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North America Smart Locks Market to 2027- COVID-19 Impact and Analysis by Type (Padlocks, Deadbolt, Lever Handle, Others), Communication Technology (Wi-Fi, Bluetooth, NFC, Others), Application (Residential, Commercial, Industrial), and Country

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    Report

  • 126 Pages
  • August 2020
  • Region: North America
  • The Insight Partners
  • ID: 5138126
UP TO OFF until Dec 31st 2024
The North America Smart Locks market was valued at US$ 529.7 million in 2019 and is projected to reach US$ 1282.5 million by 2027; it is expected to grow at a CAGR of 11.9% from 2020 to 2027. A steady growth in the adoption of portable security devices, a rise in security threats, and the development of smart cities are some of the other factors driving the smart locks market. Nevertheless, the high cost of devices, misplace of smartphones, and fear of privacy intrusion are expected to hinder the market growth. Additionally, the emerging popularity of smart technology is projected to offer new opportunities for the smart locks manufacturers during the forecast period.

With the rising trend of autonomous vehicle across the globe, the demand for innovative and smart locks for the cars is increasing. The manufacturers are focusing on the development and integration of digital keys for the cars by adopting the ultra-wideband (UWB) technology. The combination of ultra-wideband technology in the smart keys offers better precision, security, and real-time localization proficiencies unsurpassed by other wireless technologies that include Bluetooth, Wi-Fi, and GPS.

The overall North America Smart Locks market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Smart Locks market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America Smart Locksmarket. Gantner Electronic GmbH, Schlage, Wyze Labs Inc are among the key players serving the Smart Locks market in Europe.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Smart Locks Market - By Type
1.3.2 Smart Locks Market - By Communication Technology
1.3.3 Smart Locks Market - By Application
1.3.4 Smart Locks Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Smart Locks Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 FiRa and CCC keys as future technology
5. Smart Locks Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Usage of Smartphone
5.1.2 Increase in Usefulness for Home Automation
5.2 Market Restraints
5.2.1 Lack of Awareness of Smart Locks
5.3 Market Opportunities
5.3.1 Rise in Adoption of IoT in Security Systems
5.4 Future Trends
5.4.1 Voice-Controlled Technology Combination in Smart Locks for Enhanced Capabilities
5.5 Impact Analysis of Drivers and Restraints
6. Smart Locks Market - North America Analysis
6.1 Smart Locks Market - Revenue and Forecast to 2027 (US$ Billion)
7. Smart Locks Market Analysis - By Component
7.1 Overview
7.2 Smart Locks Market Breakdown, by Component, 2019 & 2027
7.3 Padlocks
7.3.1 Overview
7.3.2 Padlocks: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
7.4 Deadbolts
7.4.1 Overview
7.4.2 Deadbolts: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Lever Handle
7.5.1 Overview
7.5.2 Lever Handle: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
8. Smart Locks Market Analysis - By Communication Technology
8.1 Overview
8.2 Smart Locks Market Breakdown, by Communication Technology, 2019 & 2027
8.3 Wi-Fi
8.3.1 Overview
8.3.2 Wi-Fi: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
8.4 Bluetooth
8.4.1 Overview
8.4.2 Bluetooth: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
8.5 NFC
8.5.1 Overview
8.5.2 NFC: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
9. Smart Locks Market Analysis - By Application
9.1 Overview
9.2 Smart Locks Market Breakdown, by Application, 2019 & 2027
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: SMART LOCKS Market -Revenue and Forecast to 2027 (US$ Million)
9.5 Industrial
9.5.1 Overview
9.5.2 Industrial: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
10. Smart Locks Market -Country Analysis
10.1.1 North America: Smart Locks Market, by Key Country
10.1.1.1 US: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 US: Smart Locks Market, by Type
10.1.1.1.2 US: Smart Locks Market, by Communication Technology
10.1.1.1.3 US: Smart Locks Market, by Application
10.1.1.2 Canada: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Canada: Smart Locks Market, by Type
10.1.1.2.2 Canada: Smart Locks Market, by Communication Technology
10.1.1.2.3 Canada: Smart Locks Market, by Application
10.1.1.3 Mexico: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Mexico: Smart Locks Market, by Type
10.1.1.3.2 Mexico: Smart Locks Market, by Communication Technology
10.1.1.3.3 Mexico: Smart Locks Market, by Application
11. Impact of COVID-19 Pandemic on Smart Locks Market
11.1 Overview
11.2 North America
12. North America Smart Locks Market-Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 HavenLock, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Honeywell International Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 August Home
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Samsung
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Vivint Smart Home, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Wyze Labs, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 U-tec Group Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Schlage
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 GANTNER Electronic GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index

Companies Mentioned

  • Havenlock Inc
  • Honeywell International Inc
  • August Home
  • Wyze Labs, Inc.
  • Samsung
  • Honeywell International Inc.
  • U-tech Group Inc
  • Schlage
  • Gantner Electronic GmbH