| Product Code: ETC5602446 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Suriname smart lock import market in 2024 continues to be dominated by key players from China, the United States, Netherlands, Poland, and Germany. The High Herfindahl-Hirschman Index (HHI) indicates a significant level of market concentration, which intensified further in 2024. With a modest Compound Annual Growth Rate (CAGR) of 0.9% from 2020 to 2024, the market experienced a slight decline in growth rate at -3.8% from 2023 to 2024. These trends suggest a competitive landscape with potential challenges for new entrants looking to capitalize on the smart lock industry in Suriname.

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 Suriname Smart Lock Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Smart Lock Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Smart Lock Market - Industry Life Cycle |
3.4 Suriname Smart Lock Market - Porter's Five Forces |
3.5 Suriname Smart Lock Market Revenues & Volume Share, By Lock Type , 2021 & 2031F |
3.6 Suriname Smart Lock Market Revenues & Volume Share, By Communication Protocol , 2021 & 2031F |
3.7 Suriname Smart Lock Market Revenues & Volume Share, By Unlocking Mechanism , 2021 & 2031F |
3.8 Suriname Smart Lock Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Suriname Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about home security and smart technology among consumers in Suriname |
4.2.2 Growing demand for convenience and ease of access to homes and properties |
4.2.3 Suriname government initiatives promoting smart home technologies and security systems |
4.3 Market Restraints |
4.3.1 High initial cost and installation expenses associated with smart lock systems |
4.3.2 Concerns over data security and privacy issues related to smart lock technology |
4.3.3 Limited availability of skilled professionals for installation and maintenance of smart lock systems in Suriname |
5 Suriname Smart Lock Market Trends |
6 Suriname Smart Lock Market Segmentations |
6.1 Suriname Smart Lock Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Smart Lock Market Revenues & Volume, By Deadbolt Locks, 2021-2031F |
6.1.3 Suriname Smart Lock Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.4 Suriname Smart Lock Market Revenues & Volume, By Server locks & Latches, 2021-2031F |
6.1.5 Suriname Smart Lock Market Revenues & Volume, By Knob Locks, 2021-2031F |
6.1.6 Suriname Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.2 Suriname Smart Lock Market, By Communication Protocol |
6.2.1 Overview and Analysis |
6.2.2 Suriname Smart Lock Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.3 Suriname Smart Lock Market Revenues & Volume, By WiFi, 2021-2031F |
6.2.4 Suriname Smart Lock Market Revenues & Volume, By Z-Wave, 2021-2031F |
6.2.5 Suriname Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.3 Suriname Smart Lock Market, By Unlocking Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Suriname Smart Lock Market Revenues & Volume, By Keypad, 2021-2031F |
6.3.3 Suriname Smart Lock Market Revenues & Volume, By Card Key, 2021-2031F |
6.3.4 Suriname Smart Lock Market Revenues & Volume, By Touch Based, 2021-2031F |
6.3.5 Suriname Smart Lock Market Revenues & Volume, By Key Fob, 2021-2031F |
6.3.6 Suriname Smart Lock Market Revenues & Volume, By Smartphone Based, 2021-2031F |
6.4 Suriname Smart Lock Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Suriname Smart Lock Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Suriname Smart Lock Market Revenues & Volume, By Residential, 2021-2031F |
6.4.4 Suriname Smart Lock Market Revenues & Volume, By Institutional & Government, 2021-2031F |
6.4.5 Suriname Smart Lock Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Suriname Smart Lock Market Revenues & Volume, By Transportation & Logistic, 2021-2031F |
7 Suriname Smart Lock Market Import-Export Trade Statistics |
7.1 Suriname Smart Lock Market Export to Major Countries |
7.2 Suriname Smart Lock Market Imports from Major Countries |
8 Suriname Smart Lock Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of smart lock systems in Suriname households |
8.2 Number of partnerships and collaborations between smart lock manufacturers and local distributors in Suriname |
8.3 Average response time for customer service and technical support for smart lock systems in Suriname |
9 Suriname Smart Lock Market - Opportunity Assessment |
9.1 Suriname Smart Lock Market Opportunity Assessment, By Lock Type , 2021 & 2031F |
9.2 Suriname Smart Lock Market Opportunity Assessment, By Communication Protocol , 2021 & 2031F |
9.3 Suriname Smart Lock Market Opportunity Assessment, By Unlocking Mechanism , 2021 & 2031F |
9.4 Suriname Smart Lock Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Suriname Smart Lock Market - Competitive Landscape |
10.1 Suriname Smart Lock Market Revenue Share, By Companies, 2024 |
10.2 Suriname Smart Lock 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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