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Ultra-low-power Microcontroller Market by Peripheral Device (Analog Devices and Digital Devices), Packaging Type (8-bit, 16-bit, and 32-bit), End-Use ...

Publisher:        MarketsandMarkets

# of Pages:        241

Rating: 

1 User License $4,950

Publication Date:  February, 2022

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1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 STUDY SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 ULTRA-LOW-POWER MICROCONTROLLER MARKET 34
1.3.2 GEOGRAPHIC SCOPE 35
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY 35
1.5 PACKAGE SIZE 36
1.6 LIMITATIONS 36
1.7 STAKEHOLDERS 36
1.8 SUMMARY OF CHANGES 36
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 2 ULTRA-LOW-POWER MICROCONTROLLER MARKET: RESEARCH DESIGN 38
2.1.1 SECONDARY AND PRIMARY RESEARCH 40
2.1.2 SECONDARY DATA 40
2.1.2.1 List of major secondary sources 41
2.1.2.2 Key data from secondary sources 41
2.1.3 PRIMARY DATA 42
2.1.3.1 Breakdown of primaries 42
2.1.3.2 Key data from primary sources 42
2.1.3.3 Primary expert interviews 43
2.1.3.4 Key industry insights 43
2.2 MARKET SIZE ESTIMATION 44
2.2.1 BOTTOM-UP APPROACH 44
2.2.1.1 Approach for capturing market size by bottom-up analysis 44
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 44
2.2.2 TOP-DOWN APPROACH 45
2.2.2.1 Approach for capturing market size by top-down analysis 45
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 45
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY SIDE-APPROACH—REVENUE GENERATED FROM ULTRA-LOW-POWER MICROCONTROLLERS 46
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 47
FIGURE 6 DATA TRIANGULATION 47
2.4 RESEARCH ASSUMPTIONS 48
3 EXECUTIVE SUMMARY 49
3.1 GROWTH RATE ASSUMPTIONS/GROWTH FORECASTS 49
FIGURE 7 ULTRA-LOW-POWER MICROCONTROLLER MARKET, 2018–2027 50
FIGURE 8 IMPACT OF COVID-19 ON ULTRA-LOW POWER MICROCONTROLLER MARKET 51
3.2 PRE-COVID-19 SCENARIO 51
TABLE 1 PRE-COVID-19 SCENARIO: ULTRA-LOW-POWER MICROCONTROLLER MARKET, IN TERMS OF VALUE, 2016–2018 (USD MILLION) 51
TABLE 2 PRE-COVID-19 SCENARIO: ULTRA-LOW POWER MICROCONTROLLER MARKET, IN TERMS OF VALUE, 2019–2024 (USD MILLION) 51
3.3 POST-COVID-19 SCENARIO 51
TABLE 3 POST-COVID-19 SCENARIO: ULTRA-LOW POWER MICROCONTROLLER MARKET, IN TERMS OF VALUE, 2018–2021 (USD MILLION) 51
TABLE 4 POST-COVID-19 SCENARIO: ULTRA-LOW POWER MICROCONTROLLER MARKET, IN TERMS OF VALUE, 2022–2027 (USD MILLION) 52
FIGURE 9 DIGITAL DEVICES SEGMENT PROJECTED TO COMMAND LARGER SIZE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET FROM 2022 TO 2027 52
FIGURE 10 32-BIT ULTRA-LOW-POWER MICROCONTROLLERS PROJECTED TO DOMINATE MARKET FROM 2022 TO 2027 53
FIGURE 11 CONSUMER ELECTRONICS SEGMENT PROJECTED TO ACCOUNT FOR LARGEST SIZE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET FROM
2022 TO 2027 53
FIGURE 12 APAC ACCOUNTED FOR LARGEST SHARE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN 2021 54
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN ULTRA-LOW-POWER MICROCONTROLLER MARKET 56
FIGURE 13 GROWTH IN CONSUMER ELECTRONICS AND AUTOMOTIVE END-USE APPLICATIONS ARE EXPECTED TO BOOST ULTRA-LOW-POWER MICROCONTROLLER MARKET 56
4.2 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PACKAGING TYPE 56
FIGURE 14 32-BIT ULTRA-LOW-POWER MICROCONTROLLERS ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 56
4.3 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION 57
FIGURE 15 AUTOMOTIVE APPLICATION PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 57
4.4 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN APAC, BY END-USE APPLICATION AND COUNTRY 57
FIGURE 16 CONSUMER ELECTRONICS AND JAPAN ACCOUNTED FOR LARGEST SHARE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN APAC IN 2021 57
4.5 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY GEOGRAPHY 58
FIGURE 17 US ACCOUNTED FOR LARGEST SHARE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN 2021 58
 
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 59
FIGURE 18 ULTRA-LOW-POWER MICROCONTROLLER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 59
5.2.1 DRIVERS 60
5.2.1.1 Rising need for energy efficiency in consumer electronics 60
5.2.1.2 Increasing demand for smart home and building management applications 61
TABLE 5 AVERAGE ENERGY SAVING IN HOME AUTOMATION 61
5.2.1.3 Growth in vehicle electronics 61
FIGURE 19 AUTOMOTIVE ELECTRONICS AS TOTAL COST OF VEHICLE 62
5.2.1.4 Growing number of connected devices in IoT network 62
FIGURE 20 GLOBAL IOT CONNECTED DEVICES, 2015–2025 63
5.2.2 RESTRAINTS 64
5.2.2.1 Manufacturing complexities and unsuitability for power-critical applications 64
5.2.3 OPPORTUNITIES 64
5.2.3.1 Growing adoption of power electronics in EV industry 64
FIGURE 21 ELECTRIC VEHICLE SALES, 2015–2020 (MILLION UNITS) 65
5.2.3.2 Government policies and investments for IoT and semiconductors 65
TABLE 6 GOVERNMENT FUNDING PLANS FOR INTERNET OF THINGS 66
5.2.3.3 Green industrialization in developing economies 67
5.2.4 CHALLENGES 67
5.2.4.1 Lower penetration of ultra-low-power microcontrollers than high- and low-power microcontrollers 67
5.2.4.2 Curb in semiconductor manufacturing due to COVID-19 68
5.3 VALUE CHAIN ANALYSIS 68
FIGURE 22 ULTRA-LOW-POWER MICROCONTROLLER MARKET VALUE CHAIN IN 2021 68
5.4 PORTER’S FIVE FORCES ANALYSIS 69
TABLE 7 ULTRA-LOW-POWER MICROCONTROLLER MARKET: PORTER’S FIVE FORCES ANALYSIS 69
5.5 ECOSYSTEM ANALYSIS 71
FIGURE 23 ULTRA-LOW POWER MICROCONTROLLER MARKET ECOSYSTEMS 71
TABLE 8 ECOSYSTEM OF ULTRA-LOW-POWER MICROCONTROLLER MARKET 72
5.6 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ULTRA-LOW-POWER MICROCONTROLLER MARKET 73
FIGURE 24 APPLICATION OF ULTRA-LOW-POWER MICROCONTROLLERS, BY VERTICAL 73
5.7 CASE STUDY ANALYSIS 74
5.7.1 USE CASE: AMBIQ MICRO, INC. AND WINBOND ELECTRONICS CORPORATION 74
5.7.2 USE CASE: SIERRA WIRELESS AND STMICROELECTRONICS 74
5.7.3 USE CASE: STMICROELECTRONICS AND RENAULT GROUP 75
 
5.8 TECHNOLOGY ANALYSIS 75
5.8.1 COMPLEMENTARY TECHNOLGY 75
5.8.1.1 Edge computing 75
5.8.2 ADJACENT TECHNOLGY 76
5.8.2.1 IIoT for smart manufacturing 76
5.9 PRICING ANALYSIS 76
FIGURE 25 ASP TREND OF ULTRA-LOW-POWER MICROCONTROLLER MODULES,
2018–2027 (USD) 76
TABLE 9 ASP RANGE OF ULTRA-LOW-POWER MICROCONTROLLERS, 2022 76
5.10 TRADE ANALYSIS 77
TABLE 10 EXPORTS DATA, BY COUNTRY, 2016–2020 (USD MILLION) 77
FIGURE 26 EXPORTS DATA FOR HS CODE 854231 FOR TOP COUNTRIES
(MILLION UNITS), 2016–2020 78
TABLE 11 IMPORTS DATA HS CODE 854231 FOR TOP COUNTRIES (USD MILLION), 2016–2020 78
FIGURE 27 IMPORTS DATA FOR HS CODE 854140 FOR TOP COUNTRIES
(MILLION UNITS), 2016–2020 79
5.11 PATENT ANALYSIS 80
FIGURE 28 PATENT ANALYSIS 2011-2021 80
TABLE 12 RELATED PATENTS 80
5.12 TARIFF AND REGULATORY LANDSCAPE 81
TABLE 13 TARIFF FOR ELECTRONIC INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS EXPORTED BY US, 2020 81
TABLE 14 TARIFF FOR ELECTRONIC INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS EXPORTED BY CHINA, 2020 82
TABLE 15 TARIFF FOR ELECTRONIC INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS EXPORTED BY GERMANY, 2020 82
5.12.1 REGULATORY LANDSCAPE 82
5.12.2 RESTRICTION OF HAZARDOUS SUBSTANCES (ROHS) AND WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT (WEEE) 83
5.12.3 REGISTRATION, EVALUATION, AUTHORIZATION, AND RESTRICTION OF CHEMICALS (REACH) 84
6 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PERIPHERAL DEVICE 85
6.1 INTRODUCTION 86
FIGURE 29 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PERIPHERAL DEVICE 86
TABLE 16 ULTRA-LOW-POWER MICROCONTROLLER MARKET, IN TERMS OF VALUE AND VOLUME, 2022–2027 86
FIGURE 30 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IS EXPECTED TO GROW AT HIGHER CAGR FROM 2022 TO 2027 87
TABLE 17 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PERIPHERAL DEVICE, 2022–2027 (USD MILLION) 87
 
