- Report ID : MD1230 |
- Pages : 191 |
- Tables : 91 |
- Formats :
By Type (Keypad locks and Biometrics), By End-Use (Commercial, Residential, Government and Industrial), By Region (North America, Europe, APAC and Rest of the World)
Digital door lock systems market revenue is estimated to be $XX Billion in 2018 and shall grow with a CAGR of XX.X% during the forecast period of 2018 to 2026.
Digital door locking system has emerged as an efficient tool to quickly verify and record the entry and exit of individuals in industries. With the introduction of new modern biometric methods like face and fingerprint identification, future system costs are expected to be more economical. Leaving behind the small and medium businesses, the market of digital door locking system is flourishing. The market is anticipated to witness tremendous growth in its revenue in the coming few years owing to the increased security and safety concerns among the consumers and the government worldwide.
Further, the wide application of this technology in commercial, residential, government and industrial sectors is responsible for the augmentation of the market revenue significantly over the forecast period. Moreover, the increasing development of the micro, small and medium enterprises investing in this market is anticipated to propel the business revenue substantially over the forecast period. Further, there has been a notable increase in the number of cyber attacks, terrorist activities and cyber crimes in recent years. These factors are enforcing the consumers to focus on the security and safety solutions and thereby augmenting the growth of the market revenue significantly. Further, the ongoing technological advancements and innovation activities in this technology are anticipated to augment the revenue of the market significantly over time. Moreover, the increasing number of industry players is leading to heavy competition among industry players and thereby propelling the overall revenue tremendously.
The Europe regions are the dominant region in contributing to market growth in 2018. This region is anticipated to witness a tremendous increase in their market revenue over the forecast period owing to the rising number of research and development activities in the region. Further, the rising adoption of this technology in Middle East Africa and South America is responsible for a significant augmentation of the market revenue in the coming few years. North America contributed considerably to the market growth owing to the high adoption of this system and the presence of a large number of industry players in this region.
SEGMENT ANALYSIS
Based on type, the segmentation has been done as keypad locks and biometrics. Further, the keypad locks segment is bifurcated as electromechanical door locks, magnetic stripe locks, and electric strike locks. Based on biometrics, the market has been segmented as voice recognition, face recognition, palm recognition, iris recognition, fingerprint recognition, and signature recognition. Major end-use industries are commercial, residential, government and industrial. Out of which, the commercial segment has dominated the market revenue in 2018 and is anticipated to continue the same trend over the forecast period.
In addition, the fingerprint recognition segment dominated the market in terms of revenue. The government is focusing on developing smart cities, increasing the income of people living in urban areas, and growing trend of Do It Yourself (DIY) are some of the trends that are attractive opportunities in the digital door lock system market. On the other hand, the high cost of digital door lock systems may hamper market growth. The growing acceptance of highly advanced digital door lock systems among consumers.
INDUSTRY PLAYER ANALYSIS
Major industry players have been analyzed with coverage on their operating areas, revenues, and other strategic aspects. These industry players include Cisco Systems, Assa Abloy Group, Vivint Incorporated, Onity Incorporated, ADT Incorporated, Allegion PLC, Panasonic Corporation, Johnson Controls, Godrej & Boyce Manufacturing Co. Ltd. And Honeywell International Incorporated.
COVERAGE HIGHLIGHTS
• Revenue Estimation and Forecast (2018 – 2026)
• Production Estimation and Forecast (2018 – 2026)
• Breakdown of Revenue by Segments (2018 – 2026)
• Breakdown of Production by Segments (2018 – 2026)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Data Breakdown
INDUSTRY SEGMENTATION
By Type Outlook ($Revenue, 2018-2026)
• Keypad locks
• Electromechanical door locks
• Magnetic stripe locks
• Electric strike locks
• Biometrics
• Voice recognition
• Face recognition
• Palm recognition
• Iris recognition
• Fingerprint recognition
• Signature recognition
By End Use Outlook ($Revenue, 2018-2026)
· Commercial
· Residential
· Government
· Industrial
By Regional Outlook ($Revenue, 2018-2026)
• North America
• Canada
• U.S
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Latin America
• Mexico
• Brazil
• The Middle East and Africa
Industry Players
· Cisco Systems
· Assa Abloy Group
· Vivint Incorporated
· Onity Incorporated
· ADT Incorporated
· Allegion PLC
· Panasonic Corporation
· Johnson Controls
· Godrej & Boyce Manufacturing Co. Ltd.
