The document summarizes a report on the smart lock market. It discusses how smart locks can be unlocked remotely through mobile applications and are part of the growing Internet of Things. The global smart lock market is expected to see growth due to increasing security concerns and investments in research and development. However, factors like privacy concerns and costs may hamper market growth. Major players in the smart lock market are profiled and the market is segmented by communication protocol, vertical, lock type, and region.
Smart Lock Market Forecast to Reach $2.5 Billion by 2025
1. Smart Lock Market Forecast, Manufacture Size, Developments and Future Scope To
2025
New York, July 28, 2020: Market Research Engine has published a new report titled as
“Smart Lock Market Size by Communication Protocol (Bluetooth, Wi-Fi), By
Vertical (Residential, Institution & Government, Industrial, Commercial), By Lock
Type (Padlocks, Deadbolt, Lever Handles, Other Locks), By Region (North America,
Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-
2025.”
Smart locks are like the old-fashioned locks which need a lock and a key to work. Smart locks
are talented to deny or grant access remotely through a mobile application. A smart lock can be
demarcated as a mechanical and electrical locking device which has the capacity to open
wirelessly through authentication by authorized users. Smart locks agree homeowners to arrive
their home or deliver others access without the necessity for a traditional key. Smart locks agree
users to use several other, more accessible objects like a key fob or a smartphone in order to
wirelessly confirm and mechanically and unlock the door. Smart locks can be held to be an
extension of home automation or home security. As a result, smart locks can be considered as a
part of the Internet of Things. Smart lock market is estimated to detect development in the near
future, due to the growing security and safety concerns. The heavy investments done by market
players in R&D activities by market players and increasing concentration of society towards IoT
is also projected to support market development. Furthermore, factors like growing demand for
portable security devices, evolving smart city projects and rising security threats is anticipated to
stimulate development. High durability, low installing cost and safety from robbers and attackers
in commercial and residential places will improvement market growth. Furthermore, increasing
number of smartphones and increasing acceptance of smart technology and integration of smart
devices like smartphones and tablets is projected to open new opportunities for smart lock
market during the estimate period. But fear of privacy intrusion, fluctuating prices, high cost of
devices and loss of smartphones, lack of awareness among end-user might hamper market
growing.
Browse Full Report: https://www.marketresearchengine.com/smart-lock-market
The global Smart Lock market is segregated on the basis of Communication Protocol as
Bluetooth, Wi-Fi, and Others. Based on Vertical the global Smart Lock market is segmented in
Residential, Institution & Government, Industrial, and Commercial. Based on Lock Type the
global Smart Lock market is segmented in Padlocks, Deadbolt, Lever Handles, and Other Locks.
The global Smart Lock market report provides geographic analysis covering regions, such as
North America, Europe, Asia-Pacific, and Rest of the World. The Smart Lock market for each
region is further segmented for major countries including the U.S., Canada, Germany, the U.K.,
France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Dessmann, Haven Lock, Inc., GATE , Shenzhen Vians Electric Lock Co.,Ltd., Anviz Global,
ASSA ABLOY AB, Allegion Plc , Dorma+Kaba Holding AG, Spectrum Brands Holdings, Inc.,
2. Salto Systems S.L., and others are among the major players in the global Smart Lock market.
The companies are involved in several growth and expansion strategies to gain a competitive
advantage. Industry participants also follow value chain integration with business operations in
multiple stages of the value chain.
The Smart Lock Market has been segmented as below:
Smart Lock Market, By Communication Protocol
Bluetooth
Wi-Fi
Others
Smart Lock Market, By Vertical
Residential
Institution & Government
Industrial
Commercial
Smart Lock Market, By Lock Type
Padlocks
Deadbolt
Lever Handles
Other Locks
Smart Lock Market, By Region
North America
Europe
Asia-Pacific
Rest of the World
Smart Lock Market, By Company
Dessmann
Haven Lock, Inc.
GATE
Shenzhen Vians Electric Lock Co.,Ltd.
Anviz Global
ASSA ABLOY AB
Allegion Plc
Dorma+Kaba Holding AG
Spectrum Brands Holdings, Inc.
Salto Systems S.L.
3. Onity, Inc.
Cansec Systems Ltd.
Gantner Electronic GmbH
Master Lock Company LLC
MIWA Lock Co.
Samsung Electronics Co., Ltd.
Amadas Inc.
Sentrilock, LLC
Avent Security
Poly-Control International ApS
The report covers:
Global Smart Lock market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018
and forecast from 2019 to 2024
Global Smart Lock market trends, covering comprehensive range of consumer trends &
manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream
buyer in the global Smart Lock market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons,
development trends and strategic management
Comprehensive company profiles of the key industry players
Report Scope:
The global Smart Lock market report scope includes detailed study covering underlying factors
influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers
competitive overview providing company market shares along with company profiles for major
revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key
participants in the global Smart Lock market share. Major industry players with significant
revenue share include Dessmann, Haven Lock, Inc., GATE , Shenzhen Vians Electric Lock
Co.,Ltd., Anviz Global, ASSA ABLOY AB, Allegion Plc , Dorma+Kaba Holding AG, Spectrum
Brands Holdings, Inc., Salto Systems S.L., and others.
