Electronic Access Control Systems Market Size, Share, and Growth Report 2032

Electronic Access Control Systems Market

Electronic Access Control Systems Market By Technology (Authentication System, Intruder Alarm Systems, and Perimeter Security System), By Application (Residential, Commercial, Government, and Industrial), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-1437 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 9.24 Billion USD 18.31 Billion 7.90% 2023

Electronic Access Control Systems Market

Electronic Access Control Systems Market Size

The global electronic access control systems market size was worth around USD 9.24 billion in 2023 and is predicted to grow to around USD 18.31 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.90% between 2024 and 2032.

The report covers forecast and analysis for the electronic access control systems market on a global and regional level. The study provides historic data from 2024 to 2032 along with a forecast data from 2024 to 2032 based on revenue (USD Billion).

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Electronic Access Control Systems Market: Overview

The electronic access control system is a security solution that provides complete control over the physical security of a certain area. Generally, it consists of an electronic door lock which consists of a reader and a controller which allows us to permit restricted access to private, industrial, and government premises. In the last few years, EACs have witnessed tremendous growth due to rise in various threats to private and public properties. The day-by-day increase in thefts, crime and terror attacks are the primary reasons demanding security solutions at the high end. Electronic access control framework utilizes electronic or electromechanical systems to permit confined access to the premises. 

The global rise in adoption of EAC systems can be attributed to the continuous rise in white collar crimes, thefts, and other threats to public and private properties.  Various governments across the globe have made mandatory check-ins into their premises giving rise to the application of electronic access control systems. Whereas, lack of awareness and high installation costs are the restraining factors that are expected to hinder the growth of the electronic access control systems market within the forecast period. The emerging trend of card-based access control systems that allow access to authorized person/security code is expected to open up new avenues of opportunities for EAC systems market.

The study includes drivers and restraints for the electronic access control systems market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the electronic access control systems market on a global level.

This report offers comprehensive coverage of the global electronic access control systems market along with, market trends, drivers, and restraints of the electronic access control systems market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the electronic access control systems market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

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Electronic Access Control Systems Market: Segmentation

The study provides a decisive view on the electronic access control systems market by segmenting the market based on technology, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

The technology segment includes authentication system, intruder alarm systems, and perimeter security system. The authentication system is further divided into biometric authentication system and card based authentication system. The biometric authentication system is further sub-divided into fingerprint recognition, iris recognition, signature recognition, face recognition, palm recognition, vein recognition, and voice recognition. The intruder alarm system is bifurcated into motion detector, glass break detector, and door/window sensor. The perimeter security system is divided into three type’s namely free standing intruder alarm system, fence security system, and buried perimeter security system.

By application the market is divided into residential, commercial, government, and industrial.

Electronic Access Control Systems Market: Report Scope

Report Attributes Report Details
Report Name Electronic Access Control Systems Market Research Report
Market Size in 2023 USD 9.24 Billion
Market Forecast in 2032 USD 18.31 Billion
Growth Rate CAGR of 7.90%
Number of Pages 110
Key Companies Covered Godrej Consumer Product Limited, Cisco Systems, Magal Security Systems Ltd., Bosch Security Systems, Johnson Controls, Honeywell International Inc., Tyco International Ltd., Siemens AG, NEC Corporation, Panasonic Corporation, and among others.
Segments Covered By Technology, By Application, By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Electronic Access Control Systems Market: Regional Analysis

The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia Pacific has been leading the worldwide electronic access control systems market and is anticipated to continue on the dominant position in the years to come, states the electronic access control systems market study. Rapidly surging consumer base, escalating demand for electronic surveillance, and improved standards of living is the main factor behind the dominance of the Asia Pacific electronic access control systems market. The enhanced acceptance of EAC systems in various organizations based in the region is another significant factor that is supporting the growth of this regional electronic access control systems market.

Electronic Access Control Systems Market: Competitive Outlook

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global electronic access control systems market are:

  • Godrej Consumer Product Limited
  • Cisco Systems
  • Magal Security Systems Ltd.
  • Bosch Security Systems
  • Johnson Controls
  • Honeywell International Inc.
  • Tyco International Ltd.
  • Siemens AG
  • NEC Corporation
  • Panasonic Corporation

The report segments the global electronic access control systems market as follows:

By Technology

  • Authentication System
    • Biometric Authentication System
    • Fingerprint Recognition
    • Iris Recognition
    • Signature Recognition
    • Face Recognition
    • Palm Recognition
    • Vein Recognition
    • Voice Recognition
  • Intruder Alarm Systems
    • Motion Detector
    • Glass Break Detector 
    • Door/Window Sensor
  • Perimeter Security System
    • Free Standing Intruder Alarm System
    • Fence Security System
    • Buried Perimeter Security System

By Application 

  • Residential
  • Commercial
  • Government
  • Industrial

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The electronic access control system is a security solution that provides complete control over the physical security of a certain area.
 

According to study, the global Electronic Access Control Systems Market size was worth around USD 9.24 billion in 2023 and is predicted to grow to around USD 18.31 billion by 2032.
 

The CAGR value of Electronic Access Control Systems Market is expected to be around 7.90% during 2024-2032.

Asia Pacific has been leading the global Electronic Access Control Systems Market and is anticipated to continue on the dominant position in the years to come.
 

The global Electronic Access Control Systems Market is led by players like Godrej Consumer Product Limited, Cisco Systems, Magal Security Systems Ltd., Bosch Security Systems, Johnson Controls, Honeywell International Inc., Tyco International Ltd., Siemens AG, NEC Corporation, Panasonic Corporation, and among others.

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