Press release
Smart Door Lock (Smart Locks) Market Breakdown Data by Regions, Type, Manufacturers and Applications, Forecast 2018-2025
The main objective of this report is to define, describe, and forecast the global “Smart Door Lock (Smart Locks) ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report studies the global market size of Smart Door Lock (Smart Locks) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Smart Door Lock (Smart Locks) in these regions.
This research report categorizes the global Smart Door Lock (Smart Locks) market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms.
In 2016, the global smart door locks market is led by China. North Amrica is the second-largest region-wise market. At present, the major manufacturers of smart door locks are concentrated in USA, Europe, Japan China and Korea. ASSA ABLOY is the world leader, holding 17.93% sales share in 2016. In every segment market (Europe, USA, China and tec), ASSA ABLOY is a leader. ASSA ABLOY has a long history and many brands. At the same time, ASSA ABLOY always acquired peers to expand the share of the market.
In 2017, the global Smart Door Lock (Smart Locks) market size was 1870 million US$ and is forecast to 4940 million US in 2025, growing at a CAGR of 12.9% from 2018. The objectives of this study are to define, segment, and project the size of the Smart Door Lock (Smart Locks) market based on company, product type, application and key regions.
The various contributors involved in the value chain of Smart Door Lock (Smart Locks) include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Smart Door Lock (Smart Locks) include
ASSA ABLOY
Samsung
Allegion
Kwikset (Spectrum Brands)
MIWA Lock
Master Lock (Fortune Brands)
Guangdong Be-Tech
Adel
August
Honeywell
Jiangmen Keyu Intelligence
Tenon
Locstar
Probuck
Guangdong Level Intelligent Lock
Dessmann
Market Size Split by Type
Electronic Cipher Locks
Fingerprint Locks
Z-wave Locks
Wi-Fi Locks
Bluetooth Low Energy Locks
Other
Market Size Split by Application
Household
Commercial
Others
Market size split by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
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The study objectives of this report are:
To study and analyze the global Smart Door Lock (Smart Locks) market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Smart Door Lock (Smart Locks) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Smart Door Lock (Smart Locks) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Smart Door Lock (Smart Locks) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Smart Door Lock (Smart Locks) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Smart Door Lock (Smart Locks) are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Door Lock (Smart Locks) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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