Top 16 Smart Lock Companies in the World

In 2023, the global smart lock market will reach US$1.9 billion. A smart lock is an electromechanical system that performs locking and unlocking functions upon receiving commands from an authorized source. It uses encryption keys to grant users access for a period of time. These commands are typically transmitted via a wearable device, smartphone, or tablet using Wi-Fi or Bluetooth. It also offers other features such as notifications via SMS and email, and a camera with recording capabilities to provide visuals of people at the door. Due to these properties, smart locks are widely adopted in commercial and residential sectors across the world.

According to our analysis, top smart lock companies are integrating advanced technologies such as cloud-based locking and unlocking to enable users to access these locks remotely through virtual devices. They also launched a smart lock with an embedded three-dimensional (3D) biometric fingerprint sensor and built-in Wi-Fi functionality that is also compatible with Alexa and Google Assistant.

For example, August Inc. (ASSA ABLOY) announced the launch in January 2020 of a Wi-Fi smart lock, which has a compact design and built-in Wi-Fi connectivity, eliminating the need to pair the smart lock with an external bridge. Additionally, various key players also invest in research and development (R&D) activities and engage in mergers and acquisitions (M&As) to strengthen their foothold in the global market. Looking forward, IMARC Group expects the market value to reach US$5.41 billion by 2028, growing at a CAGR of 19.8% during the forecast period (2023-2028).

In today’s guide, we will next introduce you to the top 16 companies in the smart lock industry. Read on to learn more.

1. The List of the Top 16 Smart Lock Companies in the World

Below is a list of the top 16 smart lock companies and manufacturers in the world.

2. Top 16 Smart Lock Companies

Below is the detailed information about the 16 companies.

Top 1: ASSA Abloy AB

ASSA ABLOY was founded in 1994 from the merger of two independent companies, ASSA and Abloy. The company currently provides products and services related to locks, doors, gates, and entrance automation. It manufactures mechanical and electromechanical locks, digital door locks, lock cylinders, door accessories, door frames, access control equipment, fire doors, and hardware products.

For companies, government and state agencies, healthcare, education, and financial industries, it provides identity solutions such as identity and access management, biometrics, authenticity and brand protection products, contactless RFID tags and transponders, and government IDs. Currently, Assa Abloy operates in 70 countries and sells its products under the following brands:

• Assa Abloy
• Yale University
• HID

Founded: 1994

Headquarters: Stockholm, Sweden

Website: https://www.assaabloy.com/

Products:

• Smart locks
• Keyless systems
• Door lock access systems

Top 2: Allegion Plc

Allegion Plc is a well-known supplier of security products for homes and businesses. It offers door closers, controls, egress devices, portable locks, key systems and services, electronic security products, access control systems, time, attendance, workforce productivity systems, and other accessories.

The company sells its products and solutions to end users in institutional, commercial, and residential facilities, including education, healthcare, government, hospitality, commercial office, and single-family and multi-family residential markets. The company also owns several brands, including:

• CISA
• interflex
• LCN
• Schrager
• Simmons Voss
• Von Duplin

Founded: 1908

Headquarters: Dublin, Ireland

Website: https://www.allegion.com/

Products:

• Electronic locks
• Mechanical locks
• Portable security

Top 3: DormaKaba Holding AG

Dormakaba Holding AG is a global security group formed in 2015 through the merger of Dorma and Kaba companies. It operates through five segments, namely Access Solutions AMER, Access Solutions APAC, Access Solutions DACH, Access Solutions EMEA, and Key and Wall Solutions.

The company offers door hardware products such as door closer systems, door locks, escape route systems, and entrance systems for hotels, shops, sports venues, airports, hospitals, homes, and offices. Currently, Dormakaba has approximately 15,000 employees in more than 50 countries around the world.

Year of establishment: 2015

Headquarters: Rumlan, Switzerland

Website: https://www.dormakabagroup.com/

Products:

• Door Hardware
• Electronic Access & Data
• Entrance Systems
• Interior Glass Systems
• Lodging Systems
• Mechanical Key Systems
• Safe Locks
• Movable Walls

Top 4: iLockey

Founded in 2008 in Shenzhen, China, iLockey has focused on wholesale smart door locks for more than 15 years and is China’s leading smart lock company. iLockey can provide one-stop smart lock solutions for public areas, private residential smart access control, traditional hotels, B&Bs, short-term rentals, and other places. Their products include smart door locks, digital hotel locks, smart cabinet locks, and lock accessories.

All our smart locks strictly comply with CE, SGS, and European fire test standards. Especially the hotel lock system, since it is integrated into Opera PMS, you can easily win high-end hotel projects. iLockey’s smart locks have been widely used in Technogym, IHS Hotel & Resort, Haogan Fitness, Huawei Talent Apartment, and many other brand companies. If you are looking for a Chinese custom smart door lock manufacturer or have limited experience in how to customize your lock system, iLocky will be your best choice.

