The Global Electronic Access Control systems market to reach an estimated value of USD 31,187.8 million in 2019

ALBANY, New York -- MarketResearchreports.biz presents this most up-to-date research on The Global Electronic Access Control systems market to reach an estimated value of USD 31,187.8 million in 2019: Market Size, Trends, and Forecasts Research Report.

Security is one of the major concerns of governments and individuals. Security concerns prompt governments, financial institutes, corporate and residential buildings to install better security systems. Electronic Access Control systems market is among the leading segments in the overall security market. Electronic Access Control system refers to a method of using electronic or electromechanical hardware to allow restricted access into premises. Rising terrorist attacks, vandalism, and violence in public places such as city centers and educational institutions are some of the factors leading to increasing demand for Electronic Access Control systems market.

Need for better security systems to tackle fraudulence, illegal immigration, and criminal activities have propelled governments to invest in Electronic Access Control systems. According to Study of Terrorism and Responses to Terrorism (START), one of the world's top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high-end security. Electronic Access Control systems offer certain advantages such as high accuracy, convenience, and time efficiency over other security products, which increase its attractiveness in the global security market.

Governments and private sector across the globe are investing in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are further expected to increase demand for Electronic Access Control systems market in order to attain better security levels.

The report covers in-depth Electronic Access Control systems market analysis, by process segment (authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system)) and end-user segment (government, commercial, industrial and residential) for the period from 2009 to 2019. In addition, the current Electronic Access Control systems market dynamics including the drivers, restraints, opportunities and recent developments have been captured throughout the report. Electronic Access Control systems market for each of the three regions, North America, Europe and Asia-Pacific includes historical and forecasted market sizes (2009-2019), in terms of value (USD million).

Electronic intelligent controllers underline automatic control and computer technology as the core, as well as integrate microelectronics with electronic and electrical technology, for the purpose of improving efficiency, precision and intelligence of electrical equipment.

In recent years, the development of electronic technology and people's pursuit for intelligence has boosted the rapid development of the electronic intelligent controller industry. In 2013, the global intelligent controller industry realized the sales of approximately USD1.0711 trillion, representing a year-on-year increase of 20%; wherein, China achieved about USD133.7 billion (USD1 = RMB6.2), up 21% year on year, equivalent to 12% of the world.

Automotive electronics, electric tools & industrial equipment and household appliances act as three major application fields of electronic intelligent controllers, contributing 20%, 16% and 13% to China's electronic intelligent controller sales in 2013.

The electronic intelligent controllers made in China not only meet the domestic demand, but also are exported to foreign markets. In 2013, China exported about 90.71 million sets of electronic intelligent controllers valued about USD1.6 billion. The United States, Japan and Hong Kong were major export destinations, occupying 20%, 11% and 10% of China's export volume in 2013.

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