Summary

Digital lock system can be integrated with other security systems, such as surveillance cameras or alarms. This integration enables a comprehensive security setup that can detect and respond to potential threats effectively. China has been witnessing rapid urbanization, with a significant number of people moving from rural areas to cities. Urbanization has led to increased demand for security solutions, including digital door locks, to protect homes, offices, and other properties. With a growing middle class and increasing disposable income, more consumers in China have the financial capacity to invest in advanced security systems, including digital door locks. Higher purchasing power has fueled the demand for premium and technologically advanced products. Online sales channels, including e-commerce platforms, have played a significant role in the distribution of digital lock systems in China. Many manufacturers and retailers operate through online platforms, providing a wide range of options and convenient purchasing experiences for consumers. China is known for its technological advancements and innovation. This contributes to the development of advanced digital lock systems with features like biometric authentication, wireless connectivity, and integration with smart home technologies. China's vast population and urbanization present a significant untapped market potential for digital lock systems. There is a considerable scope for market expansion and increased penetration into residential and commercial sectors.

According to the research report "China Digital lock system Market Overview, 2028," published by Bonafide Research, the China market was valued at USD 870 Million in 2022. The Chinese government has been supportive of smart city initiatives and the adoption of advanced security technologies, which creates a favorable environment for the digital lock systemmarket. The Chinese government's focus on smart city development and the promotion of advanced security technologies provides an opportunity for the digital lock systemmarket to flourish. With the increasing connectivity and data collection capabilities of digital lock systems, compliance with data privacy and cybersecurity regulations is crucial. Manufacturers need to ensure robust security measures to protect user data. The China digital lock system market offers a wide range of access types to cater to different preferences and security needs. The common access types available in the market Face, Fingerprint, Iris, Vein & Palm, Voice, Signature, Keypad Locks, Magnetic Strike, Electric Strike. The China digital lock system market also offers various other access types, including proximity cards, RFID (Radio Frequency Identification) cards or fobs, Bluetooth-enabled locks, and mobile app-based access control. In the China digital lock system market, the access type that is predominantly consumed is fingerprint recognition. Fingerprint recognition has gained widespread adoption and popularity in China for several reasons such as High Accuracy, Familiarity and Convenience, Cost-Effectiveness, Robustness and Durability, Speed and Convenience, Security and Privacy, Cultural Factors. The digital lock market in China is highly competitive, with both domestic and international players vying for market share. Local companies, such as Dahua Technology, Hikvision, and ZKTeco, have a strong presence. International brands, including Samsung, Assa Abloy, and Honeywell, also have a significant market presence.

In the China digital lock system market, digital locks are available in various lock types to suit different door configurations and applications. Some common lock types found in the market are Deadbolt, Padlock, Lever Handle. The China digital lock system market also includes a variety of other lock types to cater to specific requirements. This may include mortise locks, rim locks, cam locks, or specialized locks designed for specific applications or industries. In the China digital lock system market, the lock type that is predominantly used is the deadbolt lock. Deadbolt locks are widely used in both residential and commercial settings. These locks are installed separately from the door handle or knob and require manual operation to engage or disengage the lock. Digital deadbolt locks integrate electronic mechanisms for keyless entry, combining convenience with enhanced security. Deadbolt locks are widely adopted for both residential and commercial applications in China for several reasons such as Security, Versatility, Traditional Preference, Integration with Digital Technology.

