Philippines Access Control Market Size, Segmentation and Market Share
The increase in revenues has been attributed to the technological advances in the access control systems market and improved usage of smart cards and biometric solutions. Additionally, growing awareness about the importance of security equipment as a result of a rise in burglaries, theft and overall sense of insecurity also supported the sales. The market of Philippines Access Control has increased at a CAGR of ~% during the period 2014-2019, with revenues reported at PHP ~ million during 2019
By Type of Access Control: Card-based access control has dominated the market in the Philippines access control market with a ~% revenue share during 2019. This was followed by a Hybrid, Keypad and biometric access control market.
Market Share
An access control system is fragmented among a large pool of international companies, innovating products to penetrate the market for electronic security products.
Philippines Intrusion Detection Market Size, Segmentation and Market Share
Intrusion alarms are the most popular amongst the residential sector, but they fail to garner demand from other sectors, owing to high-rate of false alarms instances, generally induced by environmental conditions. The financial sector including banks was amongst the early adopters of intrusion alarms in the country, as the government made the installation of intrusion alarms and other electronic security equipment mandatory for banks and hotels. The market for Philippines Intrusion Detection has increased at a CAGR of ~% during the period 2014-2019, with revenues reported at PHP ~ million during 2019
By Type of Intrusion Detection: Motion Sensors has dominated the market in the Philippines Intrusion Detection market with ~% revenue share during 2019. This was followed by the Infrared and seismic detectors market.
Snapshot on System Integrator Market in Philippines Electronic Security Market
An electronic security system integrator is an entity that specializes in providing customized solutions to the clients by combining electronic security components from different vendors. Unlike manufactures, systems integrators typically do not produce any electronic security products. Instead, they enable a company to use off-the-shelf hardware and software packages to meet the client’s electronic security needs
A system integrator is involved in several procedures, from selling the product to providing after-sale services. A system integrator usually procures the desired electronic security products from a manufacturer. After procuring, the system integrating the company adds its margin and supplies the products to the client. Quotations are different depending on the client. The average margin of a system integrator is around ~%.
The market for organized electronic security systems integration in the Philippines has been highly fragmented with the presence of both organized as well as unorganized players over the period 2013-2018. Major organized system integrators generally deal with large projects while unorganized systems integrators generally cater to the small residential households and commercial offices
During 2019 (P), the total revenues generated by system integrator from sales and installation for electronic security products were reported at PHP ~ million, which has increased from 2018, where the revenues were reported at PHP ~ million during 2018
Market Share
The market for an organized system integrator have been significantly boosted by the emergence of international companies over the past five years.
Philippines Electronic Security Market Future Outlook and Projections
The Electronic Security market in Philippines is expected to register growth at a CAGR of ~% in terms of revenues during 2019-2024E with revenues reported at PHP ~ million by 2024E. This growth in the future can be attributed to the growing awareness for the security needs among Filipinos, technological advancements, rise in the infrastructural developments, rise in the number of fire incidents, mandatory regulations being imposed by the government, growing businesses and rise in commercial buildings. Technologies such as IoT, AI, and Wireless based technology, facial recognition, Smartphone integration; deep learning and Cloud-based technology are expected to bring a drastic change in the electronic security systems in the country.
Technological advancements in the industry are expected to drive the growth in the demand for electronic security systems in the country. New technologies such as Wireless based technology, IoT, AI, and others increase the benefits of the products and hence, enhance the usability for the customers. Competition in both product and installation of the electronic security market is expected to be fierce in the future due to the new entrants in the product suppliers and also the rise in the number of system integrators. Prices are expected to be competitive and hence, offering a high bargaining power to the customers than suppliers in the future.
Key Segments Covered: -
By Channel of Sales
System Integrator Led
Direct Sales
By Product and Installation & Accessories
Product
Installation & Accessories
By Type of End Users
Residential Sector
Non- Residential Sector
Product by Type of Sector
Organized Sector
Unorganized Sector
Product by Type of Product
CCTV Camera
Fire Alarm Systems
Access Control Systems
Intrusion Detection Systems
Specialty Devices
By Type of CCTV Camera
Fixed CCTV Camera
PTZ CCTV Camera
360 Degree Camera
By Type of CCTV Camera
IP Camera
Analog Camera
By Type of IP Camera
Wireless Camera
Non-Wireless Camera
By Type of Camera Housing
Dome
Bullet
Discreet
CCTV By Type of Region
Luzon
Visayas
Mindanao
CCTV Camera by End Users
Residential
Non-Residential
By Type of Fire Alarms
Conventional
Addressable
By Type of Detection
Heat Detectors
Smoke Detectors
Fire Alarm by Type of Region
Luzon
Visayas
Mindanao
Fire Alarm by Type of End-user:
Residential
Non- Residential
By Type of Access Control
Card-Based
Hybrid (Integration of Two or Three Access Control Systems)
Key Pad
Biometric
Access Control by Region
Luzon
Visayas
Mindanao
Access Control by Type of End Users
Residential Sector
Non-Residential Sector
By Type of Intrusion Detection Systems
Motion Sensors
Infrared Beam Sensors
Seismic Detectors
Intrusion Detection System by Type of Region
Luzon
Visayas
Mindanao
Intrusion Detection Systems by Type of End Users
Residential Sector
Non-Residential Sector
By Type of Specialty Devices
Barriers
Scanners
Metal Detectors
Specialty Devices by Type of End Users
Residential sector
Non-Residential Sector
Key Target Audience
Existing Electronic Security Manufacturers
System Integrators
New Market Entrants
Government
Electronic System Retailers and Online Suppliers
Time Period Captured in the Report: -
Historical Period: 2014-2019
Forecast Period: 2019-2024E
Key Companies Covered: -
OEM
Hikvision
Panasonic
Axis
Bosch
HID (Hong Kong)
UTC (U.S.) – Lenel, Interlogix
Tyco (US) – C-Cure
ICT (New Zealand)
Honeywell
Simplex
Eduards
Nohmibosai
Hochiki
System Integrators
MEC Network Corporation
Net Pacific Inc.
DTSI (as of March)
Esscor
Guard All
I3 Technologies
EVI Distribution Inc.
Alcon Philippines Technologies and Solutions
Infinite Systems Technology Corporation
Right security solutions
Mustard Seed Systems Corporation
Key Topics Covered in the Report: -
Philippines Electronic Security Market Analysis
Philippines Access Control Market
Philippines Fixed CCTV Camera Market
Hikvision Electronic Security Market Future
HID Global Electronic Security Market Growth Rate
Revenue Bosch Security Systems Philippines
Philippines Electronic Security Market
Philippines Electronic Security Industry
Electronic Security Market Philippines
Electronic Security Industry Philippines
For More Information on The Research Report, Refer to Below Link: -
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
