Market Overview

The Electronic Access Control Systems Market Was Valued At USD 33.52 Billion In 2022 And Is Projected To Grow To USD 76.34 billion By 2030, Exhibiting A CAGR Of 11.21% From 2022 To 2030. 


Electronic entry control systems are digital networks that decide who can go through security gates. Someone can join or leave a security perimeter through a security portal. Most electronic systems that control entry also come with a built-in burglar alarm. With the help of EAC systems, users can get to different parts or just pick a few. They will be able to keep track of who comes and goes. As a safety step and in case of an emergency, they can find people in buildings. Most EAC systems are pretty flexible, and new tools only make them more so.

Electronics Access Control System (EACS) is being used more and more because of the growing danger of terrorism and the need for better security. Authentication systems, alarm systems, and perimeter security systems are all part of the EACS business. In the last few years, EACS has been used in a wide range of areas, from commercial to military. Biometric technology makes it easy to identify people and verify their identities. This makes it harder for people to get into data without permission. EACS is being used to protect assets because IT, banks, hospitals, and retail are all growing at a very fast rate. Most of the time, theft happens because old houses have weak spots. By adding EACS to old houses to make them safer, this problem can be solved.

Market Dynamics

Market Trends: Many businesses are becoming more worried about security, which is helping the market grow.

One of the most important things driving the market for electronic access control systems is the fact that more and more businesses are worried about security. There are a lot of thefts and break-ins in both commercial and residential places. Because of this, there is a growing need for more advanced protection systems. Electronic entry systems are widely used because they are easy to use. It is a great security option that can be used for many different things. In the coming years, there will be more and more EACS Market installations. Crime is likely to get worse over the next few years. Through computer access, it is possible to give people a safe place to live. Modern access control systems make it so that only approved and private people can get inside of a building.

Drivers: The evolution in research

More people are using access control systems, technology is getting better, and there are more wireless security systems, so the market is rising. The use of cloud computing platforms and security solutions built on the Internet of Things (IoT) is growing the market. Also, the access control market is expected to grow in the near future due to the growth of towns and the need for wireless and Internet of Things (IoT)-based security systems in a variety of settings.

Electronic access control systems are different from other kinds of security because you only need a small amount of physical entry to get through them. They can also be run by one person or a team of people. They are very sensitive and have gone through a lot of changes to make them better.

Demand going up in different fields

In the coming years, the market for electronic access control systems is expected to grow as more people use electromagnetic locks and electric strikes. In the coming years, schools, hospitals, and homes are likely to use more electronic entry control systems because they are more accurate, faster, and easier to use than other security technologies. The market for electronic access control systems will grow because these systems are being used in more places, like the commercial and defense sectors, and because there is a growing need to limit entry to certain places.

More and more concern about safety

Some of the main things that are driving the global market for electronic access control systems are the rise of vandalism, violence in public places, and terrorist strikes in cities and at different schools.

Opportunities: Mobile-based access control is being used more and more.

There are a number of good things about mobile access control. In addition to making it easy to get into a building, it gives property managers and staff a quick and easy way to control who can get in. Mobile-based access control can be used in several important ways, such as:

• Buildings with many apartments
• Properties that are used for both business and other things
• Communities with gates

Growth possibilities can be found in the growing demand for smartphones with biometric features

Biometrics systems are now a part of smartphones because technology has gotten better. People want options that take up less space, so a phone with a security system built in is a great option. For example, Apple launched the iPhone 5s in 2013 with a fingerprint reader in an effort to make the phone safer and easier to use.

Challenges: Few users know that advanced security options are available and what they can do for them.

Mechanical locks have been the most basic form of access control for hundreds of years. As technology has changed, there have been many changes and new ideas. Biometrics, radio frequency (RF), near-field communication (NFC), cloud computing, and Bluetooth are some of the technologies that are now used in access control systems. But the cost of installing smart locks and the fact that they need to be trained and tested make them less appealing to end users. This market can't grow as fast as it could if people didn't know about the new wireless locks and how much better they are when they are connected to the cloud.

Major Market Segments Covered

Electronic Access Control Systems Component Insights

Based on the parts, the market for Electronic Access Control Systems is divided into Biometrics Reader, Card-Based Reader, Multi-Technology Readers, Electronic Locks, and Controllers. In 2022, most of the money made in the Electronic Access Control Systems market came from the Biometrics Reader section. Fingerprints, iris scans, and facial recognition are some of the ways that biometric readers recognize people and let them in. As biometric technology keeps getting better and cheaper, more people will want to use biometric entry control systems. This will help the biometrics reader segment grow even more. Biometric access control systems are also likely to become more popular as more people move into smart homes and become more aware of security and monitoring. Overall, the biometrics reader group is expected to continue to lead the Electronic Access Control Systems market over the next few years. This is because biometrics readers offer a high level of security and convenience, and more and more industries are using them.

