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RFID Locks Market by Access Device (Key Cards, Mobile Phone, and Wearables) and End User (Residential, Hospitality, Automotive, Government, Retail, BFSI, and Other): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10176
Pages: 246
Feb 2021 | 932 Views
 
Author(s) : Avinash Savekar , Vineet Kumar
Tables: 92
Charts: 71
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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RFID Locks Market Outlook 

The global RFID locks market size was $2.92 billion in 2019, and is expected to reach $9.93 billion by 2027, growing at a CAGR of 19.40% from 2020 to 2027. A radio frequency identification (RFID) lock, also known as IC card lock, is the electronic lock that adopts a radio frequency card as the key. With the help of RFID technology, the RFID card can be contactless to open the lock while the old-style contactable card requires physical contact with a reader. The RFID technology is recognition system that works with the help of electromagnetic waves to transmit signals. In addition, for home use, the RFID lock system is not used to replace the mechanical lock due to the cost and the traditional concept. Moreover, RFID door locks can be effective or ineffective in real-time operation. At the same time, the validity of the RFID card is under control as the valid period of the RFID card can also be set. 

RFID technology plays a vital role in the government, residential, and other sectors. The safety and security of personal assets & information and law enforcements are the major concerns behind the adoption of RFID technology in the government sector. Several government organizations and forensic departments use RFID locks for access control of sensitive centers of information, employee authentication, and others.

RFID-Locks-Market-2020-2027

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In addition, commercial sectors, especially banking & finance sectors & enterprises, have adopted RFID locks technology for various applications, including PC/network access and physical access in an effort to provide strong authentication and security mechanisms. RFID locks are considered great for hotels, hospitals, dormitory, and commercial buildings. Rising adoption of RFID locks in commercial and government sectors is expected to provide lucrative growth opportunities for the RFID locks market.   

The prominent factors that drive the RFID locks market share include high usage of RFID locks in commercial and government sectors and high adoption of smartphones. High usage of smartphone and the penetration of its numerous features in day-to-day activity are providing lucrative opportunities for the RFID locks market growth. In addition, the user-friendly experience of mobile phones and their application are allowing companies to offer their product services right into the customer’s hand by enabling them to control the RFID door locks more proficiently & handily. This is the most prominent attraction for the customers that is expected to increase the smart lock user base, thereby supporting the growth of the RFID locks market and increasing the demand for access control systems with near field communication (NFC). 

The most common use of RFID in access control system is in door entry systems for personnel. RFID-enabled tags are usually employed at a very basic level as identification badges for workers and provide a simple solution for any company or industry, which uses access control systems. In addition, RFID technology is popularly employed in access control systems to allow only authenticated and authorized personnel to enter secure spaces. 

RFID Locks Market
By Access Device

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Key Cards segment is projected as one of the most lucrative segments.

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RFID is a favored choice for several uses aside from office management such as supply chain inventory, parking garage gate control, and retail checkout lines. Rising demand for access control systems with NFC technology creates lucrative opportunities for the RFID locks market. However, one of the major restraints is the unaffordable prices of security solutions. On the contrary, high development of smart home is anticipated to provide lucrative opportunities for the expansion of the RFID locks industry during the forecast period. The rising adoption of smart home architecture across the globe that includes features, such as remote access, voice control, and seamless connectivity, is further boosting the adoption of RFID locks for the residential sector. RFID locks enable advanced security features, which have become increasingly popular, owing to increasing safety & security concerns across various end users, including hospitality, government and educational institutions, residential premises, and several corporate buildings. These factors are expected to create lucrative opportunities for the RFID locks market. 

The global RFID locks market is segmented into access device, end user, and region. On the basis of access device, the market is classified into key cards, mobile phone, and wearables. Depending on end user, the market is fragmented into residential, hospitality, automotive, government, retail, BFSI, and other. Region-wise, the RFID locks market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America accounted for the highest market share, owing to increase in adoption of smart locks and rise in sale of RFID locks.  

RFID Locks Market
By End User

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Residential segment is expected to secure leading position during forecast period.

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Top Impacting Factors

The prominent factors that drive the growth of the RFID locks market size include high usage of RFID locks in commercial and government sectors, high adoption of smartphones, and high demand for access control systems with near field communication (NFC). However, unaffordable prices of security solutions restrict the market growth. Conversely, high development of smart home creates lucrative opportunities for the RFID locks market.   

Competition Analysis

Competitive analysis and profiles of the major players operating in the market, such as Honeywell International Inc., Godrej & Boyce Manufacturing Company Ltd, Assa Abloy Group, Samsung Electronics Co Ltd, Dormakaba Holdings AG, Allegion plc, Spectrum Brands, Inc., MIWA Lock Co., OJMAR, S.A., and Hettich Holding GmbH & Co. oHG, are provided in this report.

RFID Locks Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 22.60% during 2020-2027

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Covid-19 Impact Analysis

  • The global RFID locks market has been significantly impacted by the COVID-19 outbreak. Production facilities of smart locks have been halted, owing to the slowdown and unavailability of the workforce across the globe. COVID-19 outbreak has caused a significant and protracted drop in manufacturing utilization while travel bans & facility closures kept workers out of their factories, which led to slowdown in the growth of the RFID locks market in 2020. 
  • Social & physical distancing and other restrictions have now become a part of our lives and will influence our behavior for the foreseeable future. Post COVID-19, consumers, enterprises, and governments are expected to focus notably on keeping workplaces safe and clean. There is a long list of action items required that include regular decontamination of offices and factories, wearing masks, social distancing, and mandatory compliance with corporate apps that track employee health and movement.
  • The COVID-19 pandemic has severely impacted the automotive, manufacturing, and transportation & logistics industry globally. The demand for locks has been impacted globally, owing to lockdowns across different countries. COVID-19 has also disrupted the global supply chain of major electronic brands.

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global RFID locks market outlook along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall RFID locks market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and RFID locks market opportunities with a detailed impact analysis.  
  • The current RFID locks market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency. 
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the market. 
  • The report includes the market trends and the market share of key vendors. 

Key Market Segments

By Access Device

  • Key Cards
  • Mobile Phone
  • Wearables

By End User

  • Residential
  • Hospitality
  • Automotive
  • Government
  • Retail
  • BFSI
  • Other

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France    
    • Rest of Europe
  • Asia-Pacific
    • China 
    • Japan
    • South Korea
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Honeywell International Inc.
  • Godrej & Boyce Manufacturing Company Ltd
  • Assa Abloy Group
  • Samsung Electronics Co Ltd
  • Dormakaba Holdings AG
  • Allegion plc
  • Spectrum Brands, Inc.
  • MIWA Lock Co.
  • OJMAR, S.A.
  • Hettich Holding GmbH & Co. oHG 
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.COVID-19 Impact analysis

3.2.1.COVID-19 Outbreak
3.2.2.Impact on market size

3.3.Key findings

3.3.1.Top impacting factors
3.3.2.Top investment pockets

3.4.Porter’s five forces analysis
3.5.Patent analysis

3.5.1.By region, 2014–2020
3.5.2.By applicant, 2014–2020

3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.High usage of RFID locks in commercial and government sector
3.6.1.2.Rising adoption of smartphones
3.6.1.3.High demand for access control systems with NFC

3.6.2.Restraint

3.6.2.1.Unaffordable prices of security solutions

3.6.3.Opportunities

3.6.3.1.High development of smart home

CHAPTER 4:GLOBAL RFID LOCKS MARKET, BY ACCESS DEVICE

4.1.Overview
4.2.Key Cards

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Mobile Phone

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Wearables

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:GLOBAL RFID LOCKS MARKET, BY END USE

5.1.Overview
5.2.Residential

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Hospitality

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Automotive

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Government

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Retail

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

5.7.BFSI

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country

5.8.Others

5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, by region
5.8.3.Market analysis, by country

CHAPTER 6:RFID LOCKS MARKET, BY REGION

6.1.Overview
6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by access device
6.2.3.Market size and forecast, by end use
6.2.4.Market analysis, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by access device
6.2.4.1.2.Market size and forecast, by end use

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by access device
6.2.4.2.2.Market size and forecast, by end use

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by access device
6.2.4.3.2.Market size and forecast, by end use

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by access device
6.3.3.Market size and forecast, by end use
6.3.4.Market analysis, by country

6.3.4.1.Germany

6.3.4.1.1.Market size and forecast, by access device
6.3.4.1.2.Market size and forecast, by end use

6.3.4.2.UK

6.3.4.2.1.Market size and forecast, by access device
6.3.4.2.2.Market size and forecast, by end use

6.3.4.3.France

6.3.4.3.1.Market size and forecast, by access device
6.3.4.3.2.Market size and forecast, by end use

6.3.4.4.Rest of Europe

6.3.4.4.1.Market size and forecast, by access device
6.3.4.4.2.Market size and forecast, by end use

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by access device
6.4.3.Market size and forecast, by end use
6.4.4.Market analysis, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by access device
6.4.4.1.2.Market size and forecast, by end use

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by access device
6.4.4.2.2.Market size and forecast, by end use

6.4.4.3.South Korea

6.4.4.3.1.Market size and forecast, by access device
6.4.4.3.2.Market size and forecast, by end use

6.4.4.4.India

6.4.4.4.1.Market size and forecast, by access device
6.4.4.4.2.Market size and forecast, by end use

6.4.4.5.Rest of Asia-Pacific

6.4.4.5.1.Market size and forecast, by access device
6.4.4.5.2.Market size and forecast, by end use

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by access device
6.5.3.Market size and forecast, by end use
6.5.4.Market analysis, by country

6.5.4.1.Latin America

6.5.4.1.1.Market size and forecast, by access device
6.5.4.1.2.Market size and forecast, by end use

6.5.4.2.Middle East

6.5.4.2.1.Market size and forecast, by access device
6.5.4.2.2.Market size and forecast, by end use

6.5.4.3.Africa

6.5.4.3.1.Market size and forecast, by access device
6.5.4.3.2.Market size and forecast, by end use

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2020

7.2.Competitive dashboard
7.3.Competitive heatmap

CHAPTER 8:COMPANY PROFILES

8.1.ASSA ABLOY Group

8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D Expenditure
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.SAMSUNG ELECTRONICS CO. LTD.

8.2.1.Company overview
8.2.2.Operating business segments
8.2.3.Product portfolio
8.2.4.R&D Expenditure
8.2.5.Business performance

8.3.Dorma+kaba Holdings AG.

8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D Expenditure
8.3.7.Business performance
8.3.8.Key strategic moves and developments

8.4.Godrej & Boyce manufacturing Company Ltd

8.4.1.Company overview
8.4.2.Key Executives
8.4.3.Company snapshot
8.4.4.Product portfolio
8.4.5.Business performance

8.5.HONEYWELL INTERNATIONAL INC.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.R&D Expenditure
8.5.6.Business performance

8.6.Allegion plc

8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D Expenditure
8.6.7.Business performance

8.7.Spectrum Brands, Inc.

8.7.1.Company overview
8.7.2.Key Executives
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D Expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments

8.8.MIWA Lock Co.

8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.Key strategic moves and developments

8.9.OJMAR, S.A

8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio

8.10.Hettich Holding GmbH & Co. oHG

8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL RFID LOCKS MARKET, BY ACCESS DEVICE, 2019-2027 ($MILLION)
TABLE 02.RFID LOCKS MARKET FOR KEY CARDS, BY REGION, 2019-2027 ($MILLION)
TABLE 03.RFID LOCKS MARKET FOR MOBILE PHONE, BY REGION, 2019-2027 ($MILLION)
TABLE 04.RFID LOCKS MARKET FOR WEARABLES, BY REGION, 2019-2027 ($MILLION)
TABLE 05.GLOBAL RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 06.RFID LOCKS MARKET FOR RESIDENTIAL, BY REGION, 2019-2027 ($MILLION)
TABLE 07.RFID LOCKS MARKET FOR HOSPITALITY, BY REGION, 2019-2027 ($MILLION)
TABLE 08.RFID LOCKS MARKET FOR AUTOMOTIVE, BY REGION, 2019-2027 ($MILLION)
TABLE 09.RFID LOCKS MARKET FOR GOVERNMENT, BY REGION, 2019-2027 ($MILLION)
TABLE 10.RFID LOCKS MARKET FOR RETAIL, BY REGION, 2019-2027 ($MILLION)
TABLE 11.RFID LOCKS MARKET FOR BFSI, BY REGION, 2019-2027 ($MILLION)
TABLE 12.RFID LOCKS MARKET FOR OTHER, BY REGION, 2019-2027 ($MILLION)
TABLE 13.RFID LOCKS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA RFID LOCKS MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 16.U.S. RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 17.U.S. RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 18.CANADA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 19.CANADA RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 20.MEXICO RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 21.MEXICO RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 22.EUROPE RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 23.EUROPE RFID LOCKS MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 24.GERMANY RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 25.GERMANY RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 26.UK RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 27.UK RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 28.FRANCE RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 29.FRANCE RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 30.REST OF EUROPE RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 31.REST OF EUROPE RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 32.ASIA-PACIFIC RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 33.ASIA-PACIFIC RFID LOCKS MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 34.CHINA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 35.CHINA RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 36.JAPAN RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 37.JAPAN RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 38.SOUTH KOREA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 39.SOUTH KOREA RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 40.INDIA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 41.INDIA RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 42.REST OF ASIA-PACIFIC RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 43.REST OF ASIA-PACIFIC RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 44.NORTH AMERICA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 45.NORTH AMERICA RFID LOCKS MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 46.LATIN AMERICA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 47.LATIN AMERICA RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 48.MIDDLE EAST RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 49.MIDDLE EAST RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 50.AFRICA RFID LOCKS MARKET, BY ACCESS DEVICE, 2019–2027 ($MILLION)
TABLE 51.AFRICA RFID LOCKS MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 52.ASSA ABLOY: KEY EXECUTIVES
TABLE 53.ASSA ABLOY: COMPANY SNAPSHOT
TABLE 54.ASSA ABLOY: OPERATING SEGMENTS
TABLE 55.ASSA ABLOY: PRODUCT PORTFOLIO
TABLE 56.ASSA ABLOY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 57.SAMSUNG ELECTRONICS CO. LTD.: COMPANY SNAPSHOT
TABLE 58.SAMSUNG ELECTRONICS CO. LTD.: OPERATING SEGMENTS
TABLE 59.SAMSUNG ELECTRONICS CO. LTD.: PRODUCT PORTFOLIO
TABLE 60.DORMAKABA: KEY EXECUTIVES
TABLE 61.DORMAKABA: COMPANY SNAPSHOT
TABLE 62.DORMAKABA: OPERATING SEGMENTS
TABLE 63.DORMAKABA: PRODUCT PORTFOLIO
TABLE 64.DORMAKABA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 65.GODREJ & BOYCE: KEY EXECUTIVES
TABLE 66.GODREJ & BOYCE: COMPANY SNAPSHOT
TABLE 67.GODREJ & BOYCE: PRODUCT PORTFOLIO
TABLE 68.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 69.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 70.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 71.ALLEGION PLC: KEY EXECUTIVES
TABLE 72.ALLEGION PLC: COMPANY SNAPSHOT
TABLE 73.ALLEGION PLC: OPERATING SEGMENTS
TABLE 74.ALLEGION PLC: PRODUCT PORTFOLIO
TABLE 75.SPECTRUM BRANDS: KEY EXECUTIVES
TABLE 76.SPECTRUM BRANDS: COMPANY SNAPSHOT
TABLE 77.SPECTRUM BRANDS: OPERATING SEGMENTS
TABLE 78.SPECTRUM BRANDS: PRODUCT PORTFOLIO
TABLE 79.SPECTRUM BRANDS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 80.MIWA LOCK CO.: KEY EXECUTIVES
TABLE 81.MIWA LOCK CO.: COMPANY SNAPSHOT
TABLE 82.MIWA LOCK CO.: OPERATING SEGMENTS
TABLE 83.MIWA LOCK CO.: PRODUCT PORTFOLIO
TABLE 84.MIWA LOCK CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.OJMAR, S.A: KEY EXECUTIVES
TABLE 86.OJMAR, S.A: COMPANY SNAPSHOT
TABLE 87.OJMAR, S.A: OPERATING SEGMENTS
TABLE 88.OJMAR, S.A: PRODUCT PORTFOLIO
TABLE 89.HETTICH HOLDINGS: KEY EXECUTIVES
