Digital Door Lock System Market
Digital Door Lock System Market Study by Face, Iris, Vein & Palm, Voice, Signature, and Fingerprint Recognition; Magnetic Stripe Locks; Electromagnetic Door Locks; and Others from 2024 to 2034
Analysis of Digital Door Lock System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Digital Door Lock System Market Outlook (2024 to 2034)
The global digital door lock system market is approximated at a value of US$ 11 billion in 2024. The growing popularity of smart homes is a notable digital door lock system market trend, which is expected to drive the sales of digital door locking systems at a CAGR of 16% to reach US$ 48.7 billion by 2034.
Integration of digital technologies such as the Internet of Things, artificial intelligence, cloud-based applications, big data, and others is set to drive the digital door lock system market growth during the forecast period. Integration of these cutting-edge technologies is also estimated to boost the features of smart door locks.
A surge in wireless communication technologies is leading to the development of advanced wireless digital locking systems. Because of broader technology trends propelling overall smart home business, the digital door lock system industry is gaining momentum. Smartphone adoption, on the other hand, is fueling the sales of smart locks. Declining cloud infrastructure and mobile internet rates are making it easier for users to monitor and operate numerous electronic items remotely, and digital door locks systems are no exception.
Fingerprint-recognition digital door lock systems are gaining traction. Fingerprint recognition digital doors are in high demand due to their superior maneuverability, high operator comfort, ease of accessibility, high surveillance and low maintenance requirements. During the projection period, strict enforcement regulations in various developed and high-potential countries are expected to be a crucial element in encouraging the digital door lock systems.
- The North American digital door lock system market size is projected to reach US$ 11.8 billion by 2034.
- East Asia is estimated to account for 22.4% of the global digital door lock system market share in 2024.
Report Attributes | Details |
---|---|
Digital Door Lock System Market Size (2024E) | US$ 11 Billion |
Forecasted Market Value (2034F) | US$ 48.7 Billion |
Global Market Growth Rate (2024 to 2034) | 16% CAGR |
South Korea Market Value (2034F) | US$ 2.6 Billion |
Key Companies Profiled | Samsung Electronics Co Ltd.; Assa Abloy Group; Godrej & Boyce Manufacturing Company Ltd.; Vivint, Inc.; Cisco Systems, Inc.; Honeywell International Inc.; Panasonic Corporation; Siemens AG.; Dorma+Kaba Holdings AG; Nestwell Technologies; United Technologies Corporation |
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Which Digital Door Locking Technologies are Gaining Traction?
“Manufacturers Developing Digital Lock Technologies with Advanced Features”
Consumers’ growing preference for keyless convenience in unlocking doors is increasing the adoption of electronic lock systems. Digital door lock systems have a wide range of uses which allows manufacturers to expand their product lines. Consumers are demanding latest and most modern technologies to be integrated into their digital door lock systems with a focus on better and secure access. A variety of access platforms for digital door lock systems are available, ranging from fingerprints to keypads.
One of the latest trends is the integration of wireless connecting technologies such as Bluetooth, 5G networks, Z-wave, and Zigbee. Key players in the digital door lock system market are using these technologies to enhance their product’s features.
- In 2022, Yale launched new matter and thread focused smart lock system collection. The solutions align well with smart home trend and wireless communication technologies.
“Digitalization Trend Driving Adoption of Digital Door Lock Technologies”
Rising smart city initiatives and industrial activities are set to boost the sales of smart door locks during the forecast period. The growing craze of the smart home ecosystem is driving the adoption of smart home appliances and systems including door locks.
Industrial activities, particularly the growing small and medium enterprise segment, is creating high-earning opportunities for digital door lock system producers. SMEs are moving towards digital transformation, the increasing adoption of digital technologies is expected to boost the demand for smart door locks.
Which Aspects are Expected to Hamper Sales of Smart Door Locks?
“Fear of Unauthorised Access and Lack of Awareness”
Fabrication of such complex lock systems requires a significant investment. Furthermore, rise in cybercrime can slow the adoption of digital door lock systems with wireless networking capabilities. Lack of knowledge and awareness of smart locks in some regions can lower their sales growth. Worldwide market for digital door lock systems is also witnessing manufacturers’ ongoing battle to create powerful security features and impregnable digital lock mainframes to gain trust of consumers.