Electronic Access Control Systems Vertical Insights

Based on vertical, the Electronic Access Control Systems market is divided into Commercial Spaces, Military & Defense, Government, Residential, Education, Healthcare, Industrial, and Others. In 2022, the Residential section was the most important part of the market, and it is expected to be the fastest-growing part from 2023 to 2030. This is because more people are buying smart homes and more people are thinking about home protection. As more people buy smart home technology, the demand for electronic access control systems that work with other smart home devices and let you access and control them from afar is likely to grow. All of these things help the market for Electronic Access Control Systems grow.

Regional Insights

Geographically, North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa have studied the Electronic Access Control Systems market. (MEA).

Asia-Pacific had the biggest share of the market in 2021. At a CAGR of 10%, the Asia-Pacific area is expected to grow a lot over the next 10 years. During the predicted time period, the APAC area is expected to grow at a high CAGR. The APAC region has grown because businesses are now more likely to set up their production facilities there. As more local and IT businesses, like start-ups, open, the need to protect assets is likely to grow. Residential real estate is changing a lot in many countries, like China, Japan, and India. The building also has modern biometric access control, which makes it less likely that it will be broken into or stolen from.

Several countries are paying a lot of attention to urbanization by starting projects to build "smart cities" and improve infrastructure. Because their populations are growing and more people are moving to cities, developing countries like China and India are building a lot more houses.

Because it is one of the most developed countries, the United States is one of the most important places in the world when it comes to Electronic Access Control Systems. Long-term, the number of people who want electronic access control systems is likely to grow. This is because new goods are coming out quickly in the U.S. and because the government is running a number of programs to help this happen. Also, the busy lives of Americans and the need for high levels of protection in both public and private places have helped companies that make electronic access control systems grow in a way that is good for business.

Competitive Analysis

Globally, the market for electronic entry control systems isn't too crowded, but there are a lot of companies trying to take over the market. In the last few years, companies that sell electronic entry control systems have grown in a number of ways, such as by merging, forming partnerships, and buying other companies.

Manufacturers are also using sustainability to grow their market share. As more people choose businesses with a "green" name or that do good things for the community, marketing strategies and brand habits are likely to shift toward eco-friendly goods, which will increase sales.

The market has a few big players. Bosch Security Systems, Siemens Building Technologies, Honeywell International Inc., Johnson Controls, Schneider Electric, Assa Abloy AB, Magal Security Systems Ltd, Future Fibre Technology, NEC Corporation, Godrej Consumer Product Limited, Cisco Systems, Inc., Hitachi, Ltd., Tyco International Ltd., United Technologies Corporation, Dormakaba Holding, Allegion plc, Identiv Inc., Nedap N.V., Suprema HQ, Dormakaba

Scope Of Report

Key Vendors

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

1. Bosch Security Systems

The Bosch division Building Technologies is the world's top provider of products and systems for security, safety, and communication. Bosch has solutions and services for building protection, energy efficiency, and building automation in some countries. In 2021, about 9,900 employees made sales of €2.1 billion. The main goal is to keep people, places, and property safe. There are video security, intrusion detection, fire detection, voice evacuation, and management tools, among other things, in the product line. Professional voice, sound, and music communication devices for voice, sound, and music round out the range. Building Technologies has its own plants in Europe, the United States, and Asia where it creates and makes its products.

2. Honeywell International Inc.

Honeywell is a Fortune 100 company that comes up with and makes solutions to solve hard problems related to global macrotrends like safety, security, and energy. They have about 110,000 workers around the world, including more than 19,000 engineers and scientists. In everything they make and do, they focus on quality, delivery, value, and technology.

3. Cisco Systems

In 1984, a small group of computer scientists from Stanford University got together to start Cisco. Since the beginning of the company, Cisco experts have been at the forefront of creating networking technologies based on the Internet Protocol (IP). Today, with more than 71,000 employees all over the world, this tradition of innovation continues with industry-leading products and solutions in the company's core development areas of routing and switching, as well as in advanced technologies like home networking, IP telephony, optical networking, security, storage area networking, and wireless technology. Cisco also offers a wide range of services, such as technical help and more advanced services, in addition to its products.

