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Smart locks are electronic keyless locks that communicate with other electronic equipment in the home through Wi-Fi or Bluetooth. The locks may be controlled using an electronic fob or by downloading a smart lock app to a smartphone.
The user can transmit temporary keys to others, granting them access to the house for a set period of time. Furthermore, when compared to traditional ways, smart lock technology is distinctive and simple to use. Prior to smart locks, ID codes, passwords, mechanical locks, code words, and paper slips were used, which were time-consuming to maintain and had a significant risk of data theft or loss.
Smart locks rely on Internet of Things connection to regulate the access and synchronise with the user’s smartphone. This feature distinguishes smart locks as innovative, dependable, and user-friendly, as well as bolstering their market presence.
The Global Automotive Smart Latch System Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Magna International Inc. has been named a finalist for the Automotive News PACE Awards for its SmartLatch electronic side-door latch system. SmartLatch revolutionises side-door latches by functioning entirely electrically, eliminating the need for wires, rods, and moving door handle.
The latch is used for the first time in the industry on the BMW i8, and it has been chosen by other major automakers for future vehicle programmes.
Significant weight savings compared to mechanical latches, a decreased number of components, the flexibility to be utilised in any type of automobile or truck, as well as increased safety, sound quality, and workmanship are among the key benefits of SmartLatch to Magna’s clients.
SmartLatch delivers an innovative, lower-cost door latching technology to worldwide automakers by eliminating lock rods, release cables, and handles.