6.2 ANALOG DEVICES 88
6.2.1 ANALOG DEVICES TO DOMINATE ULTRA-LOW-POWER MICROCONTROLLER MARKET DURING 2022–2027 88
TABLE 18 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES,
BY PACKAGING TYPE, 2022–2027 (USD MILLION) 88
TABLE 19 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES,
BY END-USE APPLICATION, 2022–2027 (USD MILLION) 89
TABLE 20 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES, BY END-USE APPLICATION, 2022–2027 (USD MILLION) 89
TABLE 21 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES, BY END-USE APPLICATION, 2022–2027 (USD MILLION) 90
TABLE 22 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES, BY END-USE APPLICATION, 2022–2027 (USD MILLION) 90
6.3 DIGITAL DEVICES 91
6.3.1 ULTRA-LOW-POWER MICROCONTROLLERS ARE IN DEMAND FOR DIGITAL APPLICATIONS 91
6.3.2 COMPANIES ARE INVESTING IN ULPM TO CAPITALIZE ON MARKET OPPORTUNITIES GENERATED FROM CONSUMER ELECTRONICS 91
TABLE 23 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES,
BY PACKAGING TYPE, 2022–2027 (USD MILLION) 91
TABLE 24 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES,
BY END-USE APPLICATION, 2022–2027 (USD MILLION) 92
TABLE 25 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES, BY END-USE APPLICATION, 2022–2027 (USD MILLION) 92
TABLE 26 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES, BY END-USE APPLICATION, 2022–2027 (USD MILLION) 93
TABLE 27 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES, BY END-USE APPLICATION, 2022–2027 (USD MILLION) 93
7 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PACKAGING TYPE 94
7.1 INTRODUCTION 95
FIGURE 31 ULTRA-LOW-POWER MICROCONTROLLER BY PACKAGING TYPE 95
FIGURE 32 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 95
TABLE 28 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 96
7.2 8-BIT PACKAGING 96
7.2.1 WHITE GOOD MANUFACTURERS ARE MAJOR USERS OF 8-BIT ULTRA-LOW-POWER MICROCONTROLLERS 96
TABLE 29 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 97
TABLE 30 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 97
TABLE 31 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 98
TABLE 32 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 98
TABLE 33 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 98
TABLE 34 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 98
TABLE 35 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS, BY PERIPHERAL DEVICE,
2018–2027 (USD MILLION) 99
TABLE 36 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 99
TABLE 37 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA AND ENTERTAINMENT, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 99
TABLE 38 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS
AND DATA CENTERS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 100
TABLE 39 8-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS,
BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 100
7.3 16-BIT PACKAGING 100
7.3.1 HIGHER PRECISION THAN THAT OF 8-BIT MICROCONTROLLERS ACCELERATES DEMAND FOR 16-BIT ULTRA-LOW-POWER MICROCONTROLLERS 100
TABLE 40 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 101
TABLE 41 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 101
TABLE 42 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 101
TABLE 43 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 102
TABLE 44 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 102
TABLE 45 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 102
TABLE 46 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS, BY PERIPHERAL DEVICE,
2018–2027 (USD MILLION) 103
TABLE 47 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA AND ENTERTAINMENT, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 103
TABLE 48 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 103
TABLE 49 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS
AND DATA CENTERS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 103
TABLE 50 16-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS,
BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 104
7.4 32-BIT PACKAGING 104
7.4.1 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET TO GROW AT HIGHEST GROWTH RATE DURING FORECAST PERIOD 104
7.4.2 32-BIT ULTRA-LOW-POWER MICROCONTROLLERS OFFER MORE MEMORY AND BETTER CONNECTIVITY FEATURES 104
TABLE 51 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 105
TABLE 52 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION, 2018–2027(USD MILLION) 105
TABLE 53 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 105
TABLE 54 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 106
TABLE 55 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 106
TABLE 56 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 106
TABLE 57 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS, BY PERIPHERAL DEVICE,
2018–2027 (USD MILLION) 107
TABLE 58 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 107
TABLE 59 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA AND ENTERTAINMENT, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 107
TABLE 60 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS
AND DATA CENTERS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 108
TABLE 61 32-BIT ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS,
BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 108
8 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION 109
8.1 INTRODUCTION 110
FIGURE 33 AUTOMOTIVE APPLICATION TO WITNESS HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET DURING FORECAST PERIOD 110
TABLE 62 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 111
8.2 CONSUMER ELECTRONICS 111
8.2.1 MARKET IN APAC FOR CONSUMER ELECTRONICS APPLICATION TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 111
8.2.2 VOICE RECOGNITION TECHNOLOGY IS CREATING OPPORTUNITIES FOR ULPM 112
8.2.3 HIGH DEMAND FOR LOW-POWER CONSUMPTION ELECTRONIC DEVICES IS PROPELLING MARKET GROWTH FOR CONSUMER ELECTRONICS 112
TABLE 63 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 113
TABLE 64 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 113
TABLE 65 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN CONSUMER ELECTRONICS, BY PACKAGING TYPE,
2018–2027 (USD MILLION) 113
TABLE 66 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN CONSUMER ELECTRONICS, BY PACKAGING TYPE,
2018–2027 (USD MILLION) 114
FIGURE 34 NORTH AMERICA HELD LARGEST SIZE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS IN 2022 114
TABLE 67 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2018–2027 (USD MILLION) 115
TABLE 68 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS IN NORTH AMERICA, BY COUNTRY,
2018–2027 (USD MILLION) 115
TABLE 69 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 115
TABLE 70 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 116
TABLE 71 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR CONSUMER ELECTRONICS IN ROW, BY REGION, 2018–2027 (USD MILLION) 116
8.3 MANUFACTURING 117
8.3.1 RISE IN ADOPTION OF ULPM FOR FACTORY AUTOMATION TO DRIVE
MARKET GROWTH 117
8.3.2 COMPANIES PAVING THEIR WAY TOWARD SEMICONDUCTOR ASSOCIATIONS FOR OPPORTUNITY GENERATION 117
TABLE 72 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING,
BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 117
TABLE 73 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 118
TABLE 74 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN MANUFACTURING, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 118
TABLE 75 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN MANUFACTURING, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 118
FIGURE 35 APAC DOMINATED ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING APPLICATIONS IN 2021 119
TABLE 76 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING,
BY REGION, 2018–2027 (USD MILLION) 119
TABLE 77 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING
IN NORTH AMERICA, BY COUNTRY, 2018–2027 (USD MILLION) 119
TABLE 78 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 120
TABLE 79 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 120
TABLE 80 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MANUFACTURING IN ROW, BY REGION, 2018–2027 (USD MILLION) 120
8.4 AUTOMOTIVE 121
8.4.1 RISE IN REQUIREMENT FOR BODY ELECTRONICS AND IN-VEHICLE CONNECTIVITY IN AUTOMOBILES IS BOOSTING DEMAND FOR ULTRA-LOW-POWER MICROCONTROLLERS 121
8.4.1.1 ULPMs are gaining traction in powertrain applications and OEMs are making their way toward it 121
TABLE 81 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE,
BY PERIPHERAL DEVICE,2018–2027 (USD MILLION) 122
TABLE 82 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE,
BY PACKAGING TYPE, 2018–2027 (USD MILLION) 122
TABLE 83 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN AUTOMOTIVE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 122
TABLE 84 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN AUTOMOTIVE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 123
FIGURE 36 APAC IS EXPECTED TO HOLD LARGEST SIZE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE APPLICATIONS IN 2027 123
TABLE 85 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE,
BY REGION, 2018–2027 (USD MILLION) 123
TABLE 86 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE
IN NORTH AMERICA, BY COUNTRY, 2018–2027 (USD MILLION) 124
TABLE 87 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 124
TABLE 88 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 124
TABLE 89 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AUTOMOTIVE IN ROW, BY REGION, 2018–2027 (USD MILLION) 125
8.5 HEALTHCARE 125
8.5.1 INCREASING ADOPTION OF IOT-ENABLED DEVICES IN HEALTHCARE SECTOR TO DRIVE DEMAND FOR ULPM DURING FORECAST PERIOD 125
8.5.2 HEALTHCARE DEVICES REGULATED BY FOOD AND DRUG ADMINISTRATION ARE FUELING DEMAND FOR ULPM 126
TABLE 90 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE,
BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 126
TABLE 91 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE,
BY PACKAGING TYPE, 2018–2027 (USD MILLION) 126
TABLE 92 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN HEALTHCARE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 127
TABLE 93 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN HEALTHCARE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 127
FIGURE 37 APAC EXPECTED TO WITNESS HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE DURING FORECAST PERIOD 127
TABLE 94 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE,
BY REGION, 2018–2027 (USD MILLION) 128
TABLE 95 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE IN NORTH AMERICA, BY COUNTRY, 2018–2027 (USD MILLION) 128
TABLE 96 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 128
TABLE 97 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 129
TABLE 98 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR HEALTHCARE IN ROW, BY REGION, 2018–2027 (USD MILLION) 129
8.6 TELECOMMUNICATIONS 129
8.6.1 SURGE IN DEMAND FOR COMMUNICATION DEVICES TO BOOST ULTRA-
LOW-POWER MICROCONTROLLER MARKET GROWTH 129
TABLE 99 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS, BY PERIPHERAL DEVICE,
2018–2027 (USD MILLION) 130
TABLE 100 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 130
TABLE 101 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN TELECOMMUNICATIONS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 131
TABLE 102 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN TELECOMMUNICATIONS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 131
FIGURE 38 APAC LIKELY TO RECORD HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS APPLICATION DURING FORECAST PERIOD 131
TABLE 103 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS, BY REGION, 2018–2027 (USD MILLION) 132
TABLE 104 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS IN NORTH AMERICA, BY COUNTRY,
2018–2027 (USD MILLION) 132
TABLE 105 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS IN EUROPE, BY COUNTRY,
2018–2027 (USD MILLION) 132
TABLE 106 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 133
TABLE 107 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR TELECOMMUNICATIONS IN ROW, BY REGION, 2018–2027 (USD MILLION) 133
8.7 AEROSPACE & DEFENSE 133
8.7.1 AEROSPACE AND DEFENSE TO WITNESS ACCELERATED DEMAND FOR ULTRA-LOW-POWER MICROCONTROLLERS DURING FORECAST PERIOD 133
8.7.2 COMPANIES ARE OFFERING HIGH-PERFORMANCE PROCESSING UNITS FOR HARSH ENVIRONMENTS 134
TABLE 108 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 134
TABLE 109 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 134
TABLE 110 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN AEROSPACE & DEFENSE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 135
TABLE 111 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN AEROSPACE & DEFENSE, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 135
FIGURE 39 EUROPE TO REGISTER HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE APPLICATIONS DURING FORECAST PERIOD 136
TABLE 112 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2018–2027 (USD MILLION) 136
TABLE 113 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA, BY COUNTRY, 2018–2027 (USD MILLION) 136
TABLE 114 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 137
TABLE 115 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 137
TABLE 116 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR AEROSPACE & DEFENSE IN ROW, BY REGION, 2018–2027 (USD MILLION) 137
8.8 MEDIA AND ENTERTAINMENT 138
8.8.1 EMERGENCE OF NEW TECHNOLOGIES IN MEDIA AND ENTERTAINMENT TO PROPEL ULTRA-LOW-POWER MICROCONTROLLER MARKET GROWTH DURING FORECAST PERIOD 138
TABLE 117 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 138
TABLE 118 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 139
TABLE 119 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN MEDIA & ENTERTAINMENT, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 139
TABLE 120 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN MEDIA & ENTERTAINMENT, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 139
FIGURE 40 APAC WOULD EXHIBIT HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT APPLICATIONS DURING FORECAST PERIOD 140
TABLE 121 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT, BY REGION, 2018–2027 (USD MILLION) 140
TABLE 122 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT IN NORTH AMERICA, BY COUNTRY,
2018–2027 (USD MILLION) 140
TABLE 123 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 141
TABLE 124 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 141
TABLE 125 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR MEDIA & ENTERTAINMENT IN ROW, BY REGION, 2018–2027 (USD MILLION) 141
8.9 SERVERS AND DATA CENTERS 142
8.9.1 INCREASED INTERENT TRAFFIC TO DRIVE DEMAND FOR ENERGY EFFICIENT SOLUTIONS IN DATA CENTERS THEREBY SURGING DEMAND FOR ULTRA-LOW-POWER MICROCONTROLLERS 142
TABLE 126 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS, BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 142
TABLE 127 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 143
TABLE 128 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN SERVERS & DATA CENTERS, BY PACKAGING TYPE,
2018–2027 (USD MILLION) 143
TABLE 129 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN SERVERS & DATA CENTERS, BY PACKAGING TYPE,
2018–2027 (USD MILLION) 143
FIGURE 41 APAC EXPECTED TO WITNESS HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS DURING FORECAST PERIOD 144
TABLE 130 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS, BY REGION, 2018–2027 (USD MILLION) 144
TABLE 131 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS IN NORTH AMERICA, BY COUNTRY, 2018–2027 (USD MILLION) 144
TABLE 132 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 145
TABLE 133 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS IN APAC, BY COUNTRY, 2018–2027 (USD MILLION) 145
TABLE 134 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR SERVERS & DATA CENTERS IN ROW, BY REGION, 2018–2027 (USD MILLION) 145
8.10 OTHERS 146
TABLE 135 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS,
BY PERIPHERAL DEVICE, 2018–2027 (USD MILLION) 146
TABLE 136 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS,
BY PACKAGING TYPE, 2018–2027 (USD MILLION) 147
TABLE 137 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR ANALOG DEVICES IN OTHERS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 147
TABLE 138 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR DIGITAL DEVICES IN OTHERS, BY PACKAGING TYPE, 2018–2027 (USD MILLION) 147
FIGURE 42 NORTH AMERICA TO REGISTER HIGHEST CAGR IN ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHER APPLICATIONS DURING
FORECAST PERIOD 148
TABLE 139 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS, BY REGION, 2018–2027 (USD MILLION) 148
TABLE 140 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS IN
NORTH AMERICA, BY COUNTRY, 2018–2027 (USD MILLION) 148
TABLE 141 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 149
TABLE 142 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS IN APAC,
BY COUNTRY, 2018–2027 (USD MILLION) 149
TABLE 143 ULTRA-LOW-POWER MICROCONTROLLER MARKET FOR OTHERS IN ROW,
BY REGION, 2018–2027 (USD MILLION) 149
9 GEOGRAPHIC ANALYSIS 151
9.1 INTRODUCTION 152
FIGURE 43 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 152
TABLE 144 ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY REGION,
2018–2027 (USD MILLION) 152
9.2 NORTH AMERICA 153
FIGURE 44 SNAPSHOT OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN
NORTH AMERICA 154
TABLE 145 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN NORTH AMERICA,
BY COUNTRY, 2018–2027 (USD MILLION) 154
FIGURE 45 AUTOMOTIVE APPLICATIONS TO EXHIBIT HIGHEST CAGR IN NORTH AMERICAN ULTRA-LOW-POWER MICROCONTROLLER MARKET, BY END-USE APPLICATION, FROM 2022 TO 2027 155
TABLE 146 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN NORTH AMERICA,
BY END-USE APPLICATION, 2018–2027 (USD MILLION) 155
9.2.1 US 156
9.2.1.1 US is dominating North American ULPM market due to technological leadership 156
TABLE 147 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN US, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 156
9.2.2 CANADA 158
9.2.2.1 Increased adoption of consumer electronics and high demand for connected devices are propelling Canadian market growth 158
TABLE 148 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN CANADA, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 158
9.2.3 MEXICO 159
9.2.3.1 Free trade agreements and cost-effective manufacturing in Mexico are driving demand for ULPM 159
TABLE 149 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN MEXICO, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 159
9.3 EUROPE 160
FIGURE 46 SNAPSHOT OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN EUROPE 161
TABLE 150 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN EUROPE, BY COUNTRY, 2018–2027 (USD MILLION) 161
TABLE 151 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN EUROPE, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 162
9.3.1 UK 162
9.3.1.1 Increasing use of ultra-low-power MCUs in medical devices to boost market growth in UK 162
TABLE 152 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN UK, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 163
9.3.2 GERMANY 163
9.3.2.1 Growing automotive sector and government policies in Germany to fuel demand for ultra-low-power microcontrollers 163
TABLE 153 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN GERMANY,
BY END-USE APPLICATION, 2018–2027 (USD MILLION) 164
9.3.3 FRANCE 164
9.3.3.1 Surging adoption of smart factory solutions in France to boost ultra-low-power MCU market growth 164
TABLE 154 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN FRANCE, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 165
9.3.4 ITALY 165
9.3.4.1 Rising demand for automotive and healthcare applications, such as EV electronics and patient monitoring, is expected to boost demand for ultra-low-power microcontrollers in country 165
TABLE 155 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN ITALY, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 166
9.3.5 REST OF EUROPE 166
9.4 ASIA PACIFIC 166
FIGURE 47 SNAPSHOT OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN ASIA PACIFIC 167
TABLE 156 ULTRA-LOW-POWER MICROCONTROLLER MARKET APAC, BY COUNTRY, 2018–2027 (USD MILLION) 168
TABLE 157 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN APAC, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 168
9.4.1 JAPAN 169
9.4.1.1 Growing investments in semiconductor manufacturing and automotive are contributing to growth of ultra-low-power microcontroller market in Japan 169
TABLE 158 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN JAPAN, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 170
9.4.2 CHINA 170
9.4.2.1 Increased demand for energy-efficient in-vehicle electronics and consumer electronics applications contributing to growing demand for ultra-low-power microcontrollers in China 170
TABLE 159 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN CHINA, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 171
 
