Market Overview:
The global electronic access control systems (EACS) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for EACS in commercial, industrial, and residential applications. Additionally, the increasing adoption of biometric-based EACS is also contributing to the growth of the market. However, lack of standardization and interoperability among different types of EACS may restrain the growth of this market during the forecast period. Based on type, card-based systems accounted for a major share of the global electronic access control systems (EACS) market in 2017. This segment is expected to dominate duringthe forecast period owingto its low cost and easy installation as comparedto other typesof EACS such as biometric-based and othersystems .However ,the biometric-based segmentis projectedtogrow at a higherCAGRduringthe forecastperioddue t oits high security featuresand accuracyin identifying an individual’s identity .Based on application ,homeland security accounted for themajorityof th eglobalmarketin2017 .
Product Definition:
An electronic access control system (EACS) is a security system that uses electronic devices to allow or deny entry to a property. EACS are used to restrict access to authorized personnel and can include features such as key cards, biometric scans, and passwords. EACS are important for organizations because they help keep unauthorized people out of sensitive areas and protect against theft or vandalism.
Card-based:
The global card-based system is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for secure authentication and authorization, which in turn leads to increased security in organizations.
The electronic access control systems market is expected witness significant growth owing increase in demand for high security systems with an emphasis on prevention of data theft and frauds.
Biometrics:
Biometrics is a technique that uses the physical properties of humans to provide security. It involves the use of one or more identification techniques based on characteristics such as fingerprint, iris, face recognition, signature and palm vein recognition. Biometric data cannot be counterfeited because it is unique to an individual and provides an additional layer of security to personal information stored in electronic devices.
Application Insights:
Homeland security application dominated the global market in 2017. The growing need for controlling access to sensitive areas, critical assets and information is driving the demand for EACS in this sector. Furthermore, increasing adoption of these systems at airports, government buildings and military bases is further expected to drive growth over the forecast period.
The commercial segment is expected to witness significant growth over the forecast period owing to rising concerns regarding data breaches and other crimes that may lead to identity theft or financial loss if these are not controlled properly. In addition, stringent regulations pertaining with safety & health at work places and around buildings are further anticipated to propel product demand in this segment over the next eight years.
The industrial segment accounted for a share of 15% in terms of revenue on account of high-security applications across manufacturing facilities as well as energy & power plants across various regions globally including North America, Europe Asia Pacific Latin America Middle East Africa).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government spending on homeland security and growing adoption of access control systems by various commercial sectors, such as retail, hospitality, and transportation & logistics among others. Moreover, presence of key players in this region with extensive product portfolios will help accelerate growth further.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand for cost-effective yet high-performance electronic access control systems from emerging economies including China and India among others. In addition, improving infrastructure facilities across countries such as China and India are expected to drive construction activities which will result in increased penetration of EACS for safety purposes thereby driving regional market growth over the next eight years (2030).
Growth Factors:
- Increasing demand for security and safety in both residential and commercial sectors
- Proliferation of smart devices and the Internet of Things (IoT)
- Growing concerns over data breaches and cyber-attacks
- Stringent government regulations pertaining to security and safety
- Rising installation costs of traditional security systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Access Control Systems (EACS) Market Research Report
By Type
Card-based, Biometrics, Others
By Application
Homeland Security, Commercial, Industrial, Residential, Others
By Companies
Honeywell, ASSA Abloy, SIEMENS, Johnson Controls, BOSCH Security, DDS, ADT LLC, Dorma, KABA Group, Schneider, Suprema, Southco, SALTO, Nortek Control, Panasonic, Millennium, Digital Monitoring Products, Gallagher, Allegion, Integrated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Access Control Systems (EACS) Market Report Segments:
The global Electronic Access Control Systems (EACS) market is segmented on the basis of:
Types
Card-based, Biometrics, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homeland Security, Commercial, Industrial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- ASSA Abloy
- SIEMENS
- Johnson Controls
- BOSCH Security
- DDS
- ADT LLC
- Dorma
- KABA Group
- Schneider
- Suprema
- Southco
- SALTO
- Nortek Control
- Panasonic
- Millennium
- Digital Monitoring Products
- Gallagher
- Allegion
- Integrated
Highlights of The Electronic Access Control Systems (EACS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Card-based
- Biometrics
- Others
- By Application:
- Homeland Security
- Commercial
- Industrial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Access Control Systems (EACS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
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- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic access control systems (EACS) are a type of security system that uses electronic devices to identify and authenticate people who want to enter a building or area. EACS can be used in places such as schools, hospitals, government buildings, and corporate offices. EACS systems use various types of sensors to detect when someone is approaching or has entered the area. The system then sends an alert to the appropriate person(s), who can then decide whether or not they should allow the person access.
