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Structured Cabling Market with COVID-19 Impact Analysis, by Solution Type, Cable Type (Category 5E, Category 6, Category 6A), Vertical (IT & Telecommu...

Publisher:        MarketsandMarkets

# of Pages:        260

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1 User License $4,950

Publication Date:  March, 2022

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1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION & SCOPE 31
1.2.1 INCLUSIONS AND EXCLUSIONS 32
1.3 SCOPE 33
1.3.1 MARKETS COVERED 33
FIGURE 1 STRUCTURED CABLING MARKET SEGMENTATION 33
1.3.2 YEARS CONSIDERED 34
1.4 CURRENCY 34
1.5 STAKEHOLDERS 34
1.6 SUMMARY OF CHANGES 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 STRUCTURED CABLING MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY DATA 37
2.1.1.1 List of key secondary sources 38
2.1.1.2 Secondary sources 38
2.1.2 PRIMARY DATA 39
2.1.2.1 Breakdown of primaries 39
2.1.2.2 Key data from primary sources 40
2.1.2.3 Key industry insights 40
2.2 FACTOR ANALYSIS 41
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1
(TOP-DOWN, SUPPLY-SIDE) – REVENUES GENERATED BY COMPANIES FROM SALE OF STRUCTURED CABLING SOLUTION 41
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1
(TOP-DOWN, SUPPLY-SIDE) – ILLUSTRATION OF REVENUE ESTIMATION FOR ONE COMPANY IN STRUCTURED CABLING MARKET 42
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2
(BOTTOM UP, DEMAND-SIDE) – DEMAND FOR STRUCTURED CABLING
BY DIFFERENT VERTICALS 43
2.3 MARKET SIZE ESTIMATION 44
2.3.1 BOTTOM-UP APPROACH 44
2.3.1.1 Approach for obtaining market size/share using bottom-up analysis (demand side) 44
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 44
2.3.2 TOP-DOWN APPROACH 44
2.3.2.1 Approach for obtaining market share/size using top-down analysis (supply side) 45
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 45
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 46
FIGURE 8 DATA TRIANGULATION 46
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 47
2.5.1 ASSUMPTIONS 47
2.5.2 LIMITATIONS 48
2.6 RISK ASSESSMENT 48
3 EXECUTIVE SUMMARY 49
3.1 IMPACT OF COVID-19 ON STRUCTURED CABLING MARKET 49
FIGURE 9 GLOBAL PROPAGATION OF COVID-19 50
FIGURE 10 RECOVERY SCENARIOS FOR GLOBAL ECONOMY 51
3.2 REALISTIC SCENARIO 52
3.3 OPTIMISTIC SCENARIO 52
3.4 PESSIMISTIC SCENARIO 52
FIGURE 11 GROWTH PROJECTION OF STRUCTURED CABLING MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS 52
FIGURE 12 PRE- AND POST-COVID-19 SCENARIOS OF STRUCTURED CABLING MARKET 53
FIGURE 13 SOFTWARE SEGMENT TO EXHIBIT HIGHEST CAGR IN STRUCTURED CABLING MARKET DURING FORECAST PERIOD 54
FIGURE 14 CATEGORY 6 SEGMENT TO DOMINATE STRUCTURED CABLING MARKET IN 2022 54
FIGURE 15 IT & TELECOMMUNICATIONS SEGMENT TO EXHIBIT HIGHEST CAGR IN STRUCTURED CABLING MARKET FROM 2022 TO 2027 55
FIGURE 16 APAC TO BE FASTEST-GROWING REGIONAL MARKET FOR STRUCTURED CABLING DURING FORECAST PERIOD 55
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN STRUCTURED CABLING MARKET 57
FIGURE 17 RISING TREND OF DATA CONVERGENCE TO FUEL MARKET GROWTH DURING FORECAST PERIOD 57
4.2 STRUCTURED CABLING MARKET, BY CABLE TYPE AND VERTICAL 58
FIGURE 18 CATEGORY 6A AND IT & TELECOMMUNICATIONS SEGMENTS TO HOLD LARGEST SHARES OF STRUCTURED CABLING MARKET BY 2027 58
4.3 STRUCTURED CABLING MARKET, BY SOLUTION TYPE 58
FIGURE 19 PRODUCTS TO CAPTURE LARGEST SHARE OF GLOBAL STRUCTURED CABLING MARKET IN 2027 58
4.4 STRUCTURED CABLING MARKET, BY COUNTRY 59
FIGURE 20 SOUTH KOREA TO RECORD HIGHEST CAGR IN STRUCTURED CABLING MARKET DURING FORECAST PERIOD 59
4.5 STRUCTURED CABLING MARKET, BY REGION 59
FIGURE 21 NORTH AMERICA TO HOLD LARGEST SHARE OF STRUCTURED CABLING MARKET IN 2027 59
 
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
FIGURE 22 STRUCTURED CABLING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
5.2.1 DRIVERS 61
5.2.1.1 Growing trend of data center convergence penetrating IT infrastructure market 61
5.2.1.2 Spurring communication infrastructure 61
5.2.1.3 Rising emergence of smart cities 62
TABLE 1 SMART CITY INITIATIVES AND INVESTMENTS 63
