Press release
Smart Lock Market shall expand at a CAGR of 15.35% from 2022 to 2030
Expert Insights: Ask Analyst or Download Full Report with TOC & Figures: https://www.renub.com/smart-lock-market-p.php
Renub Research has lately published a report named "Smart Lock Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2030," providing an exhaustive industry analysis that comprises of market share acumen. Furthermore, the report covers research of competitors and countries and the current surge in the Smart Lock Market.
Smart Lock Market will experience a CAGR of 15.35% between 2022 and 2030. As conventional security measures face vulnerabilities, smart locks provide enhanced safety via features like biometric authentication, remote monitoring, and real-time signals. The need to guard houses, workplaces, and assets from unauthorized access and breaches intensifies adoption. With the surge in property crimes and the choice for personalised safety, customers and corporations alike are turning to smart locks for comprehensive and customizable protection solutions, fostering the market's expansion as safety concerns continue to surge.
Furthermore, the smart lock market is propelled by the growing adoption of connected devices, as smart locks seamlessly integrate into the increasing environment of interconnected technologies. These locks may be managed remotely via smartphones, synchronized with home automation structures, and connected to virtual assistants. The convenience of handling access digitally, coupled with the desire for a unified and smart dwelling environment, fuels demand. As clients are seeking seamless connectivity and remote-control capabilities, the compatibility of smart locks with the wider community of linked gadgets drives their popularity, contributing drastically to the industry's rise in the era of the Internet of Things.
Also, business collaborations fuel the smart lock market's increase through innovation and broader reach. Partnerships among lock manufacturers and tech companies yield integrated solutions, boosting safety and comfort. Home automation collaborations make sure seamless integration, increasing attraction. Alliances with real estate and property firms promote adoption. Such collaborations provide expertise, resources, and numerous client bases, propelling the smart lock market's acceleration in a competitive landscape.
Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=smart-lock-market-p.php
Lever handles are gaining prominence in the smart lock market.
Lever handles are growing in the smart lock market due to their inclusive design, merging traditional aesthetics with modern technology. Their simple push-down operation aligns with keyless and remote access features, appealing to both residential and commercial settings. This growth is fuelled by the market's emphasis on accessibility and user-friendliness, serving a wider range of users, including those with disabilities or limited mobility.
Biometrics is experiencing continuous growth in the smart lock market due to its unmatched security and convenience.
Utilizing distinct physiological traits such as fingerprints, facial recognition, and iris scans, biometric smart locks provide unmatched security. Their seamless, contactless authentication suits modern lifestyles, replacing traditional keys and PINs. As security concerns rise and convenience becomes paramount, biometrics gains traction, delivering robust protection and user-friendly experiences.
The residential sector holds dominance in the smart lock market because of increasing homeowners' interest in enhancing home security, and remote access control.
Smart locks offer personalized remote access via smartphones and seamlessly integrate with home automation systems. Amid the increasing demand for secure, connected living spaces and the surge in smart home technology adoption, the residential sector drives market expansion, catering to modern homeowners' evolving preferences.
Online sales are gaining popularity in the smart lock market.
Online sales' appeal in the smart lock market lies in convenience, variety, and easy comparison shopping. Consumers can explore options, read reviews, and make informed decisions from home. With e-commerce platforms and mobile apps, purchasing is simplified, enabling doorstep delivery. As digital shopping habits persist, the allure of online smart lock sales increases, providing an efficient way for consumers to access advanced security solutions.
Asia-Pacific is set to lead the smart lock market due to rapid urbanization, increasing disposable incomes, and the proliferation of smart home technologies.
The rising need for security, adoption of IoT devices, and smart connectivity drive smart lock acceptance in Asia-Pacific. With convenient access solutions and smart city initiatives, the region's middle class propels market growth. Strong manufacturing and technological advancements in countries like China and South Korea further solidify Asia-Pacific's smart lock industry leadership, shaping secure, connected living spaces.
Competitive Landscape.
Major players like Allegion plc, Avent, Assa Abloy, DormaKaba Holding AG, Samsung, Zhejiang Dahua Technology Co. Ltd., Spectrum Brands Holdings, Inc., and Panasonic Corporation are vying for share in the smart lock market.