9.4.3 SOUTH KOREA 171
9.4.3.1 Ultra-low-power microcontroller market growth in South Korea is driven by their growing adoption in consumer electronics 171
TABLE 160 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN SOUTH KOREA,
BY END-USE APPLICATION, 2018–2027 (USD MILLION) 172
9.4.4 INDIA 172
9.4.4.1 Government subsidies for EVs, servers and data centers, and consumer electronics applications contribute significantly to Indian market growth 172
TABLE 161 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN INDIA, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 173
9.4.5 AUSTRALIA 173
9.4.5.1 High adoption of IoT in Australia augmenting growth of ultra-low-power microcontroller market 173
TABLE 162 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN AUSTRALIA,
BY END-USE APPLICATION, 2018–2027 (USD MILLION) 174
9.4.6 REST OF APAC 174
9.5 ROW 174
9.5.1 SOUTH AMERICA LIKELY TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF ULTRA-LOW-POWER MICROCONTROLLER MARKET IN ROW IN COMING YEARS 174
TABLE 163 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN ROW, BY REGION, 2018–2027 (USD MILLION) 175
TABLE 164 ULTRA-LOW-POWER MICROCONTROLLER MARKET IN ROW, BY END-USE APPLICATION, 2018–2027 (USD MILLION) 175

Telecom Power System Market by grid type (On-Grid, Off-Grid, Bad grid), component, power source, Technology, (AC power system, DC power system), Power...

Publisher:        MarketsandMarkets

# of Pages:        230

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Publication Date:  March, 2022

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1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 MARKET DEFINITION 22
1.3 STUDY SCOPE 23
1.3.1 MARKET SEGMENTATION 23
FIGURE 1 TELECOM POWER SYSTEM MARKET SEGMENTATION 23
1.3.2 GEOGRAPHIC SCOPE 23
1.3.3 INCLUSIONS AND EXCLUSIONS 24
1.3.4 YEARS CONSIDERED 25
1.4 CURRENCY 25
1.5 STAKEHOLDERS 25
1.6 SUMMARY OF CHANGES 26
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
FIGURE 2 TELECOM POWER SYSTEM MARKET: RESEARCH DESIGN 27
2.1.1 SECONDARY DATA 28
2.1.1.1 Secondary sources 28
2.1.2 PRIMARY DATA 29
2.1.2.1 Primary interviews with experts 29
2.1.2.2 Breakdown of primary interviews 29
2.1.2.3 Key data from primary sources 30
2.1.2.4 Key industry insights 30
2.2 MARKET SIZE ESTIMATION 31
FIGURE 3 TELECOM POWER SYSTEM MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION 31
2.2.1 TOP-DOWN APPROACH 31
2.2.1.1 Approach for capturing market size by top-down analysis
(supply side) 32
FIGURE 4 TOP-DOWN APPROACH: MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 SUPPLY SIDE 32
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - SUPPLY SIDE 33
2.2.2 BOTTOM-UP APPROACH 34
2.2.2.1 Approach for capturing market share by bottom-up analysis
(demand side) 34
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - DEMAND SIDE 34
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 35
FIGURE 7 DATA TRIANGULATION 35
 
2.4 RESEARCH ASSUMPTIONS 36
TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY 36
2.5 LIMITATIONS 37
2.6 RISK FACTORS 37
3 EXECUTIVE SUMMARY 38
FIGURE 8 TELECOM POWER SYSTEM MARKET, 2018–2027 (USD BILLION) 39
3.1 TELECOM POWER SYSTEM MARKET SCENARIO 39
FIGURE 9 GROWTH PROJECTIONS FOR TELECOM POWER SYSTEM MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS 39
3.1.1 REALISTIC SCENARIO 40
3.1.2 PESSIMISTIC SCENARIO 40
3.1.3 OPTIMISTIC SCENARIO 40
FIGURE 10 BAD GRID SEGMENT TO HOLD LARGEST SHARE OF TELECOM POWER SYSTEM MARKET, BY GRID TYPE, DURING FORECAST PERIOD 40
FIGURE 11 INVERTERS TO REGISTER HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET, BY COMPONENT, DURING FORECAST PERIOD 41
FIGURE 12 DIESEL-BATTERY SEGMENT HELD LARGEST SHARE, BY POWER SOURCE,
OF TELECOM POWER SYSTEM MARKET IN 2021 41
FIGURE 13 APAC TO EXHIBIT HIGHEST CAGR IN GLOBAL TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 42
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES IN TELECOM POWER SYSTEM MARKET 43
FIGURE 14 INCREASING NUMBER OF TELECOM INFRASTRUCTURES IN REMOTE AREAS TO CREATE GROWTH OPPORTUNITIES FOR MARKET 43
4.2 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE 44
FIGURE 15 DIESEL-SOLAR POWER SOURCE TO WITNESS HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 44
4.3 TELECOM POWER SYSTEM MARKET, BY GRID TYPE 44
FIGURE 16 BAD-GRID SEGMENT HELD LARGEST SHARE OF TELECOM POWER SYSTEM MARKET IN 2021 44
4.4 TELECOM POWER SYSTEM MARKET, BY COMPONENT 45
FIGURE 17 INVERTER COMPONENT SEGMENT TO EXPERIENCE HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 45
4.5 COUNTRY-WISE TELECOM POWER SYSTEM MARKET GROWTH 46
FIGURE 18 TELECOM POWER SYSTEM MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47
5.2.1 DRIVERS 48
FIGURE 20 TELECOM POWER SYSTEM MARKET DRIVERS AND THEIR IMPACT 48
5.2.1.1 Increasing number of telecom infrastructures in remote areas 48
TABLE 2 4G TECHNOLOGY PENETRATION IN URBAN VS RURAL AREAS 49
5.2.1.2 Growing adoption of telecom services and high data traffic 49
FIGURE 21 MOBILE DATA TRAFFIC 2018–2022 49
TABLE 3 PENETRATION OF INDIVIDUALS USING INTERNET 50
5.2.1.3 Rising awareness about reducing carbon footprint from telecom power systems 50
5.2.2 RESTRAINTS 51
FIGURE 22 TELECOM POWER SYSTEM MARKET RESTRAINTS AND THEIR IMPACT 51
5.2.2.1 High deployment and operational costs 51
5.2.2.2 Environmental concerns due to usage of diesel 51
5.2.3 OPPORTUNITY 52
FIGURE 23 TELECOM POWER SYSTEM MARKET OPPORTUNITIES AND THEIR IMPACT 52
5.2.3.1 Growing adoption of hybrid power systems 52
5.2.3.2 Increasing technological advancements in cellular networks
(5G, LTE services, etc.) 53
TABLE 4 4G TECHNOLOGY PENETRATION 53
5.2.3.3 Surging requirements for advanced telecom infrastructure and
M2M connections 53
FIGURE 24 CELLULAR IOT CONNECTIONS, 2019 VS. 2025 54
5.2.3.4 Rising use of GaN-based power devices with evolution of 5G technology 54
5.2.4 CHALLENGES 55
FIGURE 25 TELECOM POWER SYSTEM MARKET CHALLENGES AND THEIR IMPACT 55
5.2.4.1 Lack of infrastructure development for energy management 55
5.2.4.2 Design challenges for telecom power systems 55
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES RELATED TO TELECOM POWER SYSTEM MARKET 56
5.4 ECOSYSTEM/MARKET MAP 57
TABLE 5 TELECOM POWER SYSTEM MARKET: ECOSYSTEM 57
FIGURE 27 KEY PLAYERS IN TELECOM POWER SYSTEM ECOSYSTEM 58
5.4.1 TELECOM POWER SYSTEM MANUFACTURERS 58
5.4.2 TELECOM NETWORK SOLUTION PROVIDERS 58
5.4.3 SYSTEM INTEGRATORS 58
5.4.4 NETWORK OPERATORS 59
5.5 TECHNOLOGY ANALYSIS 59
5.5.1 5G NETWORK 59
5.5.2 SMART MANUFACTURING 59
5.5.3 ASSET PERFORMANCE MANAGEMENT SYSTEMS 60
5.6 VALUE CHAIN ANALYSIS 60
FIGURE 28 VALUE CHAIN: TELECOM POWER SYSTEM MARKET 60
 
5.7 PATENT ANALYSIS 62
TABLE 6 NOTABLE PATENTS PERTAINING TO TELECOM POWER SYSTEM MARKET 62
TABLE 7 NUMBER OF PATENTS REGISTERED RELATED TO TELECOM POWER SYSTEM MARKET IN LAST 10 YEARS 66
FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN LAST 10 YEARS 67
FIGURE 30 NO. OF PATENTS GRANTED PER YEAR, 2012–2021 67
5.8 REGULATORY LANDSCAPE 68
5.8.1 NORTH AMERICA 68
5.8.2 EUROPE 68
5.8.3 APAC 69
5.8.4 GLOBAL 69
5.9 TRADE DATA 69
5.9.1 IMPORT DATA 70
TABLE 8 IMPORT DATA FOR HS CODE 8504, BY COUNTRY, 2016–2020 (USD BILLION) 70
5.9.2 EXPORT DATA 70
TABLE 9 EXPORT DATA FOR HS CODE 8504, BY COUNTRY, 2016–2020 (USD BILLION) 70
5.10 CASE STUDY ANALYSIS 71
5.10.1 POWERING OF LARGE TELECOM AND SEASONAL AIR CONDITIONING 71
5.10.2 ADVANCED REMOTE TELECOM SITE AUTOMATION 71
5.10.3 OFF-GRID LTE WIRELESS NETWORKS 72
5.10.4 HYBRID OFF-GRID TELECOM SITES 72
5.10.5 HD-PLC FOR A FASTER, CHEAPER SMART METERING 73
5.11 KEY CONFERENCES & EVENTS DURING 2022–2023 73
TABLE 10 TELECOM POWER SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS 73
5.12 PORTER’S FIVE FORCE ANALYSIS 77
TABLE 11 IMPACT OF PORTER’S FIVE FORCES ON TELECOM POWER SYSTEM MARKET 77
FIGURE 31 TELECOM POWER SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 77
5.12.1 INTENSITY OF COMPETITIVE RIVALRY 78
5.12.2 THREAT OF SUBSTITUTES 78
5.12.3 BARGAINING POWER OF BUYERS 78
5.12.4 BARGAINING POWER OF SUPPLIERS 78
5.12.5 THREAT OF NEW ENTRANTS 78
5.13 KEY STAKEHOLDERS & BUYING CRITERIA 79
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 79
FIGURE 32 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 POWER SOURCES 79
TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 POWER SOURCES (%) 79
5.13.2 BUYING CRITERIA 80
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 POWER SOURCES 80
TABLE 13 KEY BUYING CRITERIA FOR TOP 3 POWER SOURCES 80
5.14 AVERAGE SELLING PRICE (ASP) ANALYSIS 81
FIGURE 34 GLOBAL ASP OF TELECOM POEWR SYSTEMS, 2021 81
6 TELECOM POWER SYSTEM MARKET, BY COMPONENT 82
6.1 INTRODUCTION 83
FIGURE 35 INVERTERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 83
TABLE 14 TELECOM POWER SYSTEM MARKET, BY COMPONENT,
2018–2021 (USD MILLION) 83
TABLE 15 TELECOM POWER SYSTEM MARKET, BY COMPONENT,
2022–2027 (USD MILLION) 84
6.2 RECTIFIERS 84
6.2.1 RECTIFIERS CONVERT ALTERNATING CURRENT TO DIRECT CURRENT AND PROVIDE POWER TO CHARGE BATTERIES 84
6.3 INVERTERS 85
6.3.1 INVERTERS TO REGISTER HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 85
6.4 CONVERTERS 85
6.4.1 MAJOR FUNCTION OF CONVERTERS IS TO CONVERT UNREGULATED VOLTAGE INTO REGULATED VOLTAGE 85
6.5 CONTROLLERS 86
6.5.1 CONTROLLERS PROVIDE INTELLIGENT CONTROL AND MONITOR OPERATIONAL PARAMETERS OF TEMECOM POEWR SYSTEMS 86
6.6 HEAT MANAGEMENT SYSTEMS 86
6.6.1 HEAT MANAGEMENT SYSTEMS OFFER INCLUDE HEAT EXCHANGE, DIRECT VENTILATION, THERMOELECTRIC COOLING, AND DC-POWERED AIR CONDITIONING 86
6.7 GENERATORS 87
6.7.1 GENERATORS PROVIDE RELIABILITY AND LONG HOURS OF USE IN REMOTE LOCATIONS WITHOUT COMPROMISING PERFORMANCE 87
6.8 OTHERS 87
6.8.1 POWER DISTRIBUTION UNITS 87
6.8.2 BATTERIES 88
6.8.3 SOLAR OR PV CELLS 88
6.8.4 WIND TURBINES 88
6.8.5 SURGE PROTECTION DEVICES 89
6.8.6 CIRCUIT BREAKERS 89
7 TELECOM POWER SYSTEM MARKET, BY GRID TYPE 91
7.1 INTRODUCTION 92
FIGURE 36 TELECOM POWER SYSTEM FOR OFF-GRID TYPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 92
TABLE 16 TELECOM POWER SYSTEM MARKET, BY GRID TYPE,
2018–2021 (USD MILLION) 92
TABLE 17 TELECOM POWER SYSTEM MARKET, BY GRID TYPE,
2022–2027 (USD MILLION) 92
 
7.2 ON-GRID 93
7.2.1 ON-GRID-CONNECTED TELECOM POWER SYSTEMS HAVE LOWER ENVIRONMENTAL IMPACT 93
TABLE 18 TELECOM POWER SYSTEM MARKET FOR ON-GRID, BY REGION,
2018–2021 (USD MILLION) 93
TABLE 19 TELECOM POWER SYSTEM MARKET FOR ON-GRID, BY REGION,
2022–2027 (USD MILLION) 93
7.3 OFF-GRID 94
7.3.1 OFF-GRID-CONNECTED TELECOM POWER SYSTEMS ARE EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 94
TABLE 20 TELECOM POWER SYSTEM MARKET FOR OFF-GRID, BY REGION,
2018–2021 (USD MILLION) 94
TABLE 21 TELECOM POWER SYSTEM MARKET FOR OFF-GRID BY REGION,
2022–2027 (USD MILLION) 95
7.4 BAD GRID 95
7.4.1 BAD GRID-CONNECTED TELECOM POWER SYSTEMS ARE MAINLY USED IN DEVELOPING ECONOMIES SUCH AS INDIA, BRAZIL, AND AFRICAN COUNTRIES 95
TABLE 22 TELECOM POWER SYSTEM MARKET FOR BAD GRID, BY REGION,
2018–2021 (USD MILLION) 96
TABLE 23 TELECOM POWER SYSTEM MARKET FOR BAD GRID BY REGION,
2022–2027 (USD MILLION) 96
8 TELECOM POWER SYSTEM MARKET, BY POWER RATING 97
8.1 INTRODUCTION 98
FIGURE 37 TELECOM POWER SYSTEMS WITH BELOW 10 KW POWER RATING TO DOMINATE MARKET DURING FORECAST PERIOD 98
TABLE 24 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2018–2021 (USD MILLION) 98
TABLE 25 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2022–2027 (USD MILLION) 99
TABLE 26 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2018–2021 (THOUSAND UNITS) 99
TABLE 27 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2022–2027 (THOUSAND UNITS) 99
8.2 BELOW 10 KW 100
8.2.1 TELECOM POWER SYSTEMS BELOW 10 KW ARE MAINLY USED IN CELL TOWERS, BTS, AND BASE STATIONS FOR TELECOM TOWERS 100
8.3 10–20 KW 100
8.3.1 POWER SYSTEMS OF 10–20 KW RATING ARE PRIMARILY USED IN
5G TOWERS AND RECTIFIER MODULES 100
8.4 ABOVE 20 KW 100
8.4.1 POWER SYSTEMS ABOVE 20 KW ARE MAINLY USED IN ACCESS NETWORKS, DATA CENTERS, AND INDOOR POWER SYSTEMS 100
 
9 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE 101
9.1 INTRODUCTION 102
FIGURE 38 TELECOM POWER SYSTEM MARKET FOR DIESEL-SOLAR POWER SOURCE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 102
TABLE 28 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE,
2018–2021 (USD MILLION) 102
TABLE 29 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE,
2022–2027 (USD MILLION) 103
9.2 DIESEL–BATTERY POWER SOURCE 103
9.2.1 DIESEL–BATTERY POWER SOURCE IS MOST COMMON POWER SOURCE USED FOR TELECOM POWER SYSTEMS 103
TABLE 30 ADVANTAGES OF DIESEL–BATTERY POWER SOURCE 103
TABLE 31 DISADVANTAGES OF DIESEL–BATTERY POWER SOURCE 104
TABLE 32 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE, BY REGION, 2018–2021 (USD MILLION) 104
TABLE 33 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE BY REGION, 2022–2027 (USD MILLION) 105
TABLE 34 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 105
TABLE 35 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 105
TABLE 36 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 106
TABLE 37 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 106
TABLE 38 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 106
TABLE 39 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 107
TABLE 40 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 107
TABLE 41 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 107
9.3 DIESEL–SOLAR POWER SOURCE 108
9.3.1 DIESEL–SOLAR POWER SOURCE IS DESIGNED TO USE IN MORE REMOTE CELLULAR BASE STATIONS 108
TABLE 42 ADVANTAGES OF DIESEL–SOLAR POWER SOURCE 108
TABLE 43 DISADVANTAGES OF DIESEL–SOLAR POWER SOURCE 109
TABLE 44 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE,
BY REGION, 2018–2021 (USD MILLION) 109
TABLE 45 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE,
BY REGION, 2022–2027 (USD MILLION) 110
TABLE 46 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 110
TABLE 47 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 110
TABLE 48 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 111
TABLE 49 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 111
TABLE 50 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 111
TABLE 51 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 112
TABLE 52 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 112
TABLE 53 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 112
9.4 DIESEL–WIND POWER SOURCE 113
9.4.1 DIESEL–WIND POWER SYSTEMS ARE WELL SUITED IN BAD-GRID AND OFF-GRID AREAS 113
TABLE 54 ADVANTAGES OF DIESEL–WIND POWER SOURCE 113
TABLE 55 DISADVANTAGES OF DIESEL–WIND POWER SOURCE 113
TABLE 56 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE,
BY REGION, 2018–2021 (USD MILLION) 114
TABLE 57 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE,
BY REGION, 2022–2027 (USD MILLION) 114
TABLE 58 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 114
TABLE 59 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 115
TABLE 60 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 115
TABLE 61 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 115
TABLE 62 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 116
TABLE 63 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 116
TABLE 64 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 116
TABLE 65 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 117
9.5 MULTIPLE POWER SOURCES (DIESEL/SOLAR/WIND/BATTERY/BIOMASS) 117
9.5.1 MULTIPLE POWER SOURCES ENABLE COST-EFFECTIVE WAY OF GENERATING ELECTRICITY 117
TABLE 66 ADVANTAGES OF DIESEL–BIOMASS POWER SOURCE 118
TABLE 67 DISADVANTAGES OF DIESEL–BIOMASS POWER SOURCE 118
TABLE 68 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES,
BY REGION, 2018–2021 (USD MILLION) 118
TABLE 69 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES,
BY REGION, 2022–2027 (USD MILLION) 119
TABLE 70 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 71 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 119
TABLE 72 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 120
TABLE 73 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 120
TABLE 74 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 120
TABLE 75 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 121
TABLE 76 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN ROW, BY REGION, 2018–2021 (USD MILLION) 121
TABLE 77 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN ROW, BY REGION, 2022–2027 (USD MILLION) 121
10 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY 122
10.1 INTRODUCTION 123
FIGURE 39 DC POWER SYSTEMS TO HOLD LARGER SHARE OF TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 123
TABLE 78 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY,
2018–2021 (USD MILLION) 123
TABLE 79 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY,
2022–2027 (USD MILLION) 123
10.2 AC POWER SYSTEMS 124
10.2.1 AC POWER SYSTEMS ARE MAINLY USED FOR TESTING RF AMPLIFIERS, SATELLITES, AND DATA CENTERS 124
10.3 DC POWER SYSTEMS 124
10.3.1 DC POWER SYSTEMS ARE MAINLY USED IN TELECOM POWER SYSTEMS 124
11 GEOGRAPHIC ANALYSIS 125
11.1 INTRODUCTION 126
FIGURE 40 APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 80 TELECOM POWER SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 126
TABLE 81 TELECOM POWER SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 127
11.2 NORTH AMERICA 127
FIGURE 41 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN NORTH AMERICA 128
TABLE 82 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 128
TABLE 83 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 129
TABLE 84 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY POWER SOURCE, 2018–2021 (USD MILLION) 129
TABLE 85 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY POWER SOURCE, 2022–2027 (USD MILLION) 129
 
11.2.1 US 129
11.2.1.1 US held largest size of North American market in 2021 129
TABLE 86 TELECOM POWER SYSTEM MARKET IN US, BY POWER SOURCE,
2018–2021 (USD MILLION) 130
TABLE 87 TELECOM POWER SYSTEM MARKET IN US, BY POWER SOURCE,
2022–2027 (USD MILLION) 130
11.2.2 CANADA 131
11.2.2.1 Demand for telecom power systems in Canada is primarily driven by development of telecom infrastructure in rural areas 131
TABLE 88 TELECOM POWER SYSTEM MARKET IN CANADA, BY POWER SOURCE,
2018–2021 (USD MILLION) 131
TABLE 89 TELECOM POWER SYSTEM MARKET IN CANADA, BY POWER SOURCE,
2022–2027 (USD MILLION) 131
11.2.3 MEXICO 132
11.2.3.1 Mexico is estimated to be fastest-growing market in North America during forecast period 132
TABLE 90 TELECOM POWER SYSTEM MARKET IN MEXICO, BY POWER SOURCE,
2018–2021 (USD MILLION) 132
TABLE 91 TELECOM POWER SYSTEM MARKET IN MEXICO, BY POWER SOURCE,
2022–2027 (USD MILLION) 132
11.3 EUROPE 133
FIGURE 42 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN EUROPE 134
TABLE 92 TELECOM POWER SYSTEM MARKET IN EUROPE, BY COUNTRY,
2018–2021 (USD MILLION) 134
TABLE 93 TELECOM POWER SYSTEM MARKET IN EUROPE, BY COUNTRY,
2022–2027 (USD MILLION) 135
TABLE 94 TELECOM POWER SYSTEM MARKET IN EUROPE, BY POWER SOURCE,
2018–2021 (USD MILLION) 135
TABLE 95 TELECOM POWER SYSTEM MARKET IN EUROPE, BY POWER SOURCE,
2022–2027 (USD MILLION) 135
11.3.1 UK 136
11.3.1.1 UK is expected to be fastest-growing market in Europe during forecast period 136
TABLE 96 TELECOM POWER SYSTEM MARKET IN UK, BY POWER SOURCE,
2018–2021 (USD MILLION) 136
TABLE 97 TELECOM POWER SYSTEM MARKET IN UK, BY POWER SOURCE,
2022–2027 (USD MILLION) 136
11.3.2 GERMANY 137
11.3.2.1 Germany held largest share of telecom power system market in Europe in 2021 137
TABLE 98 TELECOM POWER SYSTEM MARKET IN GERMANY, BY POWER SOURCE, 2018–2021 (USD MILLION) 137
TABLE 99 TELECOM POWER SYSTEM MARKET IN GERMANY, BY POWER SOURCE, 2022–2027 (USD MILLION) 137
 
11.3.3 FRANCE 138
11.3.3.1 Expected introduction of upcoming 5G technology provides significant investment opportunities for leading telecom power system providers in France 138
TABLE 100 TELECOM POWER SYSTEM MARKET IN FRANCE, BY POWER SOURCE,
2018–2021 (USD MILLION) 138
TABLE 101 TELECOM POWER SYSTEM MARKET IN FRANCE, BY POWER SOURCE,
2022–2027 (USD MILLION) 138
11.3.4 SPAIN 139
11.3.4.1 Spain has developed telecommunication services with various new technologies and innovation trends 139
TABLE 102 TELECOM POWER SYSTEM MARKET IN SPAIN, BY POWER SOURCE,
2018–2021 (USD MILLION) 139
TABLE 103 TELECOM POWER SYSTEM MARKET IN SPAIN, BY POWER SOURCE,
2022–2027 (USD MILLION) 139
11.3.5 REST OF EUROPE 140
TABLE 104 TELECOM POWER SYSTEM MARKET IN REST OF EUROPE, BY POWER SOURCE, 2018–2021 (USD MILLION) 140
TABLE 105 TELECOM POWER SYSTEM MARKET IN REST OF EUROPE, BY POWER SOURCE, 2022–2027 (USD MILLION) 140
11.4 APAC 140
FIGURE 43 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN APAC 141
TABLE 106 TELECOM POWER SYSTEM MARKET IN APAC, BY COUNTRY,
2018–2021 (USD MILLION) 142
TABLE 107 TELECOM POWER SYSTEM MARKET IN APAC, BY COUNTRY,
2022–2027 (USD MILLION) 142
TABLE 108 TELECOM POWER SYSTEM MARKET IN APAC, BY POWER SOURCE,
2018–2021 (USD MILLION) 142
TABLE 109 TELECOM POWER SYSTEM MARKET IN APAC, BY POWER SOURCE,
2022–2027 (USD MILLION) 143
11.4.1 CHINA 143
11.4.1.1 China held largest share of telecom power system market in APAC
in 2021 143
TABLE 110 TELECOM POWER SYSTEM MARKET IN CHINA, BY POWER SOURCE,
2018–2021 (USD MILLION) 144
TABLE 111 TELECOM POWER SYSTEM MARKET IN CHINA, BY POWER SOURCE,
2022–2027 (USD MILLION) 144
11.4.2 JAPAN 144
11.4.2.1 Development and deployment of advanced telecom network infrastructures present opportunities for telecom power system providers in Japan 144
TABLE 112 TELECOM POWER SYSTEM MARKET IN JAPAN, BY POWER SOURCE,
2018–2021 (USD MILLION) 145
TABLE 113 TELECOM POWER SYSTEM MARKET IN JAPAN, BY POWER SOURCE,
2022–2027 (USD MILLION) 145
 
11.4.3 SOUTH KOREA 145
11.4.3.1 South Korea is among leaders in terms of development of telecom networks 145
TABLE 114 TELECOM POWER SYSTEM MARKET IN SOUTH KOREA, BY POWER SOURCE, 2018–2021 (USD MILLION) 146
TABLE 115 TELECOM POWER SYSTEM MARKET IN SOUTH KOREA, BY POWER SOURCE, 2022–2027 (USD MILLION) 146
11.4.4 INDIA 146
11.4.4.1 India is expected to be fastest-growing market during forecast period 146
TABLE 116 TELECOM POWER SYSTEM MARKET IN INDIA, BY POWER SOURCE,
2018–2021 (USD MILLION) 147
TABLE 117 TELECOM POWER SYSTEM MARKET IN INDIA, BY POWER SOURCE,
2022–2027 (USD MILLION) 147
11.4.5 AUSTRALIA & NEW ZEALAND 148
11.4.5.1 Technological advancements and telecom infrastructure developments propel growth of telecom power system market 148
TABLE 118 TELECOM POWER SYSTEM MARKET IN AUSTRALIA & NEW ZEALAND,
BY POWER SOURCE, 2018–2021 (USD MILLION) 148
TABLE 119 TELECOM POWER SYSTEM MARKET IN AUSTRALIA & NEW ZEALAND,
BY POWER SOURCE, 2022–2027 (USD MILLION) 148
11.4.6 REST OF APAC 149
TABLE 120 TELECOM POWER SYSTEM MARKET IN REST OF APAC, BY POWER SOURCE, 2018–2021 (USD MILLION) 149
TABLE 121 TELECOM POWER SYSTEM MARKET IN REST OF APAC, BY POWER SOURCE, 2022–2027 (USD MILLION) 149
11.5 ROW 150
TABLE 122 TELECOM POWER SYSTEM MARKET IN ROW, BY REGION,
2018–2021 (USD MILLION) 150
TABLE 123 TELECOM POWER SYSTEM MARKET IN ROW, BY REGION,
2022–2027 (USD MILLION) 150
TABLE 124 TELECOM POWER SYSTEM MARKET IN ROW, BY POWER SOURCE,
2018–2021 (USD MILLION) 150
TABLE 125 TELECOM POWER SYSTEM MARKET IN ROW, BY POWER SOURCE,
2022–2027 (USD MILLION) 151
11.5.1 MIDDLE EAST AND AFRICA 151
11.5.1.1 Middle East and Africa are expected to witness higher growth of market in RoW during forecast period 151
TABLE 126 TELECOM POWER SYSTEM MARKET IN MIDDLE EAST AND AFRICA,
BY POWER SOURCE, 2018–2021 (USD MILLION) 152
TABLE 127 TELECOM POWER SYSTEM MARKET IN MIDDLE EAST AND AFRICA,
BY POWER SOURCE, 2022–2027 (USD MILLION) 152
11.5.2 SOUTH AMERICA 152
11.5.2.1 Deployment of telecom infrastructures in rural areas propels growth of market in South America 152
TABLE 128 TELECOM POWER SYSTEM MARKET IN SOUTH AMERICA, BY POWER SOURCE, 2018–2021 (USD MILLION) 153
TABLE 129 TELECOM POWER SYSTEM MARKET IN SOUTH AMERICA, BY POWER SOURCE, 2022–2027 (USD MILLION) 153
12 COMPETITIVE LANDSCAPE 154
12.1 OVERVIEW 154
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 154
TABLE 130 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MARKET PLAYERS 154
12.2.1 PRODUCT PORTFOLIO 156
12.2.2 REGIONAL FOCUS 156
12.2.3 MANUFACTURING FOOTPRINT 156
12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 156
12.3 MARKET SHARE ANALYSIS: TELECOM POWER SYSTEM MARKET, 2021 157
TABLE 131 TELECOM POWER SYSTEM MARKET: DEGREE OF COMPETITION, 2021 157
12.4 5-YEAR COMPANY REVENUE ANALYSIS 158
FIGURE 44 5-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN TELECOM POWER SYSTEM MARKET 158
12.5 COMPANY EVALUATION QUADRANT 158
12.5.1 STAR 158
12.5.2 EMERGING LEADER 158
12.5.3 PERVASIVE 159
12.5.4 PARTICIPANT 159
FIGURE 45 TELECOM POWER SYSTEM COMPANY EVALUATION QUADRANT, 2021 159
12.5.5 COMPANY FOOTPRINT 160
TABLE 132 OVERALL COMPANY FOOTPRINT 160
TABLE 133 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS POWER SOURCES 161
TABLE 134 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS COMPONENTS 162
TABLE 135 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS REGIONS 163
12.6 START-UP/SME EVALUATION MATRIX 164
TABLE 136 LIST OF START-UPS IN TELECOM POWER SYSTEM MARKET 164
12.6.1 PROGRESSIVE COMPANIES 165
12.6.2 RESPONSIVE COMPANIES 165
12.6.3 DYNAMIC COMPANIES 165
12.6.4 STARTING BLOCKS 165
FIGURE 46 TELECOM POWER SYSTEM MARKET, STARTUP/SME EVALUATION MATRIX, 2021 166
12.7 COMPETITIVE SITUATIONS AND TRENDS 167
12.7.1 PRODUCT LAUNCHES 167
TABLE 137 PRODUCT LAUNCHES, 2020–2022 167
12.7.2 DEALS 173
TABLE 138 DEALS, 2020–2022 173
 
