+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2016-03-14Number of Pages: 117

Digital Door Lock Systems Market (By Type - Biometrics and Keypad Locks); By End User (Government, Commercial, Industrial, Residential); By Geography (North America, Europe, APAC, MEA, Latin America)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

The Electronic and Digital Door Lock Systems market report provides an analysis of the global Digital Door Lock Systems and electronic locks market for the period 2013 – 2023, wherein 2014 is the base year and the period from 2015 to 2023 is the forecast period. Data for 2013 has been included as historical information. Also the global electronic locks market analysis for the period 2013 – 2023 is covered in the study. The report covers all the prevalent trends playing a major role in the growth of the Digital Door Lock Systems market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market growth during the said period. The study provides a holistic perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ Mn), across different geographies, which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LATAM). The report provides cross-sectional analysis of the global Digital Door Lock Systems market in terms of market estimates and forecasts for all the segments across different geographic regions. This research report provides in-depth analysis of the global Digital Door Lock Systems market on the basis of type, end-use adoption, and geography. The report also includes competitive profiling of major players engaged in providing Digital Door Lock Systems. Major business strategies adopted by them, their market positioning, and various recent developments have also been identified in the research report. This report also provides market positioning analysis of major players operating in the Digital Door Lock Systems market.

This research study on the global digital door lock systems market provides a detailed analysis of various type of lock systems which enable enterprise to avail from respective lock manufacturers. And thus driving the rising demand for these solution from SMEs and Large enterprise. The report also offers an in-depth analysis of various factors such as market drivers, restraints, and growth opportunities affecting the market dynamics. These factors enable the analysis of various trends that would impact the market during the forecast period from 2015 to 2023. The report includes a comprehensive coverage of the underlying economic and technological factors under key trend analysis influencing the digital door lock systems market. Furthermore, the report aims to provide strategic insights into the value chain analysis of manufacturers and distributors in the digital door lock system market. The market positioning analysis of key players throws light on the prevalent competition in this market.

Based on the end-use adoption, the digital door lock systems market is segmented into Government, Commercial, Industrial and Residential. Based on factors such as budget, scalability, flexibility, and ease of use, end users tend to select best-fit solutions in order to cater to their requirements and business usage.

Various factors that affect the growth of the digital door lock systems market have been identified in this report. The report aims to provide a comprehensive cross-sectional analysis of the digital door lock systems market across geographies including North America, Europe, Asia Pacific, Middle-East and Africa (MEA), and Latin America. In addition, the report highlights the competitive landscape of the digital door lock systems market and identifies various business strategies adopted by the leading players. Under the company profiles section, the report provides an overview of the companies operating in the market, strategies deployed by them to gain competitive advantage, annual revenue generated by them in the past two/three years, and recent developments. The companies profiled in this report include Honeywell International Inc., Godrej & Boyce Manufacturing Company Ltd., Assa Abloy Group, Cisco Systems, Inc., United Technologies Corporation, Siemens AG, Panasonic Corporation, Nestwell Technologies, Vivint, Inc., Hanman International Pte Ltd., Hitachi, Ltd. and Tyco International Ltd. among others.

The global digital door lock systems market has been segmented as follows: 

Digital Door Lock Systems Market, by Type

  • Biometrics
    • Face Recognition
    • Iris Recognition
    • Palm Recognition
    • Voice Recognition
    • Signature Recognition
    • Fingerprint Recognition
  • Keypad Locks
    • Magnetic Stripe Locks
    • Electromechanical Door Locks
    • Electric Strike Locks

Digital Door Lock Systems Market, by End-use adoption

  • Government
  • Commercial
  • Industrial
  • Residential

Digital Door Lock Systems Market, by Geography

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU5 (UK, Germany, France, Italy, Spain)
    • CIS
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • South Korea
    • Australasia (Australia, NZ & Guinea)
    • Rest of APAC
  • Middle East & Africa (MEA)
    • GCC Countries
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America 

1. Preface
    1.1. Research Scope
    1.2. Market Segmentation
    1.3. Research Methodology

2. Executive Summary
    2.1. Global Digital Door Lock Systems Market Snapshot
    2.2. Global Digital Door Lock Systems Market Revenue, 2013 – 2023 (US$ Mn) and Year-on-Year Growth (%)

