Press release
Electronic Home Locks Market 2018 with Integration of Advanced Technologies 2022 - Allegion, ASSA ABLOY, Honeywell International, SAMSUNG, Spectrum Brands
Electronic Home Locks
Analysts forecast the global electronic home locks market to grow at a CAGR of 16.41% during the period 2018-2022.
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With the advent of advanced technology in home locks system, the prices are increasing as compared to regular home locks. One of the advanced technology integrated into electronic locks is smart connectivity. Market research report has identified increasing integration of advanced technologies as one of the primary factors that will trigger the growth of the electronic home locks market in the coming years. Advanced electronic home locks can be connected easily to smartphones and tablets using wireless technologies such as Wi-Fi and Bluetooth. The users receive alerts from these locking systems and the system can be controlled and monitored by the consumers from anywhere. Moreover, some additional features such as weatherproof keypads of electronic home locks and access history records are increasing the demand for the electronic home locks.
Key vendors
-Allegion
-ASSA ABLOY
-Honeywell International
-SAMSUNG
-Spectrum Brands
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Market driver
-Increasing integration of advanced technologies
Market challenge
-Intense competition from alternative products
Market trend
-Growing urbanization enabling the category growth opportunity
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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