Commercial Digital Door Lock Market Report 2023 (Global Edition)
Market Research Report 7th Edition Includes- Market Timeline 2018 till 2030, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
| Report ID: CMR514197 | Edition: 7th Global Edition
| The base year for the calculation is 2023 and 2018 to 2023 will be historical period. The year 2023 will be estimated one while the forecasted data will be from year 2023 to 2028. When we deliver the report that time we updated report data till the purchase date. PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access. |
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Key Insights from Commercial Digital Door Lock Market Report
According to Cognitive Market Research, The Global Commercial Digital Door Lock market will rise at a compound yearly growth rate (CAGR) of 13.10% from 2023 to 2030.
- The demand for commercial digital door lock is rising due to the increasing adoption of smart connecting technologies.
- The commercial digital door lock market's demand for growing need for identification, rising public awareness, and increasing safety and security.
- The magnetic stripe locks category held the highest commercial digital door lock market revenue share in 2023.
- North America will continue to lead, whereas the Asia Pacific commercial digital door lock market will experience the strongest growth until 2030.
| Base Year | 2023 |
| Historical Data Time Period | 2018-2023 |
| Forecast Period | 2023-2030 |
| Global Commercial Digital Door Lock Market Compound Annual Growth Rate (CAGR) for 2023 to 2030 | 13.1% |
Commercial Digital Door Lock Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Commercial Digital Door Lock Market Report Description
Introduction of Commercial Digital Door Lock
Coss-border contact has become more intense due to globalization, increasing the need for translation, localization, and interpretation services. Increased demand for sustainable security and convenience and increasing adoption of smart connecting technologies are the key market drivers enhancing market growth, surging investment in smart city and industrial projects to acc the market, growing need for identification, rising public awareness, and increasing safety and security.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the commercial digital door lock industry.
For instance, according to the White & Case smart cities survey, 15% of Al and loT technologies and 16% of mobile phone apps were used to design and launch smart cities.
(Source:www.uscc.gov/sites/default/files/China_Smart_Cities_Development.pdf)
Growing Adoption of Emerging Connecting Technologies Is a Prominent Market Driver
One of the key trends in the market is the rising implementation of progressive connecting technologies like Bluetooth, Z-wave, 5G networks, Zigbee, and others. Important players are embracing technology to enhance intelligent lock security systems for usage in homes and businesses.
In September 2022, In order to provide everyday smart home access, Yale Home unveiled Yale Assure Lock 2, its new flagship re-designed smart locks. Yale Assure Lock 2 connects Bluetooth and Wi-Fi to control the lock distance.
The rise of smart grids, IoT, and connectivity solutions further enhances CCS's appeal, offering seamless integration with renewable energy sources and grid management. It ensures efficient charging and contributes to reducing carbon emissions, aligning with global sustainability goals.
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Increasing Investment in Industrial and Smart City Projects to Speed Up Market Growth
The market share is anticipated to increase as a result of investments in different smart city and industrial initiatives. In line with plans for smart cities, a number of industry firms, including August Home, DESSMANN, ASSA ABLOY AB, Godrej Group, and others, concentrate on door lock technologies and solutions for numerous governmental, commercial, and residential buildings. To increase the range of products they offer, its businesses want to carry out business methods including partnerships, mergers, and acquisitions. For instance,
ASSA ABLOY announced a collaboration with Bird Home Automation GmbH (DoorBird), a German high-grade IP door intercom manufacturer, to integrate ASSA ABLOY's smart solutions with IP door intercoms to accelerate its penetration in the smart residential home segment
(Source:www.securitysystemsnews.com/article/assa-abloy-acquires-germany-based-maker-of-doorbird)
Governments and corporations invest heavily in EV infrastructure, contributing to the market's growth. The integration of CCS into smart city initiatives and industrial developments is expected to accelerate market expansion, making CCS a crucial component of the sustainable mobility ecosystem.
Market Dynamics of Commercial Digital Door Lock
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Lack of Knowledge About Intelligent Door Locks May Prevent Product Adoption
The commercial digital door lock market faces a notable restraint due to a lack of awareness about intelligent door locks. This obstacle hinders widespread product adoption. Many potential consumers remain uninformed about the benefits and features of these advanced security solutions. This knowledge gap leads to hesitancy in transitioning from traditional lock systems. Additionally, misconceptions or uncertainties regarding the technology may further deter potential buyers. To overcome this challenge, concerted efforts in education and marketing are crucial to enlighten the market about the advantages and functionalities of intelligent door locks, thus driving their acceptance and uptake.
Impact of COVID-19 on the Commercial Digital Door Lock
Growing demand for smart door locks during COVID-19 fueled market growth. The COVID-19 pandemic significantly increased the need for sophisticated home security systems to prevent infection or spread of the disease among people who are not utilising the recommended safeguards, such as masks or hand sanitizer. To stop the spread of the virus, people all over the world have started putting in smart home appliances that need less interaction with humans and are replacing conventional security systems.
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Commercial Digital Door Lock Market Analysis
Global Commercial Digital Door Lock Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Commercial Digital Door Lock Industry growth. Commercial Digital Door Lock market has been segmented with the help of its Type, Application , and others. Commercial Digital Door Lock market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Type Segment Analysis
Magnetic stripe locks have been a staple in access control for decades. These locks utilize magnetic stripe cards for authentication, creating a cost-effective choice for many businesses and organizations. It was relatively simple to install and maintain, and their technology is well-understood by security professionals. Despite their long-standing presence, magnetic stripe locks have certain limitations. They are vulnerable to card cloning and are gradually replaced by more secure technologies in high-security applications.
Electromechanical door locks represent a step up in security compared to magnetic stripe locks. They rely on electronic components and often incorporate features like keypads, RFID card readers, and biometric scanners for access control. Its locks offer a higher level of security and flexibility regarding user authentication. Electromechanical door locks are widely used in commercial buildings, government facilities, and healthcare institutions where stringent security measures are necessary.
- Magnetic Stripe Locks
- Electromechanical Door Locks
- Electric Strike Locks
Commercial Digital Door Lock Market Share (%) by Type in 2018-2030
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Commercial Digital Door Lock Industry. Request a Free Sample PDF!
