| Product Code: ETC5320047 | Publication Date: Nov 2023 | Updated Date: Nov 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, Ireland continued to see a steady inflow of smart lock imports, with top exporters being the UK, China, Israel, Italy, and Spain. Despite the high Herfindahl-Hirschman Index indicating market concentration, the industry maintained a robust compound annual growth rate (CAGR) of 20.12% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -0.45%. This data suggests a stable market with continued interest in smart lock technology, albeit with potentially shifting dynamics among key exporting countries.

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 Ireland Smart Locks Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Smart Locks Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Smart Locks Market - Industry Life Cycle |
3.4 Ireland Smart Locks Market - Porter's Five Forces |
3.5 Ireland Smart Locks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Ireland Smart Locks Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Ireland Smart Locks Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Ireland Smart Locks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart home technologies in Ireland |
4.2.2 Growing concerns about home security and convenience |
4.2.3 Government initiatives promoting energy efficiency and smart technologies |
4.3 Market Restraints |
4.3.1 High initial cost of smart locks compared to traditional locks |
4.3.2 Concerns about data privacy and security risks associated with smart locks |
4.3.3 Limited awareness and understanding of smart lock technology among consumers |
5 Ireland Smart Locks Market Trends |
6 Ireland Smart Locks Market Segmentations |
6.1 Ireland Smart Locks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Ireland Smart Locks Market Revenues & Volume, By Deadbolts, 2021-2031F |
6.1.3 Ireland Smart Locks Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.4 Ireland Smart Locks Market Revenues & Volume, By Padlocks, 2021-2031F |
6.1.5 Ireland Smart Locks Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Smart Locks Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Ireland Smart Locks Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.3 Ireland Smart Locks Market Revenues & Volume, By Wi-Fi, 2021-2031F |
6.3 Ireland Smart Locks Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Ireland Smart Locks Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Ireland Smart Locks Market Revenues & Volume, By Commercial, 2021-2031F |
7 Ireland Smart Locks Market Import-Export Trade Statistics |
7.1 Ireland Smart Locks Market Export to Major Countries |
7.2 Ireland Smart Locks Market Imports from Major Countries |
8 Ireland Smart Locks Market Key Performance Indicators |
8.1 Number of new smart home installations in Ireland |
8.2 Number of partnerships between smart lock manufacturers and home builders in Ireland |
8.3 Percentage of households using smart locks in urban areas of Ireland |
8.4 Rate of growth in the number of smart lock app downloads |
8.5 Number of reported security breaches or incidents related to smart locks in Ireland |
9 Ireland Smart Locks Market - Opportunity Assessment |
9.1 Ireland Smart Locks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Ireland Smart Locks Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Ireland Smart Locks Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Ireland Smart Locks Market - Competitive Landscape |
10.1 Ireland Smart Locks Market Revenue Share, By Companies, 2024 |
10.2 Ireland Smart 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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