Global Electronic Home Locks Market 2018-2022 by Authentication Method, Connectivity, Product and Distribution Channel - Market to Grow at a CAGR of 16.41% - ResearchAndMarkets.com

DUBLIN--()--The "Global Electronic Home Locks Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global electronic home locks market to grow at a CAGR of 16.41% during the period 2018-2022.

One trend in the market is growing urbanization enabling the category growth opportunity. The growing urbanization has played a vital role in the rising adoption of electronic locks among households. The improvement in global digitalization is also driving the demand for electronic home locks. In urban areas, electronic locks and their benefits are gradually gaining popularity among the population.

According to the report, one driver in the market is increasing integration of advanced technologies. Electronic home locks are operated either on battery or electricity, and these are more expensive than regular home locks. The high price of electronic home locks is attributed to the introduction of technologically advanced security and locking system. Smart connectivity is one of the latest technologies incorporated in electronic locks.

Further, the report states that one challenge in the market is intense competition from alternative products. The manufacturers of electronic home locks experience intense competition from alternative products such as regular home locks. Individuals are still confident about the ordinary home locks that are operated through keys. In addition, these regular home locks are less priced as compared to the electronic home locks.

Key Vendors

  • Allegion
  • ASSA ABLOY
  • Honeywell International
  • SAMSUNG
  • Spectrum Brands

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation by Authentication Method

Part 08: Market Segmentation by Connectivity

Part 09: Market Segmentation by Product

Part 10: Customer Landscape

Part 11: Market Segmentation by Distribution Channel

Part 12: Regional Landscape

Part 13: Decision Framework

Part 14: Drivers and Challenges

Part 15: Market Trends

Part 16: Vendor Landscape

Part 17: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/v5jbjj/global_electronic?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Physical Access Control

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Physical Access Control