Digital Door Lock System Market Forecast,

Trend Analysis & Competition Tracking - Global

Review 2018 to 2026

Industrial Goods

170 Pages
Published : Jan-2018
 Description
Digital door locks are locks that are installed on doors of various structures and can be operated with the convenience of applications on the
user’s smartphone. These keyless locks operate on technologies such as Bluetooth and Wi-Fi.

Penetration of Smartphones & Mobile Broadband to Augment the Market Expansion

Smart devices are considered to be one of the major evolutionary innovations for commercial and residential spaces on the back of their
sustainable, secure and convenient features. Significant growth in the security concerns, along with advancement in wireless communication
technologies have led to the development of digital security systems such as digital door locks. The industry is at the inflection phase, mainly
because of broader technology trends driving the overall smart home industry. However, smartphone penetration is sustaining expansion of the
market for digital door locks. Declining prices of cloud infrastructure and mobile broadband have led to growing user convenience in remotely
monitoring and controlling various electronic devices, and digital door locks are no exception.

The global market for digital door locks is characterized by significant opportunities for expansion in cloud-based lock management solutions
and home-access solutions, owing to the advent of integrated connectivity. There has been a rise in implementation of sophisticated
technologies including Bluetooth, Z-wave/ZigBee, Wi-Fi, and near-field communication (NFC) in access locks, which in turn is providing a boost
to advancement of digital door locks. In addition, inclusion of add-on-locks and capacitive touch screens in digital door locks are enhancing the
consumer experience and proliferating adoption. However, with growing market perceptions regarding problems associated with battery
replacement, dead phones, power usage, and software security are likely to hinder the market growth in the upcoming years. In addition, the
market encompasses a huge cost of sustainable technology, thereby posing a challenge for penetration into emerging economies to a certain
extent.

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According to Fact.MR study, the global digital door lock system market is projected to grow at a CAGR of 30% in terms of
volume during the period 2017-2026. In terms of value, over US$ 37 Bn worth of digital door lock systems have been sold
globally by 2026-end.
Demand for Iris Recognition Digital Door Lock Systems to Gain Traction
The report projects that the demand for fingerprint recognition digital door lock systems will lose traction over the forecast
period. Malpractices such as the use of thin, pressure-sensitive films to replicate fingerprint impression continue create major
concerns for the security measures of fingerprint recognition digital door lock systems. On the other hand, the demand for iris
recognition digital door lock systems is expected to incur considerable gains, and register a CAGR of 41.3% in terms of volume
over the forecast period. The report also projects that governments and commercial settings will be the largest end-users of
digital door lock systems through 2026.
Competition Tracking
The report has profiled leading manufacturers of digital door lock systems, which include Godrej & Boyce Manufacturing
Company Ltd., Honeywell International Inc., Cisco Systems Inc., Assa Abloy Group, United Technologies Corporation,
Panasonic Corporation, Siemens AG, Vivint Inc., Nestwell Technologies, ABB Ltd., Allegion PLC, Hitachi Ltd., Hanman
International Pte Ltd., Dormakaba Holding AG, Xeeder Technology Co. Ltd., Wintec Electronic Tech Co. Ltd., Tyco International
Ltd., Stone Lock, and Adel Lock. These companies are likely to instrument the expansion of the global digital door lock systems
market through 2026.
 Table of Content
1. Global Economic Outlook

2. Global Digital Door Lock System Market - Executive Summary

3. Global Digital Door Lock System Market Overview

3.1. Introduction
3.1.1. Global Digital Door Lock System Market Taxonomy
3.1.2. Global Digital Door Lock System Market Definition
3.2. Global Digital Door Lock System Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Digital Door Lock System Market Y-o-Y Growth
3.3. Global Digital Door Lock System Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Government Regulations
3.8. Raw Material Strategy
3.9. PLC Analysis
3.8. PESTLE Analysis
3.9. Key Participants Market Presence (Intensity Map) By Region

