ALL >> Business >> View Article
Global Digital Door Lock System Market
Global Digital Door Lock System Market size is expected to reach US$ 1.0595 Bn in 2017 and US$ 11.2300 Bn by 2026, expanding at a CAGR of 29.99% during forecast period.
Digital door lock system market is segmented into product type, end user, and region. On basis of product type market is divided into biometrics, and keypad lock. End user segment is classified into Residential, Commercial, Industrial, and Government. Geographically digital door lock system market is spread into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.
As technology being relevant to biometric methods such as face and fingerprint recognition are connected further, the cost of the systems are expected to fall and become more reasonable. In the past years, digital door locking systems have appeared as an efficient tool to quickly verify individuals as well as keep a log of their entrance and exit. On the back of growing small and medium businesses, the market for digital door locking systems is booming. On the other hand, high cost and foot-dragging of populations to move beyond traditional locks is becoming ...
... a restraints, and that is limiting the growth of market.
Digital door lock system are providing efficiency in day to day life ,with the help of biometric door locks you don’t need to remember to bring along your keys when you go out, no more forgotten and lost keys, no need for spare keys, no more cutting keys for visitors, no need to lock your doors. Digital door locks are more reliable and secured, unless and until you don’t get recognised you cannot have access to that door or you cannot enter from that door.
North America and Europe hold the maximum share of digital door lock system market. Rise in premium houses and high standard of living of people.
Key players operated in digital door lock system are 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,
For more information visit@
Scope of Digital Door Lock System Market:
Digital Door Lock System Market by Product type:
• Keypad Locks
Digital Door Lock System Market by End User:
Digital door lock system market by Region:
• North America
• Latin America
• Middle East & Africa
Key Players in Digital Door Lock System are:
• 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.
• Siemens AG.
This Report Is Submitted By @Global Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH
Contact: +91 9607365656
Business Articles1. Mend Associations Via The Help Of Psychics Melbourne
Author: Brenda Pattison
2. Freely Psychic Studying On The Internet
Author: Lavon Thurston
3. Psychic Growth: Imagination, Patience, Practice, Dedication & Intent
Author: Winfred Hillyard
4. The #1 Purpose I Individually Favor And Recommend Psychic Supply
Author: Alica Woolley
5. Psychics In Business: Making Use Of Metaphysics To Business Post 1
Author: Sherryl Daigre
6. How Do I Inform If A Psychic Is Real? The Easy Way To Test If A Psychic Is Good
Author: Carmon Langley
7. A Reside Psychic Can Unravel The Foibles Of Lifestyle
Author: Warren Prenzel
8. Psychic Ability For Newcomers - Begin Here If You Want To Become Psychic
Author: Kendrick Bachmeier
9. Psychic Zodiac Signs - Which One Is Most Psychic?
Author: Rico Phelan
10. Growing Up With A Psychic Medium Mother
Author: Jacinto Hodges
11. Psychic Mediums: Can A Psychic Medium Forecast An Oil Spill?
Author: Helen Lewandowski
12. Psychic Good Luck And Very Best Fortune
Author: Jerri Way
13. Psychic Medium - How To Know When Your Guardian Angels Are Trying To Assist You
Author: Caitlyn Gepp
14. How To Find The Right Women's Fashion Outfits
15. How To Trade Scrap Metal For Cash Near You