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| Region | Market Share (%) | Growth Rate (%) | Key Trends |
|---|---|---|---|
| North America | 30% | 5% | Increased demand for smart locks |
| Europe | 25% | 4% | Focus on sustainability and eco-friendly products |
| Asia Pacific | 35% | 6% | Rapid urbanization and construction activities |
| Latin America | 7% | 3% | Growing emphasis on home security |
| Middle East & Africa | 3% | 2% | Increasing adoption of electronic locks |