4. Global Digital Door Lock System Market Analysis and Forecast 2012-2026
4.1. Global Digital Door Lock System Market Size and Forecast By Product Type, 2012-2026
4.1.1. Face Recognition Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Iris Recognition Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. vein and Palm Recognition Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Voice Recognition Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Signature Recognition Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.1.6. Fingerprint Recognition Market Size and Forecast, 2012-2026
4.1.6.1. Revenue (US$ Mn) Comparison, By Region
4.1.6.2. Market Share Comparison, By Region
4.1.6.3. Y-o-Y growth Comparison, By Region
4.1.7. Magnetic Stripe Locks Market Size and Forecast, 2012-2026
4.1.7.1. Revenue (US$ Mn) Comparison, By Region
4.1.7.2. Market Share Comparison, By Region
4.1.7.3. Y-o-Y growth Comparison, By Region
4.1.8. Electromagnetic Door Locks Market Size and Forecast, 2012-2026
4.1.8.1. Revenue (US$ Mn) Comparison, By Region
4.1.8.2. Market Share Comparison, By Region
4.1.8.3. Y-o-Y growth Comparison, By Region
4.1.9. Electric Strike Locks Market Size and Forecast, 2012-2026
4.1.9.1. Revenue (US$ Mn) Comparison, By Region
4.1.9.2. Market Share Comparison, By Region
4.1.9.3. Y-o-Y growth Comparison, By Region
4.1.10. Other Market Size and Forecast, 2012-2026
4.1.10.1.Revenue (US$ Mn) Comparison, By Region
4.1.10.2.Market Share Comparison, By Region
4.1.10.3.Y-o-Y growth Comparison, By Region
4.2. Global Digital Door Lock System Market Size and Forecast By End User, 2012-2026
4.2.1. Government Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Commercial Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Industrial Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Residential Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
5. North America Digital Door Lock System Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) Comparison, By Product Type
5.6. Revenue (US$ Mn) Comparison, By End User
6. Latin America Digital Door Lock System Market Size and Forecast, 2012-2026
6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook
6.4. Revenue (US$ Mn) Comparison, By Country
6.4.1. Brazil Market Size and Forecast (US$ Mn), 2012-2026
6.4.2. Mexico Market Size and Forecast (US$ Mn), 2012-2026
6.4.3. Argentina Market Size and Forecast (US$ Mn), 2012-2026
6.4.4. Rest of Latin America Market Size and Forecast (US$ Mn), 2012-2026
6.5. Revenue (US$ Mn) Comparison, By Product Type
6.6. Revenue (US$ Mn) Comparison, By End User
7. Europe Digital Door Lock System Market Size and Forecast, 2012-2026
7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook
7.4. Revenue (US$ Mn) Comparison, By Country
7.4.1. Germany Market Size and Forecast (US$ Mn), 2012-2026
7.4.2. UK Market Size and Forecast (US$ Mn), 2012-2026
7.4.3. France Market Size and Forecast (US$ Mn), 2012-2026
7.4.4. Spain Market Size and Forecast (US$ Mn), 2012-2026
7.4.5. Italy Market Size and Forecast (US$ Mn), 2012-2026
7.4.6. Rest of Europe Market Size and Forecast (US$ Mn), 2012-2026
7.5. Revenue (US$ Mn) Comparison, By Product Type
7.6. Revenue (US$ Mn) Comparison, By End User
8. Japan Digital Door Lock System Market Size and Forecast, 2012-2026
8.1. Japan Outlook
8.2. Japan Parent Market Outlook
8.3. Japan Target Market Outlook
8.4. Revenue (US$ Mn) Comparison, By Country
8.4.1. Japan Market Size and Forecast (US$ Mn), 2012-2026
8.5. Revenue (US$ Mn) Comparison, By Product Type
8.6. Revenue (US$ Mn) Comparison, By End User
9. APEJ Digital Door Lock System Market Size and Forecast, 2012-2026
9.1. APEJ Outlook
9.2. APEJ Parent Market Outlook
9.3. APEJ Target Market Outlook
9.4. Revenue (US$ Mn) Comparison, By Country
9.4.1. China Market Size and Forecast (US$ Mn), 2012-2026
9.4.2. India Market Size and Forecast (US$ Mn), 2012-2026
9.4.3. Malaysia Market Size and Forecast (US$ Mn), 2012-2026
9.4.4. Singapore Market Size and Forecast (US$ Mn), 2012-2026
9.4.5. Australia Market Size and Forecast (US$ Mn), 2012-2026
9.4.6. Rest of APEJ Market Size and Forecast (US$ Mn), 2012-2026
9.5. Revenue (US$ Mn) Comparison, By Product Type
9.6. Revenue (US$ Mn) Comparison, By End User
10. MEA Digital Door Lock System Market Size and Forecast, 2012-2026
10.1. MEA Outlook
10.2. MEA Parent Market Outlook
10.3. MEA Target Market Outlook
10.4. Revenue (US$ Mn) Comparison, By Country
10.4.1. GCC Countries Market Size and Forecast (US$ Mn), 2012-2026
10.4.2. South Africa Market Size and Forecast (US$ Mn), 2012-2026
10.4.3. Nigeria Market Size and Forecast (US$ Mn), 2012-2026
10.4.4. Israel Market Size and Forecast (US$ Mn), 2012-2026
10.4.5. Rest of MEA Market Size and Forecast (US$ Mn), 2012-2026
10.5. Revenue (US$ Mn) Comparison, By Product Type
10.6. Revenue (US$ Mn) Comparison, By End User
11. Global Digital Door Lock System Market Company Share, Competition Landscape and Company Profiles
11.1. Company Share Analysis
11.2. Competition Landscape
11.3. Company Profiles
11.3.1. Honeywell International Inc.
11.3.2. Godrej & Boyce ManufacturingCompanyLtd.
11.3.3. Assa Abloy Group
11.3.4. Cisco Systems Inc.
11.3.5. united Technologies Corporation
11.3.6. Siemens AG
11.3.7. Panasonic Corporation
11.3.8. NestwellTechnologies
11.3.9. Vivint Inc.
11.3.10. Allegion PLC
11.3.11. ABB Ltd.
11.3.12. Hanman International Pte Ltd.
11.3.13. Hitachi Ltd.
11.3.14. Wintec Electronic Tech Co. Ltd
11.3.15. Xeeder Technology Co. Ltd
11.3.16. Tyco International Ltd
11.3.17. Dormakaba Holding AG
11.3.18. Adel Lock,
11.3.19. Stone Lock
11.3.20.Other Players
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
15. Disclaimer
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