| Product Code: ETC7368570 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s digital door lock systems import market continues to see strong growth, with key exporting countries like USA, Canada, Trinidad and Tobago, China, and Hong Kong leading the way in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, offering challenges and opportunities for stakeholders. With a solid Compound Annual Growth Rate (CAGR) of 9.48% from 2020 to 2024 and an impressive growth rate of 10.28% in 2023-24, the market is poised for further expansion and innovation in the coming years.
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 Grenada Digital Door Lock Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Digital Door Lock Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Digital Door Lock Systems Market - Industry Life Cycle |
3.4 Grenada Digital Door Lock Systems Market - Porter's Five Forces |
3.5 Grenada Digital Door Lock Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Digital Door Lock Systems Market Revenues & Volume Share, By Access Type, 2021 & 2031F |
3.7 Grenada Digital Door Lock Systems Market Revenues & Volume Share, By Connecting Technology, 2021 & 2031F |
3.8 Grenada Digital Door Lock Systems Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Digital Door Lock Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing concern for home security and safety |
4.2.2 Growing adoption of smart home technologies |
4.2.3 Rising preference for keyless entry systems |
4.3 Market Restraints |
4.3.1 High initial cost of digital door lock systems |
4.3.2 Concerns regarding cybersecurity and data privacy |
4.3.3 Limited awareness and education about the benefits of digital door lock systems |
5 Grenada Digital Door Lock Systems Market Trends |
6 Grenada Digital Door Lock Systems Market, By Types |
6.1 Grenada Digital Door Lock Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Digital Door Lock Systems Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Digital Door Lock Systems Market Revenues & Volume, By Deadbolt, 2021- 2031F |
6.1.4 Grenada Digital Door Lock Systems Market Revenues & Volume, By Lever Handle, 2021- 2031F |
6.1.5 Grenada Digital Door Lock Systems Market Revenues & Volume, By Padlock, 2021- 2031F |
6.1.6 Grenada Digital Door Lock Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Digital Door Lock Systems Market, By Access Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Digital Door Lock Systems Market Revenues & Volume, By Biometric, 2021- 2031F |
6.2.3 Grenada Digital Door Lock Systems Market Revenues & Volume, By Smart Card, 2021- 2031F |
6.2.4 Grenada Digital Door Lock Systems Market Revenues & Volume, By Electric Strike, 2021- 2031F |
6.2.5 Grenada Digital Door Lock Systems Market Revenues & Volume, By Magnetic Strike, 2021- 2031F |
6.2.6 Grenada Digital Door Lock Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Digital Door Lock Systems Market, By Connecting Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Digital Door Lock Systems Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.3.3 Grenada Digital Door Lock Systems Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.3.4 Grenada Digital Door Lock Systems Market Revenues & Volume, By Zigbee, 2021- 2031F |
6.3.5 Grenada Digital Door Lock Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Digital Door Lock Systems Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Digital Door Lock Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.3 Grenada Digital Door Lock Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Grenada Digital Door Lock Systems Market Revenues & Volume, By Government, 2021- 2031F |
6.4.5 Grenada Digital Door Lock Systems Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Digital Door Lock Systems Market Import-Export Trade Statistics |
7.1 Grenada Digital Door Lock Systems Market Export to Major Countries |
7.2 Grenada Digital Door Lock Systems Market Imports from Major Countries |
8 Grenada Digital Door Lock Systems Market Key Performance Indicators |
8.1 Number of households adopting smart home technologies |
8.2 Percentage of home break-ins and thefts in Grenada |
8.3 Number of digital door lock system installations in residential buildings |
8.4 Rate of technological advancements in digital door lock systems |
8.5 Customer satisfaction and retention rates for digital door lock system providers |
9 Grenada Digital Door Lock Systems Market - Opportunity Assessment |
9.1 Grenada Digital Door Lock Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Digital Door Lock Systems Market Opportunity Assessment, By Access Type, 2021 & 2031F |
9.3 Grenada Digital Door Lock Systems Market Opportunity Assessment, By Connecting Technology, 2021 & 2031F |
9.4 Grenada Digital Door Lock Systems Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Digital Door Lock Systems Market - Competitive Landscape |
10.1 Grenada Digital Door Lock Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Digital Door Lock Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |