The global Smart Lock market was valued at US$ 5587.6 million in 2022 and is projected to reach US$ 6511.7 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key smart lock manufacturers include ASSA ABLOY, Allegion, Dormakaba Group, and others. The top three producers together account for more than 25% of the market share, with the largest producer being ASSA ABLOY at 16%. The global origins are mainly distributed in North America, Europe, China, Japan, Korea, Australia. In terms of product categories, electronic cipher locks have the largest market share with 40%, followed by remote locks with 29%. In terms of applications, household holds more market share with 78%, while commercial has a smaller share.
Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms.
This report aims to provide a comprehensive presentation of the global market for Smart Lock, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Lock. This report contains market size and forecasts of Smart Lock in global, including the following market information:
Global Smart Lock Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Smart Lock Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Smart Lock companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Lock manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Lock Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Smart Lock Market Segment Percentages, by Type, 2022 (%)
Electronic Cipher Locks
Fingerprint Locks
Remote Locks
Others
Global Smart Lock Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Smart Lock Market Segment Percentages, by Application, 2022 (%)
Household
Commercial
Global Smart Lock Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Smart Lock Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Lock revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Smart Lock revenues share in global market, 2022 (%)
Key companies Smart Lock sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Smart Lock sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ASSA ABLOY
Allegion
Dormakaba Group
Kaadas
LOOCK
Spectrum Brands
Samsung
MIWA Lock
Master Lock
Dessmann
Guangdong Yinghua Intelligent
Guangdong Be-Tech
Honeywell
SALTO
ORVIBO
Nello
Jiangmen Keyu Intelligence
Locstar
Tenon
Guangdong Level Intelligent Lock
ALPHA Corporation
GOAL
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Lock, market overview.
Chapter 2: Global Smart Lock market size in revenue and volume.
Chapter 3: Detailed analysis of Smart Lock manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6: Sales of Smart Lock in regional level and country level. It 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Smart Lock capacity by region & country.
Chapter 9: Introduces the market dynamics, 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Smart Lock Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Smart Lock Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Smart Lock Overall Market Size
2.1 Global Smart Lock Market Size: 2022 VS 2029
2.2 Global Smart Lock Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Smart Lock Sales: 2018-2029
3 Company Landscape
3.1 Top Smart Lock Players in Global Market
3.2 Top Global Smart Lock Companies Ranked by Revenue
3.3 Global Smart Lock Revenue by Companies
3.4 Global Smart Lock Sales by Companies
3.5 Global Smart Lock Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Smart Lock Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Smart Lock Product Type
3.8 Tier 1, Tier 2 and Tier 3 Smart Lock Players in Global Market
3.8.1 List of Global Tier 1 Smart Lock Companies
3.8.2 List of Global Tier 2 and Tier 3 Smart Lock Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Smart Lock Market Size Markets, 2022 & 2029
4.1.2 Electronic Cipher Locks
4.1.3 Fingerprint Locks
4.1.4 Remote Locks
4.1.5 Others
4.2 By Type - Global Smart Lock Revenue & Forecasts
4.2.1 By Type - Global Smart Lock Revenue, 2018-2023
4.2.2 By Type - Global Smart Lock Revenue, 2024-2029
4.2.3 By Type - Global Smart Lock Revenue Market Share, 2018-2029
4.3 By Type - Global Smart Lock Sales & Forecasts
4.3.1 By Type - Global Smart Lock Sales, 2018-2023
4.3.2 By Type - Global Smart Lock Sales, 2024-2029
4.3.3 By Type - Global Smart Lock Sales Market Share, 2018-2029
4.4 By Type - Global Smart Lock Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Smart Lock Market Size, 2022 & 2029
5.1.2 Household
5.1.3 Commercial
5.2 By Application - Global Smart Lock Revenue & Forecasts
