Global Electronic Cylinder Lock Credentials Market: Key Developments
Major market players are focused on partnerships and collaborations, in order to gain competitive edge in the market. For instance, in June 2017, SimonsVoss Technologies partnered with Axis Communications to introduce fully integrated, IP-based digital locking and access control system.
In March 2022, Simons Voss technologies GmbH has expanded the range of its electronic door equipment with smart handles. The new variant of the door allows for the installation of smart handles on both sides.
In October 2022, Assa Abloy has acquired the bird home automation, a German business that makes high-end IP door intercoms for single- and multi-family structures that can be operated from an inside station or smartphone and are marketed under the brand name Door Bird.
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