Pune, India -- (SBWIRE) -- 08/20/2018 -- Smart Lock Market study with depth analysis, describing about the Service & Industry demand and explain market outlook and status to 2025. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are dominating the Market by its Growth, Share Values and Many More
The smart lock market is expected to reach USD 2.91 billion by 2025 from USD 1.13 billion in 2017 and is projected to grow at a CAGR of 13.46% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Smart Lock Market By Market Type (Deadbolt, Lever/Knob, Padlocks, Other Locks), Unlocking Mechanism (Keypad, App Based, Hybrid/Integrated, Touch To Open), Communication (Bluetooth, Wi-Fi, Other Protocols), Application (Industrial, Residential, Institution & Government, Commercial), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East And Africa) Industry Trends and Forecast to 2025
Competitive Analysis: Global Smart Lock Market
The global Smart Lock market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of Smart Lock market for global, Europe, North America, Asia Pacific and South America.
In 2017 , Allegion to Launch Revamped Locknetics Product Line. Its valuable for increase market share along with new technology based product which leads in market penetration
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Key Players: Global Smart Lock Market
- ASSA ABLOY 2018,
- Allegion plc,
- dormakaba Holding,
- Spectrum Brands, Inc.,
- Onity, Cansec Systems Ltd.,
- Master Lock Company LLC.
- Safewise.
- Spectrum Brands, Inc.
- Schlage ,
- Assa Abloy Group,
- Havenlock Inc. ,
- Home Inc.,
- Kwikset,
- Vivint Inc.,
- Apigy Inc.,
- Schlage,
- Samsung Sdsco. Ltd
- And Others .
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography Overview
i. North America
ii. Europe
iii. Asia-Pacific
iv. South America
v. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Market Drivers and Restraints:
- Increasing demand in the field of mobile computing devices and telecommunication networks.
- Growing demand in Hospitality management.
- Rising focus and investments into smart city infrastructure.
- Rapidly applicable in residential and commercial construction sector.
- Distortion due to high cost of establishment.
Market Segmentation: Global Smart Lock Market
- Unlocking Mechanism,
- communication,
- Application
- geographical segments.
Based on Market type, the market is segmented into
- Deadbolt,
- Lever/Knob,
- Padlocks,
- Other Locks.
Based on Unlocking Mechanism, the market is segmented into
- Keypad,
- App Based,
- Hybrid/Integrated,
- Touch to Open.
Based on Communication,
- Bluetooth,
- Wi-Fi,
- Other Protocols.
Based on Application,
- Industrial,
- Residential,
- Institution & Government,
- Commercial.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as
- North America,
- South America,
- Europe,
- Asia-Pacific and
- Middle East & Africa.
Demand Side Primary Contributors:
- OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors:
- Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other.
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