Industry Background:
In the present time, crowd control and management at public places are one of the major security concern for public safety. Considering industrial, commercial, residential, military, defense and in the government sector, there is a high possibility of entering threat. Pedestrian access control system is one of the best solutions to manage crowd, avoid and reduce the security concern. Additionally, numbers of incidents of stampedes and mobbing at high crowd places have been boosting the overall growth of the market. However, technology advancement such as facial recognition and fingerprint access is considered a key driver for the market.This growth is primarily driven by Increasing Security Concern, Increasing Adoption of Pedestrian Access Control System for sensitive sites and general public safety and Government Initiatives for Public Safety.
Globally, a noticeable market trend is evident The rising popularity of pedestrian sensors and sleep functions as it can reduce energy consumption effectively.. Major Players, such as Boon Edam, Inc. (United States), URSA Gates Ltd. (United Kingdom), Controlled Access Turnstiles (United States), APT Controls Limited (India), PERCo (Russia), SKIDATA AG (Austria), Automatic Systems SA (Belgium), Bosch Sicherheitssysteme GmbH (United States), ASSA Abloy (Sweden), Siemens (Germany), Honeywell (United States) and Digital Monitoring Products (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2015, Kaba has announced Merge with Dorma Holding (Germany) to create access titan worth of USD 2.10 billion. This merge enables cost-saving production process and distribution benefits.
In April 2016, IFSEC had launched a product for pedestrian access control system named as FirstLane 960. The product offers a compact footprint feature, electronic detection can manage 60 people per minute and others.
Market Drivers
- Increasing Security Concern
- Increasing Adoption of Pedestrian Access Control System for sensitive sites and general public safety
- Government Initiatives for Public Safety
Market Trend
- The rising popularity of pedestrian sensors and sleep functions as it can reduce energy consumption effectively.
Restraints
- Lack of Technological Awareness
- Concern about Data Privacy
Opportunities
Continuously Technology Advancement in the Field of Sensors and Event Planning Organizations and Management demands for Pedestrian Access Control System
Challenges
High Maintenance and Installation Cost for Pedestrian Access Control System
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Pedestrian Access Control Systems Study Sheds Light on
The Pedestrian Access Control Systems Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Pedestrian Access Control Systems industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Pedestrian Access Control Systems industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.