What is Card Intelligent Lock?
A Playing Card A keycard, a flat, rectangular plastic card, is used to activate an intelligent lock. The card is often, but not always, the same size as a credit card or an American or European driver's licence. Before disengaging the lock, the card stores a physical or digital sample that the door mechanism accepts. There are a lot of frequent types of keycards in usage, inclusive of the mechanical holecard, barcode, magnetic stripe, Wiegand wire embedded cards, intelligent card, RFID, and NFC proximity cards. Keycard structures work by physically adjusting detainers in the locking mechanism when the card is inserted, by shining LEDs through a sample of holes in the card and sensing the result, and by swiping or inserting a card.
The market study is broken down by Type (Magnetic card Lock, IC card Lock, Induction card and TM Card) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Card Intelligent Lock market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
KEYLOCK (United States), Yale (United States), Tenon (United States), KAADAS (China), BE-TECH (China), Tri-circle (United States), Dessmann (Germany), Bangpai (United States), ZKTeco (China) and Schlage (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ARCHIE (United States), YGS (United States) and Gaoli Lock (China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Card Intelligent Lock market by Type, Application and Region.
On the basis of geography, the market of Card Intelligent Lock has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Commercial will boost the Card Intelligent Lock market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Door Type, the sub-segment i.e. Wood Door will boost the Card Intelligent Lock market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2020, Onity is part of Carrier Global Corporation a leading global provider of healthy, safe and sustainable building and cold chain solutions. Onity, a global leader in electronic access solutions, is announcing Serene™, an all-in-one minimalist lock designed for aesthetically-minded, high-end hotels. This small-form-factor lock combines both elegant design and leading-edge DirectKey™ mobile access technology.
Market Trend
- Rapid Urbanization
- Rising Adoption of IoT in Door Safety and Security Solutions
Market Drivers
- Increasing demand for Card Intelligent Lock owning to the Hotel, Business Places, Home Applications
Opportunities
- Increase in the Number of Smartphones
- Growing Popularity of Smart Technology
- Rising adoption of Card Intelligent Locks in Commercial and Government Sectors
Restraints
- Electric RFID Systems may malfunction during Power Outages
- Installation Cost is high
- Risk of Cyber Attacks
Key Target Audience
Card Intelligent Lock Manufacturers, Card Intelligent Lock Distributors and Suppliers, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.