Malaysia Access Control System Market (2020-2026): COVID-19 is Going to Boost the Adoption of Contactless Access Control Systems – ResearchAndMarkets.com

20-Oct-2020 Intellasia | BusinessWire | 10:09 PM Print This Post

DUBLIN--(BUSINESS WIRE)--The "Malaysia Access Control System Market (2020-2026): Market Forecast by Types, by Applications, by Regions" report has been added to ResearchAndMarkets.com's offering.


Malaysia Access Control System Market revenue is projected to grow at a CAGR of 9.5% during 2020-2026.

The Malaysia access control system market is expected to grow in the forecast period on the account of the growing construction sector, upcoming new hotels & shopping malls and rapid urbanization in the country. Moreover, increasing spending by companies in research and development of advanced security solutions would push the market growth over the coming years.

Further, the ongoing scenario of coronavirus is going to boost the adoption of contactless access control systems over the coming years. The market for access control in Malaysia is likely to witness continued growth owing to increasing concerns related to public safety and security, growing adoption of contactless card readers in the years to come. The outburst of coronavirus is expected to adversely impact the Malaysia access control system market in 2020 as the government has imposed a nation-wide lockdown resulting in the closure of all business operations.

The commercial offices vertical held the major revenue share in the Malaysia access control system market in 2019 and would continue to maintain its dominance during the forecast period as well due to several advantages of access control such as increased public safety.

Further, the development of new smart city projects in Malaysia would create more avenues for the deployment of access control systems in the coming years, thereby increasing the demand for such solutions in the residential domain. Based on types, card reader access control systems segment dominated the market revenues in 2019, with the biometric segment expected to have higher growth over the coming years due to the increasing preference of biometric systems for high-security premises.

Additionally, the growing adoption of biometric solutions in commercial offices and buildings to secure the building and maintain a record of individuals would further push the growth.

Key Topics Covered:

1. Executive Summary

2.Introduction

3.Malaysia Access Control System Market Overview

3.1. Malaysia Access Control System Market Revenues, 2016-2026F

3.2.Malaysia Access Control System Market - Industry Life Cycle

3.3.Malaysia Access Control System Market - Porter's Five Forces Model

3.4.Malaysia Access Control System Market Revenue and Volume Share, By Types, 2019 & 2026F

3.5.Malaysia Access Control System Market Revenue Share, By Applications, 2019 & 2026F

3.6.Malaysia Access Control System Market Revenue Share, By Regions, 2019 & 2026F

4.Malaysia Access Control System Market Dynamics

4.1. Impact Analysis

4.2.Market Drivers

4.3.Market Restraints

5.Malaysia Access Control System Market Trends

6. Malaysia Card Reader Access Control System Market Overview

6.1. Malaysia Card Reader Access Control System Market Revenues and Volume, 2016-2026F

6.2. Malaysia Card Reader Access Control System Market Revenue Share, By Types, 2019 & 2926F

6.2.1.Malaysia Contact Card Reader Access Control System Market Revenues, 2016-2026F

6.2.2.Malaysia Contactless Card Reader Access Control System Market Revenues, 2016-2026F

6.3. Malaysia Card Reader Access Control System Market Volume Share, By Types, 2019 & 2926F

7. Malaysia Biometric Access Control System Market Overview

7.1. Malaysia Biometric Access Control System Market Revenues and Volume, 2016-2026F

7.2. Malaysia Biometric Access Control System Market Revenue Share, By Types, 2019 & 2026F

7.2.1. Malaysia Fingerprint Biometric Access Control System Market Revenues, 2016-2026F

7.2.2. Malaysia Iris Biometric Access Control System Market Revenues, 2016-2026F

7.2.3. Malaysia Other Biometric Access Control System Market Revenues, 2016-2026F

7.3. Malaysia Biometric Access Control System Market Volume Share, By Types, 2019 & 2026F

8. Malaysia Access Control System Market Overview, By Applications

8.1. Malaysia Banking and Finance Access Control System Market Revenues, 2016-2026F

8.2. Malaysia Government and Transportation Access Control System Market Revenues, 2016-2026F

8.3. Malaysia Retail and Logistics Access Control System Market Revenues, 2016-2026F

8.4. Malaysia Commercial Offices Access Control System Market Revenues, 2016-2026F

8.5. Malaysia Industrial and Manufacturing Access Control System Market Revenues, 2016-2026F

8.6. Malaysia Residential Access Control System Market Revenues, 2016-2026F

8.7. Malaysia Hospitality and Healthcare Access Control System Market Revenues, 2016-2026F

8.8 Malaysia Educational Institutions Access Control System Market Revenues, 2016-2026F

9. Malaysia Access Control System Market Overview, By Regions

9.1. Peninsular Malaysia Access Control System Market Revenues, 2016-2026F

9.2. Malaysia Borneo Access Control System Market Revenues, 2016-2026F

10. Malaysia Access Control System Market - Key Performance Indicators

11. Malaysia Access Control System Market Opportunity Assessment

11.1. Malaysia Access Control System Market Opportunity Assessment, By Types, 2026F

11.2. Malaysia Access Control System Market Opportunity Assessment, By Applications, 2026F

12. Malaysia Access Control System Market Competitive Landscape

12.1.Malaysia Access Control System Market Competitive Benchmarking By Technical and Operating Parameters

12.2.Malaysia Access Control System Market Revenue Share, By Company, 2019

13. Company Profiles

13.1. ASSA ABLOY (Malaysia) Ltd.

13.2. Johnson Controls International (M) Sdn. Bhd.

13.3. Honeywell International Sdn. Bhd.

13.4. Bosch Security Systems Inc.

13.5. Schneider Electric Industries (M) Sdn. Bhd.

13.6. ZKTeco (M) Sdn. Bhd.

13.7. Axis Communication AB

13.8. Hikvision Digital Technology Co. Ltd.

13.9. Dahua Technology Co. Ltd.

13.10. Hitachi Ltd.

14. Key Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/wc08mw


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