5.2.1.4 Surging adoption of IoT 64
FIGURE 23 DRIVERS AND THEIR IMPACT ON STRUCTURED CABLING MARKET 65
5.2.2 RESTRAINTS 65
5.2.2.1 Poor EMC impedance tolerance of UTP cabling 65
5.2.2.2 Higher cost and susceptibility of transmission losses of fiber optic components 66
FIGURE 24 RESTRAINTS AND THEIR IMPACT ON STRUCTURED CABLING MARKET 66
5.2.3 OPPORTUNITIES 66
5.2.3.1 Extensive growth of LED lighting systems 66
5.2.3.2 Transition from analog to IP-based video surveillance systems 67
FIGURE 25 OPPORTUNITIES AND THEIR IMPACT ON STRUCTURED CABLING MARKET 67
5.2.4 CHALLENGES 67
5.2.4.1 Need for modification and retrofitting of older infrastructures 67
5.2.4.2 Challenges such as increased call drops, less data quality, and huge network traffic for service providers due to bolstering telecommunications sector 68
FIGURE 26 CHALLENGES AND THEIR IMPACT ON STRUCTURED CABLING MARKET 68
5.3 SUPPLY CHAIN ANALYSIS 69
FIGURE 27 STRUCTURED CABLING MARKET: SUPPLY CHAIN 69
TABLE 2 STRUCTURED CABLING MARKET: ECOSYSTEM 70
5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS 71
5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MARKET PLAYERS 71
FIGURE 28 REVENUE SHIFT IN STRUCTURED CABLING MARKET 71
5.5 STRUCTURED CABLING MARKET ECOSYSTEM 72
FIGURE 29 ECOSYSTEM OF STRUCTURED CABLING 72
5.6 PORTER’S FIVE FORCES ANALYSIS 73
TABLE 3 STRUCTURED CABLING MARKET: PORTER’S FIVE FORCES ANALYSIS 73
FIGURE 30 PORTER’S FIVE FORCES ANALYSIS 74
5.6.1 THREAT OF NEW ENTRANTS 74
5.6.2 THREAT OF SUBSTITUTES 75
5.6.3 BARGAINING POWER OF SUPPLIERS 75
5.6.4 BARGAINING POWER OF BUYERS 75
5.6.5 INTENSITY OF COMPETITIVE RIVALRY 75
5.7 KEY STAKEHOLDERS & BUYING CRITERIA 76
5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS 76
FIGURE 31 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR
TOP 3 VERTICALS 76
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP 3 VERTICALS (%) 76
5.7.2 BUYING CRITERIA 77
FIGURE 32 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 77
TABLE 5 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 77
5.8 CASE STUDIES 77
5.8.1 PANDUIT’S ENTERPRISE SOLUTION PROVIDED WIRELESS INFRASTRUCTURE TO SUPPORT PURDUE UNIVERSITY’S MISSION 77
5.8.2 BELDEN’S HIGH-DENSITY FIBER SOLUTIONS STRENGTHENED ESTRUXTURE DATA CENTER 78
5.8.3 TELMEX USED SIEMON COMPANY’S CATEGORY 7A TERATM SOLUTION IN ITS TIER-4 DATA CENTER 78
5.8.4 VECTORUSA HELPED TO ACCOMPLISH NAVY’S MISSION THROUGH ITS LSZH FIBER-OPTIC CABLE INFRASTRUCTURE 78
5.9 TECHNOLOGY ANALYSIS 79
5.9.1 5G AND FTTX 79
5.9.2 POWER OVER ETHERNET 79
5.10 AVERAGE SELLING PRICE ANALYSIS 80
TABLE 6 AVERAGE SELLING PRICES OF LITHOGRAPHY STRUCTURED CABLING 80
FIGURE 33 STRUCTURED CABLING MARKET: AVERAGE PRICE OF CABLES 80
5.11 TRADE ANALYSIS 80
5.11.1 IMPORTS SCENARIO 81
TABLE 7 IMPORTS DATA, BY COUNTRY, 2016–2020 (USD BILLION) 81
5.11.2 EXPORTS SCENARIO 81
TABLE 8 EXPORTS DATA, BY COUNTRY, 2016–2020 (USD BILLION) 82
5.12 PATENTS ANALYSIS, 2018–2021 82
FIGURE 34 NUMBER OF PATENTS GRANTED WORLDWIDE FROM 2011 TO 2021 87
TABLE 9 TOP 20 PATENT OWNERS IN US FROM 2011 TO 2021 88
FIGURE 35 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS FROM 2011 TO 2021 89
5.13 KEY CONFERENCES & EVENTS IN 2022–2023 89
TABLE 10 STRUCTURED CABLING MARKET: DETAILED LIST OF CONFERENCES
& EVENTS 89
5.14 TARIFF AND REGULATORY LANDSCAPE 91
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 13 APAC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 92
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 93
5.14.2 TARIFFS AND REGULATIONS 93
5.14.2.1 Tariffs 93
5.14.2.2 Regulations 93
5.14.2.3 Standards 94
6 STRUCTURED CABLING MARKET, BY SOLUTION TYPE 95
6.1 INTRODUCTION 96
FIGURE 36 STRUCTURED CABLING MARKET, BY SOLUTION TYPE 96
FIGURE 37 PRODUCT SEGMENT TO ACCOUNT FOR LARGEST SHARE OF STRUCTURED CABLING MARKET IN 2027 96
TABLE 15 STRUCTURED CABLING MARKET, BY SOLUTION TYPE,
2018–2021 (USD MILLION) 97
TABLE 16 STRUCTURED CABLING MARKET, BY SOLUTION TYPE,
2022–2027 (USD MILLION) 97
6.2 PRODUCTS 97
FIGURE 38 STRUCTURED CABLING MARKET, BY PRODUCT TYPE 98
TABLE 17 STRUCTURED CABLING MARKET, BY PRODUCT TYPE,
