Market Overview:
The global pedestrian entrance control equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automated systems for security purposes, rising adoption of advanced technologies, and growing concerns over safety and security. Based on type, the global pedestrian entrance control equipment market is segmented into below 1100W, 1100-3000W, 3001-6000W, and above 6000W segments. The below 1100W segment is expected to account for the largest share of the global market in 2018 owing to its low cost and easy installation. However, the 3001-6000W segment is projected to grow at the highest CAGR during the forecast period as it offers high performance and efficiency. Based on application, consumer electronics accounted for majority of share in 2017 due its widespread use across various applications such as televisions sets (LCD/LED), laptops/notebooks PC monitors (LCD/LED), tablets PCs etc., followed by aerospace & defense sector which are used extensively in aircrafts & spacecrafts cabin pressure control systems among others applications such as medical devices etc.).
Product Definition:
Pedestrian entrance control equipment is a device used to manage the flow of people into and out of a building or other area. It can include items such as turnstiles, barriers, and gates. The purpose of pedestrian entrance control equipment is to ensure that people are allowed into an area only after they have been screened or authorized to do so. This helps to maintain security and order in the area.
Below 1100W:
The global below 1100W market size was valued at USD 0.72 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2025. The growth can be attributed to the growing demand for low power consuming, cost effective and compact devices used in residential as well as commercial applications such as traffic management & safety, security & surveillance systems, access control system for buildings or premises among others.
1100-3000W:
The global demand for the product is expected to witness significant growth over the forecast period on account of growing infrastructure development and increasing investments in smart city projects. The rising population coupled with rapid urbanization has resulted in increased traffic congestion, which is further expected to drive market growth.
Increasing safety concerns owing to growing crime rates and terrorist attacks have led governments across various regions to increase their security spending. This factor is also anticipated to fuel product demand over the forecast period.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing use of LED lighting, energy-efficient products and construction materials. Moreover, stringent government regulations regarding reduction in electricity consumption are likely to have a positive impact on industry growth.
The medical application segment is estimated to register the fastest CAGR from 2017 to 2030 owing to growing demand for EC systems that ensure safety during operations by controlling access of unauthorized personnel. Furthermore, hospitals are installing EC systems as they help control traffic congestion at hospital entrances thereby improving patient flow and reducing waiting time inside hospitals. These factors are anticipated drive industry expansion over the forecast period thus propelling product demand across various applications worldwide.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing focus on energy conservation, stringent government regulations for reducing carbon footprint along with growing emphasis on road safety. Moreover, rising demand for connected and smart devices is anticipated to fuel regional growth over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing construction activities across developing countries such as India and China. In addition, rising adoption of electric vehicles in key markets including China and Japan are likely to drive product demand further.
Growth Factors:
- Increasing demand for safety and security in public places
- Rising awareness about the benefits of using pedestrian entrance control equipment
- Growing number of construction projects and infrastructure development initiatives worldwide
- Proliferation of smart cities that are increasingly adopting advanced technologies for improved safety and security measures
- Rising demand from the hospitality sector for enhanced security at entrances
Scope Of The Report
Report Attributes
Report Details
Report Title
Pedestrian Entrance Control Equipment Market Research Report
By Type
Below 1100W, 1100-3000W, 3001-6000W, Above 6000W
By Application
Consumer Electronics, Aerospace, Automotive, Medical, Semiconductor Equipment, Others
By Companies
IPG Photonics, Coherent Inc., Lumentum, Raycus, JPT OPTO-Electronics, Feibo Laser, Maxphotonics, Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux), Shenzhen Hanwei Laser, GW Laser Tech
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Pedestrian Entrance Control Equipment Market Report Segments:
The global Pedestrian Entrance Control Equipment market is segmented on the basis of:
Types
Below 1100W, 1100-3000W, 3001-6000W, Above 6000W
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
Consumer Electronics, Aerospace, Automotive, Medical, Semiconductor Equipment, 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:
- IPG Photonics
- Coherent Inc.
- Lumentum
- Raycus
- JPT OPTO-Electronics
- Feibo Laser
- Maxphotonics
- Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux)
- Shenzhen Hanwei Laser
- GW Laser Tech
Highlights of The Pedestrian Entrance Control Equipment 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:
- Below 1100W
- 1100-3000W
- 3001-6000W
- Above 6000W
- By Application:
- Consumer Electronics
- Aerospace
- Automotive
- Medical
- Semiconductor Equipment
- 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 Pedestrian Entrance Control Equipment 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.
How you may use our products:
- Correctly Positioning New Products
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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
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- 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?
Pedestrian entrance control equipment is a safety device used to prevent unauthorized access to areas where pedestrians are present. The equipment typically includes sensors that detect the presence of people and an alarm system that signals when someone enters the area without authorization.
Some of the major companies in the pedestrian entrance control equipment market are IPG Photonics, Coherent Inc., Lumentum, Raycus, JPT OPTO-Electronics, Feibo Laser, Maxphotonics, Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux), Shenzhen Hanwei Laser, GW Laser Tech.
The pedestrian entrance control equipment market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pedestrian Entrance Control Equipment 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 Pedestrian Entrance Control Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pedestrian Entrance Control Equipment 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 Pedestrian Entrance Control Equipment 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 Pedestrian Entrance Control Equipment Market Size & Forecast, 2020-2028
4.5.1 Pedestrian Entrance Control Equipment Market Size and Y-o-Y Growth
4.5.2 Pedestrian Entrance Control Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Below 1100W
5.2.2 1100-3000W
5.2.3 3001-6000W
5.2.4 Above 6000W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Aerospace
6.2.3 Automotive
6.2.4 Medical
6.2.5 Semiconductor Equipment
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pedestrian Entrance Control Equipment 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 Pedestrian Entrance Control Equipment 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Below 1100W
9.6.2 1100-3000W
9.6.3 3001-6000W
9.6.4 Above 6000W
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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Aerospace
9.10.3 Automotive
9.10.4 Medical
9.10.5 Semiconductor Equipment
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Below 1100W
10.6.2 1100-3000W
10.6.3 3001-6000W
10.6.4 Above 6000W
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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Aerospace
10.10.3 Automotive
10.10.4 Medical
10.10.5 Semiconductor Equipment
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Below 1100W
11.6.2 1100-3000W
11.6.3 3001-6000W
11.6.4 Above 6000W
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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Aerospace
11.10.3 Automotive
11.10.4 Medical
11.10.5 Semiconductor Equipment
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Below 1100W
12.6.2 1100-3000W
12.6.3 3001-6000W
12.6.4 Above 6000W
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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Aerospace
12.10.3 Automotive
12.10.4 Medical
12.10.5 Semiconductor Equipment
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Below 1100W
13.6.2 1100-3000W
13.6.3 3001-6000W
13.6.4 Above 6000W
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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Aerospace
13.10.3 Automotive
13.10.4 Medical
13.10.5 Semiconductor Equipment
13.10.6 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 Pedestrian Entrance Control Equipment Market: Competitive Dashboard
14.2 Global Pedestrian Entrance Control Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPG Photonics
14.3.2 Coherent Inc.
14.3.3 Lumentum
14.3.4 Raycus
14.3.5 JPT OPTO-Electronics
14.3.6 Feibo Laser
14.3.7 Maxphotonics
14.3.8 Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux)
14.3.9 Shenzhen Hanwei Laser
14.3.10 GW Laser Tech
