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The Global Smart Door Lock Market Size was estimated at USD 1,172.5 million in 2020 and is projected to reach USD 4,449.2 million by 2027, exhibiting a CAGR of 18.4% during the forecast period. The rising smart home adoption across the globe and an influx of companies coming up with innovative home automation technologies are also responsible for the growing smart lock demand. Industry players focus on offering commercially viable products and developing advanced techniques, including remote locking/unlocking of entrances, doors, and windows. Moreover, since the number of households with voice assistants is continuously increasing, manufacturers are integrating their offerings with such devices, enabling the locks to be voice-controlled. Such innovations are expected to result in considerable traction among customers since they are increasingly seeking advanced and convenient locking/unlocking procedures.

Bosson Research’s latest report provides a deep insight into the global Smart Lock market covering all its essential aspects. This ranges from 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 to shape the competition within the industries and strategies to the competitive environment in order 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 Global Smart Lock 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 Smart Lock market in any manner.

Global Smart Lock Market: Market Segmentation Analysis:

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

By Company	Type Segmentation
l ASSA ABLOY l Allegion l Dormakaba Group l Spectrum Brands l Samsung l MIWA Lock l Master Lock l KAADAS l LOOCK l DESSMANN l Guangdong Sakura Smart l Honeywell l Guangdong Be-Tech l SALTO l Nello l Locstar Technology Co., Ltd l ORVIBO l Guangdong AP Tenon Sci.& Tech.Co.,Ltd. l Hune l Guangdong Level Intelligent Lock Industrial Co., Ltd.	l Fingerprint Locks l Electronic Cipher Locks l Face Recognition Lock l Others
	Application Segmentation
	l Household l Commercial

Overview of the Regional Outlook of the Smart Lock Market:

Geographic Segmentation (M USD)		2016	2020	2027	Share (2020)	CAGR (2020-2027)
North America	USA	XX	XX	XX	XX%	XX%
	Canada	XX	XX	XX	XX%	XX%
	Mexico	XX	XX	XX	XX%	XX%
Europe	Germany	XX	XX	XX	XX%	XX%
	UK	XX	XX	XX	XX%	XX%
	France	XX	XX	XX	XX%	XX%
	Russia	XX	XX	XX	XX%	XX%
	Italy	XX	XX	XX	XX%	XX%
	Rest of Europe	XX	XX	XX	XX%	XX%
Asia-Pacific	China	XX	XX	XX	XX%	XX%
	Japan	XX	XX	XX	XX%	XX%
	South Korea	XX	XX	XX	XX%	XX%
	India	XX	XX	XX	XX%	XX%
	Southeast Asia	XX	XX	XX	XX%	XX%
	Rest of Asia-Pacific	XX	XX	XX	XX%	XX%
South America	Brazil	XX	XX	XX	XX%	XX%
	Argentina	XX	XX	XX	XX%	XX%
	Columbia	XX	XX	XX	XX%	XX%
	Rest of South America	XX	XX	XX	XX%	XX%
Middle East and Africa	Saudi Arabia	XX	XX	XX	XX%	XX%
	UAE	XX	XX	XX	XX%	XX%
	Egypt	XX	XX	XX	XX%	XX%
	Nigeria	XX	XX	XX	XX%	XX%
	South Africa	XX	XX	XX	XX%	XX%
	Rest of MEA	XX	XX	XX	XX%	XX%
Global		XX	XX	XX	XX	XX%

Key Contents of This Report:

• 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 Smart Lock Market

• Overview of the regional outlook of the Smart Lock Market:

Key Reasons to Buy this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• 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 with respect to 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 of 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

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Table of Contents

1 Smart Lock Market Competitive Landscape

1.1 Global Smart Lock Sales by Manufacturers (2016-2021)

1.2 Global Smart Lock Revenue Market Share by Manufacturers (2016-2021)

1.3 Smart Lock Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

1.4 Global Smart Lock Average Price by Manufacturers (2016-2021)

1.5 Manufacturers Smart Lock Sales Sites, Area Served, Product Type

1.6 Smart Lock Market Competitive Situation and Trends

1.6.1 Smart Lock Market Concentration Rate

1.6.2 Global 5 and 10 Largest Smart Lock Players Market Share by Revenue

1.6.3 Mergers & Acquisitions, Expansion

2 Smart Lock Industry Chain Analysis

2.1 Smart Lock Industry Chain Analysis

2.2 Market Overview and Market Concentration Analysis of Key Raw Materials

2.3 Midstream Market Analysis

2.4 Downstream Customer Analysis

3 The Development and Dynamics of Smart Lock Market

3.1 Key Development Trends

3.2 Driving Factors

3.3 Market Challenges

3.4 Market Restraints

3.5 Industry News

3.5.1 New Product Developments

3.5.2 Mergers & Acquisitions

3.5.3 Expansions

3.5.4 Collaboration/Supply Contracts

3.6 Industry Policies

4 Smart Lock Market Segmentation by Type

4.1 Evaluation Matrix of Segment Market Development Potential (Type)

4.2 Global Smart Lock Sales Market Share by Type (2016-2021)

4.3 Global Smart Lock Market Size Market Share by Type (2016-2021)

4.4 Global Smart Lock Price by Type (2016-2021)

5 Smart Lock Market Segmentation by Application

5.1 Evaluation Matrix of Segment Market Development Potential (Application)

5.2 Global Smart Lock Market Sales by Application (2016-2021)

5.3 Global Smart Lock Market Size (M USD) by Application (2016-2021)

5.4 Global Smart Lock Sales Growth Rate by Application (2016-2021)

6 Smart Lock Market Segmentation by Region

6.1 Global Smart Lock Sales by Region

6.1.1 Global Smart Lock Sales by Region

6.1.2 Global Smart Lock Sales Market Share by Region

6.2 North America

6.2.1 North America Smart Lock Sales by Country

6.3.1 Europe Smart Lock Sales by Country

6.4.1 Asia Pacific Smart Lock Sales by Region

6.5 South America

6.5.1 South America Smart Lock Sales by Country

6.5.2 Brazil

6.5.3 Argentina

6.5.4 Columbia

6.6 Middle East and Africa

6.6.1 Middle East and Africa Smart Lock Sales by Region

7 Key Companies Profiled

7.1 ASSA ABLOY

7.1.1 ASSA ABLOY Smart Lock Basic Information

7.1.2 ASSA ABLOY Smart Lock Product Overview

7.1.3 ASSA ABLOY Smart Lock Product Market Performance

7.1.4 ASSA ABLOY Business Overview

7.1.5 ASSA ABLOY Smart Lock SWOT Analysis

7.1.6 ASSA ABLOY Recent Developments

7.2 Allegion

7.2.1 Allegion Smart Lock Basic Information

7.2.2 Allegion Smart Lock Product Overview

7.2.3 Allegion Smart Lock Product Market Performance

7.2.4 Allegion Business Overview

7.2.5 Allegion Smart Lock SWOT Analysis

7.2.6 Allegion Recent Developments

7.3 Dormakaba Group

7.3.1 Dormakaba Group Smart Lock Basic Information

7.3.2 Dormakaba Group Smart Lock Product Overview

7.3.3 Dormakaba Group Smart Lock Product Market Performance

7.3.4 Dormakaba Group Business Overview

7.3.5 Dormakaba Group Smart Lock SWOT Analysis

7.3.6 Dormakaba Group Recent Developments

7.4 Spectrum Brands

7.4.1 Spectrum Brands Smart Lock Basic Information

7.4.2 Spectrum Brands Smart Lock Product Overview

7.4.3 Spectrum Brands Smart Lock Product Market Performance

7.4.4 Spectrum Brands Business Overview

7.4.5 Spectrum Brands Smart Lock SWOT Analysis

7.4.6 Spectrum Brands Recent Developments

7.5 Samsung

7.5.1 Samsung Smart Lock Basic Information

7.5.2 Samsung Smart Lock Product Overview

7.5.3 Samsung Smart Lock Product Market Performance

7.5.4 Samsung Business Overview

7.5.5 Samsung Smart Lock SWOT Analysis

7.5.6 Samsung Recent Developments

7.6 MIWA Lock

7.6.1 MIWA Lock Smart Lock Basic Information

7.6.2 MIWA Lock Smart Lock Product Overview

7.6.3 MIWA Lock Smart Lock Product Market Performance

7.6.4 MIWA Lock Business Overview

7.6.5 MIWA Lock Recent Developments

7.7 Master Lock

7.7.1 Master Lock Smart Lock Basic Information

7.7.2 Master Lock Smart Lock Product Overview

7.7.3 Master Lock Smart Lock Product Market Performance

7.7.4 Master Lock Business Overview

7.7.5 Master Lock Recent Developments

7.8 KAADAS

7.8.1 KAADAS Smart Lock Basic Information

7.8.2 KAADAS Smart Lock Product Overview

7.8.3 KAADAS Smart Lock Product Market Performance

7.8.4 KAADAS Business Overview

7.8.5 KAADAS Recent Developments

7.9 LOOCK

7.9.1 LOOCK Smart Lock Basic Information

7.9.2 LOOCK Smart Lock Product Overview

7.9.3 LOOCK Smart Lock Product Market Performance

7.9.4 LOOCK Business Overview

7.9.5 LOOCK Recent Developments

7.10 DESSMANN

7.10.1 DESSMANN Smart Lock Basic Information

7.10.2 DESSMANN Smart Lock Product Overview

7.10.3 DESSMANN Smart Lock Product Market Performance

7.10.4 DESSMANN Business Overview

7.10.5 DESSMANN Recent Developments

7.11 Guangdong Sakura Smart

7.11.1 Guangdong Sakura Smart Smart Lock Basic Information

7.11.2 Guangdong Sakura Smart Smart Lock Product Overview

7.11.3 Guangdong Sakura Smart Smart Lock Product Market Performance

7.11.4 Guangdong Sakura Smart Business Overview

7.11.5 Guangdong Sakura Smart Recent Developments

7.12 Honeywell

7.12.1 Honeywell Smart Lock Basic Information

7.12.2 Honeywell Smart Lock Product Overview

7.12.3 Honeywell Smart Lock Product Market Performance

7.12.4 Honeywell Business Overview

7.12.5 Honeywell Recent Developments

7.13 Guangdong Be-Tech

7.13.1 Guangdong Be-Tech Smart Lock Basic Information

