Industry

EMEA Access Control Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component (Hardware, Software, and Services) and Application (Commercial, Military and Defense, Government, Residential, Healthcare, Education, Manufacturing and Industrial, and Transportation)

Report Code : 

TIPRE00017339

No. of Pages : 198
Published Month : Dec 2020
Category : Electronics and Semiconductor

The EMEA Access Control Market is expected to grow from US$ 2,849.4 million in 2019 to US$ 8,327.5 million by 2027; it is estimated to grow at a CAGR of 14.0% from 2020 to 2027.

The Germany, France, UK, Italy, Russia, UAE, Saudi Arabia, and South Africa are major economies in EMEA. Access Control is an essential solution adopted by business facilities to secure the premises with advanced access control system. It helps the origination to monitor and verify real time data for better control and results. Increasing demand for the advanced solution meeting the new physical distancing requirement such as contactless entry is accelerating the growth of EMEA market. Access Control systems helps to manage access points remotely with lesser human resources, which is helping customers to reduce the operational cost and improve security. Countries, such as Germany, France, and UK, are propelling the market growth by creating demand for advanced solutions to save cost and secure premises. For instance, in in September, 2020, ZKTeco EU introduced new access control system for European schools meeting the new temperature detection standards. Similarly, in July, 2020, Secobit and BioSec Group formed partnership to introduce biometric physical access control system for construction customers located at Germany. Such as new palm vein recognition system is introduced at construction site for contactless entry. Increasing demand for cost-saving and contactless access control solutions in Middle Eastern countries, such as UAE and Saudi Arabia, is accelerating the EMEA Access Control Market growth.

The EMEA region constitutes the leading access control software developing countries as well as manufacturing hubs across Germany and UK. Europe region virtually imposed strict lockdown and social isolation which virtually halted the manufacturing as well as production of numerous components, equipment and machinery for several weeks resulting in shrinking its economy. Moreover, the countries in region also isolated its import as well as export of critical raw materials and industrial equipment for numerous industry vertical impacting the supply chain of various end-user industries. Similarly, Middle East also imposed a nationwide lockdown to mitigate the growing number of COVID-19 cases across the country. As a result, the subsequent lockdown and disruption in production of numerous industrial instruments across Europe and MEA respectively has contributed significantly in adversely impacting the access control market growth across the EMEA region. In addition to this, the closure of several wholesalers, distributors and sales representatives also has reduced the availability of industrial products or components from other Asia-pacific based market players. The governments are taking effective action to restart the manufacturing and office operations in EMEA regions with significant distancing measures, which shows promising growth support for the market.

EMEA Access Control Market Segmentation

EMEA Access Control Market – by Component

  • Hardware
  • Software
  • Services

EMEA Access Control Market – by Application

  • Commercial
  • Military and Defense
  • Government
  • Residential
  • Healthcare
  • Education
  • Manufacturing and Industrial
  • Transportation

EMEA Access Control Market – by Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of EMEA

EMEA Access Control Market -Companies Mentioned

  • AMAG Technology
  • Assa Abloy
  • ATG Access Ltd
  • Gallagher Group Limited
  • Honeywell International Inc
  • Identiv, Inc
  • Johnson Controls, plc
  • NEC Corporation
  • Schneider Electric
  • Siemens AG

EMEA Access Control Report Scope

Report Attribute Details
Market size in 2019 US$ 2,849.4 Million
Market Size by 2027 US$ 8,327.5 Million
Global CAGR (2020 - 2027) 14.0%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Component
  • Hardware
  • Software
  • Services
By Application
  • Commercial
  • Military and Defense
  • Government
  • Residential
  • Healthcare
  • Education
  • Manufacturing and Industrial
  • Transportation
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AMAG Technology
  • Assa Abloy
  • ATG Access Ltd
  • Gallagher Group Limited
  • Honeywell International Inc
  • Identiv, Inc
  • Johnson Controls, plc
  • NEC Corporation
  • Schneider Electric
    1. AMAG Technology
    2. Assa Abloy
    3. ATG Access Ltd
    4. Gallagher Group Limited
    5. Honeywell International Inc
    6. Identiv, Inc
    7. Johnson Controls, plc
    8. NEC Corporation
    9. Schneider Electric
    10. Siemens AG
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the EMEA access control market
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the EMEA access control market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth EMEA market trends and outlook coupled with the factors driving the market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution. 
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