ReleaseWire

Smart Door Lock (Smart Locks) Market Is Divine to Grow at a CAGR of 12.9% During 2018-2025

In 2016, the global smart door locks market is led by China. North Amrica is the second-largest region-wise market. At present, the major manufacturers of smart door locks are concentrated in USA, Europe, Japan China and Korea.

Posted: Tuesday, July 24, 2018 at 4:53 PM CDT

City of Industry, CA -- (SBWire) -- 07/24/2018 --This report studies the Global Smart Door Lock (Smart Locks) Market status and forecast, categorizes the global Smart Door Lock (Smart Locks) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms.

ASSA ABLOY is the world leader, holding 17.93% sales share in 2016. In every segment market (Europe, USA, China and tec), ASSA ABLOY is a leader. ASSA ABLOY has a long history and many brands. At the same time, ASSA ABLOY always acquired peers to expand the share of the market.

The global Smart Door Lock (Smart Locks) market is valued at 1870 million US$ in 2017 and will reach 4940 million US$ by the end of 2025, growing at a CAGR of 12.9% during 2018-2025.

The major manufacturers covered in this report

ASSA ABLOY

Samsung

Allegion

Kwikset (Spectrum Brands)

MIWA Lock

Master Lock (Fortune Brands)

Guangdong Be-Tech

Adel

August

Honeywell

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Electronic Cipher Locks

Fingerprint Locks

Z-wave Locks

Wi-Fi Locks

Bluetooth Low Energy Locks

Other

By Application, the market can be split into

Household

Commercial

Others

The study objectives of this report are:

To analyze and study the global Smart Door Lock (Smart Locks) capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);

Focuses on the key Smart Door Lock (Smart Locks) manufacturers, to study the capacity, production, value, market share and development plans in future.

Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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In this study, the years considered to estimate the market size of Smart Door Lock (Smart Locks) are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Smart Door Lock (Smart Locks) Manufacturers

Smart Door Lock (Smart Locks) Distributors/Traders/Wholesalers

Smart Door Lock (Smart Locks) Subcomponent Manufacturers

Industry Association

Downstream Vendors

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Regional and country-level analysis of the Smart Door Lock (Smart Locks) market, by end-use.

Detailed analysis and profiles of additional market players.

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.