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.
Scope of the Report:This report studies the Electronic Access Control Systems (EACS) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Electronic Access Control Systems (EACS) market by product type and applications/end industries.
The major factors supporting growth of the global electronic access control system market include need for improved security systems due to increasing criminal activities, and illegitimate immigration and attack fraudulence which has motivated governments across the sphere to participate in electronic access control system. Educational institutions, residential and healthcare centers buildings are additionally expected to uplift the electronic access control system. This can be credited to high accuracy, convenience and time efficiency over other safety products. However, absence of awareness and high cost coupled with lack of appropriate infrastructure may act as a limitation for the EAC system market. Growing international trade and privatization have also influenced the economies to finance in enhanced infrastructure which would generate new opportunities for the market in the coming years.
The global Electronic Access Control Systems (EACS) market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Electronic Access Control Systems (EACS).
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers 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
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Card-based
Biometrics
Others
Market Segment by Applications, can be divided into Homeland Security
Commercial
Industrial
Residential
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
