Global
Vehicle Access Control Market Size,Trends, study, and Regional Forecasts
2019-2026
Global
Vehicle Access Control Market
Global Vehicle Access Control Market is valued
approximately USD 8.7 billion in 2018 and is anticipated to grow with a healthy
growth rate of more than 11.2% over the forecast period 2019-2026. The Vehicle
Access Control is an electronic system designed to control the movement of
vehicles through a facility or area. The rapid demand of vehicle access control
is due to the demand and awareness for strong security and safety measures.
This influence the companies all over the world to adopt advanced technology
based security solutions, This is a key factor driving the vehicle access
controls system market globally. Vehicles have become an essential and
necessary part of day to day activities of any business. Increasing crime rate
is another factor boosting the vehicle access control system market globally.
However, tracking and monitoring movement of vehicles in and out of locations
has become essential. These systems are integrated with entrance automation
equipment such as CCTV, barriers, license plate recognition LPR /automatic
number plate ANPR , RFID long range readers, RFID controllers, video
management, smart cards, biometrics, and specialized windshield long-range
tags, to provide hassle-free vehicle management. It also helps in enrollment,
mapping & authentication of vehicles, owners, drivers & helpers. It
helps in optimizing space & inculcating security. Change in lifestyle has
led automotives to become a crucial component of today’s world, has led the
rise of this market over the forecast period of 2019-2026.
The regional analysis of global Vehicle Access Control Market is considered for
the key regions such as Asia Pacific, North America, Europe, Latin America and
Rest of the World. The North America is the leading region across the world..
Whereas, North America is also anticipated to exhibit highest growth rate /
CAGR over the forecast period 2019-2026. Factors such as rising in crime rate,
adoption of advanced technology, fast transportation means etc would create
lucrative growth prospects for the Vehicle Access Control Market across North
American region.
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Major
market player included in this report are:
Denso Corporation
Valeo
Continental AG
Robert Bosch
Mitsubishi Electric
Johnson Electric
Lear Corporation
Naunce Communication
Synaptics Incorporated
Fingerprint Cards AB
The objective of the study is to define market sizes of different segments
& countries in recent years and to forecast the values to the coming eight
years. The report is designed to incorporate both qualitative and quantitative
aspects of the industry within each of the regions and countries involved in
the study. Furthermore, the report also caters the detailed information about
the crucial aspects such as driving factors & challenges which will define
the future growth of the market. Additionally, the report shall also
incorporate available opportunities in micro markets for stakeholders to invest
along with the detailed analysis of competitive landscape and product offerings
of key players. The detailed segments and sub-segment of the market are
explained below:
By
Type:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
By
Technology Outlook:
Biometric
Non-Biometric
Near Field Communication NFC
Bluetooth
Radio Frequency Identification RFID
Wi-Fi
By
Application Outlook:
Traffic Management
Sensitive Sites/Facilities/Zones
Toll Ways, Commercial Building
Residential Buildings
Others
By
Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the
study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Vehicle
Access Control Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
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