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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Electronic Door Locks Market Trends
The increasing launches of electronic door locks with advanced features such as volume indicators, fingerprint recognition, break-in alarms, spy codes, external power bank charging, and privacy modes, among others, are expected to aid the market in the forecast period.
One prominent trend in electronic door locks market is the surging adoption of smart home technology. Smart locks are equipped with innovative features, offer convenient and rapid door-opening experiences, and mitigate security risks. Moreover, they can be integrated with smart assistants to automate the closing and opening of homes.
In the forecast period, the growing proliferation of 5G technology is anticipated to enhance the capability of smart door locks integrated with Wi-Fi and Bluetooth technologies and improve the communication of these locks with smart home’s connected ecosystem.
Electronic Door Locks Market Report Snapshots
Electronic Door Locks Market Size
Electronic Door Locks Market Growth
Electronic Door Locks Market Trends
Electronic Door Locks Market Share
Electronic Door Locks Companies
Electronic Door Locks Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is assessed to grow at a CAGR of 7.8% between 2024 and 2032.
The major market drivers are rising infrastructural development and the growing accessibility and affordability of digital locks.
The rising adoption of smart home technology, increasing launches of electronic door locks with advanced features, and the surging proliferation of 5G technology are the key trends aiding the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Deadbolts, knobs, and lever are the different types of electronic door locks.
The several authentication methods of the product are biometric, pin code, and card key.
The significant end uses of electronic door locks are residential, commercial, and industrial.
The major players in the market are Honeywell International Inc., Samsung Electronics Co., Ltd., Carrier Global Corporation, ASSA ABLOY AB, Avent Security (HK) Co., Ltd., Spectrum Brands Holdings, Inc., Vivint, Inc., SALTO Systems, S.L., Dormakaba International Holding AG, and Godrej & Boyce Manufacturing Co. Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124