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Asia-Pacific Smart Locks Industry to 2027 - by Type, Communication Technology, Application and Country

Research and Markets
·8-min read

Dublin, Nov. 12, 2020 (GLOBE NEWSWIRE) -- The "Asia-Pacific Smart Locks Market to 2027- COVID-19 Impact and Analysis by Type (Padlocks, Deadbolt, Lever Handle, and Others), Communication Technology (Wi-Fi, Bluetooth, NFC, and Others), Application (Residential, Commercial, and Industrial), and Country" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific Smart Locks market was valued at US$ 360.4 million in 2019 and is projected to reach US$ 1,188.2 million by 2027; it is expected to grow at a CAGR of 16.4% from 2020 to 2027. Smart locks leverage IoT-based sensors in order to run keyless entry devices, which enables users to access doors remotely through a smartphone or any internet-connected device. As the US households are intended to equip smart locks during the forecast period, it generates huge opportunities for the smart locks manufacturers to offer them IoT based smart lock devices with more advanced features.

The home automation system is one of the developing fields among the residential sector, which is built to control and monitor the home systems within a home or a building. The system enables users to remotely monitor and control connected devices through the Internet. Several wireless technologies, such as ZigBee, Wi-Fi, and Bluetooth are widely used for building home automation systems. At present, most of the security systems are integrated with home automation systems since the rate of theft is surging progressively. Therefore, there is a need for a secured door lock system at home. With the help of wireless technologies used for home automation systems, a smart lock can be operated through voice, touch, and smartphone command, which makes the entry point of the home smarter and secure.

The overall Asia-Pacific Smart Locks market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Smart Locks market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia-Pacific Smart Locksmarket. Gantner Electronic GmbH, Schlage, Wyze Labs Inc are among the key players serving the Smart Locks market in Asia-Pacific.

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Smart Locks Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 FiRa and CCC keys As Future Technology

5. Smart Locks Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Smartphone
5.1.2 Rise in Demand for Home Automation
5.2 Market Restraints
5.2.1 Lack of Awareness Regarding The Benefits Offered By Smart Locks
5.3 Market Opportunities
5.3.1 Growing Adoption of IoT in Security Systems
5.4 Future Trends
5.4.1 Voice-Controlled Technology Integration in Smart Locks for Enhanced Capabilities
5.5 Impact Analysis of Drivers and Restraints

6. Smart Locks Market - Asia-Pacific Analysis
6.1 Smart Locks Market Asia-Pacific Overview
6.2 Smart Locks Market - Revenue and Forecast to 2027 (US$ Billion)

7. Smart Locks Market Analysis - By Component
7.1 Overview
7.2 Smart Locks Market Breakdown, by Component, 2019 & 2027
7.3 Padlocks
7.3.1 Overview
7.3.2 Padlocks: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
7.4 Deadbolts
7.4.1 Overview
7.4.2 Deadbolts: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Lever Handle
7.5.1 Overview
7.5.2 Lever Handle: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)

8. Smart Locks Market Analysis - By Communication Technology
8.1 Overview
8.2 Smart Locks Market Breakdown, by Communication Technology, 2019 & 2027
8.3 Wi-Fi
8.3.1 Overview
8.3.2 Wi-Fi: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
8.4 Bluetooth
8.4.1 Overview
8.4.2 Bluetooth: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
8.5 NFC
8.5.1 Overview
8.5.2 NFC: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)

9. Smart Locks Market Analysis - By Application
9.1 Overview
9.2 Smart Locks Market Breakdown, by Application, 2019 & 2027
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: SMART LOCKS Market -Revenue and Forecast to 2027 (US$ Million)
9.5 Industrial
9.5.1 Overview
9.5.2 Industrial: Smart Locks Market -Revenue and Forecast to 2027 (US$ Million)

10. Smart Locks Market - Country Analysis
10.1.1 APAC: Smart Locks Market, by Key Country
10.1.1.1 China: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 China: Smart Locks Market, by Type
10.1.1.1.2 China: Smart Locks Market, by Communication Technology
10.1.1.1.3 China: Smart Locks Market, by Application
10.1.1.2 India: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 India: Smart Locks Market, by Type
10.1.1.2.2 India: Smart Locks Market, by Communication Technology
10.1.1.2.3 India: Smart Locks Market, by Application
10.1.1.3 Japan: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Japan: Smart Locks Market, by Type
10.1.1.3.2 Japan: Smart Locks Market, by Communication Technology
10.1.1.3.3 Japan: Smart Locks Market, by Application
10.1.1.4 South Korea: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 South Korea: Smart Locks Market, by Type
10.1.1.4.2 South Korea: Smart Locks Market, by Communication Technology
10.1.1.4.3 South Korea: Smart Locks Market, by Application
10.1.1.5 Australia: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 Australia: Smart Locks Market, by Type
10.1.1.5.2 Australia: Smart Locks Market, by Communication Technology
10.1.1.5.3 Australia: Smart Locks Market, by Application
10.1.1.6 Rest of APAC: Smart Locks Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of APAC: Smart Locks Market, by Type
10.1.1.6.2 Rest of APAC: Smart Locks Market, by Communication Technology
10.1.1.6.3 Rest of APAC: Smart Locks Market, by Application

11. Impact of COVID-19 Pandemic on Smart Locks Market
11.1 Overview
11.2 Asia-Pacific

12. Asia-Pacific Smart Locks Market-Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development

13. Company Profiles
13.1 AMADAS Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Honeywell International Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Samsung
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Wyze Labs, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Schlage
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 GANTNER Electronic GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments

For more information about this report visit https://www.researchandmarkets.com/r/vf6o2

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