Smart Door Lock Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product (Fingerprint Locks, Remote Locks, Electronic Cipher Locks, Others); Technology (Mobile App based, Non-Mobile App based); End User (Commercial, Residential) and Geography
Report Code: TIPRE00009719
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
Smart door locks are installed on the doors, which can be locked or unlocked through various applications on smartphones. Smart door locks are generally keyless locks which can be functioned by Bluetooth and Wi-Fi. Smart door lock provides various benefits such as convenience for elderly and physically impaired people, high security, simplify control on protection, increases accessibility, handled via smartphones, and boosts connectivity. Owing to the increasing number of residential and commercial projects, rapid urbanization, and disposable income, the smart door lock market is anticipated to grow at a high phase.
The increase in urbanized population combined with high demand for the door locks in different end-user industries is the major factor driving the growth of the smart door lock market. Additionally, the growing concerns among the customers regarding the security and safety of the office premises and the other private premises is expected to expand the smart door lock market growth. Moreover, the government and private corporate agencies are upgrading their security installation systems, which is anticipated to boost the growth of the smart door lock market.
The "Global Smart Door Lock Market Analysis to 2028” is a specialized and in-depth study of the smart door lock market with a special focus on the global market trend analysis. The report aims to provide an overview of smart door lock market with detailed market segmentation by product, technology, end user. The global smart door lock market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart door lock market players and offers key trends and opportunities in the smart door lock market.
The global smart door lock market is segmented on the basis of vehicle product, technology, end user. On the basis of product, the market is segmented as fingerprint locks, remote locks, electronic cipher locks, others. On the basis of technology, the market is segmented as mobile app based, non
mobile app based. On the basis of end user, the market is segmented as commercial, residential
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart door lock market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart door lock market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart door lock market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart door lock market in these regions.
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The reports cover key developments in the smart door lock market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart door lock market are anticipated to lucrative growth opportunities in the future with the rising demand for smart door lock market. Below mentioned is the list of few companies engaged in the smart door lock market.
The report also includes the profiles of key smart door lock market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.