Product Code: ETC4457066 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Smart locks are gaining popularity in Thailand, as they offer convenient and secure access control solutions for homes and businesses. The smart lock market encompasses a variety of keyless entry systems, enabling users to control and monitor access through mobile apps and other smart devices.
The Thailand Smart Lock market is witnessing notable growth, fueled by the increasing adoption of smart home technologies and the desire for enhanced security and convenience. Smart locks offer keyless entry, remote access control, and integration with smart home ecosystems. The market benefits from the growing interest in connected living and the deployment of secure and user-friendly smart lock solutions. Additionally, the integration of biometric authentication and voice recognition technologies contributes to the market prominence in Thailand evolving landscape of modern living spaces and personalized security systems.
The Thailand Smart Lock Market has witnessed significant growth, driven by the increasing adoption of smart home technologies. However, challenges persist in terms of user trust and concerns about the vulnerability of connected devices. Cybersecurity threats pose a substantial challenge, as unauthorized access to smart lock systems could compromise the security of homes and businesses. Overcoming these challenges requires robust encryption protocols, regular software updates, and increased awareness among users about the importance of secure smart lock practices.
The Thailand Smart Lock Market navigated challenges during the COVID-19 pandemic, marked by changes in consumer behavior, security concerns, and smart home adoption. With increased emphasis on touchless and secure access control, individuals sought smart lock solutions for homes, offices, and shared spaces. The demand for biometric, app-controlled, and keyless entry systems surged as consumers looked for convenient and connected security solutions. Despite disruptions in supply chains, the market showcased resilience as individuals recognized the importance of smart locks in enhancing home and property security. The increased adoption of integrated smart home ecosystems contributed to the market recovery. The pandemic underscored the significance of smart locks in supporting modern lifestyles and security needs, driving investments in technologies that offer connectivity, versatility, and enhanced user experiences for diverse smart lock applications.
Transforming access control and home security, key players such as Assa Abloy AB and August Home Inc. significantly contribute to the Smart Lock market in Thailand. Assa Abloy, a global leader in access solutions, provides smart locks that offer secure and convenient access control for residential and commercial applications in Thailand. August Home, known for its smart home products, offers innovative smart locks that integrate with home automation systems, impacting the smart home market in Thailand. These companies play a pivotal role in shaping smart lock technologies for modern and connected living.
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 Thailand Smart Lock Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Smart Lock Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Smart Lock Market - Industry Life Cycle |
3.4 Thailand Smart Lock Market - Porter's Five Forces |
3.5 Thailand Smart Lock Market Revenues & Volume Share, By Lock Type , 2021 & 2031F |
3.6 Thailand Smart Lock Market Revenues & Volume Share, By Communication Protocol , 2021 & 2031F |
3.7 Thailand Smart Lock Market Revenues & Volume Share, By Unlocking Mechanism , 2021 & 2031F |
3.8 Thailand Smart Lock Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Thailand Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Smart Lock Market Trends |
6 Thailand Smart Lock Market, By Types |
6.1 Thailand Smart Lock Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Smart Lock Market Revenues & Volume, By Lock Type , 2021-2031F |
6.1.3 Thailand Smart Lock Market Revenues & Volume, By Deadbolt Locks, 2021-2031F |
6.1.4 Thailand Smart Lock Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.5 Thailand Smart Lock Market Revenues & Volume, By Server locks & Latches, 2021-2031F |
6.1.6 Thailand Smart Lock Market Revenues & Volume, By Knob Locks, 2021-2031F |
6.1.7 Thailand Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Smart Lock Market, By Communication Protocol |
6.2.1 Overview and Analysis |
6.2.2 Thailand Smart Lock Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.3 Thailand Smart Lock Market Revenues & Volume, By WiFi, 2021-2031F |
6.2.4 Thailand Smart Lock Market Revenues & Volume, By Z-Wave, 2021-2031F |
6.2.5 Thailand Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Smart Lock Market, By Unlocking Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Thailand Smart Lock Market Revenues & Volume, By Keypad, 2021-2031F |
6.3.3 Thailand Smart Lock Market Revenues & Volume, By Card Key, 2021-2031F |
6.3.4 Thailand Smart Lock Market Revenues & Volume, By Touch Based, 2021-2031F |
6.3.5 Thailand Smart Lock Market Revenues & Volume, By Key Fob, 2021-2031F |
6.3.6 Thailand Smart Lock Market Revenues & Volume, By Smartphone Based, 2021-2031F |
6.4 Thailand Smart Lock Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Thailand Smart Lock Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Thailand Smart Lock Market Revenues & Volume, By Residential, 2021-2031F |
6.4.4 Thailand Smart Lock Market Revenues & Volume, By Institutional & Government, 2021-2031F |
6.4.5 Thailand Smart Lock Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Thailand Smart Lock Market Revenues & Volume, By Transportation & Logistic, 2021-2031F |
7 Thailand Smart Lock Market Import-Export Trade Statistics |
7.1 Thailand Smart Lock Market Export to Major Countries |
7.2 Thailand Smart Lock Market Imports from Major Countries |
8 Thailand Smart Lock Market Key Performance Indicators |
9 Thailand Smart Lock Market - Opportunity Assessment |
9.1 Thailand Smart Lock Market Opportunity Assessment, By Lock Type , 2021 & 2031F |
9.2 Thailand Smart Lock Market Opportunity Assessment, By Communication Protocol , 2021 & 2031F |
9.3 Thailand Smart Lock Market Opportunity Assessment, By Unlocking Mechanism , 2021 & 2031F |
9.4 Thailand Smart Lock Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Thailand Smart Lock Market - Competitive Landscape |
10.1 Thailand Smart Lock Market Revenue Share, By Companies, 2024 |
10.2 Thailand Smart Lock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |