Smart Locks Market Scope And Analysis

  • Report Code : TIPTE100001308
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Smart Locks Market Analysis Report 2024 to 2031

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Smart Locks Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.43 billion
Market Size by 2031 US$ 7.21 billion
Global CAGR (2023 - 2031) 14.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Padlocks
  • Deadbolt
  • Lever Handle
By Communication Technology
  • Wi-Fi
  • NFC
  • Bluetooth
By Application
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • HAVENLock
  • Honeywell International Inc
  • August Home
  • SAMSUNG
  • Vivint Inc
  • Wyze Labs Inc
  • U tec Group Inc
  • Schlage
  • GANTNER Electronic GmbH
  • SALTO Systems S L
  • Smart Locks Market News and Recent Developments

    The smart locks market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for smart locks and strategies:

    • In March 2023, HavenLock, Inc. announced that it had patented its new and innovative locking system from the United States Patent and Trademark Office (USPTO). (Source: HavenLock, Inc., Press Release, 2023)
    • In February 2023, SentriLock announced its new partnership with the Chesapeake Bay & Rivers Association of REALTORS (CBRAR) to make SentriLock the association’s marketplace electronic lockbox solution for its REALTOR members. (Source: SentriLock, Press Release, 2023)

    Smart Locks Market Report Coverage and Deliverables

    The “Smart Locks Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles