QY Research has recently published a report on the niche yet rapidly growing market, titled, “Global Door Entry Systems Market Research Report, Growth Trends and Competitive Analysis (2019-2025),” for the projected period of 6-years, i.e. between 2019 and 2025. According to this report, the global door entry systems market is expected to show exponential Compound Annual Growth Rate during the projected period.
The commercial vertical is the largest adopter of door entry systems systems. In this vertical, commercial premise such as enterprises and data centers, banks and financial centers, hotels, retail stores and malls, and entertainment areas have been considered. These places require door entry systems systems for protecting people and assets by preventing unauthorized access. The demand for door entry systems systems is increasing since they reduce the need for manned security significantly, thereby reducing security expenditure. These factors are encouraging commercial and service organizations to adopt door entry systems systems to protect people and property. Market in APAC expected to grow significantly during forecast period
The door entry systems market in APAC is expected to grow at the highest CAGR during the forecast period. Factors driving the growth of the market in this region include growing industrialization, commercialization, and high demand for security systems. Also, rising terror threats and crime rates in APAC countries and low police officer to population ratio are expected to support the high demand for door entry systems systems in APAC. China accounted for the largest share of the door entry systems market in APAC in 2018. Increased terror threats and growing government spending to enhance security are some of the key factors driving the growth of the door entry systems market. The growing economy of China also creates a significant requirement for security systems. Large population, increasing investments for digitalization, significant R&D, and increasing industrialization in APAC would drive the adoption of security systems.
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In 2019, the market size of Door Entry Systems is 7582.4 million US$ and it will reach 13500 million US$ in 2025, growing at a CAGR of 8.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Key Players Mentioned in the Global Door Entry Systems Market Research Report: Honeywell, Johnson Controls, Dormakaba, ADT LLC, Schneider Electric, SIEMENS, BOSCH Security, SALTO, NSC, ABB, IDEMIA, Panasonic, DDS Ltd, Southco, HID Global, Legrand, ZKTeco, Fujitsu, Gallagher
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Door Entry Systems.
This report studies the global market size of Door Entry Systems, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Door Entry Systems production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
Market Segment by Product Type
Market Segment by Application
Key Regions split in this report: breakdown data for each region
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