Latin America Smart Locks Market is expected to grow with the CAGR of 11.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Latin America smart locks market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Latin America smart locks market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
SAMSUNG SDS is the market leader in Latin America smart locks market. Other players in the market are Onity (a Subsidiary of Carrier), GANTNER Electronic GmbH, CANDY HOUSE, INC., Spectrum Brands, Inc., Master Lock Company LLC., Avent Security, SAMSUNG SDS. and igloocompany Pte Ltd. among others.
SAMSUNG SDS is headquartered in Seoul, Korea as public ownership and founded in 1999. The company is engaged in the manufacturing of smart locking products. The company have business segment which are logistic BPO and IT Service out of which our focused category is IT services. The company have product category which are smart home, digital home and smart doorlock out of which digital home is market focused category.
The company has wide global presence across the Asia-Pacific, Europe, North America, South America and Middle East and Africa. The company have subsidiaries which are Miracom Inc Co., Ltd. (Kores), SECUi Corp. (Korea), SAMSUNG SDS Global SCL Egypt Co. Ltd. (Egypt), Samsung SDS India PVt. Ltd. (India), and Samsung SDS America, Inc. (America) among others.
Onity (A Subsidiary of Carrier)
Onity (a subsidiary of Carrier) is headquartered in Oregon, U.S. and it was founded in year 1941 as private ownership. The company is engaged in the manufacturing of intelligent electronic locking solutions. The company offers wide range of product categories such electronic locking solutions, mobile access solutions, electronic safes and energy management systems under which electronic locking solutions is market focused category.
The company has presence in Asia-Pacific, Europe, North America, South America and Middle East and Africa. The company have several subsidiaries which are Onity Comercial, S.A. de C.V. (U.S.), and Senercomm Inc. (U.S.).
igloocompany Pte Ltd
igloocompany Pte Ltd is headquartered in Singapore as private ownership. The company develops systems with smart access technologies where homes and properties can be managed remotely. The company has product category which are Rim Lock, Mortise 2+, Mortise 2, Deadbolt 25, Keybox 3, Padlock, Key Fob. All of which are market focused products.
The company has wide global presence in Asia-Pacific, Americas, Europe and Middle East and Africa.
Latin America Smart Lock Market – Industry Trends and Forecast to 2028