About Electronic Home Locks An electronic lock is a locking device that operates through electric current or motion mechanism and performs locking and unlocking operations on a door accordingly. In this report, electronic locks used for residential purposes are considered and analyzed. Technavio's analysts forecast the global electronic home locks market to grow at a CAGR of 16.41% during the period 2018-2022. Covered in this report The report covers the present scenario and the growth prospects of the global electronic home locks market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Electronic Home Locks Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors • Allegion • ASSA ABLOY • Honeywell International • SAMSUNG • Spectrum Brands Market driver • Increasing integration of advanced technologies • For a full, detailed list, view our report Market challenge • Intense competition from alternative products • For a full, detailed list, view our report Market trend • Growing urbanization enabling the category growth opportunity • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.