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Start-up Ecosystem
- A Solvakian start-up YourLOX offers smart lock solutions for sports tools and equipment. The company’s smart locker uses multi-factor authentication process to mitigate theft risk. These lockers also run on solar panels aligning with sustainable practices.
- Lavii is a United States-based start-up that offers smart lockers for commercial buildings and restaurants. The smart food lockers runs on QR code mechanisms, the customers can pick up their food item or parcel from locker using QR code. These lockers also have the feature of keeping food at optimum storage temperature.
Country-wise Analysis
Technological advancements, the growing popularity of the smart home ecosystem, and the increasing need for easy and reliable lock systems for older population are some of the factors driving the adoption of digital door lock technologies in the United States, Germany, and Japan.
What is the Demand Outlook for Digital Door Lock Systems in the United States?
“Digital Lock Systems with Latest Features Widely Popular”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 1.2 Billion |
Growth Rate (2024 to 2034) | 16.5% CAGR |
Projected Value (2034F) | US$ 5.4 Billion |
Innovations and technological advancements are the prime factors boosting the United States market growth. The rising popularity of wireless communication technologies such as 5G is supporting the adoption of advanced door locking systems.
Why is Germany a Key Market for Digital Door Lock System Providers?
“Home Automation Trend Increasing Adoption of Digital Lock Technologies”
Germany is considered one of the prominent smart home-building countries in the European region. The growing proliferation of power over Ethernet in several Western European countries is increasing the scope for the adoption of digital door lock systems and Germany is considered a hub of novel technologies.
Which Dynamics are Influencing Sales of Digital Door Locks in Japan?
“Rising Demand for Easy and Safe Smart Locking Systems among Older People”
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 700 Million |
Growth Rate (2024 to 2034) | 16.6% CAGR |
Projected Value (2034F) | US$ 3.3 Billion |
Japan is witnessing a surge in the geriatric population. The older population is the major factor driving the adoption of easy-to-access and secure smart home solutions including digital door lock systems. Digital locks with biometric features such as fingerprints are gaining traction in Japan. Safety and privacy are paramount factors contributing to the digital door lock system market growth in Japan.
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Category-wise Analysis
Which Type of Digital Door Lock System is Widely Utilized?
“Ease of Use and Cost Effectiveness Driving Use of Fingerprint Digital Door Lock Systems in Organizations”
Attribute | Fingerprint Recognition |
---|---|
Segment Value (2024E) | US$ 5.1 Billion |
Growth Rate (2024 to 2034) | 14.9% CAGR |
Projected Value (2034F) | US$ 20.4 Billion |
Initial cost of fingerprint recognition is the main reason they are a worthwhile investment as compared to iris or palm systems, which are more expensive than fingerprint locks yet they do same task. One of the prominent attribute of fingerprint recognition digital door lock systems is that they can come in a hybrid manner as well by integrating face, palm, and iris recognition systems. Thus, low cost compared to other technologies is primarily boosting the sales of fingerprint recognition door-locking solutions.
Who is a Key End User of Digital Door Lock Technologies?
“Digitalization Driving Commercial Use of Digital Door Lock Systems”
Attribute | Commercial |
---|---|
Segment Value (2024E) | US$ 5.3 Billion |
Growth Rate (2024 to 2034) | 15% CAGR |
Projected Value (2034F) | US$ 21.4 Billion |
Commercial use of smart locking technologies is gaining momentum. Various organizations are using smart door-locking systems to maintain high security. Organizations prefer to invest in novel technologies with the intention of long life span of product.
Commercial smart lock solution providers are earning more in North America and Europe. These regions are forefront in technological advancements and being early adopters are providing high-growth opportunities for keyless door lock system suppliers. Furthermore, infrastructure developments are also expected to increase the use of digital door locking technologies during the next 10 years.
Competitive Landscape
Leading manufacturers of digital door lock systems are focused on developing robust distribution network to cater to the widespread customer base due to growing adoption of digital locks. Key market players are also investing heavily in research and development activities to boost the features of digital locks. Tech-savvy consumers are prime consumers of digital locking technologies.
- In 2023, HavenLock secured third patent from USPTO (United States Patent and Trademark Office) for its novel locking system.
