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World Electronics Access Control System Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773563
Increasing threat of terrorism and demand for an enhanced security system are major driving forces to adopt Electronics Access Control System (EACS). The EACS market includes authentication system, alarm system and perimeter security systems. In the last few years, EACS is employed in many application fields ranging from commercial and defense sectors. Biometric technology is delivering accurate identification and authentication service that helps to reduce the illegal access to the data. Exponential growth in the IT, banking, hospital and retail sector is driving the adoption of EACS to provide better security to assets. Limitations in the old structure of buildings is mainly responsible for the theft. This barrier can be eliminated by adding EACS in old buildings to improve security measures.

Higher cost and lack of awareness in Asian countries and RoW and false alarm are some key factors restraining the growth of the EACS market. As technology develops, cost of EACS is expected to decrease, resulting in higher adoption of EASC in Asia-Pacific regions.

Key Companies that are profiled in this report are Alarm.com, Bio-Key international Inc, Bosch Security Systems, Cisco Systems, Inc, Cognitec System GMBH, Control4, Digital Persona, Inc, Fujitsu Ltd, Godrej and Boyce Manufacturing Company Ltd, Johnson Control, Inc. and Linear LLC.

KEY BENEFITS

Porters Five Forces Model helps to understand Bargaining power of buyers and suppliers, threats of new entrants and substitutes and Competition in the industry
Estimation are done by considering current market trends and future potential investment in market for analysis period 2013-2020, with the base revenue of 2012
In-death study of drivers, restraints and opportunities of electronics access control market and their impact market
SWOT analysis and recent developments are profiled in the report to formulate top winning strategies to help stakeholders make better decisions.

KEY MARKET SEGMENTS

BY TECHNOLOGY

Authentication system

Biometric
Card Based
Touch Screen and Keypads
Door Contacts
Intruder Alarm System

DETECTION SYSTEM

Motion Detector
Glass Break Detector
Door / Window Sensor

ALARM PANELS

COMMUNICATION DEVICES

PERIMTER SECURITY SYSTEMS

Free Standing Perimeter Security
Buried perimeter Security

BY APPLICATION

HOMELAND SECURITY

Defense
Government Building

COMMERCIAL

Airports
Financial Institutions
Healthcare
Telecommunication
Stadium

INDUSTRIAL

RESIDENTIAL

By Geography

North America
Europe
Asia-Pacific
RoW

KEY AUDIENCES

Technology Investors
Research Institutes
Government and Defense Department
System Integrators
Distributors and Manufacturers of Electronic Access Control
Original Equipment Manufacturers

View Also :

World Distributed Control System (DCS) Market - Opportunities and Forecasts, 2014 -2020

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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