3. Global Digital Door Lock Systems Market Analysis, 2013 – 2023 (US$ Mn) (Mn Units)
    3.1. Key Trends Analysis
    3.2. Market Dynamics
          3.2.1. Drivers
          3.2.2. Restraints
          3.2.3. Opportunities
    3.3. Value Chain Analysis : Global Digital Door Lock Systems Market
    3.4. Porter’s Five Forces Analysis : Global Digital Door Lock Systems Market
    3.5. Global Digital Door Lock Systems Market Analysis, By Type, 2013 – 2023 (US$ Mn)
          3.5.1. Overview
                  3.5.1.1. Segment Share, 2014 and 2023 (%)
          3.5.2. Biometrics
                  3.5.2.1. Face Recognition
                  3.5.2.2. Iris Recognition
                  3.5.2.3. Palm Recognition
                  3.5.2.4. Voice Recognition
                  3.5.2.5. Signature Recognition
                  3.5.2.6. Fingerprint Recognition
          3.5.3. Keypad Locks
                  3.5.3.1. Magnetic Stripe Locks
                  3.5.3.2. Electromechanical Door Locks
                  3.5.3.3. Electric Strike Locks
    3.6. Global Digital Door Lock Systems Market Analysis, By End-use Adoption, 2013 – 2023 (US$ Mn) (Mn Units)
          3.6.1. Overview
                  3.6.1.1. Segment Share, 2014 and 2023 (%)
          3.6.2. Government
          3.6.3. Commercial
          3.6.4. Industrial
          3.6.5. Residential
    3.7. Global Digital Door Lock Systems Market Analysis, By Geography, 2013 – 2023 (US$ Mn) (Mn Units)
          3.7.1. Overview
                  3.7.1.1. Segment Share, 2014 and 2023 (%)
          3.7.2. North America
                  3.7.2.1. Overview
                  3.7.2.2. Revenue (US$ Mn) and Y-o-Y Growth (%), 2013 - 2023
          3.7.3. Europe
                  3.7.3.1. Overview
                  3.7.3.2. Revenue (US$ Mn) and Y-o-Y Growth (%), 2013 - 2023
          3.7.4. Asia Pacific
                  3.7.4.1. Overview
                  3.7.4.2. Revenue (US$ Mn) and Y-o-Y Growth (%), 2013 - 2023
          3.7.5. Middle East and Africa (MEA)
                  3.7.5.1. Overview
                  3.7.5.2. Revenue (US$ Mn) and Y-o-Y Growth (%), 2013 - 2023
          3.7.6. Latin America
                  3.7.6.1. Overview
                  3.7.6.2. Revenue (US$ Mn) and Y-o-Y Growth (%), 2013 - 2023
    3.8. Competitive Landscape
          3.8.1. Market Positioning of Key Players, 2014
          3.8.2. Competitive Strategies Adopted by Leading Players
          3.8.3. Recommendations

4. North America Digital Door Lock Systems Market Analysis, 2013 – 2023 (US$ Mn) (Mn Units)
    4.1. Market Dynamics and Trends
    4.2. North America Digital Door Lock Systems Market Analysis, By Type, 2013 – 2023 (US$ Mn) (Mn Units)
          4.2.1. Overview
          4.2.2. Biometrics
                  4.2.2.1. Face Recognition
                  4.2.2.2. Iris Recognition
                  4.2.2.3. Palm Recognition
                  4.2.2.4. Voice Recognition
                  4.2.2.5. Signature Recognition
                  4.2.2.6. Fingerprint Recognition
          4.2.3. Keypad Locks
                  4.2.3.1. Magnetic Stripe Locks
                  4.2.3.2. Electromechanical Door Locks
                  4.2.3.3. Electric Strike Locks
    4.3. North America Digital Door Lock Systems Market Analysis, By End-use Adoption, 2013 – 2023 (US$ Mn) (Mn Units)
          4.3.1. Overview
          4.3.2. Government
          4.3.3. Commercial
          4.3.4. Industrial
          4.3.5. Residential
    4.4. North America Digital Door Lock Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn) (Mn Units)
          4.4.1. Overview
          4.4.2. U.S.
          4.4.3. Rest of North America

