Global Smart Lock Market Size Was Valued at USD 2.10 Billion In 2022 And Is Projected to Reach USD 9.81 Billion By 2030, Growing at A CAGR of 18.7% From 2022 To 2030.
Smart locks are innovative electronic keyless locking systems that leverage either Wi-Fi or Bluetooth connectivity to seamlessly communicate with other electronic devices within the home. A smart lock represents a modernized iteration of the conventional door lock.
Major Key Players for Smart Parcel Locker Market:
ASSA ABLOY (Sweden),Samsung Group (South Korea),Panasonic Corporation (Japan),Guangdong Be-Tech Security Systems (China),Honeywell International Inc. (U.S.),DESSMANN (China),The Chamberlain Group Inc. (U.S.),Kaadas (Australia),Masterlock (U.S.),August Home (U.S.),Kwikset (U.S.),Techlicious LLC. (U.S.),Godrej Group (India),Adel Marketing (M) Sdn. Bhd. (Malaysia),SCHLAGE (U.S.),HavenLock, Inc. (U.S.),YALE (U.S.),Xiaomi Corporation (China),Latchable Inc. (U.S.), and Other Major Player
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Smart Parcel Locker Market Segmentation:
By Type
- Deadbolt
- Lever Handles
- Padlocks
- Others (Knob)
By Application
- Commercial
- Residential
- Government
Geographic Segment Covered in the Report
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Offerings:
- Market Size & Forecast by Revenue 2023-2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Product Type, End-Users, Form, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
COVID-19 Impact on Smart Parcel Locker Market
COVID-19 pandemic has had a profound impact on businesses worldwide, and it has had a positive effect on the adoption of smart locks, largely due to government-imposed lockdowns in various countries. In the aftermath of the pandemic, organizations are placing a significant emphasis on advanced technologies such as artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and cloud computing across both residential and commercial sectors to enable contactless operations. This trend is expected to fuel the demand for app-based smart lock systems, driving global smart lock adoption.
Report includes Competitor’s Landscape:
- Major trends and growth projections by region and country
- Key winning strategies followed by the competitors
- Who are the key competitors in this industry?
- What shall be the potential of this industry over the forecast tenure?
- What are the factors propelling the demand for the Action Figures And Statues?
- What are the opportunities that shall aid in significant proliferation of the market growth?
- What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
- How has the covid-19 impacted the growth of the market?
- Has the supply chain disruption caused changes in the entire value chain?
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