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Based on the solution, the market is categorized into security systems, safety systems, others (fire door control systems, others parts, and accessories). The security system is further divided into access control systems and smart door locks. The smart door look is further segmented into biometric door locks, electric strike door locks, smart card door locks, others (keypad door lock, etc.).
The security system held the largest share in 2020 due to its smart solutions with remote access. The increasing demand for access control systems and smart door locks in residential as well as commercial sectors will aid the segment’s growth. ....

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