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Global Digital Door Lock System Market By Type (Bio metrics , Keypad ), By End Use (Residential, Industrial, Commercial), By Application (Residential , Non residential), By Technology (Manual, Automatic) - Business Overview, Analysis and Industry Forecast 2018-2023.

 Technology

Report Overview

Global Digital Door Lock System Market was valued at USD XX Billion in the year 2017. Global Digital Door Lock System Market Report is further estimated to grow at a CAGR of XX from 2018 to reach USD XX Billion by the year 2023. The North America region holds the highest market share in 2017 and Europe is considered as the fastest growing market in the forecasted period. At country level, China and India are projected to grow strongly in the coming years due to rising population and improved technology.

Hanman (Singapore), nestwell.co.in (UK), Godrej.com (India) are some of the key players in the Global Digital Door Lock System market report. Rising research and development expenses to cater changing demand of end users, similarly growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

            Growing demand for enhanced security solutions

            Increased popularity of advanced security solutions. For e.g., face recognition.

            Increase in the rate of burglaries, property crimes etc.

Restraints:

            Expensive and not so cost friendly

Opportunities:

            Investment by R&D Department

            Upsurge in industrialization and expansion of business

Challenges:

            Intense competition among the producers

The Global Digital Door Lock System Market is segmented as By Type, End user, Application and Technology and Region

The Type segment is segmented as biometrics, keypad and multiple function. Biometrics, contributes to the highest market share due to wide scale deployment of fingerprint recognition devices across commercial and residential sectors.

The End Use segment is divided as residential, industrial, and commercial and government in which commercial sector has the highest share in market.

The Application segment is segmented as residential and non -residential in which non-residential contributes to the highest market share.

The Technology segment is divided into manual, automatic and access control in which the automatic segment has the highest market share.

Among all, it is expected that the use of automatic segment will be growing at a moderate CAGR of XX % in the assessment period. 

 

Key Benefits for Stakeholders

Technology Investors

Research and Consultancy Firms

Technology solution providers

Regulatory agencies

By Type

Bio metrics

Keypad

Multiple function

By End Use

Residential

Industrial

Commercial

Government

By Application

Residential

Non residential

By Technology

Manual

Automatic

Access Control

By Region

North America

Europe

Asia-Pacific

RoW

 

Key Market Players

Hanman

 

Nestwell Co.

 

Godrej.com

 

Cisco Systems

 

Allegion plc

 

Panasonic Corporation

 

Hitachi, Ltd

 

Wintec Electronic Tech Co., ltd

 

Assa Abloy

 

Xeeder Technology Co., Ltd.

 

(Another brief information of 10 companies will be provided in report.

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6.      Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

List of Figures

Figure 01: Global Digital Door Lock System Market
Figure 02: Revenue Share
Figure 03: Global Biometric Digital Door Lock System Market Size (US$ Mn) , 2018-2023
Figure 04: Global Keypad Door Lock System Market Size (US$ Mn) , 2018-2023
Figure 05: Global Biometric Digital Door Lock System Market Value Share Analysis, By Product Type, 2016 and 2024
Figure 06: Global Keypad Digital Door Lock System Market Value Share Analysis, By Product Type, 2016 and 2024
Figure 07: Digital Door Lock System Market Attractiveness Analysis, By Product Type
Figure 08: Global Digital Door Lock System Market Value Share Analysis, By End-use Adoption Type, 2016 and 2024
Figure 09: Digital Door Lock System Market Size (US$ Mn)  in Government Sector, 2015 – 2024
Figure 10: Digital Door Lock System Market Size (US$ Mn)  in Commercial Sector, 2015 – 2024
Figure 11: Digital Door Lock System Market Size (US$ Mn)  in Industrial Sector, 2015 – 2024
Figure 12: Digital Door Lock System Market Size (US$ Mn)  in Residential Sector, 2015 – 2024
Figure 13: Global Digital Door Lock System Market Value Share Analysis, By Region, 2016 and 2024
Figure 14: Digital Door Lock System Market Attractiveness Analysis, By Region
Figure 15: North America Digital Door Lock System Market Size and Volume Y-o-Y Growth Projections, 2015 – 2024
Figure 16: North America Market Size (US$ Mn) By Biometric Door Lock Type, 2018-2023
Figure 17: North America Market Value Share Analysis, By Door Lock Type, 2016 and 2024
Figure 18: Market Attractiveness, By Door Lock Type
Figure 19: Market Attractiveness, By End-use Adoption
Figure 20: Europe Digital Door Lock System Market Size and Volume Y-o-Y Growth Projections, 2015 – 2024
Figure 21: Europe Market Size (US$ Mn) By Biometric Door Lock Type, 2018-2023
Figure 22: Market Attractiveness, By Door Lock Type
Figure 23: Market Attractiveness, By End-use Adoption
Figure 24: Asia Pacific Digital Door Lock System Market Size and Volume Y-o-Y Growth Projections, 2015 – 2024
Figure 25: Asia Pacific Market Size (US$ Mn) By Biometric Door Lock Type, 2018-2023
Figure 26: Asia Pacific Market Value Share Analysis, By Door Lock Type, 2016 and 2024
Figure 27: Asia Pacific Market By Biometric Door Lock Type, 2018-2023
Figure 28: Market Attractiveness, By Door Lock Type
Figure 29: Market Attractiveness, By End-use Adoption
Figure 30: Middle East and Africa Digital Door Lock System Market Size and Volume Y-o-Y Growth Projections, 2015 – 2024
Figure 31: Middle East and Africa Market Size (US$ Mn) By Biometric Door Lock Type, 2018-2023
Figure 32: Middle East and Africa Market By Keypad Door Lock Type, 2018-2023
Figure 33: Market Attractiveness, By Door Lock Type
Figure 34: Market Attractiveness, By End-use Adoption
Figure 35: South America Digital Door Lock System Market Size and Volume Y-o-Y Growth Projections, 2015 – 2024
Figure 36: South America Market Size (US$ Mn) By Biometric Door Lock Type, 2018-2023
Figure 37: Market Attractiveness, By Door Lock Type
Figure 38: Market Attractiveness, By End-use Adoption
Figure 39: Digital Door Lock System Manufacturers: Market Positioning of Key Players, 2015

Summary

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