2018–2021 (USD MILLION) 98
TABLE 18 STRUCTURED CABLING MARKET, BY PRODUCT TYPE,
2022–2027 (USD MILLION) 99
TABLE 19 STRUCTURED CABLING MARKET FOR PRODUCTS, BY VERTICAL,
2018–2021 (USD MILLION) 99
TABLE 20 STRUCTURED CABLING MARKET FOR PRODUCTS, BY VERTICAL,
2022–2027 (USD MILLION) 99
6.2.1 CABLES 100
6.2.1.1 Copper cables 100
6.2.1.1.1 Copper cables are currently dominating market 100
6.2.1.2 Fiber optic cables 101
6.2.1.2.1 Market for fiber optic cables is growing at faster rate 101
TABLE 21 COMPARISON AMONG COPPER CABLES AND FIBER OPTIC CABLES 102
TABLE 22 STRUCTURED CABLING MARKET FOR CABLES, BY TYPE,
2018–2021 (USD MILLION) 102
TABLE 23 STRUCTURED CABLING MARKET FOR CABLES, BY TYPE,
2022–2027 (USD MILLION) 102
TABLE 24 STRUCTURED CABLING MARKET FOR CABLES, BY VERTICAL,
2018–2021 (USD MILLION) 103
TABLE 25 STRUCTURED CABLING MARKET FOR CABLES, BY VERTICAL,
2022–2027 (USD MILLION) 103
6.2.2 COMMUNICATION OUTLETS 103
6.2.2.1 Communication outlets include modular connectors, configurable or integrated faceplates, jacks, mounting boxes, multimedia outlets, and adapters & switches 103
TABLE 26 STRUCTURED CABLING MARKET FOR COMMUNICATION OUTLETS,
BY VERTICAL, 2018–2021 (USD MILLION) 104
TABLE 27 STRUCTURED CABLING MARKET FOR COMMUNICATION OUTLETS,
BY VERTICAL, 2022–2027 (USD MILLION) 104
6.2.3 PATCH PANELS & CROSS CONNECTS 104
6.2.3.1 Patch panels can provide interconnect or cross-connect patching methods to splice and terminate cables 104
TABLE 28 STRUCTURED CABLING MARKET FOR PATCH PANELS & CROSS CONNECTS, BY VERTICAL, 2018–2021 (USD MILLION) 105
TABLE 29 STRUCTURED CABLING MARKET FOR PATCH PANELS & CROSS CONNECTS, BY VERTICAL, 2022–2027 (USD MILLION) 105
6.2.4 PATCH CORDS & CABLE ASSEMBLIES 105
6.2.4.1 Patch cords may be used to connect switch ports or servers to structured cabling systems 105
TABLE 30 STRUCTURED CABLING MARKET FOR PATCH CORDS & CABLE ASSEMBLIES, BY VERTICAL, 2018–2021 (USD MILLION) 106
TABLE 31 STRUCTURED CABLING MARKET FOR PATCH CORDS & CABLE ASSEMBLIES, BY VERTICAL, 2022–2027 (USD MILLION) 106
6.2.5 RACKS & CABINETS 106
6.2.5.1 Racks and cabinets are used for housing servers and other electrical/electronic equipment 106
TABLE 32 STRUCTURED CABLING MARKET FOR RACKS & CABINETS, BY VERTICAL, 2018–2021 (USD MILLION) 107
TABLE 33 STRUCTURED CABLING MARKET FOR RACKS & CABINETS, BY VERTICAL, 2022–2027 (USD MILLION) 107
6.3 SERVICES 107
FIGURE 39 STRUCTURED CABLING MARKET, BY SERVICE TYPE 108
TABLE 34 STRUCTURED CABLING MARKET FOR SERVICES, BY SERVICE TYPE,
2018–2021 (USD MILLION) 108
TABLE 35 STRUCTURED CABLING MARKET FOR SERVICES, BY SERVICE TYPE,
2022–2027 (USD MILLION) 108
TABLE 36 STRUCTURED CABLING MARKET FOR SERVICES, BY VERTICAL,
2018–2021 (USD MILLION) 109
TABLE 37 STRUCTURED CABLING MARKET FOR SERVICES, BY VERTICAL,
2022–2027 (USD MILLION) 109
6.3.1 INSTALLATION & CONSULTATION 109
6.3.1.1 Market for installation & consultation services holds largest share in service market 109
TABLE 38 STRUCTURED CABLING MARKET FOR INSTALLATION & CONSULTATION,
BY VERTICAL, 2018–2021 (USD MILLION) 110
TABLE 39 STRUCTURED CABLING MARKET FOR INSTALLATION & CONSULTATION,
BY VERTICAL, 2022–2027 (USD MILLION) 111
6.3.2 MANAGED SERVICES 111
6.3.2.1 Managed services are key contributors to service market of structured cabling systems 111
TABLE 40 STRUCTURED CABLING MARKET FOR MANAGED SERVICES, BY VERTICAL, 2018–2021 (USD MILLION) 112
TABLE 41 STRUCTURED CABLING MARKET FOR MANAGED SERVICES, BY VERTICAL, 2022–2027 (USD MILLION) 112
6.3.3 MAINTENANCE & SUPPORT 112
6.3.3.1 Maintenance & support deals with routine maintenance activities and troubleshooting problems 112
TABLE 42 STRUCTURED CABLING MARKET FOR MAINTENANCE & SUPPORT,
BY VERTICAL, 2018–2021 (USD MILLION) 113
TABLE 43 STRUCTURED CABLING MARKET FOR MAINTENANCE & SUPPORT,
BY VERTICAL, 2022–2027 (USD MILLION) 113
6.4 SOFTWARE 113
6.4.1 SOFTWARE SOLUTIONS PLAY VITAL ROLE IN SECURING NETWORK INFRASTRUCTURE FROM HACKERS TO AVOID ILLEGAL DATA TRANSFER 113
TABLE 44 STRUCTURED CABLING MARKET FOR SOFTWARE, BY VERTICAL,
2018–2021 (USD MILLION) 114
TABLE 45 STRUCTURED CABLING MARKET FOR SOFTWARE, BY VERTICAL,
2022–2027 (USD MILLION) 114
7 TYPES OF NETWORKS IN STRUCTURED CABLING MARKET 115
7.1 INTRODUCTION 115
FIGURE 40 STRUCTURED CABLING MARKET, TYPES OF NETWORKS 115
7.2 LOCAL AREA NETWORK 115
7.2.1 STRUCTURED CABLING-INFUSED LAN NETWORK OFFERS STANDARDIZATION, RELIABILITY, AND DEPENDABILITY 115
7.3 WIDE AREA NETWORK 116
7.3.1 STRUCTURED CABLING SYSTEMS ARE EFFECTIVE FOR COMPANIES AND OFFICES CONNECTED THROUGH WAN 116
8 STRUCTURED CABLING MARKET, BY CABLE TYPE 117
8.1 INTRODUCTION 118
FIGURE 41 STRUCTURED CABLING MARKET, BY CABLE TYPE 118
FIGURE 42 CATEGORY 6 CABLE TYPE IS EXPECTED TO HOLD LARGEST SHARE IN STRUCTURED CABLING MARKET IN 2022 119
TABLE 46 STRUCTURED CABLING MARKET, BY CABLE TYPE,
2018–2021 (USD MILLION) 119
TABLE 47 STRUCTURED CABLING MARKET, BY CABLE TYPE,
2022–2027 (USD MILLION) 119
TABLE 48 STRUCTURED CABLING MARKET, BY CABLE TYPE,
2018–2021 (MILLION FEET) 120
TABLE 49 STRUCTURED CABLING MARKET, BY CABLE TYPE,
2022–2027 (MILLION FEET) 120
8.2 CATEGORY 5E 120
8.2.1 CATEGORY 5E IS ENHANCED VERSION OF CATEGORY 5 CABLES 120
8.3 CATEGORY 6 120
8.3.1 CATEGORY 6 HOLDS LARGEST SHARE OF STRUCTURED CABLING MARKET 120
8.4 CATEGORY 6A 121
8.4.1 CATEGORY 6A SUPPORTS TWICE MAXIMUM BANDWIDTH THAN CATEGORY 6 121
8.5 OTHERS 121
TABLE 50 COMPARISON AMONG DIFFERENT CABLE TYPES 122
9 STRUCTURED CABLING MARKET, BY VERTICAL 123
9.1 INTRODUCTION 124
FIGURE 43 STRUCTURED CABLING MARKET, BY VERTICAL 124
FIGURE 44 IT & TELECOMMUNICATIONS VERTICAL TO DOMINATE STRUCTURED CABLING MARKET DURING FORECAST PERIOD 125
TABLE 51 STRUCTURED CABLING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 125
TABLE 52 STRUCTURED CABLING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 125
9.2 IT & TELECOMMUNICATIONS 126
FIGURE 45 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY VERTICAL 126
TABLE 53 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY APPLICATION, 2018–2021 (USD MILLION) 127
TABLE 54 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY APPLICATION, 2022–2027 (USD MILLION) 127
TABLE 55 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY SOLUTION TYPE, 2018–2021 (USD MILLION) 127
TABLE 56 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY SOLUTION TYPE, 2022–2027 (USD MILLION) 128
TABLE 57 STRUCTURED CABLING MARKET FOR PRODUCTS IN IT & TELECOMMUNICATIONS, BY PRODUCT TYPE, 2018–2021 (USD MILLION) 128
TABLE 58 STRUCTURED CABLING MARKET FOR PRODUCTS IN IT & TELECOMMUNICATIONS, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 128
TABLE 59 STRUCTURED CABLING MARKET FOR SERVICES IN IT & TELECOMMUNICATIONS, BY SERVICE TYPE, 2018–2021 (USD MILLION) 129
TABLE 60 STRUCTURED CABLING MARKET FOR SERVICES IN IT & TELECOMMUNICATIONS, BY SERVICE TYPE, 2022–2027 (USD MILLION) 129
TABLE 61 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY REGION, 2018–2021 (USD MILLION) 129
TABLE 62 STRUCTURED CABLING MARKET FOR IT & TELECOMMUNICATIONS,
BY REGION, 2022–2027 (USD MILLION) 130
9.2.1 DATA CENTERS 130
9.2.1.1 Rapidly increasing number of data centers is expected to foster growth of structured cabling market in coming years 130
9.2.2 TELECOM OPERATORS 131
9.2.2.1 Upgrade of network infrastructure for next-generation technologies boosts structured cabling market 131
9.2.3 OTHERS 131
9.3 RESIDENTIAL & COMMERCIAL 131
FIGURE 46 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL VERTICAL, BY VERTICAL 132
TABLE 63 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL,
BY APPLICATION, 2018–2021 (USD MILLION) 132
TABLE 64 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL,
BY APPLICATION, 2022–2027 (USD MILLION) 132
TABLE 65 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL,
BY SOLUTION TYPE, 2018–2021 (USD MILLION) 133
TABLE 66 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL,
BY SOLUTION TYPE, 2022–2027 (USD MILLION) 133
TABLE 67 STRUCTURED CABLING MARKET FOR PRODUCTS IN RESIDENTIAL & COMMERCIAL, BY PRODUCT TYPE, 2018–2021 (USD MILLION) 133
TABLE 68 STRUCTURED CABLING MARKET FOR PRODUCTS IN RESIDENTIAL & COMMERCIAL, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 134
TABLE 69 STRUCTURED CABLING MARKET FOR SERVICES IN RESIDENTIAL & COMMERCIAL, BY SERVICE TYPE, 2018–2021 (USD MILLION) 134
TABLE 70 STRUCTURED CABLING MARKET FOR SERVICES IN RESIDENTIAL & COMMERCIAL, BY SERVICE TYPE, 2022–2027 (USD MILLION) 134
TABLE 71 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL,
BY REGION, 2018–2021 (USD MILLION) 135
TABLE 72 STRUCTURED CABLING MARKET FOR RESIDENTIAL & COMMERCIAL,
BY REGION, 2022–2027 (USD MILLION) 135
9.3.1 RESIDENTIAL 135
9.3.1.1 Home automation/smart homes are driving market for structured cabling for residential applications 135
9.3.2 COMMERCIAL ENTERPRISES 136
9.3.2.1 Need for video surveillance, web security, and remote network monitoring are driving market for structured cabling for commercial applications 136
9.4 GOVERNMENT & EDUCATION 136
FIGURE 47 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION,
BY VERTICAL 137
TABLE 73 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION,
BY APPLICATION, 2018–2021 (USD MILLION) 137
TABLE 74 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION,
BY APPLICATION, 2022–2027 (USD MILLION) 137
TABLE 75 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION,
BY SOLUTION TYPE, 2018–2021 (USD MILLION) 137
TABLE 76 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION,
BY SOLUTION TYPE, 2022–2027 (USD MILLION) 138
TABLE 77 STRUCTURED CABLING MARKET FOR PRODUCTS IN GOVERNMENT & EDUCATION, BY PRODUCT TYPE, 2018–2021 (USD MILLION) 138
TABLE 78 STRUCTURED CABLING MARKET FOR PRODUCTS IN GOVERNMENT & EDUCATION, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 138
TABLE 79 STRUCTURED CABLING MARKET FOR SERVICES IN GOVERNMENT & EDUCATION, BY SERVICE TYPE, 2018–2021 (USD MILLION) 139
TABLE 80 STRUCTURED CABLING MARKET FOR SERVICES IN GOVERNMENT & EDUCATION, BY SERVICE TYPE, 2022–2027 (USD MILLION) 139
TABLE 81 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION, BY REGION, 2018–2021 (USD MILLION) 139
TABLE 82 STRUCTURED CABLING MARKET FOR GOVERNMENT & EDUCATION,
BY REGION, 2022–2027 (USD MILLION) 140
 
9.4.1 MILITARY & DEFENSE 140
9.4.1.1 Structured cabling is used for secured and encrypted communication in military & defense applications 140
9.4.2 GOVERNMENT ENTERPRISES 141
9.4.2.1 Digitalization process in government institutes may create opportunities for structured cabling market 141
9.4.3 EDUCATIONAL INSTITUTIONS 141
9.4.3.1 Online class forums, e-books, and video lectures are driving market for structured cabling for educational applications 141
9.5 TRANSPORTATION 142
9.5.1 TECHNOLOGICAL ADVANCEMENTS IN INTELLIGENT TRANSPORT SYSTEMS MAY DRIVE MARKET FOR STRUCTURED CABLING 142
TABLE 83 STRUCTURED CABLING MARKET FOR TRANSPORTATION, BY SOLUTION TYPE, 2018–2021 (USD MILLION) 142
TABLE 84 STRUCTURED CABLING MARKET FOR TRANSPORTATION, BY SOLUTION TYPE, 2022–2027 (USD MILLION) 143
TABLE 85 STRUCTURED CABLING MARKET FOR PRODUCTS IN TRANSPORTATION,
BY PRODUCT TYPE, 2018–2021 (USD MILLION) 143
TABLE 86 STRUCTURED CABLING MARKET FOR PRODUCTS IN TRANSPORTATION,
BY PRODUCT TYPE, 2022–2027 (USD MILLION) 143
TABLE 87 STRUCTURED CABLING MARKET FOR SERVICES IN TRANSPORTATION,
BY SERVICE TYPE, 2018–2021 (USD MILLION) 144
TABLE 88 STRUCTURED CABLING MARKET FOR SERVICES IN TRANSPORTATION,
BY SERVICE TYPE, 2022–2027 (USD MILLION) 144
TABLE 89 STRUCTURED CABLING MARKET FOR TRANSPORTATION, BY REGION,
2018–2021 (USD MILLION) 144
TABLE 90 STRUCTURED CABLING MARKET FOR TRANSPORTATION, BY REGION,
2022–2027 (USD MILLION) 145
9.6 INDUSTRIAL 145
FIGURE 48 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY APPLICATION 145
TABLE 91 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY APPLICATION,
2018–2021 (USD MILLION) 146
TABLE 92 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY APPLICATION,
2022–2027 (USD MILLION) 146
TABLE 93 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY SOLUTION TYPE, 2018–2021 (USD MILLION) 146
TABLE 94 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY SOLUTION TYPE, 2022–2027 (USD MILLION) 147
TABLE 95 STRUCTURED CABLING MARKET FOR PRODUCTS IN INDUSTRIAL,
BY PRODUCT TYPE, 2018–2021 (USD MILLION) 147
