China Access Control Market Size
| Study Period | 2022 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.23 Billion |
| Market Size (2029) | USD 1.95 Billion |
| CAGR (2024 - 2029) | 9.61 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Access Control Market Analysis
The China Access Control Market size is estimated at USD 1.23 billion in 2024, and is expected to reach USD 1.95 billion by 2029, growing at a CAGR of 9.61% during the forecast period (2024-2029).
The market's growth is driven by the increasing demand for security applications such as biometric readers, card readers, electronics locks, and others across the residential, commercial, and other end-user industries. The rising adoption of contactless payments post-COVID-19 pandemic further accelerated market growth. Biometric readers enable the authentication of payments without contact and without a physical card. It makes payment more secure and convenient.
Primarily owing to the rapidly growing security concerns, coupled with the increasing crime rates in the country, access control solutions are increasingly being deployed in data centers, office premises, hotels, entertainment stores, retail stores, government institutions, and banks in China.
Factors such as the increasing installation of these systems across the commercial and defense sectors have been instrumental in driving market growth in the country. Various private and government entities are significantly investing in enhanced security systems for data protection and providing a safer and more secure environment for employees.
One of the biggest threats to e-commerce globally is online fraud. According to the China Ministry of Public Safety, from January to November 2023, 391,000 cases of telecom fraud and online fraud were solved. The GSMA, channel partners, and mobile operators are focused on addressing online crime through the initial launches of the GSMA's Open Gateway API. For instance, in 2024, China's leading mobile operators, including China Telecom, China Mobile, and China Unicom, launched the One Time Password (OTP) Application Programming Interface after getting GSMA Open Gateway certification. With the growing number of credit card frauds and bank frauds and increased adoption of mobile payments, telecom operators are focusing on increasing security.
The higher cost of the initial deployment of smart access control systems may restrict market growth. It also takes more time to initiate a code, and biometric systems have a very high incidence of system failure. Lack of technical knowledge and failure of the system due to network loss further hamper market growth.
China Access Control Market Trends
Biometric Readers are Expected to Witness Remarkable Growth
Crime and terrorism rates are rising, forcing governments to enact strict security measures in all their jurisdictions. The adoption of electronic access control systems is likely to remain high due to the growing requirement for securing the sensitive projects and information of numerous government organizations and intelligent bureaus. The requirement to protect residential and commercial projects from terrorism also contributes to the market's expansion.
The increasing requirement for high-quality access systems, reduced costs, and the increasing functionality of biometric systems are driving growth in the market. These systems also offer other key benefits, which include increased productivity and elimination of system inaccuracies, tracking excessive overtime, enabling multifactor authentication, and multi-nodal authentication (i.e., use of multiple data enrollments).
Banking and financial institutions are actively implementing biometric readers to prevent fraud, quickly authenticate banking customers, track and monitor customer activity, and provide a safe banking experience to users. The increase in identity thefts in the country drives the demand for biometric readers and smart card-based access control systems.
With the fingerprint reader being the most widely used biometric reader device, recent innovations in biometrics technology are facilitating the development of innovative access control systems, including facial recognition, temperature measurement, etc. Many major companies are releasing biometric scanners with increasingly better enhancements and technologies.
The rapid improvement in sensing technology and continuous growth in the development of biometric sensors increase the capability of biometric readers, making them a more advanced authentication solution. Shenzhen Goodix Technology Co. Ltd, a Chinese semiconductor manufacturer, developed an ultrasonic fingerprint biometrics sensor for faster authentication. Such developments in technology and components will accelerate the demand for biometric readers.
The favorable policies and the advent of IoT have laid a foundation in the country. According to GSMA estimates, the country may account for approximately 4.1 billion IoT connections by 2030, almost one-third of the entire global IoT connections by 2025. Initiatives such as Smart Cities Projects, the National New-type Urbanization Plan, and the Made in China 2025 strategy are expected to fuel China's access control market.
The Commercial End-user Vertical Holds a Significant Market Share
Access control systems have emerged as the preferred way to manage access to a commercial building, office, or business. These systems significantly improve property security and convenience across offices, businesses, and other commercial properties. Rising instances of employee thefts also create significant demand for these systems.
With the advancements in wireless technology, wireless hardware components are able to cater to the growing demand for physical security, such as wireless locks and wireless controllers, thereby minimizing the usage of physical cables and conduits. Also, the growing adoption of cloud technology services reduces the requirement for servers and software, further reducing the time and cost of installing physical devices in the long run and facilitating secure remote access.
Biometrics is one of the most commonly deployed systems in a wide variety of commercial applications. Biometrics has existed at the periphery of access control technology for decades, limited by high costs, accuracy issues, privacy concerns, etc. However, with the decline in prices, improving quality, and privacy concerns, it has become a viable access control technology in recent years. The increased network bandwidth and 5G evolution accelerated the demand for contactless and smart access control systems.
In October 2023, Thales launched a new smart card, SafeNet IDPrime FIDO Bio, a security card that has strong multi-factor authentication. The new contactless smart card enables users to securely and quickly access enterprise applications, devices, and cloud services with a fingerprint instead of a password. The smart card enhances the adoption of passwordless multi-factor authentication, enabling customers to authenticate and enroll using biometrics.
