Global WiFi Smart Lock Market Research Report 2022

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.
Due to the COVID-19 pandemic, the global WiFi Smart Lock market size is estimated to be worth US$ 1139 million in 2021 and is forecast to a readjusted size of US$ 5810.8 million by 2028 with a CAGR of 25.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe WiFi Smart Lock market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe WiFi Smart Lock landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
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 focuses on WiFi Smart Lock volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall WiFi Smart Lock market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America and Europe., etc.
Global WiFi Smart Lock Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Door Levers Locks
Deadbolts
Padlocks
Others
Segment by Application
Personal Residential
Home Security System
Institution & Government
Commercial Applications
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ASSA ABLOY
Kwikset
Allegion
Dormakaba
August
SALTO
Nello
Dessmann

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