Door Code Keypads Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.5 Billion by 2033, exhibiting a CAGR of 9.5% from 2026 to 2033.
South Korea's door code keypads market is experiencing significant growth, driven by technological advancements and increasing security demands across various sectors. The market is projected to sell over 3 million digital locks by 2027, reflecting a robust adoption rate in both residential and commercial applications.
Push-Pull Locks: Combining ease of use with advanced security features, these locks are gaining popularity in the South Korean market.
Mortise Locks: Known for their durability and strength, suitable for high-security requirements.
Pad Locks: Portable and versatile, used in various settings.
Biometric Integration: Incorporating fingerprint and facial recognition for enhanced security.
Manufacturers are integrating AI and machine learning to enable locks that adapt to user behavior, enhancing both security and user experience. For instance, Gateman's V100 model utilizes AI to learn and adjust to user patterns.
The demand for door code keypads spans multiple industries:
Residential: High urbanization rates and the government's push for smart homes have led to increased adoption in apartments and houses.
Commercial: Offices and retail spaces are implementing advanced locks for better access control.
Hospitality: Hotels in cities like Seoul and Busan are upgrading to digital locks for improved guest security and convenience.
Government and Defense: Enhanced security protocols necessitate the use of advanced locking mechanisms.
Additionally, the South Korean government's initiatives, such as tax benefits and subsidies for smart home installations, are propelling market growth. Compliance with regulations like the Information and Communications Network Act ensures that products meet stringent security standards.
Consumers are increasingly favoring locks that offer:
Smart Home Integration: Compatibility with devices like Alexa and Google Assistant.
Wireless Connectivity: Features like Wi-Fi and Bluetooth for remote access.
Sustainable Materials: Eco-friendly designs are becoming a priority.
Online Purchasing: A shift towards buying through online platforms due to convenience.
Companies like Samsung and LG are leading the way by offering aesthetically pleasing designs that do not compromise on security. The integration of sustainable materials and energy-efficient technologies is also becoming a standard in new product offerings.
In summary, the door code keypads market in South Korea is evolving rapidly, with a focus on technological innovation, compliance with security standards, and meeting the diverse needs of various industries.
Get an In-Depth Research Analysis of the South Korea Door Code Keypads Market Size And Forecast [2025-2032]
2N Telekomunikace
Novoferm
RISCO Group
SOMFY
Tador Technologies
Vauban Systems
Baran Advanced Technologies
CDVI
Dom Sicherheitstechnik
Matz Erreka
FERMAX
SKS-Kinkel
Videx Electronics
Kwikset
Ekey Biometric
Avent Security
Essex Electronics
Schlage
Yale
Visionis
BrogLocks
Code Locks
Nuki
Nortek (Linear Solutions)
Shenzhen SRN Technology Co.
Ltd
Shenzhen Sinovo
AIPHONE
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Door Code Keypads Market
Numeric Keypads
Bluetooth Enabled Keypads
Biometric Keypads
Smart Keypads
Mechanical Keypads
Wired Keypads
Wireless Keypads
Remote Access Keypads
Geofencing Technology
Integrated Systems
Residential
Commercial
Industrial
Institutional
Automotive
Weather-Resistant
Backlit Keypads
Alarm System Integration
Multiple User Access
Customizable Codes
Online Retailers
Direct Sales
Specialty Stores
Wholesale Distributors
Home Improvement Stores
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Door Code Keypads Market Research Analysis
1. Introduction of the South Korea Door Code Keypads Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Door Code Keypads Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Door Code Keypads Market, By Type
6. South Korea Door Code Keypads Market, By Application
7. South Korea Door Code Keypads Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Door Code Keypads Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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