5.2.1 By Application - Global Smart Lock Revenue, 2018-2023
5.2.2 By Application - Global Smart Lock Revenue, 2024-2029
5.2.3 By Application - Global Smart Lock Revenue Market Share, 2018-2029
5.3 By Application - Global Smart Lock Sales & Forecasts
5.3.1 By Application - Global Smart Lock Sales, 2018-2023
5.3.2 By Application - Global Smart Lock Sales, 2024-2029
5.3.3 By Application - Global Smart Lock Sales Market Share, 2018-2029
5.4 By Application - Global Smart Lock Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Smart Lock Market Size, 2022 & 2029
6.2 By Region - Global Smart Lock Revenue & Forecasts
6.2.1 By Region - Global Smart Lock Revenue, 2018-2023
6.2.2 By Region - Global Smart Lock Revenue, 2024-2029
6.2.3 By Region - Global Smart Lock Revenue Market Share, 2018-2029
6.3 By Region - Global Smart Lock Sales & Forecasts
6.3.1 By Region - Global Smart Lock Sales, 2018-2023
6.3.2 By Region - Global Smart Lock Sales, 2024-2029
6.3.3 By Region - Global Smart Lock Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Smart Lock Revenue, 2018-2029
6.4.2 By Country - North America Smart Lock Sales, 2018-2029
6.4.3 US Smart Lock Market Size, 2018-2029
6.4.4 Canada Smart Lock Market Size, 2018-2029
6.4.5 Mexico Smart Lock Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Smart Lock Revenue, 2018-2029
6.5.2 By Country - Europe Smart Lock Sales, 2018-2029
6.5.3 Germany Smart Lock Market Size, 2018-2029
6.5.4 France Smart Lock Market Size, 2018-2029
6.5.5 U.K. Smart Lock Market Size, 2018-2029
6.5.6 Italy Smart Lock Market Size, 2018-2029
6.5.7 Russia Smart Lock Market Size, 2018-2029
6.5.8 Nordic Countries Smart Lock Market Size, 2018-2029
6.5.9 Benelux Smart Lock Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Smart Lock Revenue, 2018-2029
6.6.2 By Region - Asia Smart Lock Sales, 2018-2029
6.6.3 China Smart Lock Market Size, 2018-2029
6.6.4 Japan Smart Lock Market Size, 2018-2029
6.6.5 South Korea Smart Lock Market Size, 2018-2029
6.6.6 Southeast Asia Smart Lock Market Size, 2018-2029
6.6.7 India Smart Lock Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Smart Lock Revenue, 2018-2029
6.7.2 By Country - South America Smart Lock Sales, 2018-2029
6.7.3 Brazil Smart Lock Market Size, 2018-2029
6.7.4 Argentina Smart Lock Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Smart Lock Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Smart Lock Sales, 2018-2029
6.8.3 Turkey Smart Lock Market Size, 2018-2029
6.8.4 Israel Smart Lock Market Size, 2018-2029
6.8.5 Saudi Arabia Smart Lock Market Size, 2018-2029
6.8.6 UAE Smart Lock Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 ASSA ABLOY
7.1.1 ASSA ABLOY Company Summary
7.1.2 ASSA ABLOY Business Overview
7.1.3 ASSA ABLOY Smart Lock Major Product Offerings
7.1.4 ASSA ABLOY Smart Lock Sales and Revenue in Global (2018-2023)
7.1.5 ASSA ABLOY Key News & Latest Developments
7.2 Allegion
7.2.1 Allegion Company Summary
7.2.2 Allegion Business Overview
7.2.3 Allegion Smart Lock Major Product Offerings
7.2.4 Allegion Smart Lock Sales and Revenue in Global (2018-2023)
7.2.5 Allegion Key News & Latest Developments
7.3 Dormakaba Group
7.3.1 Dormakaba Group Company Summary
7.3.2 Dormakaba Group Business Overview
7.3.3 Dormakaba Group Smart Lock Major Product Offerings
7.3.4 Dormakaba Group Smart Lock Sales and Revenue in Global (2018-2023)
7.3.5 Dormakaba Group Key News & Latest Developments
7.4 Kaadas
7.4.1 Kaadas Company Summary
7.4.2 Kaadas Business Overview
7.4.3 Kaadas Smart Lock Major Product Offerings
7.4.4 Kaadas Smart Lock Sales and Revenue in Global (2018-2023)
7.4.5 Kaadas Key News & Latest Developments
7.5 LOOCK
7.5.1 LOOCK Company Summary
7.5.2 LOOCK Business Overview
7.5.3 LOOCK Smart Lock Major Product Offerings
7.5.4 LOOCK Smart Lock Sales and Revenue in Global (2018-2023)
7.5.5 LOOCK Key News & Latest Developments
7.6 Spectrum Brands
7.6.1 Spectrum Brands Company Summary
7.6.2 Spectrum Brands Business Overview
7.6.3 Spectrum Brands Smart Lock Major Product Offerings
7.6.4 Spectrum Brands Smart Lock Sales and Revenue in Global (2018-2023)
7.6.5 Spectrum Brands Key News & Latest Developments
7.7 Samsung
7.7.1 Samsung Company Summary
7.7.2 Samsung Business Overview
7.7.3 Samsung Smart Lock Major Product Offerings
7.7.4 Samsung Smart Lock Sales and Revenue in Global (2018-2023)
7.7.5 Samsung Key News & Latest Developments
7.8 MIWA Lock
7.8.1 MIWA Lock Company Summary
7.8.2 MIWA Lock Business Overview
7.8.3 MIWA Lock Smart Lock Major Product Offerings