Year of establishment: 2008

Headquarters: Shenzhen, China

Website: https://www.ilockey.com/

Products:

• Hotel Door Locks
• Smart Door Locks
• Keyless Cabinet Locks
• Lock Accessories

Top 5: Spectrum Brands Holdings, Inc.

Spectrum Brands Holdings, Inc., formerly known as Rayovac, is a global branded consumer products company. The company manufactures and sells various brands of home appliances, including Black & Decker, Remington, George Foreman, and Russell Hobbs. In the hardware and home improvement segment, the company offers residential locks, hardware, and plumbing products. In addition to retail outlets, e-commerce retailers, wholesalers, and distributors, the company sells its products online.

Founded: 1906

Headquarters: Wisconsin, USA

Website: https://spectrumbrands.com/

Products:

• Home & Personal Care
• Global Pet Care
• Home & Garden
• Hardware & Home Improvement

Top 6: Salto Systems SL

Salto Systems manufactures and distributes security products. The company develops and sells access control platforms, electronic lock solutions, and related software products. Since its inception, Salto has been the first to anticipate market needs in rapidly evolving markets, redefining the world of access control. Currently, it offers electronic locks, energy-saving devices, locker locks, access controllers, and electronic lock cylinders.

The company has 40 offices and 28 subsidiaries. It also employs 1,200 employees and 220 professionals dedicated to designing and developing new technologies for access control and infrastructure management.

Founded: 2001

Headquarters: Gipps, Spain

Website: https://saltosystems.com/

Products:

• Electronic Locks
• Electronic Cylinders
• Locker Locks
• Electronic Padlocks
• Wall Readers
• Access Controllers
• Door Intercom Systems
• Motorized Locks
• Panic Bars & Emergency Exit Devices
• Mortise Locks
• Cylindrical Latch Locks
• Energy-Saving Devices
• Peripherals
• Credentials

Top 7: Onity, Inc.

One of the world’s leading manufacturers of electronic locking systems is Onity, Inc.  The company began as a lock manufacturer and is now a leading global supplier of electronic locking systems to multiple industries. The company’s growing facility management product portfolio includes energy management systems, electronic in-room safes, electronic lock solutions, and mobile key solutions.

It serves clients in the hotel, vacation rental, corporate, education, government, and marine industries. The company has installed more than 4 million electronic locks worldwide and has customers in approximately 125 countries.

Founded: 1941

Headquarters: Oregon, USA

Website: https://www.onity.com/en/us/

Products:

• Mobile Access Solutions
• Electronic Locking Systems
• Electronic Cylinders
• Electronic In-Room Safes
• Passport™ Self-Storage Locks
• Front Desk Systems
• Energy Management Systems
• Minibars

Top 8: Cansec Systems Ltd.

Cansec Systems is a leading manufacturer specializing in the design and manufacture of innovative proximity, biometric, and keypad access control systems. It provides access control systems and access control peripherals to customers across Canada. It sells and markets its products through an expanding network of authorized dealers and distributors. In addition, the company recently launched its advanced product, Webster, which can support up to 8 doors without any additional software or subscription fees.

Founded: 1987

Headquarters: Ontario, Canada

Website: https://www.cansec.com/

Products:

• Access Control Systems
• Access Control Peripherals
• Credentials
• Software
• Enclosures

Top 9: Gantner Electronic GmbH

GANTNER is a leading manufacturer and developer of integrated NFC system solutions. It provides NFC/RFID technology-based solutions for health clubs, attractions, water parks, leisure facilities such as public pools and spas, as well as commercial, educational, and medical institutions. It also offers access control, electronic locks for lockers, cashless payments, and ticketing software. The company has been part of the Salto Group since 2020 and currently operates in more than 70 countries around the world.

Founded: 1982

Headquarters: Vorarlberg, Austria

Website: https://www.gantner.com/

Products:

• Smart Locker Systems
• Access Control Systems
• Cashless Payment Systems
• Time and Attendance Systems
• Cash Register Systems

Top 10: Master Lock Company LLC

Master Lock Company, an operating division of Fortune Brands Home & Security, Inc., is one of the leading manufacturers of padlocks, combination locks, safes, and related security products. It provides a wide range of innovative security solutions to consumer, commercial, and industrial end users. It offers backpack locks, bike locks, adjustable locking cables, built-in combination and built-in key locks, padlock accessories, and key replacement kits and tools.

The company also acquired Sentry Safe to leverage its global network, enter new market segments, increase the scale of its existing business, and gain access to innovation and channel expansion opportunities.

