Future Market Insights

FMI has announced Pedestrian Access Control System Market Growth, Trends, Absolute Opportunity and Value Chain 2015-2025

Future Market Insights has announced the addition of the “Pedestrian Access Control System Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.

The security concerns are something which needs urgent attention these days be it residential, commercial, and industrial, defense, or government sector. Growing threats from anti-social elements across the world need to be tackled in more sophisticated and robust manner. Pedestrian access control systems are one among the available solutions for the same. Pedestrian access control system are designed to identify and allow fast access to those who have authorized permissions. These systems are mainly used to control the flow of people at commonly visited sites.

 

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Major applications of pedestrian access control system are security entrance lanes (banks, insurance companies, office buildings, headquarters, administrative sites, and airports, governmental and institutional establishments), swing gates (sports or leisure complexes, military and nuclear sites, hospital and health centers), tripod turnstiles (universities and colleges, shopping centers, community centers, sports and leisure centers) and full height turnstiles (military, pharmaceutical, nuclear, data center and airports). Pedestrian access control system have now become critically important due to high security reasons in every part of the world. The automated pedestrian access control system continues to gain attention of big organizations. With growing need to secure data and pedestrian traffic management, these access control systems is anticipated to be the major target market in near future.

Pedestrian Access Control System Market: Drivers & Restraints

The drivers identified in pedestrian access control system are growing security concerns, crowd management, need for pedestrian and entrants’ record management, prevention of archaeological sites from physical treat, and ensuring public safety. The growing field of event management, organization of sporting events, cultural events, and mass gatherings are further driving the requirement of pedestrian access control systems. On macroeconomic view government of countries especially developing regions allocate significant share of their budget for homeland security enhancement and infrastructure. Safety regulations and push from the government side is also helping in increasing the degree of awareness among the end users. However, high implementation cost, lack of reliable communication and information processing system and security related litigations are the major setback for pedestrian access control market.

Pedestrian Access Control System MarketSegmentation

On the basis of types pedestrian access control systems market can be broadly classified into two types as:

  • Gates

  • Turnstiles

Among the above mentioned two types of pedestrian access control systems, turnstiles are the most commonly used type. It allows one way traffic of the people and only allow person with appropriate permission whether it is a ticket, an access card or inserting a coin. Turnstiles serves widest range of applications and is also suitable for verification of attendance of the number of persons present in any stadium or amusement park. Turnstiles are becoming a necessity due to new governmental and industrial regulations and hence, manufacturing and construction industries are improving the functionality and design of turnstiles to ensure its increase market share.

On the basis of major end user segments pedestrian access control systems market can be classified as:

  • Banking/Financial Services

  • IT Services

  • Hospitality

  • Retail

  • Others

Pedestrian Access Control SystemMarket: Region-wise Outlook

The marketplace for pedestrian access control systems is largely fragmented and large number of domestic and regional players exists across the globe. The market growth in developed economies for these systems is expected between 7% and 10% whereas in developing regions the growth may even exceed 15% during coming five years. With advancement in technology, increased investment in residential and commercial sectors and overall economic growth, Asia-Pacific is estimated to be the fastest growing market for pedestrian access control systems. India and china will serve as the most attractive market due to increased foreign investment and rise in crime rates.

 

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Pedestrian Access Control SystemMarket: Key Players

Some of the players identified in the pedestrian access control system market are Turnstar, Solus, PERCo, Magnetic Autocontrol Pvt. Ltd., Magnet Security & Automation System Solution, and FAAC Group.

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