Press release
Mexico Digital Door Lock Systems Market to Exceed Valuation of US$ 32.7 Bn by 2030
Transparency Market Research delivers key insights into the global digital door lock systems market. In terms of revenue, the global digital door lock systems market is estimated to expand at a CAGR of ~14% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global digital door lock systems market.
The global market for digital door lock systems is largely affected by numerous factors, including a techno-savvy population and growing adoption of digital door lock systems for home security and safety. The rising trend of smart home technology is driving the global market for digital door lock systems.
๐๐๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ - https://www.transparencymarketresearch.com/digital-door-lock-systems-market-2017-2025.html
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐จ๐จ๐ซ ๐๐จ๐๐ค ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
The global market for digital door lock systems has been segmented by type, end use, and region. Based on type, the digital door lock systems market has been divided into keypad lock, RFID card digital lock, keyless remote lock, and biometrics lock. The demand for keypad locks and biometric locks is very high, and the trend is anticipated to continue during the forecast period, owing to the frequent launch of new products. The biometrics lock segment is further classified into fingerprint recognition, palm recognition, face recognition, voice recognition, iris recognition, and others. Fingerprint recognition segment accounted for a major revenue share in 2019 and is anticipated to expand at a CAGR of 18.4% during the forecast period.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23915
Based on end use, the digital door lock systems market has been classified into commercial, residential, government, and industrial. The commercial segment accounted for a significant market share, in terms of revenue in 2019. Furthermore, the segment is estimated to record a CAGR of 14.4% during the forecast period.
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐จ๐จ๐ซ ๐๐จ๐๐ค ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
The global market for digital door lock systems has been divided into North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, and Rest of Europe), Asia Pacific (China, Japan, India, and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa), and South America (Brazil and Rest of South America). The digital door lock systems market in Europe exhibits significant demand followed by North America and Asia Pacific. The market growth in Europe can be attributed to significant consumer preference for digital door lock systems and willingness to spend on smart home technology. Furthermore, the market in the region is anticipated to register a CAGR of 10.3% during the forecast period. In Asia Pacific, the market for digital door lock systems generated revenue worth US$ 1.9 Bn in 2019. China is a major country contributing to the overall demand for digital door lock systems in the region. In North America, the market for digital door lock systems is projected to expand at a CAGR of 15.8% during the forecast period. A highly advanced smart home market and technology development by key companies such as Apple, Google, and Amazon is anticipated to drive the demand for digital door lock systems in North America.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=23915
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐จ๐จ๐ซ ๐๐จ๐๐ค ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Key players operating in the global digital door lock systems market are ADT, Inc., Onity Inc., Assa Abloy Group, Vivint, Inc., Allegion PLC, Godrej & Boyce Manufacturing Co. Ltd., Panasonic Corporation, Honeywell International, Inc., Spectrum Brands, Inc., and Salto Systems S.L.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐จ๐จ๐ซ ๐๐จ๐๐ค ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
Digital Door Lock Systems Market, by Type
Keypad Lock
RFID Card Digital Lock
Keyless Remote Lock
Biometrics Lock
Fingerprint Recognition
Palm Recognition
Face Recognition
Voice Recognition
Iris Recognition
Others
Digital Door Lock Systems Market, by End Use
Commercial
Residential
Government
Industrial
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=23915
Digital Door Lock Systems Market, by Region
North America
U.S.
Canada
Rest of North America
Europe
Germany
U.K.
France
Rest of Europe
Asia Pacific (APAC)
China
Japan
India
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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