Press release
Electronic Home Locks Industry Market Growth, Trends, Size, Share, Players, Product Scope, Regional Demand, COVID-19 Impacts and 2026 Forecast
According to the latest market research report “An Electronic Home Lock is a locking device operated by a current or motion mechanism and the locking and unlocking of doors is completed accordingly.” released by Global Market Monitor, Electronic Home Locks market size was estimated to be valued at $387 million in 2019 and is expected to grow at a CAGR of 17% from 2019 to 2026.
An electronic home lock is a locking device operated by a current or motion mechanism and the locking and unlocking of doors is completed accordingly.
The global electronic home lock market will be the integration of advanced technologies such as Bluetooth and facial recognition is one of the key factors driving the development of electronic locks. The growing demand for intelligent security systems, particularly in developed countries such as the United States, Canada, Germany and the United Kingdom, is expected to further drive market growth due to the growth trend in connected households.
The increase in the number of smartphone users has also driven demand for products. In addition, these locks have many advanced features, such as providing a wireless connection that can send security alerts to users on connected devices, enabling them to remotely monitor the system. As a result, the integration of these innovative features is expected to further increase the demand for products. Rapid urbanization and digitalization around the world are also expected to drive product demand during the forecast year. The growing demand for security solutions and the recognition of the availability and benefits of these locks are expected to contribute to the growth of the e-home lock market.
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The Major Players Profiled in This Report Include:
Allegion
ASSA ABLOY
Honeywell International
SAMSUNG
Spectrum Brands
Type Outlook (Revenue, USD Million; 2014-2026):
Fingerprint
ID
Application Outlook (Revenue, USD Million; 2014-2026):
Household
Commercial
To Identify the Key Trends in the Industry, Click on the Link Below:
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Full Table of Content
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Electronic Home Locks Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Electronic Home Locks Market by Types
Chapter 4 Segmentation of Electronic Home Locks Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Electronic Home Locks Market in Major Countries
Chapter 7 North America Electronic Home Locks Landscape Analysis
Chapter 8 Europe Electronic Home Locks Landscape Analysis
Chapter 9 Asia Pacific Electronic Home Locks Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Electronic Home Locks Landscape Analysis
Chapter 11 Major Players Profile
11.1 Allegion
11.1.1 Allegion Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 ASSA ABLOY
11.2.1 ASSA ABLOY Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Honeywell International
11.3.1 Honeywell International Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Electronic Home Locks Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Electronic Home Locks Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Electronic Home Locks Market?
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