Smart Lock Market Size, Share, Industry Analysis, Trends, Growth, 2030

Smart Lock Market

Smart Lock Market By Type (Deadbolt, Padlock, and Lever Handle), By Application (Residential, Enterprise, and Hospitality), and By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 - 2030

Category: Technology & Media Report Format : PDF Pages: 218 Report Code: ZMR-4888 Published Date: Jul-2023 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 3000 Million USD 8000 Million 20% 2022

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  • Chapter 2. Executive Summary
    • 2.1. Global Smart Lock Market, 2016-2026, (USD Million)
    • 2.2. Smart Lock Market: Market snapshot
  • Chapter 3. Global Smart Lock Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. Growing Security and Safety Concerns
    • 3.5. Restraints
      • 3.5.1. High Cost and Perception of Unreliability
    • 3.6. Opportunity
      • 3.6.1. Increasing Adoption of IOT-Based Security Systems
    • 3.7. Innovation & sustainability
    • 3.8. Regulatory landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTEL Analysis
      • 3.11. Smart Lock Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Lock Type Segment
      • 3.11.2. Market Attractiveness Analysis by Technology Segment
      • 3.11.3. Market Attractiveness Analysis by Vertical Segment
      • 3.11.4. Market Attractiveness Analysis by Regional Segment
  • Chapter 4. Global Smart Lock Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Lock Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
  • Chapter 5. Global Smart Lock Market - Lock Type Segment Analysis
    • 5.1. Global Smart Lock Market Revenue Share, by Lock Type, 2019 & 2026 (USD Million)
    • 5.2. Global Smart Lock Market by Padlocks, 2016 - 2026 (USD Million)
    • 5.3. Global Smart Lock Market by Lever Handles, 2016 - 2026 (USD Million)
    • 5.4. Global Smart Lock Market by Deadbolt, 2016 - 2026 (USD Million)
    • 5.5. Global Smart Lock Market by Other Locks, 2016 - 2026 (USD Million)
  • Chapter 6. Global Smart Lock Market - Technology Segment Analysis
    • 6.1. Global Smart Lock Market Revenue Share, by Technology, 2019 & 2026 (USD Million)
    • 6.2. Global Smart Lock Market by Bluetooth, 2016 - 2026 (USD Million)
    • 6.3. Global Smart Lock Market by Wi-Fi, 2016 - 2026 (USD Million)
    • 6.4. Global Smart Lock Market by Others, 2016 - 2026 (USD Million)
  • Chapter 7. Global Smart Lock Market - Vertical Segment Analysis
    • 7.1. Global Smart Lock Market by Commercial, 2016 - 2026 (USD Million)
    • 7.2. Global Smart Lock Market by Residential, 2016 - 2026 (USD Million)
    • 7.3. Global Smart Lock Market by Industrial, 2016 - 2026 (USD Million)
  • Chapter 8. Global Smart Lock Market - Regional Analysis
    • 8.1. Global Smart Lock Market: Regional Overview
      • 8.1.1. Global Smart Lock Market Revenue Share, By Region, 2019 & 2026 (USD Million)
    • 8.2. North America
      • 8.2.1. North America Smart Lock Market Revenue 2016 - 2026 (USD Million)
      • 8.2.2. North America Smart Lock Market Revenue, By Lock Type, 2016 - 2026 (USD Million)
      • 8.2.3. North America Smart Lock Market Revenue, By Technology, 2016 - 2026 (USD Million)
      • 8.2.4. North America Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
      • 9. U.S. Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
        • 10. U.S. Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
        • 11. U.S. Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
      • 11.1.1. Canada
        • 12. Canada Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
        • 13. Canada Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
        • 14. Canada Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
      • 14.1.1. Mexico
        • 15. Mexico Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
        • 16. Mexico Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
        • 17. Mexico Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
  • 17.1. Europe
    • 17.1.1. Europe Smart Lock Market Revenue 2016 - 2026 (USD Million)
    • 17.1.2. Europe Smart Lock Market Revenue, By Lock Type, 2016 - 2026 (USD Million)
    • 17.1.3. Europe Smart Lock Market Revenue, By Technology, 2016 - 2026 (USD Million)
    • 17.1.4. Europe Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 17.1.5. UK
      • 18. UK Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 19. UK Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 20. UK Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 20.1.1. France
      • 21. France Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 22. France Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 23. France Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 23.1.1. Germany
      • 24. Germany Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 25. Germany Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 26. Germany Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
  • 26.1. Asia Pacific
    • 26.1.1. Asia Pacific Smart Lock Market Revenue 2016 - 2026 (USD Million)
    • 26.1.2. Asia Pacific Smart Lock Market Revenue, By Lock Type, 2016 - 2026 (USD Million)
    • 26.1.3. Asia Pacific Smart Lock Market Revenue, By Technology, 2016 - 2026 (USD Million)
    • 26.1.4. Asia Pacific Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 26.1.5. China
      • 27. China Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 28. China Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 29. Chian Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 29.1.1. Japan
      • 30. Japan Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 31. Japan Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 32. Japan Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 32.1.1. India
      • 33. India Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 34. India Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 35. India Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 35.1.1. Rest of Asia Pacific
      • 36. Rest of Asia Pacific Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 37. Rest of Asia Pacific Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 38. Rest of Asia Pacific Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
  • 38.1. Latin America
    • 38.1.1. Latin America Smart Lock Market Revenue 2016 - 2026 (USD Million)
    • 38.1.2. Latin America Smart Lock Market Revenue, By Lock Type, 2016 - 2026 (USD Million)
    • 38.1.3. Latin America Smart Lock Market Revenue, By Technology, 2016 - 2026 (USD Million)
    • 38.1.4. Latin America Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 38.1.5. Brazil
      • 39. Brazil Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 40. Brazil Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 41. Brazil Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
    • 41.1.1. Rest of Latin America
      • 42. Rest of Latin America Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
      • 43. Rest of Latin America Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
      • 44. Rest of Latin America Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
  • 44.1. Middle East & Africa
    • 45. Middle East & Africa Smart Lock Market Revenue 2016 - 2026 (USD Million)
    • 46. Middle East & Africa Smart Lock Market Revenue, by Lock Type, 2016 - 2026 (USD Million)
    • 47. Middle East & Africa Smart Lock Market Revenue, by Technology, 2016 - 2026 (USD Million)
    • 48. Middle East & Africa Smart Lock Market Revenue, By Vertical, 2016 - 2026 (USD Million)
  • Chapter 9. Company Profiles
    • 49.1. Allegion Plc
      • 49.1.1. Overview
      • 49.1.2. Financials
      • 49.1.3. Lock Type portfolio
      • 49.1.4. Business strategy
      • 49.1.5. Recent developments
    • 49.2. ASSA ABLOY AB
      • 49.2.1. Overview
      • 49.2.2. Financials
      • 49.2.3. Lock Type portfolio
      • 49.2.4. Business strategy
      • 49.2.5. Recent developments
    • 49.3. Spectrum Brands Holdings, Inc.
      • 49.3.1. Overview
      • 49.3.2. Financials
      • 49.3.3. Lock Type portfolio
      • 49.3.4. Business strategy
      • 49.3.5. Recent developments
    • 49.4. Onity, Inc.
      • 49.4.1. Overview
      • 49.4.2. Financials
      • 49.4.3. Lock Type portfolio
      • 49.4.4. Business strategy
      • 49.4.5. Recent developments
    • 49.5. Salto Systems S.L.
      • 49.5.1. Overview
      • 49.5.2. Financials
      • 49.5.3. Lock Type portfolio
      • 49.5.4. Business strategy
      • 49.5.5. Recent developments
    • 49.6. Gantner Electronic GmbH
      • 49.6.1. Overview
      • 49.6.2. Financials
      • 49.6.3. Lock Type portfolio
      • 49.6.4. Business strategy
      • 49.6.5. Recent developments
    • 49.7. Cansec Systems Ltd.
      • 49.7.1. Overview
      • 49.7.2. Financials
      • 49.7.3. Lock Type portfolio
      • 49.7.4. Business strategy
      • 49.7.5. Recent developments
    • 49.8. MIWA Lock Co.
      • 49.8.1. Overview
      • 49.8.2. Financials
      • 49.8.3. Lock Type portfolio
      • 49.8.4. Business strategy
      • 49.8.5. Recent developments
    • 49.9. Master Lock Company LLC
      • 49.9.1. Overview
      • 49.9.2. Financials
      • 49.9.3. Lock Type portfolio
      • 49.9.4. Business strategy
      • 49.9.5. Recent developments

