Thailand Access Control Market (2020-2026) | Size, Share, Analysis, Trends, Industry, Outlook, Growth, Value, Segmentation & COVID-19 IMPACT

Thailand Access Control Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Japan. It has registered a decline of -40.55% over the previous year. While Japan registered a growth of 0.48% over the previous year. While in 2017 China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Thailand has a Herfindahl index of 4045 in 2017 which signifies high concentration while in 2021 it registered a Herfindahl index of  3222 which signifies high concentration in the market

Thailand Access Control Market - Export Market OpportunitiesTopics Covered in the Thailand Access Control Market

The Thailand Access Control Market report thoroughly covers the market by market by type, by technology, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Developments of the Thailand Access Control Market

Thailand Access Control Market is driven by the following ongoing latest developments in the country increasing cybercrime rates backed by an increased digitization and an introduction of biometric authentication technologies which include fingerprints, facial recognition, and iris scanning. Moreover, the rising demand for Mobile-based access control solutions in the country allows users to control access to facilities and resources through their smartphones which is proven flexible and more convenient to use. Additionally, access control system integration with other security systems is gaining popularity in the country that facilitates a comprehensive security solution is acted as an opportunity for widening the Thailand Access Control industry horizon in the country.

Thailand Access Control Market Synopsis

Thailand Access Control Market is estimated to accelerate market growth in the coming years underpinned by the rising adoption of access control systems in various sectors such as commercial, residential, healthcare, and in BFSI. Additionally, installation prices of access control systems are high which enable users to adopt, this is hampering the market growth. On the other hand, the growing adoption by the residential sector with the growing crime rates in the country.

According to 6Wresearch, the Thailand Access Control Market size is projected to witness substantial growth during 2020-2026. The market is securing double-digit growth in the country owing to the rising adoption rate in various sectors, including residential and commercial. Additionally, Biometric authentication technology including fingerprint readers, iris scanning, and facial recognition systems is becoming popular in the country underpinned by it provides accurate detection and access control is projected to surge the market growth. Also, a rise in the Cloud-based access control systems adoption rate by small and medium-sized businesses due to their benefits such as remote management, scalability, and cost-effectiveness is the next factor estimated to accelerate the Thailand Access Control market growth.

COVID-19 Impact on the Thailand Access Control Market

The COVID-19 pandemic had a significant impact on the Thailand Access Control Market. All the businesses were closed due to the pandemic lockdown imposed by the government to cease the spread of the virus led to disturb the access control system demand and this further affected the market growth. Although, remote working and increased use of digitization & IoT devices had surged the demand for cloud-based access control systems and cyber security. These factors had proliferated the market growth.

Key Players in the Thailand Access Control Market

Certain key players have gained popularity in the country by offering an excellent range of security systems and services include:

• Honeywell
• Assa Abloy
• ZKTeco
• Hikvision
• Bosch Security Systems
• Axis Communications
• Suprema
• Johnson Controls
• Gallagher Security
• HID Global

Market Analysis by Type

Based on the type, the hardware segment is projected to hold the largest market share in the country underpinned by a surge in the demand for controllers and locks. However, the software segment is also estimated to grow at a tremendous rate, followed by the rising implementation of management software.

Market Analysis by Technology

According to Nitesh Kumar, Research Manager, 6Wresearch, authentication systems is experiencing growth in the market owing to the rising use of biometric and card-based access control systems. This is likely to dominate the Thailand Access Control Market share.

Market Analysis by Application

Based on the application, the commercial segment is likely to hold the largest market share on the back of the surge in the demand for access control systems in various commercial places such as offices, and retail stores. The residential sector is also driving the market growth driven by the increasing installation rates of access control systems in buildings, and gated communities.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

 

Key Highlights of the Report:

• Thailand Access Control Market Outlook
• Market Size of Thailand Access Control Market, 2019
• Forecast of Thailand Access Control Market, 2026
• Historical Data and Forecast of Thailand Access Control Revenues & Volume for the Period 2016 - 2026
• Thailand Access Control Market Trend Evolution
• Thailand Access Control Market Drivers and Challenges
• Thailand Access Control Price Trends
• Thailand Access Control Porter's Five Forces
• Thailand Access Control Industry Life Cycle
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Types for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Hardware for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Software for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Technology for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Authentication for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By detection for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Alarm Panels for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Communication Devices for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Perimeter Security System for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Homeland Security for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Commercial for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Industrial for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Access Control Market Revenues & Volume By Residential for the Period 2016 - 2026
• Thailand Access Control Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By Applications
• Thailand Access Control Top Companies Market Share
• Thailand Access Control Competitive Benchmarking By Technical and Operational Parameters
• Thailand Access Control Company Profiles
• Thailand Access Control Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Types

• Hardware
• Software

By Technology

• Authentication
• Detection
• Alarm Panels
• Communication Devices
• Perimeter Security System

By Applications

• Homeland Security
• Commercial
• Industrial
• Residential