Global RFID Locks Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

Description

List of Tables

The global demand for RFID Locks Market is presumed to reach the market size of nearly USD 28.06 BN by 2030 from USD 8.1 BN in 2022 with a CAGR of 16.8% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Million Units in 2022 and forecast to touch XX Million Units by 2030 with a CAGR of XX% during 2023-2030.

RFID locks, also known as radio frequency identification locks, are a type of electronic lock system that utilizes RFID technology for access control and security purposes. These locks rely on RFID tags or cards to grant authorized individuals access to locked areas or devices..

MARKET DYNAMICS:

The RFID locks market is witnessing a significant growth driven by several key factors. Firstly, the increasing need for enhanced security solutions in the face of rising security concerns is propelling its adoption. Compared to traditional locks, these locks provide a heightened level of security due to the difficulty in duplicating or forging RFID tags or cards. This added layer of security ensures that unauthorized access is significantly minimized, enhancing overall protection. Secondly, the convenience and efficiency provided by these locks contribute to their popularity. Users can easily access locked areas or devices by presenting their RFID cards or tags, eliminating the need for physical keys. This convenience is particularly beneficial in environments with high foot traffic or frequent access requirements. Cost savings are also driving the market, as RFID locks minimize expenses associated with lost or stolen credentials compared to traditional lock systems. Technological advancements in RFID technology have improved performance and capabilities, making the locks more accessible and efficient. Compliance requirements in various industries and the integration of RFID locks with IoT and smart building solutions further fuel the market growth. Its increasing adoption across multiple industries, including commercial buildings, hotels, healthcare facilities, and educational institutions, contributes to the overall market expansion.

The covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of rfid locks. The growth and trends of RFID Locks Industry provide a holistic approach to this study.

MARKET SEGMENTATION:

This section of the rfid locks market provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Access Device

Key Cards
Mobile Phones
Wearables
Key Fobs
Others (Biometric, Etc.)

By Frequency

Low Frequency
High Frequency
Ultra-High Frequency

By End-Use

Residential
Hospitality
Retail
Automotive
BFSI
Others (Transport & Logistics, Etc.)

By Distribution Channel

Online (E-Commerce Websites, Company Owned Websites)
Offline (Specialty Stores, Multi-Brand Stores, Other Retail Stores)

REGIONAL ANALYSIS:

This section covers the regional outlook, which accentuates current and future demand for the RFID Locks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the rfid locks market include Assa Abloy AB, Samsung Electronics Co.Ltd., Godrej & Boyce Manufacturing Company, Honeywell International Inc., Nestwell Technologies, MIWA Lock Company Ltd., Euro Locks SA NV, Dormakaba Groups, Onity Inc., SenseOn. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112111382

1 . PREFACE

1.1. Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . RFID LOCKS - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Access Device
- 3.7.2 Market Attractiveness Analysis By Frequency
- 3.7.3 Market Attractiveness Analysis By End-use
- 3.7.4 Market Attractiveness Analysis By Distribution Channel
- 3.7.5 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL RFID LOCKS MARKET ANALYSIS BY ACCESS DEVICE

5.1 Overview by Access Device
5.2 Historical and Forecast Data
5.3 Analysis by Access Device
5.4 Key Cards Historic and Forecast Sales by Regions
5.5 Mobile Phones Historic and Forecast Sales by Regions
5.6 Wearables Historic and Forecast Sales by Regions
5.7 Key Fobs Historic and Forecast Sales by Regions
5.8 Others (Biometric, Etc.) Historic and Forecast Sales by Regions

6 . GLOBAL RFID LOCKS MARKET ANALYSIS BY FREQUENCY

6.1 Overview by Frequency
6.2 Historical and Forecast Data
6.3 Analysis by Frequency
6.4 Low Frequency Historic and Forecast Sales by Regions
6.5 High Frequency Historic and Forecast Sales by Regions
6.6 Ultra-high Frequency Historic and Forecast Sales by Regions

7 . GLOBAL RFID LOCKS MARKET ANALYSIS BY END-USE

7.1 Overview by End-use
7.2 Historical and Forecast Data
7.3 Analysis by End-use
7.4 Residential Historic and Forecast Sales by Regions
7.5 Hospitality Historic and Forecast Sales by Regions
7.6 Retail Historic and Forecast Sales by Regions
7.7 Automotive Historic and Forecast Sales by Regions
7.8 BFSI Historic and Forecast Sales by Regions
7.9 Others (Transport & Logistics, Etc.) Historic and Forecast Sales by Regions

8 . GLOBAL RFID LOCKS MARKET ANALYSIS BY DISTRIBUTION CHANNEL

8.1 Overview by Distribution Channel
8.2 Historical and Forecast Data
8.3 Analysis by Distribution Channel
8.4 Online (E-commerce Websites, Company Owned Websites) Historic and Forecast Sales by Regions
8.5 Offline (Specialty Stores, Multi-Brand Stores, Other Retail Stores) Historic and Forecast Sales by Regions

9 . GLOBAL RFID LOCKS MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis

10 . COMPETITIVE LANDSCAPE OF THE RFID LOCKS COMPANIES

10.1. Rfid Locks Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11 . COMPANY PROFILES OF RFID LOCKS INDUSTRY

11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Assa Abloy AB
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
11.4. Samsung Electronics Co.Ltd.
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
11.5. Godrej & Boyce Manufacturing Company
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
11.6. Honeywell International Inc.
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
11.7. Nestwell Technologies
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
11.8. MIWA Lock Company Ltd.
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
11.9. Euro Locks SA NV
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
11.10. Dormakaba Groups
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
11.11. Onity Inc.
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments
11.12. SenseOn
- 11.12.1. Company Overview
- 11.12.2. Company Revenue
- 11.12.3. Products
- 11.12.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies