Electronic Access Control Market Projected For Impressive Growth

Nov. 15, 2012
Report cites growth at more than 10 percent over next three years

TechNavio's analysts forecast the Electronic Access Control market to grow at a CAGR of 10.29 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand from enterprises. The Global Electronic Access Control market has been developing next-generation access control technology; however, the need for regular updates could pose a challenge to the growth of this market.

TechNavio's report, the Global Electronic Access Control Market 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the North America, Europe, and the APAC regions, and the Rest of the World. It also covers the Global Electronic Access Control market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include: Honeywell International Inc., Siemens AG, Assa Abloy AB, and Safran Group. Other vendors mentioned in the report are: GE Co., Aiphone Co. Ltd., DigitalPersona Inc., Gunnebo AB, Hirsch Electronics Corp., Ingersoll-Rand plc., Linear LLC, Imprivata Inc., Kaba Holding AG, NAPCO Security Systems Inc., SecuGen Corp., The Chamberlain Group Inc., and Chubb Securite S.A.S.

Key questions answered in this report include:

  • What will the market size be in 2015 and at what will be the growth rate?
  • What are key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by key vendors?
  • What are the strengths and weaknesses of each of these key vendors?