Market Forecast By Types (Card Reader Access Control Systems (Contact Card Reader Access Control Systems and Contactless Card Reader Access Control Systems, Biometric Access Control Systems (Fingerprint Biometric Access Control Systems, Iris Biometric Access Control Systems and Other Biometric Access Control Systems)), By Applications (Banking and Finance, Government and Transportation, Retail and Logistics, Commercial Offices, Industrial and Manufacturing, Residential, Hospitality and Healthcare and Educational Institutions), By Regions (Western, Central, Eastern) and Competitive Landscape
Product Code: ETC003666 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 24 | No. of Tables: 15 |
Singapore Access Control System Marketย report comprehensively covers theย Singapore Access Control System marketย by types, by applications, and by regions. Singapore Access Control System market report provides an unbiased and detailed analysis of the Access Control System market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Singapore Access Control System Market Synopsis
Singapore Access Control System Marketย is anticipated to grow at a significant rate over the forecast period on account of the latest technological innovations along with the rising adoption of cloud computing platforms. Moreover, government initiatives such as Infocomm Media 2025 and Singapore Smart Nation vision would play a pivotal role in raising digital capabilities to pursue technological innovations which would further propel the demand for access control system market in the country. However, the outburst of the COVID-19 pandemic is expected to adversely impact the Singapore access control systems market on account of the nationwide lockdown being imposed by the government resulting in the closure of all sort of business operations in the country which would, in turn, impact the demand and supply of access control systems. However, the ongoing Singapore pandemic COVID-19 hampered the overall economic growth of Saudi Arabia, thus, restraining the growth of the Singapore Access Control System market as well.
According to 6Wresearch, Singapore Access Control System Market size is projected to grow at CAGR of 5.1% during 2020-2026. Public-private partnerships along with huge investments made by the government in developing the countryโs infrastructure, particularly transportation networks such as the expansion of Changi International Airport and the development of mass rapid transit would increase the demand for access control systems over the coming years. Moreover, growing hotel chains, shopping malls, data centers would propel the access control system market over the forecast period owing to the increasing concerns related to security.
Market Analysis by Types
Based on types, card reader access control systems accounted for major market revenue share in 2019 while the biometric access control system is expected to grow at a substantial rate over the coming years on account of its widespread usage in office and residential buildings to improve security and prevent trespassing by perpetrators. On the basis of applications, commercial offices, government & transport, and banking & finance hold a prominent market revenue share and are anticipated to retain the same over the coming years.
Singapore Access Control System Marketย is anticipated to maintain dominance throughout the forecast period underpinned by the increased wide scope of application in the corporate sector. Additionally, the rising tourism influx in the country is estimated to flourish the hospitality sector, whereby the access control system plays a crucial role in maintaining the security and safe accommodation for the tourist and is estimated to leave a positive impact on the product demand and would benefit the Singapore access control system market in the years ahead.ย
Key Attractiveness of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1. Executive Summary |
2.ย Introduction |
2.1. Report Description |
2.2.ย Key Highlights of the Report |
2.3.ย Market Scope & Segmentation |
2.4.ย Resource Methodology |
2.5.ย Assumptions |
3.ย Singapore Access Control System Market Overview |
3.1. Singapore Access Control System Market Revenues and Volume, 2016-2026F |
3.2.ย Singapore Access Control System Market - Industry Life Cycle |
3.3.ย Singapore Access Control System Market - Porterโs Five Forces Model |
3.4.ย Singapore Access Control System Market Revenue Share, By Types, 2019 & 2026F |
3.5.ย Singapore Access Control System Market Revenue Share, By Applications, 2019 & 2026F |
3.6.ย Singapore Access Control System Market Revenue Share, By Regions, 2019 & 2026F |
4.ย Singapore Access Control System Market Dynamics |
4.1. Impact Analysis |
4.2.ย Market Drivers |
4.3.ย Market Restraints |
5.ย Singapore Access Control System Market Trends |
6. Singapore Card Reader Access Control System Market Overview |
6.1. Singapore Card Reader Access Control System Market Revenues and Volume, 2016-2026F |
6.2. Singapore Card Reader Access Control System Market Revenue and Volume Share, By Types, 2019 & 2926F |
6.2.1.ย Singapore Contact Card Reader Access Control System Market Revenues and Volume, 2016โ2026F |
6.2.2.ย Singapore Contactless Card Reader Access Control System Market Revenues and Volume, 2016โ2026F |
7. Singapore Biometric Access Control System Market Overview |
7.1. Singaporeย Biometric Access Control System Market Revenues and Volume, 2016-2026F |
7.2. Singaporeย Biometric Access Control System Market Revenue and Volume Share, By Types, 2019 & 2026F |
7.2.1. Singapore Fingerprint Biometric Access Control System Market Revenues and Volume, 2016-2026F |
