Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.87 |
Digital Lock Market Analysis Report 2023-2032:
The Digital Lock Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 8,543.21 million. The growth of the market depends on several factors, including the increasing need for enhanced security solutions, rising adoption of smart home technologies, and the growing demand for convenient and keyless access control systems. A digital lock refers to an electronic lock that operates by means of electric current and does not require a physical key. It utilizes various technologies such as biometrics, passwords, RFID, and Bluetooth to authenticate and grant access to authorized individuals. Digital locks offer advanced security features, convenience, and flexibility, making them suitable for residential, commercial, and industrial applications.
Digital Lock Market Overview
Drivers
One of the key factors driving the digital lock market growth is the increasing need for enhanced security solutions. With the rising concerns regarding security and unauthorized access, there is a growing demand for advanced locking systems that provide robust protection. Digital locks offer features such as biometric authentication, tamper alerts, and remote monitoring, which enhance security and provide peace of mind to users. Additionally, the integration of digital locks with smart home systems allows users to monitor and control access to their premises remotely, further enhancing security. Hence, the increasing need for enhanced security solutions is expected to drive market growth during the forecast period.
Trends
A key factor shaping the digital lock market growth is the rising adoption of smart home technologies. Smart home systems enable homeowners to automate and control various aspects of their homes, including security, lighting, temperature, and entertainment, through connected devices. Digital locks play a crucial role in smart home security by providing keyless access control and integration with other smart devices. The ability to remotely monitor and control access to their homes through smartphones or voice assistants offers convenience and peace of mind to homeowners. As the adoption of smart home technologies continues to rise, the demand for digital locks is expected to increase significantly.
One of the key challenges hindering the digital lock market growth is the potential vulnerability to cyber threats. As digital locks rely on electronic systems and communication technologies, they are susceptible to hacking and unauthorized access. Cybersecurity concerns pose a significant challenge for the widespread adoption of digital locks, especially in critical applications such as commercial buildings and government facilities. Manufacturers and service providers need to invest in robust security measures and encryption technologies to address these concerns and build trust among users. Additionally, user awareness and education regarding cybersecurity best practices are essential to mitigate the risks associated with digital locks.
Digital Lock Market Segmentation By Application
The residential segment is estimated to witness significant growth during the forecast period. Digital locks offer convenience, flexibility, and enhanced security for residential applications. Homeowners are increasingly adopting digital locks to replace traditional mechanical locks, as they eliminate the need for physical keys and provide keyless access control. Digital locks can be integrated with smart home systems, allowing homeowners to remotely monitor and control access to their homes. Features such as biometric authentication, temporary access codes, and activity logs further enhance security and convenience. The increasing focus on home automation and the growing trend of smart homes are expected to drive the demand for digital locks in the residential segment.
Digital Lock Market Segmentation By Type
The biometric digital lock segment is expected to witness significant growth during the forecast period. Biometric digital locks utilize unique physiological or behavioral characteristics, such as fingerprints, iris patterns, or facial recognition, to authenticate and grant access to authorized individuals. Biometric authentication offers a high level of security and eliminates the risk of lost or stolen keys or passwords. The increasing adoption of biometric technologies in various applications, including smartphones, government facilities, and commercial buildings, is driving the demand for biometric digital locks. The convenience, accuracy, and reliability of biometric authentication make it a preferred choice for access control systems.
Regional Overview
North America is estimated to contribute 38% to the growth of the global market during the forecast period. The presence of key market players, technological advancements, and the increasing adoption of smart home technologies are driving the growth of the digital lock market in North America. The region has a high penetration of smart home systems and a tech-savvy population, which creates a favorable environment for the adoption of digital locks. Additionally, the rising concerns regarding home security and the need for convenient access control systems are driving the demand for digital locks in residential applications. The growing trend of home automation and the integration of digital locks with smart home systems are expected to fuel market growth in North America.
In 2020, during the COVID-19 pandemic, the growth of the global digital lock market witnessed a significant boost due to the increased focus on contactless solutions and enhanced security measures. The pandemic accelerated the adoption of smart home technologies and remote access control systems, driving the demand for digital locks. As people spent more time at home and prioritized home security, the market for digital locks experienced a surge in demand. The easing of lockdown restrictions and the gradual recovery of the economy are expected to further drive market growth during the forecast period.
