Market Forecast By Access Control Market Types (Card Reader Access Control System (Contact Card, Contactless Card), Biometric Access Control System (Fingerprint, IRIS And Others)), By Applications (Banking and Financials, Government and Transportation, Retail and logistics, Commercial offices, Industrial and Manufacturing, Residential, Hospitality and Healthcare, Educational Institutions And Others), By Regions (Beijing, Guangzhou, Shanghai, Shenzhen And Rest of China) And Competitive Landscape.
|Product Code: ETC001423||Publication Date: Dec 2019||Updated Date: May 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
In the year 2021, Japan was the largest exporter in terms of value, followed by Germany. It has registered a growth of 45.88% over the previous year. While Germany registered a growth of 17.83% over the previous year. While in 2017 Japan was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, China has a Herfindahl index of 996 in 2017 which signifies high competitiveness while in 2021 it registered a Herfindahl index of 1228 which signifies high competitiveness in the market
China Access Control Market report thoroughly covers the market by access control market types, applications, and by regions. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
China Access Control Market has experienced enormous growth and development in the past few years. The access control market of China is projected to grow in the upcoming years owing to technology advancements, growing adoption of access control solutions, and rising security concerns among individuals and businesses. The latest development in the market includes the integration of biometric authentication systems into access control solutions as these systems use fingerprints or facial recognition to grant access. Moreover, the shift towards cloud-based access control solutions is another vital development in the China Access Control Industry as they offer fine scalability compared to traditional on-premise systems. Additionally, there has been a growing demand for mobile-enabled access control systems, with more people relying on their phones for everyday tasks. Thereby, driving the China Access Control Market Growth to a great extent.
China Access Control Market is poised to grow over the years on the back of rising crime rates coupled with growing security concerns are some of the major factors driving the market growth in the region. The rising adoption of Internet of Things (IoT) based security solutions in China would push the market growth. Further, the growing popularity of Access Control as a Service (ACaasS) would positively influence market growth over the coming years.
According to 6Wresearch, the China Access Control Market size is anticipated to register significant growth during 2019-25. Increasing government investments in infrastructural development projects such as the construction and expansion of Beijing International Airport, the China-Pakistan Economic Corridor (CPEC), and the ongoing construction of “Todtown” would spur the demand for access control during the forecast period. Further, favourable government initiatives that lead to rapid commercialization and growing industrialization would further propel market growth. With rising crime rates, there is an increasing demand for access control systems that can provide enhanced security measures to individuals and businesses. However, competition from international players who are entering the market with their own innovative solutions and government regulations on certain technologies or limitations on potential markets are some of the challenges faced by the China Access Control Industry. Despite these challenges, companies look to enhance their security posture by adopting access control systems.
The China Access Control Market has several leading players competing for market share. Some of them include;
Based on the Card Reader access control system, the contact card segment captured the majority of the market revenues in 2018 and is expected to dominate the China Access Control Market share during the forecast period owing to the increasing adoption of contact card-based access control in major companies as well as industries to maintain and record security check-in and check-out. Further, the contactless card segment is projected to experience substantial revenue growth in the upcoming years due to increasing spending by companies in technological advancements of access control solutions to be more secure and easy to carry.
According to Ravi Bhandari, Research Head, 6Wresearch, the Banking and Financials is a significant segment in the China Access Control Market as these sectors use access control solutions to safeguard sensitive financial information and secure physical access to financial institutions. Moreover, access control plays a critical role in government and transportation sectors, ensuring security and controlled access to government buildings.
The China Access Control Market report provides a detailed analysis of the following market segments:
|1. Executive Summary|
|2.1 Report Description|
|2.2 Key Highlights of The Report|
|2.3 Market Scope & Segmentation|
|2.4 Research Methodology|
|3. China Access Control Market Overview|
|3.1 China Access Control Market Revenues and Volume 2015-2025F|
|3.2 China Access Control Market Revenue Share, By Types, 2018 & 2025F|
|3.3 China Access Control Market Revenue Share, By Applications, 2018 & 2025F|
|3.4 China Access Control Market Revenue Share, By Regions, 2018 & 2025F|
|3.5 China Access Control Market - Industry Life Cycle|
|3.6 China Access Control Market - Porter’s Five Forces|
|4. China Access Control Market Dynamics|
|4.1 Impact Analysis|
|4.2 Market Drivers|
|4.3 Market Restraints|
|5. China Access Control Market Trends|
|6. China Access Control Market Overview, By Types|
|6.1 China Access Control Market Revenues and Volume, By Card Reader Access Control System, 2015-2025F|
|6.1.1 China Access Control Market Revenues and Volume, By Contact Card, 2015-2025F|
|6.1.2 China Access Control Market Revenues and Volume, By Contactless Card, 2015-2025F|
|6.2 China Access Control Market Revenues and Volume, By Biometric Access Control System, 2015-2025F|
|6.2.1 China Access Control Market Revenues and Volume, By Fingerprint, 2015-2025F|
|6.2.2 China Access Control Market Revenues and Volume, By IRIS, 2015-2025F|
|6.2.3 China Access Control Market Revenues and Volume, By Others, 2015-2025F|
|7. China Access Control Market Overview, By Applications|
|7.1 China Access Control Market Revenues, By Banking and Financials, 2015-2025F|
|7.2 China Access Control Market Revenues, By Government and Transportation, 2015-2025F|
|7.3 China Access Control Market Revenues, By Retail and logistics, 2015-2025F|
|7.4 China Access Control Market Revenues, By Commercial offices, 2015-2025F|
|7.5 China Access Control Market Revenues, By Industrial and Manufacturing, 2015-2025F|
|7.6 China Access Control Market Revenues, By Residential, 2015-2025F|
|7.7 China Access Control Market Revenues, By Hospitality and Healthcare, 2015-2025F|
|7.8 China Access Control Market Revenues, By Educational Institutions, 2015-2025F|
|7.9 China Access Control Market Revenues, By Others, 2015-2025F|
|8. China Access Control Market Overview, By Regions|
|9. China Access Control Market - Key Performance Indicators|
|10. China Access Control Market - Opportunity Assessment|
|10.1 China Access Control Market Opportunity Assessment, By Types, 2025F|
|10.2 China Access Control Market Opportunity Assessment, By Applications, 2025F|
|11. China Access Control Market Competitive Landscape|
|11.1 China Access Control Market Revenue Share, By Companies, 2018|
|11.2 China Access Control Market Competitive Benchmarking, By Operating & Technical Parameters|
|12. Company Profiles|
|13. Key Recommendations|