4. Siemens AG

  Siemens is a company that makes technology for business, infrastructure, transportation, and healthcare. From factories that use less energy and materials, to supply chains that are more reliable, to smarter buildings and grids, as well as cleaner and more comfortable transportation and better health care, the company makes technology that has a purpose and gives users real value. By bringing together the real and digital worlds, Siemens gives its customers the power to change their businesses and markets, which in turn helps them change the way billions of people live their everyday lives. Siemens also owns the bulk of Siemens Healthineers, a publicly traded company that is a world leader in medical technology and is shaping the future of healthcare. Siemens also has a small share in Siemens Energy, which is a world leader in the transportation and production of electricity.

5. Magal Security Systems Ltd

  Magal is a global integrator of operational command-and-control systems that make things safer, more efficient, and more secure. Magal has more than 50 years of proven experience in designing and providing turnkey solutions for seaports, borders, oil & gas, and critical infrastructure. Magal's FortisX is a game-changing C5I tool that combines operational data to build unified ecosystems. It gives real-time situational awareness and actionable insights. Magal makes sure that activities are safe, secure, and profitable. It has installations in more than 100 countries and seven subsidiaries on four continents. Since 2021, Magal has been the HLS part of the Rafael Group.

Recent Development

• In April 2022, Johnson Controls (NYSE: JCI), the global leader in smart, healthy, and sustainable buildings, announced today that it has bought Security Enhancement Systems LLC (SES). SES is a provider of mobile-based, keyless access control solutions used in critical infrastructure, such as telecommunication towers for major providers.

• In October 2022, ASSA ABLOY bought Bird Home Automation GmbH ("DoorBird"), a German company that makes high-quality IP door intercoms for single-family and multi-family homes that can be controlled from an indoor station or a smartphone and are sold under the name DoorBird.

• In July 2022, Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, bought Stanley Access Technologies LLC ("Access Technologies") and assets related to the automatic entrance solutions business from Stanley Black & Decker, Inc. (NYSE: SWK) for $900 million in cash. This deal had already been announced.

• In March 2020, Johnson Controls launched the Tyco Software House C•CURE Visit Verified Identity solution to improve visitor management and get rid of the risks and costs that come with collecting and storing visitor data on site.

• In February 2023, Johnson Controls (Ireland) and Alcatraz AI (US) worked together to make an access control system that was smart and didn't cause any friction. With this partnership, the Johnson Controls CURE 9000 solution and Rock from Alcatraz AI will work together to make powerful facial authentication technology that uses AI to control entry quickly and accurately.

• In February 2023, Identic (US) joined forces with Trace-ID (Spain), a company that makes and sells UHF RFID technology and products. The relationship allowed Ident to make more products and add to its long list of products. This made the company an even bigger leader in RFID technology around the world.

• In January 2023, ASSA ABLOY (Sweden), which owns Abloy Oy, released ABLOY Key Deposit for Keyless Access. It lets you get into a property without a key using a Bluetooth Low Energy (BLE) link on your phone. With this device, property managers can give different groups of people access to properties through their cell phones without having to worry about logistics or access control.

Market Segmentation

Global Electronic Access Control EAC Systems Market has been segmented into:

By Product Type

• Authentication Systems
• Intruder Alarm Systems
• Perimeter Security Systems

By Application

• Employee Onboarding & Offboarding
• Threat Management
• Parking Management
• Guard Management
• Visitor Management
• Others

By End-user

• Government & Defense
• Commercial & Institutions
• Industrial
• Residential

Global Electronic Access Control EAC Systems Market Regional Insights

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Conclusion

The Contrive Datum Insights takes a detailed look at the market and focuses on important things like the best companies, types of products, and best ways to use those products. Aside from that, the study talks about market trends and shows how the industry has changed in important ways. The study also talks about a number of other things that have helped the market grow over the past few years. Over the next few years, the world market for electronic access control systems is expected to grow. Governments all over the world are investing in electronic entry control systems because they need better security systems to deal with rising crime, illegal immigration, and fraud. These systems offer high levels of protection and can be connected to building automation and time management systems. The market for electronic access control systems is likely to grow because electromagnetic locks and electric strikes are becoming more common. By product, the market for electronic access control systems can be divided into perimeter security, intruder warning, card-based, and authentication systems. The authentication systems market is likely to get a lot of help from biometrics. The market for authentication systems is likely to grow quickly over the next few years because security budgets are getting bigger and people are more worried about security. Based on how they are used, the market is divided into four groups: residential, industrial, business, and government. In the commercial section, hospitals, banks, and airports are all included. In 2013, North America was the biggest market, but Asia Pacific is likely to grow quickly over the next few years.