Smart lock Market Competitive Insights to 2025 With Spectrum Brands, Inc, Schlage Locks, Assa Abloy Group, Kwikset, Vivint Smart Home, Schlage Locks, Cansec Systems, Safewise, ASSA ABLOY Group, Allegion, PLC, dormakaba, Onity, Vivint Smart Home

Smart Lock market is expected to reach USD 2.91 billion by 2025 from USD 1.13 billion in 2017 and is projected to grow at a CAGR of 13.46% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Global Smart Lock Market By Market Type (Deadbolt, Lever/Knob, Padlocks, Other Locks), Unlocking Mechanism (Keypad, App Based, Hybrid/Integrated, Touch To Open), Communication (Bluetooth, Wi-Fi, Other Protocols), Application (Industrial, Residential, Institution & Government, Commercial), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East And Africa) Industry Trends and Forecast to 2025

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Market Definition: Global Smart Lock Market

The smart lock is the lock technology containing of locks that can be functioned with the help of alternative means such as remote control and provides the user with alerts and track data about who entered or left. The market has extended at a promising pace in the past few years due to the development of mobile computing devices and telecommunication networks. The rising focus and investments into smart city infrastructure have massively improved and has aided in overall development of the global smart locks market.It is totally fragmented due to presence of maximum players in most of the regions across the globe. The smart lock market is investing hugely in the activities of research and development so as to bring about product development to proceed in the market. In addition to that, the widespread prevalence of smart lock home facilities together with the unprecedented proliferation of smartphone in the market.

Key Development:

• In 2017 , Allegion to Launch Revamped Locknetics Product Line. Its valuable for increase market share along with new technology based product which leads in market penetration

• In 2017, Panasonic to launch intelligent smartphones, where its introduce the smart lock technology to expand its market volume and customer preference.

• In 2018, Samsung SDS Launches Korea’s First Wi-Fi Integrated IoT Smart Door Lock. It introduces the latest version of security and convenience.

Key Players: Global Smart Lock Market

• ASSA ABLOY 2018,
• Allegion plc,
• dormakaba Holding,
• Spectrum Brands, Inc.,
• Onity,
• Cansec Systems Ltd.,
• Master Lock Company LLC.
• Safewise.
• Spectrum Brands, Inc.
• Schlage ,
• Assa Abloy Group,
• Havenlock Inc. ,
• Home Inc.,
• Kwikset,
• Vivint Inc.,
• Apigy Inc.,
• Schlage,
• Samsung Sdsco. Ltd
• And Others .

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Competitive Analysis: Global Smart Lock Market

The global Smart Lock market is 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 in order to sustain in long run. The report includes market shares of Smart Lock market for global, Europe, North America, Asia Pacific and South America.

Table Of Content:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Global Smart Lock Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Part 04: Global Smart Lock Market Sizing

• Market definition
• Market sizing
• Market size and forecast

Part 05: Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Part 06: Global Smart Lock Market Segmentation By Product

• Market segmentation by product
• Market segmentation By Applications
• Market segmentation By End Users
• Comparison by product
• Others - Market size and forecast
• Market opportunity by product

Part 07: Customer Landscape

Part 08: Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Americas - Market size and forecast
• EMEA - Market size and forecast
• APAC - Market size and forecast
• Key leading countries
• Market opportunity

Part 09: Decision Framework

Part 10: Drivers And Challenges

• Market drivers
• Market challenges

Part 11: Market Trends

Part 12: Vendor Landscape

• Overview
• Landscape Disruption

Part 13: Vendor Analysis

And More … Get Detailed TOC : At https://databridgemarketresearch.com/toc/?dbmr=global-smart-lock-market

Segmentation: Global Smart Lock Market

The market is based on Market type,

• Unlocking Mechanism,
• communication,
• Application
• geographical segments.

Based on Market type, the market is segmented into

• Deadbolt,
• Lever/Knob,
• Padlocks,
• Other Locks.

Based on Unlocking Mechanism, the market is segmented into

• Keypad,
• App Based,
• Hybrid/Integrated,
• Touch to Open.

Based on Communication,

• Bluetooth,
• Wi-Fi,
• Other Protocols.

Based on Application,

• Industrial,
• Residential,
• Institution & Government,
• Commercial.

Based on geography, the market report covers data points for 28 countries across multiple geographies such as

• North America,
• South America,
• Europe,
• Asia-Pacific and
• Middle East & Africa.

Drivers and Restraints:

• Increasing demand in the field of mobile computing devices and telecommunication networks.

• Growing demand in Hospitality management.

• Rising focus and investments into smart city infrastructure.

• Rapidly applicable in residential and commercial construction sector.

• Distortion due to high cost of establishment.

Demand Side Primary Contributors:

• OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.

Supply Side Primary Contributors:

• Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other.

Customization of the Report: This report can be customized to meet the client’s requirements. Please connect with us (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.

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