The global Wi-Fi-based Smart Locks market size was valued at US$ 1114.2 million in 2023. With growing demand in downstream market, the Wi-Fi-based Smart Locks is forecast to a readjusted size of US$ 3244.2 million by 2030 with a CAGR of 16.5% during review period.
The research report highlights the growth potential of the global Wi-Fi-based Smart Locks market. Wi-Fi-based Smart Locks are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Wi-Fi-based Smart Locks. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Wi-Fi-based Smart Locks market.
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 鈥渁ccess control鈥� features to any home or business. Proximity sensors like Bluetooth and NFC can enable a door to unlock whenever an authorized user鈥檚 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.
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.
Key Features:
The report on Wi-Fi-based Smart Locks market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Wi-Fi-based Smart Locks market. It may include historical data, market segmentation by Type (e.g., Induction Lock, Remote Control Lock), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Wi-Fi-based Smart Locks market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Wi-Fi-based Smart Locks market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Wi-Fi-based Smart Locks industry. This include advancements in Wi-Fi-based Smart Locks technology, Wi-Fi-based Smart Locks new entrants, Wi-Fi-based Smart Locks new investment, and other innovations that are shaping the future of Wi-Fi-based Smart Locks.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Wi-Fi-based Smart Locks market. It includes factors influencing customer ' purchasing decisions, preferences for Wi-Fi-based Smart Locks product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Wi-Fi-based Smart Locks market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Wi-Fi-based Smart Locks market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Wi-Fi-based Smart Locks market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Wi-Fi-based Smart Locks industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Wi-Fi-based Smart Locks market.
Market Segmentation:
Wi-Fi-based Smart Locks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Induction Lock
Remote Control Lock
Other
Segmentation by application
Household
Commercial
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
August
Goji
UniKey
Yale
Danalock
Lockitron Bolt
RemoteLock
Haven
Sesame
Kwikset
Ola Locks
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wi-Fi-based Smart Locks market?
What factors are driving Wi-Fi-based Smart Locks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wi-Fi-based Smart Locks market opportunities vary by end market size?
How does Wi-Fi-based Smart Locks break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wi-Fi-based Smart Locks Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Wi-Fi-based Smart Locks by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Wi-Fi-based Smart Locks by Country/Region, 2019, 2023 & 2030
2.2 Wi-Fi-based Smart Locks Segment by Type
2.2.1 Induction Lock
2.2.2 Remote Control Lock
2.2.3 Other
2.3 Wi-Fi-based Smart Locks Sales by Type
2.3.1 Global Wi-Fi-based Smart Locks Sales Market Share by Type (2019-2024)
2.3.2 Global Wi-Fi-based Smart Locks Revenue and Market Share by Type (2019-2024)
2.3.3 Global Wi-Fi-based Smart Locks Sale Price by Type (2019-2024)
2.4 Wi-Fi-based Smart Locks Segment by Application
2.4.1 Household
2.4.2 Commercial
2.4.3 Other
2.5 Wi-Fi-based Smart Locks Sales by Application
2.5.1 Global Wi-Fi-based Smart Locks Sale Market Share by Application (2019-2024)
2.5.2 Global Wi-Fi-based Smart Locks Revenue and Market Share by Application (2019-2024)
2.5.3 Global Wi-Fi-based Smart Locks Sale Price by Application (2019-2024)
3 Global Wi-Fi-based Smart Locks by Company
3.1 Global Wi-Fi-based Smart Locks Breakdown Data by Company
3.1.1 Global Wi-Fi-based Smart Locks Annual Sales by Company (2019-2024)
3.1.2 Global Wi-Fi-based Smart Locks Sales Market Share by Company (2019-2024)
3.2 Global Wi-Fi-based Smart Locks Annual Revenue by Company (2019-2024)
3.2.1 Global Wi-Fi-based Smart Locks Revenue by Company (2019-2024)
3.2.2 Global Wi-Fi-based Smart Locks Revenue Market Share by Company (2019-2024)
3.3 Global Wi-Fi-based Smart Locks Sale Price by Company
3.4 Key Manufacturers Wi-Fi-based Smart Locks Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Wi-Fi-based Smart Locks Product Location Distribution
3.4.2 Players Wi-Fi-based Smart Locks Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Wi-Fi-based Smart Locks by Geographic Region
4.1 World Historic Wi-Fi-based Smart Locks Market Size by Geographic Region (2019-2024)
4.1.1 Global Wi-Fi-based Smart Locks Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Wi-Fi-based Smart Locks Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Wi-Fi-based Smart Locks Market Size by Country/Region (2019-2024)
4.2.1 Global Wi-Fi-based Smart Locks Annual Sales by Country/Region (2019-2024)