Digital Lock Market Customer Landscape
The digital lock market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Digital Lock Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Assa Abloy AB: The company offers digital locks such as fingerprint locks, keypad locks, and Bluetooth-enabled locks.
Dormakaba Holding AG: The company offers digital locks such as RFID locks, biometric locks, and mobile access locks.
Samsung SDS Co., Ltd.: The company offers digital locks such as fingerprint recognition locks, RFID locks, and Bluetooth locks.
The research report also includes detailed analyses of the competitive landscape of the market and information about 18 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The digital lock market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
o Residential
o Commercial
o Industrial
o Biometric digital locks
o RFID digital locks
o PIN code digital locks
o Bluetooth-enabled digital locks
o Others
o North America
The U.S.
Canada
o Europe
U.K.
Germany
France
Rest of Europe
o APAC
China
India
o South America
Chile
Argentina
Brazil
o Middle East & Africa
Saudi Arabia
South Africa
Rest of the Middle East & Africa
Table of Contents
2018-2025 Digital Lock Report on Global and United States Market, Status and Forecast, by Players, Types and Applications
1 Methodology and Data Source
1.1 Methodology/Research Approach
1.1.1 Research Programs/Design
1.1.2 Market Size Estimation
1.1.3 Market Breakdown and Data Triangulation
1.2 Data Source
1.2.1 Secondary Sources
1.2.2 Primary Sources
1.3 Disclaimer
2 Digital Lock Market Overview
2.1 Digital Lock Product Overview
2.2 Digital Lock Market Segment by Type
2.2.1 By Unlock Mode
2.2.2 By Material
2.3 Global Digital Lock Product Segment by Type
2.3.1 Global Digital Lock Sales (K Units) and Growth (%) by Type (2013, 2017 and 2025)
2.3.2 Global Digital Lock Sales (K Units) and Market Share (%) by Type (2013-2018)
2.3.3 Global Digital Lock Revenue (Million USD) and Market Share (%) by Type (2013-2018)
2.3.4 Global Digital Lock Price (USD/Unit) by Type (2013-2018)
2.4 United States Digital Lock Product Segment by Type
2.4.1 United States Digital Lock Sales (K Units) and Growth by Type (2013, 2017 and 2025)
2.4.2 United States Digital Lock Sales (K Units) and Market Share by Type (2013-2018)
2.4.3 United States Digital Lock Revenue (Million USD) and Market Share by Type (2013-2018)
2.4.4 United States Digital Lock Price (USD/Unit) by Type (2013-2018)
3 Digital Lock Application/End Users
3.1 Digital Lock Segment by Application/End Users
3.1.1 Home Security
3.1.2 Vehicle Anti-theft
3.1.3 Property Protection
3.2 Global Digital Lock Product Segment by Application
3.2.1 Global Digital Lock Sales (K Units) and CGAR (%) by Application (2013, 2017 and 2025)
3.2.2 Global Digital Lock Sales (K Units) and Market Share (%) by Application (2013-2018)
3.3 United States Digital Lock Product Segment by Application
3.3.1 United States Digital Lock Sales (K Units) and CGAR (%) by Application (2013, 2017 and 2025)
3.3.2 United States Digital Lock Sales (K Units) and Market Share (%) by Application (2013-2018)
4 Digital Lock Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Digital Lock Market Size and CAGR by Regions (2013, 2017 and 2025)
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.1.7 United States
4.2 Global Digital Lock Sales and Revenue by Regions
4.2.1 Global Digital Lock Sales (K Units) and Market Share (%) by Regions (2013-2018)
4.2.2 Global Digital Lock Revenue (Million USD) and Market Share (%) by Regions (2013-2018)
4.2.3 Global Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
4.2.4 North America Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
4.2.5 Europe Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
4.2.6 Asia-Pacific Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
4.2.7 South America Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
4.2.8 Middle East and Africa Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
4.2.9 United States Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
5 Global Digital Lock Market Competition by Players/Manufacturers
5.1 Global Digital Lock Sales (K Units) and Market Share by Players (2013-2018)
5.2 Global Digital Lock Revenue (Million USD) and Share by Players (2013-2018)
5.3 Global Digital Lock Average Price (USD/Unit) by Players (2013-2018)
5.4 Global Top Players Digital Lock Manufacturing Base Distribution, Sales Area, Product Types
