Commercial Digital Door Lock Market
Commercial Digital Door Lock Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report
Commercial Digital Door Lock Market Size and Growth
The global Commercial Digital Door Lock market is expected to reach a valuation of $6.2 billion by 2025, with a CAGR of 28.3% during the forecast period. The market is driven by increasing demand for advanced security systems in commercial buildings, as well as technological advancements in keyless entry solutions.
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Companies Covered (Covid 19 Impact Covered)
◍ Vivint
◍ United Technologies Corporation
◍ Panasonic Corporation
◍ Samsung Digital Life
◍ Weiser Lock
◍ Hitachi
◍ Stone Lock
◍ Adel Lock
◍ Kwikset
◍ Schlage
◍ Guangzhou Digi Intelligent System
Manufacturing
◍ Westinghouse
◍ Godrej & Boyce
◍ Assa Abloy Group
◍ Honeywell International
The commercial digital door lock market is highly competitive with key players such as Vivint, United Technologies Corporation, Panasonic Corporation, Samsung Digital Life, and more. These companies offer advanced security solutions to businesses, helping to grow the market by providing innovative products and services.
- Vivint: $1.5 billion in sales revenue
- Panasonic Corporation: $77.3 billion in sales revenue
- Samsung Digital Life: $50.8 billion in sales revenue
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Market Segmentation
By Application
◍ Mall
◍ Office Buildings
◍ Hotel
◍ Other
By Product
◍ Magnetic Stripe Locks
◍ Electromechanical Door Locks
◍ Electric Strike Locks
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Market Growth
$ 10500.00 Million
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