Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Electronic Deadbolts Market by Type (12 volts DC, 24 volts DC, Others), By Application (Residential Sector, Commercial Sector, Automotive Sector, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Electronic Deadbolts Market by Type (12 volts DC, 24 volts DC, Others), By Application (Residential Sector, Commercial Sector, Automotive Sector, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157903 3300 Machinery & Equipment 377 237 Pages 4.9 (41)
                                          

Market Overview:


The global electronic deadbolts market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for security and safety solutions across different applications, such as residential, commercial, automotive, and others. In addition, the growing awareness about advanced security features offered by electronic deadbolts is also contributing to the growth of this market. Based on type, the global electronic deadbolts market can be segmented into 12 volts DC-powered electronic deadbolts and 24 volts DC-powered electronic deadbolts.


Global Electronic Deadbolts Industry Outlook


Product Definition:


An electronic deadbolt is a locking device that uses an electronic keypad to unlock the door. Electronic deadbolts offer added security and convenience, as they can be opened without a key. They are often used in combination with other security devices, such as alarm systems.


12 volts DC:


12 VDC is the standard voltage for electronic deadbolts. It has a wide application in security systems and access control system. The 12 VDC power supply is used to program the electronic lock by making connections with its controlling device such as a keypad or remote controller.


The demand for high security level in commercial and residential areas has increased awareness among people about advanced technologies such as biometric identification, alarm systems, video surveillance,.


24 volts DC:


24 VDC is a low voltage power supply used in electronic deadbolts. It has a wide range of applications such as security systems, car alarms, and keyless entry systems. The 24VDC power supply is an essential component in these devices that ensures the proper functioning of the system.


The 24VDC power supply has different output terminals marked with + and – signs which are connected to the positive and negative terminals of battery respectively.


Application Insights:


The residential sector accounted for the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. The rising number of households and growing preference for deadbolts at home are among major factors driving the segment growth. Moreover, increasing investments by government bodies in improving safety standards across housing complexes are likely to propel industry expansion over the coming years.


Commercial sector is also anticipated to register significant growth during the study period owing to increasing investments by companies in their premises as well as security systems installed there such as electronic door locking systems with integrated panic buttons or remote control devices that can be used from outside rooms without opening doors, thereby enhancing overall safety against burglars and intruders.  Automotive sector is also expected witness considerable growth on account of high demand from key markets including U.S.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This can be attributed to the presence of prominent players, technological advancements, and high demand for advanced security solutions in countries such as the U.S., Canada, and Mexico.


Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the forecast period owing to increasing awareness about smart homes among consumers.


The Middle East & Africa region accounted for a share of nearly 10% in terms of revenue generated globally by electronic deadbolts market due mainly on growing construction activities coupled with government initiatives aimed at improving infrastructure within countries such Saudi Arabia.


Growth Factors:


  • Increasing demand for smart homes and security systems
  • Rising concerns over home security and safety
  • Growing popularity of electronic deadbolts among consumers
  • Proliferation of online retail platforms that offer discounts on electronic deadbolts
  • Technological advancements in the design and functionality of electronic deadbolts

Scope Of The Report

Report Attributes

Report Details

Report Title

Electronic Deadbolts Market Research Report

By Type

12 volts DC, 24 volts DC, Others

By Application

Residential Sector, Commercial Sector, Automotive Sector, Others

By Companies

Kwikset, Schlage, Milocks, Copper Creek, Delaney, Defiant, Morning Industry, Array by Hampton, Honeywell, August, Toledo, LockState, Lockly

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

237

Number of Tables & Figures

166

Customization Available

Yes, the report can be customized as per your need.


Global Electronic Deadbolts Market Report Segments:

The global Electronic Deadbolts market is segmented on the basis of:

Types

12 volts DC, 24 volts DC, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Residential Sector, Commercial Sector, Automotive Sector, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Kwikset
  2. Schlage
  3. Milocks
  4. Copper Creek
  5. Delaney
  6. Defiant
  7. Morning Industry
  8. Array by Hampton
  9. Honeywell
  10. August
  11. Toledo
  12. LockState
  13. Lockly

Global Electronic Deadbolts Market Overview


Highlights of The Electronic Deadbolts Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 12 volts DC
    2. 24 volts DC
    3. Others
  1. By Application:

    1. Residential Sector
    2. Commercial Sector
    3. Automotive Sector
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electronic Deadbolts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Electronic Deadbolts Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Electronic Deadbolts are a type of security system that uses electronic locks to secure doors and windows. The locks use a keypad or remote control to enter the code, which then opens the door or window.

Some of the key players operating in the electronic deadbolts market are Kwikset, Schlage, Milocks, Copper Creek, Delaney, Defiant, Morning Industry, Array by Hampton, Honeywell, August, Toledo, LockState, Lockly.

The electronic deadbolts market is expected to grow at a compound annual growth rate of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Electronic Deadbolts Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Electronic Deadbolts Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Electronic Deadbolts Market - Supply Chain
   4.5. Global Electronic Deadbolts Market Forecast
      4.5.1. Electronic Deadbolts Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Electronic Deadbolts Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Electronic Deadbolts Market Absolute $ Opportunity

5. Global Electronic Deadbolts Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Electronic Deadbolts Market Size and Volume Forecast by Type
      5.3.1. 12 volts DC
      5.3.2. 24 volts DC
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Electronic Deadbolts Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Electronic Deadbolts Market Size and Volume Forecast by Application
      6.3.1. Residential Sector
      6.3.2. Commercial Sector
      6.3.3. Automotive Sector
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Electronic Deadbolts Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Electronic Deadbolts Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Electronic Deadbolts Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Electronic Deadbolts Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Electronic Deadbolts Demand Share Forecast, 2019-2026

9. North America Electronic Deadbolts Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Electronic Deadbolts Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Electronic Deadbolts Market Size and Volume Forecast by Application
      9.4.1. Residential Sector
      9.4.2. Commercial Sector
      9.4.3. Automotive Sector
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Electronic Deadbolts Market Size and Volume Forecast by Type
      9.7.1. 12 volts DC
      9.7.2. 24 volts DC
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Electronic Deadbolts Demand Share Forecast, 2019-2026

10. Latin America Electronic Deadbolts Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Electronic Deadbolts Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Electronic Deadbolts Market Size and Volume Forecast by Application
      10.4.1. Residential Sector
      10.4.2. Commercial Sector
      10.4.3. Automotive Sector
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Electronic Deadbolts Market Size and Volume Forecast by Type
      10.7.1. 12 volts DC
      10.7.2. 24 volts DC
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Electronic Deadbolts Demand Share Forecast, 2019-2026

11. Europe Electronic Deadbolts Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Electronic Deadbolts Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Electronic Deadbolts Market Size and Volume Forecast by Application
      11.4.1. Residential Sector
      11.4.2. Commercial Sector
      11.4.3. Automotive Sector
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Electronic Deadbolts Market Size and Volume Forecast by Type
      11.7.1. 12 volts DC
      11.7.2. 24 volts DC
      11.7.3. Others
   11.8. Basis Point Share (BPS) Aalysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Electronic Deadbolts Demand Share, 2019-2026

12. Asia Pacific Electronic Deadbolts Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Electronic Deadbolts Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Electronic Deadbolts Market Size and Volume Forecast by Application
      12.4.1. Residential Sector
      12.4.2. Commercial Sector
      12.4.3. Automotive Sector
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Electronic Deadbolts Market Size and Volume Forecast by Type
      12.7.1. 12 volts DC
      12.7.2. 24 volts DC
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Electronic Deadbolts Demand Share, 2019-2026

13. Middle East & Africa Electronic Deadbolts Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Electronic Deadbolts Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Electronic Deadbolts Market Size and Volume Forecast by Application
      13.4.1. Residential Sector
      13.4.2. Commercial Sector
      13.4.3. Automotive Sector
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Electronic Deadbolts Market Size and Volume Forecast by Type
      13.7.1. 12 volts DC
      13.7.2. 24 volts DC
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Electronic Deadbolts Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Electronic Deadbolts Market: Market Share Analysis
   14.2. Electronic Deadbolts Distributors and Customers
   14.3. Electronic Deadbolts Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Kwikset
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Schlage
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Milocks
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Copper Creek
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Delaney
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Defiant
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Morning Industry
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Array by Hampton
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Honeywell
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. August
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Toledo
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. LockState
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Lockly
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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