5.5 Digital Lock Market Competitive Situation and Trends
5.5.1 Digital Lock Market Concentration Rate
5.5.2 Global Digital Lock Market Share (%) of Top 3 and Top 5 Players
5.5.3 Mergers & Acquisitions, Expansion
6 United States Digital Lock Market Competition by Players/Manufacturers
6.1 United States Digital Lock Sales (K Units) and Market Share by Players (2013-2018)
6.2 United States Digital Lock Revenue (Million USD) and Share by Players (2013-2018)
6.3 United States Digital Lock Average Price (USD/Unit) by Players (2013-2018)
6.4 United States Digital Lock Market Share (%) of Top 3 and Top 5 Players
7 Digital Lock Players/Manufacturers Profiles and Sales Data
7.1 KAADAS
7.1.1 Company Basic Information, Manufacturing Base and Competitors
7.1.2 Digital Lock Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 KAADAS Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.1.4 Main Business/Business Overview
7.2 DESSMANN
7.2.1 Company Basic Information, Manufacturing Base and Competitors
7.2.2 Digital Lock Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 DESSMANN Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.2.4 Main Business/Business Overview
7.3 SAMSUNG
7.3.1 Company Basic Information, Manufacturing Base and Competitors
7.3.2 Digital Lock Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 SAMSUNG Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.3.4 Main Business/Business Overview
7.4 Haier
7.4.1 Company Basic Information, Manufacturing Base and Competitors
7.4.2 Digital Lock Product Category, Application and Specification
7.4.2.1 Product A
7.4.2.2 Product B
7.4.3 Haier Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.4.4 Main Business/Business Overview
7.5 TENON
7.5.1 Company Basic Information, Manufacturing Base and Competitors
7.5.2 Digital Lock Product Category, Application and Specification
7.5.2.1 Product A
7.5.2.2 Product B
7.5.3 TENON Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.5.4 Main Business/Business Overview
7.6 Panasonic
7.6.1 Company Basic Information, Manufacturing Base and Competitors
7.6.2 Digital Lock Product Category, Application and Specification
7.6.2.1 Product A
7.6.2.2 Product B
7.6.3 Panasonic Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.6.4 Main Business/Business Overview
7.7 Keylock
7.7.1 Company Basic Information, Manufacturing Base and Competitors
7.7.2 Digital Lock Product Category, Application and Specification
7.7.2.1 Product A
7.7.2.2 Product B
7.7.3 Keylock Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.7.4 Main Business/Business Overview
7.8 oereide
7.8.1 Company Basic Information, Manufacturing Base and Competitors
7.8.2 Digital Lock Product Category, Application and Specification
7.8.2.1 Product A
7.8.2.2 Product B
7.8.3 oereide Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.8.4 Main Business/Business Overview
7.9 Cobbe
7.9.1 Company Basic Information, Manufacturing Base and Competitors
7.9.2 Digital Lock Product Category, Application and Specification
7.9.2.1 Product A
7.9.2.2 Product B
7.9.3 Cobbe Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.9.4 Main Business/Business Overview
7.10 RIKE
7.10.1 Company Basic Information, Manufacturing Base and Competitors
7.10.2 Digital Lock Product Category, Application and Specification
7.10.2.1 Product A
7.10.2.2 Product B
7.10.3 RIKE Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
7.10.4 Main Business/Business Overview
7.11 XILI
7.12 ANNEX
7.13 ANSEWIRELESS
7.14 Cardot
7.15 Cellet
8 Digital Lock Manufacturing Cost, Industrial Chain and Downstream Buyers
8.1 Digital Lock Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Digital Lock Industrial Chain Analysis
8.4 Downstream Buyers in United States
9 Marketing Strategy Analysis, Distributors and Market Effect Factors
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Distributors in Untied States
9.3 Market Effect Factors Analysis
9.3.1 Economic/Political Environmental Change
9.3.2 Downstream Demand Change
9.3.3 Technology Progress in Related Industry
9.3.4 Substitutes Threat
10 Global Digital Lock Market Forecast
10.1 Global Digital Lock Sales, Revenue Forecast (2018-2025)
10.1.1 Global Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
10.1.1 Global Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
10.2 United States Digital Lock Market Forecast
10.2.1 United States Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