TABLE 96 STRUCTURED CABLING MARKET FOR PRODUCTS IN INDUSTRIAL,
BY PRODUCT TYPE, 2022–2027 (USD MILLION) 147
TABLE 97 STRUCTURED CABLING MARKET FOR SERVICES IN INDUSTRIAL, BY SERVICE TYPE, 2018–2021 (USD MILLION) 148
TABLE 98 STRUCTURED CABLING MARKET FOR SERVICES IN INDUSTRIAL, BY SERVICE TYPE, 2022–2027 (USD MILLION) 148
TABLE 99 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY REGION,
2018–2021 (USD MILLION) 148
TABLE 100 STRUCTURED CABLING MARKET FOR INDUSTRIAL, BY REGION,
2022–2027 (USD MILLION) 149
9.6.1 ENERGY & POWER 149
9.6.1.1 Structured cabling systems are used to establish network connections for information sharing and communication between any two substations 149
9.6.2 OIL & GAS 149
9.6.2.1 Oil & gas sector requires communication channels to connect remote sites and to control and monitor all kinds of environments with different temperature conditions 149
9.6.3 FOOD & BEVERAGES 150
9.6.3.1 Waterproof structured cabling products are used in F&B sector 150
9.6.4 METALS & MINING 150
9.6.4.1 Structured cabling systems enable use of new sensing technologies and IP–based surveillance systems in metals & mining sector to establish real-time communication 150
9.6.5 OTHERS 150
9.7 OTHERS 151
TABLE 101 STRUCTURED CABLING MARKET FOR OTHER VERTICALS, BY SOLUTION TYPE, 2018–2021 (USD MILLION) 151
TABLE 102 STRUCTURED CABLING MARKET FOR OTHER VERTICALS, BY SOLUTION TYPE, 2022–2027 (USD MILLION) 151
TABLE 103 STRUCTURED CABLING MARKET FOR PRODUCTS IN OTHER VERTICALS,
BY PRODUCT TYPE, 2018–2021 (USD MILLION) 151
TABLE 104 STRUCTURED CABLING MARKET FOR PRODUCTS IN OTHER VERTICALS,
BY PRODUCT TYPE, 2022–2027 (USD MILLION) 152
TABLE 105 STRUCTURED CABLING MARKET FOR SERVICES IN OTHER VERTICALS,
BY SERVICE TYPE, 2018–2021 (USD MILLION) 152
TABLE 106 STRUCTURED CABLING MARKET FOR SERVICES IN OTHER VERTICALS,
BY SERVICE TYPE, 2022–2027 (USD MILLION) 152
TABLE 107 STRUCTURED CABLING MARKET FOR OTHER VERTICALS, BY REGION,
2018–2021 (USD MILLION) 153
TABLE 108 STRUCTURED CABLING MARKET FOR OTHER VERTICALS, BY REGION,
2022–2027 (USD MILLION) 153
10 GEOGRAPHIC ANALYSIS 154
10.1 INTRODUCTION 155
FIGURE 49 STRUCTURED CABLING MARKET, BY REGION 155
FIGURE 50 NORTH AMERICA ACCOUNTS FOR LARGEST SHARE OF STRUCTURED CABLING MARKET IN 2022 155
TABLE 109 STRUCTURED CABLING MARKET, BY REGION, 2018–2021 (USD MILLION) 155
TABLE 110 STRUCTURED CABLING MARKET, BY REGION, 2022–2027 (USD MILLION) 156
10.2 NORTH AMERICA 156
FIGURE 51 SNAPSHOT OF STRUCTURED CABLING MARKET IN NORTH AMERICA 157
TABLE 111 STRUCTURED CABLING MARKET IN NORTH AMERICA, BY COUNTRY,
2018–2021 (USD MILLION) 157
TABLE 112 STRUCTURED CABLING MARKET IN NORTH AMERICA, BY COUNTRY,
2022–2027 (USD MILLION) 158
TABLE 113 STRUCTURED CABLING MARKET IN NORTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 158
TABLE 114 STRUCTURED CABLING MARKET IN NORTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 159
10.2.1 US 159
10.2.1.1 Presence of large number of data centers propels structured cabling market growth in US 159
10.2.2 CANADA 160
10.2.2.1 High growth of telecommunications sector to drive Canadian market growth 160
10.2.3 MEXICO 160
10.2.3.1 Increased demand for structured cabling in IT & telecommunications sector in Mexico 160
10.3 EUROPE 160
FIGURE 52 SNAPSHOT OF STRUCTURED CABLING MARKET IN EUROPE 161
TABLE 115 STRUCTURED CABLING MARKET IN EUROPE, BY COUNTRY,
2018–2021 (USD MILLION) 161
TABLE 116 STRUCTURED CABLING MARKET IN EUROPE, BY COUNTRY,
2022–2027 (USD MILLION) 162
TABLE 117 STRUCTURED CABLING MARKET IN EUROPE, BY VERTICAL,
2018–2021 (USD MILLION) 162
TABLE 118 STRUCTURED CABLING MARKET IN EUROPE, BY VERTICAL,
2022–2027 (USD MILLION) 162
10.3.1 UK 163
10.3.1.1 Market growth in UK is attributed to increasing demand for fiber optic cabling systems 163
10.3.2 GERMANY 163
10.3.2.1 Germany ranks first in European structured cabling market 163
10.3.3 FRANCE 164
10.3.3.1 Expanding IT & telecommunications sector to boost market growth 164
10.3.4 REST OF EUROPE 164
10.4 APAC 164
FIGURE 53 SNAPSHOT OF STRUCTURED CABLING MARKET IN APAC 165