5. Europe Digital Door Lock Systems Market Analysis, 2013 – 2023 (US$ Mn) (Mn Units)
    5.1. Market Dynamics and Trends
    5.2. Europe Digital Door Lock Systems Market Analysis, By Type, 2013 – 2023 (US$ Mn) (Mn Units)
          5.2.1. Overview
          5.2.2. Biometrics
                  5.2.2.1. Face Recognition
                  5.2.2.2. Iris Recognition
                  5.2.2.3. Palm Recognition
                  5.2.2.4. Voice Recognition
                  5.2.2.5. Signature Recognition
                  5.2.2.6. Fingerprint Recognition
          5.2.3. Keypad Locks
                  5.2.3.1. Magnetic Stripe Locks
                  5.2.3.2. Electromechanical Door Locks
                  5.2.3.3. Electric Strike Locks
    5.3. Europe Digital Door Lock Systems Market Analysis, By End-use Adoption, 2013 – 2023 (US$ Mn) (Mn Units)
          5.3.1. Overview
          5.3.2. Government
          5.3.3. Commercial
          5.3.4. Industrial
          5.3.5. Residential
    5.4. Europe Digital Door Lock Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn) (Mn Units)
          5.4.1. Overview
          5.4.2. EU5 (UK, Germany, France, Italy, Spain)
          5.4.3. CIS
          5.4.4. Rest of Europe

6. Asia Pacific (APAC) Digital Door Lock Systems Market Analysis, 2013 – 2023 (US$ Mn) (Mn Units)
    6.1. Market Dynamics and Trends
    6.2. Asia Pacific Digital Door Lock Systems Market Analysis, By Type, 2013 – 2023 (US$ Mn) (Mn Units)
          6.2.1. Overview
          6.2.2. Biometrics
                  6.2.2.1. Face Recognition
                  6.2.2.2. Iris Recognition
                  6.2.2.3. Palm Recognition
                  6.2.2.4. Voice Recognition
                  6.2.2.5. Signature Recognition
                  6.2.2.6. Fingerprint Recognition
          6.2.3. Keypad Locks
                  6.2.3.1. Magnetic Stripe Locks
                  6.2.3.2. Electromechanical Door Locks
                  6.2.3.3. Electric Strike Locks
    6.3. Asia Pacific Digital Door Lock Systems Market Analysis, By End-use Adoption, 2013 – 2023 (US$ Mn) (Mn Units)
          6.3.1. Overview
          6.3.2. Government
          6.3.3. Commercial
          6.3.4. Industrial
          6.3.5. Residential
    6.4. Asia Pacific Digital Door Lock Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn) (Mn Units)
          6.4.1. Overview
          6.4.2. China
          6.4.3. Japan
          6.4.4. South Korea
          6.4.5. Australasia
          6.4.6. Rest of APAC

7. Middle East and Africa (MEA) Digital Door Lock Systems Market Analysis, 2013 – 2023 (US$ Mn) (Mn Units)
    7.1. Market Dynamics and Trends
    7.2. MEA Digital Door Lock Systems Market Analysis, By Type, 2013 – 2023 (US$ Mn) (Mn Units)
          7.2.1. Overview
          7.2.2. Biometrics
                  7.2.2.1. Face Recognition
                  7.2.2.2. Iris Recognition
                  7.2.2.3. Palm Recognition
                  7.2.2.4. Voice Recognition
                  7.2.2.5. Signature Recognition
                  7.2.2.6. Fingerprint Recognition
          7.2.3. Keypad Locks
                  7.2.3.1. Magnetic Stripe Locks
                  7.2.3.2. Electromechanical Door Locks
                  7.2.3.3. Electric Strike Locks
    7.3. MEA Digital Door Lock Systems Market Analysis, By End-use Adoption, 2013 – 2023 (US$ Mn) (Mn Units)
          7.3.1. Overview
          7.3.2. Government
          7.3.3. Commercial
          7.3.4. Industrial
          7.3.5. Residential
    7.4. MEA Digital Door Lock Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn) (Mn Units)
          7.4.1. Overview
          7.4.2. GCC Countries
          7.4.3. Rest of MEA

