Global Smart Door Locks Market Size study & Forecast, by Type by Product by Connecting Technology, by Application and Regional Analysis, 2023-2030

Description

List of Tables

Global Smart Door Locks Market is valued at approximately USD 2.13 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 18.6% over the forecast period 2023-2030. Smart door locks are electronic locks that provide advanced features and connectivity options compared to traditional mechanical locks. These locks are designed to enhance security, convenience, and control over access to home or business. Smart door locks typically use wireless technologies such as Wi-Fi, Bluetooth, or Z-Wave to communicate with other devices such as smartphones, tablets, or home automation systems. This connectivity allows users to remotely control and monitor their door locks using dedicated mobile apps or web interfaces. The Smart Door Locks market is expanding because of factors such as rising development of smart homes, and growing Internet of Things (IoT) ecosystem in smart cities projects.

Smart door locks provide homeowners with convenient and easy access to their homes. With features like keyless entry through smartphones, keypads, or even voice commands, residents can enter their homes without fumbling for physical keys. This is particularly useful when carrying groceries, managing multiple entry points, or granting temporary access to guests or service providers. According to Statista, the global number of smart homes in year 2019 reached at 191.4 million which increased to 307.82 million in year 2022 and it is projected to reach at 672.57 million by year 2027. Along with these, Consumer spending on smart home related devices globally in 2019 stood at USD 95 billion which increased to USD 123 billion in year 2021 and it is projected to reach at USD 204 billion by 2027. These rising development of smart homes and rising consumer spending on smart home related devices is driving the market growth. In addition, increasing investment by start-ups to launch bluetooth-enabled Locks and rising government support for the development of smart cities is creating a lucrative market growth opportunity. However, the high cost of smart door locks stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Smart Door Locks Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the dominance of key market players, rising technological advancement and smart home penetration. Whereas, Asia Pacific region is expected to have fastest growth owing to factors such as rising number of government projects for smart cities, rising consumer spending on smart home devices and more.

Major market player included in this report are:

ASSA ABLOY
Samsung Group
Panasonic Corporation
Guangdong Be-Tech Security Systems
Honeywell International, Inc.
The Chamberlain Group, Inc.
Kaadas Group
Master Lock
Techlicious LLC.
Godrej Group

Recent Developments in the Market:

In February 2023, Yale Home collaborated with American limited liability company Pantone to incorporate the Pantone colour, PANTONE Viva Magenta, into a Yale Assure Lock 2 model without compromising the use or security of a smart lock.
In March 2023, Kwikset unveiled the Home Connect 620 smart lock. To enable dealers to incorporate safety into smart home environments, this smart lock includes options such a 10-button keypad with one-touch locking.

Global Smart Door Locks Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Product, Connecting Technology, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Deadbolt
Lever Handles
Padlock
Others

By Product:

Biometric Door Locks
Smart Card Door Locks
Electric Strike Door Locks
Others

By Connecting Technology:

Wi-Fi
Bluetooth
ZigBee
Other

By Application:

Residential
Hospitality
Commercials
Government
Retail
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Smart Door Locks Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Smart Door Locks Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Smart Door Locks Market, by Product, 2020-2030 (USD Billion)
- 1.2.4. Smart Door Locks Market, by Connecting Technology, 2020-2030 (USD Billion)
- 1.2.5. Smart Door Locks Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Door Locks Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Door Locks Market Dynamics

3.1. Smart Door Locks Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising development of smart homes
  - 3.1.1.2. Growing Internet of Things (IoT) ecosystem in smart cities projects.
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Smart Door Locks
  - 3.1.2.2. Lack of Awareness
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing Investment by Startups to Launch Bluetooth-enabled Locks
  - 3.1.3.2. Rising government support for the development of smart cities

Chapter 4. Global Smart Door Locks Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Smart Door Locks Market, by Type

5.1. Market Snapshot
5.2. Global Smart Door Locks Market by Type, Performance - Potential Analysis
5.3. Global Smart Door Locks Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Smart Door Locks Market, Sub Segment Analysis
- 5.4.1. Deadbolt
- 5.4.2. Lever Handles
- 5.4.3. Padlock
- 5.4.4. Others

Chapter 6. Global Smart Door Locks Market, by Product

6.1. Market Snapshot
6.2. Global Smart Door Locks Market by Product, Performance - Potential Analysis
6.3. Global Smart Door Locks Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
6.4. Smart Door Locks Market, Sub Segment Analysis
- 6.4.1. Biometric Door Locks
- 6.4.2. Smart Card Door Locks
- 6.4.3. Electric Strike Door Locks
- 6.4.4. Others

