Global Electronic Locks Market Research Report 2024(Status and Outlook)

Global Electronic Locks Market Research Report 2024(Status and Outlook)



Report Overview:

Electronic locks can be deactivated or opened by authentication such as passwords and passphrases, numerical codes, security tokens, RFID, and biometrics, among others.

The Global Electronic Locks Market Size was estimated at USD 1278.58 million in 2023 and is projected to reach USD 2028.95 million by 2029, exhibiting a CAGR of 8.00% during the forecast period.

This report provides a deep insight into the global Electronic Locks market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electronic Locks Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electronic Locks market in any manner.

Global Electronic Locks Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Honeywell International

Spectrum Brands

Assa Abloy

Cisco Systems

United Technologies

Salto Systems

Panasonic

Vanderbilt Industries

Kiekert Aktiengesellschaft

iLOQ

Kaba

CDV

DynaLock

LockState

Allegion

SimonsVoss

Videx Security

Seoul Commtech

Market Segmentation (by Type)

Electromagnetic Locks

Electronic Strikes

Electronic Deadbolts and Latches

Market Segmentation (by Application)

Residential Sector

Commercial Sector

Automotive Sector

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Electronic Locks Market
  • Overview of the regional outlook of the Electronic Locks Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Electronic Locks Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Electronic Locks
1.2 Key Market Segments
1.2.1 Electronic Locks Segment by Type
1.2.2 Electronic Locks Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Electronic Locks Market Overview
2.1 Global Market Overview
2.1.1 Global Electronic Locks Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Electronic Locks Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Electronic Locks Market Competitive Landscape
3.1 Global Electronic Locks Sales by Manufacturers (2019-2024)
3.2 Global Electronic Locks Revenue Market Share by Manufacturers (2019-2024)
3.3 Electronic Locks Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Electronic Locks Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Electronic Locks Sales Sites, Area Served, Product Type
3.6 Electronic Locks Market Competitive Situation and Trends
3.6.1 Electronic Locks Market Concentration Rate
3.6.2 Global 5 and 10 Largest Electronic Locks Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Electronic Locks Industry Chain Analysis
4.1 Electronic Locks Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Electronic Locks Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Electronic Locks Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Electronic Locks Sales Market Share by Type (2019-2024)
6.3 Global Electronic Locks Market Size Market Share by Type (2019-2024)
6.4 Global Electronic Locks Price by Type (2019-2024)
7 Electronic Locks Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Electronic Locks Market Sales by Application (2019-2024)
7.3 Global Electronic Locks Market Size (M USD) by Application (2019-2024)
7.4 Global Electronic Locks Sales Growth Rate by Application (2019-2024)
8 Electronic Locks Market Segmentation by Region
8.1 Global Electronic Locks Sales by Region
8.1.1 Global Electronic Locks Sales by Region
8.1.2 Global Electronic Locks Sales Market Share by Region
8.2 North America
8.2.1 North America Electronic Locks Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Electronic Locks Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Electronic Locks Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Electronic Locks Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Electronic Locks Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Honeywell International
9.1.1 Honeywell International Electronic Locks Basic Information
9.1.2 Honeywell International Electronic Locks Product Overview
9.1.3 Honeywell International Electronic Locks Product Market Performance
9.1.4 Honeywell International Business Overview
9.1.5 Honeywell International Electronic Locks SWOT Analysis
9.1.6 Honeywell International Recent Developments
9.2 Spectrum Brands
9.2.1 Spectrum Brands Electronic Locks Basic Information
9.2.2 Spectrum Brands Electronic Locks Product Overview
9.2.3 Spectrum Brands Electronic Locks Product Market Performance
9.2.4 Spectrum Brands Business Overview
9.2.5 Spectrum Brands Electronic Locks SWOT Analysis
9.2.6 Spectrum Brands Recent Developments
9.3 Assa Abloy
9.3.1 Assa Abloy Electronic Locks Basic Information
9.3.2 Assa Abloy Electronic Locks Product Overview
9.3.3 Assa Abloy Electronic Locks Product Market Performance
9.3.4 Assa Abloy Electronic Locks SWOT Analysis
9.3.5 Assa Abloy Business Overview
9.3.6 Assa Abloy Recent Developments
9.4 Cisco Systems
9.4.1 Cisco Systems Electronic Locks Basic Information