Reasons to Buy this Report:
Gain detailed insights on the Smart Lock industry trends
Find complete analysis on the market status
Identify the Smart Lock market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
4. Facilitate strategy planning and industry dynamics to enhance decision making
Some of the recent Developments in Smart Lock market are as follows:
Dessmann
06-2017: Gemalto the world leader in digital security, is allowing security and reliable
connectivity for Dessmann's new smart lock platform. The new solution from the global
manufacturer of smart locks and safe boxes incorporates Gemalto's Machine
Identification Modules and Secure Elements, allowing users to lock and unlock doors
with their smartphones or create digital key chains for multiple locks.
06-2017: Gemalto declares to enable security and reliable connectivity for Dessmann’s
new smart lock platform.
Amadas Inc
09-2017: Amadas will cancel its Kickstarter campaign on Monday. The campaign wasn’t
as clear as the company hoped, the company’s CEO tells me.
Amadas develops ‘do-it-yourself’ smart door locks
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Request Sample Report from here:
https://www.marketresearchengine.com/smart-lock-market
Table of Contents:
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
5. 2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Smart Lock Market, By Communication Protocol
5.1 Introduction
5.2 Bluetooth
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Wi-Fi
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Others
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Smart Lock Market, By Vertical
6.1 Introduction
6.2 Residential
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Institution & Government
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Industrial
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Commercial
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Smart Lock Market, By Lock Type
7.1 Introduction
7.2 Padlocks
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Deadbolt
7.3.1 Market Overview
7.3.2 Market Size and Forecast
6. 7.4 Lever Handles
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Other Locks
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8. Smart Lock Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Smart Lock, By Communication Protocol
8.2.2 North America Smart Lock, By Vertical
8.2.3 North America Smart Lock, By Lock Type
8.3 Europe
8.3.1 Europe Smart Lock, By Communication Protocol
8.3.2 Europe Smart Lock, By Vertical
8.3.3 Europe Smart Lock, By Lock Type
8.4 Asia-Pacific
8.4.1 Asia-Pacific Smart Lock, By Communication Protocol
8.4.2 Asia-Pacific Smart Lock, By Vertical
8.4.3 Asia-Pacific Smart Lock, By Lock Type
8.5 Rest of the World
8.5.1 Rest of the World Smart Lock, By Communication Protocol
8.5.2 Rest of the World Smart Lock, By Vertical
8.5.3 Rest of the World Smart Lock, By Lock Type
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Dessmann
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Haven Lock, Inc.
10.2.1 Company Overview
10.2.2 Product/Service Landscape
7. 10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 GATE
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Shenzhen Vians Electric Lock Co.,Ltd.
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Anviz Global
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 ASSA ABLOY AB
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Allegion Plc
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Dorma+Kaba Holding AG
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Spectrum Brands Holdings, Inc.
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Salto Systems S.L.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
8. 10.11 Onity, Inc.
10.11.1 Company Overview
10.11.2 Product/Service Landscape
10.11.3 Financial Overview
10.11.4 Recent Developments
10.12 Cansec Systems Ltd.
10.12.1 Company Overview
10.12.2 Product/Service Landscape
10.12.3 Financial Overview
10.12.4 Recent Developments
10.13 Gantner Electronic GmbH
10.13.1 Company Overview
10.13.2 Product/Service Landscape
10.13.3 Financial Overview
10.13.4 Recent Developments
10.14 Master Lock Company LLC
10.14.1 Company Overview
10.14.2 Product/Service Landscape
10.14.3 Financial Overview
10.14.4 Recent Developments
10.15 MIWA Lock Co
10.15.1 Company Overview
10.15.2 Product/Service Landscape
10.15.3 Financial Overview
10.15.4 Recent Developments
10.16 Samsung Electronics Co., Ltd.
10.16.1 Company Overview
10.16.2 Product/Service Landscape
10.16.3 Financial Overview
10.16.4 Recent Developments
10.17 Amadas Inc.
10.17.1 Company Overview
10.17.2 Product/Service Landscape
10.17.3 Financial Overview
10.17.4 Recent Developments
10.18 Sentrilock, LLC
10.18.1 Company Overview
10.18.2 Product/Service Landscape
10.18.3 Financial Overview
10.18.4 Recent Developments
10.19 Avent Security
10.19.1 Company Overview
9. 10.19.2 Product/Service Landscape
10.19.3 Financial Overview
10.19.4 Recent Developments
10.20 Poly-Control International ApS
10.20.1 Company Overview
10.20.2 Product/Service Landscape
10.20.3 Financial Overview
10.20.4 Recent Developments
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