Smart locks are like the old-fashioned locks which need a lock and a key to work. Smart locks are talented to deny or grant access remotely through a mobile application. A smart lock can be demarcated as a mechanical and electrical locking device which has the capacity to open wirelessly through authentication by authorized users. Smart locks agree homeowners to arrive their home or deliver others access without the necessity for a traditional key. Smart locks agree users to use several other, more accessible objects like a key fob or a smartphone in order to wirelessly confirm and mechanically and unlock the door. Smart locks can be held to be an extension of home automation or home security. As a result, smart locks can be considered as a part of the Internet of Things. Smart lock market is estimated to detect development in the near future, due to the growing security and safety concerns. The heavy investments done by market players in R&D activities by market players and increasing concentration of society towards IoT is also projected to support market development. Furthermore, factors like growing demand for portable security devices, evolving smart city projects and rising security threats is anticipated to stimulate development. High durability, low installing cost and safety from robbers and attackers in commercial and residential places will improvement market growth. Furthermore, increasing number of smartphones and increasing acceptance of smart technology and integration of smart devices like smartphones and tablets is projected to open new opportunities for smart lock market during the estimate period. But fear of privacy intrusion, fluctuating prices, high cost of devices and loss of smartphones, lack of awareness among end-user might hamper market growing.
The smart lock market is expected to be around US$ 3.8 Billion by 2027 at a CAGR of 13%.
The global Smart Lock market is segregated on the basis of Communication Protocol as Bluetooth, Wi-Fi, and Others. Based on Vertical the global Smart Lock market is segmented in Residential, Institution & Government, Industrial, and Commercial. Based on Lock Type the global Smart Lock market is segmented in Padlocks, Deadbolt, Lever Handles, and Other Locks.
The global Smart Lock market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Lock market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Dessmann, Haven Lock, Inc., GATE , Shenzhen Vians Electric Lock Co.,Ltd., Anviz Global, ASSA ABLOY AB, Allegion Plc , Dorma+Kaba Holding AG, Spectrum Brands Holdings, Inc., Salto Systems S.L., and others are among the major players in the global Smart Lock market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Smart Lock Market has been segmented as below:
Smart Lock Market, By Communication Protocol
Smart Lock Market, By Vertical
Smart Lock Market, By Lock Type
Smart Lock Market, By Region
Smart Lock Market, By Company
The report covers:
Report Scope:
The global Smart Lock market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Lock market share. Major industry players with significant revenue share include Dessmann, Haven Lock, Inc., GATE , Shenzhen Vians Electric Lock Co.,Ltd., Anviz Global, ASSA ABLOY AB, Allegion Plc , Dorma+Kaba Holding AG, Spectrum Brands Holdings, Inc., Salto Systems S.L., and others.
Reasons to Buy this Report:
Some of the recent Developments in Smart Lock market are as follows:
Dessmann
Amadas Inc
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Smart Lock Market, By Communication Protocol
5.1 Introduction
5.2 Bluetooth
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Wi-Fi
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Others
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Smart Lock Market, By Vertical
6.1 Introduction
6.2 Residential
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Institution & Government
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Industrial
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Commercial
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Smart Lock Market, By Lock Type
7.1 Introduction
7.2 Padlocks
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Deadbolt
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Lever Handles
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Other Locks
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8. Smart Lock Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Smart Lock, By Communication Protocol
8.2.2 North America Smart Lock, By Vertical
8.2.3 North America Smart Lock, By Lock Type
8.3 Europe
8.3.1 Europe Smart Lock, By Communication Protocol
8.3.2 Europe Smart Lock, By Vertical
8.3.3 Europe Smart Lock, By Lock Type
8.4 Asia-Pacific
8.4.1 Asia-Pacific Smart Lock, By Communication Protocol
8.4.2 Asia-Pacific Smart Lock, By Vertical
8.4.3 Asia-Pacific Smart Lock, By Lock Type
8.5 Rest of the World
8.5.1 Rest of the World Smart Lock, By Communication Protocol
8.5.2 Rest of the World Smart Lock, By Vertical
8.5.3 Rest of the World Smart Lock, By Lock Type
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Dessmann
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Haven Lock, Inc.
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 GATE
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Shenzhen Vians Electric Lock Co.,Ltd.
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Anviz Global
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 ASSA ABLOY AB
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Allegion Plc
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Dorma+Kaba Holding AG
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Spectrum Brands Holdings, Inc.
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Salto Systems S.L.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
10.11 Onity, Inc.
10.11.1 Company Overview
10.11.2 Product/Service Landscape
10.11.3 Financial Overview
10.11.4 Recent Developments
10.12 Cansec Systems Ltd.
10.12.1 Company Overview
10.12.2 Product/Service Landscape
10.12.3 Financial Overview
10.12.4 Recent Developments
10.13 Gantner Electronic GmbH
10.13.1 Company Overview
10.13.2 Product/Service Landscape
10.13.3 Financial Overview
10.13.4 Recent Developments
10.14 Master Lock Company LLC
10.14.1 Company Overview
10.14.2 Product/Service Landscape
10.14.3 Financial Overview
10.14.4 Recent Developments
10.15 MIWA Lock Co
10.15.1 Company Overview
10.15.2 Product/Service Landscape
10.15.3 Financial Overview
10.15.4 Recent Developments
10.16 Samsung Electronics Co., Ltd.
10.16.1 Company Overview
10.16.2 Product/Service Landscape
10.16.3 Financial Overview
10.16.4 Recent Developments
10.17 Amadas Inc.
10.17.1 Company Overview
10.17.2 Product/Service Landscape
10.17.3 Financial Overview
10.17.4 Recent Developments
10.18 Sentrilock, LLC
10.18.1 Company Overview
10.18.2 Product/Service Landscape
10.18.3 Financial Overview
10.18.4 Recent Developments
10.19 Avent Security
10.19.1 Company Overview
10.19.2 Product/Service Landscape
10.19.3 Financial Overview
10.19.4 Recent Developments
10.20 Poly-Control International ApS
10.20.1 Company Overview
10.20.2 Product/Service Landscape
10.20.3 Financial Overview
10.20.4 Recent Developments
The Smart Lock Market has been segmented as below:
Smart Lock Market, By Communication Protocol
Smart Lock Market, By Vertical
Smart Lock Market, By Lock Type
Smart Lock Market, By Region
Smart Lock Market, By Company
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