How to Choose Electronic Home Locks? Are Smart Locks Really Better?
Keys are yesterday’s tech, your smart home needs a smart lock.
An electronic home lock is a device that operates by means of electric current. They might be connected to an access control system and can be remotely monitored and controlled, both to lock and to unlock. The growing incorporation of advanced technologies is one of the primary drivers in the electronic home locks market; smart connectivity is one of the advanced technologies integrated into electronic home locks. With the help of wireless technologies such as Bluetooth and Wi-Fi, electronic home locks can be easily connected to smartphones. Thus, these above factors are likely to surge the demand for electronic home locks during the forecast period.
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Electronic locks provide wireless connectivity that can send security alerts to the user on connected devices, which allows them to monitor the systems remotely; thus, this factor is driving the growth of the electronic home locks market. However, the high initial cost may restrain the growth of the electronic home locks market. Furthermore, the demand for smart security systems is anticipated to offer numerous opportunities during the forecast period.
List of the Top Key Companies:
1. Allegion plc
2. ASSA ABLOY
3. August Home
4. HANMAN INTERNATIONAL PTE LTD (Samsung)
5. Honeywell International Inc.
6. Nuki Home Solutions
7. Safewise
8. SentriLock, LLC
9. The Godrej Group
10. Weiser
Global Electronic Home Locks Market Analysis to 2027 is a specialized and in-depth study of the electronic home locks market with a special focus on the global market trend analysis. The report aims to provide an overview of electronic home locks market with detailed market segmentation by product type, application, and geography. The global electronic home locks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronic home locks market players and offers key trends and opportunities in the electronic home locks market.
Source: https://www.theinsightpartners.com/reports/electronic-home-locks-market