Los Angeles, CA -- (SBWIRE) -- 03/23/2019 -- This study focuses on the production side and consumption side of Smart Locks, presents the global Smart Locks market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Smart Locks capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Smart Locks by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Smart locks are widely available, and allow users to open & close a door without keys. Smart locks can provide people with a high level of safety that is not provided by typical locks and alarms.

Allegion, Kwikset (Spectrum Brands) and Master Lock (Fortune Brands) are the USA market leader. And just like ASSA ABLOY, Allegion continues to acquire peer companies to occupy more market share. In the Korean market, Samsung and ASSA ABLOY are the market masters. In Japan, MIWA Lock has absolute market share. August is a new enterprise in USA. In the future, August lock will be a strong contender.

Smart locks' downstream is wide and recently smart locks have acquired increasing significance in various fields of household field, commerce field and others. Globally, the smart locks market is mainly driven by growing demand for household.

According to our research and analysis, manufacturers from USA and Europe are the major leaders in the international market of smart locks. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price. With the development of Chinese smart locks production technology, their share in the global market will continue to increase, and competitiveness in the global market will also increases gradually.

The Smart Locks market was valued at 1950 Million US$ in 2017 and is projected to reach 2770 Million US$ by 2025, at a CAGR of 5.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Locks.

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This report includes the following manufacturers; we can also add the other companies as you want.

ASSA ABLOY

Samsung

Allegion

Kwikset (Spectrum Brands)

MIWA Lock

Master Lock (Fortune Brands)

Guangdong Be-Tech

Adel

August

Honeywell

Jiangmen Keyu Intelligence

Tenon

Locstar

Probuck

Guangdong Level Intelligent Lock

Market Segment by Product Type

Fingerprint Locks

Electronic Cipher Locks

Remote Locks

Others

Market Segment by Application

Household

Commercial

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Global Market by Region

North America

Asia-Pacific

Europe

Central and South America

Middle East and Africa

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