Global Electronic Locks Market Growth 2025-2031
Description
The global Electronic Locks market size is predicted to grow from US$ 1434 million in 2025 to US$ 2314 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Electronic locks can be deactivated or opened by authentication such as passwords and passphrases, numerical codes, security tokens, RFID, and biometrics, among others.
The key driver of electronic locks market growth is its high demand in the construction industry.
LP Information, Inc. (LPI) ' newest research report, the “Electronic Locks Industry Forecast” looks at past sales and reviews total world Electronic Locks sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Locks sales for 2025 through 2031. With Electronic Locks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Locks industry.
This Insight Report provides a comprehensive analysis of the global Electronic 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 Electronic Locks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Locks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic 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 Electronic Locks.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Locks market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electromagnetic Locks
Electronic Strikes
Electronic Deadbolts and Latches
Segmentation by Application:
Residential Sector
Commercial Sector
Automotive Sector
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 analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Locks market?
What factors are driving Electronic Locks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Locks market opportunities vary by end market size?
How does Electronic Locks break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Electronic locks can be deactivated or opened by authentication such as passwords and passphrases, numerical codes, security tokens, RFID, and biometrics, among others.
The key driver of electronic locks market growth is its high demand in the construction industry.
LP Information, Inc. (LPI) ' newest research report, the “Electronic Locks Industry Forecast” looks at past sales and reviews total world Electronic Locks sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Locks sales for 2025 through 2031. With Electronic Locks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Locks industry.
This Insight Report provides a comprehensive analysis of the global Electronic 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 Electronic Locks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Locks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic 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 Electronic Locks.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Locks market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electromagnetic Locks
Electronic Strikes
Electronic Deadbolts and Latches
Segmentation by Application:
Residential Sector
Commercial Sector
Automotive Sector
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 analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Locks market?
What factors are driving Electronic Locks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Locks market opportunities vary by end market size?
How does Electronic Locks break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
140 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Electronic Locks by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Electronic Locks by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
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