Electronic locks can be deactivated or opened by authentication such as passwords and passphrases, numerical codes, security tokens, RFID, and biometrics, among others.
The key driver of electronic locks market growth is its high demand in the construction industry.
Increasing adoption of electronic locks in mature markets such as Western Europe and the U.S. spurs the growth of electronic locks market.
Asia Pacific is expected to be the fastest growing electronic locks market mainly driven by expanding sales in China.
The Electronic Locks market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electronic Locks.
This report presents the worldwide Electronic Locks market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Honeywell International
Spectrum Brands
Assa Abloy
Cisco Systems
United Technologies
Salto Systems
Panasonic
Vanderbilt Industries
Kiekert Aktiengesellschaft
iLOQ
Kaba
CDV
DynaLock
LockState
Allegion
United Technologies
SimonsVoss
Videx Security
Seoul Commtech
Electronic Locks Breakdown Data by Type
By Product Type
Electromagnetic Locks
Electronic Strikes
Electronic Deadbolts and Latches
By Interconnectivity
Wired
Wireless
By Authentication Method
Numerical Codes and Passwords
Security Tokens
Biometrics
Electronic Locks Breakdown Data by Application
Residential Sector
Commercial Sector
Automotive Sector
Electronic Locks Production by Region
United States
Europe
China
Japan
Other Regions
Electronic Locks Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electronic Locks status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Electronic Locks manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electronic Locks :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Pcs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electronic Locks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Electronic Locks. Industry analysis & Market Report on Electronic Locks is a syndicated market report, published as Global Electronic Locks Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Electronic Locks market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.