Electronic Access Control Systems (EACS) - Global Strategic Business Report

Report
302 Pages
July 2024
Region: Global
Global Industry Analysts, Inc
ID: 344059

The global market for Electronic Access Control Systems (EACS) is estimated at US$14.3 Billion in 2023 and is projected to reach US$34.1 Billion by 2030, growing at a CAGR of 11.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Authentication Systems segment, which is expected to reach US$21.8 Billion by 2030 with a CAGR of 13.2%. The Intruder Alarm Systems segment is also set to grow at 8.6% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $3.6 Billion in 2023, and China, forecasted to grow at an impressive 17.9% CAGR to reach $11.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Electronic Access Control Systems (EACS) Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electronic Access Control Systems (EACS) Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Electronic Access Control Systems (EACS) Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as ADT LLC, Allegion Plc, ASSA ABLOY AB, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 256 Featured):

ADT LLC
Allegion Plc
ASSA ABLOY AB
Axis Communications AB
BIO-key
Bosch Security Systems
dormakaba Holding AG
Gemalto N.V.
Gunnebo AB
Honeywell International, Inc.
Identiv Inc.
ISONAS
Johnson Controls International Plc
Kisi Inc.
NEC Corporation of America
Nortek Security and Control LLC
Oberthur Technologies SA
SecuGen Corporation
Sony Corporation
STANLEY Security
UTC Climate
Vanderbilt Industries

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Global Economic Update
EACS: Enabling Easier Protection and Control of Assets, People, and Property through Authorized & Restricted Access
Recent Market Activity
EACS: The Dominant Electronic Security Systems Category
Important Factors Driving Widespread Adoption of EACS over the Years
Consumer Perception of Crime
Regulatory Mandates
New Building Constructions/Renovations
Product Innovations & Introductions
Growing Need to Establish a National Identity Framework in Countries across the World: The Fundamental Growth Driver
Secure Document Implementations across the World by 2021
Economic Empowerment through National Identity
Mobile Identity (mID)
Digital Driver's License on the Mobile Phone
National Identity Schemes
Global Market Outlook
Developing Countries to Spearhead Growth and Replace the Hitherto Dominant US and European Markets
Electronic Access Control Systems (EACS) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

ADT LLC (USA)
Allegion plc (Ireland)
ASSA ABLOY AB (Sweden)
HID Global Corporation (USA)
Axis Communications AB (Sweden)
BIO-key, International, Inc. (USA)
Bosch Security Systems (Germany)
Crossmatch Technologies, Inc. (USA)
DoorKing, Inc. (USA)
dormakaba Holding AG (Switzerland)
Fermax Electronica S.A.U. (Spain)
Gemalto N.V. (Netherlands)
Gunnebo AB (Sweden)
Honeywell International, Inc. (USA)
IDenticard Systems (USA)
Identiv Inc. (USA)
ISONAS (USA)
Johnson Controls International Plc (Ireland)
Kisi, Inc. (USA)
NAPCO Security Technologies, Inc. (USA)
NEC Corporation of America, Inc. (USA)
Nortek Security and Control LLC (USA)
Oberthur Technologies SA (France)
IDEMIA (France)
Pelco, Inc. (USA)
SecuGen Corporation (USA)
Sony Corporation (Japan)
STANLEY Security (UK)
The Chamberlain Group, Inc. (USA)
UTC Climate, Controls & Security (USA)
Vanderbilt Industries (USA)

