Global Active Electronic Lock Market Growth 2023-2029

Global Active Electronic Lock Market Growth 2023-2029

The global Active Electronic Lock market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Active Electronic Lock is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Active Electronic Lock is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Active Electronic Lock is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Active Electronic Lock players cover Shengjiu Group, Gantner, BE-TECH, Shenzhen Kexin Communication Technology Co., Ltd., Honeywell International, Spectrum Brands, Assa Abloy, Cisco Systems and United Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Active electronic lock is an industrial lock that everyone is familiar with. It needs power supply (power supply or battery) to control the electronic circuit, and the electromagnet (or micro motor) and the lock body are used as the electromechanical safety device of the actuator. Through RFID card induction unlocking, face recognition, fingerprint recognition, password verification and other methods to unlock, active electronic locks have been widely used in all walks of life.

LPI (LP Information)' newest research report, the “Active Electronic Lock Industry Forecast” looks at past sales and reviews total world Active Electronic Lock sales in 2022, providing a comprehensive analysis by region and market sector of projected Active Electronic Lock sales for 2023 through 2029. With Active Electronic Lock sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Active Electronic Lock industry.

This Insight Report provides a comprehensive analysis of the global Active Electronic Lock landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Active Electronic Lock portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Active Electronic Lock market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Active Electronic Lock and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Active Electronic Lock.

This report presents a comprehensive overview, market shares, and growth opportunities of Active Electronic Lock market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Button Electronic Lock
Dial Electronic Lock
Touch Electronic Lock
Biometric Electronic Lock

Segmentation by application
Smart Home
Commercial Security
Intelligent Car
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shengjiu Group
Gantner
BE-TECH
Shenzhen Kexin Communication Technology Co., Ltd.
Honeywell International
Spectrum Brands
Assa Abloy
Cisco Systems
United Technologies
Salto Systems
Panasonic
Vanderbilt Industries
Kiekert Aktiengesellschaft
iLOQ
Kaba
CDV
DynaLock
LockState
Allegion
SimonsVoss
Videx Security
Seoul Commtech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Active Electronic Lock market?

What factors are driving Active Electronic Lock market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Active Electronic Lock market opportunities vary by end market size?

How does Active Electronic Lock break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.