| Product Code: ETC5320108 | 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 |
The import shipments of smart locks to Sweden in 2024 saw a shift in concentration levels, moving from moderate to low concentration. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 9.28%. Finland, Vietnam, China, Romania, and Austria emerged as the top countries exporting smart locks to Sweden in 2024, indicating a diverse market landscape and potential for continued expansion and innovation in the smart lock industry.
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 Sweden Smart Locks Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Smart Locks Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Smart Locks Market - Industry Life Cycle |
3.4 Sweden Smart Locks Market - Porter's Five Forces |
3.5 Sweden Smart Locks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Sweden Smart Locks Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Sweden Smart Locks Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Sweden Smart Locks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about home security and smart technology among consumers in Sweden |
4.2.2 Growing trend of smart home automation and integration of smart devices |
4.2.3 Demand for convenience and enhanced security features in residential and commercial properties |
4.3 Market Restraints |
4.3.1 High initial cost of smart lock systems may hinder adoption rates among price-sensitive consumers |
4.3.2 Concerns regarding data privacy and cybersecurity risks associated with smart lock technology |
4.3.3 Limited compatibility with existing door hardware and lack of standardized protocols in the market |
5 Sweden Smart Locks Market Trends |
6 Sweden Smart Locks Market Segmentations |
6.1 Sweden Smart Locks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Sweden Smart Locks Market Revenues & Volume, By Deadbolts, 2021-2031F |
6.1.3 Sweden Smart Locks Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.4 Sweden Smart Locks Market Revenues & Volume, By Padlocks, 2021-2031F |
6.1.5 Sweden Smart Locks Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sweden Smart Locks Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Sweden Smart Locks Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.3 Sweden Smart Locks Market Revenues & Volume, By Wi-Fi, 2021-2031F |
6.3 Sweden Smart Locks Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Sweden Smart Locks Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Sweden Smart Locks Market Revenues & Volume, By Commercial, 2021-2031F |
7 Sweden Smart Locks Market Import-Export Trade Statistics |
7.1 Sweden Smart Locks Market Export to Major Countries |
7.2 Sweden Smart Locks Market Imports from Major Countries |
8 Sweden Smart Locks Market Key Performance Indicators |
8.1 Number of households in Sweden adopting smart home devices |
8.2 Percentage increase in the installation of smart locks in residential and commercial buildings |
8.3 Rate of technological advancements and innovation in the smart lock market |
9 Sweden Smart Locks Market - Opportunity Assessment |
9.1 Sweden Smart Locks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Sweden Smart Locks Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Sweden Smart Locks Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Sweden Smart Locks Market - Competitive Landscape |
10.1 Sweden Smart Locks Market Revenue Share, By Companies, 2024 |
10.2 Sweden Smart Locks 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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