The China digital lock system market caters to various end-user applications across different sectors. Digital lock systemare widely used in residential applications in China. Homeowners opt for these systems to enhance security and convenience. They provide keyless entry options for main entrance doors, interior doors, garages. The commercial sector in China extensively utilizes digital lock systems. These systems are installed in office buildings, retail stores, hotels, restaurants, and other commercial establishments. Digital lock systemfind applications in industrial and manufacturing facilities in China. These systems provide controlled access to sensitive areas, equipment rooms, server rooms, and storage areas. Government buildings, educational institutions, healthcare facilities, and other public institutions in China deploy digital lock systems for security and access control. These systems ensure authorized entry to restricted areas, administrative offices, classrooms, laboratories, and other critical areas within these institutions. The hospitality industry in China extensively uses digital lock systems in hotels, resorts, and other accommodation facilities. These systems offer keyless entry options for guest rooms, enhancing convenience for guests and providing a higher level of security compared to traditional key-based systems. In China, digital lock systems are utilized in transportation and logistics applications. These systems secure access points in warehouses, distribution centers, trucking terminals, and other logistics facilities, ensuring authorized personnel can enter and exit efficiently while maintaining a high level of security. Banks, financial institutions, and ATM areas in China employ digital lock systems to safeguard access to vaults, cash handling areas, server rooms, and other restricted areas. These systems provide enhanced security measures and help prevent unauthorized entry or tampering.

Considered in this report

• Geography: China
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• China Digital Lock System with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation


By End User

• Residential
• Hotels & Hospitals
• Commercial (including Hospitality)
• Industrial
• Government and Institutions
• Others (automotive, vacation rentals)

By Access Type

• Face
• Fingerprint
• Iris
• Vein & Palm
• Voice
• Signature
• Keypad Locks
• Magnatic Strike
• Electric Strike
• Other

By Lock Type

• Deadbolt
• Padlock
• Lever Handle
• Others



The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Digital Lock System industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. US Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. US Fruit & Vegetable Juice Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Types
6.3. Market Size and Forecast By Distribution Channel
7. US Fruit & Vegetable Juice Market Segmentations
7.1. US Fruit & Vegetable Juice Market, By Product Types
7.1.1. US Fruit & Vegetable Juice Market Size, By Fruit Juice, 2017-2028
7.1.2. US Fruit & Vegetable Juice Market Size, By Vegetable Juice, 2017-2028
7.1.3. US Fruit & Vegetable Juice Market Size, By Fruit and Vegetable Blend, 2017-2028
7.1.4. US Fruit & Vegetable Juice Market Size, By Nectar, 2017-2028
7.2. US Fruit & Vegetable Juice Market, By Distribution Channel
7.2.1. US Fruit & Vegetable Juice Market Size, By Supermarkets/Hypermarkets, 2017-2028
7.2.2. US Fruit & Vegetable Juice Market Size, By Convenience Stores, 2017-2028
7.2.3. US Fruit & Vegetable Juice Market Size, By Online, 2017-2028
7.2.4. US Fruit & Vegetable Juice Market Size, By Others (Cafes, Clubs, Restaurants, Etc.), 2017-2028
8. US Fruit & Vegetable Juice Market Opportunity Assessment
8.1. By Product Types, 2023 to 2028
8.2. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: US Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product Types
Figure 3: Market Attractiveness Index, By Distribution Channel
Figure 4: Porter's Five Forces of US Fruit & Vegetable Juice Market

List of Table
Table 1 : Influencing Factors for Global Fruit & Vegetable Juice Market, 2022
Table 2: US Fruit & Vegetable Juice Market Size and Forecast By Product Types (2017, 2022 & 2028F)
Table 3: US Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 4: US Fruit & Vegetable Juice Market Size of Fruit Juice (2017 to 2028) in USD Million
Table 5: US Fruit & Vegetable Juice Market Size of Vegetable Juice (2017 to 2028) in USD Million
Table 6: US Fruit & Vegetable Juice Market Size of Fruit and Vegetable Blend (2017 to 2028) in USD Million
Table 7: US Fruit & Vegetable Juice Market Size of Nectar (2017 to 2028) in USD Million
Table 8: US Fruit & Vegetable Juice Market Size of Supermarkets/Hypermarkets (2017 to 2028) in USD Million
Table 9: US Fruit & Vegetable Juice Market Size of Convenience Stores (2017 to 2028) in USD Million
Table 10: US Fruit & Vegetable Juice Market Size of Online (2017 to 2028) in USD Million
Table 11: US Fruit & Vegetable Juice Market Size of Others (Cafes, Clubs, Restaurants, Etc.) (2017 to 2028) in USD Million