Global Electronic Home Locks Market Size & Outlook
Global electronic home locks market, 2021-2033 (US$M)
Global electronic home locks market highlights
- The global electronic home locks market generated a revenue of USD 3,844.6 million in 2025 and is expected to reach USD 7,119.7 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 8% by 2033.
- In terms of segment, biometrics accounted for a revenue of USD 4,155.4 million in 2025.
- Biometrics is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
Global data book summary
| Market revenue in 2025 | USD 3,844.6 million |
| Market revenue in 2033 | USD 7,119.7 million |
| Growth rate | 8% (CAGR from 2026 to 2033) |
| Largest segment | Biometrics |
| Fastest growing segment | Biometrics |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biometrics |
Other key industry trends
- In terms of revenue, the North America accounted for 30.7% of the global electronic home locks market in 2025.
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Electronic Home Locks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MiWay | View profile | 1001-5000 | Centurion, NA - South Africa, South Africa, Africa | https://www.miway.co.za |
| SALTO Systems | View profile | 251-500 | San Sebastian, Pais Vasco, Spain, Europe | http://www.saltosystems.com/en |
| Dormakaba | View profile | 10001+ | Indianapolis, Indiana, United States, North America | https://www.dormakaba.com/us-en |
| Master Lock Company | View profile | 5001-10000 | Oak Creek, Wisconsin, United States, North America | http://masterlock.com |
| Vivint | View profile | 10001+ | Provo, Utah, United States, North America | http://www.vivint.com |
| Allegion PLC | View profile | 12400 | Harcourt Road, Iveagh Court, Block D, Dublin 2, Ireland, D02 VH94 | https://www.allegion.com |
| Godrej | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | https://www.godrej.com |
| Spectrum Brands Holdings Inc | View profile | 3100 | 3001 Deming Way, Middleton, WI, United States, 53562 | https://www.spectrumbrands.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global electronic home locks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electronic home locks market will help companies and investors design strategic landscapes.
Biometrics was the largest segment with a revenue share of 108.08% in 2025. Horizon Databook has segmented the Global electronic home locks market based on biometrics covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Electronic Home Locks Product Outlook (Revenue, USD Million, 2021-2033)
- Biometrics
- Keypad
- Others
- Global Electronic Home Locks End Use Outlook (Revenue, USD Million, 2021-2033)
- Residential
- Commercial
- Industrial
- Institutional
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Our clientele includes a mix of electronic home locks market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global electronic home locks market , including forecasts for subscribers. This global databook contains high-level insights into Global electronic home locks market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global electronic home locks market size, by regions, 2021-2033 (US$M)
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