Electronic Access Control System Market: Card-based Technology is Expected to Account for a Value of over US$ 2,600 Mn by the end of 2022.

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.

Rockville, US, 2018-Apr-13 — /EPR Network/ — The global market discussion on electronic access control systems industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Electronic Access Control Systems Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on electronic access control systems market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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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.

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.

Competition Tracking

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.

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Table of Contents:

1. Global Electronic Access Control Systems Market – Executive Summary
2. Global Electronic Access Control Systems Market Overview
   2.1. Introduction
   2.1.1. Global Electronic Access Control Systems Market Taxonomy
   2.1.2. Global Electronic Access Control Systems Market Definition
   2.2. Global Electronic Access Control Systems Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Electronic Access Control Systems Market Y-o-Y Growth
   2.3. Global Electronic Access Control Systems Market Dynamics
   2.4. Cost Structure Analysis
   2.5. Innovation in Access Control Technology
   2.6. Winning Imperatives
   2.7. Strategic Focus of Players
   2.8. Key Participants Market Presence (Intensity Map) By Region
3. Global Electronic Access Control Systems Market Analysis and Forecast By  Technology
   3.1. Global Electronic Access Control Systems Market Size and Forecast By , 2012-2022
   3.1.1. Biometrics Electronic Access Control Systems Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region
   3.1.2. Card-Based Electronic Access Control Systems Market Size and Forecast, 2012-2022
   3.1.2.1. Revenue (US$ Mn) Comparison, By Region
   3.1.2.2. Market Share Comparison, By Region
   3.1.2.3. Y-o-Y growth Comparison, By Region
   3.1.3. Keypad Electronic Access Control Systems Market Size and Forecast, 2012-2022
   3.1.3.1. Revenue (US$ Mn) Comparison, By Region
   3.1.3.2. Market Share Comparison, By Region
   3.1.3.3. Y-o-Y growth Comparison, By Region
   3.1.4. Intruder Alarm Electronic Access Control Systems Market Size and Forecast, 2012-2022
   3.1.4.1. Revenue (US$ Mn) Comparison, By Region
   3.1.4.2. Market Share Comparison, By Region
   3.1.4.3. Y-o-Y growth Comparison, By Region
   Continued…..

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