Market Share of China Access Control Industry
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
