| Product Code: ETC4798820 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland saw a steady increase in smart locks & keys import shipments, with top exporting countries being the UK, China, Israel, Italy, and Spain. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 20.12% over the period of 2020-2024 highlights the continued demand for smart security solutions in the Irish market. This data suggests a promising outlook for the smart locks & keys industry in Ireland.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Smart Locks & Keys Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Smart Locks & Keys Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Smart Locks & Keys Market - Industry Life Cycle |
3.4 Ireland Smart Locks & Keys Market - Porter's Five Forces |
3.5 Ireland Smart Locks & Keys Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Ireland Smart Locks & Keys Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ireland Smart Locks & Keys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on home automation and smart home technologies |
4.2.2 Growing concerns about security and safety, driving demand for advanced locking systems |
4.2.3 Rising adoption of IoT (Internet of Things) devices and connected technologies in Ireland |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart locks and keys may hinder widespread adoption |
4.3.2 Concerns about data privacy and cybersecurity issues related to smart lock systems |
4.3.3 Limited awareness and understanding of the benefits of smart locks among consumers |
5 Ireland Smart Locks & Keys Market Trends |
6 Ireland Smart Locks & Keys Market Segmentations |
6.1 Ireland Smart Locks & Keys Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Ireland Smart Locks & Keys Market Revenues & Volume, By Deadbolt, 2021-2031F |
6.1.3 Ireland Smart Locks & Keys Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.4 Ireland Smart Locks & Keys Market Revenues & Volume, By Padlock, 2021-2031F |
6.1.5 Ireland Smart Locks & Keys Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Smart Locks & Keys Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ireland Smart Locks & Keys Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Ireland Smart Locks & Keys Market Revenues & Volume, By Hospitality, 2021-2031F |
6.2.4 Ireland Smart Locks & Keys Market Revenues & Volume, By Enterprise, 2021-2031F |
6.2.5 Ireland Smart Locks & Keys Market Revenues & Volume, By Critical Infrastructure, 2021-2031F |
6.2.6 Ireland Smart Locks & Keys Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Smart Locks & Keys Market Import-Export Trade Statistics |
7.1 Ireland Smart Locks & Keys Market Export to Major Countries |
7.2 Ireland Smart Locks & Keys Market Imports from Major Countries |
8 Ireland Smart Locks & Keys Market Key Performance Indicators |
8.1 Average number of smart locks and keys per household in Ireland |
8.2 Percentage increase in smart locks installation by professional security companies |
8.3 Rate of adoption of smart lock technologies in commercial buildings and offices |
9 Ireland Smart Locks & Keys Market - Opportunity Assessment |
9.1 Ireland Smart Locks & Keys Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Ireland Smart Locks & Keys Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ireland Smart Locks & Keys Market - Competitive Landscape |
10.1 Ireland Smart Locks & Keys Market Revenue Share, By Companies, 2024 |
10.2 Ireland Smart Locks & Keys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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