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The smart lock market is forecasted to grow by USD 1,736.68 mn during 2022-2027, accelerating at a CAGR of 11.61% during the forecast period. The report on the smart lock market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing number of smart cities worldwide, the integration of human-machine interface (HMI) technologies in smart locks, and increasing applications of smart security in residential and commercial sectors.
The smart lock market is segmented as below:
By Technology
- WiFi
- Bluetooth
- Zigbee
- Z-wave
By End-user
- Commercial
- Residential
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the smart lock market covers the following areas:
- Smart lock market sizing
- Smart lock market forecast
- Smart lock market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global smart lock market: ASSA ABLOY AB, Be Tech Asia Ltd., Carrier Global Corp., dorsetindia.com, Honeywell International Inc., I Leaf Buildpro Pvt Ltd., iF International Forum Design GmbH, iLockey, Jainson Locks, Napco Security Technologies Inc., Salto Systems SL, Samsung Electronics Co. Ltd., SOLITY Co Ltd., Spectrum Brands Holdings Inc., Tekno Electro Solutions Pvt Ltd, Vivint Inc., Yale India, Davcor Group Pty Ltd, Dormakaba Holding AG, and Allegion Public Ltd. Co..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is integration with voice assistants and smart home ecosystems.'
According to the report, one of the major drivers for this market is the growing number of smart cities worldwide.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASSA ABLOY AB
- Be Tech Asia Ltd.
- Carrier Global Corp.
- dorsetindia.com
- Honeywell International Inc.
- I Leaf Buildpro Pvt Ltd.
- iF International Forum Design GmbH
- iLockey
- Jainson Locks
- Napco Security Technologies Inc.
- Salto Systems SL
- Samsung Electronics Co. Ltd.
- SOLITY Co Ltd.
- Spectrum Brands Holdings Inc.
- Tekno Electro Solutions Pvt Ltd
- Vivint Inc.
- Yale India
- Davcor Group Pty Ltd
- Dormakaba Holding AG
- Allegion Public Ltd. Co.
