Press release
Smart Lock Market 2018 Key Players - Assa Abloy Group, Allegion Plc. , Dormakaba Holding AG, Spectrum Brands Holdings, Inc.
Description:
Smart Lock -Global Market Status and Trend Report 2013-2023 offers a comprehensive analysis on Smart Lock industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
The global smart lock market is growing rapidly across the world. The demand for smart locks is growing with the increasing demand for auto-lock technologies for smart lock are boosting the growth of this market. Wi-Fi-based smart lock is gaining demand in the smart lock market as it is designed with advanced technology that are connected with smart home hub and other connected devices like the owner’s smartphone etc.. The Bluetooth and NFC are gaining demand in the market as it is integrated with sensors that can enable a door to unlock whenever an authorized user approaches with his smartphone. These smart locks are inbuilt with electronic key code capabilities and physical keypads provide a backup if needed.
Companies such The Assa Abloy Group (Sweden), Allegion Plc. (Ireland), Dormakaba Holding AG (Switzerland), Spectrum Brands Holdings, Inc. (U.S), Salto Systems S.L. (Spain), are the leading providers of smart lock in the global market. In 2017, The Assa Abloy Group has acquired August Home, a leading provider of smart locks in the market. With this acquisition, companies have strengthen their smart locks integrated with sensors and two generations of digital doorbells.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4803
The smart lock market is gaining momentum due to touchscreen lock are widely used among users as these locks are smudge and fingerprint-resistant. These locks are connected with smart home hubs via Z-wave, ZigBee and others so as to be controlled it remotely. The RFID based smart locks are gaining more demand in the market as its helps people save time and maintain a managed security. These Radio Frequency Identification are integrated with chips to communicate with RFID readers. These RFID chips are used in the small to mid-scale industry as it creates high-tech, keyless, safe RFID door locks..
The use of smart locks in commercial, residential, industrial, and other sectors, are gaining momentum due to its proximity-based unlocking techniques used in these locks. The companies are investing in providing smart locks embedded with biometrics, touchscreen, RFID and other advanced features. It also features the use of advanced RFID technology which is integrated with LED indicator and inbuilt buzzer. It is designed in rugged, sleek and compact way, which is gaining more demand in the smart locks market that meets the requirement of consumers at a reasonable cost.
The Global Smart Lock Market is expected to reach USD ~ 2 billion at a CAGR of over 11% by the end of the forecast period
Market Research Analysis:
The global smart lock market is studied on the basis of four regions: the Americas, Europe, Asia Pacific, and Rest of world. North America region is dominating the global smart lock market. The smart lock market is witnessing a high growth due to huge demand due to use of Bluetooth, WI -Fi, ZigBee, Z-Wave, Thread, NFC, and others. Europe is projected to hold the second largest share of smart lock market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.
Get a Complete Report @ https://www.marketresearchfuture.com/reports/smart-lock-market-4803
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Lock Market 2018 Key Players - Assa Abloy Group, Allegion Plc. , Dormakaba Holding AG, Spectrum Brands Holdings, Inc. here
News-ID: 954113 • Views: …
More Releases from Market Research Future - MRFR
Water Based Resins Market Poised to Growth USD 9857.98 Million by 2035 with Thri …
Water-based resins are polymer materials in which water is used as the primary solvent or dispersion medium instead of organic solvents. These resins are widely used in coatings, adhesives, inks, sealants, construction materials, and textiles due to their low volatile organic compound (VOC) emissions and improved environmental profile. Common types include acrylic, polyurethane, epoxy, alkyd, and polyester water-based resins.
The global water-based resins market has gained strong momentum in recent years,…
Bunker Fuel Market Set to Grow at an Impressive CAGR of 4.3% Through 2035 | USD …
Bunker fuel, also known as marine fuel, is a type of fuel oil used to power ships and marine vessels. It is a critical component of global maritime transportation, supporting international trade, commercial shipping, fishing vessels, and naval operations. Bunker fuel is typically derived from crude oil refining and is supplied in different grades depending on engine requirements, environmental regulations, and operational needs.
The bunker fuel market plays a vital role…
Heavy Duty Telehandler Market Projected to Hit USD 13.8 Billion by 2035, at a Ex …
Heavy duty telehandlers are versatile material-handling machines widely used across construction, mining, agriculture, ports, and industrial sectors. Equipped with a telescopic boom, these machines can lift, move, and place heavy loads at significant heights and distances, combining the functionality of a crane, forklift, and loader. Heavy duty telehandlers are specifically designed to handle higher load capacities, operate in rugged environments, and support demanding applications where standard telehandlers may not be…
Prefabricated Buildings Market Size, Growth Drivers and Forecast 2035 | At a Thr …
Prefabricated buildings are structures manufactured off-site in a controlled factory environment and then transported to the construction site for assembly. Unlike traditional construction methods, prefabrication allows building components such as walls, floors, roofs, and entire modules to be produced simultaneously with site preparation. This approach significantly reduces construction time, labor dependency, material waste, and overall project costs.
The prefabricated buildings market has gained strong momentum globally due to rapid urbanization, rising…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
