Australia Smart Lock Market Size & Outlook, 2025-2033
Australia Smart Lock Market Insights
- According to Deep Market Insights analysis, the Australia Smart Lock Market size was USD 47 Million in 2024 and is projected to reach USD 174.86 Million by 2033.
- The Australia market is projected to grow at a CAGR of 15.8% between 2025 and 2033.
- By segment, Deadbolt replacements emerged as the largest Lock type in terms of market size in 2024.
- Retrofit kits is anticipated to remain the most attractive Lock type segment, recording the fastest growth during the forecast period.
![Australia Smart Lock Market Share & Growth Report By [2033]](https://deepmarketinsights.com/uploads/charts/australia-smart-lock-market-australia-lock-type-12152.png)
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- Australia contributed 1.57% to the global Smart Lock Market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for Smart Lock Market.
- In Asia Pacific, China is projected to capture the leading share of market size by 2033.
- Among Asia Pacific markets, Korea is expected to post the fastest growth, reaching USD 180.13 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 47 Million |
| Market Size In 2033 | USD 174.86 Million |
| Largest segment | Deadbolt replacements |
| Units | Revenue in USD Million |
| CAGR | 15.8% (2025-2033) |
| Segmnetation Covered | |
| Lock type |
|
| Connectivity |
|
| End-user |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Smart Lock Market Lock type 2025-2033 (USD Million)
| Lock type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deadbolt replacements | XX.x | XX.x | XX.x | 18.98 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Mortise/lever smart locks | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Padlocks | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Retrofit kits | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Australia Smart Lock Market Connectivity 2025-2033 (USD Million)
| Connectivity | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bluetooth | XX.x | XX.x | XX.x | 21.15 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Bluetooth+Wi-Fi bridge | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Z-Wave/Zigbee | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Australia Smart Lock Market End-user 2025-2033 (USD Million)
| End-user | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Residential | XX.x | XX.x | XX.x | 23.13 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Commercial | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| MDUs | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.