13 COMPANY PROFILES 175
13.1 INTRODUCTION 175
(Business overview, Products/solutions/services offered, Recent developments & MnM View)*
13.2 KEY PLAYERS 175
13.2.1 EATON 175
TABLE 139 EATON: COMPANY SNAPSHOT 176
FIGURE 47 EATON: COMPANY SNAPSHOT 176
13.2.2 HUAWEI TECHNOLOGIES 182
TABLE 140 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 182
FIGURE 48 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 183
13.2.3 CUMMINS 188
TABLE 141 CUMMINS: COMPANY SNAPSHOT 188
FIGURE 49 CUMMINS: COMPANY SNAPSHOT 189
13.2.4 ZTE CORPORATION 192
TABLE 142 ZTE CORPORATION: COMPANY SNAPSHOT 192
FIGURE 50 ZTE CORPORATION: COMPANY SNAPSHOT 193
13.2.5 GENERAL ELECTRIC 197
TABLE 143 GENERAL ELECTRIC: COMPANY SNAPSHOT 197
FIGURE 51 GENERAL ELECTRIC: COMPANY SNAPSHOT 198
13.2.6 SCHNEIDER ELECTRIC 201
TABLE 144 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 201
FIGURE 52 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 202
13.2.7 ALPHA TECHNOLOGIES 205
TABLE 145 ALPHA TECHNOLOGIES: COMPANY SNAPSHOT 205
13.2.8 DELTA ELECTRONICS 207
TABLE 146 DELTA ELECTRONICS: COMPANY SNAPSHOT 207
FIGURE 53 DELTA ELECTRONICS: COMPANY SNAPSHOT 208
13.2.9 ABB 210
TABLE 147 ABB: COMPANY SNAPSHOT 210
FIGURE 54 ABB: COMPANY SNAPSHOT 211
*Details on Business overview, Products/solutions/services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS 214
13.3.1 ASCOT INDUSTRIAL 214
TABLE 148 ASCOT INDUSTRIAL: COMPANY SNAPSHOT 214
13.3.2 UNIPOWER 215
TABLE 149 UNIPOWER: COMPANY SNAPSHOT 215
13.3.3 DYNAMIC POWER GROUP 216
TABLE 150 DYNAMIC POWER GROUP: COMPANY SNAPSHOT 216
13.3.4 EFORE 217
TABLE 151 EFORE: COMPANY SNAPSHOT 217
13.3.5 HANGZHOU ZHONGHENG POWER ENERGY 217
TABLE 152 HANGZHOU ZHONHENG POWER ENERGY: COMPANY SNAPSHOT 217
13.3.6 MYERS POWER PRODUCTS 218
TABLE 153 MYERS POWER PRODUCTS: COMPANY SNAPSHOT 218
13.3.7 STATICON 219
TABLE 154 STATICON: COMPANY SNAPSHOT 219
13.3.8 VERTIV GROUP 220
TABLE 155 VERTIV GROUP: COMPANY SNAPSHOT 220
13.3.9 VOLTSERVER 221
TABLE 156 VOLTSERVER: COMPANY SNAPSHOT 221
13.3.10 JMA WIRELESS 221
TABLE 157 JMA WIRELESS: COMPANY SNAPSHOT 221
13.3.11 CORNING INCORPORATED 222
TABLE 158 CORNING INCORPORATED: COMPANY SNAPSHOT 222
14 APPENDIX 223
14.1 DISCUSSION GUIDE 223
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 226
14.3 AVAILABLE CUSTOMIZATION 228
14.4 RELATED REPORTS 228
14.5 AUTHOR DETAILS 229

Smart Lock Market with COVID-19 Impact by Lock Type (Deadbolt Locks, Lever Handles), Communication Protocol (Bluetooth, WiFi), Unlocking Mechanism (Ke...

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Publication Date:  March, 2022

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1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION AND SCOPE 25
1.2.1 INCLUSIONS AND EXCLUSIONS 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 GEOGRAPHIC SCOPE 27
1.3.3 YEARS CONSIDERED 27
1.4 CURRENCY 27
1.5 MARKET STAKEHOLDERS 28
1.6 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 1 SMART LOCK MARKET: RESEARCH DESIGN 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of major secondary sources 30
2.1.1.2 Secondary sources 30
2.1.2 PRIMARY DATA 31
2.1.2.1 Primary Expert Interviews 31
2.1.2.2 Key data from primary sources 32
2.1.2.3 Key industry insights 32
2.1.2.4 Breakdown of primaries 33
2.1.3 SECONDARY AND PRIMARY RESEARCH 34
2.2 MARKET SIZE ESTIMATION 35
FIGURE 2 PROCESS FLOW 35
2.2.1 BOTTOM-UP APPROACH 35
2.2.1.1 Approach for calculating market share through bottom-up analysis (demand side) 35
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 36
2.2.2.1 Approach for calculating market share through top-down analysis (supply side) 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.3 MARKET RANKING ESTIMATION 37
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 38
2.5 RESEARCH ASSUMPTIONS 39
3 EXECUTIVE SUMMARY 40
FIGURE 6 DEADBOLT LOCKS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 41
FIGURE 7 WI-FI COMMUNICATION PROTOCOL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 8 KEYPAD UNLOCKING MECHANISM SEGMENT TO HOLD LARGEST SHARE OF SMART LOCK MARKET IN 2027 42
FIGURE 9 RESIDENTIAL VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 42
FIGURE 10 SMART LOCK MARKET IN APAC TO REGISTER HIGHEST CAGR BETWEEN
2022 AND 2027 43
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES IN SMART LOCK MARKET 44
FIGURE 11 RISING DEMAND FOR INTERNET-BASED SECURITY SOLUTIONS TO DRIVE GROWTH OF SMART LOCK MARKET 44
4.2 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL 44
FIGURE 12 US AND RESIDENTIAL VERTICAL TO DOMINATE NORTH AMERICAN SMART LOCK MARKET DURING FORECAST PERIOD 44
4.3 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE 45
FIGURE 13 SMART LOCK MARKET FOR DEADBOLT LOCKS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 45
4.4 SMART LOCK MARKET, BY COUNTRY 45
FIGURE 14 CHINA TO ACCOUNT FOR HIGHEST GROWTH RATE IN GLOBAL SMART LOCK MARKET IN 2022 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
FIGURE 15 SMART LOCK MARKET DYNAMICS 46
FIGURE 16 DRIVERS AND THEIR IMPACT ON SMART LOCK MARKET 47
FIGURE 17 OPPORTUNITIES AND THEIR IMPACT ON SMART LOCK MARKET 48
FIGURE 18 RESTRAINTS & CHALLENGES AND THEIR IMPACT ON SMART LOCK MARKET 49
5.2.1 DRIVERS 49
5.2.1.1 Growing security concerns 49
5.2.1.2 Enhanced features compared with traditional lock systems 50
5.2.1.3 Rising adoption of smartphones and other connected devices 50
5.2.2 RESTRAINTS 50
5.2.2.1 High cost and perception of unreliability 50
5.2.2.2 Lack of awareness among customers 51
5.2.3 OPPORTUNITIES 51
5.2.3.1 Increasing adoption of IoT-based security systems 51
5.2.3.2 Rapid urbanization in emerging nations 51
5.2.3.3 Global proliferation of smart cities 52
5.2.4 CHALLENGES 52
5.2.4.1 Risk of cyberattacks through smart devices and IoT-enabled devices 52
5.3 VALUE CHAIN ANALYSIS 52
FIGURE 19 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY RAW MATERIAL SUPPLIERS AND ORIGINAL EQUIPMENT MANUFACTURERS 53
5.4 SMART LOCK MARKET ECOSYSTEM 54
FIGURE 20 SMART LOCK MARKET ECOSYSTEM 54
6 SMART LOCK MARKET, BY LOCK TYPE 55
6.1 INTRODUCTION 56
FIGURE 21 DEADBOLT LOCKS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 56
TABLE 1 SMART LOCK MARKET, BY LOCK TYPE, 2018–2021 (USD MILLION) 56
TABLE 2 SMART LOCK MARKET, BY LOCK TYPE, 2022–2027 (USD MILLION) 57
TABLE 3 SMART LOCK MARKET, BY LOCK TYPE, 2018–2021 (MILLION UNITS) 57
TABLE 4 SMART LOCK MARKET, BY LOCK TYPE, 2022–2027 (MILLION UNITS) 58
6.2 DEADBOLT LOCKS 58
6.2.1 INCREASING DEPLOYMENT OF DEADBOLT LOCKS IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 58
FIGURE 22 RESIDENTIAL VERTICAL TO HOLD LARGEST SHARE OF SMART LOCK MARKET FOR DEADBOLTS DURING FORECAST PERIOD 59
TABLE 5 SMART LOCK MARKET FOR DEADBOLT LOCKS, BY VERTICAL,
2018–2021 (USD MILLION) 59
TABLE 6 SMART LOCK MARKET FOR DEADBOLT LOCKS, BY VERTICAL,
2022–2027 (USD MILLION) 59
6.3 LEVER HANDLES 60
6.3.1 CONVENIENT STRUCTURE AND THEIR COMPLIANCE WITH US DISABILITIES ACT 1990 TO FUEL DEMAND FOR LEVER HANDLES 60
TABLE 7 SMART LOCK MARKET FOR LEVER HANDLES, BY VERTICAL,
2018–2021 (USD MILLION) 60
TABLE 8 SMART LOCK MARKET FOR LEVER HANDLES, BY VERTICAL,
2022–2027 (USD MILLION) 60
6.4 SERVER LOCKS AND LATCHES 61
6.4.1 RISING CONCERNS REGARDING CYBERATTACKS TO FUEL DEMAND FOR SERVER LOCKS AND LATCHES 61
TABLE 9 SMART LOCK MARKET FOR SERVER LOCKS AND LATCHES, BY VERTICAL, 2018–2021 (USD MILLION) 61
TABLE 10 SMART LOCK MARKET FOR SERVER LOCKS AND LATCHES, BY VERTICAL, 2022–2027 (USD MILLION) 61
6.5 KNOB LOCKS 62
6.5.1 GROWING USE OF KNOB LOCKS WITH DEADBOLTS ON EXTERIOR DOORS IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 62
TABLE 11 SMART LOCK MARKET FOR KNOB LOCKS, BY VERTICAL,
2018–2021 (USD MILLION) 62
TABLE 12 SMART LOCK MARKET FOR KNOB LOCKS, BY VERTICAL,
2022–2027 (USD MILLION) 62
6.6 OTHERS 63
TABLE 13 SMART LOCK MARKET FOR OTHERS, BY VERTICAL,
2018–2021 (USD MILLION) 63
TABLE 14 SMART LOCK MARKET FOR OTHERS, BY VERTICAL,
2022–2027 (USD MILLION) 63
7 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL 64
7.1 INTRODUCTION 65
FIGURE 23 WI-FI COMMUNICATION PROTOCOL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 65
TABLE 15 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL,
2018–2021 (USD MILLION) 65
TABLE 16 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL,
2022–2027 (USD MILLION) 66
7.2 WI-FI 66
7.2.1 CONNECTIVITY BENEFITS OFFERED BY WI-FI TO DRIVE MARKET GROWTH 66
7.3 BLUETOOTH 67
7.3.1 WIDE RANGE, LOW POWER CONSUMPTION, AND HIGH RELIABILITY AND BANDWIDTH FEATURES TO FUEL MARKET GROWTH 67
7.4 Z-WAVE 67
7.4.1 GROWING POPULARITY OF RELIABILITY AND HIGH-SPEED FEATURES OF Z-WAVE TO DRIVE MARKET GROWTH 67
7.5 OTHERS 67
7.5.1 ZIGBEE 67
7.5.2 THREAD 67
7.5.3 NFC 67
8 SMART LOCK MARKET, BY UNLOCKING MECHANISM 68
8.1 INTRODUCTION 69
FIGURE 24 KEYPAD UNLOCKING MECHANISM SEGMENT TO HOLD LARGEST SHARE OF SMART LOCK MARKET IN 2027 69
TABLE 17 SMART LOCK MARKET, BY UNLOCKING MECHANISM,
2018–2021 (USD MILLION) 69
TABLE 18 SMART LOCK MARKET, BY UNLOCKING MECHANISM,
2022–2027 (USD MILLION) 70
8.2 KEYPAD 70
8.2.1 INTEGRATION OF KEYPADS WITH ACCESS CONTROL SYSTEMS TO DRIVE MARKET GROWTH 70
8.3 CARD KEY 71
8.3.1 GROWING USE OF RADIO FREQUENCY IDENTIFICATION (RFID) MAGNETIC DOOR LOCKS IN COMMERCIAL OFFICE BUILDINGS TO DRIVE MARKET GROWTH 71
8.3.1.1 Low frequency 71
8.3.1.2 High frequency 71
8.3.1.3 Ultra-high frequency 71
 
8.4 TOUCH BASED 72
8.4.1 GROWING ADOPTION OF AUTOMATED FINGERPRINT IDENTIFICATION SYSTEMS (AFISS) TO FUEL DEMAND FOR FINGERPRINT RECOGNITION SOLUTIONS USED IN SMART LOCK MECHANISM 72
8.5 KEY FOBS 73
8.5.1 RISE IN REPLACEMENT OF OLD METAL KEY SYSTEMS WITH ELECTRONIC FOB SYSTEMS TO DRIVE MARKET GROWTH 73
8.6 SMARTPHONE BASED 73
8.6.1 GROWING ADOPTION OF SMART HOMES TO INCREASE DEMAND FOR SMARTPHONE-BASED DOOR LOCKING SYSTEMS 73
9 SMART LOCK MARKET, BY VERTICAL 74
9.1 INTRODUCTION 75
FIGURE 25 RESIDENTIAL VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 75
TABLE 19 SMART LOCK MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 75
TABLE 20 SMART LOCK MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 76
9.2 COMMERCIAL 76
9.2.1 HOSPITALITY 76
9.2.1.1 Increasing adoption of smart locks in hotels, vacation rental properties, resorts, casinos, and cruise ships to boost market growth 76
9.2.2 RETAIL STORES AND MALLS 77
9.2.2.1 Retail stores and malls segment to witness healthy growth in smart lock market 77
9.2.3 HEALTHCARE 77
9.2.3.1 Growing use of smart locks in healthcare sector to ensure access only to authorized users to boost market growth 77
9.2.4 BANKS AND FINANCIAL CENTRES 77
9.2.4.1 Increasing trend of biometric and multifactor authentication in banking and financial institutions to drive market growth 77
9.2.5 ENTERPRISES AND DATA CENTRES 78
9.2.5.1 Rising demand for security smart cards and biometric access systems to prevent minor security risks in enterprises to drive market growth 78
TABLE 21 SMART LOCK MARKET, BY COMMERCIAL VERTICAL,
2018–2021 (USD MILLION) 78
TABLE 22 SMART LOCK MARKET, BY COMMERCIAL VERTICAL,
2022–2027 (USD MILLION) 78
TABLE 23 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 79
TABLE 24 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 79
TABLE 25 NORTH AMERICA: SMART LOCK MARKET FOR COMMERCIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 79
TABLE 26 NORTH AMERICA: SMART LOCK MARKET FOR COMMERCIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 80
TABLE 27 EUROPE: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 80
TABLE 28 EUROPE: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 80
TABLE 29 APAC: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 81
TABLE 30 APAC: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 81
TABLE 31 ROW: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2018–2021 (USD MILLION) 81
TABLE 32 ROW: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2022–2027 (USD MILLION) 82
TABLE 33 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 82
TABLE 34 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 82
9.3 RESIDENTIAL 83
9.3.1 CONDOMINIUM 83
9.3.1.1 Growing use of smart locks in condominiums or multi-family apartments to prevent invasion, unauthorized access, theft, and burglary to drive market growth 83
9.3.2 INDIVIDUAL HOUSES 83
9.3.2.1 Rising adoption of smart locks by individual house owners to ensure security and safety to drive market growth 83
FIGURE 26 CONDOMINIUM SEGMENT TO HOLD LARGER SHARE OF SMART LOCK MARKET FOR RESIDENTIAL VERTICAL DURING FORECAST PERIOD 83
TABLE 35 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
2018–2021 (USD MILLION) 84
TABLE 36 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
2022–2027 (USD MILLION) 84
FIGURE 27 APAC TO REGISTER HIGHEST CAGR IN SMART LOCK FOR RESIDENTIAL VERTICAL DURING FORECAST PERIOD 84
TABLE 37 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 85
TABLE 38 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 85
TABLE 39 NORTH AMERICA: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 85
TABLE 40 NORTH AMERICA: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 86
TABLE 41 EUROPE: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 86
TABLE 42 EUROPE: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 86
TABLE 43 APAC: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 87
TABLE 44 APAC: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 87
TABLE 45 ROW: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 87
TABLE 46 ROW: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 88
TABLE 47 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 88
TABLE 48 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 88
9.4 INSTITUTIONAL & GOVERNMENT 89
9.4.1 INCREASING DEMAND FOR SMART LOCKS IN GOVERNMENT VERTICAL TO RESTRICT UNAUTHORIZED ENTRIES TO DRIVE MARKET GROWTH 89
TABLE 49 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY REGION, 2018–2021 (USD MILLION) 89
TABLE 50 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY REGION, 2022–2027 (USD MILLION) 89
TABLE 51 NORTH AMERICA: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 90
TABLE 52 NORTH AMERICA: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 90
TABLE 53 EUROPE: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 90
TABLE 54 EUROPE: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 91
TABLE 55 APAC: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 91
TABLE 56 APAC: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 91
TABLE 57 ROW: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY REGION, 2018–2021 (USD MILLION) 92
TABLE 58 ROW: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY REGION, 2022–2027 (USD MILLION) 92
TABLE 59 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY LOCK TYPE, 2018–2021 (USD MILLION) 92
TABLE 60 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY LOCK TYPE, 2022–2027 (USD MILLION) 93
9.5 TRANSPORTATION & LOGISTICS 93
9.5.1 RISING ADOPTION OF BIOMETRICS-BASED ACCESS CONTROL USING SMART LOCKS BY AIRPORT OPERATORS TO DRIVE MARKET GROWTH 93
TABLE 61 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY REGION, 2018–2021 (USD MILLION) 93
TABLE 62 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY REGION, 2022–2027 (USD MILLION) 94
TABLE 63 NORTH AMERICA: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 94
TABLE 64 NORTH AMERICA: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 94
TABLE 65 EUROPE: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 66 EUROPE: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 95
TABLE 67 APAC: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 68 APAC: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 96
TABLE 69 ROW: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY REGION, 2018–2021 (USD MILLION) 96
TABLE 70 ROW: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY REGION, 2022–2027 (USD MILLION) 96
TABLE 71 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY LOCK TYPE, 2018–2021 (USD MILLION) 97
TABLE 72 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY LOCK TYPE, 2022–2027 (USD MILLION) 97
9.6 INDUSTRIAL 98
9.6.1 MANUFACTURING 98
9.6.1.1 Increased need for protecting people and properties across manufacturing sites to create growth opportunities for market players 98
9.6.2 OIL & GAS 98
9.6.2.1 Ability of smart locks to provide suitable and enhanced security to fuel their demand in oil & gas vertical 98
9.6.3 ENERGY & POWER 98
9.6.3.1 Rising demand for smart locks in energy and power vertical to prevent unauthorized access to drive market growth 98
TABLE 73 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
2018–2021 (USD MILLION) 98
TABLE 74 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
2022–2027 (USD MILLION) 99
TABLE 75 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 99
TABLE 76 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 99
TABLE 77 NORTH AMERICA: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 100
TABLE 78 NORTH AMERICA: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 100
TABLE 79 EUROPE: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 100
TABLE 80 EUROPE: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 101
TABLE 81 APAC: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 101
TABLE 82 APAC: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 101
TABLE 83 ROW: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 102
TABLE 84 ROW: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 102
TABLE 85 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 102
TABLE 86 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 103
10 SMART LOCK MARKET, BY REGION 104
10.1 INTRODUCTION 105
FIGURE 28 APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 105
TABLE 87 SMART LOCK MARKET, BY REGION, 2018–2021 (USD MILLION) 105
TABLE 88 SMART LOCK MARKET, BY REGION, 2022–2027 (USD MILLION) 106
10.2 NORTH AMERICA 106
FIGURE 29 NORTH AMERICA MARKET SNAPSHOT 107
TABLE 89 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY,
2018–2021 (USD MILLION) 107
TABLE 90 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY,
2022–2027 (USD MILLION) 108
TABLE 91 SMART LOCK MARKET IN NORTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 108
TABLE 92 SMART LOCK MARKET IN NORTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 108