· Honeywell International Incorporated
CHAPTER 1: INTRODUCTION
1.1. Research Methodology
1.1.1. Desk Research
1.1.2. Data Synthesis
1.1.3. Data Validation & Market Feedback
1.1.4. Data Sources
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Global Market Outlook
2.2. Core Insights - Type
2.3. Core Insights – End Use
2.4. Core Insights – Geography
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Forces Shaping the Industry
3.2.1. Bargaining Power of Suppliers
3.2.2. Bargaining Power of Buyers
3.2.3. Threat of Substitutes
3.2.4. Threat of New Entrants
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Supply-side Drivers
3.3.1.2. Demand-side Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. Industry Landscape - PESTEL Analysis
3.4.1. Political Landscape
3.4.2. Environmental Landscape
3.4.3. Social Landscape
3.4.4. Technology Landscape
3.4.5. Economic Landscape
CHAPTER 4: MARKET BACKGROUND
4.1. Industry Value Chain Analysis
4.1.1. Upstream Participants
4.1.2. Downstream participants
4.2. Pricing Analysis and Forecast, 2018-2026
4.2.1. By Type
4.2.2. By Region
CHAPTER 5: GLOBAL DIGITAL DOOR LOCK SYSTEM MARKET, BY TYPE
5.1. Overview
5.1.1. Market Volume and Forecast, 2018-2026
5.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
5.2. Keypad locks
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Volume and Forecast, By Region
5.2.3. Market Revenue (US$ Million) and Forecast, By Region
5.3. Electromechanical door locks
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Volume and Forecast, By Region
5.3.3. Market Revenue (US$ Million) and Forecast, By Region
5.4. Magnetic stripe locks
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Volume and Forecast, By Region
5.4.3. Market Revenue (US$ Million) and Forecast, By Region
5.5. Electric strike locks
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Volume and Forecast, By Region
5.5.3. Market Revenue (US$ Million) and Forecast, By Region
5.6. Biometrics
5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Volume and Forecast, By Region
5.6.3. Market Revenue (US$ Million) and Forecast, By Region
5.7. Voice recognition
5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Volume and Forecast, By Region
5.7.3. Market Revenue (US$ Million) and Forecast, By Region
5.8. Face recognition
5.8.1. Key Market Trends, Growth Factors and Opportunities
5.8.2. Market Volume and Forecast, By Region
5.8.3. Market Revenue (US$ Million) and Forecast, By Region
5.9. Palm recognition
5.9.1. Key Market Trends, Growth Factors and Opportunities
5.9.2. Market Volume and Forecast, By Region
5.9.3. Market Revenue (US$ Million) and Forecast, By Region
5.10. Iris recognition
5.10.1. Key Market Trends, Growth Factors and Opportunities
5.10.2. Market Volume and Forecast, By Region
5.10.3. Market Revenue (US$ Million) and Forecast, By Region
5.11. Fingerprint recognition
5.11.1. Key Market Trends, Growth Factors and Opportunities
5.11.2. Market Volume and Forecast, By Region
5.11.3. Market Revenue (US$ Million) and Forecast, By Region
5.12. Signature recognition
5.12.1. Key Market Trends, Growth Factors and Opportunities
5.12.2. Market Volume and Forecast, By Region
5.12.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 6: GLOBAL DIGITAL DOOR LOCK SYSTEM MARKET, BY END USE
6.1. Overview
6.1.1. Market Volume and Forecast, 2018-2026
6.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026
6.2. Commercial
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Volume and Forecast, By Region
6.2.3. Market Revenue (US$ Million) and Forecast, By Region
6.3. Residential
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Volume and Forecast, By Region
6.3.3. Market Revenue (US$ Million) and Forecast, By Region
6.4. Government
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Volume and Forecast, By Region
6.4.3. Market Revenue (US$ Million) and Forecast, By Region
6.5. Industrial
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Volume and Forecast, By Region
6.5.3. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 7: GLOBAL DIGITAL DOOR LOCK SYSTEM MARKET, BY GEOGRAPHY
7.1. Overview
7.2. North America
7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Volume and Forecast, By Type
7.2.3. Market Volume and Forecast, By End Use
7.2.4. Market Revenue and Forecast, By Type
7.2.5. Market Revenue and Forecast, By End Use
7.2.6. Market Revenue and Forecast, By Country
7.2.7. U.S.
7.2.7.1. Market Volume and Forecast
7.2.7.2. Market Revenue and Forecast
7.2.8. Canada
7.2.8.1. Market Volume and Forecast
7.2.8.2. Market Revenue and Forecast
7.2.9. Mexico
7.2.9.1. Market Volume and Forecast
7.2.9.2. Market Revenue and Forecast
7.3. Europe
7.3.1. Market Volume and Forecast, By Type
7.3.2. Market Volume and Forecast, By End Use
7.3.3. Market Revenue and Forecast, By Type
7.3.4. Market Revenue and Forecast, By End Use
7.3.5. Market Revenue and Forecast, By Country
7.3.6. Germany
7.3.6.1. Market Volume and Forecast, By Type
7.3.6.2. Market Revenue and Forecast, By End Use
7.3.7. UK
7.3.7.1. Market Volume and Forecast, By Type
7.3.7.2. Market Revenue and Forecast, By End Use
7.3.8. France
7.3.8.1. Market Volume and Forecast, By Type
7.3.8.2. Market Revenue and Forecast, By End Use
7.3.9. Italy
7.3.9.1. Market Volume and Forecast, By Type
7.3.9.2. Market Revenue and Forecast, By End Use
7.3.10. Rest of Europe
7.3.10.1. Market Volume and Forecast, By Type
7.3.10.2. Market Revenue and Forecast, By End Use
7.4. Asia-Pacific
7.4.1. Market Volume and Forecast, By Type
7.4.2. Market Volume and Forecast, By End Use
7.4.3. Market Revenue and Forecast, By Type
7.4.4. Market Revenue and Forecast, By End Use
7.4.5. Market Revenue and Forecast, By Country
7.4.6. China
7.4.6.1. Market Volume and Forecast, By Type
7.4.6.2. Market Revenue and Forecast, By End Use
7.4.7. India
7.4.7.1. Market Volume and Forecast, By Type
7.4.7.2. Market Revenue and Forecast, By End Use
7.4.8. Japan
7.4.8.1. Market Volume and Forecast, By Type
7.4.8.2. Market Revenue and Forecast, By End Use
7.4.9. South Korea
7.4.9.1. Market Volume and Forecast, By Type
7.4.9.2. Market Revenue and Forecast, By End Use
7.4.10. Rest of Asia-Pacific
7.4.10.1. Market Volume and Forecast, By Type
7.4.10.2. Market Revenue and Forecast, By End Use
7.5. REST OF THE WORLD
7.5.1. Market Volume and Forecast, By Type
7.5.2. Market Volume and Forecast, By End Use
7.5.3. Market Revenue and Forecast, By Type
7.5.4. Market Revenue and Forecast, By End Use
7.5.5. Market Revenue and Forecast, By Country
7.5.6. Latin America
7.5.6.1. Market Volume and Forecast, By Type
7.5.6.2. Market Revenue and Forecast, By End Use
7.5.7. Middle East
7.5.7.1. Market Volume and Forecast, By Type
7.5.7.2. Market Revenue and Forecast, By End Use
7.5.8. Africa
7.5.8.1. Market Volume and Forecast, By Type
7.5.8.2. Market Revenue and Forecast, By End Use
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Digital Door Lock System Market Share Analysis, 2018
CHAPTER 9: COMPANY PROFILES
9.1. Cisco Systems
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. SWOT Analysis
9.2. Assa Abloy Group
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. SWOT Analysis
9.3. Vivint Incorporated
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. SWOT Analysis
9.4. Onity Incorporated
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. SWOT Analysis
9.5. ADT Incorporated
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. SWOT Analysis
9.6. Allegion PLC
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. SWOT Analysis
9.7. Panasonic Corporation
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. SWOT Analysis
9.8. Johnson Controls
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. SWOT Analysis
9.9. Godrej & Boyce Manufacturing Co. Ltd.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. SWOT Analysis
9.10. Honeywell International Incorporated
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. SWOT Analysis
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