Edison, NJ -- (SBWire) -- 01/20/2020 --Advance Market Analytics released the research report of Global Smart Door Locks Market, offers a detailed overview of the factors influencing the global business scope. Smart Door Locks Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Smart Door Locks. This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are ASSA ABLOY [Sweden],Samsung [South Korea],Allegion [Ireland],Kwikset [United States],MIWA Lock [Japan],Master Lock [United States],Guangdong Be-Tech [China],Adel [China],August Home Inc [United States] ,Honeywell [United States],Jiangmen Keyu Intelligence [China],Tenon Group [India],Locstar Technology Co., Ltd [United States],Shenzhen Probuck Technologies Co. Ltd. [China],Godrej Group [India],Schlage [United States],AVEN Lock, Inc [United States],ASSA ABLOY India Pvt. Ltd. [India],Techlicious LLC [United States],DESSMANN Schliessanlagen GmbH [Germany],Hitachi [Japan].
Definition:
Smart door locks are automatic key-less locks that are installed on the doors and they are operated by various applications through smartphone. These locks provide real time information about individual’s access and can be operated by Wi-Fi, Bluetooth, bio-metric and electromagnetic sensors. Owing to growing number of smart homes and smart city projects, the demand for smart door locks are expected to exhibit sound growth during foretasted period.
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Market Trends
- Rising Adoption in Non-Residential Application
- Finger Print Locks are in Demand Owing to Their Reliability
Market Drivers
- Rising Urban Population
- Growing Digitization and Smartphone Penetration
- Rise in Construction of Smart Apartment
Restraints
- High Material Cost
- Risk of Intrusion and Technology Breach
Opportunities
- Growth in Commercial and Hospitality Sector
- People Inclination Towards Smart Home Solutions in Emerging Countries
Challenges
- Non-Functional in Case of Power Outage
- Lack of Technology Awareness in Rural Area
The Global Smart Door Locks Market segments and Market Data Break Down are illuminated below:
Type (Electronic Cipher Locks, Fingerprint Locks, Remote Locks, Bio-metric Based Smart Locks, Face Recognition Door Locks, Magnetic Strip Door Locks, Palm Recognition Door Locks, Others)
Application (Household, Commercial, Other), Connectivity Technology (Mobile App Based, Wi-Fi, Bluetooth)
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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Smart Door Locks Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Smart Door Locks market
Chapter 2: Exclusive Summary – the basic information of the Smart Door Locks Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Smart Door Locks
Chapter 4: Presenting the Smart Door Locks Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Smart Door Locks market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Smart Door Locks Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Smart Door Locks Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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What benefits does AMA research studies provides?
- Supporting company financial and cash flow planning
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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Here's Why 2020 Could Be Another Big Year for Smart Door Locks Market : Allegion, Kwikset, August Home