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

  • ID: 5147179
  • Report
  • August 2020
  • Region: Europe
  • 85 pages
  • The Insight Partners
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until Jan 31st 2021
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FEATURED COMPANIES

  • August Home
  • Gantner Electronic GmbH
  • Havenlock Inc
  • Samsung
  • Schlage
  • U-tech Group Inc
  • MORE
The Europe Smart Locks market was valued at US$ 401.9 million in 2019 and is projected to reach US$ 1208.7 million by 2027; it is expected to grow at a CAGR of 15.1% 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 Europe 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 Europe Smart Locks market. Gantner Electronic GmbH, Schlage, Wyze Labs Inc are among the key players serving the Smart Locks market in Europe.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • August Home
  • Gantner Electronic GmbH
  • Havenlock Inc
  • Samsung
  • Schlage
  • U-tech Group Inc
  • MORE
1. Introduction
1.1 Study Scope
1.2 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 Europe
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 Positive Impact of Smartphone on Smart Locks
5.1.2 Increase in Demand for Home Automation
5.2 Market Restraints
5.2.1 Lack of Awareness in Underdeveloped and Developed Economies
5.3 Market Opportunities
5.3.1 Growing 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 - Europe Analysis
6.1 Smart Locks Market Europe Overview
6.2 Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)

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 Europe: Smart Locks Market, by Key Country
10.1.1.1 Germany: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Germany: Smart Locks Market, by Type
10.1.1.1.2 Germany: Smart Locks Market, by Communication Technology
10.1.1.1.3 Germany: Smart Locks Market, by Application
10.1.1.2 France: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 France: Smart Locks Market, by Type
10.1.1.2.2 France: Smart Locks Market, by Communication Technology
10.1.1.2.3 France: Smart Locks Market, by Application
10.1.1.3 Italy: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Italy: Smart Locks Market, by Type
10.1.1.3.2 Italy: Smart Locks Market, by Communication Technology
10.1.1.3.3 Italy: Smart Locks Market, by Application
10.1.1.4 UK: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 UK: Smart Locks Market, by Type
10.1.1.4.2 UK: Smart Locks Market, by Communication Technology
10.1.1.4.3 UK: Smart Locks Market, by Application
10.1.1.5 Russia: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 Russia: Smart Locks Market, by Type
10.1.1.5.2 Russia: Smart Locks Market, by Communication Technology
10.1.1.5.3 Russia: Smart Locks Market, by Application
10.1.1.6 Rest of Europe: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of Europe: Smart Locks Market, by Type
10.1.1.6.2 Rest of Europe: Smart Locks Market, by Communication Technology
10.1.1.6.3 Rest of Europe: Smart Locks Market, by Application

11. Impact of COVID-19 Pandemic on Smart Locks Market
11.1 Overview
11.2 Europe

12. Europe 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

List of Tables
Table 1. Smart Locks Market – Revenue and Forecast to 2027 (US$ Billion)
Table 2. Europe: Smart Locks Market, by Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany: Smart Locks Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany: Smart Locks Market, by Communication Technology –Revenue and Forecast to 2027 (US$ Million)
Table 5. Germany: Smart Locks Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 6. France: Smart Locks Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. France: Smart Locks Market, by Communication Technology –Revenue and Forecast to 2027 (US$ Million)
Table 8. France: Smart Locks Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 9. Italy: Smart Locks Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. Italy: Smart Locks Market, by Communication Technology –Revenue and Forecast to 2027 (US$ Million)
Table 11. Italy: Smart Locks Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 12. UK: Smart Locks Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. UK: Smart Locks Market, by Communication Technology –Revenue and Forecast to 2027 (US$ Million)
Table 14. UK: Smart Locks Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 15. Russia: Smart Locks Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 16. Russia: Smart Locks Market, by Communication Technology –Revenue and Forecast to 2027 (US$ Million)
Table 17. Russia: Smart Locks Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of Europe: Smart Locks Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of Europe: Smart Locks Market, by Communication Technology –Revenue and Forecast to 2027 (US$ Million)
Table 20. Rest of Europe: Smart Locks Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 21. List of Abbreviation

List of Figures
Figure 1. Smart Locks Market Segmentation
Figure 2. Smart Locks Market Segmentation – By Country
Figure 3. Europe Smart Locks Market Overview
Figure 4. Deadbolts Segment Holds the Largest Market Share
Figure 5. Residential Segment Holds the Largest Market Share
Figure 6. Europe – PEST Analysis
Figure 7. Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Smart Locks Market Impact Analysis of Drivers and Restraints
Figure 10. Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Smart Locks Market Breakdown, by Component (2019 and 2027)
Figure 12. Padlocks: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Deadbolts: Smart Locks Market –Revenue and Forecast to 2027 (US$ Million)
Figure 14. Lever Handle: Smart Locks Market –Revenue and Forecast to 2027 (US$ Million)
Figure 15. Others: Smart Locks Market –Revenue and Forecast to 2027 (US$ Million)
Figure 16. Smart Locks Market Breakdown, by Communication Technology (2019 and 2027)
Figure 17. Wi-Fi: Smart Locks Market –Revenue and Forecast to 2027 (US$ Million)
Figure 18. Bluetooth Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. NFC: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Others: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Smart Locks Market Breakdown, by Application (2019 and 2027)
Figure 22. Residential: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Commercial: SMART LOCKS Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Industrial: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Europe: Smart Locks Market Revenue Share, By Key Country (2019 and 2027)
Figure 26. Germany: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. France: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Italy: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. UK: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Russia: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Rest of Europe: Smart Locks Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in Europe Country Markets
Note: Product cover images may vary from those shown
3 of 3
  • Havenlock Inc
  • Honeywell International Inc
  • August Home
  • Wyze Labs, Inc.
  • Samsung
  • Honeywell International Inc.
  • U-tech Group Inc
  • Schlage
  • Gantner Electronic GmbH
Note: Product cover images may vary from those shown
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