Edison, NJ -- (SBWIRE) -- 02/09/2019 -- HTF Market Intelligence released a new research report of 80 pages on title 'Global Smart Lock Market Size Study Forecasts By Type (Contact smart card, Contactless smart card, Hybrid and Dual interface smart card, By Components,( Microprocessor, Memory smart cards) by Communication Protocol (Bluetooth, Wi-Fi, Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others))and Regional Forecasts 2017-2025' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World and important players such as ASSA ABLOY (Sweden),Allegion (Ireland), dorma+kaba (Switzerland), Spectrum Brands (US), Salto Systems (Spain), ,Onity (US), Cansec Systems (Canada), Master Lock (US). , Infineon Technologies AG.
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Summary
Global Smart Lock Market to reach USD 3.4 billion by 2025.
Global Smart Lock Market valued approximately USD 1.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.34% over the forecast period 2017-2025. The driving factor for Smart Lock market is the rising adoption of connected home solutions and soaring need to establish connectivity across all electronic devices and users' houses as a consequence of growing penetration of smart homes as these are the key trends uplifting the market growth and Increasing penetration of smartphones which is also fueling the demand for smart locks over the forecast period. Moreover, technological advancements are estimated to play a key role in the development of this market
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
§ by Lock Type
§ Deadbolts
§ Lever Handles
§ Padlocks
§ Other Locks
§ by Communication Protocol
§ Bluetooth
§ Wi-Fi
§ Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others)
§ by Vertical
§ Commercial
§ Residential
§ Institution & Government
§ Industrial
By Regions:
§ North America
§ U.S.
§ Canada
§ Europe
§ UK
§ Germany
§ Asia Pacific
§ China
§ India
§ Japan
§ Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are ASSA ABLOY (Sweden), Allegion (Ireland), dorma+kaba (Switzerland), Spectrum Brands (US), Salto Systems (Spain), Onity (US), Cansec Systems (Canada), Master Lock (US). Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Smart Lock in Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors
Companies Mentioned in the Report
ASSA ABLOY (Sweden),
Overview
Financial (Subject to Data Availability)
Product Summary
Recent Developments
Allegion (Ireland),
dorma+kaba (Switzerland),
Spectrum Brands (US),
Salto Systems (Spain),
Onity (US),
Cansec Systems (Canada),
Master Lock (US).
Infineon Technologies AG
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Chapter 1. Global Smart Lock Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Smart Lock Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter's 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Lock Market, By Lock Type
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Smart Lock Market, Sub Segment Analysis
5.3.1. Deadbolts
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Lever Handles
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3. Padlocks
5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.4. Other Locks
5.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
....Continued
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