Press release
China Smart Lock Market Growth, Share, Trends & Forecast to 2025
The China Smart Lock is anticipated to grow at a CAGR 10.8% during the forecast period. The factor such as increasing investment in security systems, increasing disposable income of the population, along with increasing awareness towards the security, are some of the major factors driving the growth of the china smart lock market. Moreover, the increasing infrastructure facilities in the country such as China is planning to construct 2000 airports by 2030, is majorly augmenting the adoption of smart home solutions in the country.Request a free sample of our report on China Smart Lock Market: https://www.omrglobal.com/request-sample/china-smart-lock-market
The main factors for the increasing demand of Security Equipment's in China are the growing economic conditions of the people along with massive construction projects. The sophisticated surveillance equipment which are mainly used for the monitoring and controlling purpose, in order to access security conditions that are widely used in high-end residential areas and commercial office buildings. Moreover, the production cost of security appliances in China is less as compared to any other developed economy such as the U.S., due to cheap labor available in China.
A full report of China Smart Lock Market is available at: https://www.omrglobal.com/industry-reports/china-smart-lock-market
The major key market players that are contributing in the growth of this market include DAHUA TECHNOLOGY CO LTD., Dormakaba Holdings AG, Hangzhou Hikvision Digital Technology Co., Ltd., Be-Tech Asia LTD., Shenzhen Vians Electric Lock Co., Ltd., SAMSUNG ELECTRONICS CO.LTD, Assay Abloy AB, Schlage, Unikey Technologies Inc. and Panasonic Corp.
Market Segmentation
China Smart Locks Market by Communication Protocol
Bluetooth
Wi-Fi
Others
China Smart Locks Market by Application
Residential
Government
Commercial
China Smart Locks Market by Type
PadLocks
Lever Handles
Deadbolts
Others
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/china-smart-lock-market
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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