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Home / Press Releases / Financial & ID Technologies / China's Access Control Industry Primed and Ready Press ReleasesChina's Access Control Industry Primed and Ready Austin, Texas – 12th July 2011 - A significant part of future growth within the Chinese access control market will be generated from mid-end projects (50-199 doors), with a focus on port & railway, commercial, government and hospital projects. Modest in size compared to other security technologies, China’s access control industry is bursting with opportunity. Large government led programs are moving aside, giving way to commercial and industrial projects of a much larger size than in previous years. China’s security industry has experienced a major boom since 2006, when the government started its nation-wide program “safe City”. As a result of this program, the market peaked between 2008-2010 during which time, the Beijing Olympics, Shanghai Expo and Guangzhou Asia Games were also successfully held, and a massive 4 trillion RMB government stimulus funding was injected into the economy. “These events increased peoples’ awareness of employing effective security products, kick-starting a massive demand for access control products”, comments Paul Everett, research director, IMS Research. Everett continues, “Growth for China’s access control industry will remain above 12% for the next five years despite a cool down following the events of previous years and current economic climate. Despite the slowdown in growth, the long-term fundamentals driving growth in the market will remain”. China’s access control market is forecast to expand from Tier 1 cities with wider adoption forecast for 2nd and 3rd tier cities and from coastal regions to central and western regions. At the same time the market is also seeing greater adoption in medium and, in some circumstances, low sensitive areas. With 10 cities already populated with more than 5 million people and approximately 150 cities with more than 1 million inhabitants, urbanization is one mega trend that will continue to influence the Chinese access control market moving forward. Editors Note :For more information please contact: Paul Everett – Research Director – Access Control, Fire & Security Group T: +1 512-302-1977 paul.everett@imsresearch.comAbout IHS Inc. (www.ihs.com)IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,600 people in more than 30 countries around the world. About IMS Research:IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, custom research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea, and Japan. To find out more, contact IMS Research: enquiries@imsresearch.com; T: +44 (0) 1933 402255; http://imsresearch.comRelated Reports |


