Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms. Smart door locks offer sophisticated “access control” features to any home or business. Proximity sensors like Bluetooth and NFC can enable a door to unlock whenever an authorized user’s smartphone approaches. Users can also remotely lock and unlock the door, or share access with any number of others, using mobile apps. Physical keypads provide a backup with many locks, but are no longer the main way to let yourself in.
According to our (Global Info Research) latest study, the global WiFi Smart Lock market size was valued at USD 1172 million in 2022 and is forecast to a readjusted size of USD 5521.9 million by 2029 with a CAGR of 24.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main WiFi Smart Lock players include ASSA ABLOY, SALTO, Nello, Kwikset, Allegion, etc. The top five WiFi Smart Lock players account for approximately 60% of the total global market. Europe is the largest consumer market for WiFi Smart Lock accounting for about 27%, followed by North America and Asia-Pacific. In terms of Type, Door Levers Locks is the largest segment with a share of 56%. And in terms of Applications, the largest segment is Personal Residential, followed by Home Security System.
This report is a detailed and comprehensive analysis for global WiFi Smart Lock market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global WiFi Smart Lock market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global WiFi Smart Lock market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global WiFi Smart Lock market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global WiFi Smart Lock market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for WiFi Smart Lock
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global WiFi Smart Lock market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ASSA ABLOY, Kwikset, Allegion, Dormakaba and August, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
WiFi Smart Lock market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Door Levers Locks
Deadbolts
Padlocks
Others
Market segment by Application
Personal Residential
Home Security System
Institution & Government
Commercial Applications
Others
Major players covered
ASSA ABLOY
Kwikset
Allegion
Dormakaba
August
SALTO
Nello
Dessmann
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe WiFi Smart Lock product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of WiFi Smart Lock, with price, sales, revenue and global market share of WiFi Smart Lock from 2018 to 2023.
Chapter 3, the WiFi Smart Lock competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the WiFi Smart Lock breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and WiFi Smart Lock market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of WiFi Smart Lock.
Chapter 14 and 15, to describe WiFi Smart Lock sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on WiFi Smart Lock. Industry analysis & Market Report on WiFi Smart Lock is a syndicated market report, published as Global WiFi Smart Lock Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of WiFi Smart Lock market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.