Global Digital Door Lock System Market Analysis 2021

The Global Digital Door Lock System Market is expected to reach $22.71 billion by 2027 growing at a CAGR of 30.2% during 2020 to 2027. Digital door locks are simple to install safety key for buildings that need a consistent means of access manage. It is implemented in the areas where the allotment of keys or cards is not viable owing to the volume of people entering and exiting the building. Factors such as rising trend of smart home technology, increasing importance of IoT in overall security and safety applications, and the emergence of innovative products are driving the market growth. However, high cost of technological development is restraining the market growth. Amongst type, the biometrics lock segment is expected to grow at a significant rate during the forecast period, due to the limited ability of the physical checks undertaken at the time of safeguarding. Biometric systems are considered to be most vital source for various private as well as government agencies to secure their assets and data against any misuse. The key vendors mentioned are Godrej & Boyce Manufacturing Co. Ltd., Honeywell International, Inc., Nestwell Technologies, Cisco Systems Inc., ADT, Inc., Hanman International Pvt Ltd., Panasonic Corporation, Wintec Electronic Tech Co. Ltd., United Technologies Corporation, Hitachi Ltd., Siemens AG, Xeeder Technology Co. Ltd., Assa Abloy Group, Allegion PLC, Vivint, Inc., Onity Inc., Spectrum Brands, Inc., Salto Systems S.L., and Tyco International Ltd. Types Covered: • Keyless Remote Lock • Keypad Lock • Radio-Frequency Identification (RFID) Card Digital Lock • Biometrics Lock • Contactless Locks • Multiple Functions Technologies Covered: • Automatic • Manual • Access Control Sales Channels Covered: • Distributor • Direct Sales Applications Covered: • Non Residential • Residential End Users Covered: • Government • Commercial • Industrial • Domestic • Education • Healthcare • Retail • Hospitality • Office Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Digital Door Lock System Market, By Type
5.1 Introduction
5.2 Keyless Remote Lock
5.3 Keypad Lock
5.4 Radio-Frequency Identification (RFID) Card Digital Lock
5.5 Biometrics Lock
5.6 Contactless Locks
5.7 Multiple Functions

6 Global Digital Door Lock System Market, By Technology
6.1 Introduction
6.2 Automatic
6.3 Manual
6.4 Access Control

7 Global Digital Door Lock System Market, By Sales Channel
7.1 Introduction
7.2 Distributor
7.3 Direct Sales

8 Global Digital Door Lock System Market, By Application
8.1 Introduction
8.2 Non Residential
8.3 Residential

9 Global Digital Door Lock System Market, By End User
9.1 Introduction
9.2 Government
9.3 Commercial
9.4 Industrial
9.5 Domestic
9.6 Education
9.7 Healthcare
9.8 Retail
9.9 Hospitality
9.10 Office

10 Global Digital Door Lock System Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa

11 Strategic Benchmarking

12 Vendors Landscape
12.1 Godrej & Boyce Manufacturing Co. Ltd.
12.2 Honeywell International, Inc.
12.3 Nestwell Technologies
12.4 Cisco Systems Inc.
12.5 ADT, Inc.
12.6 Hanman International Pvt Ltd.
12.7 Panasonic Corporation
12.8 Wintec Electronic Tech Co. Ltd.
12.9 United Technologies Corporation
12.10 Hitachi Ltd.
12.11 Siemens AG
12.12 Xeeder Technology Co. Ltd.
12.13 Assa Abloy Group
12.14 Allegion PLC
12.15 Vivint, Inc.
12.16 Onity Inc.
12.17 Spectrum Brands, Inc.
12.18 Salto Systems S.L.
12.19 Tyco International Ltd.

List of Data Tables
1 Global Digital Door Lock System Market Outlook, By Region (2019-2027) ($MN)
2 Global Digital Door Lock System Market Outlook, By Type (2019-2027) ($MN)
3 Global Digital Door Lock System Market Outlook, By Keyless Remote Lock (2019-2027) ($MN)
4 Global Digital Door Lock System Market Outlook, By Keypad Lock (2019-2027) ($MN)
5 Global Digital Door Lock System Market Outlook, By Radio-Frequency Identification (RFID) Card Digital Lock (2019-2027) ($MN)
6 Global Digital Door Lock System Market Outlook, By Biometrics Lock (2019-2027) ($MN)
7 Global Digital Door Lock System Market Outlook, By Contactless Locks (2019-2027) ($MN)
8 Global Digital Door Lock System Market Outlook, By Multiple Functions (2019-2027) ($MN)
9 Global Digital Door Lock System Market Outlook, By Technology (2019-2027) ($MN)
10 Global Digital Door Lock System Market Outlook, By Automatic (2019-2027) ($MN)
11 Global Digital Door Lock System Market Outlook, By Manual (2019-2027) ($MN)
12 Global Digital Door Lock System Market Outlook, By Access Control (2019-2027) ($MN)
13 Global Digital Door Lock System Market Outlook, By Sales Channel (2019-2027) ($MN)
14 Global Digital Door Lock System Market Outlook, By Distributor (2019-2027) ($MN)
15 Global Digital Door Lock System Market Outlook, By Direct Sales (2019-2027) ($MN)
16 Global Digital Door Lock System Market Outlook, By Application (2019-2027) ($MN)
17 Global Digital Door Lock System Market Outlook, By Non Residential (2019-2027) ($MN)
18 Global Digital Door Lock System Market Outlook, By Residential (2019-2027) ($MN)
19 Global Digital Door Lock System Market Outlook, By End User (2019-2027) ($MN)
20 Global Digital Door Lock System Market Outlook, By Government (2019-2027) ($MN)
21 Global Digital Door Lock System Market Outlook, By Commercial (2019-2027) ($MN)
22 Global Digital Door Lock System Market Outlook, By Industrial (2019-2027) ($MN)
23 Global Digital Door Lock System Market Outlook, By Domestic (2019-2027) ($MN)
24 Global Digital Door Lock System Market Outlook, By Education (2019-2027) ($MN)
25 Global Digital Door Lock System Market Outlook, By Healthcare (2019-2027) ($MN)
26 Global Digital Door Lock System Market Outlook, By Retail (2019-2027) ($MN)
27 Global Digital Door Lock System Market Outlook, By Hospitality (2019-2027) ($MN)
28 Global Digital Door Lock System Market Outlook, By Office (2019-2027) ($MN)
29 North America Digital Door Lock System Market Outlook, By Type (2019-2027) ($MN)
30 North America Digital Door Lock System Market Outlook, By Technology (2019-2027) ($MN)
31 North America Digital Door Lock System Market Outlook, By Sales Channel (2019-2027) ($MN)
32 North America Digital Door Lock System Market Outlook, By Application (2019-2027) ($MN)
33 North America Digital Door Lock System Market Outlook, By End User (2019-2027) ($MN)
34 Europe Digital Door Lock System Market Outlook, By Type (2019-2027) ($MN)
35 Europe Digital Door Lock System Market Outlook, By Technology (2019-2027) ($MN)
36 Europe Digital Door Lock System Market Outlook, By Sales Channel (2019-2027) ($MN)
37 Europe Digital Door Lock System Market Outlook, By Application (2019-2027) ($MN)
38 Europe Digital Door Lock System Market Outlook, By End User (2019-2027) ($MN)
39 Asia Pacific Digital Door Lock System Market Outlook, By Type (2019-2027) ($MN)
40 Asia Pacific Digital Door Lock System Market Outlook, By Technology (2019-2027) ($MN)
41 Asia Pacific Digital Door Lock System Market Outlook, By Sales Channel (2019-2027) ($MN)
42 Asia Pacific Digital Door Lock System Market Outlook, By Application (2019-2027) ($MN)
43 Asia Pacific Digital Door Lock System Market Outlook, By End User (2019-2027) ($MN)
44 South America Digital Door Lock System Market Outlook, By Type (2019-2027) ($MN)
45 South America Digital Door Lock System Market Outlook, By Technology (2019-2027) ($MN)
46 South America Digital Door Lock System Market Outlook, By Sales Channel (2019-2027) ($MN)
47 South America Digital Door Lock System Market Outlook, By Application (2019-2027) ($MN)
48 South America Digital Door Lock System Market Outlook, By End User (2019-2027) ($MN)
49 Middle East & Africa Digital Door Lock System Market Outlook, By Type (2019-2027) ($MN)
50 Middle East & Africa Digital Door Lock System Market Outlook, By Technology (2019-2027) ($MN)
51 Middle East & Africa Digital Door Lock System Market Outlook, By Sales Channel (2019-2027) ($MN)
52 Middle East & Africa Digital Door Lock System Market Outlook, By Application (2019-2027) ($MN)
53 Middle East & Africa Digital Door Lock System Market Outlook, By End User (2019-2027) ($MN)