What is the size of the global RFID locks market?

The global RFID locks market size is expected to grow from USD 2,878.1 million in 2020 to USD 9,932.0 million by 2027.

What is the RFID locks market growth?

The global RFID locks market to grow at a CAGR of 19.4%, during the forecast period 2021 to 2027.

Which region accounted for the largest RFID locks market share?

North America 34.7% dominated the RFID locks market and accounted for the largest revenue share of over 40% in 2020.

Who are the key players in the RFID locks market?

The leading players of RFID locks in the global market include Godrej & Boyce Manufacturing Company Ltd, Assa Abloy Group, and Samsung Electronics Co Ltd, Honeywell International Inc., Dorma + kaba Holdings AG, Allegion plc, MIWA Lock Co., OJMAR, S.A., Spectrum Brands, Inc., and Hettich Holding GmbH & Co. oHG.

What are the factors driving the RFID locks market?

Key factors that are driving the RFID locks market growth include an increase in usage of RFID locks in the commercial and government sectors, growth in adoption of smartphones, rise in demand for access control systems with NFC, high development of smart home will increase the demand for RFID locks during the forecast period.

What is the size of the global RFID locks market?

The global RFID locks market size is expected to grow from USD 2,878.1 million in 2020 to USD 9,932.0 million by 2027.

What is the RFID locks market growth?

The global RFID locks market is to grow at a CAGR of 19.4%, during the forecast period 2021 to 2027.

Which region accounted for the largest RFID locks market share?

North America 34.7% dominated the RFID locks market and accounted for the largest revenue share of over 40% in 2020.

Who are the key players in the RFID locks market?

The leading players of RFID locks in the global market include Godrej & Boyce Manufacturing Company Ltd, Assa Abloy Group, and Samsung Electronics Co Ltd, Honeywell International Inc., Dorma + Kaba Holdings AG, Allegion plc, MIWA Lock Co., OJMAR, S.A., Spectrum Brands, Inc., and Hettich Holding GmbH & Co. oHG.

What are the factors driving the RFID locks market?

Key factors that are driving the RFID locks market growth include an increase in usage of RFID locks in the commercial and government sectors, growth in adoption of smartphones, rise in demand for access control systems with NFC, high development of smart home will increase the demand for RFID locks during the forecast period.

RFID Locks Market 2021

Industry Size, Regions, Emerging Trends, Growth Insights, Development Scenario, Opportunities, and Forecast By 2027

RFID Locks Market by Access Device (Key Cards, Mobile Phone, and Wearables), by End-Use (Residential, Hospitality, Automotive, Government, Retail, BFSI and Others), by Region – Global Share and Forecast to 2027

Region: Global | Format: Word, PPT, Excel | Report Status: Published

RFID Locks Market

RFID Locks Market 2021

RFID Locks Market by Access Device (Key Cards, Mobile Phone, and Wearables), by End-Use (Residential, Hospitality, Automotive, Government, Retail, BFSI and Others), by Region – Global Share and Forecast to 2027

RFID Locks Market by Access Device (Key Cards, Mobile Phone, and Wearables), by End-Use (Residential, Hospitality, Automotive, Government, Retail, BFSI and Others), by Region – Global Share and Forecast to 2027

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