Pedestrian Entrance Control Systems Market 2022
The global Pedestrian Entrance Control Systems Market is likely to move along the explicit curve in the near future. The semiconductor vertical is expected to see highly strategic consolidation in the next 10 years. Several mergers are happening with the objective of strengthening portfolios for driving market alignment. This would be the gist of the semiconductor vertical going forward.
The global pedestrian entrance control systems market will see a strong CAGR of 7% during the forecast period (2019 – 2029).
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Increasing use of smart applications such as biometrics and card-based pedestrian entrance control systems continue to add value to the security measures of businesses. While it also helps companies with enormous indirect data collection about employees, it primarily warrants high-level security that contributes towards efficient businesses. As per the findings of a new Persistence Market Research (PMR) report, as adoption of Internet of Things (IoT) continues to reach new heights, sales of new-age security aids such as pedestrian entrance control systems will also witness a significant hike.
Demand for installation of high-security entrance gates with intelligent pedestrian entrance control systems is witnessing rapid demand at airports, educational institutions, and government buildings.
Key Players:
The report has profiled some of the Important players prevalent in the global like – SKIDATA AG, Godrej Security Solutions, Neptune Automatic Pvt. Ltd., Advance Systems Access Control, Classic Access Control Pte Ltd and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Pedestrian Entrance Control Systems.
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Key Takeaways – Pedestrian Entrance Control Systems Market Study
- Strict regulations by U.S. government, such as HIPAA compliance and SOC2 compliance for access controls are anticipated to drive growth of the pedestrian entrance control systems market during the forecast period
- Growing preference for automatic systems over traditional systems is expected to benefit the automatic operating mode segment
- Owing to growing security concerns, the airports segment is projected to be the most attractive in the global pedestrian entrance control systems market during the forecast period
- High initial cost of implementation of systems is hindering growth of the pedestrian entrance control systems market
- Asia Pacific excluding Japan (APEJ) is expected to be a key region in the pedestrian entrance control systems market. Moreover, India is expected to exhibit a soaring CAGR during the forecast period
Owing to increasing thefts or burglaries across the residential sector, high demand for enhanced security entry control systems has been witnessed from end users. This will help market players gain an edge in terms of innovation, in the residential sector, further favoring growth of the pedestrian entrance control systems market.
Product Innovation Focused on Improved Solutions with High Capability
Companies in pedestrian entrance control systems market have started investing more in speeding up the process of product development and innovation. Companies are following this strategy to update its products and stay ahead of other key players in the pedestrian entrance control systems market.
- In November 2019, PERCo launched a new IP-based turnstile for entrance control management. The key feature of this new pedestrian entrance control system is its operation with HID/EMM/MIFARE proximity cards, thus all identifiers types can be used by visitors or employees at the same time.
- In June 2019, Royal Boon Edam International B.V., announced update of its popular pedestrian entrance control system named Tourniket revolving door. As part of an effective protection package option, this update includes automated and advanced burglar resistance class 3 shield doors.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Pedestrian Entrance Control Systems Market Manufacturers
Pedestrian Entrance Control Systems Market Distributors/Traders/Wholesalers
Pedestrian Entrance Control Systems Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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