Application Segment Analysis
Malls have emerged as strategic locations for CCS installations due to their high foot traffic and the growing trend of consumers visiting shopping centers. CCS stations in malls offer EV owners the convenience of charging their vehicles while shopping or dining, enhancing the overall customer experience. Mall operators increasingly recognize the value of charging services to attract EV-driving shoppers.They can be integrated with other systems like CCTV and alarm systems, providing a comprehensive security solution. Additionally, keyless entry and remote access management are highly desirable in busy mall environments. Factors like foot traffic, retail trends, and technological advancements influence the market in this segment.
Office buildings play a crucial role in the CCS market, catering to the needs of employees and visitors who drive electric vehicles. Many companies prioritize sustainability and provide EV charging infrastructure as an employee benefit. Office building owners recognize the potential revenue streams from charging services, making it a profitable investment. Additionally, features like time-based access and audit trails cater to the specific needs of office environments. Market trends are influenced by factors such as the proliferation of commercial spaces, smart building technologies, and an increased emphasis on workplace security.
- Mall
- Office Buildings
- Hotel
- Other
Commercial Digital Door Lock Market Share (%) by Application in 2018-2030
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Commercial Digital Door Lock market report 2023 Edition by contacting our team.
The North America Commercial Digital Door Lock Market dominates the Largest Share of Global Market
The commercial digital door lock market has been experiencing steady growth globally, with various regions contributing to its expansion. The largest market for commercial digital door locks was North America, driven by a well-established construction industry, a high adoption rate of advanced technologies, and a growing awareness of security solutions. The acceptance of comprehensive technologies and the rapid spread of smart homes in nations such as the United States, Canada, and Mexico are driving the region's growth. The increased use of devices like smart speakers by consumers makes them a potential audience for any regional e-commerce firm.
Due to the increasing number of smart city projects in nations such as India, Japan, China, South Korea, ASEAN, Oceania, and others, Asia Pacific is expected to be the fastest-growing area. Furthermore, in order to achieve a major market share, firms are producing innovative smart door locks. In China, Xiaomi released the Smart Door Lock E10, which has a fingerprint scanner, NFC, and a keypad to enable numerous methods to unlock the door. This door lock features 99% accurate fingerprint recognition and a 0.5-second latency that connects through Bluetooth and unlocks the door with a smartphone or wristwatch. Additionally, the escalating need for enhanced security measures in commercial spaces and a shift towards smart home technologies contributed to the rising demand for digital door locks in this region.
The current report Scope analyzes Commercial Digital Door Lock Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
- North America (United States, Canada, Mexico)
- Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
- Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
- South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
- Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)
Commercial Digital Door Lock Market Share (%) by Region (2018-2030)
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Author's Conclusion
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Commercial Digital Door Lock Market is witnessing significant growth in the near future.
In 2023, the Magnetic Stripe Locks segment accounted for noticeable share of global Commercial Digital Door Lock Market and is projected to experience significant growth in the near future.
The Mall segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Vivint , Panasonic Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Author's Detail
Sneha MaliResearch Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
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Frequently Asked Questions (FAQs)
Key Questions Answered By Commercial Digital Door Lock Market Report 2023
| Why Magnetic Stripe Locks have a significant impact on Commercial Digital Door Lock market? |
| What are the key factors affecting the Magnetic Stripe Locks and Electromechanical Door Locks of Commercial Digital Door Lock Market? |
| What is the CAGR/Growth Rate of Mall during the forecast period? |
| By type, which segment accounted for largest share of the global Commercial Digital Door Lock Market? |
| Which region is expected to dominate the global Commercial Digital Door Lock Market within the forecast period? |
- Measures to Explore Untapped Market
- Understanding Market Dynamics
- Understanding Changing Economics
- Competitors Market Share
- Global/Region/Country Level Analysis
- Identify Upcoming End Use Industries
- Global Price Trend Analysis
- Value Chain Analysis
- Customer Sentiment/Need Analysis
- Identification of Key Growth Segments
- Industry Upstream and Downstream Analysis
- Raw Material Sourcing and Cost Analysis
- Identify Key Customers Across Globe
- Concept Development and Market Testing
- Merger-Acquisition Strategy
- The research study and report are been made exclusively for an institution or person who is strategizing to build a business or strategically wants to expand certain portfolio.
- This report will help in analyzing complete market scenario across the globe who wish to expand their current business or is willing to invest in some profitable sector.
- This report will prove beneficial for person or an organization who wish to be updated regarding their business environment, consumers’ behaviour, and their requirements. The environment is constantly changing, and in such scenario, this report will help in understanding market parameters through 360-degree view.
- The report is thus ideal for KOL, CEO's, CFO's, directors, and others. It is also helpful to senior executives, business development managers, marketing managers, and consultants. Furthermore, government bodies, agencies and other kind of organizations can also leverage our report to understand market.
- Our objective for the Commercial Digital Door Lock market is to help in making imperative business decisions, securing investments, determining new business opportunities in the market. Further, the report helps to analyze overall marketing needs of customers, and avoid business failures.
- To know the potential market size and growth rate before launching a new product line. The report in a way helps in designing R&D budget wisely by estimating maximum total profit.
- To identify the Commercial Digital Door Lock market dynamics, industrial insights, and economic progression for critical information about the market conditions and specific business landscape.
- To assess the overall competitive landscape of a particular business sector and to provide complete analysis in regards with various external factors impacting the market growth.
- To create a strong foundation for building a strategy and foster insight into market conditions so that market players can make better business decisions. Besides, we aim to provide a complete portfolio of the major players involved the market.
- To define the scope which will further help in creating new products that will surpass the gap between current offerings and customers’ needs.
- To help in revealing significant clues concerning buying habits, regional culture, lifestyle, and population density that plays an integral role in shaping market behavior.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market.
- Competitors Analysis: We provide data from the supplier side covering key details such as market share split among 1st tier, 2nd tier, and 3rd tier, Emerging Players, and Start-Ups. (whereas most of our competitors published data for top-tier companies)
- We provide market revenue share not only for Public listed companies but also the privately listed companies.
- Country Analysis: The Country level market split analysis is part of the report hence the data granularity is provided.
- We have been closely working with the Top 500 Fortune businesses, our clientele spanning 20+ industries. Our clientele is a mix of investors, manufacturers, end-users, distributors, etc. With our data subscription model (Athenaeum) 70% of clients have already subscribed/purchased reports for multiple years which helped us achieve unbelievable client retention statistics.
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Industry segmentation can be altred as per your needs. For example, we can proivde cross slipt between Magnetic Stripe Locks with Application, , additional country analysis, volume/consumption data, etc.
| Major Type Analysed |
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| Major Application Analysed |
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| Top Manufacturers Disclosed |
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| Global, Regional and Country Analysis |
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| Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Commercial Digital Door Lock industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
| Segmentation Level Customization | |
| Global level Data Customization | |
| Region level Data Customization | |
| Country level Data Customization | |
| Company Level | |
| Additional Data Analysis | |
| Additional Qualitative Data | |
| Additional Quantitative Data | |
| Service Level Customization | Report Format Alteration |
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Revenue Edition
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Revenue & Volume Edition
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Volume Edition
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This chapter helps you to understand the importance of report and how we designed the report scope of Commercial Digital Door Lock market. As per your requirement we can also design the market scope as a customised report.
- 1.1 Global Commercial Digital Door Lock Industry Introduction
- 1.2 Objectives of the Study
- 1.3 USP of the Report
- 1.4 Who is this report for?
- 1.5 Designing of Market Scope
- 1.5.1 Commercial Digital Door Lock Market Segmentation
- 1.5.1 Commercial Digital Door Lock Market Regional Fragmentation
- 1.5.1 Commercial Digital Door Lock Market Players
- 1.6 Report Duration
- 1.7 List of Stakeholders
This chapter provides insights on our data collection and data validation process. It covers detailed information on wide range of sources referred during the study.
- 2.1 Commercial Digital Door Lock Market Report 2023 Research Methodology
- 2.2 Systematic Research Approach
- 2.2.1 Primary Research
- 2.2.1.1 Key Data from Primary
- 2.2.1.2 Primary Interviews with Experts
- 2.2.1.3 Key Industry Insights
- 2.2.1.4 Questionnaire
At Cognitive Market Research, we have designed questionnaire focused on Commercial Digital Door Lock Market for the statistical study. This questionnaire is the key part of our research methodology which is shared with number of Commercial Digital Door Lock industry experts of entire value chain, located across the globe. This study help us to gather accurate quantitative and qualitative data for the final report.
- 2.2.1.5 Breakdown of Primaries
- 2.2.2 Secondary Research
- 2.2.2.1 Key Data from Secondary
- 2.2.2.2 Paid Sources
- 2.2.2.3 Public Sources
- 2.2.1 Primary Research
- 2.3 Market Size Estimation
- 2.3.1 Top-Down Approach
- 2.3.1.1 Analyzing Market Size by Top-Down Approach (Supply Side)
- 2.3.1 Bottom-UP Approach
- 2.3.1.1 Analyzing Market Size by Bottom-Up Approach (Demand Side)
- 2.3.1 Top-Down Approach
- 2.4 Market Breakdown and Data Triangulation
- 2.5 Research Assumptions
The executive summary is an overview of a Commercial Digital Door Lock Market Report. In this chapter we have summarized the overall report data in snapshot format.
- 3.1 Global Commercial Digital Door Lock Market Size 2018 – 2030, (USD Million)
- 3.2 Global Commercial Digital Door Lock Value, Absolute & Opportunity Analysis
- 3.3 Global Commercial Digital Door Lock Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
- 3.4 Global Commercial Digital Door Lock Market Statistics 2023: Snapshot
This chapters incorporated product description overview and regional sales statistics for the year 2018-2030.
- 4.1 Commercial Digital Door Lock Introduction
- 4.2 Global Commercial Digital Door Lock Market Statistics by Regions (2018-2030)
- 4.2.1 North America Commercial Digital Door Lock Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.1.1 North America Commercial Digital Door Lock Market Size 2023 & 2030 (Revenue Comparison)
- 4.2.2 Europe Commercial Digital Door Lock Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.2.1 Europe Commercial Digital Door Lock Market Size 2023 & 2030 (Revenue Comparison)
- 4.2.3 Asia Pacific Commercial Digital Door Lock Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.3.1 Asia Pacific Commercial Digital Door Lock Market Size 2023 & 2030 (Revenue Comparison)
- 4.2.4 Latin America Commercial Digital Door Lock Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.4.1 Latin America Commercial Digital Door Lock Market Size 2023 & 2030 (Revenue Comparison)
- 4.2.5 Middle East and Africa Commercial Digital Door Lock Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.2.5.1 Middle East and Africa Commercial Digital Door Lock Market Size 2023 & 2030 (Revenue Comparison)
- 4.2.1 North America Commercial Digital Door Lock Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
- 4.3 Global Commercial Digital Door Lock Market Size (2018-2030)
- 4.3.1 Global Commercial Digital Door Lock Market Size 2023 & 2030 (Revenue Comparison)
- 4.3.2 Global Commercial Digital Door Lock Revenue Status and Outlook (2018-2030)
This chapter covers a competitive analysis of the global Commercial Digital Door Lock market, and it includes quantitative information such as revenue and market share of the manufacturers. The chapter also includes information regarding the strategies adopted by the manufacturers such as mergers, acquisitions, and new product launches.
- 5.1 Global Commercial Digital Door Lock Market Revenue and Share by Manufacturers (2018-2022)
- 5.2 Global Commercial Digital Door Lock Industry Mergers and Acquisition Analysis
- 5.3 Global Commercial Digital Door Lock New Launches Analysis
- 5.4 Company Categorization
- 5.5 Global Commercial Digital Door Lock Top Winning Strategies, by Manufacturers (2018-2022)
ESG analysis is the consideration of all factors in investment including environmental, social, and governance (ESG) factors. ESG integration is key part of the investment process. ESG analysis helps to measure company’s goals and progress when it comes to climate change, social improvement and good governance.
- 6.1 Overall Company’s Disclosure Score
This chapter helps you understand the Market Drivers, Market Restrain, Market Opportunity and Trends by each segment.
- 7.1 Commercial Digital Door Lock Industrial Dynamics
- 7.1.1 Global Commercial Digital Door Lock Market Drivers
- 7.1.2 Global Commercial Digital Door Lock Market Restrains
- 7.1.3 Global Commercial Digital Door Lock Market Opportunities
- 7.1.4 Global Commercial Digital Door Lock Market Trends
- 7.1.5 Global Commercial Digital Door Lock Technology (Road Map)
- 7.2 Commercial Digital Door Lock Market Attractiveness Analysis
- 7.1.1 Market Attractiveness Analysis by Type Segment
- 7.1.2 Market Attractiveness Analysis by Application Segment
- 7.3 PESTEL Analysis for Commercial Digital Door Lock Market
- 7.3.1 Political Factors
- 7.3.2 Economic Factors
- 7.3.3 Social Factors
- 7.3.4 Technological Factors
- 7.3.5 Legal Factors
- 7.3.6 Environmental Factors
- 7.4 Porter’s Five Forces Analysis for Commercial Digital Door Lock Market
- 7.4.1 Bargaining Power of Suppliers
- 7.4.2 Bargaining Power of Buyers
- 7.4.3 Threat of Substitutes
- 7.4.4 Threat of New Entrants
- 7.4.5 Degree of Competition
- 7.5 Commercial Digital Door Lock Market Product Life Cycle
- 7.6 COVID-19 Impact on Commercial Digital Door Lock Industry
- 7.4.1 Overall Impact of COVID-19 on Commercial Digital Door Lock Industry
- 7.4.2 Post COVID-19 Impact and Recovery Analysis
- 7.4.3 Influencing Factors
- 7.7 Consumer Preference Analysis for Commercial Digital Door Lock Market
- 7.8 Patent Analysis of Commercial Digital Door Lock
- 7.9 Commercial Digital Door Lock Industrial Chain Analysis
- 7.10 Manufacturing Cost Analysis
- 7.11 Supply Side Analysis
This segment of the report provides in-depth and pertinent information on every foremost player in the market through both primary and secondary research. The Company Basic Information, and Sales Area chapter includes ten or more key players, which are dominating the market. Each company profile includes demystifying professional information in a tabular format, which comprises the company’s official website, established year, market position, geographical presence, competitors, and contact information. Further, company profiling includes an in-detailed business overview, COVID-19 impact on the particular firm, product type specifications, revenue & market share, and recent developments done by the company for its inorganic development, such as mergers, strategic acquisitions, partnerships, and others. Besides, profiling includes the company’s investment in research and development activities. The recent innovative product launches, business expansion, investments done by the company in different markets, and other news are also available in the company profiling section. At last, it provides the company’s business strategy and SWOT analysis.
- 8.1 Vivint
- 8.1.1 Vivint Company Basic Information, and Sales Area
- 8.1.2 Vivint Business Segment/ Overview
- 8.1.3 Vivint Financials
- 8.1.3.1 Investment in Research and Development
- 8.1.3.2 Vivint Sales Revenue (2018-2022)
- 8.1.3.3 Vivint Commercial Digital Door Lock Market Share (2018-2022)
- 8.1.4 Vivint Recent Developments
- 8.1.5 Vivint Business Strategy
- 8.1.6 Vivint Management Change
- 8.1.7 Vivint
SWOT Analysis
- 8.1.7.1 Strength
- 8.1.7.2 Weakness
- 8.1.7.3 Opportunity
- 8.1.7.4 Threats
- 8.1.8 Vivint COVID-19 Impact Analysis
- 8.2 United Technologies Corporation
- 8.2.1 United Technologies Corporation Company Basic Information, and Sales Area
- 8.2.2 United Technologies Corporation Business Segment/ Overview
- 8.2.3 United Technologies Corporation Financials
- 8.2.3.1 Investment in Research and Development
- 8.2.3.2 United Technologies Corporation Sales Revenue (2018-2022)
- 8.2.3.3 United Technologies Corporation Commercial Digital Door Lock Market Share (2018-2022)
- 8.2.4 United Technologies Corporation Recent Developments
- 8.2.5 United Technologies Corporation Business Strategy
- 8.2.6 United Technologies Corporation Management Change
- 8.2.7 United Technologies Corporation
SWOT Analysis
- 8.2.7.1 Strength
- 8.2.7.2 Weakness
- 8.2.7.3 Opportunity
- 8.2.7.4 Threats
- 8.2.8 United Technologies Corporation COVID-19 Impact Analysis
- 8.3 Panasonic Corporation
- 8.3.1 Panasonic Corporation Company Basic Information, and Sales Area
- 8.3.2 Panasonic Corporation Business Segment/ Overview
- 8.3.3 Panasonic Corporation Financials
- 8.3.3.1 Investment in Research and Development
- 8.3.3.2 Panasonic Corporation Sales Revenue (2018-2022)
- 8.3.3.3 Panasonic Corporation Commercial Digital Door Lock Market Share (2018-2022)
- 8.3.4 Panasonic Corporation Recent Developments
- 8.3.5 Panasonic Corporation Business Strategy
- 8.3.6 Panasonic Corporation Management Change
- 8.3.7 Panasonic Corporation
SWOT Analysis
- 8.3.7.1 Strength
- 8.3.7.2 Weakness
- 8.3.7.3 Opportunity
- 8.3.7.4 Threats
- 8.3.8 Panasonic Corporation COVID-19 Impact Analysis
- 8.4 Samsung Digital Life
- 8.4.1 Samsung Digital Life Company Basic Information, and Sales Area
- 8.4.2 Samsung Digital Life Business Segment/ Overview
- 8.4.3 Samsung Digital Life Financials
- 8.4.3.1 Investment in Research and Development
- 8.4.3.2 Samsung Digital Life Sales Revenue (2018-2022)
- 8.4.3.3 Samsung Digital Life Commercial Digital Door Lock Market Share (2018-2022)
