Europe Electronic Home Locks Market Size & Outlook

The electronic home locks market in Europe is expected to reach a projected revenue of US$ 1,601.9 million by 2033. A compound annual growth rate of 7.5% is expected of Europe electronic home locks market from 2026 to 2033.
Revenue, 2025 (US$M)
$898.4
Forecast, 2033 (US$M)
$1,601.9
CAGR, 2026 - 2033
7.5%
Report Coverage
Europe

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Europe electronic home locks market, 2021-2033 (US$M)

Europe electronic home locks market, 2021-2033 (US$M)

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Europe electronic home locks market highlights

  • The Europe electronic home locks market generated a revenue of USD 898.4 million in 2025.
  • The market is expected to grow at a CAGR of 7.5% from 2026 to 2033.
  • In terms of segment, biometrics was the largest revenue generating product in 2025.
  • Biometrics is the most lucrative product segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2025USD 898.4 million
Market revenue in 2033USD 1,601.9 million
Growth rate7.5% (CAGR from 2026 to 2033)
Largest segmentBiometrics
Fastest growing segmentBiometrics
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationBiometrics


Other key industry trends

  • In terms of revenue, Europe region accounted for 23.4% of the global electronic home locks market in 2025.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,506.1 million by 2033.

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Electronic Home Locks Market Companies

Name Profile # Employees HQ Website
MiWay View profile 1001-5000 Centurion, NA - South Africa, South Africa, Africa https://www.miway.co.za
SALTO Systems View profile 251-500 San Sebastian, Pais Vasco, Spain, Europe http://www.saltosystems.com/en
Dormakaba View profile 10001+ Indianapolis, Indiana, United States, North America https://www.dormakaba.com/us-en
Master Lock Company View profile 5001-10000 Oak Creek, Wisconsin, United States, North America http://masterlock.com
Vivint View profile 10001+ Provo, Utah, United States, North America http://www.vivint.com
Allegion PLC View profile 12400 Harcourt Road, Iveagh Court, Block D, Dublin 2, Ireland, D02 VH94 https://www.allegion.com
Godrej View profile 10001+ Mumbai, Maharashtra, India, Asia https://www.godrej.com
Spectrum Brands Holdings Inc View profile 3100 3001 Deming Way, Middleton, WI, United States, 53562 https://www.spectrumbrands.com
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com

Europe electronic home locks market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electronic home locks market will help companies and investors design strategic landscapes.


Biometrics was the largest segment with a revenue share of 107.58% in 2025. Horizon Databook has segmented the Europe electronic home locks market based on biometrics covering the revenue growth of each sub-segment from 2021 to 2033.


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  • Our clientele includes a mix of electronic home locks market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electronic home locks market , including forecasts for subscribers. This continent databook contains high-level insights into Europe electronic home locks market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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