Press release
Cylindrical Door Lock Market Worldwide Industry Analysis, Future Demand and Forecast till 2031 Allegion, Kwikset?Spectrum?, Kaba Group
The global cylindrical door lock market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2024-2031). The growing awareness about the security of properties & homes, advancements in lock technology, and the growing adoption of smart home automation systems have driven the global market. The market is evolving with the introduction of smart locks. While smart locks offer new functionalities, they also come with potential drawbacks that need to be addressed by manufacturers. The long-term success of smart locks will depend on their ability to address these issues and provide a compelling value proposition to consumers. Therefore, key manufacturers are focusing on enhancing the functionality and security of their lock systems.For instance, in February 2024, Aqara has launched Smart Lock U200. This lock has Matter-over-Thread connectivity and a separate Bluetooth keypad with a fingerprint reader and NFC built in. This gives users the option to unlock with digital codes, Aqara NFC cards, the Aqara app on their phone, and voice control with compatible voice assistants. That's in addition to still being able to use its existing key (at least for US locks).
Further in October 2023, Netatmo launched anm advanced smart door lock. This lock offers both traditional key access and smartphone control through Bluetooth. The unique aspect lies in the "smart keys." These don't physically unlock the door but utilize built-in NFC chips for authorization. Users can program multiple keys and grant temporary access through the dedicated smartphone app. While the delayed release raises questions about its current appeal, the combination of traditional key access with smartphone control might be a point of consideration for some.
The key market players in the global cylindrical door lock market are August, The Eastern Company, Hutlon, Panasonic, Liberty Safe and Security Products, Baldwin Hardware, Weslock, and Jiangmen KEYU Intelligence Co, ltd, among others. The market growth is driven by different strategies incorporated by key market players such as mergers, acquisitions, and collaborations. For instance, a manufacturer of commercial doors and window systems, Pacific Door Systems (New Zealand), was purchased by Assa Abloy in December 2021. With this, the business hopes to hasten its growth in New Zealand.
To Request a Sample of our Report on Cylindrical Door Lock Market: https://www.omrglobal.com/request-sample/cylindrical-door-lock-market
Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Cylindrical Door Lock Market Segmentation
By Type
Deadbolt
Lever handles
Padlock
Digital locks
By Product
Smart Cylindrical Door Lock
Non-Smart Cylindrical Door Lock
By Connecting Technology
Wi-Fi technology
Bluetooth technology
ZigBee technology
By Application
Residential
Commercial
Government
Retail
Hospitality
A full Report of Cylindrical Door Lock Market is Available @ https://www.omrglobal.com/industry-reports/cylindrical-door-lock-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Allegion
Kwikset?Spectrum?
Kaba Group
Baldwin Hardware
Alarm Lock
ABUS
American Security Products Co.
The Eastern Company
Master Lock
Stanley Security Solutions
Weslock
AMMA
August
Codelocks
Liberty Safe and Security Products
LockeyUSA Inc
Achie
Guangdong Hutlon Technology Co.,LtdGuangdong Be-Tech Security Systems Limited
DESSMANN
Lockitron
Kaadas
Zhongshan Yinghua Lock Industry
Techlicious
Okidokeys
Adel
Jiangmen KEYU Intelligence Co, ltd
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cylindrical-door-lock-market
Visit more report on: https://www.linkedin.com/posts/mansi-jain-32a20b1a4_market-activity-7174636250690142208-w5kO?utm_source=share&utm_medium=member_desktop
https://www.linkedin.com/posts/mansi-jain-32a20b1a4_fruit-concentrate-market-is-anticipated-to-activity-7176205242055671808-WgaO?utm_source=share&utm_medium=member_desktop
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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 Cylindrical Door Lock Market Worldwide Industry Analysis, Future Demand and Forecast till 2031 Allegion, Kwikset?Spectrum?, Kaba Group here
News-ID: 3509286 • Views: …
More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Lock
SwitchBot Lock Pro: Lock in convenience and lock out hassles
Introducing SwitchBot Lock Pro: Upgrade your home security effortlessly. Quick installation, fingerprint access, 15 unlocking methods, and seamless Apple Home integration for $119.99.
SwitchBot is excited to introduce its newest creation - SwitchBot Lock Pro [https://us.switch-bot.com/products/switchbot-lock-pro]. This advanced smart lock is designed to make your life easier and your home more secure by offering a range of features that combine the latest technology with everyday convenience. Whether you're a homeowner looking…
Padlock Smart Lock Market Is Booming Worldwide | Master Lock Company, MIWA Lock, …
Advance Market Analytics published a new research publication on "Padlock Smart Lock Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Padlock Smart Lock market was mainly driven by the increasing R&D spending across the world. Some of the key…
Lock Washers Market Future Trends, Business Opportunities And Forecast (2022-202 …
World Lock Washers Market was valued at $XX million in 2021, and research analysts predict the global market size will reach $XX million by the end of 2027, growing at a CAGR of XX% between 2022 and 2027.
The study encompasses an elaborate analysis of the global Lock Washers market in terms of historical data and latest trends to evaluate its growth in the forthcoming years. The report includes the years…
Lock Washers Market 2022 Status and Business Outlook - Disc-Lock, HEICO-LOCK, Gr …
The research report studies the Lock Washers market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The data analysts have used primary and secondary…
Lock Washer Market -NORD-LOCK, Disc-Lock, Schnorr, Shakeproof, Tiger-Tight, Midw …
Lock Washer Market Overview:
Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global Lock Washer market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region.
The Global Lock Washer market Report provides a detailed analysis of the current dynamics of the market with an extensive focus on the secondary research. It also studies current situation of the market estimate, share, demand, development…
Global Digital Door Lock Systems Market 2018 - Stone Lock, Adel Lock, Kwikset, S …
Apex Market Research, recently published a detailed market research study focused on the "Digital Door Lock Systems Market" across the global, regional and country level. The report provides 360° analysis of "Digital Door Lock Systems Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Digital Door Lock Systems industry, and estimates the…