The growth of the Touchless Smart Locks Market is attributed to rising investment in smart cities, burgeoning populace, and increasing deployment of advanced technologies such as Wi-Fi, Bluetooth in a smart touchless smart lock.
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The commercial sector acquired a significant rate in 2019. The rising integration of touchless smart locks in hotels is driving the growth of the Touchless Smart Lock market.
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Document Outline
Sample Pages
Global Touchless Smart Lock Market Analysis, 2020
18
Research Process & Methodology
Key questions answered in the report, Research process, Primary Research, Secondary Research,
Respondent Profile
25
Table of Content
Market Segmentation, Scope of Work
02
Commercials 67
Company Profile
About the company
69
Contact Details 71
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Market Segmentation
• August Homes
• Yale Home
• Nuki Home
Solutions
• Master Lock
Company LLC
• Ganter Electronics
• Ozone
• Homeit
• ZKTeco Co., Ltd.
• Latchable, Inc.
• Cansec Systems Ltd.
Global Touchless Smart Locks Market Segmentation
• Power Distribution
Module
• Bluetooth
Communication
Module
• Processing Unit
Module
• Mechanical Module
By Company By Modules By Region
• North America
o The US
o Canada
o Mexico
• South America
o Brazil
o Others
• Europe
o Germany
o France
o The UK
o Italy
o Spain
o Others
• Middle East &
Africa
o GCC
o Africa
o Others
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Others
• Wi-Fi
• Bluetooth
• Others
o Z-Wave
o TZigBee
o hread
o NFC
By Communication Type
• Gesture
Recognition
• Touchless Sensing
By Type
• RFID Card
• Touchless
Biometrics
• OTP/ Mobile App
• Camera Enabled
• Voice Assistance
By Technology Type
• Commercial
• Residential
• Industrial
• Institution and
Government
• Others
By End User
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Table of Content (1/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
1. Introduction
1.1. Lock Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. Global Touchless Smart Lock Market Overview
5. Impact of COVID-19 on Global Touchless Smart Lock Market
6. Global Touchless Smart Lock Market Outlook, 2016-2026F
6.1. Market Size & Analysis
6.1.1. Revenues
6.2. Market Share & Analysis
6.2.1. By Type
6.2.1.1. Gesture Recognition
6.2.1.2. Touchless Sensing
6.2.2. By Modules
6.2.2.1. Power Distribution Module
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Table of Content (2/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
6.2.2.2. Bluetooth Communication Module
6.2.2.3. Processing Unit Module
6.2.2.4. Mechanical Module
6.2.3. By Communication Type
6.2.3.1. Wi-Fi
6.2.3.2. Bluetooth
6.2.3.3. Others
6.2.3.3.1. Z-Wave
6.2.3.3.2. ZigBee
6.2.3.3.3. Thread
6.2.3.3.4. NFC
6.2.4. By Technology Type
6.2.4.1. RFID Card
6.2.4.2. Touchless Biometrics
6.2.4.3. OTP/ Mobile App
6.2.4.4. Camera Enabled
6.2.4.5. Voice Assistance
6.2.5. By End-User
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Table of Content (3/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
6.2.5.1. Commercial
6.2.5.2. Residential
6.2.5.3. Industrial
6.2.5.4. Institution and Government
6.2.5.5. Others
6.2.6. By Region
6.2.6.1. North America
6.2.6.2. South America
6.2.6.3. Europe
6.2.6.4. Middle East & Africa
6.2.6.5. Asia-Pacific
6.2.7. By Competitors
6.2.7.1. Competition Characteristics
6.2.7.2. Market Share & Analysis
6.2.7.3. Competitive Metrix
7. North America Touchless Smart Lock Market Outlook, 2016-2026F
7.1. Market Size & Analysis
7.1.1. Revenues
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Table of Content (4/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
7.2. Market Share & Analysis
7.2.1. By Type
7.2.2. By Modules
7.2.3. By Communication Type
7.2.4. By Technology Type
7.2.5. By End-User
