| Product Code: ETC7541453 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s deadbolt smart lock import market in 2024 saw significant contributions from top exporting countries such as China, USA, Mexico, Germany, and Vietnam. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a notable Compound Annual Growth Rate (CAGR) of 19.42% from 2020 to 2024, the industry experienced a healthy growth rate of 6.91% from 2023 to 2024. This data suggests a strong demand for smart lock technology in India, with key players from various countries vying for a share in this growing market.

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 India Deadbolt Smart Lock Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Deadbolt Smart Lock Market Revenues & Volume, 2021 & 2031F |
3.3 India Deadbolt Smart Lock Market - Industry Life Cycle |
3.4 India Deadbolt Smart Lock Market - Porter's Five Forces |
3.5 India Deadbolt Smart Lock Market Revenues & Volume Share, By Communication Protocol, 2021 & 2031F |
3.6 India Deadbolt Smart Lock Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Deadbolt Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about home security and smart home technology |
4.2.2 Rising disposable income and urbanization in India |
4.2.3 Growing trend of IoT (Internet of Things) devices in households |
4.2.4 Government initiatives promoting smart cities and digital solutions |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart lock installation |
4.3.2 Concerns about cybersecurity and data privacy |
4.3.3 Limited compatibility with existing door structures and designs |
4.3.4 Lack of awareness and understanding among consumers about smart lock benefits |
5 India Deadbolt Smart Lock Market Trends |
6 India Deadbolt Smart Lock Market, By Types |
6.1 India Deadbolt Smart Lock Market, By Communication Protocol |
6.1.1 Overview and Analysis |
6.1.2 India Deadbolt Smart Lock Market Revenues & Volume, By Communication Protocol, 2021- 2031F |
6.1.3 India Deadbolt Smart Lock Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.1.4 India Deadbolt Smart Lock Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.1.5 India Deadbolt Smart Lock Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Deadbolt Smart Lock Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 India Deadbolt Smart Lock Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 India Deadbolt Smart Lock Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.4 India Deadbolt Smart Lock Market Revenues & Volume, By Institution and Government, 2021- 2031F |
6.2.5 India Deadbolt Smart Lock Market Revenues & Volume, By Industrial, 2021- 2031F |
7 India Deadbolt Smart Lock Market Import-Export Trade Statistics |
7.1 India Deadbolt Smart Lock Market Export to Major Countries |
7.2 India Deadbolt Smart Lock Market Imports from Major Countries |
8 India Deadbolt Smart Lock Market Key Performance Indicators |
8.1 Adoption rate of smart home devices in urban areas |
8.2 Number of new residential construction projects integrating smart home technology |
8.3 Percentage of households using mobile apps for home security control |
8.4 Rate of technological advancements and features in smart lock products |
8.5 Customer satisfaction and retention rates for smart lock brands |
9 India Deadbolt Smart Lock Market - Opportunity Assessment |
9.1 India Deadbolt Smart Lock Market Opportunity Assessment, By Communication Protocol, 2021 & 2031F |
9.2 India Deadbolt Smart Lock Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Deadbolt Smart Lock Market - Competitive Landscape |
10.1 India Deadbolt Smart Lock Market Revenue Share, By Companies, 2024 |
10.2 India Deadbolt Smart Lock 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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