Smart Lock Market Size and Analysis Report 2023-2028

Report Overview:
The Global Smart Door Lock Market Size was estimated at USD 1,172.5 million in 2022 and is projected to reach USD 4,449.2 million by 2027, exhibiting a CAGR of 18.4% during the forecast period. The rising smart home adoption across the globe and an influx of companies coming up with innovative home automation technologies are also responsible for the growing smart lock demand. Industry players focus on offering commercially viable products and developing advanced techniques, including remote locking/unlocking of entrances, doors, and windows. Moreover, since the number of households with voice assistants is continuously increasing, manufacturers are integrating their offerings with such devices, enabling the locks to be voice-controlled. Such innovations are expected to result in considerable traction among customers since they are increasingly seeking advanced and convenient locking/unlocking procedures.
The Global Smart Lock Market Size was estimated at USD 1128.06 million in 2021 and is projected to reach USD 5656.04 million by 2028, exhibiting a CAGR of 25.47% during the forecast period.
This 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, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Lock Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Lock market in any manner.
Global Smart Lock Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company
•ASSA ABLOY
•Allegion
•Dormakaba Group
•Spectrum Brands
•Samsung
•MIWA Lock
•Master Lock
•KAADAS
•LOOCK
•DESSMANN
•Guangdong Sakura Smart
•Honeywell
•Guangdong Be-Tech
•SALTO
•Nello
•Locstar Technology Co., Ltd
•ORVIBO
•Guangdong AP Tenon Sci.& Tech.Co.,Ltd.
•Hune
•Guangdong Level Intelligent Lock Industrial Co., Ltd.

Market Segmentation (by Type)
•Fingerprint Locks
•Electronic Cipher Locks
•Face Recognition Lock
•Others

Market Segmentation (by Application)
•Household
•Commercial

Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Smart Lock Market
• Overview of the regional outlook of the Smart Lock Market:

Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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Chapter Outline:
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Smart Lock Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.

FAQ

The Smart Lock market research report includes specific segments by region (country), i.e. North America, Europe, Asia Pacific, South America, Middle East and Africa

The Smart Lock market report provides global companies with an opportunity to enter new markets, invest in new sectors, analyze consumer reactions, investigate global competition, and ultimately make smart investments.

Smart Lock report covers the latest market developments in terms of acquisitions, growth strategies, joint ventures and collaborations, new product launches, and more on industry.

