Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms.
The global market for Smart Lock is estimated to increase from US$ 5025.4 million in 2021 to reach US$ 6491.3 million by 2028, exhibiting a CAGR of 3.7% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of smart lock include ASSA ABLOY, Allegion, Kaadas, Dormakaba Group, Samsung, etc. The top five players hold a share about 37%. Asia Pacific is the largest market, has a share about 52%, followed by Europe and North America, with share 24% and 19%, separately.
Report Coverage
This latest report provides a deep insight into the global Smart Lock market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Smart Lock market, with both quantitative and qualitative data, to help readers understand how the Smart Lock market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the Smart Lock market and forecasts the market size by Type (Electronic Cipher Locks, Fingerprint Locks and Remote Locks), by Application (Household and Commercial.), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Electronic Cipher Locks
Fingerprint Locks
Remote Locks
Others
Segmentation by application
Household
Commercial
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
ASSA ABLOY
Allegion
Dormakaba Group
Kaadas
LOOCK
Spectrum Brands
Samsung
MIWA Lock
Master Lock
Dessmann
Guangdong Yinghua Intelligent
Guangdong Be-Tech
Honeywell
SALTO
ORVIBO
Nello
Jiangmen Keyu Intelligence
Locstar
Tenon
Guangdong Level Intelligent Lock
ALPHA Corporation
GOAL
Chapter Introduction
Chapter 1: Scope of Smart Lock, Research Methodology, etc.
Chapter 2: Executive Summary, global Smart Lock market size (sales and revenue) and CAGR, Smart Lock market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Smart Lock sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Smart Lock sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Smart Lock market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including ASSA ABLOY, Allegion, Dormakaba Group, Kaadas, LOOCK, Spectrum Brands, Samsung, MIWA Lock and Master Lock, etc.
Chapter 14: Research Findings and Conclusion