4.2.2 Global Wi-Fi-based Smart Locks Annual Revenue by Country/Region (2019-2024)
4.3 Americas Wi-Fi-based Smart Locks Sales Growth
4.4 APAC Wi-Fi-based Smart Locks Sales Growth
4.5 Europe Wi-Fi-based Smart Locks Sales Growth
4.6 Middle East & Africa Wi-Fi-based Smart Locks Sales Growth
5 Americas
5.1 Americas Wi-Fi-based Smart Locks Sales by Country
5.1.1 Americas Wi-Fi-based Smart Locks Sales by Country (2019-2024)
5.1.2 Americas Wi-Fi-based Smart Locks Revenue by Country (2019-2024)
5.2 Americas Wi-Fi-based Smart Locks Sales by Type
5.3 Americas Wi-Fi-based Smart Locks Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wi-Fi-based Smart Locks Sales by Region
6.1.1 APAC Wi-Fi-based Smart Locks Sales by Region (2019-2024)
6.1.2 APAC Wi-Fi-based Smart Locks Revenue by Region (2019-2024)
6.2 APAC Wi-Fi-based Smart Locks Sales by Type
6.3 APAC Wi-Fi-based Smart Locks Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Wi-Fi-based Smart Locks by Country
7.1.1 Europe Wi-Fi-based Smart Locks Sales by Country (2019-2024)
7.1.2 Europe Wi-Fi-based Smart Locks Revenue by Country (2019-2024)
7.2 Europe Wi-Fi-based Smart Locks Sales by Type
7.3 Europe Wi-Fi-based Smart Locks Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wi-Fi-based Smart Locks by Country
8.1.1 Middle East & Africa Wi-Fi-based Smart Locks Sales by Country (2019-2024)
8.1.2 Middle East & Africa Wi-Fi-based Smart Locks Revenue by Country (2019-2024)
8.2 Middle East & Africa Wi-Fi-based Smart Locks Sales by Type
8.3 Middle East & Africa Wi-Fi-based Smart Locks Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Wi-Fi-based Smart Locks
10.3 Manufacturing Process Analysis of Wi-Fi-based Smart Locks
10.4 Industry Chain Structure of Wi-Fi-based Smart Locks
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Wi-Fi-based Smart Locks Distributors
11.3 Wi-Fi-based Smart Locks Customer
12 World Forecast Review for Wi-Fi-based Smart Locks by Geographic Region
12.1 Global Wi-Fi-based Smart Locks Market Size Forecast by Region
12.1.1 Global Wi-Fi-based Smart Locks Forecast by Region (2025-2030)
12.1.2 Global Wi-Fi-based Smart Locks Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Wi-Fi-based Smart Locks Forecast by Type
12.7 Global Wi-Fi-based Smart Locks Forecast by Application
13 Key Players Analysis
13.1 August
13.1.1 August Company Information
13.1.2 August Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.1.3 August Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 August Main Business Overview
13.1.5 August Latest Developments
13.2 Goji
13.2.1 Goji Company Information
13.2.2 Goji Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.2.3 Goji Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Goji Main Business Overview
13.2.5 Goji Latest Developments
13.3 UniKey
13.3.1 UniKey Company Information
13.3.2 UniKey Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.3.3 UniKey Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 UniKey Main Business Overview
13.3.5 UniKey Latest Developments
13.4 Yale
13.4.1 Yale Company Information
13.4.2 Yale Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.4.3 Yale Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Yale Main Business Overview
13.4.5 Yale Latest Developments
13.5 Danalock
13.5.1 Danalock Company Information
13.5.2 Danalock Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.5.3 Danalock Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Danalock Main Business Overview
13.5.5 Danalock Latest Developments
13.6 Lockitron Bolt
13.6.1 Lockitron Bolt Company Information
13.6.2 Lockitron Bolt Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.6.3 Lockitron Bolt Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Lockitron Bolt Main Business Overview
13.6.5 Lockitron Bolt Latest Developments
13.7 RemoteLock
13.7.1 RemoteLock Company Information
13.7.2 RemoteLock Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.7.3 RemoteLock Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 RemoteLock Main Business Overview
13.7.5 RemoteLock Latest Developments
13.8 Haven
13.8.1 Haven Company Information
13.8.2 Haven Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.8.3 Haven Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Haven Main Business Overview
13.8.5 Haven Latest Developments
13.9 Sesame
13.9.1 Sesame Company Information
13.9.2 Sesame Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.9.3 Sesame Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Sesame Main Business Overview
13.9.5 Sesame Latest Developments
13.10 Kwikset
13.10.1 Kwikset Company Information
13.10.2 Kwikset Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.10.3 Kwikset Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Kwikset Main Business Overview
13.10.5 Kwikset Latest Developments
13.11 Ola Locks
13.11.1 Ola Locks Company Information
13.11.2 Ola Locks Wi-Fi-based Smart Locks Product Portfolios and Specifications
13.11.3 Ola Locks Wi-Fi-based Smart Locks Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Ola Locks Main Business Overview
13.11.5 Ola Locks Latest Developments
14 Research Findings and Conclusion
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