7.13.2 Guangdong Be-Tech Smart Lock Product Overview

7.13.3 Guangdong Be-Tech Smart Lock Product Market Performance

7.13.4 Guangdong Be-Tech Business Overview

7.13.5 Guangdong Be-Tech Recent Developments

7.14 SALTO

7.14.1 SALTO Smart Lock Basic Information

7.14.2 SALTO Smart Lock Product Overview

7.14.3 SALTO Smart Lock Product Market Performance

7.14.4 SALTO Business Overview

7.14.5 SALTO Recent Developments

7.15 Nello

7.15.1 Nello Smart Lock Basic Information

7.15.2 Nello Smart Lock Product Overview

7.15.3 Nello Smart Lock Product Market Performance

7.15.4 Nello Business Overview

7.15.5 Nello Recent Developments

7.16 Locstar Technology Co., Ltd

7.16.1 Locstar Technology Co., Ltd Smart Lock Basic Information

7.16.2 Locstar Technology Co., Ltd Smart Lock Product Overview

7.16.3 Locstar Technology Co., Ltd Smart Lock Product Market Performance

7.16.4 Locstar Technology Co., Ltd Business Overview

7.16.5 Locstar Technology Co., Ltd Recent Developments

7.17 ORVIBO

7.17.1 ORVIBO Smart Lock Basic Information

7.17.2 ORVIBO Smart Lock Product Overview

7.17.3 ORVIBO Smart Lock Product Market Performance

7.17.4 ORVIBO Business Overview

7.17.5 ORVIBO Recent Developments

7.18 Hune

7.18.1 Hune Smart Lock Basic Information

7.18.2 Hune Smart Lock Product Overview

7.18.3 Hune Smart Lock Product Market Performance

7.18.4 Hune Business Overview

7.18.5 Hune Recent Developments

7.19 Guangdong Level Intelligent Lock Industrial Co., Ltd.

7.19.1 Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Basic Information

7.19.2 Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Product Overview

7.19.3 Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Product Market Performance

7.19.4 Guangdong Level Intelligent Lock Industrial Co., Ltd. Business Overview

7.19.5 Guangdong Level Intelligent Lock Industrial Co., Ltd. Recent Developments

8 Smart Lock Market Forecast by Region

8.1 Global Smart Lock Market Size Forecast

8.2 Global Smart Lock Market Forecast by Region

8.2.1 North America Market Size Forecast by Country

8.2.2 Europe Smart Lock Market Size Forecast by Country

8.2.3 Asia Pacific Smart Lock Market Size Forecast by Region

8.2.4 South America Smart Lock Market Size Forecast by Country

8.2.5 Middle East and Africa Forecasted Consumption of Smart Lock by Country

9 Forecast Market by Type and by Application (2022-2027)

9.1 Global Smart Lock Market Forecast by Type (2022-2027)

9.1.1 Global Forecasted Sales of Smart Lock by Type (2022-2027)

9.1.2 Global Smart Lock Market Size Forecast by Type (2022-2027)

9.1.3 Global Forecasted Price of Smart Lock by Type (2022-2027)

9.2 Global Smart Lock Market Forecast by Application (2022-2027)

9.2.1 Global Smart Lock Sales (K Units) Forecast by Application

9.2.2 Global Smart Lock Market Size (M USD) Forecast by Application (2022-2027)

10 Conclusion and Key Findings

List of Tables

Table 1. Global Smart Lock Sales (K Units) by Manufacturers (2016-2021)

Table 2. Global Smart Lock Sales Market Share by Manufacturers (2016-2021)

Table 3. Global Smart Lock Revenue (M USD) by Manufacturers (2016-2021)

Table 4. Global Smart Lock Revenue Share by Manufacturers (2016-2021)

Table 5. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Lock as of 2020)

Table 6. Global Market Smart Lock Average Price (USD/Unit) of Key Manufacturers (2016-2021)

Table 7. Manufacturers Smart Lock Sales Sites and Area Served

Table 8. Manufacturers Smart Lock Product Type

Table 9. Global Smart Lock Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 10. Mergers & Acquisitions, Expansion Plans

Table 11. Industry Chain Map of Smart Lock

Table 12. Raw Materials

Table 13. Midstream Market Analysis

Table 14. Downstream Customer Analysis

Table 15. Key Development Trends

Table 16. Driving Factors

Table 17. Smart Lock Market Challenges

Table 18. Market Restraints

Table 19. Global Smart Lock Sales by Type (K Units)

Table 20. Global Smart Lock Market Size by Type (M USD)

Table 21. Global Smart Lock Sales (K Units) by Type (2016-2021)

Table 22. Global Smart Lock Sales Market Share by Type (2016-2021)

Table 23. Global Smart Lock Market Size (M USD) by Type (2016-2021)

Table 24. Global Smart Lock Market Size Share by Type (2016-2021)

Table 25. Global Smart Lock Price (USD/Unit) by Type (2016-2021)

Table 26. Global Smart Lock Sales (K Units) by Application

Table 27. Global Smart Lock Market Size by Application

Table 28. Global Smart Lock Sales by Application (2016-2021) & (K Units)

Table 29. Global Smart Lock Sales Market Share by Application (2016-2021)

Table 30. Global Smart Lock Sales by Application (2016-2021) & (M USD)

Table 31. Global Smart Lock Market Share by Application (2016-2021)

Table 32. Global Smart Lock Sales Growth Rate by Application (2016-2021)

Table 33. Global Smart Lock Sales by Region (2016-2021) & (K Units)

Table 34. Global Smart Lock Sales Market Share by Region (2016-2021)

Table 35. North America Smart Lock Sales by Country (2016-2021) & (K Units)

Table 36. Europe Smart Lock Sales by Country (2016-2021) & (K Units)

Table 37. Asia Pacific Smart Lock Sales by Region (2016-2021) & (K Units)

Table 38. South America Smart Lock Sales by Country (2016-2021) & (K Units)

Table 39. Middle East and Africa Smart Lock Sales by Region (2016-2021) & (K Units)

Table 40. ASSA ABLOY Smart Lock Basic Information

Table 41. ASSA ABLOY Smart Lock Product Overview

Table 42. ASSA ABLOY Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 43. ASSA ABLOY Business Overview

Table 44. ASSA ABLOY Smart Lock SWOT Analysis

Table 45. ASSA ABLOY Recent Developments

Table 46. Allegion Smart Lock Basic Information

Table 47. Allegion Smart Lock Product Overview

Table 48. Allegion Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 49. Allegion Business Overview

Table 50. Allegion Smart Lock SWOT Analysis

Table 51. Allegion Recent Developments

Table 52. Dormakaba Group Smart Lock Basic Information

Table 53. Dormakaba Group Smart Lock Product Overview

Table 54. Dormakaba Group Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 55. Dormakaba Group Business Overview

Table 56. Dormakaba Group Smart Lock SWOT Analysis

Table 57. Dormakaba Group Recent Developments

Table 58. Spectrum Brands Smart Lock Basic Information

Table 59. Spectrum Brands Smart Lock Product Overview

Table 60. Spectrum Brands Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 61. Spectrum Brands Business Overview

Table 62. Spectrum Brands Smart Lock SWOT Analysis

Table 63. Spectrum Brands Recent Developments

Table 64. Samsung Smart Lock Basic Information

Table 65. Samsung Smart Lock Product Overview

Table 66. Samsung Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 67. Samsung Business Overview

Table 68. Samsung Smart Lock SWOT Analysis

Table 69. Samsung Recent Developments

Table 70. MIWA Lock Smart Lock Basic Information

Table 71. MIWA Lock Smart Lock Product Overview

Table 72. MIWA Lock Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 73. MIWA Lock Business Overview

Table 74. MIWA Lock Recent Developments

Table 75. Master Lock Smart Lock Basic Information

Table 76. Master Lock Smart Lock Product Overview

Table 77. Master Lock Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 78. Master Lock Business Overview

Table 79. Master Lock Recent Developments

Table 80. KAADAS Smart Lock Basic Information

Table 81. KAADAS Smart Lock Product Overview

Table 82. KAADAS Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 83. KAADAS Business Overview

Table 84. KAADAS Recent Developments

Table 85. LOOCK Smart Lock Basic Information

Table 86. LOOCK Smart Lock Product Overview

Table 87. LOOCK Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 88. LOOCK Business Overview

Table 89. LOOCK Recent Developments

Table 90. DESSMANN Smart Lock Basic Information

Table 91. DESSMANN Smart Lock Product Overview

Table 92. DESSMANN Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 93. DESSMANN Business Overview

Table 94. DESSMANN Recent Developments

Table 95. Guangdong Sakura Smart Smart Lock Basic Information

Table 96. Guangdong Sakura Smart Smart Lock Product Overview

Table 97. Guangdong Sakura Smart Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 98. Guangdong Sakura Smart Business Overview

Table 99. Guangdong Sakura Smart Recent Developments

Table 100. Honeywell Smart Lock Basic Information

Table 101. Honeywell Smart Lock Product Overview

Table 102. Honeywell Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 103. Honeywell Business Overview

Table 104. Honeywell Recent Developments

Table 105. Guangdong Be-Tech Smart Lock Basic Information

Table 106. Guangdong Be-Tech Smart Lock Product Overview

Table 107. Guangdong Be-Tech Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 108. Guangdong Be-Tech Business Overview

Table 109. Guangdong Be-Tech Recent Developments

Table 110. SALTO Smart Lock Basic Information

Table 111. SALTO Smart Lock Product Overview

Table 112. SALTO Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 113. SALTO Business Overview

Table 114. SALTO Recent Developments

Table 115. Nello Smart Lock Basic Information

Table 116. Nello Smart Lock Product Overview

Table 117. Nello Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 118. Nello Business Overview

Table 119. Nello Recent Developments

Table 120. Locstar Technology Co., Ltd Smart Lock Basic Information

Table 121. Locstar Technology Co., Ltd Smart Lock Product Overview

Table 122. Locstar Technology Co., Ltd Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 123. Locstar Technology Co., Ltd Business Overview

Table 124. Locstar Technology Co., Ltd Recent Developments

Table 125. ORVIBO Smart Lock Basic Information

Table 126. ORVIBO Smart Lock Product Overview

Table 127. ORVIBO Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 128. ORVIBO Business Overview

Table 129. ORVIBO Recent Developments

Table 130. Hune Smart Lock Basic Information

Table 131. Hune Smart Lock Product Overview

Table 132. Hune Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 133. Hune Business Overview

Table 134. Hune Recent Developments

Table 135. Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Basic Information

Table 136. Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Product Overview

Table 137. Guangdong Level Intelligent Lock Industrial Co., Ltd. Smart Lock Sales (K Units), Market Size (M USD), Price (USD/Unit) and Gross Margin (2016-2021)

Table 138. Guangdong Level Intelligent Lock Industrial Co., Ltd. Business Overview

Table 139. Guangdong Level Intelligent Lock Industrial Co., Ltd. Recent Developments

Table 140. Global Smart Lock Sales Forecast by Region (K Units)

Table 141. Global Smart Lock Market Size Forecast by Region (M USD)

Table 142. North America Smart Lock Sales Forecast by Country (2022-2027) & (K Units)

Table 143. North America Smart Lock Market Size Forecast by Country (2022-2027) & (M USD)

Table 144. Europe Smart Lock Sales Forecast by Country (2022-2027) & (K Units)

Table 145. Europe Smart Lock Market Size Forecast by Country (2022-2027) & (M USD)

Table 146. Asia Pacific Smart Lock Sales Forecast by Region (2022-2027) & (K Units)

Table 147. Asia Pacific Smart Lock Market Size Forecast by Region (2022-2027) & (M USD)