Key Segments of Digital Door Lock System Market Research
-
By Product Type :
- Face Recognition
- Iris Recognition
- Vein & Palm Recognition
- Voice Recognition
- Signature Recognition
- Fingerprint Recognition
- Magnetic Stripe Locks
- Electromagnetic Door Locks
- Electric Strike Locks
- Others
-
By End User :
- Government
- Commercial
- Industrial
- Residential
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Global Market Demand Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Product Type
- 7.1. Face Recognition
- 7.2. Iris Recognition
- 7.3. Vein and Palm Recognition
- 7.4. Voice Recognition
- 7.5. Signature Recognition
- 7.6. Fingerprint Recognition
- 7.7. Magnetic Stripe Lock
- 7.8. Electromagnetic Door Lock
- 7.9. Electric Strike Lock
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By End User
- 8.1. Government
- 8.2. Commercial
- 8.3. Industrial
- 8.4. Residential
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 11. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Middle East and Africa (MEA) Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Key Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Global Market Structure Analysis
- 18. Competition Analysis
- 18.1. Godrej & Boyce Manufacturing Company Ltd.
- 18.2. Honeywell International Inc.
- 18.3. Cisco Systems Inc.
- 18.4. Assa Abloy Group
- 18.5. United Technologies Corporation
- 18.6. Panasonic Corporation
- 18.7. Siemens AG
- 18.8. Vivint Inc.
- 18.9. Nestwell Technologies
- 18.10. ABB Ltd.
- 18.11. Allegion PLC
- 18.12. Hitachi Ltd.
- 18.13. Hanman International Pte Ltd.
- 18.14. Dormakaba Holding AG
- 18.15. Xeeder Technology Co. Ltd
- 18.16. Wintec Electronic Tech Co. Ltd.
- 18.17. Tyco International Ltd.
- 18.18. Stone Lock
- 18.19. Adel Lock
- 18.20. Other Prominent Players
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List Of Table
Table No. 01. Global Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 02. Global Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 03. Global Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 04. Global Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 05. North America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 06. North America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 07. North America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 08. North America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 09. North America Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country, 2018 to 2023
Table No. 10. North America Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country 2024 to 2034
Table No. 11. Latin America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 12. Latin America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 13. Latin America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 14. Latin America Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 15. Latin America Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country, 2018 to 2023
Table No. 16. Latin America Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country 2024 to 2034
Table No. 17. Europe Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 18. Europe Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 19. Europe Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 20. Europe Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 21. Europe Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country, 2018 to 2023
Table No. 22. Europe Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country 2024 to 2034
Table No. 23. East Asia Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 24. East Asia Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 25. East Asia Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 26. East Asia Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 27. East Asia Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country, 2018 to 2023
Table No. 28. East Asia Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country 2024 to 2034
Table No. 29. South Asia & Oceania Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 30. South Asia & Oceania Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 31. South Asia & Oceania Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 32. South Asia & Oceania Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 33. South Asia & Oceania Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country, 2018 to 2023
Table No. 34. South Asia & Oceania Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country 2024 to 2034
Table No. 35. Middle East & Africa Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2018 to 2023
Table No. 36. Middle East & Africa Market Value (US$ Mn) and Volume (Units Mn) Analysis, By Product Type, 2024 to 2034
Table No. 37. Middle East & Africa Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2018 to 2023
Table No. 38. Middle East & Africa Market Value (US$ Mn) and Volume (Units Mn) Analysis, By End User, 2024 to 2034
Table No. 39. Middle East & Africa Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country, 2018 to 2023
Table No. 40. Middle East & Africa Market Value (US$ Mn) and Volume (Units Mn) Analysis, by Country 2024 to 2034
