Press release
Smart Lock Market Size, Share 2020, Impressive Industry Growth Report 2027
The global smart lock market size was valued at $1.2 billion in 2019 and is expected to grow at an annual average of 18% from 2021 to 2027. The spread of smart home security devices worldwide. Increasing consumer awareness of the benefits of advanced security solutions is expected to have a positive impact on product sales. In addition, as the number of smartphone users around the world increases, the deployment of smart locks has increased over the past few years due to advantages such as convenience and easy user interface.A full report of Smart Lock Market available at: https://www.orionmarketreports.com/smart-lock-market/24199/
Key Players:
Some of the prominent players in the global smart lock market: The Assa Abloy Group (Sweden), Allegion Plc (Ireland), Dormakaba Holding AG (Switzerland), Spectrum Brands Holdings, Inc. (U.S.), Salto Systems S.L. (Spain), Onity Inc. (U.S.), Cansec Systems Ltd. (Canada), Master Lock (U.S.), August, Inc. (U.S.), Kwikset (U.S.), Haven Holidays (U.K), and among others.
Smart Lock Market- Segmentation
By Lock Type
• Deadbolts
• Lever Handles
• Padlocks
• Other Locks (Knob locks, rim/mortise locks and rim cylinders, and rim latch locks)
By Communication Protocol
• Bluetooth
• Wi-Fi
• Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others)
By Vertical:
• Commercial
• Residential
• Institution & Government
• Industrial
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Smart Lock Market.
• The market share of the Smart Lock Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Smart Lock Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Smart Lock Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Smart Lock Market Report
• What was the Smart Lock Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Smart Lock Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Smart Lock Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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