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Report Overview

The global RFID locks market attained a value of USD 5.91 Billion in 2025. The market is further expected to grow in the forecast period of 2026-2035 at a CAGR of 19.40% to reach USD 34.80 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Key Industry Players in the Global RFID Locks Market

The report presents a detailed analysis of the following key players in the global RFID locks market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Assa Abloy AB
  • Samsung Electronics Co. Ltd.
  • dormakaba Group
  • Godrej & Boyce Mfg. Co. Ltd 
  • MIWA Lock Co.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

RFID Locks Market Report Snapshots

RFID Locks Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

In 2025, the global market attained a value of nearly USD 5.91 Billion.

The market is projected to grow at a CAGR of 19.40% between 2026 and 2035.

The major market drivers include the rapid adoption of smartphones, the surging use of RFID locks in the hospitality sector, and the growing integration of latest technologies in RFID locks.

The key trends propelling the market growth are the growing adoption of RFID locks in workplaces, the usage of advanced security devices in the commercial and government sectors, and the rising awareness regarding social distancing and personal hygiene. 

The major regions in the market are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific.

The various access devices considered in the market report are key cards, mobile phones, and wearables.

Residential, hospitality, automotive, government, retail, and BFSI, among others, are the several end uses of RFID locks.

The major players in the market are Assa Abloy AB, Samsung Electronics Co. Ltd., dormakaba Group, Godrej & Boyce Mfg. Co. Ltd, and MIWA Lock Co., among others.

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