About Electronic Home Locks

An electronic lock is a locking device that operates through electric current or motion mechanism and performs locking and unlocking operations on a door accordingly. In this report, electronic locks used for residential purposes are considered and analyzed.

Technavio’s analysts forecast the global electronic home locks market to grow at a CAGR of 16.41% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global electronic home locks market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Electronic Home Locks Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Allegion
• ASSA ABLOY
• Honeywell International
• SAMSUNG
• Spectrum Brands

Market driver
• Increasing integration of advanced technologies
• For a full, detailed list, view our report

Market challenge
• Intense competition from alternative products
• For a full, detailed list, view our report

Market trend
• Growing urbanization enabling the category growth opportunity
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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