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According to a new report published by KBV research, the North America RFID Locks Market Size would witness a market growth of 14.8% CAGR during the forecast period.
The US market dominated the North America Key Cards RFID Locks Market by Country in 2017, and growing at a CAGR of 13.4 % during the forecast period. The Canada market is expected to witness a CAGR of 16.8% during (2018 - 2024). Additionally, The Mexico market is expected to witness a CAGR of 15.7% during (2018-2024).
The Hospitality market dominated the Canada RFID Locks Market by Application in 2017, thereby, achieving a market value of $180 million by 2024. The Automotive & Manufacturing market is expected to witness a CAGR of 17.8% during (2018-2024). Additionally, The Residential market is expected to witness highest CAGR of 19.5% 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 North America 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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