[PDF] Smart Locks Market : Never Changing Growth Top Secret Which Will Drive Your Business To Next Level

Keyword Market

Conventional smartphones, laptops and other communication devices have witnessed saturation and the global demand has declined significantly over the past few years. Conventional technologies are being replaced by smart alternatives featuring connectivity, innovative applications, and artificial intelligence for independent decision making. Moreover, inclination of industry participants and consumers towards these technologies is expected to transform the global landscape of consumer products, home products, and business solutions over the forecast period. Such state of the art technologies are presented as part of this segment study.

What Is Smart Locks?

A smart lock is an electrical and mechanical lock system that performs locking and unlocking function when receive instructions from the authorized user. These instructions are transferred from smartphones, wearable devices and tablets using Wi-Fi or Bluetooth connection. Smart locks are used to provide notifications through SMS and e-mail and also provide image of the person at the door. Smart locks are an integral part of smart homes, which allow homeowners to enter their home without requiring traditional key. Many smart locks uses mobile apps or websites allow homeowners to grant access to third parties by sending a virtual key. Some smart locks come with a camera, which provides a picture of individuals accessing the door.

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Key Players in Smart Locks Market: Apigy Inc. (Lockitron), Schlage, Kwikset, Honeywell International Inc., Havenlock Inc., Panasonic Corporation, Samsung SDS Co., Ltd, Vivint, Inc., August Home Inc., and Assa Abloy Group.

Smart Locks Market Taxonomy:

Global Smart Locks Market, By Product Type:

  • Deadbolt
  • Lever/Knob

Global Smart Locks Market, By Unlocking Mechanism:

  • Keypad
  • Touch Screen
  • App Based
  • Hybrid/Integrated

Global Smart Locks Market, By Application:

  • Government
  • Commercial
  • Industrial
  • Residential

Frequently Asked Questions (FAQ) :

Is Smart Locks Market Booming In Near Future?

Yes, The Global Smart Locks Market is expected to be valued at US$ 1,718.8 million by 2027, exhibiting a CAGR of 18.8 % during the forecast period (2019-2027)

Which are the prominent Smart Locks market players across the globe? Can i Add Specific Company?

Yes, You can add Specific Company upto 3 Companies.

Companies Covered as part of this study include: Apigy Inc. (Lockitron), Schlage, Kwikset, Honeywell International Inc., Havenlock Inc., Panasonic Corporation, Samsung SDS Co., Ltd, Vivint, Inc., August Home Inc., and Assa Abloy Group.,

Can i Ask For Customization as per My Requirement?

Yes, You can Customise This Report as per Your Requirement Such as Region Wise or Country Wise Data.

For Customization You Can Just Click Here and Tell Us about Your Requirement.

Which Geographic Segmentation Covered In The Market Report?

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Key questions answered in this report

  • What will the market size be in 2026 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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