Companies and Markets
Call us on +44 (0) 203 086 8600
Market Research A to Z | Company Profiles A to Z | RegisterRegister | Contact UsContact Us | Shopping Basket Shopping Basket
+44 (0) 203 086 8600 Call us on

Electronic access control market to increase at a CAGR of 10.29%

Industry Sector



12 November 2012


Mike King

Type of News


The electronic access control market has been forecast to increase at a compound annual growth rate (CAGR) of 10.29% through to 2015, with the industry set to hit a market value of US$14.1 billion by 2017.

Controlling access and preventing unauthorised entry is the key to ensuring against theft, sabotage, and vandalism, and electronic access controls, in this regard, are a universal requirement for people from all walks of life, including the common man, employees, business owners, and most importantly building owners.

The development of next-generation access control technology is one of the emerging trends in the electronic access control market. This next-generation access control technology would eliminate the use of cards for accessing doors, gates, and drawers by embedding access control technology to mobile devices. For instance, the near field communications (NFC) and other major technological advancements are migrating standard access control technology to mobile platforms.

Although the tough economic climate squeezed new orders for electronic access control systems, the focus on safety and security among organisations, government agencies and the general public will continue to remain unchanged in the post recession period, as security coverage is closely tied to safety of human life, and infrastructure facilities in residential and commercial centres.

Past trends show that developed markets such as Europe and North America have been the traditional revenue contributors within the electronic access control market, however, developing regions such as Asia-Pacific, Latin America and the Middle East are expected to turbo-charge growth over the coming years.

Key players currently dominating the electronic access control market include Honeywell International Inc., Siemens AG, Assa Abloy AB, and Safran Group.

For more information on the electronic access control market, see the latest research: Electronic Access Control Market

Follow us on Twitter @CandMResearch

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency


Change Currency


Use our research skills: Get free support

Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support

December Discounted Prices: Contact us to ask about our special discounts available in December

For the last month in 2014 we are offering discounted prices on a selection of new reports. Please contact us on 00 44 (0) 203 0868600 or via email (click here to email) to ask about prices and special discounts.

Available during December and the run-up to Christmas; Discounted prices on a selection of our reports.

Find all the research at the best prices. Great promotions being offered during December!

We are offering our clients substantial savings on the best research available during December. Please contact us either via emailor by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600. We look forward to being able to find you the research you require at good prices.


Contrast settings

Text size settings