Table Of Figures

List of Figures 

1. Global Smart Lock Market Segmentation by Lock Type, Technology, and Geography
2. Global Smart Lock Market, 2019-2026 (USD Million)
3. Porter’s Five Forces Analysis: Smart Lock Market
4. Global Smart Lock Market Attractiveness, by Lock Type
5. Global Smart Lock Market Attractiveness, by Technology
6. Global Smart Lock Market Attractiveness, by Regional
7. Global Smart Lock Market Revenue Share, by Lock Type, 2019 & 2026 (USD Million)
8. Global Smart Lock Market by Padlocks, 2016 – 2026 (USD Million)
9. Global Smart Lock Market by Lever Handles, 2016 – 2026 (USD Million)
10. Global Smart Lock Market Deadbolt, 2016 – 2026 (USD Million)
11. Global Smart Lock Market by Other Locks, 2016 – 2026 (USD Million)
12. Global Smart Lock Market Revenue Share, by Technology, 2019 & 2026 (USD Million)
13. Global Smart Lock Market by Bluetooth, 2016 – 2026 (USD Million)
14. Global Smart Lock Market by Wi-Fi, 2016 – 2026 (USD Million)
15. Global Smart Lock Market by Others, 2016 – 2026 (USD Million)
16. Global Smart Lock Market by Vertical, 2016 – 2026 (USD Million)
17. Global Smart Lock Market by Commercial, 2016 – 2026 (USD Million)
18. Global Smart Lock Market by Residential, 2016 – 2026 (USD Million)
19. Global Smart Lock Market by Industrial, 2016 – 2026 (USD Million)
20. Global Smart Lock Market Revenue Share, by Region, 2019-2026 (USD Million)
21. North America Smart Lock Market, 2016-2026, (USD Million)
22. Europe smart lock market, 2016-2026, (USD Million)
23. Asia Pacific Smart Lock Market, 2016-2026(USD Million)
24. Latin America Smart Lock Market, 2016 – 2026 (USD Million)
25. Middle East & Africa Smart Lock Market, 2016 – 2026, (USD Million)


Table Of Tables

List of Tables

1. Global smart lock market snapshot
2. Drivers for smart lock market: Impact analysis
3. Restraints of smart lock market: Impact analysis
4. North America Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
5. North America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
6. North America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
7. North America Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
8. U.S. Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
9. U.S. Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
10. U.S. Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
11. Canada Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
12. Canada Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
13. Canada Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
14. Mexico Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
15. Mexico Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
16. Mexico Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
17. Europe Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
18. Europe Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
19. Europe Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
20. UK Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
21. UK Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
22. UK Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
23. France Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
24. France Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
25. France Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
26. Germany Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
27. Germany Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
28. Germany Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
29. Rest of Europe Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
30. Rest of Europe Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
31. Rest of Europe Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
32. Asia Pacific Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
33. Asia Pacific Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
34. Asia Pacific Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
35. China Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
36. China Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
37. China Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
38. Japan Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
39. Japan Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
40. Japan Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
41. India Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
42. India Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
43. India Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
44. South Korea Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
45. South Korea Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
46. South Korea Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
47. Rest of Asia Pacific Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
48. Rest of Asia Pacific Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
49. Rest of Asia Pacific Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
50. Latin America Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
51. Latin America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
52. Latin America Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
53. Brazil Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
54. Brazil Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
55. Brazil Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
56. Rest of Latin America Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
57. Rest of Latin America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
58. Rest of Latin America Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
59. Middle East & Africa Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million) 
60. Middle East & Africa Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
61. Middle East & Africa Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)

Methodology

FrequentlyAsked Questions

A smart lock is an electromechanical equipment enabling the users to remotely access and unlock the lock for entering the premises. Moreover, a smart lock can be accessed by connecting it to a smartphone as well as other smart equipment through a slew of communication systems such as Z-Wave, Wi-Fi, Zigbee, and Bluetooth. Furthermore, the evolution of new technologies such as connected things and artificial intelligence is likely to help the demand for smart locks gain momentum globally.        

The global smart lock market growth is owing to a prominent surge in households with voice assistants is increasing rapidly and producers of smart locks are trying to develop products that can help voice control the lock functionality.

According to a study, the global smart lock market size was $3000 million in 2022 and is projected to reach $8000 million by the end of 2030.

The global smart lock market is anticipated to record a CAGR of nearly 20% from 2023 to 2030.

The Asia-Pacific smart lock market is set to register the fastest CAGR over the forecasting timeline subject to the launching of smart city concepts in countries such as India, China, Japan, Philippines, Singapore, Taiwan, Thailand, Indonesia, South Korea, and Malaysia. Additionally, the large-scale presence of start-ups in these countries will spur product demand in the sub-continent. Moreover, a large number of industry players in the Asia-Pacific zone are trying to develop new gadgets and embed new features in smart locks, thereby enhancing the scope of demand for the product in the Asia-Pacific zone.

The global smart lock market is led by industry players such as Zigbang Co., Ltd., August Home, Inc., Onity Inc., Avent Security, Cansec Systems Ltd., UniKey Technologies, Inc., HavenLock, Inc., Kwikset, Smart Locking Logic Proprietary Limited, MUL-T-LOCK TECHNOLOGIES LTD., Allegion Plc, Sentrilock, LLC, Yale Locks, Goji, and Honeywell International Inc.

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List of Contents

Industry Perspective:OverviewKey InsightsGrowth FactorsRestraintsOpportunitiesChallengesSegmentationReport ScopeRegional InsightsCompetitive SpaceThe global smart lock market is segmented as follows:By Region

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