Door Entry Systems Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027 (Updated Version Available)
Door Entry Systems Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027 (Updated Version Available)
ID : MRI81804 | Date : Apr, 2021 | Pages :
182 | Region : Global |
Publisher : RI
A door entry system, or access control systems is a critical component of business premises or home security infrastructure. It serves as a doorbell and intercom to give you control over who enters the site, and at the same time it acts as a secure system for controlling staff access throughout the building.
Card-based readers to hold the largest share of the door entry systems market during the forecast period
Cards are used as credentials to authenticate user identity and determine access grant/denial (also the appropriate level of access). Door entry systems readers can be magnetic stripe, proximity, or smart card readers. Card-based readers are proven to be more reliable than biometric readers and electronic locks. The increasing demand for smart and proximity cards to monitor and record employee activities is one of the drivers for the growth of card-based readers. Smartcards are proven to be more reliable than magnetic stripes and proximity cards. The increasing demand for smart and proximity cards to monitor and record employee activities is one of the drivers for the growth of smart card readers.Growing need for security solutions holds largest market share for commercial vertical in door entry systems market
The commercial vertical is the largest adopter of door entry systems systems. In this vertical, commercial premise such as enterprises and data centers, banks and financial centers, hotels, retail stores and malls, and entertainment areas have been considered. These places require door entry systems systems for protecting people and assets by preventing unauthorized access. The demand for door entry systems systems is increasing since they reduce the need for manned security significantly, thereby reducing security expenditure. These factors are encouraging commercial and service organizations to adopt door entry systems systems to protect people and property. Market in APAC expected to grow significantly during forecast period
The door entry systems market in APAC is expected to grow at the highest CAGR during the forecast period. Factors driving the growth of the market in this region include growing industrialization, commercialization, and high demand for security systems. Also, rising terror threats and crime rates in APAC countries and low police officer to population ratio are expected to support the high demand for door entry systems systems in APAC. China accounted for the largest share of the door entry systems market in APAC in 2018. Increased terror threats and growing government spending to enhance security are some of the key factors driving the growth of the door entry systems market. The growing economy of China also creates a significant requirement for security systems. Large population, increasing investments for digitalization, significant R&D, and increasing industrialization in APAC would drive the adoption of security systems.
The Door Entry Systems Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Door Entry Systems industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Door Entry Systems by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Door Entry Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Door Entry Systems market for 2015-2027.
Key Companies
Honeywell
Johnson Controls
Dormakaba
ADT LLC
Schneider Electric
SIEMENS
BOSCH Security
SALTO
NSC
ABB
IDEMIA
Panasonic
DDS Ltd
Southco
HID Global
Legrand
ZKTeco
Fujitsu
Gallagher
Door Entry Systems Market by Type
Card-based
Video/Audio Systems
Biometric Systems
Other
In 2018, Card-based accounted for a major share of 39% in the global Door Entry Systems market. And this product segment is poised to reach to a volume of 2079 (K Units) by 2025 from 1264.3 (K Units) in 2018.
Door Entry Systems Market by Application
Residential
Commercial
In Door Entry Systems market, Residential segment holds an important share in terms of application, and it is expected to reach a volume of 4950.9 (K Units) by 2028, at a CAGR of 9.18% during 2018 and 2025. It means that Door Entry Systems will be promising in the Residential field in the next couple of years.
Door Entry Systems Market by Region
North America
Europe
China
Japan
Southeast Asia
South America
Middle East
New Zealand
Door Entry Systems Market Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Central & South America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
At the same time, we classify Door Entry Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Door Entry Systems market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Door Entry Systems market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Door Entry Systems market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Door Entry Systems market for the forecast period 2021 - 2027?
• What are the driving forces in the Door Entry Systems market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Door Entry Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
For any other requirements, please feel free to contact us and we will provide you customized report.
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