TABLE 119 STRUCTURED CABLING MARKET IN APAC, BY COUNTRY,
2018–2021 (USD MILLION) 165
TABLE 120 STRUCTURED CABLING MARKET IN APAC, BY COUNTRY,
2022–2027 (USD MILLION) 166
TABLE 121 STRUCTURED CABLING MARKET IN APAC, BY VERTICAL,
2018–2021 (USD MILLION) 166
TABLE 122 STRUCTURED CABLING MARKET IN APAC, BY VERTICAL,
2022–2027 (USD MILLION) 166
10.4.1 CHINA 167
10.4.1.1 China to dominate structured cabling market in APAC during forecast period 167
10.4.2 JAPAN 167
10.4.2.1 Expanding data center market to boost market growth in Japan 167
 
10.4.3 SOUTH KOREA 167
10.4.3.1 Growing adoption of structured cabling in retail and transportation sectors 167
10.4.4 REST OF APAC 168
10.5 REST OF THE WORLD (ROW) 168
TABLE 123 STRUCTURED CABLING MARKET IN ROW, BY REGION,
2018–2021 (USD MILLION) 168
TABLE 124 STRUCTURED CABLING MARKET IN ROW, BY REGION,
2022–2027 (USD MILLION) 168
TABLE 125 STRUCTURED CABLING MARKET IN ROW, BY VERTICAL,
2018–2021 (USD MILLION) 169
TABLE 126 STRUCTURED CABLING MARKET IN ROW, BY VERTICAL,
2022–2027 (USD MILLION) 169
10.5.1 SOUTH AMERICA 169
10.5.1.1 Increasing demand for cloud services and establishment of new data centers 169
10.5.2 MIDDLE EAST 170
10.5.2.1 Middle East holds largest share of structured cabling market in RoW 170
10.5.3 AFRICA 170
10.5.3.1 Structured cabling market in Africa to grow at significant rate 170
10.6 IMPACT OF COVID-19 ON STRUCTURED CABLING MARKET IN VARIOUS REGIONS 170
10.6.1 MOST IMPACTED REGION 170
10.6.1.1 North America 170
FIGURE 54 PRE- AND POST-COVID-19 COMPARISON OF STRUCTURED CABLING MARKET IN NORTH AMERICA 171
10.6.2 LEAST IMPACTED REGION 171
10.6.2.1 APAC 171
FIGURE 55 PRE- AND POST-COVID-19 COMPARISON OF STRUCTURED CABLING MARKET IN APAC 172
11 COMPETITIVE LANDSCAPE 173
11.1 STRUCTURED CABLING OVERVIEW 173
11.2 MARKET EVALUATION FRAMEWORK 173
TABLE 127 OVERVIEW OF STRATEGIES DEPLOYED BY KEY STRUCTURED CABLING COMPANIES 173
11.2.1 PRODUCT PORTFOLIO 174
11.2.2 REGIONAL FOCUS 174
11.2.3 MANUFACTURING FOOTPRINT 174
11.2.4 ORGANIC/INORGANIC STRATEGIES 174
11.3 MARKET SHARE ANALYSIS, 2021 175
TABLE 128 STRUCTURED CABLING MARKET: MARKET SHARE ANALYSIS (2021) 175
11.4 5-YEAR COMPANY REVENUE ANALYSIS 176
FIGURE 56 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN STRUCTURED CABLING MARKET, 2017–2021 176
 
11.5 COMPANY EVALUATION QUADRANT 177
11.5.1 STAR 177
11.5.2 EMERGING LEADER 177
11.5.3 PERVASIVE 177
11.5.4 PARTICIPANT 177
FIGURE 57 STRUCTURED CABLING MARKET: COMPANY EVALUATION QUADRANT, 2021 178
11.6 START-UP/SME EVALUATION MATRIX 179
TABLE 129 STRUCTURED CABLING MARKET: DETAILED LIST OF KEY START-UP/SMES 179
TABLE 130 STRUCTURED CABLING MARKET: COMPETITIVE BENCHMARKING
OF KEY START-UP/SMES (SOLUTION FOOTPRINT) 180
TABLE 131 STRUCTURED CABLING MARKET: COMPETITIVE BENCHMARKING
OF KEY START-UP/SMES (VERTICAL FOOTPRINT) 180
TABLE 132 STRUCTURED CABLING MARKET: COMPETITIVE BENCHMARKING
OF KEY START-UP/SMES (REGION FOOTPRINT) 181
TABLE 133 START-UPS/SMES IN STRUCTURED CABLING MARKET 182
11.6.1 PROGRESSIVE COMPANY 183
11.6.2 RESPONSIVE COMPANY 183
11.6.3 DYNAMIC COMPANY 184
11.6.4 STARTING BLOCK 184
FIGURE 58 STRUCTURED CABLING MARKET, START-UP/SME EVALUATION MATRIX, 2021 184
11.7 COMPANY FOOTPRINT 185
TABLE 134 COMPANY FOOTPRINT 185
TABLE 135 COMPANY-WISE SOLUTION TYPE FOOTPRINT 186
TABLE 136 COMPANY-WISE VERTICAL FOOTPRINT 187
TABLE 137 COMPANY-WISE REGION FOOTPRINT 188
11.8 COMPETITIVE SITUATIONS AND TRENDS 189
11.8.1 PRODUCT LAUNCHES 189
TABLE 138 PRODUCT LAUNCHES, JANUARY 2018–JANUARY 2022 189
11.8.2 DEALS 197
TABLE 139 DEALS, JANUARY 2018–JANUARY 2022 197
11.8.3 OTHERS 201
TABLE 140 CONTRACTS, INVESTMENTS, AND EXPANSIONS,
JANUARY 2018–JANUARY 2022 201
12 COMPANY PROFILES 206
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY COMPANIES 206
12.1.1 COMMSCOPE HOLDING COMPANY, INC. 206
TABLE 141 COMMSCOPE HOLDING COMPANY, INC.: BUSINESS OVERVIEW 206
FIGURE 59 COMMSCOPE HOLDING COMPANY, INC.: COMPANY SNAPSHOT 207
TABLE 142 COMMSCOPE HOLDING COMPANY, INC.: PRODUCT OFFERINGS 207
TABLE 143 COMMSCOPE HOLDING COMPANY, INC.: DEALS 210
TABLE 144 COMMSCOPE HOLDING COMPANY, INC.: OTHERS 211
