Global Smart Lock Market Size Study Forecasts By Type (Contact smart card, Contactless smart card, Hybrid and Dual interface smart card, By Components,( Microprocessor, Memory smart cards) by Communication Protocol (Bluetooth, Wi-Fi, Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others))and Regional Forecasts 2017-2025

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Global Smart Lock Market valued approximately USD 1.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.34% over the forecast period 2017-2025. The driving factor for Smart Lock market is the rising adoption of connected home solutions and soaring need to establish connectivity across all electronic devices and users’ houses as a consequence of growing penetration of smart homes as these are the key trends uplifting the market growth and Increasing penetration of smartphones which is also fueling the demand for smart locks over the forecast period. Moreover, technological advancements are estimated to play a key role in the development of this market

Global Smart Lock MarketThe objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

  • by Lock Type
  • Deadbolts
  • Lever Handles
  • Padlocks
  • Other Locks
  • by Communication Protocol
  • Bluetooth
  • Wi-Fi
  • Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others)
  • by Vertical
  • Commercial
  • Residential
  • Institution & Government
  • Industrial

By Regions:

  • North America
    • The U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015

Base year – 2016

Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are ASSA ABLOY (Sweden), Allegion (Ireland), dorma+kaba (Switzerland), Spectrum Brands (US), Salto Systems (Spain), Onity (US), Cansec Systems (Canada), Master Lock (US).  Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Smart Lock in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

Chapter 1.      Global Smart Lock Market Definition and Scope

1.1.      Research Objective

1.2.      Market Definition

1.3.      The scope of The Study

1.4.      Years Considered for The Study

1.5.      Currency Conversion Rates

1.6.      Report Limitation

Chapter 2.      Research Methodology

2.1.      Research Process

2.1.1.   Data Mining

2.1.2.   Analysis

2.1.3.   Market Estimation

2.1.4.   Validation

2.1.5.   Publishing

2.2.      Research Assumption

Chapter 3.      Executive Summary

3.1.      Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2.      Key Trends

Chapter 4.      Global Smart Lock Market Dynamics

4.1.      Growth Prospects

4.1.1.   Drivers

4.1.2.   Restraints

4.1.3.   Opportunities

4.2.      Industry Analysis

4.2.1.   Porter’s 5 Force Model

4.2.2.   PEST Analysis

4.2.3.   Value Chain Analysis

4.3.      Analyst Recommendation & Conclusion 

Chapter 5.      Global Smart Lock Market, By Lock Type

5.1.      Market Snapshot

5.2.      Market Performance – Potential Model

5.3.      Global Smart Lock Market, Sub Segment Analysis

5.3.1.   Deadbolts

5.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.   Lever Handles

5.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.   Padlocks

5.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.   Other Locks

5.3.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 6.      Global Smart Lock Market, By Communication Protocol

6.1.      Market Snapshot

6.2.      Market Performance – Potential Model

6.3.      Global Smart Lock Market, Sub Segment Analysis

6.3.1.   Bluetooth

6.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.   WIFI

6.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.   Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others)

6.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 7.      Global Smart Lock Market, By Vertical

7.1.      Market Snapshot

7.2.      Market Performance – Potential Model

7.3.      Global Smart Lock Market, Sub Segment Analysis 

7.1.1.   Commercial

7.1.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

7.1.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.1.2.   Residential

7.1.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

7.1.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.1.3.   Institution & Government

7.1.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

7.1.3.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.1.4.   Industrial

7.1.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

7.1.4.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 8.      Global Smart Lock Market, by Regional Analysis

8.1.      Smart Lock Market, Regional Market Snapshot (2015-2025)

8.2.      North America Smart Lock Market Snapshot

8.2.1.   The U.S.

8.2.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.2.1.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.1.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.1.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.   Canada

8.2.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.      Europe Smart Lock Market Snapshot

8.3.1.   U.K.

8.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.   Germany

8.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.   France

8.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.   Rest of Europe

8.3.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.      Asia Smart Lock Market Snapshot

8.4.1.   China

8.4.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.1.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.1.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.1.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.   India

8.4.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.   Japan

8.4.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.   Rest of Asia Pacific

8.4.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.      Rest of The World

8.5.1.   South America

8.5.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.5.1.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.1.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.1.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.   The Middle East and Africa

8.5.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.2.            Lock Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.3.            Communication Protocol breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.4.            Vertical breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 9.      Competitive Intelligence

9.1.      Company Market Share (Subject to Data Availability)

9.2.      Top Market Strategies

9.3.      Company Profiles

9.3.1.   ASSA ABLOY (Sweden), 

9.3.1.1.            Overview

9.3.1.2.            Financial (Subject to Data Availability)

9.3.1.3.            Product Summary

9.3.1.4.            Recent Developments 

9.3.2.   Allegion (Ireland),

9.3.3.   dorma+kaba (Switzerland),

9.3.4.   Spectrum Brands (US),

9.3.5.   Salto Systems (Spain),

9.3.6.   Onity (US),

9.3.7.   Cansec Systems (Canada),

9.3.8.   Master Lock (US).

9.3.9.   Infineon Technologies AG

 

The research for the global Smart Lock Market focuses deeply on the entire value chain of the market. However, the market size estimates are purely based on the consumer side of the value chain wherein the market sizes have been calculated by analyzing the average demand for Smart Lock Market across various applications.

The revenue for global Smart Lock Market is calculated as sum market sizes of different segments such as lock type, communication protocol, vertical, and regions. Further, some other key data points considered to calculate the revenue for global Smart Lock Market includes

  • Revenues from key companies
  • Key company market share analysis
  • Consumer spending analysis
  • Regional export and import analysis
  • Sales revenue generated by various applications in different geographies

An extensive primary and secondary research has been conducted on key industry people, through questionnaires, telephonic conversations, email conversations, and interviews to verify the market estimations. Various government websites/portals and paid data sources are considered as a key source of secondary research.

We utilize a combination of bottom-up & top-down methodology for market estimations & forecasts. Additionally, we employ data triangulation techniques to verify each of the market estimates and forecasts through primary interviews and feedbacks.

All the estimates are derived from simulation models which is our proprietary technique. Each of these models is different from each other are a combination of correlation, regression and time series analysis. Each of these models is basically divided into two types namely economic and technological. Economical models are used to determine short-term market estimates and technological models are used for long-term estimates & forecasts.


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