Market Share of Italy Access Control Industry
The Italian access control market is a semiconsolidated market with the presence of several prominent market players like Thales Group, Bosch Security System Inc., Honeywell International Inc., Schneider Electric SE, and Panasonic Corporation. Market players are striving to innovate new products by way of extensive investments in R&D, collaborations, and mergers to cater to the evolving demands of consumers.
- December 2023 - Honeywell announced its plans to improve and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for USD 4.95 billion in an all-cash transaction. The acquisition is anticipated to add three respected brands to Honeywell’s portfolio, focusing on life safety and digital access solutions, including Onity, which offers electronic locks, including mobile credentials, hospitality access, and self-storage access.
- October 2023 - Thales, a prominent global technology and security provider, announced the SafeNet IDPrimeFIDO Bio Smart Card, a security key that facilitates strong multi-factor authentication for the enterprise. This new contactless smart card is claimed to allow users to quickly and securely access enterprise devices, applications, and cloud services utilizing a fingerprint instead of a password.
Italy Access Control Market Leaders
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Thales Group (Gemalto NV)
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Bosch Security System Inc.
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Honeywell International Inc.
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Tyco International PLC (Johnson Controls)
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Allegion PLC
*Disclaimer: Major Players sorted in no particular order
