Electronic Locks Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017-2025

The electronic locks market report has been prepared with the help of critical metrics such as CAGR, absolute and incremental dollar opportunity, and Y-o-Y growth rate.


Albany, NY -- (SBWIRE) -- 07/17/2017 -- Closed circuit television (CCTV) is also termed as video surveillance which is used to transmit video signals to the remotely located monitors. There is no specialized difference between the operation of lens in still camera and the lenses used in CCTV cameras for security surveillance. The lenses deployed in CCTV cameras are either fixed or interchangeable depending upon the required specifications such as focal lengths, aperture, viewing angle, mounting, or other such characteristics. CCTV lens if compared with the conventional photographic camera lens in which exposure can be controlled through shutter speed and iris opening, has fixed exposure time and only the amount of light passing through imaging device is adjusted through iris openings. The two key aspects to be considered while selecting the lens are the user specified focal length and type of iris control. Different mounting techniques are used to install lenses in order to maintain precision in the video quality.

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Rising adoption of CCTV cameras for security and surveillance purpose has positively affected the market for CCTV lenses to grow substantially. There has been a recent surge in the demand for CCTV cameras in the last few years, owing to mandatory laws set by the governing bodies for installation of CCTV cameras in retail shops, manufacturing units and other verticals in order to maintain 24X7 surveillance and avoid illegitimate activities. With rising security concerns for the domestic utilities installations of CCTV cameras have increased greatly, thereby reinforcing the CCTV lens market to attain the significant market position in terms of revenue generation. However there are various restraints hindering the market growth for CCTV lenses which include limitation in the view, its disability to define the focal length and exposure similar to conventional cameras. CCTV camera deployment has become an extensive utility across major geographies such as the U.S., the U.K., China, Japan, South Asian countries and others, thereby posing an opportunistic growth characteristic for the CCTV lens market.

The CCTV lens market is segmented on the basis on types of lens, mounting type, end-use verticals and geography. Segmentation on the basis of lens types include fixed focal length lens, 3CCD camera lens, super wide fish-eye lens, megapixel vari-focal lens, zoom lens and telephoto lens. Lens mount is the interface between camera body and the lens which can be either electrical or mechanical. Lens mount plays a vital role in setting focus of the lens and varying the axial distance thereby affecting the functionality of the camera. Based on mounting types, the CCTV lens market segmentation includes C mount, CS mount, F mount, D mount, manual iris, and others. The CCTV lens market segmentation based on end-use verticals includes banking financial services and institution (BFSI), healthcare, education, telecom IT, government and defense, retail, manufacturing and others. Regional segmentation encompassing CCTV lens market are inclusive of North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

Some of the key players in the global CCTV lens market are Fujifilm Holdings Corporation, Samsung Electronics Co., Ltd., Olympus Corporation, Seiko Holdings Corporation, Feihua Optoelectronic Technology, and Myutron Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
The world is gradually moving towards 'complete digitization' so can locks be left far behind? In a new report titled 'Electronic Locks Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017-2025,' Persistence Market Research has studied the global electronic locks market over an eight-year period ending in 2025. The electronic locks market report has been prepared with the help of critical metrics such as CAGR, absolute and incremental dollar opportunity, and Y-o-Y growth rate. A few assumptions are made and certain acronyms used for the sake of convenience in the electronic locks market report. These are adequately explained in a separate section and readers are advised to refer to it first.

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Research Methodology

Persistence Market Research has adopted a research methodology that is truly world-class. The analysts start with extensive primary and secondary research in the global electronic locks market. A market player list of every component of the value chain is created and a questionnaire is devised to get all the necessary information pertaining to the electronic locks market. After this stage, the information is thoroughly scrutinized using the triangulation method in which both primary and secondary data are combined with Persistence Market Research analysis to arrive at the final data estimations. This data is examined once again with cutting-edge tools to deliver all the qualitative and quantitative insights into the electronic locks market.


By Product Type

Electromagnetic Locks
Electronic Strikes
Electronic Deadbolts and Latches
By Interconnectivity

By Authentication Method

Numerical Codes and Passwords
Security Tokens
Fingerprint Scanning
Retinal or Iris Scanning
Voice Recognition
By End User

Residential Sector
Commercial Sector
Automotive Sector
By Region

North America
Latin America
Asia Pacific
Middle East & Africa
Report Structure

The global electronic locks market has been divided into five geographic regions for the purpose of this study. Each region has a dedicated chapter wherein an introduction to the regional market dynamics is given along with significant regulations that may pertain only to that region. The regional drivers, restraints, opportunities and threats could be immensely beneficial for those potential market entrants who wish to only target certain high-growth areas of the global electronic locks market. An impact analysis of the drivers and restraints has been made by expert analysts at Persistence Market Research. A current size market forecast for the major countries in every region along with anticipated future growth provides all the information that report readers may require. The regional sections also include the regional market size forecasts on the basis of other aspects of the electronic locks market taxonomy viz. Product Type, Interconnectivity, Authentication Method, and End User.

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It is very difficult to find a market that is completely devoid of any competition and this particularly holds true for something as commonplace as electronic locks. In this informative section, the global electronic locks market structure, company share analysis and the competition intensity mapping by taxonomy give a comprehensive idea of the competitive landscape that present and potential players can expect in the electronic locks market. A few of the global market behemoths have been profiled in the report. A short company overview, key product offerings, and important company developments can be invaluable in a competition analysis. Key financials and ratios complete the competition dashboard.

The electronic locks market report begins with a concise yet lucid executive summary of the global electronic locks market. The electronic locks market has been studied by Persistence Market Research analysts and they have given their expert opinions and recommendations on its current as well as future prospects. The market introduction section is supplementary to the executive summary and can be read together with it. It includes a definition of the electronic locks market as well as market taxonomy. This section can be especially helpful for readers who wish to brush up facts at the grassroots level. The macroeconomic factors that can potentially impact the global electronic locks market and an opportunity analysis conclude this crucial section of the report.

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