China Access Control Industry Overview
The Chinese access control market is highly competitive and comprises global and regional players striving for a larger share in a fiercely contested space. Despite the high barriers to entry, several new entrants have successfully made a mark in the market. Some of the notable players include Hikvision, Thales Group (Gemalto NV), Bosch Security System Inc., and Honeywell International Inc..
- February 2024: Hikvision launched professional access control products, representing a major leap forward in access management and consisting of innovations for web management, professional access applications, flexible authentication, and unified and converged security solutions.
- November 2023: Nidec Instruments Corporation launched a card reader to meet the latest Version 6 of the Payment Card Industry PIN Transaction Security Point Of Interaction (PCI PTS POI ) mandated by the PCI Security Standards Council (PCI SSC).
China Access Control Market Leaders
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Bosch Security System Inc.,
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Thales Group
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Kaadas Group
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Allegion PLC
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Idemia Group
*Disclaimer: Major Players sorted in no particular order
China Access Control Market News
- March 2024: TCL launched a smart door lock in China, the K9G Plus, consisting of a 4.5-inch inner touchscreen, dual cameras, 3D structured light for face recognition, and a long-lasting battery.
- September 2023: Kaadas Group added a new smart lock to the Kaadas electronic and smart lock solutions. The KA227-V Wi-Fi Video Doorbell Smart Deadbolt Lock with dual fingerprint sensors and two new Z-Wave smart lock models, KA210A and KA210, was showcased for the professional residential market.
China Access Control Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Impact of COVID-19 Aftereffects and Other Macroeconomic Factors on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Adoption of Access Control Systems owing to Rising Crime Rates and Threats
5.1.2 Technological Advancements
5.2 Market Challenges
5.2.1 Operational and ROI Concerns
6. TECHNOLOGY SNAPSHOT
6.1 Evolution of Access Control Solutions
6.2 Comparative Analysis of RFID and NFC Technology
6.3 Key Technological Trends
7. MARKET SEGMENTATION
7.1 By Type
7.1.1 Card Reader and Access Control Devices
7.1.1.1 Card-based
7.1.1.2 Proximity
7.1.1.3 Smart Card (Contact and Contactless)
7.1.2 Biometric Readers
7.1.3 Electronic Locks
7.1.4 Software
7.1.5 Other Types
7.2 By End User Vertical
7.2.1 Commercial
7.2.2 Residential
7.2.3 Government
7.2.4 Industrial
7.2.5 Transport and Logistics
7.2.6 Healthcare
7.2.7 Military and Defense
7.2.8 Other End-user Verticals
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles*
8.1.1 Thales Group (Gemalto NV)
8.1.2 Bosch Security System Inc.
8.1.3 Honeywell International Inc
8.1.4 Tyco International Plc (Johnson Controls)
8.1.5 Allegion PLC
8.1.6 ASSA ABLOY AB Group
8.1.7 Schneider Electric SE
8.1.8 Panasonic Corporation
8.1.9 Brivo Systems, LLC
8.1.10 NEC Corporation
8.1.11 Idemia Group
8.1.12 Axis Communications AB
9. 9. INVESTMENT ANALYSIS
10. 10. FUTURE OF THE MARKE
China Access Control Industry Segmentation
Access control products allow the end users to authenticate the personnel accessing an organization's physical infrastructure. Securing a location, such as a building, parking lot, or office space, is known as physical access control. The study tracks the revenue accrued through the sale of access control hardware and software by various players in China. The study also tracks the key market parameters, underlying growth influencers, and major vendors, supporting market estimations and growth rates over the forecast period. The study further analyses the overall impact of COVID-19 aftereffects and other macroeconomic factors on the market.
The Chinese access control market is segmented by type (card reader & access control devices (card-based, proximity, and smart card (contact and contactless)), biometric readers, electronic locks, and software) and end-user vertical (commercial, residential, government, industrial, transport & logistics, healthcare, and military & defense). The market sizes and forecasts are provided in terms of value (USD) for all the segments.
| By Type | |||||
| |||||
| Biometric Readers | |||||
| Electronic Locks | |||||
| Software | |||||
| Other Types |
| By End User Vertical | |
| Commercial | |
| Residential | |
| Government | |
| Industrial | |
| Transport and Logistics | |
| Healthcare | |
| Military and Defense | |
| Other End-user Verticals |
China Access Control Market Research FAQs
How big is the China Access Control Market?
The China Access Control Market size is expected to reach USD 1.23 billion in 2024 and grow at a CAGR of 9.61% to reach USD 1.95 billion by 2029.
What is the current China Access Control Market size?
In 2024, the China Access Control Market size is expected to reach USD 1.23 billion.
Who are the key players in China Access Control Market?
Bosch Security System Inc.,, Thales Group, Kaadas Group, Allegion PLC and Idemia Group are the major companies operating in the China Access Control Market.
What years does this China Access Control Market cover, and what was the market size in 2023?
In 2023, the China Access Control Market size was estimated at USD 1.11 billion. The report covers the China Access Control Market historical market size for years: 2022 and 2023. The report also forecasts the China Access Control Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Access Control Industry Report
Statistics for the 2024 China Access Control market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Access Control analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
