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Wireless door locks are systems used to lock and unlock doors without the need of electrical wiring. They are usually powered with internal battery support systems.
The wireless door lock market is dominated by a few well-known brands that are more reliable in offering better security assurance. However, these systems have high installation and maintenance costs, which hampers the adoption of wireless door locks on a mass scale by consumers in under-developed or developing economies.
From a region perspective, North America & Europe are estimated to hold more than 55% of the market volume share in 2018.