12.1.2 CORNING INCORPORATED 213
TABLE 145 CORNING INCORPORATED: BUSINESS OVERVIEW 213
FIGURE 60 CORNING INCORPORATED: COMPANY SNAPSHOT 214
TABLE 146 CORNING INCORPORATED: PRODUCT OFFERINGS 214
TABLE 147 CORNING INCORPORATED: PRODUCT LAUNCHES 215
TABLE 148 CORNING INCORPORATED: DEALS 215
TABLE 149 CORNING INCORPORATED: OTHERS 216
12.1.3 LEGRAND 217
TABLE 150 LEGRAND: BUSINESS OVERVIEW 217
FIGURE 61 LEGRAND: COMPANY SNAPSHOT 217
TABLE 151 LEGRAND: PRODUCT OFFERINGS 218
TABLE 152 LEGRAND: DEALS 218
12.1.4 NEXANS 220
TABLE 153 NEXANS: BUSINESS OVERVIEW 220
FIGURE 62 NEXANS: COMPANY SNAPSHOT 221
TABLE 154 NEXANS: PRODUCT OFFERINGS 221
TABLE 155 NEXANS: PRODUCT LAUNCHES 222
TABLE 156 NEXANS: DEALS 222
TABLE 157 NEXANS: OTHERS 223
12.1.5 PANDUIT CORP. 227
TABLE 158 PANDUIT CORP.: BUSINESS OVERVIEW 227
TABLE 159 PANDUIT CORP.: PRODUCT OFFERINGS 227
TABLE 160 PANDUIT CORP.: PRODUCT LAUNCHES 228
TABLE 161 PANDUIT CORP.: DEALS 229
TABLE 162 PANDUIT CORP.: OTHERS 230
12.1.6 BELDEN INC. 232
TABLE 163 BELDEN INC.: BUSINESS OVERVIEW 232
FIGURE 63 BELDEN INC.: COMPANY SNAPSHOT 233
TABLE 164 BELDEN INC.: PRODUCT OFFERINGS 233
TABLE 165 BELDEN INC.: PRODUCT LAUNCHES 234
TABLE 166 BELDEN INC.: DEALS 235
TABLE 167 BELDEN INC.: OTHERS 236
12.1.7 R&M 237
TABLE 168 R&M: BUSINESS OVERVIEW 237
FIGURE 64 R&M: COMPANY SNAPSHOT 238
TABLE 169 R&M: PRODUCT OFFERINGS 238
TABLE 170 R&M: PRODUCT LAUNCHES 239
TABLE 171 R&M: DEALS 239
TABLE 172 R&M: OTHERS 240
12.1.8 FURUKAWA ELECTRIC CO., LTD. 241
TABLE 173 FURUKAWA ELECTRIC CO., LTD.: BUSINESS OVERVIEW 241
FIGURE 65 FURUKAWA ELECTRIC CO., LTD.: COMPANY SNAPSHOT 242
TABLE 174 FURUKAWA ELECTRIC CO., LTD.: PRODUCT OFFERINGS 243
TABLE 175 FURUKAWA ELECTRIC CO., LTD.: PRODUCT LAUNCHES 243
TABLE 176 FURUKAWA ELECTRIC CO., LTD.: DEALS 244
TABLE 177 FURUKAWA ELECTRIC CO., LTD.: OTHERS 244
12.1.9 SCHNEIDER ELECTRIC 246
TABLE 178 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 246
FIGURE 66 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 247
TABLE 179 SCHNEIDER ELECTRIC: PRODUCT OFFERINGS 248
TABLE 180 SCHNEIDER ELECTRIC: DEALS 248
12.1.10 THE SIEMON COMPANY 249
TABLE 181 THE SIEMON COMPANY: BUSINESS OVERVIEW 249
TABLE 182 THE SIEMON COMPANY: PRODUCT OFFERINGS 249
TABLE 183 THE SIEMON COMPANY: PRODUCT LAUNCHES 250
TABLE 184 THE SIEMON COMPANY: DEALS 252
12.2 OTHER PLAYERS 253
12.2.1 MOLEX, LLC 253
TABLE 185 MOLEX, LLC: COMPANY OVERVIEW 253
12.2.2 LEVITON MANUFACTURING CO., INC. 253
TABLE 186 LEVITON MANUFACTURING CO., INC.: COMPANY OVERVIEW 253
12.2.3 AFL 254
TABLE 187 AFL: COMPANY OVERVIEW 254
12.2.4 HUBBELL 254
TABLE 188 HUBBELL: COMPANY OVERVIEW 254
12.2.5 ELECTRA LINK, INC. 255
TABLE 189 ELECTRA LINK, INC.: COMPANY OVERVIEW 255
12.2.6 TEKNON CORPORATION 255
TABLE 190 TEKNON CORPORATION: COMPANY OVERVIEW 255
12.2.7 CODECOM 256
TABLE 191 CODECOM: COMPANY OVERVIEW 256
12.2.8 BLACK BOX NETWORK SERVICES 256
TABLE 192 BLACK BOX NETWORK SERVICES: COMPANY OVERVIEW 256
12.2.9 CONNECTIX LTD. 257
TABLE 193 CONNECTIX LTD.: COMPANY OVERVIEW 257
12.2.10 DÄTWYLER IT INFRA GMBH 257
TABLE 194 DÄTWYLER IT INFRA GMBH: COMPANY OVERVIEW 257
12.2.11 VERTEX SECURITY 258
TABLE 195 VERTEX SECURITY: COMPANY OVERVIEW 258
12.2.12 HUAWEI TECHNOLOGIES CO., LTD. 258
TABLE 196 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW 258
12.2.13 WARREN & BROWN TECHNOLOGIES 259
TABLE 197 WARREN & BROWN TECHNOLOGIES: COMPANY OVERVIEW 259
12.2.14 FIBER MOUNTAIN 259
TABLE 198 FIBER MOUNTAIN: COMPANY OVERVIEW 259
12.2.15 TELECO INC. 260
TABLE 199 TELECO INC.: COMPANY OVERVIEW 260
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 261
13.1 DISCUSSION GUIDE 261
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 264
13.3 AVAILABLE CUSTOMIZATIONS 266
13.4 RELATED REPORTS 266
13.5 AUTHOR DETAILS 267

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

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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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# of Pages:        184

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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