Electrical Industry Today

Electronic Door Lock Market 2025-2035 | CAGR 5.1% | Revenue Forecast, Growth Factors, and Trends

The global electronic door lock market is witnessing steady growth, driven by technological advancements, increasing security concerns, and the rise of smart home integration. Valued at USD 3.46 billion in 2024, the market is projected to reach USD 6.0 billion by 2035, growing at a CAGR of 5.1% during 2025-2035.
Published 22 October 2025

The Electronic Door Lock Market is witnessing steady growth, fueled by increasing demand for smart and secure access solutions in residential, commercial, and industrial spaces. With a market size of USD 3.46 billion in 2024, the industry is expected to reach USD 3.64 billion in 2025 and further expand to USD 6.0 billion by 2035.

The base year analysis (2024) and historical trends (2019–2023) indicate a strong adoption of electronic door locks due to technological advancements, rising urbanization, and growing security awareness. Key regions covered include North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA).

Electronic door locks, which replace traditional mechanical locks with electronic mechanisms, are increasingly integrated with smart home systems, access control networks, and IoT platforms. Their ability to offer convenience, security, and remote access makes them a preferred choice across various end-use sectors.

Key Market Dynamics

Technological Advancements: Biometric authentication, keyless entry, and wireless connectivity enhance security and convenience.

Rising Security Concerns: Increasing residential and commercial thefts drive the adoption of electronic locks.

Smart Home Integration: Growing smart home adoption boosts demand for IoT-enabled and automated door locks.

Eco-Friendly Solutions: Energy-efficient and battery-powered locks are gaining traction in environmentally conscious markets.

Increasing Urbanization: Rapid urban development and infrastructure growth lead to higher adoption in residential and commercial buildings.

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Market Segmentation

The Electronic Door Lock Market is segmented to provide detailed insights:

By Technology: RFID, Biometric, Keypad, Bluetooth, Wi-Fi, NFC

By End Use: Residential, Commercial, Industrial, Hospitality

By Lock Type: Mortise, Deadbolt, Lever, Cylinder, Padlock

By Installation Type: New Installation, Retrofit

By Region: North America, Europe, Asia-Pacific (APAC), South America, Middle East & Africa (MEA)

Regional Insights

North America: Leads the market due to high adoption of smart homes, advanced security infrastructure, and technological innovation in the US and Canada.

Europe: Germany, UK, France, and Italy drive growth through residential and commercial security deployments and regulatory support.

Asia-Pacific (APAC): Fastest-growing market, led by China, India, Japan, and South Korea, fueled by urbanization and IoT integration.

South America: Brazil and Mexico are emerging markets with increasing interest in smart and secure access systems.

Middle East & Africa (MEA): GCC nations and South Africa are gradually adopting electronic locks for residential, commercial, and hospitality sectors.

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Revenue Forecast (2025–2035)

• Market Size 2024: USD 3.46 billion

• Market Size 2025: USD 3.64 billion

• Market Size 2035: USD 6.0 billion

• Forecast Period CAGR: 5.1%

The market’s growth trajectory reflects rising adoption in smart homes, commercial buildings, and industrial facilities, coupled with advances in IoT, contactless access, and biometrics technologies.

Key Opportunities

Smart Home Integration Growth: Increasing connectivity with home automation platforms and mobile apps.

Rising Demand for Contactless Access: Enhanced convenience and hygiene drive adoption in residential and commercial spaces.

Expansion in Emerging Markets: APAC, MEA, and Latin America offer high growth potential due to urbanization and digitalization.

Adoption of IoT Technology: Remote monitoring, control, and data analytics boost market opportunities.

Technological Innovations in Lock Design: Biometric authentication, battery efficiency, and wireless communication enhance product attractiveness.

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Competitive Landscape

The Electronic Door Lock Market is moderately consolidated, with global players focusing on innovation, partnerships, and expanding product portfolios. Key companies profiled include:

• Salto Systems

• Morley

• Assa Abloy

• Kwikset

• Yale

• Allegion

• Honeywell

• YourDoorLock

• Bosch Security Systems

• Codelocks

• Dormakaba

• Samsung

• Avigilon

• Schlage

• LiftMaster

These companies invest in R&D for IoT-enabled locks, smart access solutions, and eco-friendly designs, while also expanding their presence in emerging and mature markets to capture the rising demand for secure, automated, and connected door locking systems.

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