Table No. 41. U.S. Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 42. Canada Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 43. Brazil Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 44. Mexico Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 45. Argentina Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 46. Germany Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 47. France Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 48. Italy Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 49. Spain Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 50. Russia Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 51. U.K. Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 52. BENELUX Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 53. China Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 54. Japan Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 55. South Korea Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 56. India Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 57. Indonesia Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 58. Malaysia Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 59. Australia Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 60. New Zealand Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
Table No. 61. GCC Countries Market Value (US$ Mn) and Volume (Units Mn) Analysis 2024 to 2034
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List Of Figures
Figure No 01: Global Volume (Units Mn) and Value (US$ Mn) Analysis, 2018, 2024 and 2034
Figure No 02: Global Market Value (US$ Mn) Scenario Forecast, 2024 & 2034
Figure No 03: Global Market Pricing Analysis (US$) by Region, 2023
Figure No 04: Global Market Pricing Analysis (US$) By Product Type, 2023
Figure No 05: Global Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 06: Global Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 07: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 08: Global Market Incremental $ Opportunity, 2024 to 2034
Figure No 09: Global Market Share By Product Type - 2024 & 2034
Figure No 10: Global Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 11: Global Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 12: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Face Recognition Digital Door Lock System, 2018 to 2034
Figure No 13: Global Market Incremental $ Opportunity by Face Recognition Digital Door Lock System, 2024 to 2034
Figure No 14: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Iris Recognition Digital Door Lock System, 2018 to 2034
Figure No 15: Global Market Incremental $ Opportunity by Iris Recognition Digital Door Lock System, 2024 to 2034
Figure No 16: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Vain and Palm Recognition Digital Door Lock System, 2018 to 2034
Figure No 17: Global Market Incremental $ Opportunity by Vein and Palm Recognition Digital Door Lock System, 2024 to 2034
Figure No 18: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Voice Recognition Digital Door Lock System, 2018 to 2034
Figure No 19: Global Market Incremental $ Opportunity by Voice Recognition Digital Door Lock System, 2024 to 2034
Figure No 20: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Signature Recognition Digital Door Lock System, 2018 to 2034
Figure No 21: Global Market Incremental $ Opportunity by Signature Recognition Digital Door Lock System, 2024 to 2034
Figure No 22: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Fingerprint Recognition Digital Door Lock System, 2018 to 2034
Figure No 23: Global Market Incremental $ Opportunity by Fingerprint Recognition Digital Door Lock System, 2024 to 2034
Figure No 24: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Magnetic Stripe Recognition Digital Door Lock System, 2018 to 2034
Figure No 25: Global Market Incremental $ Opportunity by Magnetic Stripe Recognition Digital Door Lock System, 2024 to 2034
Figure No 26: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Electromagnetic Door Lock Digital Door Lock System, 2018 to 2034
Figure No 27: Global Market Incremental $ Opportunity by Electromagnetic Door Lock Digital Door Lock System, 2024 to 2034
Figure No 28: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Electric Strike Lock Digital Door Lock System, 2018 to 2034
Figure No 29: Global Market Incremental $ Opportunity by Electric Strike Lock Digital Door Lock System, 2024 to 2034
Figure No 30: Global Market Share By End User - 2024 & 2034
Figure No 31: Global Market Y-o-Y Growth Projections By End User, 2024 to 2034
Figure No 32: Global Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 33: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast Government, 2018 to 2034
Figure No 34: Global Market Incremental $ Opportunity Government, 2024 to 2034
Figure No 35: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast Commercial, 2018 to 2034
Figure No 36: Global Market Incremental $ Opportunity by Commercial, 2024 to 2034
Figure No 37: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Industrial, 2018 to 2034
Figure No 38: Global Market Incremental $ Opportunity by Industrial, 2024 to 2034
Figure No 39: Global Market Value (US$ Mn), Volume (Units Mn) and Forecast by Residential, 2018 to 2034
Figure No 40: Global Market Incremental $ Opportunity by Residential, 2024 to 2034
Figure No 41: Global Market Share by Region- 2024 & 2034
Figure No 42: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure No 43: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure No 44: North America Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 45: North America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 46: North America Market Incremental $ Opportunity, 2024 to 2034
Figure No 47: North America Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 48: North America Market Share by Country- 2024 & 2034
Figure No 49: North America Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure No 50: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure No 51: North America Market Share By Product Type - 2024 & 2034