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TABLE OF CONTENTS
1 Research Methodology and Statistical Scope 1
1.1 Market Definition and Statistical Scope of Smart Lock 1
1.2 Key Market Segments 1
1.2.1 Smart Lock Segment by Type 1
1.2.2 Smart Lock Segment by Application 2
1.3 Methodology & Sources of Information 3
1.3.1 Research Methodology 3
1.3.2 Research Process 4
1.3.3 Market Breakdown and Data Triangulation 5
1.3.4 Base Year 5
1.3.5 Report Assumptions & Caveats 6
2 Smart Lock Market Overview 8
2.1 Global Market Overview 8
2.1.1 Global Smart Lock Market Size (M USD) Estimates and Forecasts (2017-2028) 8
2.1.2 Global Smart Lock Sales Estimates and Forecasts (2017-2028) 9
2.2 Market Segment Executive Summary 9
2.3 Global Market Size by Region 11
3 Smart Lock Market Competitive Landscape 13
3.1 Global Smart Lock Sales by Manufacturers (2017-2022) 13
3.2 Global Smart Lock Revenue Market Share by Manufacturers (2017-2022) 15
3.3 Smart Lock Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 16
3.4 Global Smart Lock Average Price by Manufacturers (2017-2022) 17
3.5 Manufacturers Smart Lock Sales Sites, Area Served, Product Type 18
3.6 Smart Lock Market Competitive Situation and Trends 19
3.6.1 Smart Lock Market Concentration Rate 19
3.6.2 Global 5 and 10 Largest Smart Lock Players Market Share by Revenue 21
3.6.3 Mergers & Acquisitions, Expansion 21
4 Smart Lock Industry Chain Analysis 22
4.1 Smart Lock Industry Chain Analysis 22
4.2 Market Overview and Market Concentration Analysis of Key Raw Materials 22
4.3 Midstream Market Analysis 23
4.4 Downstream Customer Analysis 23
5 The Development and Dynamics of Smart Lock Market 25
5.1 Key Development Trends 25
5.2 Driving Factors 25
5.3 Market Challenges 25
5.4 Market Restraints 26
5.5 Industry News 26
5.5.1 New Product Developments 26
5.5.2 Mergers & Acquisitions 26
5.5.3 Expansions 26
5.5.4 Collaboration/Supply Contracts 26
5.6 Industry Policies 26
6 Smart Lock Market Segmentation by Type 27
6.1 Evaluation Matrix of Segment Market Development Potential (Type) 27
6.2 Global Smart Lock Sales Market Share by Type (2017-2022) 28
6.3 Global Smart Lock Market Size Market Share by Type (2017-2022) 29
6.4 Global Smart Lock Price by Type (2017-2022) 30
7 Smart Lock Market Segmentation by Application 31
7.1 Evaluation Matrix of Segment Market Development Potential (Application) 31
7.2 Global Smart Lock Market Sales by Application (2017-2022) 32
7.3 Global Smart Lock Market Size (M USD) by Application (2017-2022) 33
7.4 Global Smart Lock Sales Growth Rate by Application (2017-2022) 34
8 Smart Lock Market Segmentation by Region 35
8.1 Global Smart Lock Sales by Region 35
8.1.1 Global Smart Lock Sales by Region 35
8.1.2 Global Smart Lock Sales Market Share by Region 35
8.2 North America 36
8.2.1 North America Smart Lock Sales by Country 36
8.2.2 U.S. 37
8.2.3 Canada 37
8.2.4 Mexico 37
8.3 Europe 37
8.3.1 Europe Smart Lock Sales by Country 38
8.3.2 Germany 38
8.3.3 France 38
8.3.4 U.K. 38
8.3.5 Italy 39
8.3.6 Russia 39
8.4 Asia Pacific 39
8.4.1 Asia Pacific Smart Lock Sales by Region 39
8.4.2 China 40
8.4.3 Japan 40
8.4.4 South Korea 40
8.4.5 India 40
8.4.6 Southeast Asia 40
8.5 South America 40
8.5.1 South America Smart Lock Sales by Country 41
8.5.2 Brazil 41
8.5.3 Argentina 41
8.5.4 Columbia 41
8.6 Middle East and Africa 41
8.6.1 Middle East and Africa Smart Lock Sales by Region 42
8.6.2 Saudi Arabia 42
8.6.3 UAE 42
8.6.4 Egypt 42
8.6.5 Nigeria 43
