Press release
Global Market For Smart Lock Market To Generate Substantial Increment In Dollar Opportunities Through 2032 : Fact.MR
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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=4669
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐๐ค ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข ๐๐ ๐ง๐๐ฝ๐ฒ
Deadbolt Smart Locks
Lever Handle Smart Locks
Smart Padlocks
Other Smart Locks
โข ๐๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป
Smart Locks for Residential Applications
Smart Locks for Hospitality Industry
Enterprise Smart Locks
Smart Locks for Critical Infrastructure
Other Smart Locks Applications
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions to expand their market ground
โข In February 2021, Allegion Plc. introduced the new Schlage Easeโข 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.
โข 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.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=4669
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐๐๐๐ฑ๐ ๐ฎ๐ฟ๐ฒ:
โข Assa Abloy AB
โข Allegion Plc.
โข Dorma + Kaba Holding AG
โข Spectrum Brands Holdings Inc.
โข Salto Systems S.L
โข Onity Inc.
โข Cansec Systems Ltd.
โข Gantner Electronic GmbH
โข Master Lock Company LLC
โข MIWA Lock Co.
โข Samsung Electronics Co. Ltd.
โข Amadas Inc.
โข Sentrilock LLC
โข Avent Security
โข Dessmann
๐ช๐ต๐ ๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐ ๐ฅ๐ฒ๐บ๐ฎ๐ถ๐ป๐ ๐ฎ๐ ๐๐ต๐ฒ ๐๐ผ๐ฟ๐ฒ๐ณ๐ฟ๐ผ๐ป๐ ๐ผ๐ณ ๐ฆ๐บ๐ฎ๐ฟ๐ ๐๐ผ๐ฐ๐ธ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐?
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.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ผ๐ - https://www.factmr.com/checkout/4669
๐๐๐ค๐ ๐๐ป๐๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข What will be the market value of Smart Lock by the end of 2022?
โข What was the CAGR of the market for Smart Lock over the past 5 years?
โข What is the estimated market value by the end of the forecast period?
โข What is the market share of the top 5 players of the Smart Lock industry?
โข What is the outlook for the North American region?
โข How is the European market for Smart Lock expected to evolve?
โข What are the market statistics for the APAC region?
โข Which countries are driving the demand of Smart Lock?
โข What trends are influencing the Smart Lock landscape?
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐- 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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