Table 148. South America Smart Lock Sales Forecast by Country (2022-2027) & (K Units)

Table 149. South America Smart Lock Market Size Forecast by Country (2022-2027) & (M USD)

Table 150. Middle East and Africa Smart Lock Consumption Forecast by Country (2022-2027) & (Units)

Table 151. Middle East and Africa Smart Lock Market Size Forecast by Country (2022-2027) & (M USD)

Table 152. Global Smart Lock Sales Forecast by Type (2022-2027) & (K Units)

Table 153. Global Smart Lock Market Size Forecast by Type (2022-2027) & (M USD)

Table 154. Global Smart Lock Price Forecast by Type (2022-2027) & (USD/Unit)

Table 155. Global Smart Lock Sales (K Units) Forecast by Application (2022-2027)

Table 156. Global Smart Lock Market Size Forecast by Application (2022-2027) & (M USD)

List of Figures

Figure 1. Smart Lock Sales Share by Manufacturers in 2020

Figure 2. Global Smart Lock Revenue Share by Manufacturers in 2020

Figure 3. Smart Lock Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2020

Figure 4. Global Market Smart Lock Average Price (USD/Unit) of Key Manufacturers in 2020

Figure 5. The Global 5 and 10 Largest Players: Market Share by Smart Lock Revenue in 2020

Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)

Figure 7. Global Smart Lock Market Share by Type

Figure 8. Sales Market Share of Smart Lock by Type (2016-2021)

Figure 9. Sales Market Share of Smart Lock by Type in 2020

Figure 10. Market Size Share of Smart Lock by Type (2016-2021)

Figure 11. Market Size Market Share of Smart Lock by Type in 2020

Figure 12. Global Smart Lock Market Share by Application

Figure 13. Global Smart Lock Sales Market Share by Application (2016-2021)

Figure 14. Global Smart Lock Sales Market Share by Application in 2020

Figure 15. Global Smart Lock Market Share by Application (2016-2021)

Figure 16. Global Smart Lock Market Share by Application in 2020

Figure 17. Global Smart Lock Sales Growth Rate by Application (2016-2021)

Figure 18. Global Smart Lock Sales Market Share by Region (2016-2021)

Figure 19. North America Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 20. North America Smart Lock Sales Market Share by Country in 2020

Figure 21. U.S. Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 22. Canada Smart Lock Sales (K Units) and Growth Rate (2016-2021)

Figure 23. Mexico Smart Lock Sales (Units) and Growth Rate (2016-2021)

Figure 24. Europe Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 25. Europe Smart Lock Sales Market Share by Country in 2020

Figure 26. Germany Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 27. France Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 28. U.K. Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 29. Italy Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 30. Russia Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 31. Asia Pacific Smart Lock Sales and Growth Rate (K Units)

Figure 32. Asia Pacific Smart Lock Sales Market Share by Region in 2020

Figure 33. China Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 34. Japan Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 35. South Korea Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 36. India Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 37. Southeast Asia Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 38. South America Smart Lock Sales and Growth Rate (K Units)

Figure 39. South America Smart Lock Sales Market Share by Country in 2020

Figure 40. Brazil Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 41. Argentina Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 42. Columbia Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 43. Middle East and Africa Smart Lock Sales and Growth Rate (K Units)

Figure 44. Middle East and Africa Smart Lock Sales Market Share by Region in 2020

Figure 45. Saudi Arabia Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 46. UAE Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 47. Egypt Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 48. Nigeria Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 49. South Africa Smart Lock Sales and Growth Rate (2016-2021) & (K Units)

Figure 50. Global Smart Lock Sales Forecast by Volume (2016-2027) & (K Units)

Figure 51. Global Smart Lock Market Size Forecast by Value (2016-2027) & (M USD)

Figure 52. Global Smart Lock Sales Market Share Forecast by Type (2022-2027)

Figure 53. Global Smart Lock Market Share Forecast by Type (2022-2027)

Figure 54. Global Smart Lock Sales Forecast by Application (2022-2027)

Figure 55. Global Smart Lock Market Share Forecast by Application (2022-2027)

1 Smart Lock Market Competitive Landscape

1.1 Global Smart Lock Sales by Manufacturers (2016-2021)

This report focuses on the major manufacturers of Smart Lock around the world. The following table shows the Smart Lock Sales and Revenue of these companies, in 2020.

The below details the Smart Lock Sales and market share of major manufacturers, from 2016 to 2021. The data for 2020 is an estimate, based on the historical figures and the data we interviewed this year.

Major manufacturers in the market are identified through secondary research and their market Revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top companies, whereas primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, growth rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

Table 1. Global Smart Lock Sales (K Units) by Manufacturers (2016-2021)

Company	2016	2017	2018	2019	2020	2021
ASSA ABLOY	XX	XX	XX	XX	XX	XX
Allegion	XX	XX	XX	XX	XX	XX
Dormakaba Group	XX	XX	XX	XX	XX	XX
Spectrum Brands	XX	XX	XX	XX	XX	XX
Samsung	XX	XX	XX	XX	XX	XX
MIWA Lock	XX	XX	XX	XX	XX	XX
Master Lock	XX	XX	XX	XX	XX	XX
KAADAS	XX	XX	XX	XX	XX	XX
LOOCK	XX	XX	XX	XX	XX	XX
DESSMANN	XX	XX	XX	XX	XX	XX
Guangdong Sakura Smart	XX	XX	XX	XX	XX	XX
Honeywell	XX	XX	XX	XX	XX	XX
Guangdong Be-Tech	XX	XX	XX	XX	XX	XX
SALTO	XX	XX	XX	XX	XX	XX
Nello	XX	XX	XX	XX	XX	XX
Locstar Technology Co., Ltd	XX	XX	XX	XX	XX	XX
ORVIBO	XX	XX	XX	XX	XX	XX
Hune	XX	XX	XX	XX	XX	XX
Guangdong Level Intelligent Lock Industrial Co., Ltd.	XX	XX	XX	XX	XX	XX
Total	XX	XX	XX	XX	XX	XX

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Table 2. Global Smart Lock Sales Market Share by Manufacturers (2016-2021)

Company	2016	2017	2018	2019	2020	2021
ASSA ABLOY	XX%	XX%	XX%	XX%	XX%	XX%
Allegion	XX%	XX%	XX%	XX%	XX%	XX%
Dormakaba Group	XX%	XX%	XX%	XX%	XX%	XX%
Spectrum Brands	XX%	XX%	XX%	XX%	XX%	XX%
Samsung	XX%	XX%	XX%	XX%	XX%	XX%
MIWA Lock	XX%	XX%	XX%	XX%	XX%	XX%
Master Lock	XX%	XX%	XX%	XX%	XX%	XX%
KAADAS	XX%	XX%	XX%	XX%	XX%	XX%
LOOCK	XX%	XX%	XX%	XX%	XX%	XX%
DESSMANN	XX%	XX%	XX%	XX%	XX%	XX%










Total	100%	100%	100%	100%	100%	100%

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Figure 1. Smart Lock Sales Share by Manufacturers in 2020

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

1.2 Global Smart Lock Revenue Market Share by Manufacturers (2016-2021)

The market estimations in this report are based on the ex-factory price of Smart Lock (excluding any discounts provided by the manufacturers, distributors, wholesalers, or traders).

The table below details the Smart Lock Revenue and market share of major manufacturers, from 2016 to 2021.

The data for 2020 is an estimate, based on the historical figures and the data we interviewed this year.

Table 3. Global Smart Lock Revenue (M USD) by Manufacturers (2016-2021)

Company	2016	2017	2018	2019	2020	2021
ASSA ABLOY	XX	XX	XX	XX	XX	XX
Allegion	XX	XX	XX	XX	XX	XX
Dormakaba Group	XX	XX	XX	XX	XX	XX
Spectrum Brands	XX	XX	XX	XX	XX	XX
Samsung	XX	XX	XX	XX	XX	XX
MIWA Lock	XX	XX	XX	XX	XX	XX
Master Lock	XX	XX	XX	XX	XX	XX
KAADAS	XX	XX	XX	XX	XX	XX
LOOCK	XX	XX	XX	XX	XX	XX
DESSMANN	XX	XX	XX	XX	XX	XX










Total	XX	XX	XX	XX	XX	XX

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Table 4. Global Smart Lock Revenue Share by Manufacturers (2016-2021)

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Figure 2. Global Smart Lock Revenue Share by Manufacturers in 2020

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

1.3 Smart Lock Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

At present, the Smart Lock players have formed a competition form between the first tier and the second tier and the third tier.

Note: the 3 tiers of companies are defined based on their Revenue in Smart Lock as of 2020. Tier 1=> US$ xx million, Tier 2= US$ xx million to US$ xx million, and Tier 3=< US$ xx million.

Table 5. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Lock as of 2020)

Company	Revenue (M USD) in 2020	Company Type (Sample)
ASSA ABLOY	XX	Tier 1
Allegion	XX	Tier 1
Dormakaba Group	XX	Tier 2
Spectrum Brands	XX	Tier 2
Samsung	XX	Tier 3
MIWA Lock	XX	Tier 3
Master Lock	XX	Tier 1
KAADAS	XX	Tier 1
LOOCK	XX	Tier 2
DESSMANN	XX	Tier 2










Total	XX	Tier 1

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Figure 3. Smart Lock Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2020

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

1.4 Global Smart Lock Average Price by Manufacturers (2016-2021)

The table below shows the average ex-factory price of Smart Lock for each company, based on the Revenue and Sales of Smart Lock.

Table 6. Global Market Smart Lock Average Price (USD/Unit) of Key Manufacturers (2016-2021)

Company	2016	2017	2018	2019	2020	2021
ASSA ABLOY	XX	XX	XX	XX	XX	XX
Allegion	XX	XX	XX	XX	XX	XX
Dormakaba Group	XX	XX	XX	XX	XX	XX
Spectrum Brands	XX	XX	XX	XX	XX	XX
Samsung	XX	XX	XX	XX	XX	XX
MIWA Lock	XX	XX	XX	XX	XX	XX
Master Lock	XX	XX	XX	XX	XX	XX
KAADAS	XX	XX	XX	XX	XX	XX
LOOCK	XX	XX	XX	XX	XX	XX
DESSMANN	XX	XX	XX	XX	XX	XX

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Figure 4. Global Market Smart Lock Average Price (USD/Unit) of Key Manufacturers in 2020

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

1.5 Manufacturers Smart Lock Sales Sites, Area Served, Product Type

Table 7. Manufacturers Smart Lock Sales Sites and Area Served

Company	Manufacturing Sites	Headquarters	Area Served
ASSA ABLOY	XX	XX	XX
Allegion	XX	XX	XX
Dormakaba Group	XX	XX	XX
Spectrum Brands	XX	XX	XX
Samsung	XX	XX	XX
MIWA Lock	XX	XX	XX
Master Lock	XX	XX	XX
KAADAS	XX	XX	XX
LOOCK	XX	XX	XX
DESSMANN	XX	XX	XX

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

Table 8. Manufacturers Smart Lock Product Type

Company	Product Type
ASSA ABLOY	Fingerprint Locks
Allegion	XX
Dormakaba Group	XX
Spectrum Brands	XX
Samsung	XX
MIWA Lock	XX
Master Lock	XX
KAADAS	XX
LOOCK	XX
DESSMANN	XX

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

1.6 Smart Lock Market Competitive Situation and Trends

1.6.1 Smart Lock Market Concentration Rate

The standard tools of competition economists and competition authorities to measure market concentration are the Herfindahl-Hirschman Index (HHI) and the concentration ratios (CR(n)).

