According to a recent report published by Persistence Market Research (PMR), revenue generated by the global electronic cylinder lock credentials market is estimated to reach US$ 351.0 Mn by 2016 end, witnessing an increase of 10.1% over 2015 revenue. Low frequency RFID is estimated to be the largest technology segment in terms of value contribution by 2016 end, accounting for US$ 297.6, which is up from US$ 271.3 in 2015.
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