Smart Door Locks Market Huge Growth Opportunities and Trends to 2031

According to HTF Market Intelligence, the global Smart Door Locks market is valued at USD Million in 2024 and estimated to reach a revenue of USD Million by 2031, with a CAGR of 12.9% from 2025 to 2031.
Smart Door Locks Market Overview
Smart door locks are automatic key-less locks that are installed on the doors and they are operated by various applications through smartphone. These locks provide real time information about individual’s access and can be operated by Wi-Fi, Bluetooth, bio-metric and electromagnetic sensors. Owing to growing number of smart homes and smart city projects, the demand for smart door locks are expected to exhibit sound growth during foretasted period.
Some of the companies listed in the study from the complete survey list are ASSA ABLOY [Sweden], Samsung [South Korea], Allegion [Ireland], Kwikset [United States], MIWA Lock [Japan], Master Lock [United States], Guangdong Be-Tech [China], Adel [China], August Home Inc [United States], Honeywell [United States].
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Market Trends
Rising Adoption in Non-Residential Application
Finger Print Locks are in Demand Owing to Their Reliability
Market Drivers
Rising Urban Population
Growing Digitization and Smartphone Penetration
Rise in Construction of Smart Apartment
Market Opportunities:
Growth in Commercial and Hospitality Sector
People Inclination Towards Smart Home Solutions in Emerging Countries
Smart Door Locks Market Segmentation
The Smart Door Locks Market is Segmented by Application (Household, Commercial, Others) by Type (Deadbolt, Lever Handles, Padlock) by Product (Electronic Cipher Locks, Fingerprint Locks, Remote Locks, Bio-metric Based Smart Locks, Face Recognition Door Locks, Magnetic Strip Door Locks, Palm Recognition Door Locks, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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