- 8.4.4 Samsung Digital Life Recent Developments
- 8.4.5 Samsung Digital Life Business Strategy
- 8.4.6 Samsung Digital Life Management Change
- 8.4.7 Samsung Digital Life
SWOT Analysis
- 8.4.7.1 Strength
- 8.4.7.2 Weakness
- 8.4.7.3 Opportunity
- 8.4.7.4 Threats
- 8.4.8 Samsung Digital Life COVID-19 Impact Analysis
- 8.5 Weiser Lock
- 8.5.1 Weiser Lock Company Basic Information, and Sales Area
- 8.5.2 Weiser Lock Business Segment/ Overview
- 8.5.3 Weiser Lock Financials
- 8.5.3.1 Investment in Research and Development
- 8.5.3.2 Weiser Lock Sales Revenue (2018-2022)
- 8.5.3.3 Weiser Lock Commercial Digital Door Lock Market Share (2018-2022)
- 8.5.4 Weiser Lock Recent Developments
- 8.5.5 Weiser Lock Business Strategy
- 8.5.6 Weiser Lock Management Change
- 8.5.7 Weiser Lock
SWOT Analysis
- 8.5.7.1 Strength
- 8.5.7.2 Weakness
- 8.5.7.3 Opportunity
- 8.5.7.4 Threats
- 8.5.8 Weiser Lock COVID-19 Impact Analysis
- 8.6 Hitachi
- 8.6.1 Hitachi Company Basic Information, and Sales Area
- 8.6.2 Hitachi Business Segment/ Overview
- 8.6.3 Hitachi Financials
- 8.6.3.1 Investment in Research and Development
- 8.6.3.2 Hitachi Sales Revenue (2018-2022)
- 8.6.3.3 Hitachi Commercial Digital Door Lock Market Share (2018-2022)
- 8.6.4 Hitachi Recent Developments
- 8.6.5 Hitachi Business Strategy
- 8.6.6 Hitachi Management Change
- 8.6.7 Hitachi
SWOT Analysis
- 8.6.7.1 Strength
- 8.6.7.2 Weakness
- 8.6.7.3 Opportunity
- 8.6.7.4 Threats
- 8.6.8 Hitachi COVID-19 Impact Analysis
- 8.7 Stone Lock
- 8.7.1 Stone Lock Company Basic Information, and Sales Area
- 8.7.2 Stone Lock Business Segment/ Overview
- 8.7.3 Stone Lock Financials
- 8.7.3.1 Investment in Research and Development
- 8.7.3.2 Stone Lock Sales Revenue (2018-2022)
- 8.7.3.3 Stone Lock Commercial Digital Door Lock Market Share (2018-2022)
- 8.7.4 Stone Lock Recent Developments
- 8.7.5 Stone Lock Business Strategy
- 8.7.6 Stone Lock Management Change
- 8.7.7 Stone Lock
SWOT Analysis
- 8.7.7.1 Strength
- 8.7.7.2 Weakness
- 8.7.7.3 Opportunity
- 8.7.7.4 Threats
- 8.7.8 Stone Lock COVID-19 Impact Analysis
- 8.8 Adel Lock
- 8.8.1 Adel Lock Company Basic Information, and Sales Area
- 8.8.2 Adel Lock Business Segment/ Overview
- 8.8.3 Adel Lock Financials
- 8.8.3.1 Investment in Research and Development
- 8.8.3.2 Adel Lock Sales Revenue (2018-2022)
- 8.8.3.3 Adel Lock Commercial Digital Door Lock Market Share (2018-2022)
- 8.8.4 Adel Lock Recent Developments
- 8.8.5 Adel Lock Business Strategy
- 8.8.6 Adel Lock Management Change
- 8.8.7 Adel Lock
SWOT Analysis
- 8.8.7.1 Strength
- 8.8.7.2 Weakness
- 8.8.7.3 Opportunity
- 8.8.7.4 Threats
- 8.8.8 Adel Lock COVID-19 Impact Analysis
- 8.9 Kwikset
- 8.9.1 Kwikset Company Basic Information, and Sales Area
- 8.9.2 Kwikset Business Segment/ Overview
- 8.9.3 Kwikset Financials
- 8.9.3.1 Investment in Research and Development
- 8.9.3.2 Kwikset Sales Revenue (2018-2022)
- 8.9.3.3 Kwikset Commercial Digital Door Lock Market Share (2018-2022)
- 8.9.4 Kwikset Recent Developments
- 8.9.5 Kwikset Business Strategy
- 8.9.6 Kwikset Management Change
- 8.9.7 Kwikset
SWOT Analysis
- 8.9.7.1 Strength
- 8.9.7.2 Weakness
- 8.9.7.3 Opportunity
- 8.9.7.4 Threats
- 8.9.8 Kwikset COVID-19 Impact Analysis
- 8.10 Schlage
- 8.10.1 Schlage Company Basic Information, and Sales Area
- 8.10.2 Schlage Business Segment/ Overview
- 8.10.3 Schlage Financials
- 8.10.3.1 Investment in Research and Development
- 8.10.3.2 Schlage Sales Revenue (2018-2022)
- 8.10.3.3 Schlage Commercial Digital Door Lock Market Share (2018-2022)
- 8.10.4 Schlage Recent Developments
- 8.10.5 Schlage Business Strategy
- 8.10.6 Schlage Management Change
- 8.10.7 Schlage
SWOT Analysis
- 8.10.7.1 Strength
- 8.10.7.2 Weakness
- 8.10.7.3 Opportunity
- 8.10.7.4 Threats
- 8.10.8 Schlage COVID-19 Impact Analysis
- 8.11 Guangzhou Digi Intelligent System Manufacturing
- 8.11.1 Guangzhou Digi Intelligent System Manufacturing Company Basic Information, and Sales Area
- 8.11.2 Guangzhou Digi Intelligent System Manufacturing Business Segment/ Overview
- 8.11.3 Guangzhou Digi Intelligent System Manufacturing Financials
- 8.11.3.1 Investment in Research and Development
- 8.11.3.2 Guangzhou Digi Intelligent System Manufacturing Sales Revenue (2018-2022)
- 8.11.3.3 Guangzhou Digi Intelligent System Manufacturing Commercial Digital Door Lock Market Share (2018-2022)
- 8.11.4 Guangzhou Digi Intelligent System Manufacturing Recent Developments
- 8.11.5 Guangzhou Digi Intelligent System Manufacturing Business Strategy
- 8.11.6 Guangzhou Digi Intelligent System Manufacturing Management Change
- 8.11.7 Guangzhou Digi Intelligent System Manufacturing
SWOT Analysis
- 8.11.7.1 Strength
- 8.11.7.2 Weakness
- 8.11.7.3 Opportunity
- 8.11.7.4 Threats
- 8.11.8 Guangzhou Digi Intelligent System Manufacturing COVID-19 Impact Analysis
- 8.12 Westinghouse
- 8.12.1 Westinghouse Company Basic Information, and Sales Area
- 8.12.2 Westinghouse Business Segment/ Overview
- 8.12.3 Westinghouse Financials
- 8.12.3.1 Investment in Research and Development
- 8.12.3.2 Westinghouse Sales Revenue (2018-2022)
- 8.12.3.3 Westinghouse Commercial Digital Door Lock Market Share (2018-2022)
- 8.12.4 Westinghouse Recent Developments
- 8.12.5 Westinghouse Business Strategy
- 8.12.6 Westinghouse Management Change
- 8.12.7 Westinghouse
SWOT Analysis
- 8.12.7.1 Strength
- 8.12.7.2 Weakness
- 8.12.7.3 Opportunity
- 8.12.7.4 Threats
- 8.12.8 Westinghouse COVID-19 Impact Analysis
- 8.13 Godrej& Boyce
- 8.13.1 Godrej& Boyce Company Basic Information, and Sales Area
- 8.13.2 Godrej& Boyce Business Segment/ Overview
- 8.13.3 Godrej& Boyce Financials
- 8.13.3.1 Investment in Research and Development
- 8.13.3.2 Godrej& Boyce Sales Revenue (2018-2022)
- 8.13.3.3 Godrej& Boyce Commercial Digital Door Lock Market Share (2018-2022)
- 8.13.4 Godrej& Boyce Recent Developments
- 8.13.5 Godrej& Boyce Business Strategy
- 8.13.6 Godrej& Boyce Management Change
- 8.13.7 Godrej& Boyce
SWOT Analysis
- 8.13.7.1 Strength
- 8.13.7.2 Weakness
- 8.13.7.3 Opportunity
- 8.13.7.4 Threats
- 8.13.8 Godrej& Boyce COVID-19 Impact Analysis
- 8.14 Assa Abloy Group
- 8.14.1 Assa Abloy Group Company Basic Information, and Sales Area
- 8.14.2 Assa Abloy Group Business Segment/ Overview
- 8.14.3 Assa Abloy Group Financials
- 8.14.3.1 Investment in Research and Development
- 8.14.3.2 Assa Abloy Group Sales Revenue (2018-2022)
- 8.14.3.3 Assa Abloy Group Commercial Digital Door Lock Market Share (2018-2022)
- 8.14.4 Assa Abloy Group Recent Developments
- 8.14.5 Assa Abloy Group Business Strategy
- 8.14.6 Assa Abloy Group Management Change
- 8.14.7 Assa Abloy Group
SWOT Analysis
- 8.14.7.1 Strength
- 8.14.7.2 Weakness
- 8.14.7.3 Opportunity
- 8.14.7.4 Threats
- 8.14.8 Assa Abloy Group COVID-19 Impact Analysis
- 8.15 Honeywell International
- 8.15.1 Honeywell International Company Basic Information, and Sales Area
- 8.15.2 Honeywell International Business Segment/ Overview
- 8.15.3 Honeywell International Financials
- 8.15.3.1 Investment in Research and Development
- 8.15.3.2 Honeywell International Sales Revenue (2018-2022)
- 8.15.3.3 Honeywell International Commercial Digital Door Lock Market Share (2018-2022)
- 8.15.4 Honeywell International Recent Developments
- 8.15.5 Honeywell International Business Strategy
- 8.15.6 Honeywell International Management Change
- 8.15.7 Honeywell International SWOT Analysis
- 8.15.7.1 Strength
- 8.15.7.2 Weakness
- 8.15.7.3 Opportunity
- 8.15.7.4 Threats
- 8.15.8 Honeywell International COVID-19 Impact Analysis
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
- 9.1 Detailed Qualitative Analysis
- 9.2 Global Commercial Digital Door Lock Revenue and Share (%) by Type (2018-2030)
- 9.2.1 Magnetic Stripe Locks
Market Size
- 9.2.1.1 Global Magnetic Stripe Locks Market Share and Revenue (USD Million) for 2018-2030
- 9.2.1.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 9.2.1.3 Commercial Digital Door Lock Market for Magnetic Stripe Locks , by Country (2021 Vs 2024)
- 9.2.2 Electromechanical Door Locks
Market Size
- 9.2.2.1 Global Electromechanical Door Locks Market Share and Revenue (USD Million) for 2018-2030
- 9.2.2.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 9.2.2.3 Commercial Digital Door Lock Market for Electromechanical Door Locks , by Country (2021 Vs 2024)
- 9.2.3 Electric Strike Locks Market Size
- 9.2.3.1 Global Electric Strike Locks Market Share and Revenue (USD Million) for 2018-2030
- 9.2.3.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 9.2.3.3 Commercial Digital Door Lock Market for Electric Strike Locks, by Country (2021 Vs 2024)
- 9.2.1 Magnetic Stripe Locks
Market Size
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
- 10.1 Detailed Qualitative Analysis
- 10.2 Global Commercial Digital Door Lock Revenue and Share (%) by Application (2018-2030)
- 10.2.1 Mall
Market Size
- 10.2.1.1 Global Mall Market Share and Revenue (USD Million) for 2018-2030
- 10.2.1.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 10.2.1.3 Commercial Digital Door Lock Market for Mall , by Country (2021 Vs 2024)
- 10.2.2 Office Buildings
Market Size
- 10.2.2.1 Global Office Buildings Market Share and Revenue (USD Million) for 2018-2030
- 10.2.2.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 10.2.2.3 Commercial Digital Door Lock Market for Office Buildings , by Country (2021 Vs 2024)
- 10.2.3 Hotel
Market Size
- 10.2.3.1 Global Hotel Market Share and Revenue (USD Million) for 2018-2030
- 10.2.3.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 10.2.3.3 Commercial Digital Door Lock Market for Hotel , by Country (2021 Vs 2024)
- 10.2.4 Other Market Size
- 10.2.4.1 Global Other Market Share and Revenue (USD Million) for 2018-2030
- 10.2.4.2 Commercial Digital Door Lock Market Market Size 2023 & 2030 (Revenue Comparison)
- 10.2.4.3 Commercial Digital Door Lock Market for Other, by Country (2021 Vs 2024)
- 10.2.1 Mall
Market Size
This chapter categorizes detailed perceptions into an application segment based on end users’ needs, and preferences to understand their requirements and purchasing patterns effectively. It analyzes the current trends of the market that mainly consists of information related to new product use, trends in consumer demand, and available close substitutes of the product.
- 11.1 Detailed Qualitative Analysis
- 11.2 Global Commercial Digital Door Lock Market Revenue by Region (2018-2030)
- 11.2 Global Commercial Digital Door Lock Market Share (%) by Region (2018-2030)
- 12.1 North America
- 12.1.1 North America Commercial Digital Door Lock Market Trends and Analysis
- 12.1.2 North America Commercial Digital Door Lock Market by Country, 2018-2030
- 12.1.3 North America Commercial Digital Door Lock Market Attractiveness Analysis by Country
- 12.2 North America Commercial Digital Door Lock Market Size (2018-2030)
- 12.2.1 North America Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 12.2.1.1 Magnetic Stripe Locks
- 12.2.1.1.1 North America Magnetic Stripe Locks Market Share and Revenue (USD Million) for 2018-2030
- 12.2.1.2 Electromechanical Door Locks
- 12.2.1.2.1 North America Electromechanical Door Locks Market Share and Revenue (USD Million) for 2018-2030
- 12.2.1.3 Electric Strike Locks
- 12.2.1.3.1 North America Electric Strike Locks Market Share and Revenue (USD Million) for 2018-2030
- 12.2.1.1 Magnetic Stripe Locks
- 12.2.2 North America Commercial Digital Door Lock Market (USD Million) by Application (2018-2030)
- 12.2.2.1 Mall
- 12.2.2.1.1 North America Mall Market Share and Revenue (USD Million) for 2018-2030
- 12.2.2.2 Office Buildings
- 12.2.2.2.1 North America Office Buildings Market Share and Revenue (USD Million) for 2018-2030
- 12.2.2.3 Hotel
- 12.2.2.3.1 North America Hotel Market Share and Revenue (USD Million) for 2018-2030
- 12.2.2.4 Other
- 12.2.2.4.1 North America Other Market Share and Revenue (USD Million) for 2018-2030
- 12.2.2.1 Mall
- 12.2.1 North America Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 13.1 Europe
- 13.1.1 Europe Commercial Digital Door Lock Market Trends and Analysis
- 13.1.2 Europe Commercial Digital Door Lock Market by Country, 2018-2030
- 13.1.3 Europe Commercial Digital Door Lock Market Attractiveness Analysis by Country
- 13.2 Europe Commercial Digital Door Lock Market Size (2018-2030)
- 13.2.1 Europe Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 13.2.1.1 Magnetic Stripe Locks
- 13.2.1.1.1 Europe Magnetic Stripe Locks Market Share and Revenue (USD Million) for 2018-2030
- 13.2.1.2 Electromechanical Door Locks
- 13.2.1.2.1 Europe Electromechanical Door Locks Market Share and Revenue (USD Million) for 2018-2030
- 13.2.1.3 Electric Strike Locks
- 13.2.1.3.1 Europe Electric Strike Locks Market Share and Revenue (USD Million) for 2018-2030
- 13.2.1.1 Magnetic Stripe Locks
- 13.2.2 Europe Commercial Digital Door Lock Market (USD Million) by Application (2018-2030)
- 13.2.2.1 Mall
- 13.2.2.1.1 Europe Mall Market Share and Revenue (USD Million) for 2018-2030
- 13.2.2.2 Office Buildings
- 13.2.2.2.1 Europe Office Buildings Market Share and Revenue (USD Million) for 2018-2030
- 13.2.2.3 Hotel
- 13.2.2.3.1 Europe Hotel Market Share and Revenue (USD Million) for 2018-2030
- 13.2.2.4 Other
- 13.2.2.4.1 Europe Other Market Share and Revenue (USD Million) for 2018-2030
- 13.2.2.1 Mall
- 13.2.1 Europe Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 14.1 Asia Pacific
- 14.1.1 Asia Pacific Commercial Digital Door Lock Market Trends and Analysis
- 14.1.2 Asia Pacific Commercial Digital Door Lock Market by Country, 2018-2030
- 14.1.3 Asia Pacific Commercial Digital Door Lock Market Attractiveness Analysis by Country
- 14.2 Asia Pacific Commercial Digital Door Lock Market Size (2018-2030)
- 14.2.1 Asia Pacific Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 14.2.1.1 Magnetic Stripe Locks
- 14.2.1.1.1 Asia Pacific Magnetic Stripe Locks Market Share and Revenue (USD Million) for 2018-2030
- 14.2.1.2 Electromechanical Door Locks
- 14.2.1.2.1 Asia Pacific Electromechanical Door Locks Market Share and Revenue (USD Million) for 2018-2030
- 14.2.1.3 Electric Strike Locks
- 14.2.1.3.1 Asia Pacific Electric Strike Locks Market Share and Revenue (USD Million) for 2018-2030
- 14.2.1.1 Magnetic Stripe Locks
- 14.2.2 Asia Pacific Commercial Digital Door Lock Market (USD Million) by Application (2018-2030)
- 14.2.2.1 Mall
- 14.2.2.1.1 Asia Pacific Mall Market Share and Revenue (USD Million) for 2018-2030
- 14.2.2.2 Office Buildings
- 14.2.2.2.1 Asia Pacific Office Buildings Market Share and Revenue (USD Million) for 2018-2030
- 14.2.2.3 Hotel
- 14.2.2.3.1 Asia Pacific Hotel Market Share and Revenue (USD Million) for 2018-2030
- 14.2.2.4 Other
- 14.2.2.4.1 Asia Pacific Other Market Share and Revenue (USD Million) for 2018-2030
- 14.2.2.1 Mall
- 14.2.1 Asia Pacific Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 15.1 Latin America
- 15.1.1 Latin America Commercial Digital Door Lock Market Trends and Analysis
- 15.1.2 Latin America Commercial Digital Door Lock Market by Country, 2018-2030
- 15.1.3 Latin America Commercial Digital Door Lock Market Attractiveness Analysis by Country
- 15.2 Latin America Commercial Digital Door Lock Market Size (2018-2030)
- 15.2.1 Latin America Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 15.2.1.1 Magnetic Stripe Locks
- 15.2.1.1.1 Latin America Magnetic Stripe Locks Market Share and Revenue (USD Million) for 2018-2030
- 15.2.1.2 Electromechanical Door Locks
- 15.2.1.2.1 Latin America Electromechanical Door Locks Market Share and Revenue (USD Million) for 2018-2030
- 15.2.1.3 Electric Strike Locks
- 15.2.1.3.1 Latin America Electric Strike Locks Market Share and Revenue (USD Million) for 2018-2030
- 15.2.1.1 Magnetic Stripe Locks
- 15.2.2 Latin America Commercial Digital Door Lock Market (USD Million) by Application (2018-2030)
- 15.2.2.1 Mall
- 15.2.2.1.1 Latin America Mall Market Share and Revenue (USD Million) for 2018-2030
- 15.2.2.2 Office Buildings
- 15.2.2.2.1 Latin America Office Buildings Market Share and Revenue (USD Million) for 2018-2030
- 15.2.2.3 Hotel
- 15.2.2.3.1 Latin America Hotel Market Share and Revenue (USD Million) for 2018-2030
- 15.2.2.4 Other
- 15.2.2.4.1 Latin America Other Market Share and Revenue (USD Million) for 2018-2030
- 15.2.2.1 Mall
- 15.2.1 Latin America Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 16.1 Middle East and Africa
- 16.1.1 Middle East and Africa Commercial Digital Door Lock Market Trends and Analysis
- 16.1.2 Middle East and Africa Commercial Digital Door Lock Market by Country, 2018-2030
- 16.1.3 Middle East and Africa Commercial Digital Door Lock Market Attractiveness Analysis by Country
- 16.2 Middle East and Africa Commercial Digital Door Lock Market Size (2018-2030)
- 16.2.1 Middle East and Africa Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
- 16.2.1.1 Magnetic Stripe Locks
- 16.2.1.1.1 Middle East and Africa Magnetic Stripe Locks Market Share and Revenue (USD Million) for 2018-2030
- 16.2.1.2 Electromechanical Door Locks
- 16.2.1.2.1 Middle East and Africa Electromechanical Door Locks Market Share and Revenue (USD Million) for 2018-2030
- 16.2.1.3 Electric Strike Locks
- 16.2.1.3.1 Middle East and Africa Electric Strike Locks Market Share and Revenue (USD Million) for 2018-2030
- 16.2.1.1 Magnetic Stripe Locks
- 16.2.2 Middle East and Africa Commercial Digital Door Lock Market (USD Million) by Application (2018-2030)
- 16.2.2.1 Mall
- 16.2.2.1.1 Middle East and Africa Mall Market Share and Revenue (USD Million) for 2018-2030
- 16.2.2.2 Office Buildings
- 16.2.2.2.1 Middle East and Africa Office Buildings Market Share and Revenue (USD Million) for 2018-2030
- 16.2.2.3 Hotel
- 16.2.2.3.1 Middle East and Africa Hotel Market Share and Revenue (USD Million) for 2018-2030
- 16.2.2.4 Other
- 16.2.2.4.1 Middle East and Africa Other Market Share and Revenue (USD Million) for 2018-2030
- 16.2.2.1 Mall
- 16.2.1 Middle East and Africa Commercial Digital Door Lock Market (USD Million) by Type (2018-2030)
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Commercial Digital Door Lock market
- 17.1 Key Takeaways
- 17.2 Analyst Point of View
- 17.3 Assumptions
Top Companies Market Share in Commercial Digital Door Lock Industry: (In no particular order of Rank)
- Vivint
- United Technologies Corporation
- Panasonic Corporation
- Samsung Digital Life
- Weiser Lock
- Hitachi
- Stone Lock
- Adel Lock
- Kwikset
- Schlage
- Guangzhou Digi Intelligent System Manufacturing
- Westinghouse
- Godrej& Boyce
- Assa Abloy Group
- Honeywell International
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Competitive Landscape of Commercial Digital Door Lock
Key Companies to Concentrate on Investments to Increase Market Share To attract a broad consumer base, key players in the global market are focusing on extending their regional presence by altering their present goods and solutions and releasing new items. These techniques will assist them in gaining a competitive advantage and increasing their revenue margins. Additionally, regional players like Dormakaba Holdings and Kwikset Corporation are gaining traction with specialized offerings tailored to specific markets. The market is characterized by intense competition, driving companies to invest heavily in research and development to stay ahead regarding features and functionality.
December 2022: Samsung collaborated with Zigbang, a prop-tech firm, to develop a smart door lock using an Ultra Wide Band chip. The Zigbang UWB smart key door lock is opened by a UWB chip, which eliminates the need for the smartphone's touch.
November 2022: Yale introduced a new smart storage solution in India to expand its smart home device portfolio and promote the Yale Access of linked devices in this market. It introduced a new device called the Yale Smart Safe, which can be fully controlled via the Yale Access app.
(Source:yaleonline.in/pages/new-launch)
September 2021: Assa Abloy purchased Spectrum Brands' hardware and Home Improvement (HHI) division to expand its product offering and speed the transition from mechanical to digital solutions.
Research Methodology Implemented by Author
- 1.1 Commercial Digital Door Lock Market Report 2023 Research Methodology
- 1.2 Systematic Research Approach
- 1.2.1 Primary Research for Commercial Digital Door Lock Market
- 1.2.1.1 Key Data from Primary
- 1.2.1.2 Primary Interviews with Experts
- 1.2.1.3 Key Industry Insights
- 1.2.1.4 Questionnaire for Commercial Digital Door Lock Market
- 1.2.1.5 Breakdown of Primaries
- 1.2.2 Secondary Research for Commercial Digital Door Lock Market
- 1.2.2.1 Key Data from Secondary
- 1.2.2.2 Paid Sources
- 1.2.2.3 Public Sources
- 1.3 Market Size Estimation for Commercial Digital Door Lock Market
- 1.3.1 Top-Down Approach
- 1.3.1.1 Analyzing Market Size by Top-Down Approach (Supply Side)
- 1.3.2 Bottom-UP Approach
- 1.3.2.1 Analyzing Market Size by Bottom-Up Approach (Demand Side)
- 1.3.1 Top-Down Approach
- 1.4 Market Breakdown and Data Triangulation
- 1.5 Research Assumptions for Commercial Digital Door Lock Market
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