9.4.2 Cisco Systems Electronic Locks Product Overview
9.4.3 Cisco Systems Electronic Locks Product Market Performance
9.4.4 Cisco Systems Business Overview
9.4.5 Cisco Systems Recent Developments
9.5 United Technologies
9.5.1 United Technologies Electronic Locks Basic Information
9.5.2 United Technologies Electronic Locks Product Overview
9.5.3 United Technologies Electronic Locks Product Market Performance
9.5.4 United Technologies Business Overview
9.5.5 United Technologies Recent Developments
9.6 Salto Systems
9.6.1 Salto Systems Electronic Locks Basic Information
9.6.2 Salto Systems Electronic Locks Product Overview
9.6.3 Salto Systems Electronic Locks Product Market Performance
9.6.4 Salto Systems Business Overview
9.6.5 Salto Systems Recent Developments
9.7 Panasonic
9.7.1 Panasonic Electronic Locks Basic Information
9.7.2 Panasonic Electronic Locks Product Overview
9.7.3 Panasonic Electronic Locks Product Market Performance
9.7.4 Panasonic Business Overview
9.7.5 Panasonic Recent Developments
9.8 Vanderbilt Industries
9.8.1 Vanderbilt Industries Electronic Locks Basic Information
9.8.2 Vanderbilt Industries Electronic Locks Product Overview
9.8.3 Vanderbilt Industries Electronic Locks Product Market Performance
9.8.4 Vanderbilt Industries Business Overview
9.8.5 Vanderbilt Industries Recent Developments
9.9 Kiekert Aktiengesellschaft
9.9.1 Kiekert Aktiengesellschaft Electronic Locks Basic Information
9.9.2 Kiekert Aktiengesellschaft Electronic Locks Product Overview
9.9.3 Kiekert Aktiengesellschaft Electronic Locks Product Market Performance
9.9.4 Kiekert Aktiengesellschaft Business Overview
9.9.5 Kiekert Aktiengesellschaft Recent Developments
9.10 iLOQ
9.10.1 iLOQ Electronic Locks Basic Information
9.10.2 iLOQ Electronic Locks Product Overview
9.10.3 iLOQ Electronic Locks Product Market Performance
9.10.4 iLOQ Business Overview
9.10.5 iLOQ Recent Developments
9.11 Kaba
9.11.1 Kaba Electronic Locks Basic Information
9.11.2 Kaba Electronic Locks Product Overview
9.11.3 Kaba Electronic Locks Product Market Performance
9.11.4 Kaba Business Overview
9.11.5 Kaba Recent Developments
9.12 CDV
9.12.1 CDV Electronic Locks Basic Information
9.12.2 CDV Electronic Locks Product Overview
9.12.3 CDV Electronic Locks Product Market Performance
9.12.4 CDV Business Overview
9.12.5 CDV Recent Developments
9.13 DynaLock
9.13.1 DynaLock Electronic Locks Basic Information
9.13.2 DynaLock Electronic Locks Product Overview
9.13.3 DynaLock Electronic Locks Product Market Performance
9.13.4 DynaLock Business Overview
9.13.5 DynaLock Recent Developments
9.14 LockState
9.14.1 LockState Electronic Locks Basic Information
9.14.2 LockState Electronic Locks Product Overview
9.14.3 LockState Electronic Locks Product Market Performance
9.14.4 LockState Business Overview
9.14.5 LockState Recent Developments
9.15 Allegion
9.15.1 Allegion Electronic Locks Basic Information
9.15.2 Allegion Electronic Locks Product Overview
9.15.3 Allegion Electronic Locks Product Market Performance
9.15.4 Allegion Business Overview
9.15.5 Allegion Recent Developments
9.16 SimonsVoss
9.16.1 SimonsVoss Electronic Locks Basic Information
9.16.2 SimonsVoss Electronic Locks Product Overview
9.16.3 SimonsVoss Electronic Locks Product Market Performance
9.16.4 SimonsVoss Business Overview
9.16.5 SimonsVoss Recent Developments
9.17 Videx Security
9.17.1 Videx Security Electronic Locks Basic Information
9.17.2 Videx Security Electronic Locks Product Overview
9.17.3 Videx Security Electronic Locks Product Market Performance
9.17.4 Videx Security Business Overview
9.17.5 Videx Security Recent Developments
9.18 Seoul Commtech
9.18.1 Seoul Commtech Electronic Locks Basic Information
9.18.2 Seoul Commtech Electronic Locks Product Overview
9.18.3 Seoul Commtech Electronic Locks Product Market Performance
9.18.4 Seoul Commtech Business Overview
9.18.5 Seoul Commtech Recent Developments
10 Electronic Locks Market Forecast by Region
10.1 Global Electronic Locks Market Size Forecast
10.2 Global Electronic Locks Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Electronic Locks Market Size Forecast by Country
10.2.3 Asia Pacific Electronic Locks Market Size Forecast by Region
10.2.4 South America Electronic Locks Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Electronic Locks by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Electronic Locks Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Electronic Locks by Type (2025-2030)
11.1.2 Global Electronic Locks Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Electronic Locks by Type (2025-2030)
11.2 Global Electronic Locks Market Forecast by Application (2025-2030)
11.2.1 Global Electronic Locks Sales (K Units) Forecast by Application
11.2.2 Global Electronic Locks Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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