Digital Door Lock System Market by Product Type (Biometrics and Keypad Locks) and by End-user (Residential, Commercial, Industrial, and Government): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2024

Global digital door lock system market expected to reach approximately USD 10068.08 million in 2024, growing at a CAGR of slightly above 30.86% between 2018 and 2024. Global digital door system market has a huge industry potential owing to the rising security concerns in residential as well as commercial buildings.

31-Jul-2018 | Number of pages: 110 | Report Code: ZMR-1883 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the digital door lock system market on a global and regional level. The study provides historic data for 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the digital door lock system market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the digital door lock system market on a global level.

This report offers comprehensive coverage of the global digital door lock system market along with, market trends, drivers, and restraints of the digital door lock system market. This report includes a detailed competitive scenario and the product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the digital door lock system market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary, and the primary research team of industry experts.

Global Digital Door Lock System Market

The study provides a decisive view of the digital door lock system market by segmenting the market based on product type, end-user, and region. The product type segment is divided into biometrics and keypad locks. The biometrics segment is further categorized into face recognition, iris recognition, voice recognition, signature recognition, fingerprint recognition, and vein and palm recognition. Keypad locks segment is sub-segmented into magnetic stripe, electromechanical, and electric strike. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with further country wise bifurcation include the U.S., UK, France, Germany, China, Japan, India, and Brazil.

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global digital door lock system market which include Hanman International Pvt Ltd., Nestwell Technologies, Godrej & Boyce Manufacturing Company Ltd., Cisco Systems, Inc., Panasonic Corporation, Hitachi Ltd., Wintec Electronic Tech Co. Ltd., Assa Abloy Group, Xeeder Technology Co. Ltd., United Technologies Corporation, Honeywell International Inc., and Siemens AG, among others.

The report segments the global digital door lock system market as follows:

Digital Door Lock System Market: Product Type Segment Analysis

  • Biometrics
    • Face Recognition
    • Iris Recognition
    • Voice Recognition
    • Signature Recognition
    • Fingerprint Recognition
    • Vein and Palm Recognition
  • Keypad Locks
    • Magnetic Stripe
    • Electromechanical
    • Electric Strike

Digital Door Lock System Market: End-User Segment Analysis

  • Residential
  • Commercial
  • Industrial
  • Government

Digital Door Lock System Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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