Market Summary.
• Type- The report analyses the Smart Lock Market by type from four different angles (Deadbolts, Lever Handles, Padlock, and Others).
• Technology- According to technology, the Smart Lock Market is divided into four perspectives (Keypads, RFID cards, Biometrics, and Wireless).
• Application- A Renub Research report on the Smart Lock Market looks at application from four angles (Residential, Commercial, Critical infrastructure, and other sectors).
• Distribution Channel- Based on distribution channel, the Smart Lock Market is divided into two perspectives (online channels and offline channels).
• Region- There are five different perspectives on the Smart Lock Market by region (North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa).
• Key Players- Every significant player in the Smart Lock Market has been discussed from three perspectives (Overview, Recent Developments, and Revenue) are Allegion plc, Avent, Assa Abloy, Spectrum Brands Holdings, Inc., Samsung, Zhejiang Dahua Technology Co. Ltd., DormaKaba Holding AG, and Panasonic Corporation.
Related Reports
Japan Smart Home Market: https://www.renub.com/japan-smart-home-market-volume-home-automation-entertainment-energy-management-security-ambient-assisted-living-aal-p.php
India Home Automation Market: https://www.renub.com/india-home-automation-market-by-types-lighting-security-heating-ventilating-and-air-conditioning-hvac-entertainment-by-user-residential-commercial-and-hospitality-company-profiles-and-forecast-1013-p.php
Industrial Robotics Market: https://www.renub.com/industrial-robotics-market-p.php
Service Robotics Market: https://www.renub.com/service-robotics-market-p.php
Global Robotics Market: https://www.renub.com/global-robotics-market-volume-and-forecast-962-p.php
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.
Contact Us:
Renub Research
Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)
Email: info@renub.com
LinkedIn: https://in.linkedin.com/company/renub-research
Web: www.renub.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Lock Market shall expand at a CAGR of 15.35% from 2022 to 2030 here
News-ID: 3187135 • Views: …
More Releases from Renub Resaecrh
Global Sports Medicine Market to Hit $12.32 Billion by 2033, Driven by Rising At …
Sports Medicine Market Overview
The growing awareness of injury prevention, increased involvement in sports and physical activities, and advancements in medical technology are all contributing to the notable rise of the global sports medicine industry. The prevention, diagnosis, treatment, and rehabilitation of sports-related injuries are the primary goals of this specialized discipline, which serves athletes, fitness enthusiasts, and individuals who lead active lifestyles. The adoption of less invasive surgical procedures, the…
U.S. Cosmetics Industry Set to Surge Past $149 Billion by 2033 Amid Rising Deman …
United States Cosmetics Market Overview
According to Renub Research, with an absolute compound annual growth rate (CAGR) of 4.82% from 2025 to 2033, the United States cosmetics industry is expected to reach around US$ 149.53 billion in 2033, up from US$ 97.89 billion in 2024.
Growing consumer awareness of personal grooming and beauty improvement, particularly among millennial and Gen Z, is the primary factor driving the US industry. For example, according to…
Global Non-Invasive Prenatal Testing Market to Triple by 2033, Surging to US$ 11 …
Non-Invasive Prenatal Testing Market Overview
A type of prenatal screening called non-invasive prenatal testing (NIPT) uses a pregnant woman's blood sample to check for fetal abnormalities. By examining DNA fragments in the mother's blood, the test is primarily used to identify genetic abnormalities, such as Turner syndrome, Patau syndrome, Edwards syndrome, and Down syndrome. The treatment, which may be carried out after nine weeks of pregnancy, removes the need…
Renub Research: Global Tractor Market Set to Plough Ahead, Reaching $111.22 Bill …
Agricultural Tractors Market Overview
The growing need for automated solutions in contemporary farming is driving the rapid evolution of the agricultural tractor market. Precision agriculture, less manual work, and increased output are all made possible by tractors. To maximize field operations, farmers are implementing tractors equipped with cutting-edge technology, such as automation, telematics, and GPS, as the global demand for food increases. Trends such as climate change adaptation and sustainable…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
