Global Passive Smart Lock Market Growth 2025-2031

The global Passive Smart Lock market size is predicted to grow from US$ 2144 million in 2025 to US$ 2781 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

Passive smart locks are smart locks that do not require external power supply and usually use low-power technology to achieve various functions of smart locks. These locks are designed with user convenience, security and efficiency in mind and can connect and interact with smartphones or other devices through wireless communication technologies (such as Bluetooth, Zigbee, etc.).

United States market for Passive Smart Lock is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Passive Smart Lock is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Passive Smart Lock is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Passive Smart Lock players cover EVOXS, ASSA ABLOY, Allegion, Spectrum Brands, MIWA Lock, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Passive Smart Lock Industry Forecast” looks at past sales and reviews total world Passive Smart Lock sales in 2024, providing a comprehensive analysis by region and market sector of projected Passive Smart Lock sales for 2025 through 2031. With Passive Smart Lock sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passive Smart Lock industry.

This Insight Report provides a comprehensive analysis of the global Passive Smart Lock 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 Passive Smart Lock portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Passive Smart Lock market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passive Smart Lock 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 Passive Smart Lock.

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

Segmentation by Type:
Electronic Password Lock
Fingerprint Lock
Remote Control Lock
Others

Segmentation by Application:
Household Use
Commercial Use

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.
EVOXS
ASSA ABLOY
Allegion
Spectrum Brands
MIWA Lock
Master Lock
SALTO
Nello
GOAL
HUAWEI
Vanma
KEXN
CENTRAN
LUOSHEN
Chivotech
HSJ DSY
Hangzhou Sanqian Smart City Technology
Axsizg
JINGYU

Key Questions Addressed in this Report

What is the 10-year outlook for the global Passive Smart Lock market?

What factors are driving Passive Smart Lock market growth, globally and by region?

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

How do Passive Smart Lock market opportunities vary by end market size?

How does Passive Smart Lock break out by Type, by Application?

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