Market Size of Asia-Pacific Access Control Hardware Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 8.60 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Access Control Hardware Market Analysis
The Asia-Pacific Access Control Hardware market is expected to register a CAGR of 8.6% during the forecast period.
- A security system that monitors and regulates access within a system and environment is known as an Access Control System (ACS). Based on the legitimacy of provided credentials, it assists in identifying entities that may have access to any regulated devices or facilities. An access control system is generally a physical operation used in high-security places such as data centers, government/military institutes, and other comparable establishments.
- Access control systems rely on access control panels and boards. The controller board is the primary security source in an access control system. When a user shows a credential to a reader, the data is delivered to the access control board. The access control board, which usually keeps a local copy of the user database, the user may decide on whether to approve credentials for access. The board is also linked to the access control door hardware, which activates an unlock and allows the user to enter after the credential is validated.
- Pattern recognition and biometric identification systems are mostly used for security purposes. They capture images, recordings, or measurements of an individual's features using acquisition devices such as cameras and scanning devices and then extract, encode, store, and compare these data using computer hardware and software. It is a highly reliable source identification technique used in surveillance and security operations.
- Contact smart cards are ideal for indoor, medium-throughput access control systems that require system flexibility. They are frequently employed in high-security establishments and can handle many people. Contactless smart card systems are suitable for high-security applications requiring higher throughput rates than contact smart card systems. Magnetic stripes, barcodes, and other methods can be incorporated into certain smart cards to handle access control.
- Physical access control systems are used to limit access to an area selectively. Physical control equipment often starts the access control process outside a facility's perimeter, primarily by controlling vehicular movement and pedestrian access near entrance points. For greater security applications, an access control system is maintained at building entrances for security purposes.
- Token and cipher systems are mechanical or electrical devices that allow the bearer to access a protected region after being authenticated. A token is a tangible object (such as an ID card or key fob) carried by the user for usage with the token system. Cipher locks accomplish a similar purpose by requiring a personal identification number (PIN) or code to be entered to get access.
- The COVID-19 pandemic has increased the need for access control hardware market. The COVID-19 pandemic spread made the organization to check a person's temperature using biometrics and vein recognition technology; along with that it helped in identifying people who may be contaminated with illnesses and viruses. As a result, the demand for access control systems skyrocketed during COVID-19.
APAC Access Control Hardware Industry Segmentation
The access control hardware industry is expanding as consumers become more interested in using cost-effective security systems. Furthermore, the advancement in biometrics, blockchain authentication, and other new technologies is attracting new customers to adopt access control hardware systems, which are projected to drive the access control hardware market moving forward. The Asia-Pacific Access Control Hardware Market is segmented By End-User Industry (IT and Telecom, BFSI, Defense and Aerospace, Healthcare, and Others), By Product Type (Card Reader and Access Control Devices, Biometric Readers, Electronic Locks, and Others), and By Geography (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
By Product Type | |
Card Reader and Access Control Devices | |
Biometric Readers | |
Electronic Locks | |
Others |
By End-user Industry | |
IT & Telecom | |
BFSI | |
Defense & Aerospace | |
Healthcare | |
Others |
By Geography | |
China | |
India | |
Japan | |
Australia | |
South Korea | |
Rest of Asia-Pacific |
Asia-Pacific Access Control Hardware Market Size Summary
The Asia-Pacific Access Control Hardware market is poised for significant growth, driven by the increasing need for security systems across various sectors. Access control systems, which monitor and regulate access to secure areas, are becoming essential in high-security environments such as data centers, government facilities, and military installations. These systems utilize a combination of hardware and software, including access control panels, biometric identification, and smart card technologies, to ensure only authorized personnel can access sensitive areas. The demand for these systems has been further amplified by the COVID-19 pandemic, which highlighted the need for advanced security measures to monitor health and safety. The market is characterized by the adoption of contactless biometrics and facial recognition technologies, which are being integrated into various industries, including BFSI, healthcare, and education, to enhance security and streamline access control processes.
The market's expansion is also fueled by increased government and private sector investments in security infrastructure, particularly in countries like China and India. In China, the rising threat of terrorism and the need for robust security systems are driving demand, while in India, the rapid deployment of access control systems across defense and commercial sectors is propelling market growth. The development of advanced, contactless smart card technologies and the growing use of access control systems in small and medium-sized enterprises, airports, and residential areas are expected to further boost the market. Key players in the industry, such as Honeywell and IDEMIA, are actively enhancing their offerings through strategic partnerships and technological innovations, ensuring the Asia-Pacific Access Control Hardware market remains competitive and dynamic.
Asia-Pacific Access Control Hardware Market Size - Table of Contents
-
1. MARKET INSIGHTS
-
1.1 Market Overview
-
1.2 Industry Attractiveness - Porter's Five Forces Analysis
-
1.2.1 Bargaining Power of Suppliers
-
1.2.2 Bargaining Power of Buyers
-
1.2.3 Threat of New Entrants
-
1.2.4 Intensity of Competitive Rivalry
-
1.2.5 Threat of Substitutes
-
-
1.3 Impact of COVID-19 Analysis
-
1.4 Market Drivers
-
1.4.1 Increasing adoption of access control hardware system to manage terrorist attacks and organized crime
-
1.4.2 Growing demand for implementation of Facial Reorganization and Biometric Systems
-
-
1.5 Market Restraints
-
1.5.1 Intense Competition in the Market
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Product Type
-
2.1.1 Card Reader and Access Control Devices
-
2.1.2 Biometric Readers
-
2.1.3 Electronic Locks
-
2.1.4 Others
-
-
2.2 By End-user Industry
-
2.2.1 IT & Telecom
-
2.2.2 BFSI
-
2.2.3 Defense & Aerospace
-
2.2.4 Healthcare
-
2.2.5 Others
-
-
2.3 By Geography
-
2.3.1 China
-
2.3.2 India
-
2.3.3 Japan
-
2.3.4 Australia
-
2.3.5 South Korea
-
2.3.6 Rest of Asia-Pacific
-
-
Asia-Pacific Access Control Hardware Market Size FAQs
What is the current Asia-Pacific Access Control Hardware Market size?
The Asia-Pacific Access Control Hardware Market is projected to register a CAGR of greater than 8.60% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Access Control Hardware Market?
Honeywell International India Pvt. Ltd, Johnsoncontrols, Robert Bosch GmbH, Gemalto N.V. (Thales Group S.A.) and IDEMIA ltd. are the major companies operating in the Asia-Pacific Access Control Hardware Market.