Global Smart Bike Locks Market Growth 2023-2029

Global Smart Bike Locks Market Growth 2023-2029

The global Smart Bike Locks market size is projected to grow from US$ 88 million in 2022 to US$ 203.7 million in 2029; it is expected to grow at a CAGR of 203.7 from 2023 to 2029.

Global key players of smart bike locks include Fipilock, Omni and PentaLock, the top three players hold a share about 13%. Fipilock is the largest producer, with a share of 7%. North America is the largest market of smart bike locks, with a share about 38%, followed by Asia-Pacific and Europe, with shares about 24% and 33% separately. In terms of product type, unlocking with the app is the largest segment, with a share about 93%. And in terms of application, shared bike is the largest application, with a share about 64 percent.

Smart locks are simply bicycle locks that communicate with your smartphone via an app. They allow you to unlock your bike without a key, deliver theft/tampering alerts to your phone and offer GPS location services.

LPI (LP Information)' newest research report, the “Smart Bike Locks Industry Forecast” looks at past sales and reviews total world Smart Bike Locks sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Bike Locks sales for 2023 through 2029. With Smart Bike Locks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Bike Locks industry.

This Insight Report provides a comprehensive analysis of the global Smart Bike Locks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Bike Locks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Bike Locks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Bike Locks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Bike Locks.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Bike Locks market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Unlocking with the App
Unlocking with a Fingerprint

Segmentation by application
Shared Bike
Personal Bike

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.
LINKA
Bitlock
Fipilock
I LOCK IT
ABUS
eLinkSmart
AirBie
ZiiLock
TheiShare
AI Home Tech
Omni
UNLOCK2RIDE
PentaLock
Nokē
NUNET
TURBOLOCK

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Bike Locks market?

What factors are driving Smart Bike Locks market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Bike Locks market opportunities vary by end market size?

How does Smart Bike Locks break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.