Lucintel's latest market report analyzed that smart lock provides attractive opportunities in commercial, residential, institution and government, and industrial sectors. The smart lock market is expected to grow with a CAGR of 13%. In this market, deadbolts are the largest segment by lock type, whereas residential is largest by end use industry.
Download Brochure of this report by clicking on https://www.lucintel.com/smart-lock-market.aspx Based on lock type, the smart lock market is segmented into deadbolts, lever handles, padlocks, other locks (knob locks, rim/mortise locks and rim cylinders, and rim latch locks. The deadbolts segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to its low installation cost and durability.
Browse in-depth TOC on “Smart Lock Market”
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The Smart Lock Market is marked by the presence of several big and small players. Some of the prominent players offering smart lock include ASSA ABLOY, Allegion, Dormakaba Holding, Spectrum Brands, Salto Systems, Onity, Cansec Systems, Samsung Electronics, Haven Lock and Master Lock.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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