7.2.2. Singapore Iris Biometric Access Control System Market Revenues and Volume, 2016-2026F |
7.2.3. Singapore Other Biometric Access Control System Market Revenues and Volume, 2016-2026F |
8. Singapore Access Control System Market Overview, By Applications |
8.1. Singapore Banking and Finance Access Control System Market Revenues, 2016-2026F |
8.2. Singapore Government and Transportation Access Control System Market Revenues, 2016-2026F |
8.3. Singapore Retail and Logistics Access Control System Market Revenues, 2016-2026F |
8.4. Singapore Commercial Offices Access Control System Market Revenues, 2016-2026F |
8.5. Singapore Industrial and Manufacturing Access Control System Market Revenues, 2016-2026F |
8.6. Singapore Residential Access Control System Market Revenues, 2016-2026F |
8.7. Singapore Hospitality and Healthcare Access Control System Market Revenues, 2016-2026F |
8.8 Singapore Educational Institutions Access Control System Market Revenues, 2016-2026F |
9. Singapore Access Control System Market Overview, By Regions |
9.1. Singapore Access Control System Market Revenues, By Northern Region, 2016-2026F |
9.2. Singapore Access Control System Market Revenues, By Central Region, 2016-2026F |
9.3. Singapore Access Control System Market Revenues, By Southern Region, 2016-2026F |
9.4. Rest of Singapore Access Control System Market Revenues, 2016-2026F |
10. Singapore Access Control System Market - Key Performance Indicators |
11. Singapore Access Control System Market Opportunity Assessment |
11.1. Singapore Access Control System Market Opportunity Assessment, By Types, 2026F |
11.2. Singapore Access Control System Market Opportunity Assessment, By Applications, 2026F |
12. Singapore Access Control System Market Competitive Landscape |
12.1.ย Singapore Access Control System Market Competitive Benchmarking By Operating Parameters |
12.2.ย Singapore Access Control System Market Revenue Share, By Company, 2019 |
13. Company Profiles |
13.1. Hangzhou Hikvision Digital Technology Co., Ltd. |
13.2. Honeywell International Inc. |
13.3. Johnson Controls International PLC |
13.4. Axis Communications AB |
13.5. Schneider Electric SE |
13.6. Bosch Security Systems Inc. |
13.7. Assa Abloy AB |
13.8. Dormakaba Holding AG |
13.9. Hanwha Techwin Co. Ltd. |
13.10. Avigilon Corporation |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
Figure 1. Singapore Access Control System Market Revenues and Volume, 2016-2026F ($ Million, Thousand Units) |
Figure 2. Singapore Access Control System Market - Industry Life Cycle, 2019 |
Figure 3. Singapore Access Control System Market Revenue Share, By Types, 2019 & 2026F |
Figure 4. Singapore Access Control System Market Volume Share, By Types, 2019 & 2026F |
Figure 5. Singapore Access Control System Market Revenue Share, By Applications, 2019 & 2026F |
Figure 6. Singapore Access Control System Market Revenue Share, By Region, 2019 & 2026F |
Figure 7. Infrastructure Quality Index of Singapore Vs Asia (1-7(Best)) |
Figure 8. Singapore Card Reader Access Control System Market Revenues and Volume, 2016-2026F ($ Million, Thousand Units |
Figure 9. Singapore Card Reader Access Control System Market Revenue Share, By Types, 2019 & 2026F |
Figure 10. Singapore Card Reader Access Control System Market Volume Share, By Types, 2019 & 2026F |
Figure 11. Singapore Biometric Access Control System Market Revenues and Volume, 2016-2026F ($ Million, Thousand Units) |
Figure 12. Singapore Biometric Access Control System Market Revenue Share, By Types, 2019 & 2026F |
Figure 13. Singapore Biometric Access Control System Market Volume Share, By Types, 2019 & 2026F |
Figure 14. Average annual investment in Singapore, 2016-40 ($ Billion) |
Figure 15. Infrastructure Investment in Singapore, as a percentage of GDP, 2016-40 |
Figure 16. Visitorโs Arrival in Singapore 2009-2019, (Millions) |
Figure 17. Tourists Receipt of Singapore, 2009-2019 (SGD Billion) |
Figure 18. Nationality-Wise International Tourists Arrival Percentage Share in Singapore, 2019 |
Figure 19. Net Supply and Absorption of Office Buildings in Singapore, 2011-2022F (Million sq. ft.) |
Figure 20. CBD Grade A and B rents in Singapore, 2011-2022F (SGD psf pm) |
Figure 21. Private housing supply in Singapore 2009-2022F, (Thousands) |
Figure 22. Singapore Access Control System Market Opportunity Assessment, By Types, 2026F |
Figure 23. Singapore Access Control System Market Opportunity Assessment, By Applications, 2026F |
Figure 24. Singapore Access Control Market Revenue Share, By Companies, 2019 |
List of Table |
Table 1. Hotel Opening in Singapore, 2020-2023 |
Table 2. Singapore Card Reader Access Control System Market Revenues, By Types, 2016-2026F ($ Million) |
Table 3. Singapore Card Reader Access Control System Market Volume, By Types, 2016-2026F (Thousand Units) |
Table 4. Singapore Biometric Access Control System Market Revenues, By Types, 2016-2026F ($ Million) |
Table 5. Singapore Card Reader Access Control System Market Volume, By Types, 2016-2026F (Thousand Units) |
Table 6. Singapore Access Control System Market Revenues, By Applications, 2016-2026F ($ Million) |
Table 7. Singapore Access Control System Market Revenues, By Regions, 2016-2026F ($ Million) |
Table 8. Cumulative Infrastructure Investment Estimate in Singapore, 2016-40, ($ Billion) |
Table 9. List of Major Transportation Projects in Singapore |
Table 10. List of Major Infrastructure Projects in Singapore |
Table 11. List of Major Military/Security Projects in Singapore |
Table 12. Hotel Rooms Pipeline in Singapore (2019-2022) |
Table 13. List of Major Commercial Projects in Singapore |
Table 14. List of Major Residential Projects in Singapore |
Table 15. List of Major Industrial Projects in Singapore |