3. MARKET TRENDS & DRIVERS

EACS' Grand Convergence Supported by Game Changing Trends and Technologies Drive Strong Market Growth
Widespread Adoption of Smart Mobile Devices Enabling Anytime, Anywhere Access Control Drive Market Penetration
Smartphones Revolutionize Access Control Technology
Growing Popularity of Smarts Cards in Providing Enhanced Protection Drives Healthy Demand for Card-Based EACS
Smart Cards Outshines Traditional Legacy & Proximity Cards
Remote Login Made Secure by Smart Card Based EACS
Demand for Multi-Application Smart Cards Gain Momentum
Multiple Applications of Smart Cards Summarized
Biometrics: The Critically Important Authentication Technology Fast Replace the Vulnerable Traditional Access Control Approaches
Benefits
Market Drivers in a Nutshell
Market Inhibitors
Biometrics: The Dominant Electronic Access Control Technology
Frictionless Face and Iris Recognition Technologies to Take Over Fingerprint Biometrics
Law Enforcement Agencies to Invest Significantly in Biometrics Implementations
Expanding e-Governance Projects Drive Opportunities
Prisons & Detention Centers Bank on Biometrics Technology
Ubiquitous Access Control Cards to Stay Relevant Despite Rise of Biometrics
Massive Installed Base
Non-Requirement of Higher Security
Cards Work Every Time
Simple Measures to Improve Card Security
Upcoming Smart Cities to Fuel Large-Scale Adoption
Smart Homes to Drive Demand for Biometric Solutions
Growing Trend towards Affordable & Efficient Access Control Solutions Boost Adoption of Cloud Based ACaaS
Access Control as a Service (ACaaS): A Plug and Play Environment for Access Control Deployments
Cloud Services to Drive Mobility for Audio & Video Authentication
Rising Need for Identification and Authentication Drive Demand in the Commercial & Enterprise Sector
Globalization & Workforce Decentralization Boost EACS Demand
Stringent Data Protection Laws Benefit Prospects in the Enterprise Sector
Biometrics Identify Potential Opportunities in the Retail Segment
Small and Mid-Sized Businesses: A Lucrative Market Segment
Banking and Financial Services Sector: Most Promising End-use Market for EACS
Biometric Payment Cards Provide Additional Security
Expanding Social Network Footprint Opens Opportunities
EACS: A Mandatory Requirement for the Industrial Sector
Hand Geometry Biometrics for Harsh Working Environments
Behavioral EACS Technologies Gain Prominence
Rising Penetration of EACS Solutions in Airport Security Promote Market Expansion
Immigration Control & Travel Document Verification
EACS Deployments Gain Traction in the Hospitality Sector
Card-based EACS: A Widely Acknowledged Access Technology in Hospitality Facilities
Hospitality Sector Offers Significant Growth Opportunities for Biometrics-based EACS
Increasing Deployments of EACS in the Education Sector Lends Traction to Market Growth
Smart Card EACS Gaining Traction in Educational Facilities
Healthcare Establishments Offer Huge Untapped Market Potential for EACS
Contactless Access
Smart Cards and Readers
Recovery in Construction Activity Worldwide Offer Bright Prospects for the EACS Market
Exponential Increase in Global Urban Population Benefits Market Demand

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Electronic Access Control Systems (EACS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 2: World Historic Review for Electronic Access Control Systems (EACS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 3: World 16-Year Perspective for Electronic Access Control Systems (EACS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
Table 4: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 5: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 6: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 7: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 8: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 9: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 10: World Recent Past, Current & Future Analysis for Authentication Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 11: World Historic Review for Authentication Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 12: World 16-Year Perspective for Authentication Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 13: World Recent Past, Current & Future Analysis for Intruder Alarm Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 14: World Historic Review for Intruder Alarm Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 15: World 16-Year Perspective for Intruder Alarm Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 16: World Recent Past, Current & Future Analysis for Perimeter Security Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 17: World Historic Review for Perimeter Security Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 18: World 16-Year Perspective for Perimeter Security Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 19: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 20: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 21: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 22: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 23: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 24: World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 25: World Electronic Access Control Systems (EACS) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)

CANADA

JAPAN

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)

CHINA

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)

EUROPE

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)

FRANCE

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)

GERMANY

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)

ITALY

UNITED KINGDOM

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)

AUSTRALIA

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)

INDIA

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Electronic Access Control Systems (EACS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

ADT LLC
Allegion Plc
ASSA ABLOY AB
Axis Communications AB
BIO-key
Bosch Security Systems
dormakaba Holding AG
Gemalto N.V.
Gunnebo AB
Honeywell International, Inc.
Identiv Inc.
ISONAS
Johnson Controls International Plc
Kisi Inc.
NEC Corporation of America
Nortek Security and Control LLC
Oberthur Technologies SA
SecuGen Corporation
Sony Corporation
STANLEY Security
UTC Climate
Vanderbilt Industries

Table Information

Report Attribute	Details
No. of Pages	302
Published	July 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 14.3 Billion
Forecasted Market Value ( USD ) by 2030	$ 34.1 Billion
Compound Annual Growth Rate	11.5%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 256 Featured):

MarketGlass Platform

Table of Contents

Companies Mentioned (Partial List)

Table Information

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