| Product Code: ETC5602365 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Denmark continued to import smart locks mainly from Germany, Finland, Sweden, Austria, and China. The market concentration, as measured by the HHI, remained moderate, indicating a competitive landscape. However, the industry experienced a decline in CAGR from 2020-24 at -8.27%, with a sharper decrease in growth rate from 2023-24 at -21.87%. These trends suggest a challenging environment for smart lock imports in Denmark, potentially influenced by various factors impacting the market dynamics. Adaptation and strategic initiatives may be necessary for stakeholders to navigate the changing landscape effectively.

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 Denmark Smart Lock Market Overview |
3.1 Denmark Country Macro Economic Indicators |
3.2 Denmark Smart Lock Market Revenues & Volume, 2021 & 2031F |
3.3 Denmark Smart Lock Market - Industry Life Cycle |
3.4 Denmark Smart Lock Market - Porter's Five Forces |
3.5 Denmark Smart Lock Market Revenues & Volume Share, By Lock Type , 2021 & 2031F |
3.6 Denmark Smart Lock Market Revenues & Volume Share, By Communication Protocol , 2021 & 2031F |
3.7 Denmark Smart Lock Market Revenues & Volume Share, By Unlocking Mechanism , 2021 & 2031F |
3.8 Denmark Smart Lock Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Denmark Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart home solutions in Denmark |
4.2.2 Growing emphasis on home security and convenience |
4.2.3 Technological advancements in IoT and connectivity solutions |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart lock installation |
4.3.2 Concerns over data privacy and security |
4.3.3 Limited awareness and adoption of smart lock technology in Denmark |
5 Denmark Smart Lock Market Trends |
6 Denmark Smart Lock Market Segmentations |
6.1 Denmark Smart Lock Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Denmark Smart Lock Market Revenues & Volume, By Deadbolt Locks, 2021-2031F |
6.1.3 Denmark Smart Lock Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.4 Denmark Smart Lock Market Revenues & Volume, By Server locks & Latches, 2021-2031F |
6.1.5 Denmark Smart Lock Market Revenues & Volume, By Knob Locks, 2021-2031F |
6.1.6 Denmark Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.2 Denmark Smart Lock Market, By Communication Protocol |
6.2.1 Overview and Analysis |
6.2.2 Denmark Smart Lock Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.3 Denmark Smart Lock Market Revenues & Volume, By WiFi, 2021-2031F |
6.2.4 Denmark Smart Lock Market Revenues & Volume, By Z-Wave, 2021-2031F |
6.2.5 Denmark Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.3 Denmark Smart Lock Market, By Unlocking Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Denmark Smart Lock Market Revenues & Volume, By Keypad, 2021-2031F |
6.3.3 Denmark Smart Lock Market Revenues & Volume, By Card Key, 2021-2031F |
6.3.4 Denmark Smart Lock Market Revenues & Volume, By Touch Based, 2021-2031F |
6.3.5 Denmark Smart Lock Market Revenues & Volume, By Key Fob, 2021-2031F |
6.3.6 Denmark Smart Lock Market Revenues & Volume, By Smartphone Based, 2021-2031F |
6.4 Denmark Smart Lock Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Denmark Smart Lock Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Denmark Smart Lock Market Revenues & Volume, By Residential, 2021-2031F |
6.4.4 Denmark Smart Lock Market Revenues & Volume, By Institutional & Government, 2021-2031F |
6.4.5 Denmark Smart Lock Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Denmark Smart Lock Market Revenues & Volume, By Transportation & Logistic, 2021-2031F |
7 Denmark Smart Lock Market Import-Export Trade Statistics |
7.1 Denmark Smart Lock Market Export to Major Countries |
7.2 Denmark Smart Lock Market Imports from Major Countries |
8 Denmark Smart Lock Market Key Performance Indicators |
8.1 Number of new smart lock installations in residential properties |
8.2 Percentage increase in smart lock penetration in the Danish market |
8.3 Average time spent on research and education about smart lock technology by consumers |
9 Denmark Smart Lock Market - Opportunity Assessment |
9.1 Denmark Smart Lock Market Opportunity Assessment, By Lock Type , 2021 & 2031F |
9.2 Denmark Smart Lock Market Opportunity Assessment, By Communication Protocol , 2021 & 2031F |
9.3 Denmark Smart Lock Market Opportunity Assessment, By Unlocking Mechanism , 2021 & 2031F |
9.4 Denmark Smart Lock Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Denmark Smart Lock Market - Competitive Landscape |
10.1 Denmark Smart Lock Market Revenue Share, By Companies, 2024 |
10.2 Denmark Smart Lock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |