Digital Door Lock System Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026

Dublin 2, Ireland, 2018-Mar-30 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Digital Door Lock System Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” has been added to the wide online database of Fact.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global “Digital Door Lock System Market”. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

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According to recently published report by Fact.MR, the global digital door lock system market is projected to grow at a CAGR of 30.8% in terms of value during the period 2017-2026. In terms of volume, the market is anticipated to record sales of nearly 80,000 thousand units by 2026-end.

Demand for Iris Recognition Digital Door Lock Systems to Gain Traction

The report projects that the demand for fingerprint recognition digital door lock systems will lose traction over the forecast period. Malpractices such as the use of thin, pressure-sensitive films to replicate fingerprint impression continue create major concerns for the security measures of fingerprint recognition digital door lock systems. On the other hand, the demand for iris recognition digital door lock systems is expected to incur considerable gains, and register a CAGR of 41.3% in terms of volume over the forecast period. The report also projects that governments and commercial settings will be the largest end-users of digital door lock systems through 2026.

Over 26,700 thousand units of digital door lock systems will be sold in Europe by 2026-end

Throughout the forecast period, Europe will remain at the forefront of global digital door lock system market expansion. The report estimates that by the end of 2026, around one-third share of global market volumes will be accounted by the sales of digital door lock systems in Europe. In terms of volume, the expansion of digital door lock system market in North America and Asia-Pacific excluding Japan (APEJ) region is pegged to be robust. By the end of 2026, North America’s digital door lock system market will record sales of over 21,600 thousand units of digital door lock systems, while the APEJ digital door lock system market will register sales of nearly 15,500 thousand units.

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Table of Content:

1. Global Economic Outlook

2. Global Digital Door Lock System Market – Executive Summary

3. Global Digital Door Lock System Market Overview
4. Global Digital Door Lock System Market Analysis and Forecast 2012-2026
5. North America Digital Door Lock System Market Size and Forecast, 2012-2026
6. Latin America Digital Door Lock System Market Size and Forecast, 2012-2026
7. Europe Digital Door Lock System Market Size and Forecast, 2012-2026
8. Japan Digital Door Lock System Market Size and Forecast, 2012-2026

9. APEJ Digital Door Lock System Market Size and Forecast, 2012-2026
10. MEA Digital Door Lock System Market Size and Forecast, 2012-2026
11. Global Digital Door Lock System Market Company Share, Competition Landscape and Company Profiles
12. Research Methodology

13. Secondary and Primary Sources

14. Assumptions and Acronyms

15. Disclaimer

Continued….

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