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RFID Locks Market Snapshot (2023 to 2033)

Newly released RFID Locks Market analysis report by Future Market Insights shows that global sales of RFID Locks Market in 2022 were held at US$ 7.4 Billion. With 14.1%, projected growth through 2033, the market is expected to reach a valuation of US$ 36393.0 million by 2033. Mobile Phones are expected to be the highest revenue-generating category, projected to register an absolute dollar opportunity of 17.4% during 2023 to 2033.

Attributes Details
Global RFID Locks Market Size (2023) US$ 9702.8 million
Global RFID Locks Market Size (2033) US$ 36393.0 million
Global RFID Locks Market CAGR (2023 to 2033) 14.1%

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Revenue of RFID Locks Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033

As per the RFID Locks Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value of the RFID Locks Market increased at around 15.9% CAGR.

The use of sophisticated access solutions like RFID readers is becoming increasingly popular. The preference for electromechanical devices over conventional locking systems has sharply grown and is anticipated to continue. This will present several prospects for development for users of smart locking systems. Several cutting-edge approaches are included by leading companies in the smart lock market, including Wi-Fi-assisted lock and unlocks as well as Bluetooth-based (BLE) locking and unlocking utilizing tablets and smartphones. To make entering credentials or pattern-based locking/unlocking easier, touch displays are also included.

Dormakaba's Mobile Access Solutions is indeed a secured, end-to-end mobile credentials program that uses Bluetooth Low Energy (BLE), the recommended technological advancement for dormakaba mobile-equipped RFID hotel locks. They are convenient and dependable, and ensure security both for the hotel property and visitors. LEGIC Connect is used to transmit mobile access credentials for dormakaba. The LEGIC Connect services are housed in a secure, scalable data centre. The technique is easily adaptable to different uses such as entering parking garages or elevators. It has been designed to fulfil the demands of any hotel in the implementation of its mobile strategy. They provide a variety of services that help operators facilitate the deployment of BLE mobile access using its RFID locks.

What Factors Are Propelling RFID Locks Demand?

RFID locking systems are becoming more popular among company owners and households as urbanization and security demands increase. As a result, to make their electronic locks smarter, lock makers are implementing smart technologies. Some of the characteristics offered by the RFID lock market, particularly in the hotel industry, include ergonomically designed, well-suited design, ADA compliance, universality, and flexibility. Many flats, houses, small businesses, schools, and other such establishments still use traditional key-and-door knob locks on both interior and exterior doors.

ASSA ABLOY Hospitality introduced the VingCard E100 lock, an electronics escutcheon set designed specifically for use with built-in lock cases. The escutcheon set was originally designed keeping back-of-house activities in mind and is appropriate for workplaces and other regular hotel staff spaces. It is RFID key card compatible. The VingCard E100 increases the ability to provide better security access across a whole building or facility. The various door designs seen in office & hotel staff spaces frequently hinder the ability to install contemporary door lock technologies. Because of its small and basic form, the E100 avoids such complications. Because it is DIN and SIS compatible, the E100 may be installed on doors with thin lock casings.

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Which Industries Have Led to the Staggering Demand for RFID Locks?

Additionally, during the course of the projected period, there will be greater chances due to the expansion of digital locking technologies in emerging nations. The low usage rate of RFID locks in low - and – middle-income nations and the potential for access code hacking, however, might impede the expansion of the worldwide RFID locks market. Customers' increased security requirements, which are boosting the development of security solutions globally, have prompted several regional and international businesses to diversify their product offerings.

Linus, a fresh new automated Smart Lock that provides consumers with a high degree of security and design, will be announced and showcased. The Linus Smart Lock, which is powered by the latest technological advancements and also a user-friendly Yale Accessibility app, will provide additional functionality including the ability to lock as well as unlock the door, provide keyless access, and keep a record of who comes and leaves with a 24/7 access history.

Linus was already nominated for an award, and a day after the announcement, they received the 'Ambient Top Pick trophy at CES 2020. Linus is a beginning for any smart home, with a sleek and stylish appearance as well as additional features. The Smart Lock will provide its customers with even more freedom and simplicity in their time-pressed life, without sacrificing style, and can be managed via a smartphone.

Region-wise Analysis

Which Region is Projected to Offer the Largest Opportunity for RFID Locks Market?

The expanding number of residential remodelling projects in North America is a key factor driving the demand for RFID locks. The market for RFID locks in North America is being driven by construction activities. Buildings being built for both residential and non-residential purposes are increasing the demand for new built-in locks. Furthermore, a rising number of consumers and businesses are updating their current lock systems, which is fuelling the desire for the retrofitting industry.

Kwikset, a leading home lock company in the United States, introduced an extended line of products that use Microban SilverShield technology and are accessible to all consumers. For the past four years, Kwikset has been the sole home lock provider of Microban, raising the bar for door hardware. Kwikset was the first home lock manufacturer to provide door equipment having Microban antimicrobial quality control, which was initially revealed at the International Builders' Show (IBS) in 2018.

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Country-wise Analysis

Which Country Holds the Key to the RFID Locks Market?

By the end of 2033, the United States is predicted to hold the largest market share of US$ 36393.0 million. Rising construction activity, more companies and residences upgrading their existing locking solutions to RFID technology, and an increase in housing invasions and burglaries are all contributing factors to the market expansion.

Category-wise Insights

Which RFID Locks Segment is projected to Witness the Fastest Growth among RFID Locks Type?

The mobile Phones category is forecasted to grow at the highest CAGR of over 17.4% during 2023 to 2033. The development of RFID locks that can be accessed via Mobile phones is gaining significant traction. The use of a smartphone or voice control is two more effective ways to open and close doors without using a key. Target end users are projected to utilize RFID locks more frequently as smartphone adoption rises.

An intelligently networked environment based on tried-and-true security architecture is created by Digilock's most recent iteration of smart lock innovation with DigiLink, a cloud-based networking management solution. Sixth Generation locks from gridlock use DigiLink, the most recent development in network management systems, and represent the next step in smart lock technology. DigiLink allows users to control the facilities and customers from everywhere and offers the means to keep their business secure.

Which Product Type of RFID Locks is Expected to Score the Highest Growth in the Coming Years?

The Residential segment is forecasted to grow at the highest CAGR of 14.9% during 2023 to 2033. Due to the expanding smart home traditional architecture, which incorporates remote connection as well as a network connection, and also the rising desire for increased security provided by a smart lock, the residential sector is predicted to develop throughout the anticipated period.

For hotel guests, RFID locks from Qilocks Equipment Ltd. offered contactless admission. The antenna of the label, as well as the microchip or electronic circuit, are the only two key parts of passive RFID tags, as opposed to active RFID tags. Even locks that offer the highest level of protection owing to power anti-cloning technologies require only a modest signal reader to be visible on the door. For visitors to utilize their smartphones in place of the RFID lock readers, the RFID locks are also made to be easily adaptable to new technologies.

Competitive Analysis

The leading players in the global RFID Locks market are ASSA ABLOY AB Hospitality, Dormakaba Group, MIWA Lock, Samsung, Allegion, Godrej Locking Solutions and Systems, Hettich Hettlock, Lock State, Onity (by United Technologies), SALTO Systems. To gain a competitive advantage in the industry, these market players are investing in product launches, partnerships, mergers and acquisitions, and expansions.

Numerous new businesses are anticipated to enter the market as a result of the product's rising demand in countries around the world. On a global level, competition is predicted to rise as a result. Established market participants are projected to broaden their portfolios to combat intense competition.

  • In August 2020, August Home, Inc. introduced August Wi-Fi Smart Locking, the most sophisticated smart lock with a brand-new compact form and built-in Wi-Fi connectivity.

Similarly, recent developments related to companies in RFID Locks services have been tracked by the team at Future Market Insights, which are available in the full report.

Market Segments Covered in RFID Locks Market Analysis

By Access Device:

  • Key Cards
  • Mobile Phone
  • Wearables
  • Key Fobs

By Application:

  • Hospitality
  • Automotive
  • Aerospace & Defence
  • Residential, Manufacturing
  • BFSI
  • Retail
  • Transportation & Logistics
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Frequently Asked Questions

Rising edge-cutting technologies is fueling the demand in the United States.

The growing security concerns impacts in Europe has increased the demand.

The growing smart technologies has necessitated RFID rocks adoption.

The United States held a maximum share of the global market in 2023.

North America to witness lucrative growth opportunities through 2033.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Access Device

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Access Device, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Access Device, 2023 to 2033

        5.3.1. Key Cards

        5.3.2. Mobile Phone

        5.3.3. Wearables

        5.3.4. Key Fobs

    5.4. Y-o-Y Growth Trend Analysis By Access Device, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Access Device, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033

        6.3.1. Hospitality

        6.3.2. Automotive

        6.3.3. Aerospace & Defence

        6.3.4. Residential, Manufacturing

        6.3.5. BFSI

        6.3.6. Retail

        6.3.7. Transportation & Logistics

        6.3.8. Others

    6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022

    7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Western Europe

        7.3.4. Eastern Europe

        7.3.5. South Asia and Pacific

        7.3.6. East Asia

        7.3.7. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Access Device

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Access Device

        8.3.3. By Application

    8.4. Key Takeaways

9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Access Device

        9.2.3. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Access Device

        9.3.3. By Application

    9.4. Key Takeaways

10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. UK

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Western Europe

        10.2.2. By Access Device

        10.2.3. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Access Device

        10.3.3. By Application

    10.4. Key Takeaways

11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. Poland

            11.2.1.2. Russia

            11.2.1.3. Czech Republic

            11.2.1.4. Romania

            11.2.1.5. Rest of Eastern Europe

        11.2.2. By Access Device

        11.2.3. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Access Device

        11.3.3. By Application

    11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Bangladesh

            12.2.1.3. Australia

            12.2.1.4. New Zealand

            12.2.1.5. Rest of South Asia and Pacific

        12.2.2. By Access Device

        12.2.3. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Access Device

        12.3.3. By Application

    12.4. Key Takeaways

13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Access Device

        13.2.3. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Access Device

        13.3.3. By Application

    13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Israel

            14.2.1.4. Rest of MEA

        14.2.2. By Access Device

        14.2.3. By Application

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Access Device

        14.3.3. By Application

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. USA

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2022

            15.1.2.1. By Access Device

            15.1.2.2. By Application

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2022

            15.2.2.1. By Access Device

            15.2.2.2. By Application

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2022

            15.3.2.1. By Access Device

            15.3.2.2. By Application

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2022

            15.4.2.1. By Access Device

            15.4.2.2. By Application

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2022

            15.5.2.1. By Access Device

            15.5.2.2. By Application

    15.6. UK

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2022

            15.6.2.1. By Access Device

            15.6.2.2. By Application

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2022

            15.7.2.1. By Access Device

            15.7.2.2. By Application

    15.8. Spain

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2022

            15.8.2.1. By Access Device

            15.8.2.2. By Application

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2022

            15.9.2.1. By Access Device

            15.9.2.2. By Application

    15.10. Poland

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2022

            15.10.2.1. By Access Device

            15.10.2.2. By Application

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2022

            15.11.2.1. By Access Device

            15.11.2.2. By Application

    15.12. Czech Republic

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2022

            15.12.2.1. By Access Device

            15.12.2.2. By Application

    15.13. Romania

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2022

            15.13.2.1. By Access Device

            15.13.2.2. By Application

    15.14. India

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2022

            15.14.2.1. By Access Device

            15.14.2.2. By Application

    15.15. Bangladesh

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2022

            15.15.2.1. By Access Device

            15.15.2.2. By Application

    15.16. Australia

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2022

            15.16.2.1. By Access Device

            15.16.2.2. By Application

    15.17. New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2022

            15.17.2.1. By Access Device

            15.17.2.2. By Application

    15.18. China

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2022

            15.18.2.1. By Access Device

            15.18.2.2. By Application

    15.19. Japan

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2022

            15.19.2.1. By Access Device

            15.19.2.2. By Application

    15.20. South Korea

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2022

            15.20.2.1. By Access Device

            15.20.2.2. By Application

    15.21. GCC Countries

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2022

            15.21.2.1. By Access Device

            15.21.2.2. By Application

    15.22. South Africa

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2022

            15.22.2.1. By Access Device

            15.22.2.2. By Application

    15.23. Israel

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2022

            15.23.2.1. By Access Device

            15.23.2.2. By Application

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Access Device

        16.3.3. By Application

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. ASSA ABLOY AB

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Bai Fu Co., Ltd.

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. Digilock

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. Dormakaba Group

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. Euro-Locks SA NV

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Godrej & Boyce Manufacturing Company Limited

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. Onity Inc.

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. Samsung

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. SenseOn

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. Nestwell Technologies

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

        17.1.11. Yale

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

                17.1.11.5.2. Product Strategy

                17.1.11.5.3. Channel Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 4: Global Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 6: Global Market Volume (Units) Forecast by Application, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 10: North America Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 12: North America Market Volume (Units) Forecast by Application, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 16: Latin America Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 18: Latin America Market Volume (Units) Forecast by Application, 2018 to 2033

Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Western Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 21: Western Europe Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 22: Western Europe Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 23: Western Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 24: Western Europe Market Volume (Units) Forecast by Application, 2018 to 2033

Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 27: Eastern Europe Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 28: Eastern Europe Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 29: Eastern Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 30: Eastern Europe Market Volume (Units) Forecast by Application, 2018 to 2033

Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2018 to 2033

Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 34: South Asia and Pacific Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 36: South Asia and Pacific Market Volume (Units) Forecast by Application, 2018 to 2033

Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 38: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033

Table 39: East Asia Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 40: East Asia Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 41: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 42: East Asia Market Volume (Units) Forecast by Application, 2018 to 2033

Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2018 to 2033

Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Access Device, 2018 to 2033

Table 46: Middle East and Africa Market Volume (Units) Forecast by Access Device, 2018 to 2033

Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 48: Middle East and Africa Market Volume (Units) Forecast by Application, 2018 to 2033
Sudip Saha
Sudip Saha

Principal Consultant

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List of Charts

Figure 1: Global Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 9: Global Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 13: Global Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 16: Global Market Attractiveness by Access Device, 2023 to 2033

Figure 17: Global Market Attractiveness by Application, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by Application, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 27: North America Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 31: North America Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 34: North America Market Attractiveness by Access Device, 2023 to 2033

Figure 35: North America Market Attractiveness by Application, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by Application, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 45: Latin America Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 49: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Access Device, 2023 to 2033

Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Western Europe Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 56: Western Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 57: Western Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Western Europe Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 63: Western Europe Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 66: Western Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 67: Western Europe Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 70: Western Europe Market Attractiveness by Access Device, 2023 to 2033

Figure 71: Western Europe Market Attractiveness by Application, 2023 to 2033

Figure 72: Western Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Eastern Europe Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 74: Eastern Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 81: Eastern Europe Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 85: Eastern Europe Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 88: Eastern Europe Market Attractiveness by Access Device, 2023 to 2033

Figure 89: Eastern Europe Market Attractiveness by Application, 2023 to 2033

Figure 90: Eastern Europe Market Attractiveness by Country, 2023 to 2033

Figure 91: South Asia and Pacific Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 92: South Asia and Pacific Market Value (US$ Million) by Application, 2023 to 2033

Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 106: South Asia and Pacific Market Attractiveness by Access Device, 2023 to 2033

Figure 107: South Asia and Pacific Market Attractiveness by Application, 2023 to 2033

Figure 108: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033

Figure 109: East Asia Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 110: East Asia Market Value (US$ Million) by Application, 2023 to 2033

Figure 111: East Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 113: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 116: East Asia Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 117: East Asia Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 118: East Asia Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 120: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 121: East Asia Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 122: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 124: East Asia Market Attractiveness by Access Device, 2023 to 2033

Figure 125: East Asia Market Attractiveness by Application, 2023 to 2033

Figure 126: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 127: Middle East and Africa Market Value (US$ Million) by Access Device, 2023 to 2033

Figure 128: Middle East and Africa Market Value (US$ Million) by Application, 2023 to 2033

Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033

Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Access Device, 2018 to 2033

Figure 135: Middle East and Africa Market Volume (Units) Analysis by Access Device, 2018 to 2033

Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Access Device, 2023 to 2033

Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Access Device, 2023 to 2033

Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 139: Middle East and Africa Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 142: Middle East and Africa Market Attractiveness by Access Device, 2023 to 2033

Figure 143: Middle East and Africa Market Attractiveness by Application, 2023 to 2033

Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033

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