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The Europe Digital Door Lock System Market would witness market growth of 31.3% CAGR during the forecast period (2017 - 2023). Digital door lock system is electronic operated physical access system which has gained popularity in recent years, due to growing concerns about the safety and security of the personal, private, and organizational assets. Europe was the leading regional market in 2016. Better living standards among the population in the region, increasing demand in the residential segment for security purposes, and rapid adoption of technology have contributed to the growth of the technology in the region. Based on Type, the market report segments the market into Biometric and Keypad Lock.
The Biometric Type is further segmented into Fingerprint Recognition, Voice Recognition, Face Recognition, Iris Recognition, Palm Recognition, Others. Keypad Lock includes Magnetic Strip & Electronic Strike Lock and Electromechanical Lock. Based on End User, the Digital Door Lock System market segments the market into Commercial, Government, Industrial, and Residential. Based on Countries, the Digital Door Lock System market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stakeholders of the Europe Digital Door Lock System Market. Key companies profiled in the report include Honeywell International Inc., Assa Abloy Group, Cisco Systems, Inc., United Technologies Corporation, Siemens AG, Panasonic Corporation, Nestwell Technologies, Vivint, Inc., Godrej Group (Godrej and Boyce), and Hanman International Pte Ltd.