The Herfindahl-Hirschman Index (HHI) is a common measure of market concentration that is used to determine market competitiveness. The Herfindahl-Hirschman Index (HHI) is a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in a market and then summing the resulting numbers. It can range from close to zero to 10,000.

The Herfindahl Index (H) ranges from 1/N to one, where N is the number of firms in the market. Equivalently, if percents are used as whole numbers, as in 75 instead of 0.75, the index can range up to 1002, or 10,000.

An H below 0.01 (or 100) indicates a highly competitive industry, Mergers and acquisitions with an increase of 100 points or less will usually not have any anti competitive effects and will require no further analysis.

An H below 0.15 (or 1,500) indicates an unconcentrated industry. Mergers and acquisitions between 100 and 1500 points are unlikely to have anti-competitive effects and will most likely not need further analysis.

An H between 0.15 and 0.25 (or 1,500 to 2,500) indicates moderate concentration. Mergers and acquisitions that result in moderate market concentration from HHI increases will raise anti-competitive concerns and will require further analysis.

An H above 0.25 (above 2,500) indicates high concentration. Mergers and acquisitions with HHI scores of 2500 or above will be considered anti competitive and an in-depth analysis produced, if the scores are well above 2500 they are considered to enhance market power they may only be allowed to progress when significant evidence is shown that the merger or acquisition will not increase market power.

The concentration ratio is the percentage of market share owned by the largest n firms in an industry, where n is a specified number of firms. In this report, we present the CR5, means the market share of the five largest firms.

Below table details the market concentration ratio in the past three years. The top five manufacturers held xx% of the market, in terms of Smart Lock Revenue in 2020.

Table 9. Global Smart Lock Manufacturers Market Concentration Ratio (CR5 and HHI)

	Company	2019	2020	2021
1	ASSA ABLOY	xx%	xx%	xx%
2	Allegion	xx%	xx%	xx%
3	Dormakaba Group	xx%	xx%	xx%
4	Spectrum Brands	xx%	xx%	xx%
5	Samsung	xx%	xx%	xx%
	Total	xx%	xx%	xx%
	CR 5	xx%	xx%	xx%
	HHI	xx	xx	xx

Source: Above companies; Secondary Sources and Bosson Research, 2021

1.6.2 Global 5 and 10 Largest Smart Lock Players Market Share by Revenue

Figure 5. The Global 5 and 10 Largest Players: Market Share by Smart Lock Revenue in 2020

Source: Above companies; Secondary Sources and Bosson Research, 2021

1.6.3 Mergers & Acquisitions, Expansion

Table 10. Mergers & Acquisitions, Expansion Plans

Date	Business Activity

Source: Above companies; Secondary Sources, Expert Interviews and Bosson Research, 2021

2 Smart Lock Industry Chain Analysis

2.1 Smart Lock Industry Chain Analysis

Table 11. Industry Chain Map of Smart Lock

Source: Secondary Sources and Bosson Research, 2021

2.2 Market Overview and Market Concentration Analysis of Key Raw Materials

Table 12. Raw Materials

	Market Overview and Market Concentration Analysis
Raw Material A
Raw Material B
Raw Material C
Raw Material D

Source: Above companies; Secondary Sources and Bosson Research

2.3 Midstream Market Analysis

Table 13. Midstream Market Analysis

Customer Type	Company	Market Positioning
Tier 1,	Company 1
	Company 2
	Company 3
	Company 4
	Company 5
Tier 2,	Company 1
	Company 2
	Company 3
	Company 4
	Company 5
Tier 3	Company 1
	Company 2
	Company 3
	Company 4
	Company 5

Source: Above companies; Secondary Sources and Bosson Research

2.4 Downstream Customer Analysis

Table 14. Downstream Customer Analysis

Customer Type	Company	Website
Customer Type 1	Customer 1
	Customer 2
	Customer 3
	Customer 4
	Customer 5
Customer Type 2	Customer 1
	Customer 2
	Customer 3
	Customer 4
	Customer 5
Customer Type 3	Customer 1
	Customer 2
	Customer 3
	Customer 4
	Customer 5

Source: Above companies; Secondary Sources and Bosson Research

3 The Development and Dynamics of Smart Lock Market

3.1 Key Development Trends

Table 15. Key Development Trends

Key Trends	Description

Source: Secondary Sources, Expert Interviews and Bosson Research, 2021

3.2 Driving Factors

Table 16. Driving Factors

Key Drivers	Description

Source: Secondary Sources, Expert Interviews and Bosson Research, 2021

3.3 Market Challenges

Table 17. Smart Lock Market Challenges

Source: Secondary Sources, Expert Interviews and Bosson Research, 2021

3.4 Market Restraints

Table 18. Market Restraints

Restraints

Source: Secondary Sources, Expert Interviews and Bosson Research, 2021

3.5 Industry News

3.5.1 New Product Developments

3.5.2 Mergers & Acquisitions

3.5.3 Expansions

3.5.4 Collaboration/Supply Contracts

3.6 Industry Policies

4 Smart Lock Market Segmentation by Type

4.1 Evaluation Matrix of Segment Market Development Potential (Type)

Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)

