Access Controls in the US by Product and Market

Access Control Sales Driven by Both New Construction and Upgrades

Sales of access control systems in the US will be driven by:

• rising new construction activity, which will support sales of new systems as the number of potential end users expands

• demand for upgrades as newer technologies are adopted, particularly as interest in multi-credential and interoperable systems continues to rise

• declining product costs, which make higher security systems more affordable to a wider variety of end users

Faster gains will be limited to a certain extent by the balance between end users’ perceived risk of and their willingness to invest in access control systems. Even as biometric technology comes down in price, the cost of these systems still outweighs the needs of all but the highest security locations. Similarly, lower cost, more basic electronic systems compete with mechanical locks, which provide similar levels of security at a lower cost.

Key Findings in the Access Controls Study:

Mobile and Other Multi-Credential Systems Provide Opportunities for Growth

Gains will result from the increasing trend toward systems that incorporate multiple credentials in one system. Multi-credential systems minimize the risk of access by unauthorized individuals by requiring verification of more than one of the following:

• who they are (e.g., fingerprint, retinal)

• what they have (a card, fob, or mobile credential)

• what they know (a passcode)

The use of mobile credentials has seen particularly strong gains in a variety of settings, including lodging establishments, offices, universities, and some government facilities. The use of these systems has provided a particular boost to sales of the higher value card-based and biometric segments, since most multi-credential systems incorporate at least one of these technologies and are classified here by the most secure technology.

Construction Activity and Shift Toward Newer Technologies Drives Demand in Key Markets

Through 2021, gains will be particularly strong in markets where at least one of two key trends is taking place:

• strong new construction activity, resulting in demand for new installations

• increasing adoption of newer, higher value technologies, which will spur upgrade demand

For example, accelerating construction activity in healthcare and education facilities will result in above average increases in new access control system sales for both markets. Sales to the government market are also expected to be above the industry average, boosted by a shift within the Department of Defense toward higher security biometric readers.

Study Coverage

This study presents historical demand data (2006, 2011 and 2016) and a forecast (2021) by product (biometric, card-based, keypad/combination) and market (trade and distribution, government, financial, educational, industrial, services, healthcare, air transport, offices, consumer, lodging, other nonresidential). The study also evaluates company market share and competitive analysis on industry competitors including Allegion, ASSA ABLOY, Robert Bosch, dorma+kaba, Honeywell International, Johnson Controls, OT-Morpho, and United Technologies.

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Table of Contents

EXECUTIVE SUMMARY

OVERVIEW

Key Findings

Trends in Reported versus Perceived Crime Risk

Overview

Concern About Crime by Age

Concern About Crime by Consumer Type

Regulatory Environment

Pricing Dynamics

Foreign Trade

PRODUCTS

Key Findings

Demand by Type

Access Control: Credentials

Access Control: Demand Forecast

Key Characteristics by Product Type

Biometric

Biometric: Product Description

Biometric: Key Characteristics

Biometric: Demand Forecast

Biometric: Demand by Technology

Finger & Hand

Iris & Eye

Face Recognition

Other Technologies

Suppliers

Card-Based

Card-Based: Product Description

Card-Based: Key Characteristics

Card-Based: Demand Forecast

Card-Based: Demand by Technology

Wireless/Proximity

Smart Cards

Magnetic Stripe

Other Technologies

Suppliers

Keypad/Combination

Keypad/Combination: Product Description

Keypad/Combination: Demand Forecast

MARKETS

Key Findings

Demand by Market

Government

Financial Institutions

Industrial

Industrial Market: Demand Forecast

Manufacturing Facilities

Other

Offices

Trade & Distribution

Trade & Distribution Market: Scope

Trade & Distribution Market: Demand Forecast

Retail

Warehouse

Other

Healthcare

Services

Services Market: Scope

Services Market: Demand Forecast

Public Venues

Casino Gaming

Other

Air Transport

Lodging

Educational

Consumer

Other Nonresidential

Other Nonresidential: Market Scope

Other Nonresidential: Demand Forecast

INDUSTRY STRUCTURE

Key Findings & Industry Composition

Market Share

Research & Product Development

Manufacturing

Marketing & Distribution

Mergers & Acquisitions

Cooperative Agreements

List of Participating Companies

APPENDIX

Scope

Methodology

Sources

Associations & Agencies

Related Freedonia Group Studies

Definitions

Abbreviations

Macroeconomic Assumptions

Economic Environment

Demographic Trends

Building Construction Outlook

Residential Building Construction

Nonresidential Building Construction

Building Stock Trends

Residential Building Stock

Nonresidential Building Stock

Business Establishment Trends

Consumer Spending Environment

Public Safety Environment

Overview

Crime

Overview

Violent Crimes

Property Crimes

Terrorism

Other Nonconventional Crimes

Fire

List of Tables

OVERVIEW

Table 2-1 | Age of Consumers Who Agree: "I worry about violence and crime," 2017 (Percent & Index)