10.2.2 United States Digital Lock Revenue (Million USD) and Growth Rate (%) Forecast (2018-2025)
10.3 Global Digital Lock Forecast by Regions
10.3.1 North America Digital Lock Sales (K Units) and Revenue (Million USD) Forecast (2018-2025)
10.3.2 Europe Digital Lock Sales (K Units) and Revenue (Million USD) Forecast (2018-2025)
10.3.3 Asia-Pacific Digital Lock Sales (K Units) and Revenue (Million USD) Forecast (2018-2025)
10.3.4 South America Digital Lock Sales (K Units) and Revenue (Million USD) Forecast (2018-2025)
10.3.5 Middle East and Africa Digital Lock Sales (K Units) and Revenue (Million USD) Forecast (2018-2025)
10.4 Digital Lock Forecast by Type
10.4.1 Global Digital Lock Sales (K Units) and Revenue (Million USD) Forecast by Type (2018-2025)
10.4.2 United States Digital Lock Sales (K Units) and Revenue (Million USD) Forecast by Type (2018-2025)
10.5 Digital Lock Forecast by Application
10.5.1 Global Digital Lock Sales (K Units) Forecast by Application (2018-2025)
10.5.2 United States Digital Lock Sales (K Units) Forecast by Application (2018-2025)
11 Research Findings and Conclusion
List of Tables and Figures
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
Figure Digital Lock Product Picture
Figure Global Digital Lock Revenue (Million USD) Status and Outlook (2013-2025)
Figure United States Digital Lock Revenue (Million USD) Status and Outlook (2013-2025)
Figure Product Picture of By Unlock Mode
Table Major Players of By Unlock Mode
Figure Global By Unlock Mode Sales (K Units) and Growth Rate (%)(2013-2018)
Figure Product Picture of By Material
Table Major Players of By Material
Figure Global By Material Sales (K Units) and Growth Rate (%)(2013-2018)
Table Global Digital Lock Sales (K Units) and Growth Rate (%) Comparison by Type (2013, 2017 and 2025)
Table Global Digital Lock Sales (K Units) by Type (2013-2018)
Table Global Digital Lock Sales Share (%) by Type (2013-2018)
Figure Global Digital Lock Sales Market Share (%) by Type (2013-2018)
Figure Global Digital Lock Sales Market Share (%) by Type in 2017
Table Global Digital Lock Revenue (Million USD) by Type (2013-2018)
Table Global Digital Lock Revenue Share (%) by Type (2013-2018)
Figure Global Digital Lock Revenue Share (%) by Type (2013-2018)
Figure 2017 Global Digital Lock Revenue Market Share (%) by Type
Table Global Digital Lock Price (USD/Unit) by Type (2013-2018)
Table United States Digital Lock Sales (K Units) and Growth Rate (%) Comparison by Type (2013, 2017 and 2025)
Table United States Digital Lock Sales (K Units) by Type (2013-2018)
Table United States Digital Lock Sales Share (%) by Type (2013-2018)
Figure United States Digital Lock Sales Market Share (%) by Type (2013-2018)
Figure United States Digital Lock Sales Market Share (%) by Type in 2017
Table United States Digital Lock Revenue (Million USD) by Type (2013-2018)
Table United States Digital Lock Revenue Share (%) by Type (2013-2018)
Figure United States Digital Lock Revenue Share (%)by Type (2013-2018)
Figure 2017 United States Digital Lock Revenue Market Share (%) by Type
Table United States Digital Lock Price (USD/Unit) by Type (2013-2018)
Figure Home Security Examples
Figure Vehicle Anti-theft Examples
Figure Property Protection Examples
Table Global Digital Lock Sales (K Units) Comparison by Application (2013-2025)
Table Global Digital Lock Sales (K Units) by Application (2013-2018)
Table Global Digital Lock Sales Share (%) by Application (2013-2018)
Figure Global Digital Lock Sales Market Share (%) by Application (2013-2018)
Figure Global Digital Lock Sales Market Share (%) by Application in 2017
Table United States Digital Lock Sales (K Units) Comparison by Application (2013-2025)
Table United States Digital Lock Sales (K Units) by Application (2013-2018)
Table United States Digital Lock Sales Share (%) by Application (2013-2018)
Figure United States Digital Lock Sales Market Share (%) by Application (2013-2018)
Figure United States Digital Lock Sales Market Share (%) by Application in 2017
Table Global Digital Lock Revenue (Million USD) and CAGR Comparison by Regions (2013-2025)
Figure North America Digital Lock Revenue (Million USD) and Growth Rate (%)(2013-2025)
Figure Asia-Pacific Digital Lock Revenue (Million USD) and Growth Rate (%)(2013-2025)
Figure Europe Digital Lock Revenue (Million USD) and Growth Rate (%)(2013-2025)