8.6.6 South Africa 43
9 Key Companies Profiled 44
9.1 ASSA ABLOY 44
9.1.1 ASSA ABLOY Smart Lock Basic Information 44
9.1.2 ASSA ABLOY Smart Lock Product Overview 44
9.1.3 ASSA ABLOY Smart Lock Product Market Performance 44
9.1.4 ASSA ABLOY Business Overview 45
9.1.5 ASSA ABLOY Smart Lock SWOT Analysis 45
9.1.6 ASSA ABLOY Recent Developments 45
9.2 Allegion 46
9.2.1 Allegion Smart Lock Basic Information 46
9.2.2 Allegion Smart Lock Product Overview 46
9.2.3 Allegion Smart Lock Product Market Performance 46
9.2.4 Allegion Business Overview 47
9.2.5 Allegion Smart Lock SWOT Analysis 47
9.2.6 Allegion Recent Developments 47
9.3 Dormakaba Group 47
9.3.1 Dormakaba Group Smart Lock Basic Information 47
9.3.2 Dormakaba Group Smart Lock Product Overview 48
9.3.3 Dormakaba Group Smart Lock Product Market Performance 48
9.3.4 Dormakaba Group Business Overview 48
9.3.5 Dormakaba Group Smart Lock SWOT Analysis 49
9.3.6 Dormakaba Group Recent Developments 49
9.4 Spectrum Brands 49
9.4.1 Spectrum Brands Smart Lock Basic Information 49
9.4.2 Spectrum Brands Smart Lock Product Overview 50
9.4.3 Spectrum Brands Smart Lock Product Market Performance 50
9.4.4 Spectrum Brands Business Overview 50
9.4.5 Spectrum Brands Smart Lock SWOT Analysis 50
9.4.6 Spectrum Brands Recent Developments 51
9.5 Samsung 51
9.5.1 Samsung Smart Lock Basic Information 51
9.5.2 Samsung Smart Lock Product Overview 51
9.5.3 Samsung Smart Lock Product Market Performance 52
9.5.4 Samsung Business Overview 52
9.5.5 Samsung Smart Lock SWOT Analysis 52
9.5.6 Samsung Recent Developments 52
9.6 MIWA Lock 53
9.6.1 MIWA Lock Smart Lock Basic Information 53
9.6.2 MIWA Lock Smart Lock Product Overview 53
9.6.3 MIWA Lock Smart Lock Product Market Performance 53
9.6.4 MIWA Lock Business Overview 54
9.6.5 MIWA Lock Recent Developments 54
9.7 Master Lock 54
9.7.1 Master Lock Smart Lock Basic Information 54
9.7.2 Master Lock Smart Lock Product Overview 55
9.7.3 Master Lock Smart Lock Product Market Performance 55
9.7.4 Master Lock Business Overview 55
9.7.5 Master Lock Recent Developments 55
9.8 KAADAS 56
9.8.1 KAADAS Smart Lock Basic Information 56
9.8.2 KAADAS Smart Lock Product Overview 56
9.8.3 KAADAS Smart Lock Product Market Performance 56
9.8.4 KAADAS Business Overview 57
9.8.5 KAADAS Recent Developments 57
9.9 LOOCK 57
9.9.1 LOOCK Smart Lock Basic Information 57
9.9.2 LOOCK Smart Lock Product Overview 58
9.9.3 LOOCK Smart Lock Product Market Performance 58
9.9.4 LOOCK Business Overview 58
9.9.5 LOOCK Recent Developments 58
9.10 DESSMANN 59
9.10.1 DESSMANN Smart Lock Basic Information 59
9.10.2 DESSMANN Smart Lock Product Overview 59
9.10.3 DESSMANN Smart Lock Product Market Performance 59
9.10.4 DESSMANN Business Overview 60
9.10.5 DESSMANN Recent Developments 60
9.11 Guangdong Sakura Smart 60
9.11.1 Guangdong Sakura Smart Smart Lock Basic Information 60
9.11.2 Guangdong Sakura Smart Smart Lock Product Overview 61
9.11.3 Guangdong Sakura Smart Smart Lock Product Market Performance 61
9.11.4 Guangdong Sakura Smart Business Overview 61
9.11.5 Guangdong Sakura Smart Recent Developments 61
9.12 Honeywell 62
9.12.1 Honeywell Smart Lock Basic Information 62
9.12.2 Honeywell Smart Lock Product Overview 62
9.12.3 Honeywell Smart Lock Product Market Performance 62
9.12.4 Honeywell Business Overview 63
9.12.5 Honeywell Recent Developments 63
9.13 Guangdong Be-Tech 63
9.13.1 Guangdong Be-Tech Smart Lock Basic Information 63
9.13.2 Guangdong Be-Tech Smart Lock Product Overview 64