Founded: 1921

Headquarters: Wisconsin, USA

Website: https://www.masterlock.com/

Products:

• Padlocks
• Combination Locks
• Bluetooth & Electronic Locks
• Lock Boxes
• Safes
• Door Hardware
• Bike & Cable Locks
• U-Locks
• Accessories for Locks & Keys
• Locker Locks
• Luggage & Travel Locks
• Automotive & Towing Locks
• Marine & Outdoor Locks
• Lockout Tagout Devices
• Master Lock Vault Software

Top 11: MIWA Lock Co.

MIWA Lock Co. is one of Japan’s leading lock manufacturers. Since its founding, the company has grown to become Japan’s premier supplier of high-performance locks and security systems. Its diverse product portfolio includes electronic RFID locks, door control units, elevator readers, perimeter access control units, exit devices and safes, and cylinder locks. Currently, MIWA has more than 15,000 employees, global offices in Canada, Japan, and the United States, and an extensive customer base in more than 50 countries around the world.

Founded: 1945

Headquarters: Tokyo, Japan

Website: https://www.miwalock.com/

Products:

• Electronic Locking Systems
• Mechanical Locks and Cylinders
• Access Control Systems
• Digital Door Locks
• Locker Locks
• Elevator and Perimeter Access Control Units
• Front Desk Management Systems
• Lock Accessories and Hardware

Top 12: Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. is principally engaged in consumer electronics, information technology, mobile communications, and device solutions globally. It offers home appliances including smart locks, sound devices, smartphones, tablets, monitors, smart and LED signage, and medical equipment. It is also engaged in consulting, technology, cloud services, venture capital, enterprise automation solutions, connectivity services, network equipment installation and optimization services, and digital advertising platforms.

The company serves the retail, hospitality, financial, transportation, education, government, manufacturing, public safety, and healthcare industries and has more than 10,000 researchers and developers overseas.

Year of establishment: 1969

Headquarters: Suwon, South Korea

Website: https://www.samsung.com/

Products:

• Smart Home & IoT
• Smart Lock
• Mobile Devices
• etc.

Top 13: Amadas Inc.

Amadas Inc. provides integrated IoT solutions that address core market needs in security, convenience, and design. The company sells and markets smart lever locks made of stainless steel that can be easily installed on a variety of doors in homes, offices, and warehouses.

The company’s flagship products include touch locks, IoT locks, and jewelry lever locks, which feature built-in Bluetooth technology and can be accessed via smart devices using the Amadas mobile app. The company also won the 2015 Hyundai Engineering and Construction Technology Gold Award and the 2015 IT Convergence Entrepreneur Award from the Ministry of Trade, Industry, and Energy.

Year of establishment: 2014

Headquarters: Seoul, South Korea

Website: http://www.amadas.kr

Products:

• IoT locks
• Smart lever locks
• Touch locks

Top 14: Sentrilock, LLC

Sentrilock LLC manufactures and sells electronic lockbox systems for the real estate and property management industries. It is affiliated with the National Association of REALTORS (NAR), the largest trade association in the United States covering all aspects of the residential and commercial real estate industry.

The company recently launched a new production facility in Ohio, increasing its existing production capacity to 200,000 lockboxes per year.

Founded: 2002

Headquarters: Ohio, USA

Website: https://www.sentrilock.com

Products:

• Electronic Lockboxes
• Showing Services
• Temporary Access Solutions
• Property Management Tools
• Mobile Applications

Top 15: Avent Security

Avent is a professional smart door lock manufacturer focusing on fingerprint door locks, password door locks, radio frequency card hotel locks, and OEM services. With years of experience, the company has provided superior smart locks to thousands of homes and projects around the world.

Currently, Avent invests 15% of its annual profits in product development and launches five new smart door locks every year.

Year of establishment: 2013

Headquarters: Guangdong, China

Website: https://www.aventsecurity.com/

Products:

• Fingerprint Door Locks
• Password Door Locks
• RF Card Hotel Locks
• Smart Home Door Locks
• Bluetooth Door Locks

Top 16: Dessmann Schliessanlagen GmbH

DESSMANN is one of the leading companies in smart home and security. Its smart locks incorporate advanced technologies such as fingerprint algorithms, system security, related data storage, cloud computing, and artificial intelligence into smart locks to meet the diverse customer needs in different markets. The company currently has offices and facilities in many countries and provides digital locks in Indonesia, Singapore, China, Europe, and Latin America. However, it plans to expand its consumer base in Vietnam, Malaysia, and Thailand in the near future.

About IMARC Group:  IMARC Group is a leading market research and consulting firm providing management strategy and market research globally. The company has successfully completed multiple projects in the smart lock industry to help customers establish and expand their businesses.

Founded: 2008

Headquarters: Stuttgart, Germany

Website: http://dessmannlock.com/

Some of the company’s products include:

• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development

3. Conclusion

This guide summarizes 16 of the world’s leading smart door lock companies. I believe these will be very helpful when you are looking for smart door locks for your home, so compare these companies carefully. Then find the one that’s right for you.