Global Door Entry Systems Market Research Report 2020
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.
Market Analysis and Insights: Global Door Entry Systems Market
The global Door Entry Systems market is valued at 8291.9 million US$ in 2020 is expected to reach 14770 million US$ by the end of 2026, growing at a CAGR of 8.5% during 2021-2026.
Global Door Entry Systems Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment 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.
Segment 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 2025, 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.
Global Door Entry Systems Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Door Entry Systems market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Door Entry Systems Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include 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, etc.
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.
Market Analysis and Insights: Global Door Entry Systems Market
The global Door Entry Systems market is valued at 8291.9 million US$ in 2020 is expected to reach 14770 million US$ by the end of 2026, growing at a CAGR of 8.5% during 2021-2026.
Global Door Entry Systems Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment 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.
Segment 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 2025, 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.
Global Door Entry Systems Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Door Entry Systems market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Door Entry Systems Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include 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, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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