Secondary Sources, Press Releases, Expert Interviews and Bosson Research, 2021

Table 19. Global Smart Lock Sales by Type (K Units)

(K Units)	2016	2020	2021	2027	Share(2020)	CAGR(2021-2027)
Fingerprint Locks	XX	XX	XX	XX	XX%		XX%
Electronic Cipher Locks	XX	XX	XX	XX	XX%		XX%
Face Recognition Lock	XX	XX	XX	XX	XX%		XX%
Others	XX	XX	XX	XX	XX%		XX%
Total	XX	XX	XX	XX	XX%		XX%

Source: Secondary Sources and Bosson Research, 2021

The table below visually and clearly details the market size of Smart Lock, in volume (K Units) and value (M USD), market share and growth trend of each type in 2021 and 2027.

The CAGR (2021-2027) is based on the value of Smart Lock for each type and the overall market.

Table 20. Global Smart Lock Market Size by Type (M USD)

(M USD)	2016	2020	2021	2027	Share(2020)	CAGR(2021-2027)
Fingerprint Locks	XX	XX	XX	XX	XX%	XX%
Electronic Cipher Locks	XX	XX	XX	XX	XX%	XX%
Face Recognition Lock	XX	XX	XX	XX	XX%	XX%
Others	XX	XX	XX	XX	XX%	XX%
Total	XX	XX	XX	XX	XX%	XX%

Source: Secondary Sources and Bosson Research, 2021

Figure 7. Global Smart Lock Market Share by Type

Source: Secondary Sources and Bosson Research, 2021

4.2 Global Smart Lock Sales Market Share by Type (2016-2021)

Table 21. Global Smart Lock Sales (K Units) by Type (2016-2021)

Segment by Type	2016	2017	2018	2019	2020	2021
Fingerprint Locks	XX	XX	XX	XX	XX	XX
Electronic Cipher Locks	XX	XX	XX	XX	XX	XX







Total

Source: Secondary Sources and Bosson Research, 2021

Table 22. Global Smart Lock Sales Market Share by Type (2016-2021)

Segment by Type	2016	2017	2018	2019	2020	2021
Fingerprint Locks	XX%	XX%	XX%	XX%	XX%	XX%
Electronic Cipher Locks	XX%	XX%	XX%	XX%	XX%	XX%







Total	100%	100%	100%	100%	100%	100%

Source: Secondary Sources and Bosson Research, 2021

Figure 8. Sales Market Share of Smart Lock by Type (2016-2021)

Source: Secondary Sources and Bosson Research, 2021

Figure 9. Sales Market Share of Smart Lock by Type in 2020

Source: Secondary Sources and Bosson Research, 2021

4.3 Global Smart Lock Market Size Market Share by Type (2016-2021)

Table 23. Global Smart Lock Market Size (M USD) by Type (2016-2021)

Segment by Type	2016	2017	2018	2019	2020	2021
Fingerprint Locks	XX	XX	XX	XX	XX	XX
Electronic Cipher Locks	XX	XX	XX	XX	XX	XX







Total

Source: Secondary Sources and Bosson Research, 2021

Table 24. Global Smart Lock Market Size Share by Type (2016-2021)

Source: Secondary Sources and Bosson Research, 2021

Figure 10. Market Size Share of Smart Lock by Type (2016-2021)

Source: Secondary Sources and Bosson Research, 2021

Figure 11. Market Size Market Share of Smart Lock by Type in 2020

Source: Secondary Sources and Bosson Research, 2021

4.4 Global Smart Lock Price by Type (2016-2021)

Table 25. Global Smart Lock Price (USD/Unit) by Type (2016-2021)

Segment by Type	2016	2017	2018	2019	2020	2021
Fingerprint Locks	XX	XX	XX	XX	XX	XX
Electronic Cipher Locks	XX	XX	XX	XX	XX	XX

Source: Secondary Sources and Bosson Research, 2021

5 Smart Lock Market Segmentation by Application

5.1 Evaluation Matrix of Segment Market Development Potential (Application)

Secondary Sources, Press Releases, Expert Interviews and Bosson Research, 2021

Table 26. Global Smart Lock Sales (K Units) by Application

	2016	2020	2021	2027	Share(2020)	CAGR(2021-2027)
Household	XX	XX	XX	XX	XX%	XX%
Commercial	XX	XX	XX	XX	XX%	XX%
Household	XX	XX	XX	XX	XX%	XX%
Total	XX	XX	XX	XX	XX%	XX%

Source: Secondary Sources and Bosson Research, 2021

Table 27. Global Smart Lock Market Size by Application

(M USD)	2016	2020	2021	2027	Share(2020)	CAGR(2021-2027)
Household	XX	XX	XX	XX	XX%	XX%
Commercial	XX	XX	XX	XX	XX%	XX%
Household	XX	XX	XX	XX	XX%	XX%
Total	XX	XX	XX	XX	XX%	XX%

Source: Secondary Sources and Bosson Research, 2021

The following pie chart shows the market share of Smart Lock by Application in 2020 and 2027.

In Smart Lock market, the Household holds an important share, and it is expected to reach a volume of xx (K Units) by 2027, at a CAGR of xx% during 2020 and 2027.

Figure 12. Global Smart Lock Market Share by Application

Source: Secondary Sources and Bosson Research, 2021

5.2 Global Smart Lock Market Sales by Application (2016-2021)

Table 28. Global Smart Lock Sales by Application (2016-2021) & (K Units)