Latin America, Middle East and Africa Smart Locks Market is expected to register a CAGR of 22% during the forecast period (2017-2023)- KBV Research

According to a new report LAMEA Smart Locks Market, published by KBV Research, the LAMEA Smart Locks Market is expected to register a CAGR of 22% during the forecast period (2017-2023).

The Deadbolts market dominated the LAMEA Smart Locks Market by Product Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 21.4 % during the forecast period. The Lever Handles market is expected to witness a CAGR of 22.9% during (2017 - 2023). Additionally, The Padlocks market is expected to witness a CAGR of 22.9% during (2017-2023).

The Commercial market dominated the UAE Smart Locks Market by End User in 2016, and would continue to be a dominant market till 2023; thereby, achieving a market value of $15.2 million during the forecast period.

The Brazil market dominated the LAMEA Wi-Fi Smart Locks by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 23.2 % during the forecast period. The UAE market is expected to witness a CAGR of 22.5% during (2017-2023). Additionally, The South Africa market is expected to witness a CAGR of 23.1% during (2017-2023).

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the Latin America, Middle East & Africa Smart Locks have been discussed in the report along with the elaborated company profiles of Honeywell International, Inc., Panasonic Corporation, Samsung Electronics Co. Ltd., Assa Abloy AB, Unikey Technologies Inc., HRG Group (Spectrum Brands, Inc.), Vivint, Inc., and Allegion (Schlage).

Full Report: https://www.kbvresearch.com/lamea-smart-locks-market/

LAMEA Smart Locks Market Segmentation

By End Users

• Commercial
• Residential

By Technologies

• Bluetooth
• Wi-Fi

By Product Types

• Deadbolts
• Lever Handles
• Padlocks
• Others

By Countries

• Brazil Smart Locks Market
• Argentina Smart Locks Market
• UAE Smart Locks Market
• Saudi Arabia Smart Locks Market
• South Africa Smart Locks Market
• Nigeria Smart Locks Market
• Rest of Latin America, Middle East & Africa Smart Locks Market

Companies Profiled

• Honeywell International, Inc.
• Panasonic Corporation
• Samsung Electronics Co. Ltd.
• Assa Abloy AB
• Unikey Technologies Inc.
• HRG Group (Spectrum Brands, Inc.)
• Vivint, Inc.
• Allegion (Schlage)

Related Reports:

Global Smart Locks Market

North America Smart Locks Market

Europe Smart Locks Market

Asia Pacific Smart Locks Market