7.2.6. By Country
7.2.6.1. The US
7.2.6.2. Canada
7.2.6.3. Mexico
7.3. The US Touchless Smart Lock Market Outlook, 2016-2026F
7.3.1. Market Size & Analysis
7.3.1.1. Revenues
7.3.2. Market Share & Analysis
7.3.2.1. By Type
7.3.2.2. By Technology Type
7.4. Canada Touchless Smart Lock Market Outlook, 2016-2026F
7.4.1. Market Size & Analysis
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Table of Content (5/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
7.4.1.1. Revenues
7.4.2. Market Share & Analysis
7.4.2.1. By Type
7.4.2.2. By Technology Type
7.5. Mexico Touchless Smart Lock Market Outlook, 2016-2026F
7.5.1. Market Size & Analysis
7.5.1.1. Revenues
7.5.2. Market Share & Analysis
7.5.2.1. By Type
7.5.2.2. By Technology Type
8. South America Touchless Smart Lock Market Outlook, 2016-2026F
8.1. Market Size & Analysis
8.1.1. Revenues
8.2. Market Share & Analysis
8.2.1. By Type
8.2.2. By Modules
8.2.3. By Communication Type
8.2.4. By Technology Type
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Table of Content (6/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
8.2.5. By End User
8.2.6. By Country
8.2.6.1. Brazil
8.2.6.2. Others
8.3. Brazil Touchless Smart Lock Market Outlook, 2016-2026F
8.3.1. Market Size & Analysis
8.3.1.1. Revenues
8.3.2. Market Share & Analysis
8.3.2.1. By Type
8.3.2.2. By Technology Type
9. Europe Touchless Smart Lock Market Outlook, 2016-2026F
9.1. Market Size & Analysis
9.1.1. Revenues
9.2. Market Share & Analysis
9.2.1. By Type
9.2.2. By Modules
9.2.3. By Communication Type
9.2.4. By Technology Type
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Table of Content (7/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
9.2.5. By End User
9.2.6. By Country
9.2.6.1. Germany
9.2.6.2. The UK
9.2.6.3. France
9.2.6.4. Italy
9.2.6.5. Spain
9.2.6.6. Others
9.3. Germany Touchless Smart Lock Market Outlook, 2016-2026F
9.3.1. Market Size & Analysis
9.3.1.1. Revenues
9.3.2. Market Share & Analysis
9.3.2.1. By Type
9.3.2.2. By Technology Type
9.4. The UK Touchless Smart Lock Market Outlook, 2016-2026F
9.4.1. Market Size & Analysis
9.4.1.1. Revenues
9.4.2. Market Share & Analysis
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Table of Content (8/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
9.4.2.1. By Type
9.4.2.2. By Technology Type
9.5. France Touchless Smart Lock Market Outlook, 2016-2026F
9.5.1. Market Size & Analysis
9.5.1.1. Revenues
9.5.2. Market Share & Analysis
9.5.2.1. By Type
9.5.2.2. By Technology Type
9.6. Italy Touchless Smart Lock Market Outlook, 2016-2026F
9.6.1. Market Size & Analysis
9.6.1.1. Revenues
9.6.2. Market Share & Analysis
9.6.2.1. By Type
9.6.2.2. By Technology Type
9.7. Spain Touchless Smart Lock Market Outlook, 2016-2026F
9.7.1. Market Size & Analysis
9.7.1.1. Revenues
9.7.2. Market Share & Analysis
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Table of Content (9/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
9.7.2.1. By Type
9.7.2.2. By Technology Type
10. Middle East & Africa Touchless Smart Lock Market Outlook, 2016-2026F
10.1. Market Size & Analysis
10.1.1. Revenues
10.2. Market Share & Analysis
10.2.1. By Type
10.2.2. By Modules
10.2.3. By Communication Type
10.2.4. By Technology Type
10.2.5. By End User
10.2.6. By Country
10.2.6.1. GCC
10.2.6.2. Africa
10.2.6.3. Others
10.3. GCC Touchless Smart Lock Market Outlook, 2016-2026F
10.3.1. Market Size & Analysis
10.3.1.1. Revenues
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Table of Content (10/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
10.3.2. Market Share & Analysis
10.3.2.1. By Type
10.3.2.2. By Technology Type
10.4. Africa Touchless Smart Lock Market Outlook, 2016-2026F
10.4.1. Market Size & Analysis
10.4.1.1. Revenues
10.4.2. Market Share & Analysis
10.4.2.1. By Type
10.4.2.2. By Technology Type
11. Asia-Pacific Touchless Smart Lock Market Outlook, 2016-2026F
11.1. Market Size & Analysis
11.1.1. Revenues
11.2. Market Share & Analysis
11.2.1. By Type
11.2.2. By Modules
11.2.3. By Communication Type
11.2.4. By Technology Type
11.2.5. By End User
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Table of Content (11/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
11.2.6. By Country
11.2.6.1. China
11.2.6.2. India
11.2.6.3. Japan
11.2.6.4. South Korea
11.2.6.5. Australia
11.2.6.6. Others
11.3. China Touchless Smart Lock Market Outlook, 2016-2026F
11.3.1. Market Size & Analysis
11.3.1.1. Revenues
11.3.2. Market Share & Analysis
11.3.2.1. By Type
11.3.2.2. By Technology Type
11.4. India Touchless Smart Lock Market Outlook, 2016-2026F
11.4.1. Market Size & Analysis
11.4.1.1. Revenues
11.4.2. Market Share & Analysis
11.4.2.1. By Type
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Table of Content (12/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
11.4.2.2. By Technology Type
11.5. Japan Touchless Smart Lock Market Outlook, 2016-2026F
11.5.1. Market Size & Analysis
11.5.1.1. Revenues
11.5.2. Market Share & Analysis
11.5.2.1. By Type
11.5.2.2. By Technology Type
11.6. South Korea Touchless Smart Lock Market Outlook, 2016-2026F
11.6.1. Market Size & Analysis
11.6.1.1. Revenues
11.6.2. Market Share & Analysis
11.6.2.1. By Type
11.6.2.2. By Technology Type
11.7. Australia Touchless Smart Lock Market Outlook, 2016-2026F
11.7.1. Market Size & Analysis
11.7.1.1. Revenues
11.7.2. Market Share & Analysis
11.7.2.1. By Type
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Table of Content (13/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
11.7.2.2. By Technology Type
12. Global Touchless Smart Lock Market Regulations, Policies
13. Global Touchless Smart Lock Market Intellectual Property Rights Analysis
14. Global Touchless Smart Lock Market Trends & Insights
15. Global Touchless Smart Lock Market Dynamics
15.1. Drivers
15.2. Challenges
15.3. Impact Analysis
16. Global Touchless Smart Lock Market Hotspot & Opportunities
17. Global Touchless Smart Lock Market, Competition Outlook
17.1. Competition Matrix
17.1.1. Target Markets
17.1.2. Target Applications
17.1.3. Research & Development
17.1.4. Collaborations & Strategic Alliances
17.1.5. Key Business Expansion Initiatives
17.1.6. Business Restructuring- Mergers, Acquisitions, JVs
17.1.7. Strategic Initiatives
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Table of Content (14/14)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
17.2. Company Profiles (Business Description, Lock Offering, Strategic Alliances or Partnerships, etc.)
17.2.1. August Homes
17.2.2. Yale Home
17.2.3. Nuki Home Solutions
17.2.4. Master Lock Company LLC
17.2.5. Ganter Electronics
17.2.6. Ozone
17.2.7. homeit
17.2.8. ZKTeco Co., Ltd.
17.2.9. Latchable, Inc.
17.2.10. Cansec Systems Ltd.
18. Disclaimer
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Global Touchless Smart Lock Market Outlook, 2016-2026F
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Global Touchless Smart Lock Market Analysis, 2016-2026F
Source: MarkNtel Advisors, E: Estimated, F: Forecast
Figure XX: Global Touchless Smart Lock Market Revenues(USD Million), 2016- 2026F
• The global touchless smart locks market is in its early phase of growth across the globe but finding soaring traction among the end users.
Hence, the manufacturers would gain a huge opportunity to grow in the forthcoming years. In 2019, the global smartphone penetration
was 65%, which is expected to reach 80% by 2025, as reported by the GSM Association. The increasing purchase of smartphones and
growing awareness about such smart locks amid end-users such as commercial, residential, government, among others, are the main
factors that would support to mushroom the global market at a CAGR of XX% during 2021-26.
