GLOBAL SMART DOOR LOCK MARKET RESEARCH REPORT, 2023-2029
Market Value:
• 2021 = USD 1.64 billion
• 2028 = USD 4.835 billion
• CAGR = 16.7%
Date Published: March 2023
Publisher: Introspective Market Research
Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
Global Smart Door Lock Market size is projected to reach USD 4.835 billion by 2028 from an estimated USD 1.64 billion in 2021, growing at a CAGR of 16.7%.
With the advent of technologies such as Machine Learning and Artificial Intelligence, the spread of the Internet of Things (IoT) is expected to accelerate the mass adoption of smart locks during the forecast period. Increasing consumer awareness of the benefits and conveniences of these locks has contributed to increased demand, especially in the home and hospitality sectors around the world. Smart locks bring a new security experience to your home with the customization and the ability to control what happens to your home. They are far beyond the capabilities of normal rock. Many smart door locks come with both Bluetooth and Wi-Fi connections, improving the ability to use remote features. If your smart lock has only a Bluetooth connection and the front door is too far from your smart home hub, you will have connectivity issues. As growing demand calls for high tech and smart connected devices and smart door locks push with the growth of the Smart Door Lock Market globally.
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The latest report on the Smart Door Lock market provides a detailed analysis of the market for the years 2023 to 2029. It presents a comprehensive overview of the global Smart Door Lock industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Smart Door Lock market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years. The report is meant to assist clients to obtain information and making decisions that will help them build their businesses. The study is produced with a specific aim in mind: to deliver business insights and consultation to help customers make wise business decisions and achieve long-term success in their particular market segments.
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter’s Five Forces Analysis
• Pestle Analysis
• SWOT Analysis
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Key Prominent Players In The Smart Door Lock Market:
• Master Lock
• Onity
• Salto Systems
• Allegion
• Cansec Systems
• ASSA ABLOY AB
• Honeywell
• Haven Lock
• Spectrum brands
• Yale and other major players.
Segmentation of The Smart Door Lock Market
The market is segmented on the basis of the type, application and Region. Segmentation is considered to be the most vital part of the report which helps the reader to understand the market in précised way.
By Type
• Deadbolt
• Lever Handles
• Padlock
• Others
By Application
• Residential
• Hospitality
• Enterprise
• Critical
• Infrastructure
• Others
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
The study also statistical analyses the forecast represented graphically and reveals the market status in terms of revenue growth across North America, Europe, Asia Pacific, Middle East and Africa. The regionally segmented study of the global Smart Door Lock market entitles the anticipated growth projections across every individual region identifying the opportunistic market space, the dominant region and the regions with lesser explorative value.
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The report presents the overview of the market with the production of the cost, dispatch, application, use volume and arrangement. The Smart Door Lock research report offers significant bits of information into the business focus from the early stage including some steady techniques chalked out by perceptible market pioneers to develop a strong foothold and development in the business. Moreover, the important areas of the Smart Door Lock market are also assessed on the basis of their performance.
The following points were extensively researched:
• Key Players:- Here, the Smart Door Lock market research focuses on mergers and acquisitions, expansions, analyses of important players, company founding dates, markets served, manufacturing infrastructure, and revenue of key players.
• Breakdown by Product and Application: Information on market size by product and application is provided in this section.
• Regional Analysis: The report examines each area and nation based on market size by product and application, major players, and market forecast.
• Profiles of International Players: On the basis of their gross margin, pricing, sales, revenue, business, products, and other firm information, participants are rated in this game.
• Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analysed in the report.
• Key Findings of the Research Study. Appendix: It includes information about the research methodology, data sources, and authors of the study, as well as a disclaimer.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities
3.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
4.1 Smart Door Lock Market Overview Snapshot and Growth Engine
4.2 Smart Door Lock Market Overview
4.3 Deadbolt
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size (2016-2028F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Deadbolt: Geographic Segmentation
4.4 Lever Handles
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size (2016-2028F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Lever Handles: Geographic Segmentation
4.5 Padlock
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size (2016-2028F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Padlock: Geographic Segmentation
4.6 Others
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size (2016-2028F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Others: Geographic Segmentation
Chapter 5: Smart Door Lock Market by Application
5.1 Smart Door Lock Market Overview Snapshot and Growth Engine
5.2 Smart Door Lock Market Overview
5.3 Residential
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Residential: Geographic Segmentation
5.4 Hospitality
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Hospitality: Geographic Segmentation
5.5 Enterprise
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Enterprise: Geographic Segmentation
5.6 Critical Infrastructure
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Critical Infrastructure: Geographic Segmentation
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3
5.7.4
Chapter
6.1
6.1.1
6.1.2
6.1.3
6.1.6
6.10 SPECTRUM BRANDS
6.11 YALE
Chapter 7: Global Smart Door Lock Market Analysis, Insights and Forecast, 2016-2028
7.1 Market Overview
7.2 Historic and Forecasted Market Size By Type
7.3 Historic and Forecasted Market Size By Application
Chapter 8: North America Smart Door Lock Market Analysis, Insights and Forecast, 2016-2028
8.1 Key Market Trends, Growth Factors and Opportunities
8.2 Impact of Covid-19
8.3 Key Players
8.4 Key Market Trends, Growth Factors and Opportunities
8.4 Historic and Forecasted Market Size By Type
8.4.1 Deadbolt 8.4.2 Lever Handles 8.4.3 Padlock 8.4.4 Others
8.5 Historic and Forecasted Market Size By Application
8.5.1 Residential
9.6.4 Italy
9.6.5 Russia
9.6.6 Spain
Chapter 10: Asia-Pacific Smart Door Lock Market Analysis, Insights and Forecast, 20162028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors, and Opportunities
10.4 Historic and Forecasted Market Size By Type Continue.
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Terms of Use:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Top-down and bottom-up approaches are used to validate the global market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
