Smart Locks Market 2020: key factors behind market's hyper growth
Access Full Summary: https://www.alliedmarketresearch.com/smart-locks-market
The deadbolt segment accounted the largest share in the market, contributing about half of the total market in 2017, as it offers enhanced protection against forceful attack in residential and commercial spaces. However, the lever handle segment is expected to register the fastest CAGR of 18.1% during the forecast period, owing to its effectiveness to unlock doors with its keyless solution and wide range of applications in the commercial utility segment such as garages, workshops, offices, and hotels. The report analyzes other segments such as padlock and others.
The Wi-Fi segment is estimated to portray the fastest growth, registering CAGR of 17.4% during the study period, owing to increase in adoption of smart homes and its ability to easily connect with single internet connection. However, the Bluetooth segment garnered the largest share in 2017, contributing more than half of the total market, owing to increasing penetration of smartphones to unlock doors using Bluetooth.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/2261
North America dominated the market in terms of revenue in 2017, contributing more than one-third of the market share, owing to increased investment by the government and defense sector for security & access management. However, Asia-Pacific region is projected to manifest the fastest CAGR of 18.2% through 2023, owing to rise in security concerns in government offices & research centers and increase in construction activities in the developing countries. The report analyzes the other regions such as Europe and Latin America, Middle East and Africa (LAMEA).
The report profiled the major market players including,
o Panasonic Corporation
o ASSA ABLOY AB
o Haven Lock Inc.
o Spectrum Brands Inc.
o Honeywell International Inc.
o Vivint Inc.
o UniKey Technologies Inc.
o August Home
o Samsung SDS Co. Ltd.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2261
Key questions answered in Smart Lock Market research study:
o What is the market growth rate of Smart Lock Market from 2017-2023?
o What will be the global market size of the market from 2017 to 2023?
o Who are the leading global players in the Smart Lock Market?
o What are the current trends and predicted trends?
o What are the challenges faced in the Smart Lock Market?
o Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
o Which will be the anticipated growth rates for your own Smart Lock Market economy altogether and also for every segment inside?
o Which will be the Smart Lock Market application and types and forecast accompanied closely by producers?
o What are the conclusions of the Smart Lock Market report?
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
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. 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.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Locks Market 2020: key factors behind market's hyper growth here
News-ID: 1953218 • Views: 134
More Releases from Allied Market Research
Cell Therapy Market Size to Exceed USD 48.11 Billion by 2027
The cell therapy market was estimated at $7.75 Billion in 2019, and is expected to hit $48.11 billion by 2027, registering a CAGR of 25.6% from 2020 to 2027. The Cell Therapy Market has gained immense popularity globally due to the advent of techniques like stem cell therapy, CAR-T cell therapy, and cord blood cell therapy. Each of the therapies has gained traction owing to their extensive application in cancer
Home Care Monitoring and Diagnostics Market to See Extensive Worldwide Growth
Global Home Care Monitoring and Diagnostics Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Home Care Monitoring and Diagnostics Market by Product
Neuropeptide Y Receptor Market to Obtain Awesome Hike in Revenues
Global Neuropeptide Y Receptor Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Neuropeptide Y Receptor Market by Product (Food Grade and Pharmaceutical
Infused Dried Fruits Market Size is Set for Rapid Growth and Industry Trend by 2 …
Infused dried fruits are infused with fruit sugar solution through osmotic pressure and dried at 60°C temperature. These fruits have low calories and have low added sugar. The infused dried fruit companies have to follow standards like HACCP, BRC, IFS, and ISO22000. The infused dried fruits are vegan products that have high vitamin C, and are gluten and GMO-free. These products are also suitable for diabetics because they do not
More Releases for Lock
Lock Washer Market -NORD-LOCK, Disc-Lock, Schnorr, Shakeproof, Tiger-Tight, Midw …
Lock Washer Market Overview: Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global Lock Washer market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region. The Global Lock Washer market Report provides a detailed analysis of the current dynamics of the market with an extensive focus on the secondary research. It also studies current situation of the market estimate, share, demand, development
Global Digital Door Lock Systems Market 2018 - Stone Lock, Adel Lock, Kwikset, S …
Apex Market Research, recently published a detailed market research study focused on the "Digital Door Lock Systems Market" across the global, regional and country level. The report provides 360° analysis of "Digital Door Lock Systems Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Digital Door Lock Systems industry, and estimates the
Global Airfryer Market 2018 - Lock&Lock, SUPOR, Liven, MSX
Accord Market, recently published a detailed market research study focused on the "Airfryer Market" across the global, regional and country level. The report provides 360° analysis of "Airfryer Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Airfryer industry, and estimates the future trend of Airfryer market on the basis of this
Digital Door Lock System Market
Digital door lock systems are available in multiple options depending on the user security requirements include access based on passphrases, numeric code, passwords, security tokens, radio frequency identification devices (RFID), and different types of biometrics. Moreover, usage of smart phones as a means to gain entry is among the prominent solution gaining traction for residential and other end user applications, specifically in the developed economies of U.S. and Europe. Owing
Global Password Lock Market Research Report 2017 - TONYON, Master Lock, Tri-circ …
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Password Lock in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Explore Full Research Report with TOC @ http://www.qyresearchreports.com/sample/sample.php?rep_id=1174664&type=E Global Password Lock market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including TONYON Master Lock Yale Tri-circle Zhongli Blossom Lock Jasit WT YUEMA Rarlux Lock Skygood Panasonic On the basis of product,
Global Sport Bottle Market 2017- Thermos,PMI ,Lock & Lock
Global Sport Bottle Market 2017 Research Report offers a complete and in-depth analysis of the growth rate of the Sport Bottle industry. In the first section, Sport Bottle Market report presents the overview of Sport Bottle industry which includes definitions, classifications, applications and Sport Bottle industry chain structure. Global Sport Bottle Market further includes Sport Bottle development history, competitive analysis of Sport Bottle industry. Top leading Manufacturers Analysis of Sport Bottle:- 1 Thermos 2