8. Latin America Digital Door Lock Systems Market Analysis, 2013 – 2023 (US$ Mn) (Mn Units)
    8.1. Market Dynamics and Trends
    8.2. Latin America Digital Door Lock Systems Market Analysis, By Type, 2013 – 2023 (US$ Mn) (Mn Units)
          8.2.1. Overview
          8.2.2. Biometrics
                  8.2.2.1. Face Recognition
                  8.2.2.2. Iris Recognition
                  8.2.2.3. Palm Recognition
                  8.2.2.4. Voice Recognition
                  8.2.2.5. Signature Recognition
                  8.2.2.6. Fingerprint Recognition
          8.2.3. Keypad Locks
                  8.2.3.1. Magnetic Stripe Locks
                  8.2.3.2. Electromechanical Door Locks
                  8.2.3.3. Electric Strike Locks
    8.3. Latin America Digital Door Lock Systems Market Analysis, By End-use Adoption, 2013 – 2023 (US$ Mn) (Mn Units)
          8.3.1. Overview
          8.3.2. Government
          8.3.3. Commercial
          8.3.4. Industrial
          8.3.5. Residential
    8.4. Latin America Digital Door Lock Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn) (Mn Units)
          8.4.1. Overview
          8.4.2. Brazil
          8.4.3. Rest of Latin America

9. Company Profiles
    9.1. Honeywell International Inc.
          9.1.1. Company Details (HQ, Foundation Year, Employee Strength)
          9.1.2. Market Presence, By Segment and Geography
          9.1.3. Key Developments
          9.1.4. Strategy and Historical Roadmap
          9.1.5. Revenue and Operating Profits
* Similar details would be provided for all the players mentioned below
    9.2. Godrej & Boyce Manufacturing Company Ltd.
    9.3. Assa Abloy Group
    9.4. Cisco Systems, Inc.
    9.5. United Technologies Corporation
    9.6. Siemens AG
    9.7. Panasonic Corporation
    9.8. Nestwell Technologies
    9.9. Vivint, Inc.
    9.10. Hanman International Pte Ltd.
    9.11. Hitachi, Ltd.
    9.12. Tyco International Ltd.

Electromechanical locks are sometimes referred as smart locks also. Electromechanical locks are locks which are designed to perform locking and unlocking operations when receives instructions from an authorized devices via a wireless protocol and cryptographic key to execute the authorization process. The locks are programmed to monitor and send alerts for different events it monitors and events which are critical in nature such as the status of the device. The emergence of the digital home/office/workplace is a major catalyst for the creation of digital door locks and accompanying products designed to integrate seamlessly with digital control systems or provide convenient stand-alone access control. Digital door locks offer a convenient and secure alternative to mechanical locking using a key. The different digital door lock types include biometrics and keypad locks.

Key factors driving the growth of the digital door lock systems market include managed security solutions emerging as an affordable option, enhanced security needs of customers driving adoption of security solutions, high industrial activity driving digital door lock systems market in commercial segment and growth of micro, small and medium enterprises (MSMEs) across the world.

In 2014, the fingerprint recognition was the largest segment in the global biometrics digital door lock systems market with a share of approximately 77.0%. Fingerprint technology is the most established and widespread form of biometrics, and will dominate the residential and commercial end use sector digital door lock systems market. The main advantages of fingerprint technology is that it is the most economical biometric technology and its small storage space, reduced power requirements, and resistive nature to temperature and background lighting make it an ideal technology to be deployed in  digital door lock systems.

In the Digital Door Lock Systems market by end-users, commercial segment was the largest in 2014, accounting for 37.7% of the overall market. The small and medium businesses are anticipated to be the fastest growing segment across different industry verticals during the forecast period. Large number of startups setting up in the field of IT and ITeS across the world are expected to contribute to the global commercial end-use digital door lock systems market

In the Digital Door Lock Systems market by region, Europe segment was the largest in 2014, accounting for 37.1% of the overall market. The APAC region is anticipated to be the fastest growing segment with a CAGR of 35.3% during the forecast period. Europe Digital door lock market revenue is mainly contributed by commercial segment followed by residential segment. Europe comprises a large number of group companies with a good knowledge of their local and in many respects diverse markets. Products are sold primarily through a number of distribution channels, but also directly to end-users.

 

digital-door-lock-systems-market

 

Honeywell International Inc., Godrej & Boyce Manufacturing Company Ltd., Assa Abloy Group, Cisco Systems, Inc., United Technologies Corporation, Siemens AG, Panasonic Corporation, Nestwell Technologies, Vivint, Inc., Hanman International Pte Ltd., Hitachi, Ltd. and Tyco International Ltd. among others are some of the leading players in the digital door lock systems market.


A complete brochure for this research is available for download.

Interact with our pool of experienced analysts for any report related queries