DUBLIN--(BUSINESS WIRE)--The "Vehicle Access Control - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Vehicle Access Control Market to Reach $20.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Vehicle Access Control estimated at US$10.5 Billion in the year 2020, is projected to reach a revised size of US$20.2 Billion by 2027, growing at a CAGR of 9.8% over the period 2020-2027.
Non-Biometric Systems, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$12.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Biometric Systems segment is readjusted to a revised 9.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 13% CAGR
The Vehicle Access Control market in the U.S. is estimated at US$2.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.7% and 8.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 40 Featured):
- Continental AG
- Delphi Automotive
- Denso Corporation
- Fingerprint Cards AB
- HUF Hulsbeck
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total Companies Profiled: 40
For more information about this report visit https://www.researchandmarkets.com/r/ug1g3d
Laura Wood, Senior Press Manager
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