Europe Smart Lock Market Size & Outlook, 2025-2033


Europe Smart Lock Market Insights

  • According to Deep Market Insights analysis, the Europe Smart Lock Market size stood at USD 662.1 Million in 2024 and is forecasted to reach USD 2571.53 Million by 2033.
  • The market is projected to grow at a CAGR of 16.23% between 2025 and 2033.
  • By segment, Deadbolt replacements was the leading Lock type in terms of market size in 2024.
  • Deadbolt replacements is expected to be the most lucrative Lock type segment, exhibiting the fastest growth throughout the forecast period.

Other Key Findings


  • Europe represented 22.07% of the global Smart Lock Market size in 2024.
  • By 2033, United States is estimated to hold the largest position in the global market in terms of size.
  • Russia is estimated to remain the fastest-growing market in Europe, advancing to USD 218.12 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 662.1 Million
Market Size In 2033 USD 2571.53 Million
Largest segment Deadbolt replacements
Units Revenue in USD Million
CAGR 16.23% (2025-2033)
Segmnetation Covered
Europe
  1. Germany
  2. United Kingdom
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Nordic
  8. Benelux
Lock type
  1. Deadbolt replacements
  2. Mortise/lever smart locks
  3. Padlocks
  4. Retrofit kits
Connectivity
  1. Bluetooth
  2. Bluetooth+Wi-Fi bridge
  3. Z-Wave/Zigbee
End-user
  1. Residential
  2. Commercial
  3. MDUs
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends