Electronic Access Control Systems Market to Exceed $31B by 2019, Report Forecasts
The Asia-Pacific EACS market is expected to record the highest CAGR growth of 16.7% to reach $9.6 billion in 2019.
The Asia-Pacific EACS market is expected to record the highest CAGR growth of 16.7% to reach $9.6 billion in 2019.
North America dominated the market in 2015. More awareness of energy savings as a result of smart home technology is one of the factors for the anticipated growth.
The market was previously valued at $51.9 billion back in 2013. Adoption of innovative technologies are expected to drive the growth.
The sensors have eight different capabilities that will send alerts to homeowners when a potentially hazardous situation is unfolding at home.
The access control systems market is expected to have the biggest growth during that time period.
Entries for the program, which honors excellence in false alarm management, are due by April 29, 2016.
The video motion detection alarm verification leader will become part of Honeywell’s Security and Fire unit.
ADT CEO: Transaction is ‘a highly attractive premium for ADT’s shareholders.’
Industrial leaders combine $32 billion in revenue, positioning business under Tyco Int’l and renaming it Johnson Controls plc.
The police department has implemented the CryWolf software platform to administer false alarm ordinance violations.