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Global Industrial Access Control Market is to register a healthy CAGR of 10.9% in the forecast perio

Author: Onkar Nimbalkar
by Onkar Nimbalkar
Posted: Dec 07, 2019

Data Bridge Market Research has recently added a concise research on Global Industrial Access Control Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are Gemalto NV, United Technologies Corporation., HID Global Corporation/ASSA ABLOY AB, Amag Technology., Napco Security Technologies, Inc., Gunnebo AB, Gallagher Group Limited, Crossmatch., IDEMIA, Avaya Inc., and others.

Definition:

Industrial access control is a physical and information security, access control is the selective restriction of access to a place or resource. It involves a set of dedicated system used to control any passage. Quick access to authorized people is the main purpose of industrial access control and restricts access to unauthorized people at the same time. Each and every access card, fob controller, technology upgrade and calendar permission is united by cloud security. Changing secure access is both mobile friendly and globally scalable.

Analysis of Global Industrial Access Control Market report:

Global industrial access control market is to register a healthy CAGR of 10.9% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to high adoption due to growing security reasons and deployment of wireless technologies

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Market Drivers:

  • Enabling users to control system over their domains in urban security is driving the market growth
  • Advancement in technology such as wireless technology in security system is boosting the growth of the market
  • Rising adoption of internet of things based security systems is a driver for the market growth
  • Allows quick access to authorized people and restricts access to unauthorized people is fueling the market growth

Market Restraints:

  • Lack of information and awareness for advanced security is restraining the market growth
  • Hesitation to invest in new technologies and lack of security is a restraint for the growth of the market

Top Manufacturers Profiles Operating in the Global Industrial Access Control Market:

Few of the major competitors currently working in global industrial access control market are ASSA ABLOY, Johnson Controls, dormakaba Group, Allegion plc, Honeywell International Inc., Bosch Security Systems, Inc., Siemens, NEC Corporation, 3M, Identiv, Inc., Gemalto NV, United Technologies Corporation., HID Global Corporation/ASSA ABLOY AB, Amag Technology., Napco Security Technologies, Inc., Gunnebo AB, Gallagher Group Limited, Crossmatch., IDEMIA, Avaya Inc., and others.

Global Industrial Access Control Market Segmentation:

By Component

  • Hardware
  • Card-Based Readers
  • Biometric Readers
  • Multi-Technology Readers
  • Electronic Locks
  • Controllers/Servers
  • Software
  • Management System
  • Other

By Service

  • Installation and Integration
  • Support and Maintenance Services
  • Access Control as A Service (ACaaS)
  • Hosted ACaaS
  • Managed ACaaS
  • Hybrid ACaaS

By Application

  • Automotive
  • Aerospace
  • Utilities
  • Machinery and Electronics
  • Chemical and Synthetics
  • Pulp & Paper
  • Steel and Metal
  • Pharmaceuticals and Cosmetics
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle-east and africa

Competitive Analysis:

Global industrial access control market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial access control market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Reasons to Purchase this Report

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  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

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Author: Onkar Nimbalkar

Onkar Nimbalkar

Member since: Aug 08, 2019
Published articles: 49

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