Chicago, IL -- (SBWIRE) -- 07/21/2017 -- According to the report, "Industrial Access Control Market, by Component (Hardware, Software), Service (Installation & Integration, Maintenance & Support, Access Control as a Service (ACaaS), Application (Automotive, Aerospace, Utilities, Machinery & Electronics, Chemical & Synthetics, Pulp & Paper, Steel & Metal, Pharmaceuticals & Cosmetics) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the market for industrial access control is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.

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Industrial Access Control is round-the-clock access control solutions for security and monitoring valuable facilities, equipment and employees. Rise in industrialization and awareness about asset protection is leading to growth of the industrial access control market. Security protection systems are required for any kind of industry like telecommunications, aerospace, steel production, oil & gas, chemical manufacturing or another industrial sector. This report studies the current and future aspects of the industrial access control market.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The growth of industrial control market is directly related to the industrial evolution and the increase of security threats to the industries. Some of the factors that are contributing towards the growth of the industrial access control market are increase in security among industries. Industries demand more stringent applications for security purpose.

2. Technological advancements with regards to security applications and deployment of wireless technology in security systems are boosting the market growth. Industries are adopting Internet of Things (IoT)-based security systems which is opening newer opportunities for growth of industrial access control market.

However, the lack of advance security measures in industrial applications can hamper the growth of industrial access control market.

The industrial access control market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Asia-Pacific region holds the highest market share and is the largest revenue contributor for the industrial access control market. The region is dominant because of large population and rise in security threats. Industries are investing heavily into research and development activities promoting the growth of the market. Due to higher number of manufacturing and utility industries in the Asia-Pacific region, the market is estimated to have a steady growth in the forecasted period.

MARKET SEGMENTATION

This report analyzes the industrial access control market by the following segments:

Industrial Access Control Market, by Component
1. Hardware
2. Software

Industrial Access Control Market, by Service
1. Installation & Integration
2. Maintenance & Support
3. Access Control as a Service (ACaaS)

Industrial Access Control Market, by Application
1. Automotive
2. Aerospace
3. Utilities
4. Machinery & Electronics
5. Chemical & Synthetics
6. Pulp & Paper
7. Steel & Metal
8. Pharmaceuticals & Cosmetics

KEY MARKET PLAYERS

Key players in the industrial access control market include:

1. Assa Abloy AB
2. Johnson Controls International PLC
3. Dorma+Kaba Holding AG
4. Allegion PLC
5. Honeywell Security Group
6. NEC Corporation
7. Bosch Security Systems Inc.
8. Identiv, Inc.
9. Siemens Building Technologies
10. 3M Company

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