Some of the key players operating in the electronic access control systems (eacs) market are Honeywell, ASSA Abloy, SIEMENS, Johnson Controls, BOSCH Security, DDS, ADT LLC, Dorma, KABA Group, Schneider, Suprema, Southco, SALTO, Nortek Control, Panasonic, Millennium, Digital Monitoring Products, Gallagher, Allegion, Integrated.
The electronic access control systems (eacs) market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Access Control Systems (EACS) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electronic Access Control Systems (EACS) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electronic Access Control Systems (EACS) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electronic Access Control Systems (EACS) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electronic Access Control Systems (EACS) Market Size & Forecast, 2018-2028 4.5.1 Electronic Access Control Systems (EACS) Market Size and Y-o-Y Growth 4.5.2 Electronic Access Control Systems (EACS) Market Absolute $ Opportunity
Chapter 5 Global Electronic Access Control Systems (EACS) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Access Control Systems (EACS) Market Size Forecast by Type
5.2.1 Card-based
5.2.2 Biometrics
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Access Control Systems (EACS) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Access Control Systems (EACS) Market Size Forecast by Applications
6.2.1 Homeland Security
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Residential
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Access Control Systems (EACS) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Access Control Systems (EACS) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Access Control Systems (EACS) Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Access Control Systems (EACS) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Access Control Systems (EACS) Market Size Forecast by Type
9.6.1 Card-based
9.6.2 Biometrics
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Access Control Systems (EACS) Market Size Forecast by Applications
9.10.1 Homeland Security
9.10.2 Commercial
9.10.3 Industrial
9.10.4 Residential
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Access Control Systems (EACS) Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Access Control Systems (EACS) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Access Control Systems (EACS) Market Size Forecast by Type
10.6.1 Card-based
10.6.2 Biometrics
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Access Control Systems (EACS) Market Size Forecast by Applications
10.10.1 Homeland Security
10.10.2 Commercial
10.10.3 Industrial
10.10.4 Residential
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Access Control Systems (EACS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Access Control Systems (EACS) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Access Control Systems (EACS) Market Size Forecast by Type
11.6.1 Card-based
11.6.2 Biometrics
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Access Control Systems (EACS) Market Size Forecast by Applications
11.10.1 Homeland Security
11.10.2 Commercial
11.10.3 Industrial
11.10.4 Residential
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Access Control Systems (EACS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Access Control Systems (EACS) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Access Control Systems (EACS) Market Size Forecast by Type
12.6.1 Card-based
12.6.2 Biometrics
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Access Control Systems (EACS) Market Size Forecast by Applications
12.10.1 Homeland Security
12.10.2 Commercial
12.10.3 Industrial
12.10.4 Residential
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Access Control Systems (EACS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Access Control Systems (EACS) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Access Control Systems (EACS) Market Size Forecast by Type
13.6.1 Card-based
13.6.2 Biometrics
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Access Control Systems (EACS) Market Size Forecast by Applications
13.10.1 Homeland Security
13.10.2 Commercial
13.10.3 Industrial
13.10.4 Residential
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Access Control Systems (EACS) Market: Competitive Dashboard
14.2 Global Electronic Access Control Systems (EACS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 ASSA Abloy
14.3.3 SIEMENS
14.3.4 Johnson Controls
14.3.5 BOSCH Security
14.3.6 DDS
14.3.7 ADT LLC
14.3.8 Dorma
14.3.9 KABA Group
14.3.10 Schneider
14.3.11 Suprema
14.3.12 Southco
14.3.13 SALTO
14.3.14 Nortek Control
14.3.15 Panasonic
14.3.16 Millennium
14.3.17 Digital Monitoring Products
14.3.18 Gallagher
14.3.19 Allegion
14.3.20 Integrated