Market Share of Pin-based Access Control Industry
The pin-based access control market is fragmented, highly competitive, and consists of several players. Companies in the market continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players are Johnson Controls, HID Global Corporation, Hangzhou Hikvision Digital Technology Co. Ltd, and Thales Group.
- February 2024: Hikvision introduced its latest line of professional access control solutions, marking a notable advancement in access management. These innovations encompass enhanced web management, a range of authentication methods, specialized access applications, and integrated security solutions. Notable products in this release include the DS-K1T805 and 502 series, known for their vandal-proof design, and they offer a variety of authentication options, including PIN codes, fingerprints, and mobile credentials.
- December 2023: SALTO introduced the DBolt Touch smart deadbolt, which provides an excellent solution for enhancing mechanical deadbolt locks in multi-family residential settings. The DBolt Touch offers a retrofit option and advanced smart locking capabilities. With a variety of access control methods, it ensures a seamless and convenient keyless experience. Additionally, the DBolt Touch smart keypad reader allows residents and visitors to access the property using a PIN-based entry system.
Pin-based Access Control Market Leaders
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Johnson Controls
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Bosch Security and Safety Systems
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HID Global Corporation
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Hangzhou Hikvision Digital Technology Co., Ltd.
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Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
