sales Monitoring

6.2 Porter’s Five Forces Model

6.2.1 Threat Of New Entrants

6.2.2 Bargaining Power Of Suppliers

6.2.3 Bargaining Power Of Buyers

6.2.4 Threat Of Substitutes

6.2.5 Intensity Of Rivalry

7 Global Electronic Access Control Systems Market, By Component

7.1 Overview

7.2 Biometrics Reader

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, By Region/Country, 2020–2027

7.3 Card-Based Reader

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, By Region/Country, 2020–2027

7.4 Multi-Technology Readers

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, By Region/Country, 2020–2027

7.5 Electronic Locks

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, By Region/Country, 2020–2027

7.6 Controllers

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8 Global Electronic Access Control Systems Market, By Vertical

8.1 Overview

8.2 Commercial Spaces

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.3 Military & Defense

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.4 Government

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.5 Residential

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.6 Education

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.7 Healthcare

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.8 Industrial

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast, By Region/Country, 2020–2027

8.9 Others

8.9.1 Market Estimates & Forecast, 2020–2027

8.9.2 Market Estimates & Forecast, By Region/Country, 2020–2027

9 Electronic Access Control Systems Market, By Region

9.1 Overview

9.2 North America

9.2.1 Market Estimates & Forecast, By Country, 2020–2027

9.2.2 Market Estimates & Forecast, By Component, 2020–2027

9.2.3 Market Estimates & Forecast, By Vertical, 2020–2027

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, By Component, 2020–2027

9.2.4.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, By Component, 2020–2027

9.2.5.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.2.6 Mexico

9.2.6.1 Market Estimates & Forecast, By Component, 2020–2027

9.2.6.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, By Country, 2020–2027

9.3.2 Market Estimates & Forecast, By Component, 2020–2027

9.3.3 Market Estimates & Forecast, By Vertical, 2020–2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, By Component, 2020–2027

9.3.4.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.3.5 UK

9.3.5.1 Market Estimates & Forecast, By Component, 2020–2027

9.3.5.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, By Component, 2020–2027

9.3.6.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.3.7 Rest Of Europe

9.3.7.1 Market Estimates & Forecast, By Component, 2020–2027

9.3.7.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, By Country, 2020–2027

9.4.2 Market Estimates & Forecast, By Component, 2020–2027

9.4.3 Market Estimates & Forecast, By Vertical, 2020–2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, By Component, 2020–2027

9.4.4.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.4.5 Japan

9.4.5.1 Market Estimates & Forecast, By Component, 2020–2027

9.4.5.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, By Component, 2020–2027

9.4.6.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.4.7 Rest Of Asia Pacific

9.4.7.1 Market Estimates & Forecast, By Component, 2020–2027

9.4.7.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.5 Rest Of The World

9.5.1 Market Estimates & Forecast, By Country, 2020–2027

9.5.2 Market Estimates & Forecast, By Component, 2020–2027

9.5.3 Market Estimates & Forecast, By Vertical, 2020–2027

9.5.4 Middle East And Africa

9.5.4.1 Market Estimates & Forecast, By Component, 2020–2027

9.5.4.2 Market Estimates & Forecast, By Vertical, 2020–2027

9.5.5 Latin America

9.5.5.1 Market Estimates & Forecast, By Component, 2020–2027

9.5.5.2 Market Estimates & Forecast, By Vertical, 2020–2027

10 Competitive Landscape

10.1 Competitive Overview

10.2 Competitor Dashboard

10.3 Major Growth Strategy In The Global Electronic Access Control Systems Market

10.4 Competitive Benchmarking

10.5 Key Developments & Growth Strategies

10.5.1 New Product Launch/Service Deployment

10.5.2 Merger & Acquisition

10.5.3 Joint Ventures

11 Company Profiles

11.1 ASSA ABLOY AB

11.1.1 Company Overview

11.1.2 Financial Overview

11.1.3 Product Offerings

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Key Strategy

11.2 Johnson Controls International Plc

11.2.1 Company Overview

11.2.2 Financial Overview

11.2.3 Product Offerings

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Key Strategy

11.3 Dormakaba Holding AG

11.3.1 Company Overview

11.3.2 Financial Overview

11.3.3 Product Offerings

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Key Strategy

11.4 Allegion Plc

11.4.1 Company Overview

11.4.2 Financial Overview

11.4.3 Product Offerings

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Key Strategy

11.5 Honeywell Security Group

11.5.1 Company Overview

11.5.2 Financial Overview

11.5.3 Product Offerings

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Key Strategy

11.6 Identiv, Inc.

11.6.1 Company Overview

11.6.2 Financial Overview

11.6.3 Product Offerings

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Key Strategy

11.7 Nedap N.V.

11.7.1 Company Overview

11.7.2 Financial Overview

11.7.3 Product Offerings

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Key Strategy

11.8 Suprema HQ Inc.

11.8.1 Company Overview

11.8.2 Financial Overview

11.8.3 Product Offerings

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Key Strategy

11.9 Bosch Security Systems Inc.

11.9.1 Company Overview

11.9.2 Financial Overview

11.9.3 Product Offerings

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Key Strategy

11.10 Gemalto N.V.

11.10.1 Company Overview

11.10.2 Financial Overview

11.10.3 Product Offerings

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Key Strategy

12 Conclusion

Segmentation

By Component 

  • Controllers
  • Biometric reader
  • Electronic controllers
  • Card-based reader
  • Multi-technology reader

By End-User 

  • Industrial
  • Healthcare
  • Commercial space
  • Education
  • Residential
  • Government

Major Companies

ASSA ABLOY AB (Sweden), Johnson Controls International plc (Ireland), dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Honeywell Security Group (US), Identiv, Inc. (US), Nedap N.V.(Netherlands), Suprema HQ Inc. (South Korea), Bosch Security Systems Inc. (US), Gemalto N.V. (Netherlands)., NEC Corporation (Japan), IDEMIA (France), Salto Systems (Spain), Axis Communications (Sweden), Lenel Systems International (US), Time and Data Systems International (UK), AMAG Technology (US), Gunnebo (Sweden), Gallagher Group (New Zealand), Napco security Technologies (US), Kisi Inc. (US), Cansec Systems (Canada), Vanderbilt Industries (US), Adman Technologies (India), and Brivo, Inc. (US)

Why Choose MWR

Quality Research

Our goal is to provide high-quality data that stimulates growth and creates a win-win situations

Unlimited User Access 

We offer Corporate User license access on all our reports in which you can share the report with your entire team without any restrictions

Free Company Inclusion 

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges

Post Sale Assistance

Unlimited post sales service with an account manager dedicated to making sure that all your needs are met

Covid-19 Impact Analysis

All our research report includes latest Covid-19 Impact and its analysis

Download Free Sample PDF

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Download Free Sample PDF