| Product Code: ETC323548 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Indonesia electronic locks market is projected to reach USD 583.3 million by 2031, growing at a CAGR of 8.1% during the forecast period. Increasing use of smart and efficient security solutions in residential and commercial buildings has fueled the growth of this market in recent years. Furthermore, increasing safety concerns among customers have led them to invest more in advanced electronic locking systems for their properties and offices, which has further propelled the growth of the market. The demand for innovative products such as biometric based locking system, RFID based access control system & card readers are expected to create huge opportunities for players operating in this industry over the coming years.
The Indonesia Electronics Locks market is influenced by advancements in smart home technology and security solutions. With a rising awareness of home security and the convenience of remote access, electronic locks offer enhanced features like keyless entry and remote control, driving their adoption among residential and commercial customers.
The Indonesia Electronic Locks market encounters challenges related to consumer awareness and acceptance of electronic security solutions. While electronic locks offer convenience and enhanced security features, there might be resistance from traditional lock users. Cybersecurity concerns, such as potential hacking vulnerabilities, can also impact market growth. Building trust in the reliability and data protection aspects of electronic locks is crucial for market expansion.
The Indonesia Electronic Locks market experienced a shift in consumer behavior during the pandemic. With increased emphasis on contactless solutions, demand for electronic locks, which offer enhanced security and convenience, grew. Residential and commercial sectors both showed interest in these products. The market is expected to continue its growth trajectory as the importance of touchless access remains prominent.
The Indonesia Electronics Locks market has gained traction with the rise of smart home technology. Key players in this market include manufacturers of electronic locking systems and security solutions. Companies like PT. Tesa Toto Indonesia and PT. Abadi Barindo Autotech provide electronic locks and access control solutions for residential, commercial, and industrial applications.
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 Indonesia Electronics Locks Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Electronics Locks Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Electronics Locks Market - Industry Life Cycle |
3.4 Indonesia Electronics Locks Market - Porter's Five Forces |
3.5 Indonesia Electronics Locks Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Electronics Locks Market Revenues & Volume Share, By Interconnectivity, 2021 & 2031F |
3.7 Indonesia Electronics Locks Market Revenues & Volume Share, By Authentication Method, 2021 & 2031F |
3.8 Indonesia Electronics Locks Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Indonesia Electronics Locks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart home technologies and IoT devices |
4.2.2 Growing awareness about security concerns and need for advanced locking systems |
4.2.3 Rise in urbanization and construction activities leading to higher adoption of electronic locks |
4.3 Market Restraints |
4.3.1 High initial costs associated with electronic locks |
4.3.2 Concerns regarding cybersecurity and data privacy issues with smart lock technologies |
5 Indonesia Electronics Locks Market Trends |
6 Indonesia Electronics Locks Market, By Types |
6.1 Indonesia Electronics Locks Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Electronics Locks Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Indonesia Electronics Locks Market Revenues & Volume, By Electromagnetic Locks, 2021-2031F |
6.1.4 Indonesia Electronics Locks Market Revenues & Volume, By Electronic Strikes, 2021-2031F |
6.1.5 Indonesia Electronics Locks Market Revenues & Volume, By Electronic Deadbolts and Latches, 2021-2031F |
6.2 Indonesia Electronics Locks Market, By Interconnectivity |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Electronics Locks Market Revenues & Volume, By Wired, 2021-2031F |
6.2.3 Indonesia Electronics Locks Market Revenues & Volume, By Wireless, 2021-2031F |
6.3 Indonesia Electronics Locks Market, By Authentication Method |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Electronics Locks Market Revenues & Volume, By Numerical Codes and Passwords, 2021-2031F |
6.3.3 Indonesia Electronics Locks Market Revenues & Volume, By Security Tokens, 2021-2031F |
6.3.4 Indonesia Electronics Locks Market Revenues & Volume, By Biometrics, 2021-2031F |
6.4 Indonesia Electronics Locks Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Electronics Locks Market Revenues & Volume, By Residential Sector, 2021-2031F |
6.4.3 Indonesia Electronics Locks Market Revenues & Volume, By Commercial Sector, 2021-2031F |
6.4.4 Indonesia Electronics Locks Market Revenues & Volume, By Automotive Sector, 2021-2031F |
7 Indonesia Electronics Locks Market Import-Export Trade Statistics |
7.1 Indonesia Electronics Locks Market Export to Major Countries |
7.2 Indonesia Electronics Locks Market Imports from Major Countries |
8 Indonesia Electronics Locks Market Key Performance Indicators |
8.1 Number of new smart home installations in Indonesia |
8.2 Percentage increase in electronic lock sales compared to traditional lock sales |
8.3 Adoption rate of electronic locks in commercial buildings and residential complexes |
8.4 Number of cybersecurity breaches or incidents related to electronic locks |
8.5 Customer satisfaction ratings and reviews for electronic lock products |
9 Indonesia Electronics Locks Market - Opportunity Assessment |
9.1 Indonesia Electronics Locks Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Electronics Locks Market Opportunity Assessment, By Interconnectivity, 2021 & 2031F |
9.3 Indonesia Electronics Locks Market Opportunity Assessment, By Authentication Method, 2021 & 2031F |
9.4 Indonesia Electronics Locks Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Indonesia Electronics Locks Market - Competitive Landscape |
10.1 Indonesia Electronics Locks Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Electronics Locks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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