TABLE 90.HETTICH HOLDINGS: COMPANY SNAPSHOT
TABLE 91.HETTICH HOLDINGS: OPERATING SEGMENTS
TABLE 92.HETTICH HOLDINGS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL RFID LOCKS MARKET SNAPSHOT, BY SEGMENTATION
FIGURE 03.RFID LOCKS MARKET SNAPSHOT, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 10.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.GLOBAL RFID LOCKS MARKET, BY ACCESS DEVICE, 2019-2027
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR KEY CARDS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR MOBILE PHONE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR WEARABLES, BY COUNTRY,  2019 & 2027 (%)
FIGURE 17.GLOBAL RFID LOCKS MARKET, BY END USE, 2019-2027
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR RESIDENTIAL, BY COUNTRY, 2019 & 2027(%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR HOSPITALITY, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR AUTOMOTIVE, BY COUNTRY,  2019 & 2027(%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR GOVERNMENT, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR RETAIL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR BFSI, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF RFID LOCKS MARKET FOR OTHER, BY COUNTRY,  2019 & 2027(%)
FIGURE 25.RFID LOCKS MARKET, BY REGION, 2019-2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA RFID LOCKS MARKET, BY COUNTRY,  2019–2027 (%)
FIGURE 27.U.S. RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 28.CANADA RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 29.MEXICO RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF EUROPE RFID LOCKS MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 31.GERMANY RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 32.UK RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 33.FRANCE RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 34.REST OF EUROPE RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC RFID LOCKS MARKET, BY COUNTRY,  2019–2027 (%)
FIGURE 36.CHINA RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 37.JAPAN RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 38.SOUTH KOREA RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 39.INDIA RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 41.COMPARATIVE SHARE ANALYSIS OF LAMEA RFID LOCKS MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 42.LATIN AMERICA RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 43.MIDDLE EAST RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 44.AFRICA RFID LOCKS MARKET, 2019–2027 ($MILLION)
FIGURE 45.MARKET PLAYER POSITIONING, 2020
FIGURE 46.COMPETITIVE DASHBOARD
FIGURE 47.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 48.ASSA ABLOY, 2017–2019 ($MILLION)
FIGURE 49.ASSA ABLOY: REVENUE, 2017–2019 ($MILLION)
FIGURE 50.ASSA ABLOY: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 51.ASSA ABLOY: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 52.R&D EXPENDITURE, 2017–2019($MILLION)
FIGURE 53.SAMSUNG ELECTRONICS CO. LTD.: NET SALES, 2017–2019($MILLION)
FIGURE 54.SAMSUNG ELECTRONICS CO. LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 55.SAMSUNG ELECTRONICS CO. LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 56.DORMAKABA, 2017–2019 ($MILLION)
FIGURE 57.DORMAKABA: REVENUE, 2018–2020 ($MILLION)
FIGURE 58.DORMAKABA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59.GODREJ & BOYCE: REVENUE, 2018–2020 ($MILLION)
FIGURE 60.GODREJ & BOYCE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 61.HONEYWELL INTERNATIONAL INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 62.HONEYWELL INTERNATIONAL INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 63.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 64.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 65.ALLEGION PLC, 2017–2019 ($MILLION)
FIGURE 66.ALLEGION PLC: REVENUE, 2018–2020 ($MILLION)
FIGURE 67.ALLEGION PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.SPECTRUM BRANDS 2017–2019 ($MILLION)
FIGURE 69.SPECTRUM BRANDS: REVENUE, 2017–2019 ($MILLION)
FIGURE 70.SPECTRUM BRANDS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 71.SPECTRUM BRANDS: REVENUE SHARE BY REGION, 2019 (%)

 
 

The high usage of RFID locks in commercial and government sectors, high adoption of smartphones, and high demand for access control systems with near field communication (NFC) drive the growth of the RFID locks market globally. Conversely, high development of smart home is expected to create lucrative opportunities for the RFID locks market.  

The RFID locks technology is extensively used in the hospitality and residential industry to provide safety & security. The high usage of smartphone and the penetration of its numerous features in day-to-day activity are providing lucrative opportunities for the RFID locks market growth. In addition, rising adoption of smart home architecture across the globe that includes features, such as remote access, voice control, and seamless connectivity, is further boosting the adoption of RFID locks for the residential sector.

The report focuses on the growth prospects, restraints, and trends of the RFID locks market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors, such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, in the RFID locks market. 
 

 
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