Industrial Access Control (IAC) Market 2018 Which is Growing at a CAGR of 10.8 % With Key Country Analysis by Morpho, NEC, ASSA, dorma+kaba, Allegion, Napco Security

Industrial Access Control Market, By Access Type (Physical Access, Electronic Access, Logical Access, Network Access), By Services, By End-User (Automotive and aerospace, Utilities, Hospitals, Government and defense) - Forecast 2023

According to Market Research Future Analysis, Global Industrial Access Control Market has been valued at US $ 1.03 Billion by the end of forecast period with 10.8% of CAGR during forecast period 2017 to 2023.

Market Highlights:

The Industrial Access Control market is growing rapidly. Industrial Access Control market is globally emerging across world. Electronic locks is expected to drive the growth of the Industrial Access Control market. This is due to reducing the cost, increased convenience of not carrying any separate credential such as cards or key fobs. It also enables the users to monitor and operate remotely and transfer the permissions over the mobile phones. These additional features are driving electronic locks for the Industrial Access Control market.

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The study indicates that the utilities application is one of the largest application driving the growth of Industrial Access Control market for security purposes. These security issues increase the demand for Industrial Access Control systems and solutions for this application. These factors are expected to favor the growth of the Industrial Access Control market for utilities application. The protection of the infrastructure and assets from threats such as accidents, vandalism, theft, sabotage, and terrorism is the major concern for utilities application.

Major Key players:

Market Research Future (MRFR) recognizes the following companies as the key players in the Industrial Access Control Market: – Morpho SA (France), NEC Corporation (Japan); ASSA ABLOY AB (Sweden), dorma+kaba Holding AG (Switzerland), 3M Company (US), Allegion Plc (Ireland), Honeywell Security Group (U.S), Napco Security Technologies Inc.(U.S), Keyscan Inc. (U.S) and Johnson Controls International Plc (Ireland) among others.

Industrial Access Control Market Segmentation:

The Industrial Access Control Market has been segmented on the basis of Access type, end -users and region. The Industrial Access Control market is highly centralized by owing to the presence of many small regional suppliers and large multinational vendors. In the forecast period, the established Industrial Access Control vendors is expected to acquire smaller vendors to expand their product and services portfolio and will boost the market shares. The market is also characterized by the presence of numerous well-diversified international and regional vendors.

Market Research Analysis:

On geographic basis, Industrial Access Control market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the Industrial Access Control market. In this market, Europe is to be estimated to be the largest market for Industrial Access Control solutions during the forecast period. The increasing security concerns will lead to the high demand for Industrial Access Control among the government and BFSI sectors. Moreover, with the increasing implementation of stringent regulations by the government to ensure security access, the market for Industrial Access Control solution will have a positive outlook in APAC region.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:

By end-user segment, the global Industrial Access Control market on the basis of types Physical Access, Electronic Access, Logical Access, and Network Access. On the basis of application, the global Industrial Access Control market is segmented including Steel and Metal, Pharmaceuticals and Cosmetics, Automotive, Aerospace, Machinery and Electronics, Chemical and Synthetics, Pulp & Paper and among others.

By Region, MRFR analysis shows that the comprehensive understanding of market dynamics, the global Industrial Access Control market is analyzed across key geographies namely North America, Europe, China, Japan, India and among others. The industrial access control system has different types of access control systems are being used in industries like keypad reader, card reader and proximity system, which drive the industrial access control market in the North America region. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Table of Contents

1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
1.3.1 Global Industrial Access Control Market: By Access Type
1.3.2 Global Industrial Access Control Market: By Service
1.3.3 Global Industrial Access Control Market: By End User
1.3.4 Global Industrial Access Control Market: By Region

2 Research Methodology
2.1 Research Service
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
Continues...

List of Tables
Table 1 Industrial Access Control Market, By Access Type
Table 2 Industrial Access Control Market, By Service
Table 3 Industrial Access Control Market, By End-User
Continues...

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