- In April 2023, ASSA ABLOY Group, a global leader in access control solutions, launched a major strategic initiative in South Africa focused on enhancing the security infrastructure of both residential and commercial properties through its advanced vehicle inverter technologies. This move demonstrates ASSA ABLOY’s commitment to delivering tailored, innovative access control products that address the specific security challenges of the regional market. By combining its extensive global expertise with cutting-edge solutions, the company is reinforcing its leadership position within the fast-growing Global Vehicle Inverters Market.
- In March 2023, HavenLock Inc., a veteran-owned enterprise headquartered in Tennessee, introduced the Power G version of its vehicle inverter locking system, specifically designed to improve security in schools and commercial buildings. This advanced Haven Lockdown System aims to strengthen emergency response protocols by providing a dependable and effective solution to protect vulnerable environments. This launch highlights HavenLock’s dedication to developing state-of-the-art safety technologies that enhance protection and peace of mind for institutions and communities alike.
- In March 2023, Honeywell International Inc. completed the implementation of the Bengaluru Safe City Project, a key urban safety initiative leveraging its sophisticated vehicle inverter and security technologies. This project utilizes innovative solutions to build a safer and more resilient urban environment, illustrating Honeywell’s expertise in smart security systems. The initiative emphasizes the growing role of advanced technology in enhancing public safety and shaping the development of intelligent, secure cities worldwide.
- In February 2023, Sentrilock, LLC, a leading provider of electronic lockbox solutions for the real estate sector, announced a strategic partnership with the Chesapeake Bay and Rivers Association of REALTORS (CBRAR) to develop a smart electronic lockbox marketplace for REALTOR members. This collaboration aims to improve security measures and simplify property access, thereby streamlining real estate transactions. The partnership showcases Sentrilock’s focus on innovation and operational efficiency within the real estate industry.
- In January 2023, Schlage, a prominent brand under Allegion Plc specializing in access and home security, unveiled the Schlage Encode Smart Wi-Fi Lever at the NAHB International Builders’ Show (IBS) 2023. This residential vehicle inverter solution, equipped with Wi-Fi connectivity, enables homeowners to remotely manage door access via a dedicated mobile app. The Schlage Encode lever underscores the company’s ongoing commitment to integrating advanced technology into home security, providing users with greater convenience, control, and robust protection.
