
Global RFID Locks Market to 2027
Description
Global RFID Locks Market to 2027
Global RFID Locks Market to 2027
Market Overview
RFID locks are specifically designed for locking and unlocking operations which contains encoded data on the RFID chip. They are significantly used in hospitality industry and relied upon holes that were pierced into the cards. RFID is referred as radio frequency identification technology which is automatic technology that is used to transfer of radio signals and also for detection of various objects like assets, goods, and vehicles.
Market Drivers
Rise in property crime, home invasions, and burglaries in past few years which is the key driving factor expected to boost the global RFID locks market growth. Furthermore, rise in penetration of smart phones and its user friendly experience will have the positive impact on market growth. Moreover, continuous technological advancements will fuel the market growth. Also, rise in smart lock user will support the global RFID locks market growth.
Market Restraints
However, low awareness about RFID locks and low literacy about its usage are the restraining factors which are expected to hinder the global RFID locks market growth. Also, high cost of security solutions will affect the market growth.
Market Segmentation
Global RFID Locks Market is segmented into access device such as Mobile Phones, Key Cards, and Key fobs. Further, market is segmented into application such as BFSI, Retail, Transportation & Logistics, Manufacturing, Residential, Aerospace & Defense, Automotive, Hospitality, and Others.
Also, Global RFID Locks Market is segmented in five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Honeywell International Inc, dorma+kaba Holdings AG., Samsung Electronics Co Ltd, Siemens AG, Vivint, Inc., United Technologies Corporation, Nestwell Technologies, Assa Abloy Group,and Godrej & Boyce Manufacturing Company Ltd.
Market Taxonomy
By Access Device
Global RFID Locks Market to 2027
Market Overview
RFID locks are specifically designed for locking and unlocking operations which contains encoded data on the RFID chip. They are significantly used in hospitality industry and relied upon holes that were pierced into the cards. RFID is referred as radio frequency identification technology which is automatic technology that is used to transfer of radio signals and also for detection of various objects like assets, goods, and vehicles.
Market Drivers
Rise in property crime, home invasions, and burglaries in past few years which is the key driving factor expected to boost the global RFID locks market growth. Furthermore, rise in penetration of smart phones and its user friendly experience will have the positive impact on market growth. Moreover, continuous technological advancements will fuel the market growth. Also, rise in smart lock user will support the global RFID locks market growth.
Market Restraints
However, low awareness about RFID locks and low literacy about its usage are the restraining factors which are expected to hinder the global RFID locks market growth. Also, high cost of security solutions will affect the market growth.
Market Segmentation
Global RFID Locks Market is segmented into access device such as Mobile Phones, Key Cards, and Key fobs. Further, market is segmented into application such as BFSI, Retail, Transportation & Logistics, Manufacturing, Residential, Aerospace & Defense, Automotive, Hospitality, and Others.
Also, Global RFID Locks Market is segmented in five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Honeywell International Inc, dorma+kaba Holdings AG., Samsung Electronics Co Ltd, Siemens AG, Vivint, Inc., United Technologies Corporation, Nestwell Technologies, Assa Abloy Group,and Godrej & Boyce Manufacturing Company Ltd.
Market Taxonomy
By Access Device
- Mobile Phones
- Key Cards
- Key fobs
- BFSI
- Retail
- Transportation & Logistics
- Manufacturing
- Residential
- Aerospace & Defense
- Automotive
- Hospitality
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Contents
191 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global RFID Locks Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global RFID Locks Market, By Access Device
- 5.1 Y-o-Y Growth Comparison, By Access Device
- 5.2 Global RFID Locks Market Share Analysis, By Access Device
- 5.3 Global RFID Locks Market Size and Forecast, By Access Device
- 5.3.1 Mobile Phones
- 5.3.2 Key Cards
- 5.3.3 Key Fobs
- 6 Global RFID Locks Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global RFID Locks Market Share Analysis, By Application
- 6.3 Global RFID Locks Market Size and Forecast, By Application
- 6.3.1 BFSI
- 6.3.2 Retail
- 6.3.3 Transporation & Logistics
- 6.3.4 Manufacturing
- 6.3.5 Residential
- 6.3.6 Aerospace & Defense
- 6.3.7 Automotive
- 6.3.8 Hospitality
- 6.3.9 Others
- 7 Global RFID Locks Market, By Region
- 7.1 Global RFID Locks Market Share Analysis, By Region
- 7.2 Global RFID Locks Market Share Analysis, By Region
- 7.3 Global RFID Locks Market Size and Forecast, By Region
- 8 North America RFID Locks Market Analysis and Forecast (2017 – 2027)
- 8.1 Introduction
- 8.2 North America RFID Locks Market Share Analysis, By Access Device
- 8.3 North America RFID Locks Market Size and Forecast, By Application
- 8.4 North America RFID Locks Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe RFID Locks Market Analysis and Forecast (2017 – 2027)
- 9.1 Introduction
- 9.2 Europe RFID Locks Market Share Analysis, By Access Device
- 9.3 Europe RFID Locks Market Size and Forecast, By Application
- 9.4 Europe RFID Locks Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4. Rest of Europe
- 10 Asia Pacific RFID Locks Market Analysis and Forecast (2017 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific RFID Locks Market Share Analysis, By Access Device
- 10.3 Asia Pacific RFID Locks Market Size and Forecast, By Application
- 10.4 Asia Pacific RFID Locks Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4. Rest of Asia Pacific
- 11 Latin America RFID Locks Market Analysis and Forecast (2017 – 2027)
- 11.1 Introduction
- 11.2 Latin America RFID Locks Market Share Analysis, By Access Device
- 11.3 Latin America RFID Locks Market Size and Forecast, By Application
- 11.4 Latin America RFID Locks Market Size and Forecast, By Country
- 12 Middle East RFID Locks Market Analysis and Forecast (2017 – 2027)
- 12.1 Introduction
- 12.2 Middle East RFID Locks Market Share Analysis, By Access Device
- 12.3 Middle East RFID Locks Market Size and Forecast, By Application
- 12.4 Middle East RFID Locks Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 15.1 Honeywell International Inc
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 dorma+kaba Holdings AG
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Samsung Electronics Co Ltd
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Siemens AG
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Vivint, Inc
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 United Technologies Corporation
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Nestwell Technologies
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Assa Abloy Group
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Godrej & Boyce Manufacturing Company Ltd
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
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