| Product Code: ETC10821463 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Cyprus continued to see a significant influx of smart door locks import shipments, with top exporting countries being Italy, China, Greece, Spain, and Germany. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period from 2020 to 2024 was a robust 8.73%. This suggests a steady expansion in the smart door locks market in Cyprus, driven by imports from key global players.

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 Cyprus Smart Door Locks Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Smart Door Locks Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Smart Door Locks Market - Industry Life Cycle |
3.4 Cyprus Smart Door Locks Market - Porter's Five Forces |
3.5 Cyprus Smart Door Locks Market Revenues & Volume Share, By Lock Type, 2021 & 2031F |
3.6 Cyprus Smart Door Locks Market Revenues & Volume Share, By Authentication Type, 2021 & 2031F |
3.7 Cyprus Smart Door Locks Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Cyprus Smart Door Locks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.9 Cyprus Smart Door Locks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Smart Door Locks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Smart Door Locks Market Trends |
6 Cyprus Smart Door Locks Market, By Types |
6.1 Cyprus Smart Door Locks Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Smart Door Locks Market Revenues & Volume, By Lock Type, 2021 - 2031F |
6.1.3 Cyprus Smart Door Locks Market Revenues & Volume, By Deadbolt Smart Locks, 2021 - 2031F |
6.1.4 Cyprus Smart Door Locks Market Revenues & Volume, By Lever Handle Smart Locks, 2021 - 2031F |
6.1.5 Cyprus Smart Door Locks Market Revenues & Volume, By Keypad Smart Locks, 2021 - 2031F |
6.1.6 Cyprus Smart Door Locks Market Revenues & Volume, By Keyless Entry Smart Locks, 2021 - 2031F |
6.1.7 Cyprus Smart Door Locks Market Revenues & Volume, By Remote Access Smart Locks, 2021 - 2031F |
6.2 Cyprus Smart Door Locks Market, By Authentication Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Smart Door Locks Market Revenues & Volume, By Fingerprint Recognition, 2021 - 2031F |
6.2.3 Cyprus Smart Door Locks Market Revenues & Volume, By Facial Recognition, 2021 - 2031F |
6.2.4 Cyprus Smart Door Locks Market Revenues & Volume, By PIN & Keypad Entry, 2021 - 2031F |
6.2.5 Cyprus Smart Door Locks Market Revenues & Volume, By Biometric Multi-Layered, 2021 - 2031F |
6.2.6 Cyprus Smart Door Locks Market Revenues & Volume, By RFID Card Entry, 2021 - 2031F |
6.3 Cyprus Smart Door Locks Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Smart Door Locks Market Revenues & Volume, By Wi-Fi Enabled, 2021 - 2031F |
6.3.3 Cyprus Smart Door Locks Market Revenues & Volume, By Bluetooth Connected, 2021 - 2031F |
6.3.4 Cyprus Smart Door Locks Market Revenues & Volume, By NFC Enabled, 2021 - 2031F |
6.3.5 Cyprus Smart Door Locks Market Revenues & Volume, By Z-Wave Connectivity, 2021 - 2031F |
6.3.6 Cyprus Smart Door Locks Market Revenues & Volume, By IoT-Integrated, 2021 - 2031F |
6.4 Cyprus Smart Door Locks Market, By Power Source |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Smart Door Locks Market Revenues & Volume, By Battery Powered, 2021 - 2031F |
6.4.3 Cyprus Smart Door Locks Market Revenues & Volume, By Wired, 2021 - 2031F |
6.4.4 Cyprus Smart Door Locks Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4.5 Cyprus Smart Door Locks Market Revenues & Volume, By Solar Powered, 2021 - 2031F |
6.4.6 Cyprus Smart Door Locks Market Revenues & Volume, By Smart Grid Powered, 2021 - 2031F |
6.5 Cyprus Smart Door Locks Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Smart Door Locks Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.5.3 Cyprus Smart Door Locks Market Revenues & Volume, By Supers, 2021 - 2031F |
6.5.4 Cyprus Smart Door Locks Market Revenues & Volume, By Electronics Stores, 2021 - 2031F |
6.5.5 Cyprus Smart Door Locks Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.5.6 Cyprus Smart Door Locks Market Revenues & Volume, By Hypers, 2021 - 2031F |
7 Cyprus Smart Door Locks Market Import-Export Trade Statistics |
7.1 Cyprus Smart Door Locks Market Export to Major Countries |
7.2 Cyprus Smart Door Locks Market Imports from Major Countries |
8 Cyprus Smart Door Locks Market Key Performance Indicators |
9 Cyprus Smart Door Locks Market - Opportunity Assessment |
9.1 Cyprus Smart Door Locks Market Opportunity Assessment, By Lock Type, 2021 & 2031F |
9.2 Cyprus Smart Door Locks Market Opportunity Assessment, By Authentication Type, 2021 & 2031F |
9.3 Cyprus Smart Door Locks Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.4 Cyprus Smart Door Locks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.5 Cyprus Smart Door Locks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Smart Door Locks Market - Competitive Landscape |
10.1 Cyprus Smart Door Locks Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Smart Door 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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