Transparency Market Research Rising Threat to Security Continues to Drive Global Electronic Access Control Systems Market Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Sample Report Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Customization REPORT DESCRIPTION Security financial systems refers to is one of the major concerns of governments and individuals. Security concerns prompt governments, institutes, corporate and residential buildings to install better security systems. Electronic Access Control market is among the leading segments in the overall security market. Electronic Access Control system a method of using electronic or electromechanical hardware to allow restricted access into premises. Detailed Information for the Market of Electronic Access Control Systems @ http://www.transparencymarketresearch.com/electronic-access-control.html Need for better security systems to tackle fraudulence, illegal immigration, and criminal activities have propelled governments to invest in Electronic Access Control systems. According to Study of Terrorism and Responses to Terrorism (START), one of the world’s top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high-end security. Electronic Access Control systems offer certain advantages such as high accuracy, convenience, and time efficiency over other security products, which increase its attractiveness in the global security market. The global electronic access control systems market is expected to develop at a CAGR of 12.6% from 2014 to 2019. Consistency in this growth rate will allow the market to reach US$31.188 billion in 2019. The global access control systems market was worth US$15.406 billion in 2013. The key driver of the global electronic access control systems market is the growing rate of criminal activities and terror attacks on especially public and government locations. Private facilities and homes are targeted as well, making the global electronic access control systems needed in an even greater level today. There are many problems that physical lock and keys face. The fact that small items such as physical keys are easy to copy and changing a lock is the only option in case of a lost key, and a premise guarded by a physical lock cannot be remotely accessed, works in favor of electronic access control systems. Not only are electronic keys quite difficult to duplicate, one also need not change an electronic lock when an electronic key is lost, since the key’s record from the database can be immediately removed and replaced with a new one. Click for the Sample Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1827 Places where frequent personal traffic is observed, such as schools, colleges, or office entrances, locking and unlocking could become a time consuming task. Many more such benefits are afforded by electronic access control systems and the added security features, such as entry and exit logs, alarms for intrusion attempts, etc., make the concept highly effective. Companies such as Tyco International Ltd., Cisco Systems, Inc., United Technologies Corporation, and Godrej Industries Limited provide EAC systems spanning all the three categories. Global companies such as Safran SA, 3M Cogent, Inc., Panasonic Corporation, Honeywell International Inc., Hitachi Ltd., Siemens AG, and Magal Security Systems Ltd. are well known for their specialized operations in one or two EAC verticals. Regional businesses such as DigitalPersona, Inc., and Everspring Industry Co., Ltd. are also well known for their considerable business share in their respective regional markets. Request the Brochure @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1827 About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/
Security is one of the major concerns of governments and individuals. EAC systems are among the leading segments in the overall security market. The Asia-Pacific EAC systems market expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013.
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