Digital Door Lock System

World Market Report

MCP16323

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2103
Number of executives repeatedly engaged by snail & email outreach

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63
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19
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42
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DATE

JAN 2023

TABLES

123

PAGES

194

EDITION

8

PRICE

USD 4950

CODE

MCP16323


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

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(S/A/N/T)

%

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HIGHLIGHTS & REPORT INDEX

What`s New for 2023?

»Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
»Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
»Online interactive peer-to-peer collaborative bespoke updates
»Access to our digital archives and MarketGlass Research Platform
»Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Digital Door Lock System Market to Reach $27.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Digital Door Lock System estimated at US$9.5 Billion in the year 2022, is projected to reach a revised size of US$27.2 Billion by 2030, growing at a CAGR of 14% over the analysis period 2022-2030. Keypad Locks, one of the segments analyzed in the report, is projected to record a 13.9% CAGR and reach US$12 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Biometrics Locks segment is readjusted to a revised 15% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 13% CAGR
The Digital Door Lock System market in the U.S. is estimated at US$2.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2030 trailing a CAGR of 13% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 11.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR.

SELECT PLAYERS

ADT Inc. (dba ADT Security Services, Inc.); Allegion PLC; Assa Abloy AB; August Home; Cisco Systems, Inc.; Godrej & Boyce Manufacturing Co., Ltd.; Honeywell International, Inc.; Johnson Controls, Inc.; Onity, Inc.; Panasonic Corporation; Vivint, Inc.

SEGMENTS

» Type (Keypad Locks, Biometrics Locks, RFID Card Digital Locks, Keyless Remote Locks) » End-Use (Commercial, Residential, Government, Industrial)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Digital Door Lock System – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Digital Door Lock System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Digital Door Lock System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Biometrics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Biometrics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Keypad Locks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Keypad Locks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Digital Door Lock System Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
UNITED STATES
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
USA Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Canada Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
JAPAN
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Japan Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
CHINA
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
China Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
EUROPE
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Digital Door Lock System by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Digital Door Lock System by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
FRANCE
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
France Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
GERMANY
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Germany Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Italy Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
UNITED KINGDOM
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
UK Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Rest of Europe Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
ASIA-PACIFIC
Digital Door Lock System Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Asia-Pacific Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Digital Door Lock System by Type - Biometrics and Keypad Locks - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Digital Door Lock System by Type - Percentage Breakdown of Value Sales for Biometrics and Keypad Locks for the Years 2021 & 2027
Rest of World Recent Past, Current & Future Analysis for Digital Door Lock System by End-Use Industry - Government, Commercial, Industrial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Digital Door Lock System by End-Use Industry - Percentage Breakdown of Value Sales for Government, Commercial, Industrial and Residential for the Years 2021 & 2027

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