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According to a new report published by KBV research, the Europe RFID Locks Market Size would witness a market growth of 15.2% CAGR during the forecast period.
The Germany market dominated the Europe Mobile Phone & Others RFID Locks Market by Country in 2017, growing at a CAGR of 14.7 % during the forecast period. The UK market is expected to witness a CAGR of 15.1% during (2018 - 2024). Additionally, The France market is expected to witness a CAGR of 17% during (2018 - 2024).
The Hospitality market dominated the France RFID Locks Market by Application in 2017, thereby, achieving a market value of $162.3 million by 2024. The Automotive & Manufacturing market is expected to witness a CAGR of 16.3% during (2018 - 2024). Additionally, The Residential market is expected to witness highest CAGR of 18% during (2018 - 2024).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Europe RFID Locks Market have been discussed in the report with the elaborated company profiles of Samsung Electronics Co. Ltd, Nestwell Technologies, Honeywell International, Inc., Siemens AG, Assa Abloy Group, Dormakaba Holding AG, MIWA Lock Co, Dolphin RFID Pvt. Ltd., Salto Systems S.L. and Fortune Marketing Pvt Ltd.
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