PUBLISHER: Grand View Research | PRODUCT CODE: 1869733
PUBLISHER: Grand View Research | PRODUCT CODE: 1869733
The U.S. residential electronic home locks market size was estimated at USD 877.9 million in 2024 and is projected to reach USD 1,918.6 million by 2033, growing at a CAGR of 9.4% from 2025 to 2033. The U.S. residential electronic door lock industry is witnessing significant expansion, with growing consumer awareness of the benefits of advanced home security and automation systems.
As the U.S. is a global leader in smart home technology adoption, electronic door locks are becoming a key feature of modern homes. The increasing preference for convenience, such as keyless entry and remote monitoring, is accelerating the shift from traditional locks to electronic alternatives. Homeowners are especially attracted to locks that offer features like automatic locking, remote access, and integration with other home security systems, such as surveillance cameras and alarms. Security concerns play a significant role in the growth of the electronic door lock market in the U.S. With rising burglary rates and a heightened awareness of home security, consumers are turning to electronic locks as a more reliable and secure alternative to traditional mechanical locks. The rise in home automation and connected devices in the U.S. residential electronic home locks industry is making electronic door locks more desirable for those seeking to modernize their homes and improve security.
Innovation is also a driving factor in the U.S. residential electronic home locks industry, as manufacturers continue to develop more affordable and feature-rich electronic locks. New technologies such as biometric fingerprint scanning, Bluetooth connectivity, and integration with voice-controlled devices are gaining traction. The ongoing trend toward smart homes, combined with the falling prices of electronic locks, is expected to drive even more widespread adoption.
As the U.S. residential electronic home locks industry continues to embrace smart home technologies, the demand for residential electronic door locks will remain strong, with future innovations expected to further enhance their security, convenience, and integration with other devices. For instance, in October 2024, Aqara launched the Smart Lock U300, a versatile keyless entry solution compatible with various smart home ecosystems including Apple HomeKit, Google Home, and Alexa.
U.S. Residential Electronic Home Locks Market Report Segmentation
This report forecasts revenue growth at the country, and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. residential electronic home locks market report based on the product, application, installation type, distribution channel: