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The Ultimate Guide to Smart Door Locks Market growing at a CAGR of 17.6% from 2023 to 2032

05-17-2024 08:13 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

The Ultimate Guide to Smart Door Locks Market growing at a CAGR

Smart Door Locks Market Analysis: Regional Trends, Opportunity Analysis, and Industry Forecast, 2023 - 2032

Allied Market Research (AMR) has published a report stating that the global smart door locks market, valued at $1.8 billion in 2020, is projected to reach $12.5 billion by 2032, growing at a CAGR of 17.6% from 2023 to 2032.

Download PDF Sample: https://www.alliedmarketresearch.com/request-sample/A67044

Market Insights:
The report details market trends, growth drivers, challenges, opportunities, consumer behavior, pricing factors, SWOT analysis, and regional and major market segment performance. It includes Porter's five forces analysis to assess various market forces.

Segment Analysis:

Product Type: Deadbolts, lever handles, padlocks, others
Technology: Wi-Fi, Bluetooth
End User: Single-family, multi-family
Region: North America, Europe, Asia-Pacific, LAMEA
Industry Players:
Key players include Assa Abloy Group, Honeywell International Inc., Haven Lock Inc., Panasonic Corporation, Samsung Group, Salto Systems, Schlage, Spectrum Brands Holdings Inc., Vivint Smart Home Inc., and Xiaomi Corporation. These companies use strategies like product launches, collaborations, expansions, joint ventures, and agreements to enhance market share.

Full Report: https://www.alliedmarketresearch.com/smart-door-locks-market-A67044

Recent Developments:

Salto's XS4 Original+ (Nov 2021)
Assa Abloy's Yale Assure Lock 2 (Sep 2022)
Kwikset's SmartCode 260 and 270 Touchpad Deadbolts (Oct 2022)
Schlage's EncodeTM Smart WiFi Lever (Jan 2023)
Xiaomi's Smart Door Lock M20 series (Feb 2023)

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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