Figure South America Digital Lock Revenue (Million USD) and Growth Rate (%)(2013-2025)
Figure Middle East and Africa Digital Lock Revenue (Million USD) and Growth Rate (%)(2013-2025)
Figure United States Digital Lock Revenue (Million USD) and Growth Rate (%)(2013-2025)
Table Global Digital Lock Sales (K Units) by Regions (2013-2018)
Figure Global Digital Lock Sales Market Share (%) by Regions (2013-2018)
Figure Global Digital Lock Sales Market Share (%) by Regions (2013-2018)
Figure 2017 Global Digital Lock Sales Market Share (%) by Regions
Figure 2017 United States Digital Lock Sales Market Share (%) in Global Market
Table Global Digital Lock Revenue (Million USD) by Regions (2013-2018)
Table Global Digital Lock Revenue Market Share (%) by Regions (2013-2018)
Figure Global Digital Lock Revenue Market Share (%) by Regions (2013-2018)
Figure 2017 Global Digital Lock Revenue Market Share (%) by Regions
Figure 2017 United States Digital Lock Revenue Market Share (%) in Global Market
Table Global Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table North America Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table Europe Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table Asia-Pacific Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table South America Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table Middle East and Africa Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table United States Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Table Global Digital Lock Sales (K Units) of Key Players (2013-2018)
Table Global Digital Lock Sales Share (%) by Players (2013-2018)
Figure 2017 Global Digital Lock Sales Share (%) by Players
Figure 2018 Global Digital Lock Sales Share (%) by Players
Table Global Digital Lock Revenue (Million USD) by Players (2013-2018)
Table Global Digital Lock Revenue Share (%) by Players (2013-2018)
Table 2017 Global Digital Lock Revenue Share (%) by Players
Table 2017 Global Digital Lock Revenue Share (%) by Players
Table Global Market Digital Lock Average Price (USD/Unit) by Players (2013-2018)
Table Global Digital Lock Top Players Manufacturing Base Distribution and Sales Area
Table Global Digital Lock Top Players Product Category
Figure Global Digital Lock Market Share (%) of Top 3 Players
Figure Global Digital Lock Market Share (%) of Top 5 Players
Table United States Digital Lock Sales (K Units) by Players (2013-2018)
Table United States Digital Lock Sales Market Share (%) by Players (2013-2018)
Figure 2017 United States Digital Lock Sales Share (%) by Players
Figure 2018 United States Digital Lock Sales Share (%) by Players
Table United States Digital Lock Revenue (Million USD) by Players (2013-2018)
Table United States Digital Lock Revenue Market Share (%) by Players (2013-2018)
Table 2017 United States Digital Lock Revenue Share (%) by Players
Table 2017 United States Digital Lock Revenue Share (%) by Players
Table United States Market Digital Lock Average Price (USD/Unit) by Players (2013-2018)
Figure United States Digital Lock Market Share (%) of Top 3 Players
Figure United States Digital Lock Market Share (%) of Top 5 Players
Table KAADAS Basic Information List
Table KAADAS Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure KAADAS Digital Lock Sales Growth Rate (2013-2018)
Figure KAADAS Digital Lock Sales Global Market Share (%)(2013-2018)
Figure KAADAS Digital Lock Revenue Global Market Share (%)(2013-2018)
Table DESSMANN Basic Information List
Table DESSMANN Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure DESSMANN Digital Lock Sales Growth Rate (2013-2018)
Figure DESSMANN Digital Lock Sales Global Market Share (%)(2013-2018)
Figure DESSMANN Digital Lock Revenue Global Market Share (%)(2013-2018)
Table SAMSUNG Basic Information List
Table SAMSUNG Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure SAMSUNG Digital Lock Sales Growth Rate (2013-2018)
Figure SAMSUNG Digital Lock Sales Global Market Share (%)(2013-2018)
Figure SAMSUNG Digital Lock Revenue Global Market Share (%)(2013-2018)
Table Haier Basic Information List
Table Haier Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure Haier Digital Lock Sales Growth Rate (2013-2018)
Figure Haier Digital Lock Sales Global Market Share (%)(2013-2018)
Figure Haier Digital Lock Revenue Global Market Share (%)(2013-2018)
Table TENON Basic Information List
Table TENON Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure TENON Digital Lock Sales Growth Rate (2013-2018)