9.13.3 Guangdong Be-Tech Smart Lock Product Market Performance 64
9.13.4 Guangdong Be-Tech Business Overview 64
9.13.5 Guangdong Be-Tech Recent Developments 64
9.14 SALTO 65
9.14.1 SALTO Smart Lock Basic Information 65
9.14.2 SALTO Smart Lock Product Overview 65
9.14.3 SALTO Smart Lock Product Market Performance 65
9.14.4 SALTO Business Overview 66
9.14.5 SALTO Recent Developments 66
9.15 Nello 66
9.15.1 Nello Smart Lock Basic Information 66
9.15.2 Nello Smart Lock Product Overview 67
9.15.3 Nello Smart Lock Product Market Performance 67
9.15.4 Nello Business Overview 67
9.15.5 Nello Recent Developments 67
9.16 Locstar Technology Co., Ltd 68
9.16.1 Locstar Technology Co., Ltd Smart Lock Basic Information 68
9.16.2 Locstar Technology Co., Ltd Smart Lock Product Overview 68
9.16.3 Locstar Technology Co., Ltd Smart Lock Product Market Performance 68
9.16.4 Locstar Technology Co., Ltd Business Overview 69
9.16.5 Locstar Technology Co., Ltd Recent Developments 69
9.17 ORVIBO 69
9.17.1 ORVIBO Smart Lock Basic Information 69
9.17.2 ORVIBO Smart Lock Product Overview 70
9.17.3 ORVIBO Smart Lock Product Market Performance 70
9.17.4 ORVIBO Business Overview 70
9.17.5 ORVIBO Recent Developments 70
9.18 Hune 72
9.18.1 Hune Smart Lock Basic Information 72
9.18.2 Hune Smart Lock Product Overview 73
9.18.3 Hune Smart Lock Product Market Performance 73
9.18.4 Hune Business Overview 73
9.18.5 Hune Recent Developments 73
9.19 Guangdong Level Intelligent Lock Industrial Co., Ltd. 74
9.19.1 Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Basic Information 74
9.19.2 Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Product Overview 74
9.19.3 Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Product Market Performance 74
9.19.4 Guangdong Level Intelligent Lock Industrial Co., Ltd. Business Overview 75
9.19.5 Guangdong Level Intelligent Lock Industrial Co., Ltd. Recent Developments 75
10 Smart Lock Market Forecast by Region 106
10.1 Global Smart Lock Market Size Forecast 106
10.2 Global Smart Lock Market Forecast by Region 106
10.2.1 North America Market Size Forecast by Country 107
10.2.2 Europe Smart Lock Market Size Forecast by Country 108
10.2.3 Asia Pacific Smart Lock Market Size Forecast by Region 108
10.2.4 South America Smart Lock Market Size Forecast by Country 109
10.2.5 Middle East and Africa Forecasted Consumption of Smart Lock by Country 109
11 Forecast Market by Type and by Application (2022-2028) 111
11.1 Global Smart Lock Market Forecast by Type (2022-2028) 111
11.1.1 Global Forecasted Sales of Smart Lock by Type (2022-2028) 111
11.1.2 Global Smart Lock Market Size Forecast by Type (2022-2028) 111
11.1.3 Global Forecasted Price of Smart Lock by Type (2022-2028) 112
11.2 Global Smart Lock Market Forecast by Application (2022-2028) 112
11.2.1 Global Smart Lock Sales (K Units) Forecast by Application 112
11.2.2 Global Smart Lock Market Size (M USD) Forecast by Application (2022-2028) 113
12 Conclusion and Key Findings 114

Tables and Figures
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Key Players
•ASSA ABLOY
•Allegion
•Dormakaba Group
•Spectrum Brands
•Samsung
•MIWA Lock
•Master Lock
•KAADAS
•LOOCK
•DESSMANN
•Guangdong Sakura Smart
•Honeywell
•Guangdong Be-Tech
•SALTO
•Nello
•Locstar Technology Co., Ltd
•ORVIBO
•Guangdong AP Tenon Sci.& Tech.Co.,Ltd.
•Hune
•Guangdong Level Intelligent Lock Industrial Co., Ltd.

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