• COVID-19 has emerged as the catalyst for the growth of touchless smart locks in North America and Europe. The sales have surged across
the commercial and residential sectors. The sales trend is set to proliferate in the forthcoming years as well, as the precautionary
Market at a Glance
2016 2017 2018 2019 2020 2021F 2022F 2023F 2024F 2025F 2026F
CAGR
CAGR
Revenue: XX% Revenue: XX%
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Global Touchless Smart Lock Market, By Type (1/4)
Market Size, By Type (USD Million)
Source: MarkNtel Advisors
• Gesture recognition and touchless sensing are the types of touchless smart locks that are available in the global market. The use of such
locking systems in cars, and requirement in industry verticals such as BFSI, corporate offices, manufacturing units, hotels, etc., are surging
the growth of the segments in the global market.
• The advantages of touchless sensing such as easy to access and maintain, and less cost compared to other types are the reason, which
drive the demand for touchless sensing over gesture recognition across the globe. Hence, the market share of the segment reached X%
Gesture Recognition Touchless Sensing
Touchless Sensing to Contribute Majorly in the Global market
Inner Circle: 2020; Outer Circle: 2026
Market Share, By Type
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Gesture
Recognition
X X X X X X X X X X X
Touchless Sensing X X X X X X X X X X X
Figure XX: Global Touchless Smart Lock Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Type, 2016- 2026F
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Global Touchless Smart Lock Market, By Modules (1/6)
Figure XX: Global Touchless Smart Lock Market Revenue Share (%) 2020 & 2026, By Modules
Power Distribution Module
Bluetooth Communication Module
Processing Unit Module
Mechanical Module
2020 2026F
The Properties of Bluetooth Communication Module is Driving the Segment Growth
Source: MarkNtel Advisors
• Bluetooth communication module is expected to gain popularity across the globe in the coming years. Bluetooth communication module
receiver received the unlock signal within around 10 feet of the individuals approaching the door. The short-range associated with such
type of module is drive the less cost of products compared to other types. This factor has been soaring the deployment of the Bluetooth
communication module based smart locks in the global market. Therefore, the segment was reached USD X million in 2019, and it
expected that the positive growth of the segment would continue by 2026.
• The small and medium-size organizations are looking for technologies that help them to improve regular activities and safety at a low
cost. Bluetooth communication module types of smart locks are one of them to cater to the requirement of such companies effectively and
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Global Touchless Smart Lock Market, By Technology Type (2/5)
Figure XX: Global Touchless Smart Lock Market Revenue (USD Million), By Technology Type, 2016-2026F
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
RFID Card X X X X X X X X X X X
Touchless
Biometrics
X X X X X X X X X X X
OTP/ Mobile App X X X X X X X X X X X
Camera Enabled X X X X X X X X X X X
Voice Assistance X X X X X X X X X X X
Source: MarkNtel Advisors
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North America Touchless Smart Lock Market, By Technology Type (2/5)
Figure XX: North America Touchless Smart Lock Market Revenue (USD Million), By Technology Type, 2016-2026F
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
RFID Card X X X X X X X X X X X
Touchless
Biometrics
X X X X X X X X X X X
OTP/ Mobile App X X X X X X X X X X X
Camera Enabled X X X X X X X X X X X
Voice Assistance X X X X X X X X X X X
Source: MarkNtel Advisors
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North America Touchless Smart Lock Market, By End User (1/5)
Figure XX: North America Touchless Smart Lock Market Revenue Share (%) 2020 & 2026, By End User
Commercial
Residential
Industrial
Institution and Government
Others
2020 2026F
Touchless Smart Lock is Gaining Traction amid Commercial and Industrial End-Users
Source: MarkNtel Advisors
• The commercial and industrial is anticipated to rise at a CAGR of XX% and YY% respectively during 2021-26. The growth of the segments
would flourish by the loosen government policies. For instance: the requirement of government permit to construct infrastructure in the
country delay the construction activities that are supposed to soar the construction cost. The government plan to ease the regulation on
construction projects is expected to surge the construction of the commercial and industrial units that would proliferate the demand for
touchless smart locks amid several industry verticals such as government, hospitality, manufacturing, etc. Furthermore, the increasing
public and private investments is supporting to bring new startups in the market in different domain. The growing occupancy of corporate
offices, distribution units, and construction of production facilities, etc., would soar the demand for touchless smart locks by 2026.
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