This vehicle access control system provides cutting-edge vehicle access control requirements to places requiring where vehicle entry decisions can be based on factors, including time-of-day, day-of-week, and different credential types, among others. It further helps in searching the history of vehicles entered and offers easy and quick updating of authorized and unauthorized vehicles list. It helps in eliminating the need for manual entry, thus saves time and also enhances security.
The increasing rate of vehicle theft incidences in developed economies is one of the key factors driving the growth of the vehicle access control market. Also, advancements in technology have resulted in the introduction of advanced vehicle access control system that offers an excellent driving platform, thereby encouraging the deployment of advanced vehicle access control systems. Also, establishments that require enhanced security and safety, such as research & development centers, nuclear power zones, power plants, and certain government buildings, are deploying these systems to attain better control on the vehicle entering the establishment. Moreover, the growth of the vehicle access control market is also propelled by the increasing adoption of security systems by residential buildings.
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Top Dominating Key Players:
- Continental AG
- Denso Corporation
- Hella GmbH
- Lear Corporation
- Nuance Communication
- Robert Bosch GmbH
- Smartrac N.V.
- STMicroelectronics N.V
The global vehicle access control market is segmented on the basis of system, technology, and application. Based on the system, the market is bifurcated into biometric and non-biometric. Further, the technology segment of vehicle access control market is categorized into Wi-Fi, RFID, NFC, and Bluetooth. Also, the application segment is classified into tollways, commercial buildings, and residential buildings.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global vehicle access control market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The vehicle access control market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the vehicle access control market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the vehicle access control market in these regions.
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This post was originally published on The Picayune Current