A recent report on Wireless Door Lock System Market provides a detailed analysis of the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and the latest growth trends accepted by key players that form a part of the competitive spectrum of this business.
Wireless Door Lock System Market is valued at USD968.7 Million in 2018 and expected to reach USD 1802.9Million by 2025 with the CAGR of 9.28% over the forecast period.
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Wireless door lock system communicates with an access control system without any wiring or a separate card reader.Wireless door lock systems offer the great security as wired door locks with easier installation. Itcan beapplied in a wired lock system that allows the individual to have a combined wired or wireless system. Some wireless locks use IP or RSI communication as well as use a gateway that communicates from the locks to the access control system.Combination of smart locks into the security system can increase connectivity among all of smart devices. They allow user to lock and unlock doors remotely.Wireless deadbolt locks can remove the need to manage physical keys at busy complexes and eliminate need of patients to carry keys also offering convenient cardholder management.Wireless door lock systemcan be opened with smartphone having advantages to senior citizen that they don’t have to struggle with keys or go near the door to open it.
The regions covered in this wireless door lock system marketreport are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of wireless door lock system marketis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players forWireless Door Lock System Market Report–
Key players of the wireless door lock system market are Johnson Controls, Honeywell International, Samsung, ASSA ABLOY Group, Robert Bosch, Godrej Locking, Centurion Systems, Salto Systems, Dormakaba Group, SentriLock, Spectrum Brands, Allegionnd and others.
Johnson Controls introduced iSTAR Ultra LT Network Door Controller.
On August 10th, 2017; Johnson Controls introduced the iSTAR Ultra LT Door Controller from Software House, an Ultra door controller that provides a full IP architecture and enterprise level features for small to mid-sized access control deployments.iSTAR Ultra LT operates all access control decision processing and secures network communications and allowing end users to use existing infrastructure and Power over Ethernet capabilities.
North America is Expectedto Dominate the Global Wireless Door Lock System Market.
North America is expected to dominate the wireless door lock system marketdue to the rising expenditure on smart automation technologies and presence of advanced security infrastructure.Toimprove security, smart and secure wireless locks are already used by the U.S. enterprises to automatically lock or unlock classrooms, lecturehalls, operating rooms, hotel rooms, labs and equipment storage. Asia pacific is emerging as the fastest growing region due tothe increasing adoption of wireless door lock system in response to the growing smart homes markets and rapideconomic growth. In Asia, smart homes and building market is one of the emerging markets growing at a CAGR of 37.7%.
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Wireless Door Lock System Market Segmentation:–
Bluetooth & Wi-Fi
By Regional & Country Analysis: (North America, U.S., Canada , Europe, U.K., France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Wireless Door Lock System Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Wireless Door Lock System Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Wireless Door Lock System Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Wireless Door Lock System Market Overview: Quantitative Analysis
4. Chapter – Global Wireless Door Lock System Market Analysis: Segmentation By Type
5. Chapter – Global Wireless Door Lock System Market Analysis: Segmentation By Application
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