US electronic access control demand will grow 10.4 percent annually through 2009 driven by technological innovation, falling prices and relatively high crime rates. Biometrics (e.g., fingerprint and hand geometry, face and voice recognition, iris scanners) and smart cards will grow the fastest. The best market gains will come from the air transport segment.

This study analyzes the $4.4 billion US electronic access control industry. It presents historical demand data (1994, 1999 and 2004) and forecasts to 2009 and 2014 by card-based system (e.g., magnetic strip, wireless/proximity, smart, keypad/combination); by biometric systems (e.g., finger and fingerprint, facial, hand, retinal and iris, voice, signature analysis); by other product (e.g., remote keyless entry, database and system integration, software); and by market.

The study also considers market environment trends and indicators, details industry structure, evaluates company market share and profiles 35 major competitors including ASSA ABLOY, Honeywell, Lear, Tyco International, DataCard, Diebold, General Electric, Johnson Controls, and Stanley Works.

                           TABLE OF CONTENTS
                                    
  
  SECTION                                               PAGE
  
         INTRODUCTION                                                 x
  
   I.    EXECUTIVE SUMMARY                                            1
  
  II.    MARKET ENVIRONMENT                                           4
         General                                                      4
         Economic Environment                                         5
           Cyclical Trends                                            6
           Historical Trends                                          9
         Building Construction Outlook                               12
           Residential                                               14
           Nonresidential                                            16
           Building Stock                                            18
         Business Establishment Trends                               21
         Demographic & Social Environment                            23
           Demographic Trends                                        24
           Employment Outlook                                        26
         Public Safety Environment                                   28
           Crime Rates                                               30
           Violent Crime                                             31
           Property Crimes                                           32
           Terrorism & Other Nonconventional Crimes                  33
         Cost/Pricing Dynamics                                       35
         Legal & Regulatory Environment                              37
         International Environment                                   40
         World Access Control Markets                                41
         Foreign Trade                                               44
         
 III.    TECHNOLOGY                                                  46
         General                                                     46
         Electronics Overview                                        47
           Basic Concepts                                            49
           Electronic Components & Systems                           50
           Electronic Security                                       52
         Information Technology                                      55
           Computer Hardware & Software                              55
           Information Security                                      58
              Sector Outlook                                         59
              Access Control Opportunities                           60
         Systems Integration                                         62
           Security Systems Integration                              63
           Environmental Control & Building Automation               64
         Automatic Identification Technologies                       65
           Conventional                                              66
              Keypad/Combination                                     67
              Magnetic Stripe Cards                                  68
              Wireless/Proximity                                     69
              Other                                                  70
           Advanced                                                  70
              Smart Cards                                            71
              Optical Memory Cards                                   72
              Biometrics                                             73
              RFID                                                   75
         Competitive Technologies                                    75
         
  IV.    PRODUCTS                                                    78
         General                                                     78
         Card-Based Access Controls                                  81
           Magnetic Stripe                                           84
           Wireless/Proximity Cards                                  87
           Smart Cards                                               88
              Opportunities                                          90
              Threats                                                92
           Other Card-Based Systems                                  93
           Vendors                                                   95
         Keypad/Combination Access Controls                          96
         Biometric Access Controls                                   98
           Technologies                                             101
              Finger & Fingerprint Systems                          102
              Facial Recognition                                    104
              Hand Geometry                                         106
              Retinal & Iris                                        108
              Voice Recognition                                     109
              Signature Analysis                                    111
              Other Technologies                                    113
           Applications                                             114
         Access Control Software                                    116
           Opportunities                                            117
           Products & Vendors                                       118
         Other Products                                             119
           Remote Keyless Entry Devices                             120
              Opportunities                                         121
              Products                                              122
              Vendors                                               123
           Database & Systems Integration Equipment                 124
           Parts & Miscellaneous                                    125
  
