Lucintel Forecasts The Global Biometrics Locks Market To Grow With A Cagr Of 17% From 2025 To 2031

By Author: Lucintel LLC
Total Articles: 6175
Comment this article

According to a market report by Lucintel, the future of the global biometrics locks market looks promising with opportunities in the residential and non-residential markets. The global biometrics locks market is expected to grow with a CAGR of 17% from 2025 to 2031. The major drivers for this market are the growing sophistication of biometric technology, rising regulations surrounding data security, and increase in technological advancement.
A more than 150-page report to understand trends, opportunity and forecast in biometrics locks market to 2031 by type (fingerprint recognition, face recognition, and iris recognition), application (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, fingerprint recognition is expected to witness the highest growth over the forecast period.
Within the application category, non-residential is expected to witness the higher growth.
Download sample by clicking on biometrics locks market.
In terms of region, APAC is expected to witness the highest growth ...
... over the forecast period.
Assa Abloy, Samsung Digital Life, Dormakaba Group, Stone Lock, Adel Locks, Tapplock Corp., Allegion, Westinghouse Security, Itouchless, Anviz Global are the major suppliers in the biometrics locks market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Liquid Sulfur Silane Coupling Agent Market
Methanol Automotive Fuel Market
MRO Software Market
Personal Care Chemicals Market
SRM Software Market