Door Entry Systems Market Share & Market New Trends Analysis Report By Type, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2031

Market Overview and Report Coverage

Door entry systems are security systems that are installed in buildings and homes to control access through the use of electronic key cards, keypads, biometric devices, or intercoms. They provide a secure and convenient way for individuals to gain access to a building or specific areas within a building. These systems are commonly used in residential complexes, commercial buildings, schools, and hospitals.

The current outlook of the door entry systems market is positive, with increasing demand for enhanced security solutions worldwide. The market is driven by factors such as the need for improved access control solutions, rising concerns over safety and security, and technological advancements in smart home automation. The market is also influenced by the growing adoption of cloud-based access control systems and the integration of artificial intelligence (AI) and Internet of Things (IoT) technologies.

The future of the door entry systems market looks promising, with a projected CAGR of 5% during the forecasted period. This growth can be attributed to the increasing adoption of advanced security systems, the rising trend of smart city initiatives, and the growing popularity of smart home automation. The market is expected to expand further with the development of innovative biometric technologies, such as facial recognition and retina scanning, which offer higher security and convenience.

The latest trends in the door entry systems market include the integration of access control systems with video surveillance, the use of mobile apps for remote access control, and the implementation of cloud-based solutions for centralized management. Additionally, there is a rising demand for wireless door entry systems, as they offer flexibility and ease of installation.

In conclusion, the door entry systems market is experiencing steady growth, driven by the increasing need for enhanced security solutions. The market is expected to expand further in the future, with advancements in technology and the growing adoption of smart home automation. The integration of access control systems with other security technologies and the use of biometrics are expected to be major trends in the market.

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Market Segmentation

The Door Entry Systems Market Analysis by types is segmented into:

Card-based
Video/AudioSystems
BiometricSystems
Others

The Door Entry Systems market encompasses various types of technologies. Card-based systems utilize card readers to grant access, requiring individuals to present a card for entry. Video/Audio Systems employ cameras and speakers to visually and audibly verify the person and communicate before permitting entry. Biometric Systems use unique physical features like fingerprints or iris scans to authenticate individuals. Lastly, the "Others" segment includes alternative technologies such as keypad entry or proximity sensors. Each system type provides a different approach to ensuring secure access to premises.

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The Door Entry Systems Market Industry Research by Application is segmented into:

Residential
Commercial

Door entry systems are security solutions that regulate access to buildings or premises. In the residential market, these systems are commonly used to enhance home security and privacy, allowing homeowners to remotely verify visitors and control access. In the commercial market, door entry systems are crucial for securing businesses, offices, and public spaces, ensuring only authorized personnel can enter. These systems often include features like video intercoms, keyless entry, and access control, providing convenience and peace of mind for both residential and commercial users.

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In terms of Region, the Door Entry Systems Market Players available by Region are:

North America:

United States
Canada

Europe:

Germany
France
U.K.
Italy
Russia

Asia-Pacific:

China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia

Latin America:

Mexico
Brazil
Argentina Korea
Colombia

Middle East & Africa:

Turkey
Saudi
Arabia
UAE
Korea

What are the Emerging Trends in the Global Door Entry Systems market?

The global door entry systems market is witnessing several emerging trends. One such trend is the increasing adoption of smart door entry systems that utilize advanced technologies like biometrics and artificial intelligence for enhanced security and convenience. Another trend is the integration of door entry systems with other smart home devices, allowing remote access and control through smartphones or voice assistants. Moreover, the market is experiencing a shift towards wireless and IP-based door entry systems, eliminating the need for complex wiring installations. Furthermore, there is a growing demand for cloud-based door entry systems, offering scalability and remote management capabilities.

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Major Market Players

The door entry systems market is highly competitive, with several key players vying for market share. Some of the leading companies in the market include Honeywell, Johnson Controls, Dormakaba, ADT LLC, Schneider Electric, Siemens, Bosch Security, SALTO, NSC, ABB, IDEMIA, Panasonic, DDS Ltd, Southco, HID Global, Legrand, ZKTeco, Fujitsu, and Gallagher.

Honeywell is a prominent player in the door entry systems market. The company offers a range of products, including access control systems, video surveillance systems, and intruder alarm systems. Honeywell has experienced steady market growth over the years, driven by its strong product portfolio and technological advancements. The company has also been focusing on strategic acquisitions and partnerships to expand its market presence.

Johnson Controls is another notable player in the market. The company provides door entry systems that integrate with other building automation solutions. Johnson Controls has witnessed significant market growth, attributed to its reputation for reliable and innovative products. The company has also been focusing on sustainability and energy efficiency, which have become major trends in the market.

Schneider Electric is a leading provider of building management systems, including door entry systems. The company has been gaining popularity in the market due to its comprehensive solutions that integrate with other building systems. Schneider Electric has been focusing on digital transformation and IoT integration, which has been a key trend in the market. The company's market size and sales revenue have been steadily increasing over the years.

While specific sales revenue figures may not be available for all companies, it is worth noting that the door entry systems market is expected to reach a value of $10 billion by 2027, according to a report by Global Market Insights. This projected growth is driven by factors such as increasing security concerns, technological advancements, and the growing trend of smart homes and buildings.

In conclusion, the door entry systems market is highly competitive, with several key players driving its growth. Companies like Honeywell, Johnson Controls, and Schneider Electric have been at the forefront of the market, witnessing significant growth due to their innovative products and solutions. With the market expected to continue expanding in the coming years, these companies are poised to capitalize on the growing demand for advanced door entry systems.