Smart Door Lock Market Trend Share Opportunities and Forecast to 2025

QY Research has published the Latest Market Research Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.

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Los Angeles, CA -- (SBWire) -- 05/03/2019 --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.

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. 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 was 1870 million US$ in 2018 and is expected to 4940 million US$ by the end of 2025, growing at a CAGR of 12.9% between 2019 and 2025.

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This report studies the Smart Door Lock (Smart Locks) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smart Door Lock (Smart Locks) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ASSA ABLOY

Samsung

Allegion

Kwikset (Spectrum Brands)

MIWA Lock

Master Lock (Fortune Brands)

Guangdong Be-Tech

Adel

August

Honeywell

Jiangmen Keyu Intelligence

Tenon

Locstar

Probuck

Guangdong Level Intelligent Lock

Dessmann

By the product type, the market is primarily split into

Electronic Cipher Locks

Fingerprint Locks

Z-wave Locks

Wi-Fi Locks

Bluetooth Low Energy Locks

Other

By the end users/application, this report covers the following segments

Household

Commercial

Others

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