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Smart Door Lock (Smart Locks) Market Growth, Current Status and Future Scenario of Industry Surveyed in New Research Report 2020- 2025

12-16-2020 06:03 AM CET | IT, New Media & Software

Press release from: Smart Door Lock

Smart Door Lock (Smart Locks) Market Growth, Current Status

Global Smart Door Lock (Smart Locks) market size was 1870 million US$ in 2017 and is forecast to 4940 million US in 2025, growing at a CAGR of 12.9% from 2018. 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.

The Global Smart Door Lock (Smart Locks) Market analysis report predicts the future of the industries on the basis of the current scenario, income, and growth opportunities. An assortment of graphical introduction systems is used to point out the realities. It tracks the most recent market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments.

The study provides complete details about the usage and adoption of Smart Door Lock (Smart Locks) in various industrial applications and geographies. This helps the key stakeholders in knowing about the key development trends, growth strategies, investments, vendor activities, and government initiatives. Moreover, the report specifies the major drivers, restraints, challenges, and lucrative opportunities that are about to impact the growth of the market.

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Top Players Includes -

ASSA ABLOY
Samsung
Allegion
Kwikset (Spectrum Brands)
MIWA Lock
Master Lock (Fortune Brands)
Guangdong Be-Tech
Adel
August
Honeywell
Jiangmen Keyu Intelligence
Tenon

In addition, the report highlights the impact of COVID-19 on the Global Smart Door Lock (Smart Locks) Market. The aim of the report is to get premium insights, quality data figures and information in relation to aspects such as market scope, market size, share, and segments such as Types and Application/end use industry, SWOT Analysis and by different emerging by geographies.

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

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An overview of the regional scope:

• The document divides the geographical landscape of the Smart Door Lock (Smart Locks) market into North America, Europe, Asia-Pacific, Middle East & Africa and South America and delivers insights such as valuation acquired by each region listed.
• The estimated growth rate of every geography listed, along with the sales & production share accrued are cited in the study.
• The report also provides information including the regional presence of the leading companies on their home grounds.

Global Smart Door Lock (Smart Locks) Market details the following key factors:

• A thorough context analysis of the Global Smart Door Lock (Smart Locks) Market, which includes a complete assessment of the parent market.
• Foremost trends by segments, sub-segments, and regional markets.
• Significant changes in industry dynamics & overview.
• Market breakdown up to the second or third level.
• Market shares, methods, and approaches of leading competitors in the global Smart Door Lock (Smart Locks) market.
• Present and estimated size of the market, in terms of both value and volume.
• Reporting and evaluation of the latest industry developments.

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