Market Overview:
The global automatic door locks market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced security systems, rising awareness about safety and security, and growing adoption of smart homes. The global automatic door locks market is segmented on the basis of type into electronic cipher locks, fingerprint locks, remote locks, and others. The electronic cipher lock segment is expected to hold the largest share in the global automatic doorlocks market duringthe forecast period owingto its high demand from commercial applications. The household solutions segment is expected to hold a larger share in terms of revenue in 2018 as compared with that for commercial solutions; however, it is anticipated that there will be higher growth rates for commercial solutions over th e next decade due t o th e increasin g n umber o f smar t buildings an d th eir need fo r securit y solutio ns .
Product Definition:
An automatic door lock is a device that automatically locks a door when it is closed. Automatic door locks are important because they help to keep people safe and secure.
Electronic Cipher Locks:
Electronic Cipher Locks, also known as key-based locks or just encryptors, are a new type of lock that uses an algorithm to encrypt the data that is sent from the lock to open using a unique personal identification number. The encryption process takes place in the cloud and can only be decrypted by entering the correct passcode. This makes it virtually impossible for hackers or any other third party to decipher your personal information such as emails or passwords stored in your account.
Fingerprint Locks:
Fingerprint locks are a type of biometric technology that uses the unique physical characteristics of human fingers to provide an additional level of security. The technology is used in automatic door locks which are widely used across commercial and residential sectors for securing premises.
Advantages: Fingerprint Locks provides high levels of security as it is an effective way to access authorized users without using any other traditional methods such as card or password authentication.
Application Insights:
The other application segment includes government buildings, hospitals, industrial facilities and airports. The use of door locks in these applications is to ensure secure entry and exit of authorized personnel only. The usage of keyless systems in such applications reduces the risk of theft or burglary by eliminating the need to carry a physical key. However, this also leads to an increase in security risks as there is no way for users to physically verify if the person trying to enter or exit the building is actually allowed access. This factor will impact market growth during the forecast period as many companies are shifting their focus towards providing solutions that offer enhanced security at a lower cost while reducing operational costs significantly.
The household sector primarily comprises residential buildings where people spend most part of their day either at work or school doors leading from kitchen/living room/family room are expected to be among prominent users owing Door Locks installed on these doors play an important role in enhancing overall safety by preventing burglaries.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of key industry players, high disposable income and growing residential and commercial construction activities. Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 owing to increasing investments in smart cities initiative by various governments across countries such as China, Japan, Indonesia, Malaysia & Thailand among others. Moreover, rising population coupled with rapid urbanization will boost demand for automatic door locks over the forecast period. Furthermore, increasing government initiatives for creating awareness regarding safety measures will drive demand further.
Growth Factors:
- Increasing demand for security and safety features in vehicles
- Growing awareness about the benefits of automatic door locks
- Rising demand for advanced and innovative locking systems
- Proliferation of smart cars and autonomous vehicles
- Growing popularity of keyless entry systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Door Locks Market Research Report
By Type
Electronic Cipher Locks, Fingerprint Locks, Remote Locks, Others
By Application
Household, Commercial, Other
By Companies
Assa Abloy, Samsung, Allegion, Kwikset (Spectrum Brands), MIWA Lock, Master Lock (Fortune Brands), Guangdong Be-Tech, Adel, August, Honeywell, Assa Abloy, Tenon, Locstar, Probuck, Guangdong Level Intelligent Lock
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Door Locks Market Report Segments:
The global Automatic Door Locks market is segmented on the basis of:
Types
Electronic Cipher Locks, Fingerprint Locks, Remote Locks, 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
Household, Commercial, Other
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:
- Assa Abloy
- Samsung
- Allegion
- Kwikset (Spectrum Brands)
- MIWA Lock
- Master Lock (Fortune Brands)
- Guangdong Be-Tech
- Adel
- August
- Honeywell
- Assa Abloy
- Tenon
- Locstar
- Probuck
- Guangdong Level Intelligent Lock
Highlights of The Automatic Door Locks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electronic Cipher Locks
- Fingerprint Locks
- Remote Locks
- Others
- By Application:
- Household
- Commercial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Door Locks 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automatic door locks are a safety feature that helps keep your home safe. When you close the door, the lock automatically engages to keep people out who don't have the correct key.
Some of the major companies in the automatic door locks market are Assa Abloy, Samsung, Allegion, Kwikset (Spectrum Brands), MIWA Lock, Master Lock (Fortune Brands), Guangdong Be-Tech, Adel, August, Honeywell, Assa Abloy, Tenon, Locstar, Probuck, Guangdong Level Intelligent Lock.
The automatic door locks market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Door Locks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Door Locks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Door Locks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Door Locks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Door Locks Market Size & Forecast, 2018-2028
4.5.1 Automatic Door Locks Market Size and Y-o-Y Growth
4.5.2 Automatic Door Locks Market Absolute $ Opportunity
Chapter 5 Global Automatic Door Locks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Door Locks Market Size Forecast by Type
5.2.1 Electronic Cipher Locks
5.2.2 Fingerprint Locks
5.2.3 Remote Locks
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Door Locks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Door Locks Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Door Locks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Door Locks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Door Locks Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Door Locks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Door Locks Market Size Forecast by Type
9.6.1 Electronic Cipher Locks
9.6.2 Fingerprint Locks
9.6.3 Remote Locks
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Door Locks Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Door Locks Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Door Locks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Door Locks Market Size Forecast by Type
10.6.1 Electronic Cipher Locks
10.6.2 Fingerprint Locks
10.6.3 Remote Locks
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Door Locks Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Door Locks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Door Locks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Door Locks Market Size Forecast by Type
11.6.1 Electronic Cipher Locks
11.6.2 Fingerprint Locks
11.6.3 Remote Locks
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Door Locks Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Door Locks Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Door Locks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Door Locks Market Size Forecast by Type
12.6.1 Electronic Cipher Locks
12.6.2 Fingerprint Locks
12.6.3 Remote Locks
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Door Locks Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Door Locks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Door Locks Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Door Locks Market Size Forecast by Type
13.6.1 Electronic Cipher Locks
13.6.2 Fingerprint Locks
13.6.3 Remote Locks
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Door Locks Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Door Locks Market: Competitive Dashboard
14.2 Global Automatic Door Locks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Assa Abloy
14.3.2 Samsung
14.3.3 Allegion
14.3.4 Kwikset (Spectrum Brands)
14.3.5 MIWA Lock
14.3.6 Master Lock (Fortune Brands)
14.3.7 Guangdong Be-Tech
14.3.8 Adel
14.3.9 August
14.3.10 Honeywell
14.3.11 Assa Abloy
14.3.12 Tenon
14.3.13 Locstar
14.3.14 Probuck
14.3.15 Guangdong Level Intelligent Lock
