Los Angeles, CA -- (SBWIRE) -- 03/28/2019 -- 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. Limitations can be set on who, where and when.
The Electronic Access Control Systems industry has got a rapid development during the last few years, with the fast development of technology and research. The global total revenue of Electronic Access Control Systems is 14298.79 M USD in 2016. At the same time, as the development of the society and economy, more and more attention has been emphasis on importance of residential and commercial security, and more and more Electronic Access Control Systems has been used in big companies.
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In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Electronic Access Control Systems raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Electronic Access Control Systems.
China is an important consumer of Electronic Access Control Systems; as the same time, the consumption of Electronic Access Control Systems in China grown gradually. But the backward technology and research limit the development of Electronic Access Control Systems. In the result, Electronic Access Control Systems in China was occupied by some foreign brands to some degree, such as Honeywell, ASSA Abloy, SIEMENS, TYCO, BOSCH Security, DDS.
The global Electronic Access Control Systems market is valued at 16400 million US$ in 2018 is expected to reach 39400 million US$ by the end of 2025, growing at a CAGR of 11.6% during 2019-2025.
This report focuses on Electronic Access Control Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electronic Access Control Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Card-based
Biometrics
Others
Segment by Application
Homeland Security
Commercial
Industrial
Residential
Others
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