Chapter 7. Global Smart Door Locks Market, by Connecting Technology

7.1. Market Snapshot
7.2. Global Smart Door Locks Market by Connecting Technology, Performance - Potential Analysis
7.3. Global Smart Door Locks Market Estimates & Forecasts by Connecting Technology 2020-2030 (USD Billion)
7.4. Smart Door Locks Market, Sub Segment Analysis
- 7.4.1. Wi-Fi
- 7.4.2. Bluetooth
- 7.4.3. ZigBee
- 7.4.4. Other

Chapter 8. Global Smart Door Locks Market, by Application

8.1. Market Snapshot
8.2. Global Smart Door Locks Market by Application, Performance - Potential Analysis
8.3. Global Smart Door Locks Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. Smart Door Locks Market, Sub Segment Analysis
- 8.4.1. Residential
- 8.4.2. Hospitality
- 8.4.3. Commercials
- 8.4.4. Government
- 8.4.5. Retail
- 8.4.6. Others

Chapter 9. Global Smart Door Locks Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Smart Door Locks Market, Regional Market Snapshot
9.4. North America Smart Door Locks Market
- 9.4.1. U.S. Smart Door Locks Market
  - 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Product breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Connecting Technology breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Smart Door Locks Market
9.5. Europe Smart Door Locks Market Snapshot
- 9.5.1. U.K. Smart Door Locks Market
- 9.5.2. Germany Smart Door Locks Market
- 9.5.3. France Smart Door Locks Market
- 9.5.4. Spain Smart Door Locks Market
- 9.5.5. Italy Smart Door Locks Market
- 9.5.6. Rest of Europe Smart Door Locks Market
9.6. Asia-Pacific Smart Door Locks Market Snapshot
- 9.6.1. China Smart Door Locks Market
- 9.6.2. India Smart Door Locks Market
- 9.6.3. Japan Smart Door Locks Market
- 9.6.4. Australia Smart Door Locks Market
- 9.6.5. South Korea Smart Door Locks Market
- 9.6.6. Rest of Asia Pacific Smart Door Locks Market
9.7. Latin America Smart Door Locks Market Snapshot
- 9.7.1. Brazil Smart Door Locks Market
- 9.7.2. Mexico Smart Door Locks Market
9.8. Middle East & Africa Smart Door Locks Market
- 9.8.1. Saudi Arabia Smart Door Locks Market
- 9.8.2. South Africa Smart Door Locks Market
- 9.8.3. Rest of Middle East & Africa Smart Door Locks Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Assa Abloy
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Samsung Group
- 10.3.3. Panasonic Corporation
- 10.3.4. Guangdong Be-Tech Security Systems
- 10.3.5. Honeywell International, Inc.
- 10.3.6. The Chamberlain Group, Inc.
- 10.3.7. Kaadas
- 10.3.8. Master Lock
- 10.3.9. Techlicious LLC
- 10.3.10. Godrej Group

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Door Locks Market, report scope
TABLE 2. Global Smart Door Locks Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Smart Door Locks Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Smart Door Locks Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 5. Global Smart Door Locks Market estimates & forecasts by Connecting Technology 2020-2030 (USD Billion)
TABLE 6. Global Smart Door Locks Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 7. Global Smart Door Locks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Smart Door Locks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Smart Door Locks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Smart Door Locks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Smart Door Locks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Smart Door Locks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Smart Door Locks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Smart Door Locks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Smart Door Locks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Smart Door Locks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Smart Door Locks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Smart Door Locks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Smart Door Locks Market
TABLE 72. List of primary sources, used in the study of global Smart Door Locks Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Smart Door Locks Market, research methodology
FIG 2. Global Smart Door Locks Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Door Locks Market, key trends 2022
FIG 5. Global Smart Door Locks Market, growth prospects 2023-2030
FIG 6. Global Smart Door Locks Market, porters 5 force model
FIG 7. Global Smart Door Locks Market, pest analysis
FIG 8. Global Smart Door Locks Market, value chain analysis
FIG 9. Global Smart Door Locks Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Smart Door Locks Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Smart Door Locks Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Smart Door Locks Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Smart Door Locks Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Smart Door Locks Market, regional snapshot 2020 & 2030
FIG 15. North America Smart Door Locks Market 2020 & 2030 (USD Billion)
FIG 16. Europe Smart Door Locks Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Smart Door Locks Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Smart Door Locks Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Smart Door Locks Market 2020 & 2030 (USD Billion)