Figure No 52: North America Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 53: North America Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 54: North America Market Share By End User - 2024 & 2034
Figure No 55: North America Market Y-o-Y Growth Projections By End User, 2024 to 2034
Figure No 56: North America Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 57: Latin America Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 58: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 59: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure No 60: Latin America Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 61: Latin America Market Share by Country- 2024 & 2034
Figure No 62: Latin America Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure No 63: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure No 64: Latin America Market Share By Product Type - 2024 & 2034
Figure No 65: Latin America Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 66: Latin America Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 67: Latin America Market Share By End User - 2024 & 2034
Figure No 68: Latin America Market Y-o-Y Growth Projections By End User, 2024 to 2034
Figure No 69: Latin America Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 70: Europe Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 71: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 72: Europe Market Incremental $ Opportunity, 2024 to 2034
Figure No 73: Europe Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 74: Europe Market Share by Country- 2024 & 2034
Figure No 75: Europe Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure No 76: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure No 77: Europe Market Share By Product Type - 2024 & 2034
Figure No 78: Europe Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 79: Europe Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 80: Europe Market Share By End User - 2024 & 2034
Figure No 81: Europe Market Y-o-Y Growth Projections By End User, 2024 to 2034
Figure No 82: Europe Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 83: East Asia Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 84: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure No 86: East Asia Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 87: East Asia Market Share by Country- 2024 & 2034
Figure No 88: East Asia Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure No 89: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure No 90: East Asia Market Share By Product Type - 2024 & 2034
Figure No 91: East Asia Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 92: East Asia Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 93: East Asia Market Share By End User - 2024 & 2034
Figure No 94: East Asia Market Y-o-Y Growth Projections By End User, 2024 to 2034
Figure No 95: East Asia Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 96: South Asia & Oceania Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 97: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 98: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034
Figure No 99: South Asia & Oceania Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 100: South Asia & Oceania Market Share by Country- 2024 & 2034
Figure No 101: South Asia & Oceania Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure No 102: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure No 103: South Asia & Oceania Market Share By Product Type - 2024 & 2034
Figure No 104: South Asia & Oceania Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 105: South Asia & Oceania Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 106: South Asia & Oceania Market Share By End User - 2024 & 2034
Figure No 107: South Asia & Oceania Market Y-o-Y Growth Projections By End User, 2024 to 2034
Figure No 108: South Asia & Oceania Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 109: Middle East & Africa Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2018 to 2023
Figure No 110: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure No 111: Middle East & Africa Market Incremental $ Opportunity, 2024 to 2034
Figure No 112: Middle East & Africa Market Value (US$ Mn), Volume (Units Mn) Forecast and Analysis, 2024 to 2034
Figure No 113: Middle East & Africa Market Share by Country- 2024 & 2034
Figure No 114: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure No 115: Middle East & Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure No 116: Middle East & Africa Market Share By Product Type - 2024 & 2034
Figure No 117: Middle East & Africa Market Y-o-Y Growth Projections By Product Type, 2024 to 2034
Figure No 118: Middle East & Africa Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure No 119: Middle East & Africa Market Share By End User - 2024 & 2034
Figure No 120: Middle East & Africa Market Y-o-Y Growth Projections By End User, 2018 to 2034
Figure No 121: Middle East & Africa Market Attractiveness Analysis By End User, 2024 to 2034
Figure No 122: US Market Analysis, 2024 to 2034
Figure No 123: US Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 124: US Market Analysis By Product Type, 2024 to 2034
Figure No 125: US Market Analysis By End User, 2024 to 2034
Figure No 126: Canada Market Analysis, 2024 to 2034
Figure No 127: Canada Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 128: Canada Market Analysis By Product Type, 2024 to 2034
Figure No 129: Canada Market Analysis By End User, 2024 to 2034
Figure No 130: Mexico Market Analysis, 2024 to 2034
Figure No 131: Mexico Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 132: Mexico Market Analysis By Product Type, 2024 to 2034
