Wireless Door Control System Market - Introduction
Wireless door control systems employ electronic means to provide access to authorized users. They use transmitters to send radio frequency (RF) signals to receivers, attached to doors. Wireless door control system also use various inputs, such as thumb impressions, codes, and facial recognitions, to provide access to people. This provides high level of control and security to users.
The usage of Wi-Fi has become inevitable in today’s era in home appliances as well as commercial establishments. Conventional locking systems are being replaced with new wireless electronic locks; multiple wireless devices and locks are linked to communicate with each other. These devices facilitate access through remote areas, ensuring better security and flexibility to users. Application areas of these devices include households; and commercial and public premises.
Increase in need for security in commercial buildings and offices is a vital factor driving the market. Constant rise in demand for smart homes in developed countries is another factor expected to fuel the demand for wireless door control system.
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Wireless Door Control System Market – Competitive Landscape
ASSA ABLOY Inc.
Incorporated in 1994, ASSA ABLOY AB is headquartered in Stockholm, Sweden. The company is one of the global leaders providing access solutions for institutional, commercial, and residential clients. Its offerings include mechanical and electromechanical locking, access control, identification technology, entrance automation, security doors, hotel security, and mobile access.
dormakaba Holding AG
Incorporated in 1862, dormakaba Holding AG has an employee base of 16,000. It is headquartered in Rümlang, Switzerland. dormakaba Holding AG has operations in more than 130 countries across the globe. The company’s products and solutions include door hardware, entrance systems, electronic access and data, mechanical key systems, lodging systems, safe locks, interior glass systems, and movable walls.
Salto Systems S.L.
Established in 2001, Salto Systems S.L. is headquartered in Spain. The company operates in nearly 29 countries across the globe. It products are used in various industries including commercial, education, government, health care, hospitality, leisure & entertainment, and transportation.
Incorporated in 1885, Johnson Controls is headquartered in Cork, Ireland. The company offers products and services to industries such as education, government, residential, health care, transportation, and data centers. It operates in more than 2000 locations worldwide, and has an employee base of 105,000 across the globe.
Honeywell Security Group
Founded in 1929, Honeywell Security Group is one of the subsidiaries of Honeywell International Inc. The company’s product offerings include access control systems, video systems, integrated security, and intrusion. Honeywell Security Group has customer base in various industries such as airport, critical infrastructure, health care, hospitality, and retail.
Other key players operating in the Wireless door control system market include Bosch Security System, Godrej & Boyce Manufacturing Company, Cansec System, Altman Integrated Technologies, and Nortek Security and Control LLC.
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Wireless Door Control System Market –Dynamics
Increase in Need for Security in Commercial Industry
Rise in need for security and safe access to authorized people is one of the factors expected to fuel the demand for wireless door control systems. The market is witnessing a shift toward the usage of wireless door lock technologies due to the increase in rate of thefts in the commercial industry.
Rise in Demand for Smart Homes in Developing Countries
Demand for smart devices has been rising in developing countries, due to the increase in awareness about safety and improvement in standard of living. The trend of smart home concept is also rising. This is estimated to fuel the Wireless door control system market.
High Cost of Installation and Maintenance
The cost involved in installation of wireless door control system is 30% to 35% higher than that for conventional door lock methods. This is one of the key factors hampering the market. However, companies are striving to lower the prices of these systems.
Wireless Door Control System Market – Segmentation
The Wireless door control system market can be segmented based on:
Wireless Door Control System Market Segmentation – By Application
Based on application, the Wireless door control system market can be divided into:
Wireless Door Control System Market Segmentation – By Component
In terms of component, the Wireless door control system market can be segregated into:
- Door Position Switch
- Exit Button
- Electric Door Strike
- Others(Transmitters, receivers, wires)
The report on the Wireless door control system market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The Wireless door control system market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on the Wireless door control system market segments and geographies.
Regional analysis of the Wireless door control system market includes:
- North America
- Middle East & Africa (MEA)
- Asia Pacific
- South America
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.