Table 2-2 | Types of Consumers Who Agree: "I worry about violence and crime," 2017 (Percent & Index)

Table 2-3 | Access Control System Foreign Trade, 2006 - 2021 (million dollars)

PRODUCTS

Table 3-1 | Access Control System Demand by Product, 2006 - 2021 (million dollars)

Table 3-2 | Key Characteristics of Access Control Systems by Product

Table 3-3 | Key Biometric Access Control Performance Advantages & Disadvantages

Table 3-4 | Biometric Access Control by Technology, 2006 - 2021 (million dollars)

Table 3-5 | Card-Based Access Control Demand by Technology, 2006 - 2021 (million dollars)

MARKETS

Table 4-1 | Access Control System Demand by Market, 2006 - 2021 (million dollars)

Table 4-2 | Government Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-3 | Financial Institutions Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-4 | Industrial Access Control Market by Product & Segment, 2006 - 2021 (million dollars)

Table 4-5 | Office Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-6 | Trade & Distribution Access Control Market by Product & Segment, 2006 - 2021 (million dollars)

Table 4-7 | Healthcare Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-8 | Services Access Control System Market by Product & Segment, 2006 - 2021 (million dollars)

Table 4-9 | Air Transport Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-10 | Lodging Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-11 | Educational Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-12 | Consumer Access Control System Market by Product, 2006 - 2021 (million dollars)

Table 4-13 | Other Nonresidential Access Control System Market by Product, 2006 - 2021 (million dollars)

INDUSTRY STRUCTURE

Table 5-1 | Access Control Sales by Company, 2016 (million dollars)

Table 5-2 | Selected Acquisitions & Divestitures

Table 5-3 | Selected Cooperative Agreements

APPENDIX

Table 6-1 | Study Scope: Access Control Systems

Table 6-2 | Relevant NAICS (2012) & SIC Codes

Table 6-3 | Abbreviations & Acronyms Used in Study

Table 6-4 | Macroeconomic Indicators, 2006 - 2021 (billion 2009 dollars)

Table 6-5 | Population & Households, 2006 - 2021 (million persons)

Table 6-6 | Building Construction Expenditures, 2006 - 2021 (billion dollars)

Table 6-7 | Residential Building Construction, 2006 - 2021 (billion dollars)

Table 6-8 | Nonresidential Building Construction Expenditures, 2006 - 2021 (billion dollars)

Table 6-9 | Housing Stock by Type, 2006 - 2021 (million units)

Table 6-10 | Nonresidential Building Stock by Type, 2006 - 2021 (billion 2009 dollars)

Table 6-11 | Business Establishments, 2006 - 2021 (thousands)

Table 6-12 | Personal Consumption Expenditures, 2006 - 2021 (billion dollars)

Table 6-13 | Violent Crime Levels, 2006 - 2015 (thousands)

Table 6-14 | Property Crime Levels, 2006 - 2015 (thousands)

Table 6-15 | Incidences of Terrorism in the US, 2006 - 2015

Table 6-16 | Selected Other Nonconventional Crimes, 2006 - 2015 (thousand arrests)

Table 6-17 | Fire Levels & Losses, 2006 - 2015

List of Figures

EXECUTIVE SUMMARY

Figure 1-1 | US Access Control Market Trends

OVERVIEW

Figure 2-1 | Key Trends Impacting the Access Control Market

PRODUCTS

Figure 3-1 | Access Control Trends by Product

Figure 3-2 | Keypad/Combination Access Control Demand & Share, 2006 - 2021

MARKETS

Figure 4-1 | Access Control Trends by Market

INDUSTRY STRUCTURE

Figure 5-1 | US Access Control Market Share, 2016

Figure 5-2 | Access Control Market Leader: First Leading Supplier

Figure 5-3 | Access Control Market Leader: Second Leading Supplier

Figure 5-4 | Access Control Market Leader: Third Leading Supplier

Figure 5-5 | Access Control Market Leader: Fourth Leading Supplier

Figure 5-6 | Access Control Market Leader: Fifth Leading Supplier

Figure 5-7 | Access Control Market Leader: Sixth Leading Supplier

APPENDIX

Figure 6-1 | Annual Growth in Real GDP, 2000 - 2016, Compared to 1980 - 2005 Average (percent)

Figure 6-2 | Housing Stock by Year of Construction, 2016 (percent)

Figure 6-3 | US Crime Rates, 2006 - 2015 (reported crimes per thousand people)

Access Controls in the US by Product and Market

Access Control Sales Driven by Both New Construction and Upgrades

Key Findings in the Access Controls Study:

Mobile and Other Multi-Credential Systems Provide Opportunities for Growth

Construction Activity and Shift Toward Newer Technologies Drives Demand in Key Markets

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