The Business Research Company’s Smart Locks Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Smart Locks Global Market Report 2023 evaluates smart locks market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global smart locks market size grew from $2.14 billion in 2022 to $2.48 billion in 2023 at a compound annual growth rate (CAGR) of 15.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smart locks market size is expected to grow to $4.21 billion in 2027 at a CAGR of 14.2%.
The smart locks market segments in the report are:
Smart Locks Market By Product :
Deadbolts
Commercial
Padlocks
Other Products
Smart Locks Market By Communication Technology :
Wi-Fi
Bluetooth
Zigbee
Z-Wave
Smart Locks Market By Authentication Method :
Biometric
Pin Code
RFID Cards
Smart Locks Market By Application :
Residential
Hospitality
Enterprise
Critical Infrastructure
Other Applications
Top Major Players
Allegion PLC
Assa Abloy AB
August Home
Cansec Systems Ltd.
Dorma + Kaba Holding AG
North America was the largest region in the smart locks market in 2022.
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The table of contents in TBRC’s smart locks market report includes:
1. Executive Summary
2. Smart Locks Market Characteristics
3. Smart Locks Market Trends And Strategies
4. Smart Locks Market – Macro Economic Scenario
5. Smart Locks Market Size And Growth
……………………..
26. Africa Smart Locks Market
27. Smart Locks Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Locks Market
29. Smart Locks Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Smart Locks Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Smart Locks Market, Segmentation By Communication Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Smart Locks Market, Segmentation By Authentication Method, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Allegion PLC Financial Performance
Table 48: Assa Abloy AB Financial Performance
Table 49: August Home Financial Performance
Table 50: Cansec Systems Ltd Financial Performance
Table 51: Dorma + Kaba Holding AG Financial Performance
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