Figure TENON Digital Lock Sales Global Market Share (%)(2013-2018)
Figure TENON Digital Lock Revenue Global Market Share (%)(2013-2018)
Table Panasonic Basic Information List
Table Panasonic Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure Panasonic Digital Lock Sales Growth Rate (2013-2018)
Figure Panasonic Digital Lock Sales Global Market Share (%)(2013-2018)
Figure Panasonic Digital Lock Revenue Global Market Share (%)(2013-2018)
Table Keylock Basic Information List
Table Keylock Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure Keylock Digital Lock Sales Growth Rate (2013-2018)
Figure Keylock Digital Lock Sales Global Market Share (%)(2013-2018)
Figure Keylock Digital Lock Revenue Global Market Share (%)(2013-2018)
Table oereide Basic Information List
Table oereide Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure oereide Digital Lock Sales Growth Rate (2013-2018)
Figure oereide Digital Lock Sales Global Market Share (%)(2013-2018)
Figure oereide Digital Lock Revenue Global Market Share (%)(2013-2018)
Table Cobbe Basic Information List
Table Cobbe Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure Cobbe Digital Lock Sales Growth Rate (2013-2018)
Figure Cobbe Digital Lock Sales Global Market Share (%)(2013-2018)
Figure Cobbe Digital Lock Revenue Global Market Share (%)(2013-2018)
Table RIKE Basic Information List
Table RIKE Digital Lock Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2013-2018)
Figure RIKE Digital Lock Sales Growth Rate (2013-2018)
Figure RIKE Digital Lock Sales Global Market Share (%)(2013-2018)
Figure RIKE Digital Lock Revenue Global Market Share (%)(2013-2018)
Table XILI Basic Information List
Table ANNEX Basic Information List
Table ANSEWIRELESS Basic Information List
Table Cardot Basic Information List
Table Cellet Basic Information List
Table Sales Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Digital Lock
Figure Digital Lock Industrial Chain Analysis
Table Major Buyers of Digital Lock
Table Distributors/Traders List
Figure Global Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure Global Digital Lock Revenue (Million USD) and Growth Rate (%) Forecast (2018-2025)
Figure United States Digital LockDigital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure United States Digital Lock Revenue (Million USD) and Growth Rate (%) Forecast (2018-2025)
Table Global Digital Lock Sales (K Units) Forecast by Regions (2018-2025)
Figure Global Digital Lock Sales Market Share (%) Forecast by Regions (2018-2025)
Figure North America Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure North America Digital Lock Revenue and Growth Rate (%) Forecast (2018-2025)
Figure Europe Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure Europe Digital Lock Revenue and Growth Rate (%) Forecast (2018-2025)
Figure Asia-Pacific Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure Asia-Pacific Digital Lock Revenue and Growth Rate (%) Forecast (2018-2025)
Figure South America Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure South America Digital Lock Revenue and Growth Rate (%) Forecast (2018-2025)
Figure Middle East and Africa Digital Lock Sales (K Units) and Growth Rate (%) Forecast (2018-2025)
Figure Middle East and Africa Digital Lock Revenue and Growth Rate (%) Forecast (2018-2025)
Table Global Digital Lock Sales (Million USD) Forecast by Type (2018-2025)
Figure Global Digital Lock Sales Market Share (%) Forecast by Type (2018-2025)
Table Global Digital Lock Revenue (Million USD) Forecast by Type (2018-2025)
Figure Global Digital Lock Revenue Market Share (%) Forecast by Type (2018-2025)
Table United States Digital Lock Sales (Million USD) Forecast by Type (2018-2025)
Figure United States Digital Lock Sales Market Share (%) Forecast by Type (2018-2025)
Table United States Digital Lock Revenue (Million USD) Forecast by Type (2018-2025)
Figure United States Digital Lock Revenue Market Share (%) Forecast by Type (2018-2025)
Table Global Digital Lock Sales (K Units) Forecast by Application (2018-2025)
Figure Global Digital Lock Sales Forecast by Application (2018-2025)
Table United States Digital Lock Sales (K Units) Forecast by Application (2018-2025)
Figure United States Digital Lock Sales Forecast by Application (2018-2025)
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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