7.8.4 MIWA Lock Smart Lock Sales and Revenue in Global (2018-2023)
7.8.5 MIWA Lock Key News & Latest Developments
7.9 Master Lock
7.9.1 Master Lock Company Summary
7.9.2 Master Lock Business Overview
7.9.3 Master Lock Smart Lock Major Product Offerings
7.9.4 Master Lock Smart Lock Sales and Revenue in Global (2018-2023)
7.9.5 Master Lock Key News & Latest Developments
7.10 Dessmann
7.10.1 Dessmann Company Summary
7.10.2 Dessmann Business Overview
7.10.3 Dessmann Smart Lock Major Product Offerings
7.10.4 Dessmann Smart Lock Sales and Revenue in Global (2018-2023)
7.10.5 Dessmann Key News & Latest Developments
7.11 Guangdong Yinghua Intelligent
7.11.1 Guangdong Yinghua Intelligent Company Summary
7.11.2 Guangdong Yinghua Intelligent Smart Lock Business Overview
7.11.3 Guangdong Yinghua Intelligent Smart Lock Major Product Offerings
7.11.4 Guangdong Yinghua Intelligent Smart Lock Sales and Revenue in Global (2018-2023)
7.11.5 Guangdong Yinghua Intelligent Key News & Latest Developments
7.12 Guangdong Be-Tech
7.12.1 Guangdong Be-Tech Company Summary
7.12.2 Guangdong Be-Tech Smart Lock Business Overview
7.12.3 Guangdong Be-Tech Smart Lock Major Product Offerings
7.12.4 Guangdong Be-Tech Smart Lock Sales and Revenue in Global (2018-2023)
7.12.5 Guangdong Be-Tech Key News & Latest Developments
7.13 Honeywell
7.13.1 Honeywell Company Summary
7.13.2 Honeywell Smart Lock Business Overview
7.13.3 Honeywell Smart Lock Major Product Offerings
7.13.4 Honeywell Smart Lock Sales and Revenue in Global (2018-2023)
7.13.5 Honeywell Key News & Latest Developments
7.14 SALTO
7.14.1 SALTO Company Summary
7.14.2 SALTO Business Overview
7.14.3 SALTO Smart Lock Major Product Offerings
7.14.4 SALTO Smart Lock Sales and Revenue in Global (2018-2023)
7.14.5 SALTO Key News & Latest Developments
7.15 ORVIBO
7.15.1 ORVIBO Company Summary
7.15.2 ORVIBO Business Overview
7.15.3 ORVIBO Smart Lock Major Product Offerings
7.15.4 ORVIBO Smart Lock Sales and Revenue in Global (2018-2023)
7.15.5 ORVIBO Key News & Latest Developments
7.16 Nello
7.16.1 Nello Company Summary
7.16.2 Nello Business Overview
7.16.3 Nello Smart Lock Major Product Offerings
7.16.4 Nello Smart Lock Sales and Revenue in Global (2018-2023)
7.16.5 Nello Key News & Latest Developments
7.17 Jiangmen Keyu Intelligence
7.17.1 Jiangmen Keyu Intelligence Company Summary
7.17.2 Jiangmen Keyu Intelligence Business Overview
7.17.3 Jiangmen Keyu Intelligence Smart Lock Major Product Offerings
7.17.4 Jiangmen Keyu Intelligence Smart Lock Sales and Revenue in Global (2018-2023)
7.17.5 Jiangmen Keyu Intelligence Key News & Latest Developments
7.18 Locstar
7.18.1 Locstar Company Summary
7.18.2 Locstar Business Overview
7.18.3 Locstar Smart Lock Major Product Offerings
7.18.4 Locstar Smart Lock Sales and Revenue in Global (2018-2023)
7.18.5 Locstar Key News & Latest Developments
7.19 Tenon
7.19.1 Tenon Company Summary
7.19.2 Tenon Business Overview
7.19.3 Tenon Smart Lock Major Product Offerings
7.19.4 Tenon Smart Lock Sales and Revenue in Global (2018-2023)
7.19.5 Tenon Key News & Latest Developments
7.20 Guangdong Level Intelligent Lock
7.20.1 Guangdong Level Intelligent Lock Company Summary
7.20.2 Guangdong Level Intelligent Lock Business Overview
7.20.3 Guangdong Level Intelligent Lock Smart Lock Major Product Offerings
7.20.4 Guangdong Level Intelligent Lock Smart Lock Sales and Revenue in Global (2018-2023)
7.20.5 Guangdong Level Intelligent Lock Key News & Latest Developments
7.21 ALPHA Corporation
7.21.1 ALPHA Corporation Company Summary
7.21.2 ALPHA Corporation Business Overview
7.21.3 ALPHA Corporation Smart Lock Major Product Offerings
7.21.4 ALPHA Corporation Smart Lock Sales and Revenue in Global (2018-2023)
7.21.5 ALPHA Corporation Key News & Latest Developments
7.22 GOAL
7.22.1 GOAL Company Summary
7.22.2 GOAL Business Overview
7.22.3 GOAL Smart Lock Major Product Offerings
7.22.4 GOAL Smart Lock Sales and Revenue in Global (2018-2023)
7.22.5 GOAL Key News & Latest Developments
8 Global Smart Lock Production Capacity, Analysis
8.1 Global Smart Lock Production Capacity, 2018-2029
8.2 Smart Lock Production Capacity of Key Manufacturers in Global Market
8.3 Global Smart Lock Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Smart Lock Supply Chain Analysis
10.1 Smart Lock Industry Value Chain
10.2 Smart Lock Upstream Market
10.3 Smart Lock Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Smart Lock Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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