Figure No 133: Mexico Market Analysis By End User, 2024 to 2034
Figure No 134: Argentina Market Analysis, 2024 to 2034
Figure No 135: Argentina Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 136: Argentina Market Analysis By Product Type, 2024 to 2034
Figure No 137: Argentina Market Analysis By End User, 2024 to 2034
Figure No 138: Brazil Market Analysis, 2024 to 2034
Figure No 139: Brazil Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 140: Brazil Market Analysis By Product Type, 2024 to 2034
Figure No 141: Brazil Market Analysis By End User, 2024 to 2034
Figure No 142: Germany Market Analysis, 2024 to 2034
Figure No 143: Germany Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 144: Germany Market Analysis By Product Type, 2024 to 2034
Figure No 145: Germany Market Analysis By End User, 2024 to 2034
Figure No 146: Italy Market Analysis, 2024 to 2034
Figure No 147: Italy Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 148: Italy Market Analysis By Product Type, 2024 to 2034
Figure No 149: Italy Market Analysis By End User, 2024 to 2034
Figure No 150: France Market Analysis, 2024 to 2034
Figure No 151: France Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 152: France Market Analysis By Product Type, 2024 to 2034
Figure No 153: France Market Analysis By End User, 2024 to 2034
Figure No 154: Spain Market Analysis, 2024 to 2034
Figure No 155: Spain Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 156: Spain Market Analysis By Product Type, 2024 to 2034
Figure No 157: Spain Market Analysis By End User, 2024 to 2034
Figure No 158: UK Market Analysis, 2024 to 2034
Figure No 159: UK Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 160: UK Market Analysis By Product Type, 2024 to 2034
Figure No 161: UK Market Analysis By End User, 2024 to 2034
Figure No 162: Russia Market Analysis, 2024 to 2034
Figure No 163: Russia Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 164: Russia Market Analysis By Product Type, 2024 to 2034
Figure No 165: Russia Market Analysis By End User, 2024 to 2034
Figure No 166: China Market Analysis, 2024 to 2034
Figure No 167: China Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 168: China Market Analysis By Product Type, 2024 to 2034
Figure No 169: China Market Analysis By End User, 2024 to 2034
Figure No 170: Japan Market Analysis, 2024 to 2034
Figure No 171: Japan Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 172: Japan Market Analysis By Product Type, 2024 to 2034
Figure No 173: Japan Market Analysis By End User, 2024 to 2034
Figure No 174: South Korea Market Analysis, 2024 to 2034
Figure No 175: South Korea Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 176: South Korea Market Analysis By Product Type, 2024 to 2034
Figure No 177: South Korea Market Analysis By End User, 2024 to 2034
Figure No 178: India Market Analysis, 2024 to 2034
Figure No 179: India Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 180: India Market Analysis By Product Type, 2024 to 2034
Figure No 181: India Market Analysis By End User, 2024 to 2034
Figure No 182: Thailand Market Analysis, 2024 to 2034
Figure No 183: Thailand Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 184: Thailand Market Analysis By Product Type, 2024 to 2034
Figure No 185: Thailand Market Analysis By End User, 2024 to 2034
Figure No 186: Malaysia Market Analysis, 2024 to 2034
Figure No 187: Malaysia Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 188: Malaysia Market Analysis By Product Type, 2024 to 2034
Figure No 189: Malaysia Market Analysis By End User, 2024 to 2034
Figure No 190: Singapore Market Analysis, 2024 to 2034
Figure No 191: Singapore Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 192: Singapore Market Analysis By Product Type, 2024 to 2034
Figure No 193: Singapore Market Analysis By End User, 2024 to 2034
Figure No 194: Australia & New Zealand Market Analysis, 2024 to 2034
Figure No 195: Australia & New Zealand Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 196: Australia & New Zealand Market Analysis By Product Type, 2024 to 2034
Figure No 197: Australia & New Zealand Market Analysis By End User, 2024 to 2034
Figure No 198: South Africa Market Analysis, 2024 to 2034
Figure No 199: South Africa Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 200: South Africa Market Analysis By Product Type, 2024 to 2034
Figure No 201: South Africa Market Analysis By End User, 2024 to 2034
Figure No 202: Israel Market Analysis, 2024 to 2034
Figure No 203: Israel Market Incremental Opportunity (US$ Mn) and Forecast, 2024 to 2034
Figure No 204: Israel Market Analysis By Product Type, 2024 to 2034
Figure No 205: Israel Market Analysis By End User, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the digital door lock system market?
The global digital door lock system market is calculated at US$ 11 billion for 2024.
What is the estimated demand growth for digital door lock systems?
Sales of digital door lock systems are expected to increase at a CAGR of 16% from 2024 to 2034.
What are the forecasted sales of digital door lock systems for 2034?
The market for digital door lock systems is projected to reach US$ 48.7 billion by 2034.
How is the market for digital door lock systems evolving in South Korea?
The South Korea market is anticipated to register a CAGR of 16.8% through 2034.
Which digital door lock product is widely popular?
Fingertip recognition digital door lock systems are set to hold 42% of the global market share by 2034.
Which are the best companies for digital door lock systems?
Some of the leading companies include Honeywell International Inc., Godrej & Boyce Manufacturing Company Ltd., and Samsung Electronics Co Ltd.