Shares of Kelly Hotel & Lodging Sector ETF (NYSEARCA:HOTL – Get Rating) were up 1.5% during trading on Tuesday . The company traded as high as $14.59 and last traded at $14.59. Approximately 11 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 263 shares. The stock had […]
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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.