GLOBAL ELECTRONIC DOOR LOCK CYLINDER MARKET

INTRODUCTION

Keys can be replaced with electronic door locks, and they can also be used to add more home automation capabilities like remote locking and unlocking.

Numerous cutting-edge security companies offer electronic door locks for houses and organisations, despite the fact that they are most frequently seen on automobiles. Any form of door lock has a latch or bolt that spans the gap between the door's side and the doorframe to bar entry.

The door can close when closed with a "spring bolt," which is held in place by springs, or with a more secure "dead bolt," which remains in place until manually unlocked. Locking and unlocking are accomplished in both situations by rotating the visible component to move the bolt or latch.

The "pin and tumbler" system, which holds the lock cylinder in place with a row of tiny metal pins, each of which has an upper and lower half, is a common technique used in traditional key locks.

The uneven "serrated" edge makes sure that each pin is moved a specific amount when a key is inserted and rotated. Only until all of the pins have been moved just enough to separate their upper and lower halves in a straight line can the cylinder be spun.

Additionally, "actuators" are used in electronic door locks to link the bolt or cylinder to a tiny motor that is entirely concealed inside the door or frame.Each locking technique has benefits and drawbacks.

Numerical key codes can be forgotten, whereas physical keys, such as metal keys, key cards, or handheld remote controls, might be lost or damaged (or learned and memorised by the wrong person). When necessary, the user can quickly and simply change key codes, but changing actual locks and keys is far more complicated and calls for specific gear and knowledge.

GLOBAL ELECTRONIC DOOR LOCK CYLINDER MARKET SIZE AND FORECAST

The Global Electronic door lock cylinder market accountedfor $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

RECENT DEVELOPMENT 

The brand's most affordable smart door lock, the Xiaomi Smart Door Lock E10, has been introduced in China and is currently up for pre-order.

Prior to the start of full sales, the Smart Door Lock E10 will be available for pre-order. A smart doorbell that can be heard from both the inner and outer panels is integrated into the smart door lock. The three-proof smart lock body of the Xiaomi Smart Door Lock E10 contains an integrated clutch.

For increased security, its in-line C-level lock cylinder goes through the lock body structure. Even after removing the outer panel, it can still successfully stop an external force from opening the door.

The lock can be opened using a variety of methods. There are also Xiaomi watches and Xiaomi wristbands, as well as fingerprint, passwords, cycle/one-time passwords, NFC, and Bluetooth keys.

The MIJIA app and Xiaomi's smart ecological connectivity are supported by the Xiaomi Smart Door Lock E10. It can establish Bluetooth connections with a variety of Xiaomi smart home ecosystem components. You can set the smart curtains, lighting, and other devices to open as soon as the door is unlocked. When pressed, the arm button switches off the smart home equipment.

The smart lock can operate for up to a year on just four AAA batteries. For emergency door unlocking when the batteries run out, the gadget can be immediately linked by USB-C.

COMPANY PROFILE

• Xiaomi
• Secured Engineers (p) Ltd.
• Schlage Electronic 
• Ningbo Wangtong Locks Co., Ltd
• ABB

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How manyElectronic door lock cylindersare manufactured per annum globally? Who are the sub-component suppliers in different regions?

2. Cost breakup of a GlobalElectronic door lock cylinderand key vendor selection criteria

3. Where are theElectronic door lock cylindersmanufactured? What is the average margin per unit?

4. Market share of GlobalElectronic door lock cylindermarketmanufacturers and their upcoming products

5. Cost advantage for OEMs who manufacture Global Electronic door lock cylinder in-house

6. 5 key predictions for next 5 years in GlobalElectronic door lock cylindermarket

7. Average B-2-B Electronic door lock cylindermarket price in all segments

8. Latest trends inElectronic door lock cylindermarket, by every market segment

9. The market size (both volume and value) of theElectronic door lock cylindermarket in 2022-2030 and every year in between?

10.  Production breakup ofElectronic door lock cylindermarket, by suppliers and their OEM relationship