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Global Market For Smart Lock Market To Generate Substantial Increment In Dollar Opportunities Through 2032 : Fact.MR

11-09-2022 04:42 PM CET | IT, New Media & Software

Press release from: Fact Mr

Global Market For Smart Lock Market To Generate Substantial

The global smart lock market will grow at an impressive 16% CAGR to touch the US$ 19 Bn mark through 2032. Bulk of the smart lock industry revenue is likely to be generated by the United States, capturing over 3/5th of total demand.

As per the latest analysis, the market value for the global smart lock market was estimated at nearly US$ 3.2 Bn in 2021, expanding at a stellar Y-o-Y rate of 15% during the historic period.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=4669

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐’๐ฆ๐š๐ซ๐ญ ๐‹๐จ๐œ๐ค ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โ€ข ๐—•๐˜† ๐—ง๐˜†๐—ฝ๐—ฒ
Deadbolt Smart Locks
Lever Handle Smart Locks
Smart Padlocks
Other Smart Locks
โ€ข ๐—•๐˜† ๐—”๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป
Smart Locks for Residential Applications
Smart Locks for Hospitality Industry
Enterprise Smart Locks
Smart Locks for Critical Infrastructure
Other Smart Locks Applications

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions to expand their market ground

โ€ข In February 2021, Allegion Plc. introduced the new Schlage Easeโ„ข range of smart locks that are easy to install and use, but with maximum features. These locks are available in either deadbolt or entry lock versions and offers affordable style, convenience and security with modern smart functionality for any home.

โ€ข In September 2021, ASSA Abloy has signed a definitive agreement to acquire the Hardware and Home Improvement ("HHI") division of Spectrum Brands for a purchase price of MUSD 4300 on a cash and debt free basis.

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=4669

๐—ฆ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ธ๐—ฒ๐˜† ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐˜€๐˜๐˜‚๐—ฑ๐˜† ๐—ฎ๐—ฟ๐—ฒ:

โ€ข Assa Abloy AB
โ€ข Allegion Plc.
โ€ข Dorma + Kaba Holding AG
โ€ข Spectrum Brands Holdings Inc.
โ€ข Salto Systems S.L
โ€ข Onity Inc.
โ€ข Cansec Systems Ltd.
โ€ข Gantner Electronic GmbH
โ€ข Master Lock Company LLC
โ€ข MIWA Lock Co.
โ€ข Samsung Electronics Co. Ltd.
โ€ข Amadas Inc.
โ€ข Sentrilock LLC
โ€ข Avent Security
โ€ข Dessmann

๐—ช๐—ต๐˜† ๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฅ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป๐˜€ ๐—ฎ๐˜ ๐˜๐—ต๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ณ๐—ฟ๐—ผ๐—ป๐˜ ๐—ผ๐—ณ ๐—ฆ๐—บ๐—ฎ๐—ฟ๐˜ ๐—Ÿ๐—ผ๐—ฐ๐—ธ ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€?

The United States accounts for a lion's share of over 62% of the total market value. Developed countries such as the US drive sales in this region. Smart locks are catching on in a big way, according to a research report published by Fact.MR

According to the researchers, 1/4TH of U.S. broadband households plan to purchase a smart lock in the upcoming year - and more than a third (35%) of U.S. broadband households contemplate smart locks to be reasonable.

Increasing security concerns in residential, as well as, commercial properties is a major contributing factor to double-digit growth of 14% during the projection period. Gantner Electronic GmbH, Schlage, and Wyze Labs Inc. are among the prominent players serving the Smart Locks market in North America. With the intensifying trend of autonomous vehicles worldwide, the demand for innovative and smart locks for cars is augmenting.

๐—™๐—ผ๐—ฟ ๐—ถ๐—ป-๐—ฑ๐—ฒ๐—ฝ๐˜๐—ต ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—ก๐—ผ๐˜„ - https://www.factmr.com/checkout/4669

๐—™๐—”๐—ค๐˜€ ๐—”๐—ป๐˜€๐˜„๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†

โ€ข What will be the market value of Smart Lock by the end of 2022?
โ€ข What was the CAGR of the market for Smart Lock over the past 5 years?
โ€ข What is the estimated market value by the end of the forecast period?
โ€ข What is the market share of the top 5 players of the Smart Lock industry?
โ€ข What is the outlook for the North American region?
โ€ข How is the European market for Smart Lock expected to evolve?
โ€ข What are the market statistics for the APAC region?
โ€ข Which countries are driving the demand of Smart Lock?
โ€ข What trends are influencing the Smart Lock landscape?

๐—™๐—ผ๐—ฟ ๐— ๐—ผ๐—ฟ๐—ฒ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜- https://www.globenewswire.com/en/news-release/2022/10/14/2534741/0/en/Tier-1-Players-Captures-70-of-4-Wheeler-Clinical-Rollators-Market-Owing-to-Their-Wide-Functionality-Fact-MR-s-Analysis.html

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