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Access Control Reader Market Share

Report ID: GMI8981
Published Date: Apr 2024
Report Format: PDF

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Access Control Reader Market Share

ASSA ABLOY AB and Dormakaba Holding AG hold a significant share of over 10% in the access control reader industry. ASSA ABLOY AB is a leading player in the access control reader industry, renowned for its comprehensive range of innovative and secure access solutions. The company offers a variety of readers, including biometric, RFID, and smart card technologies, catering to diverse security needs across commercial, residential, and institutional sectors globally. ASSA ABLOY's commitment to quality, innovation, and sustainability solidifies its standing in the market.

Dormakaba Holding AG is a prominent entity in the access control reader market, offering an extensive portfolio of security solutions tailored for a wide range of applications. Their products include advanced biometric readers, electronic keypads, and RFID technologies designed to enhance security for commercial, industrial, and institutional environments. Dormakaba’s focus on innovation, reliability, and integration capabilities positions it as a trusted leader in access control.

Access Control Reader Market Companies

Major companies operating in the access control reader industry are:

ASSA ABLOY AB
Dormakaba Holding AG
Allegion PLC
Identiv, Inc.
IDEMIA
Suprema Hq Inc.
Nedap N.V.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of access control reader reached USD 4.5 billion in 2023 and is set to grow at 13.5% CAGR between 2024 and 2032, propelled by expansion of smart cities and urban infrastructure.

The biometric reader type segment held a decent share in 2023 and is poised to witness 5% CAGR till 2032, owing to its unmatched security.

North America access control reader industry held a revenue share of over 30% in 2023 and is set to expand rapidly by 2032, driven by technological advancements and innovation.

ASSA ABLOY AB, Dormakaba Holding AG, Allegion PLC, Identiv, Inc., IDEMIA, Suprema Hq Inc., Nedap N.V among others.