China Access Control Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Value, Segmentation & COVID-19 IMPACT

China Access Control Market | Country-Wise Share and Competition Analysis

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 - Export Market OpportunitiesTopics Covered in the China Access Control 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.

Latest (2023) Development of the China Access Control Market

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 Synopsis

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. 

Key Players in the China Access Control Market

The China Access Control Market has several leading players competing for market share. Some of them include; 

• Hikvision Digital Technology Co., Ltd.
• Dahua Technology Co., Ltd.
• Anviz Global Inc.
• Suprema Inc.
• Assa Abloy AB
• Allegion plc
• Axis Communications AB 

Market Analysis by Access Control Market Types

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.

Market Analysis by Applications

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. 

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2018.
• Base Year: 2018.
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• China Access Control Market Overview
• China Access Control Market Outlook
• China Access Control Market Forecast
• Historical Data of China Access Control Market Revenues & Volume for the Period 2015-2018
• China Access Control Market Size and China Access Control Market Forecast of Revenues & Volume, Until 2025
• Historical Data of China Access Control Market Revenues & Volume, by Types, for the Period 2015-2018
• Market Size & Forecast of China Access Control Market Revenues & Volume, by Types, Until 2025
• Historical Data of China Access Control Market Revenues & Volume, by Applications, for the Period 2015-2018
• Market Size & Forecast of China Access Control Market Revenues & Volume, by Applications, Until 2025
• Historical Data of China Access Control Market Revenues & Volume, by Regions, for the Period 2015-2018
• Market Size & Forecast of China Access Control Market Revenues & Volume, by Regions, Until 2025
• Market Drivers and Restraints
• China Access Control Market Price Trends
• China Access Control Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• China Access Control Market Share, By Players
• China Access Control Market Share, By Regions
• China Access Control Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The China Access Control Market report provides a detailed analysis of the following market segments:

By Access Control Market Types

• Card Reader Access Control System
  • Contact Card
  • Contactless Card
• Biometric Access Control System
  • Fingerprint
  • IRIS
  • Others

By Applications

• Banking and Financials
• Government and Transportation
• Retail and logistics
• Commercial offices
• Industrial and Manufacturing
• Residential
• Hospitality and Healthcare
• Educational Institutions
• Others

By Regions

• Beijing
• Guangzhou
• Shanghai
• Shenzhen
• Rest of China

China Access Control Market: FAQs