TABLE 93 SMART LOCK MARKET IN US, BY VERTICAL, 2018–2021 (USD MILLION) 109
TABLE 94 SMART LOCK MARKET IN US, BY VERTICAL, 2022–2027 (USD MILLION) 109
TABLE 95 SMART LOCK MARKET IN CANADA, BY VERTICAL, 2018–2021 (USD MILLION) 109
TABLE 96 SMART LOCK MARKET IN CANADA, BY VERTICAL, 2022–2027 (USD MILLION) 110
TABLE 97 SMART LOCK MARKET IN MEXICO, BY VERTICAL, 2018–2021 (USD MILLION) 110
TABLE 98 SMART LOCK MARKET IN MEXICO, BY VERTICAL, 2022–2027 (USD MILLION) 110
10.2.1 US 111
10.2.1.1 US to hold largest share of North American smart lock market 111
10.2.2 CANADA 111
10.2.2.1 Growing awareness regarding internet-based safety and security to drive growth of smart lock market in Canada 111
10.2.3 MEXICO 111
10.2.3.1 Mexico to be lucrative market for smart locks 111
10.3 EUROPE 111
FIGURE 30 EUROPE MARKET SNAPSHOT 112
TABLE 99 SMART LOCK MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 112
TABLE 100 SMART LOCK MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 113
TABLE 101 SMART LOCK MARKET IN EUROPE, BY VERTICAL, 2018–2021 (USD MILLION) 113
TABLE 102 SMART LOCK MARKET IN EUROPE, BY VERTICAL, 2022–2027 (USD MILLION) 113
TABLE 103 SMART LOCK MARKET IN UK, BY VERTICAL, 2018–2021 (USD MILLION) 114
TABLE 104 SMART LOCK MARKET IN UK, BY VERTICAL, 2022–2027 (USD MILLION) 114
TABLE 105 SMART LOCK MARKET IN GERMANY, BY VERTICAL,
2018–2021 (USD MILLION) 114
TABLE 106 SMART LOCK MARKET IN GERMANY, BY VERTICAL,
2022–2027 (USD MILLION) 115
TABLE 107 SMART LOCK MARKET IN FRANCE, BY VERTICAL, 2018–2021 (USD MILLION) 115
TABLE 108 SMART LOCK MARKET IN FRANCE, BY VERTICAL, 2022–2027 (USD MILLION) 115
TABLE 109 SMART LOCK MARKET IN REST OF EUROPE, BY VERTICAL,
2018–2021 (USD MILLION) 116
TABLE 110 SMART LOCK MARKET IN REST OF EUROPE, BY VERTICAL,
2022–2027 (USD MILLION) 116
10.3.1 UK 116
10.3.1.1 Decline in cost of mobile broadband connection and increasing adoption of cloud infrastructure to boost demand for smart locks in UK 116
10.3.2 GERMANY 117
10.3.2.1 Growing adoption of internet-based security systems in various applications to drive market growth in Germany 117
10.3.3 FRANCE 117
10.3.3.1 Growing awareness regarding internet-based home security solutions and rising adoption of wireless portable consumer electronics to drive market growth in France 117
10.3.4 REST OF EUROPE 117
10.4 APAC 117
FIGURE 31 APAC MARKET SNAPSHOT 118
FIGURE 32 CHINA TO HOLD LARGEST SHARE OF APAC SMART LOCK MARKET DURING FORECAST PERIOD 119
TABLE 111 SMART LOCK MARKET IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 112 SMART LOCK MARKET IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 119
TABLE 113 SMART LOCK MARKET IN APAC, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 114 SMART LOCK MARKET IN APAC, BY VERTICAL, 2022–2027 (USD MILLION) 120
TABLE 115 SMART LOCK MARKET IN CHINA, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 116 SMART LOCK MARKET IN CHINA, BY VERTICAL, 2022–2027 (USD MILLION) 121
TABLE 117 SMART LOCK MARKET IN JAPAN, BY VERTICAL, 2018–2021 (USD MILLION) 121
TABLE 118 SMART LOCK MARKET IN JAPAN, BY VERTICAL, 2022–2027 (USD MILLION) 121
TABLE 119 SMART LOCK MARKET IN SOUTH KOREA, BY VERTICAL,
2018–2021 (USD MILLION) 122
TABLE 120 SMART LOCK MARKET IN SOUTH KOREA, BY VERTICAL,
2022–2027 (USD MILLION) 122
TABLE 121 SMART LOCK MARKET IN INDIA, BY VERTICAL, 2018–2021 (USD MILLION) 122
TABLE 122 SMART LOCK MARKET IN INDIA, BY VERTICAL, 2022–2027 (USD MILLION) 123
TABLE 123 SMART LOCK MARKET IN REST OF APAC, BY VERTICAL,
2018–2021 (USD MILLION) 123
TABLE 124 SMART LOCK MARKET IN REST OF APAC, BY VERTICAL,
2022–2027 (USD MILLION) 123
10.4.1 CHINA 124
10.4.1.1 Increasing industrialization to fuel demand for smart lock systems in China 124
10.4.2 JAPAN 124
10.4.2.1 Rapid industrialization and modernization to create lucrative opportunities for market players in Japan 124
10.4.3 SOUTH KOREA 124
10.4.3.1 Rising demand for remotely managed and connected security devices to drive market growth in South Korea 124
10.4.4 INDIA 125
10.4.4.1 Rise in terrorist activities, crime rate, and data and security breaches to fuel demand for security and safety systems 125
10.4.5 REST OF APAC 125
10.5 ROW 125
TABLE 125 SMART LOCK MARKET IN ROW, BY COUNTRY, 2018–2021 (USD MILLION) 125
TABLE 126 SMART LOCK MARKET IN ROW, BY COUNTRY, 2022–2027 (USD MILLION) 126
TABLE 127 SMART LOCK MARKET IN ROW, BY VERTICAL, 2018–2021 (USD MILLION) 126
TABLE 128 SMART LOCK MARKET IN ROW, BY VERTICAL, 2022–2027 (USD MILLION) 126
TABLE 129 SMART LOCK MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL,
2018–2021 (USD MILLION) 127
TABLE 130 SMART LOCK MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL,
2022–2027 (USD MILLION) 127
TABLE 131 SMART LOCK MARKET IN SOUTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 127
TABLE 132 SMART LOCK MARKET IN SOUTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 128
10.5.1 MIDDLE EAST & AFRICA 128
10.5.1.1 Rising urbanization and increased adoption of IoT-based solutions to boost market growth 128
10.5.2 SOUTH AMERICA 128
10.5.2.1 Growing industrialization to create lucrative opportunities for players in South American market 128
11 COMPETITIVE LANDSCAPE 129
11.1 OVERVIEW 129
11.2 MARKET EVALUATION FRAMEWORK 129
TABLE 133 OVERVIEW OF STRATEGIES DEPLOYED BY KEY SMART LOCK PROVIDERS 129
11.2.1 PRODUCT PORTFOLIO 130
11.2.2 REGIONAL FOCUS 130
11.2.3 MANUFACTURING FOOTPRINT 130
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 130
11.3 REVENUE ANALYSIS OF LEADING PLAYERS (2017–2021) 130
FIGURE 33 5-YEAR REVENUE ANALYSIS OF LEADING PLAYERS IN SMART LOCK MARKET 130
11.4 MARKET SHARE ANALYSIS: SMART LOCK MARKET, 2021 131
TABLE 134 DEGREE OF COMPETITION 131
11.5 COMPANY EVALUATION MATRIX 132
11.5.1 STAR 132
11.5.2 EMERGING LEADER 132
11.5.3 PERVASIVE 132
11.5.4 PARTICIPANT 132
FIGURE 34 COMPANY EVALUATION MATRIX, 2021 133
11.6 COMPETITIVE SITUATIONS AND TRENDS 134
11.6.1 PRODUCT LAUNCHES 134
TABLE 135 PRODUCT LAUNCHES, JANUARY 2020–NOVEMBER 2021 134
11.6.2 DEALS 135
TABLE 136 DEALS, JANUARY 2020–FEBRUARY 2022 135
12 COMPANY PROFILES 139
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1 INTRODUCTION 139
12.2 KEY PLAYERS 139
12.2.1 ASSA ABLOY 139
TABLE 137 ASSA ABLOY: BUSINESS OVERVIEW 139
FIGURE 35 ASSA ABLOY: COMPANY SNAPSHOT 140
TABLE 138 ASSA ABLOY: PRODUCT/SOLUTION/SERVICE OFFERINGS 141
TABLE 139 ASSA ABLOY: DEALS 141
12.2.2 DORMAKABA 144
TABLE 140 DORMAKBA: BUSINESS OVERVIEW 144
FIGURE 36 DORMAKABA: COMPANY SNAPSHOT 145
TABLE 141 DORMAKABA: PRODUCT/SOLUTION/SERVICE OFFERINGS 145
TABLE 142 DORMAKABA: DEALS 146
TABLE 143 DORMAKABA: OTHERS 147
12.2.3 SPECTRUM BRANDS 148
TABLE 144 SPECTRUM BRANDS: BUSINESS OVERVIEW 148
FIGURE 37 SPECTRUM BRANDS: COMPANY SNAPSHOT 149
TABLE 145 SPECTRUM BRANDS: PRODUCT/SOLUTION/SERVICE OFFERINGS 149
TABLE 146 SPECTRUM BRANDS: PRODUCT LAUNCHES 150
12.2.4 SALTO SYSTEMS 152
TABLE 147 SALTO SYSTEMS: BUSINESS OVERVIEW 152
TABLE 148 SALTO SYSTEMS: PRODUCT/SOLUTION/SERVICE OFFERINGS 152
TABLE 149 SALTO SYSTEMS: PRODUCT LAUNCHES 153
TABLE 150 SALTO SYSTEMS: DEALS 153
TABLE 151 SALTO SYSTEMS: OTHERS 154
12.2.5 ALLEGION 155
TABLE 152 ALLEGION: BUSINESS OVERVIEW 155
FIGURE 38 ALLEGION: COMPANY SNAPSHOT 155
TABLE 153 ALLEGION: PRODUCT/SOLUTION/SERVICE OFFERINGS 156
TABLE 154 ALLEGION: PRODUCT LAUNCHES 156
TABLE 155 ALLEGION: DEALS 157
12.2.6 HONEYWELL 159
TABLE 156 HONEYWELL: BUSINESS OVERVIEW 159
FIGURE 39 HONEYWELL: COMPANY SNAPSHOT 160
TABLE 157 HONEYWELL: PRODUCT/SOLUTION/SERVICE OFFERINGS 160
12.2.7 DAHUA TECHNOLOGY 161
TABLE 158 DAHUA TECHNOLOGY: BUSINESS OVERVIEW 161
FIGURE 40 DAHUA TECHNOLOGY: COMPANY SNAPSHOT 162
TABLE 159 DAHUA TECHNOLOGY: PRODUCT/SOLUTION/SERVICE OFFERINGS 163
TABLE 160 DAHUA TECHNOLOGY: PRODUCT LAUNCHES 163
12.2.8 SAMSUNG 164
TABLE 161 SAMSUNG: BUSINESS OVERVIEW 164
FIGURE 41 SAMSUNG: COMPANY SNAPSHOT 165
TABLE 162 SAMSUNG: PRODUCT/SOLUTION/SERVICE OFFERINGS 165
TABLE 163 SAMSUNG: OTHERS 166
12.2.9 VIVINT 167
TABLE 164 VIVINT: BUSINESS OVERVIEW 167
FIGURE 42 VIVINT: COMPANY SNAPSHOT 167
TABLE 165 VIVINT: PRODUCT/SOLUTION/SERVICE OFFERINGS 168
TABLE 166 VIVINT: DEALS 168
12.2.10 ZKTECO 169
TABLE 167 ZKTECO: BUSINESS OVERVIEW 169
TABLE 168 ZKTECO: PRODUCT/SOLUTION/SERVICE OFFERINGS 169
TABLE 169 ZKTECO: DEALS 170
12.3 OTHER KEY PLAYERS 171
12.3.1 IGLOOCOMPANY 171
12.3.2 REMOTELOCK 172
12.3.3 ONITY 172
12.3.4 MASTER LOCK 173
12.3.5 MIWA LOCK 174
12.3.6 SENTRILOCK 175
12.3.7 AVENT SECURITY 175
12.3.8 HAVENLOCK 177
12.3.9 SHENZHEN VIANS ELECTRONIC LOCK 178
12.3.10 ANVIZ GLOBAL 178
12.3.11 CANDY HOUSE 179
12.3.12 AMADAS 179
12.3.13 KEYWE 180
12.3.14 GATE LABS 180
12.3.15 DESSMANN SCHLIESSANLAGEN 181
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
13 APPENDIX 182
13.1 DISCUSSION GUIDE 182
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 185
13.3 AVAILABLE CUSTOMIZATIONS 187
13.4 RELATED REPORTS 187
13.5 AUTHOR DETAILS 188