   V.    MARKETS                                                    128
         General                                                    128
         Industrial                                                 131
           Sector Outlook                                           132
           Access Controls Outlook                                  135
         Government/Institutional                                   138
           Sector Outlook                                           139
           Access Controls Outlook                                  141
              National Defense                                      143
              Other Governmental                                    145
              Institutional: Health Care                            147
              Institutional: Education                              148
         Residential                                                149
           Sector Outlook                                           150
           Access Controls Outlook                                  152
         Offices & Lodging Establishments                           156
           Sector Outlook                                           156
           Access Controls Outlook                                  157
         Financial Institutions                                     160
           Sector Outlook                                           161
           Access Controls Outlook                                  163
         Trade & Distribution                                       166
           Sector Outlook                                           167
           Access Controls Outlook                                  169
         Air Transport                                              172
           Sector Outlook                                           174
           Access Controls Outlook                                  175
              US-VISIT                                              177
              TWIC                                                  178
              Registered Traveler Program                           178
              Miscellaneous Projects                                178
         Other Services                                             179
           Sector Outlook                                           180
           Access Controls Outlook                                  182
           
  VI.    INDUSTRY STRUCTURE                                         185
         General                                                    185
         Industry Composition & Market Share                        187
           Market Leaders                                           190
           Industry Segments                                        191
         Mergers & Acquisitions                                     192
         Research & Product Development                             196
         Manufacturing                                              198
         Marketing & Distribution                                   200
         Strategic Partnerships                                     203
         Company Profiles                                           212
           ADT Security Services, see Tyco International Limited       
           American Building Control, see MDI Incorporated
           Amtel Security Systems Incorporated                      213
           Applied Wireless Identifications Group Incorporated      214
           ASSA ABLOY AB                                            216
           Best Access Systems, see Stanley Works                      
           Bioscrypt Incorporated                                   222
           Bosch (Robert) GmbH                                      225
           Checkpoint Systems Incorporated                          227
           Chubb North America, see United Technologies Corporation
           Cogent Incorporated                                      230
           Cognizance Security, see Bioscrypt Incorporated
           Communication Intelligence Corporation                   232
           DataCard Corporation                                     233
           Datakey Incorporated, see SafeNet Incorporated              
           Designed Security Incorporated, see Detex Corporation       
           Detex Corporation                                        235
           Diebold Incorporated                                     236
           Drexler Technology, see LaserCard Corporation
           Edwards Systems Technology, see General Electric Company    
           Electronic Technologies Corporation, see Ingersoll-Rand
           GE Security, see General Electric Company                   
           General Electric Company                                 239
           Geoffrey Industries, see Ingersoll-Rand
           HID Corporation, see ASSA ABLOY AB                          
           Hirsch Electronics Corporation                           244
           Honeywell International Incorporated                     246
           IDenticard Systems, see General Electric Company
           Identix Incorporated                                     250
           ImageWare Systems Incorporated                           252
           Indala Corporation, see ASSA ABLOY AB                       
           Ingersoll-Rand Company Limited                           256
           Integrated Access Systems, see Ingersoll-Rand
           Integrator.com, see Stanley Works                           
           InVision Technologies, see General Electric Company         
           Iridian Technologies Incorporated                        255
           ISR Solutions Incorporated, see Stanley Works               
           Johnson Controls Incorporated                            258
           LaserCard Corporation                                    262
           Lear Corporation                                         264
           Lenel Systems International, see United Technologies
           Locknetics, see Ingersoll-Rand
           MDI Incorporated                                         265
           NAPCO Security Systems Incorporated                      267
           NexWatch, see Honeywell International Incorporated          
           Onity Incorporated, see United Technologies                 
           PAC International Limited, see Stanley Works                
           Precise Biometrics AB                                    269
           Quantum Magnetics, see General Electric Company             
           Rainbow Technologies, see SafeNet Incorporated
           Recognition Systems Incorporated, see Ingersoll-Rand
           SafeNet Incorporated                                     271
           SafeView Incorporated, see General Electric Company         
           SAFLINK Corporation                                      274
           Sagem SA, see SAFRAN Group                                  
           SAFRAN Group                                             276
           SARGENT Manufacturing Company, see ASSA ABLOY
           Securitron Magnalock Corporation, see ASSA ABLOY
           Security Group Incorporated, see Stanley Works              
           Siemens AG                                               278
           SimplexGrinnell LP, see Tyco International Limited          
           Software House, see Tyco International Limited              
           Sonitrol Corporation                                     280
           SPX Corporation                                          281
           Stanley Works                                            282
           TRW Automotive Holdings Corporation                      285
           Tyco International Limited                               286
           United Technologies Corporation                          290
           VEREX Technology, see United Technologies Corporation
           Viisage Technology Incorporated                          293
           Vindicator Technologies, see Honeywell International
         Other Companies Mentioned in Study                         296
  
    


                            LIST OF TABLES
                                   
    TABLE NUMBER        				           PAGE
  
  
         SECTION I -- EXECUTIVE SUMMARY
         Summary Table                                                3
  
         SECTION II -- MARKET ENVIRONMENT
    1    Macroeconomic Outlook                                        8
    2    Access Control Market Volatility                            11
    3    Building Construction Trends                                13
    4    Residential Building Construction Trends                    16
    5    Nonresidential Building Construction Trends                 18
    6    Building Stock Trends                                       21
    7    Business Establishment Trends                               23
    8    Demographic & Household Trends                              26
    9    Employment Trends                                           28
   10    Violent Crime                                               32
   11    Property Crime                                              33
   12    Access Control Pricing Trends                               37
   13    World Access Control Market                                 43
   14    US Foreign Trade in Access Controls                         45
  
         SECTION III -- TECHNOLOGY
    1    Electronic Product Shipments                                49
    2    Electronic Security Product Demand                          54
    3    Computer Product Demand                                     58
    4    Automatic Identification Systems Demand                     66
  
         SECTION IV -- PRODUCTS
    1    Electronic Access Control Supply & Demand                   80
    2    Card-Based Access Control Demand by Technology & Market     84
    3    Magnetic Stripe Access Control Demand                       86
    4    Wireless/Proximity Access Control Demand                    88
    5    Smart Card Access Control Demand                            90
    6    Other Card-Based Access Control Demand by Technology        95
    7    Keypad/Combination Access Control Demand by Market          98
    8    Biometric Access Control Demand by Technology              101
    9    Biometric Access Control Demand by Market                  116
   10    Access Control Software Demand by Market                   117
   11    Other Access Control Product Demand by Type & Market       120
  
         SECTION V -- MARKETS
    1    Electronic Access Control Demand by Market Sector          130
    2    Industrial Sector Indicators                               135
    3    Industrial Access Control Market by Type                   137
    4    Government/Institutional Indicators                        140
    5    Government/Institutional Access Control Market 
           by Application & Type                                    143
    6    Consumer Spending & Investment Patterns                    152
    7    Residential Access Control Market by Type                  155
    8    Office & Commercial Construction Expenditures              157
    9    Office & Lodging Access Control Market by Type             160
   10    Financial Sector Indicators                                163
   11    Financial Access Control Market by Type                    166
   12    Retail Sales Trends                                        169
   13    Trade/Distribution Access Control Market by Type           172
   14    Air Transport Indicators                                   175
   15    Air Transport Access Control Market by Type                177
   16    Service Sector Indicators                                  182
   17    Service Sector Access Control Market by Type               184
  
         SECTION VI -- INDUSTRY STRUCTURE
    1    World Access Control Sales by Company, 2004                189
    2    Selected Acquisitions & Divestitures                       194
    3    Research & Development Spending Patterns                   198
    4    Selected Cooperative Agreements                            205
         
    

                             LIST OF CHARTS
  
    CHART NUMBER                                                   PAGE
  
  
         SECTION II -- MARKET ENVIRONMENT
    1    Electronic Access Control Market Volatility, 1994-2004      11
  
         SECTION IV -- PRODUCTS
    1    Electronic Access Control Demand by Type, 2004              81
  
         SECTION V -- MARKETS
    1    Electronic Access Control Demand by Market, 2004           130
  
         SECTION VI -- INDUSTRY STRUCTURE
    1    US Electronic Access Control Market Share, 2004            190