Global Electronic Home Locks Market Size | COVID-19 Impact Analysis | Opportunity, Industry Growth, Market Share, Global Trends, Forecast to 2027

Electronic door locks are a way to replace keys or add additional automation features such as remote locking or unlocking. Electronic door locks also contain parts called “actuators” that connect bolts or cylinders to small motors that are completely embedded in the door or frame itself. The motor is controlled by an electric shock and can be triggered in a variety of ways, including electronic card readers, keypads, or wireless remote control sensors. Either way, the electronic door lock is configured to start the motor-driven actuator only after receiving the correct electronic input.

The Electronic Home Locks key players in this market include:

• Allegion
• ASSA ABLOY
• Honeywell International
• SAMSUNG
• Spectrum Brands
• Vlocker
• Eurolockers
• Locktec UK
• Ozone Safes
• Lockers4U
• KEBA
• CP Lockers

By Type

• Fingerprint
• ID

By Application

• Household
• Commercial

Scope of the Report

The research study analyses the global Electronic Home Locks industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Electronic Home Locks Market Report

1. What was the Electronic Home Locks Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Electronic Home Locks Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Electronic Home Locks Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.