Exit Door locks Market was valued at USD 2.4 Billion in 2022 and is projected to reach USD 3.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
Throughout 2018 to 2022, the key factors influencing the exit door locks market included stringent safety standards, rising urbanization, and the boom in the construction industry. The demand for exit door locks was primarily seen in commercial and public sector buildings such as office complexes, schools, hospitals, and government institutions. Smart locks became particularly popular during this period, offering features like remote monitoring, keyless entry, and integration with security systems. Manufacturers capitalized on these trends, offering products that combined convenience with enhanced safety.
The next decade, from 2023 to 2033, is expected to usher in even more sophisticated and integrated security solutions. The exit door locks market is poised for exponential growth, driven by the rising adoption of smart buildings, increased government regulations, and consumer preference for contactless access systems. As smart city initiatives gain momentum, the demand for integrated and automated exit door locks will further intensify. Additionally, the growing focus on energy-efficient and sustainable building designs will likely influence the development of more eco-friendly and energy-saving lock systems. The emergence of artificial intelligence (AI) and Internet of Things (IoT) in security systems will also reshape the market dynamics, offering enhanced functionality, better remote access management, and even predictive maintenance capabilities.
Looking forward, manufacturers will continue to innovate, offering solutions that integrate seamlessly with other smart technologies. The demand for these products is expected to surge not only in commercial spaces but also in residential buildings, as consumers become more security-conscious and seek greater convenience in their daily lives. The shift toward security-as-a-service (SaaS) models could also change the way consumers and businesses approach exit door lock systems, with subscription-based models providing a flexible, cost-effective solution to security needs.
Get an In-Depth Research Analysis of the Global Exit Door locks Market Size And Forecast [2025-2032]
The exit door locks market has undergone significant transformations from 2018 to 2022, largely driven by technological advancements, increasing safety regulations, and rising concerns for building security. During this period, the demand for innovative exit door locks soared, with a major push from industries such as commercial real estate, retail, and public infrastructure. Manufacturers focused on enhancing the functionality and durability of locks, introducing smart, biometric, and electronic locking systems, thereby meeting the growing need for high-security solutions. These trends were propelled by increasing construction activities and a heightened awareness of emergency safety protocols, particularly in the wake of various global safety concerns.
SIEGENIA
steute Technologies
Liurui
TOSAFE
dormakaba
Decor Handles
Detex Corporation
ASSA ABLOY
Keyence
Secone
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 Global Exit Door locks Market
Supermarket
Shopping mall
Hospital
School
Based on Types the Market is categorized into Below types that held the largest Exit Door locks market share In 2023.
Single Door
Double Door
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Exit Door locks 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. Global Exit Door locks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Exit Door locks Market, By Type
6. Global Exit Door locks Market, By Application
7. Global Exit Door locks Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Exit Door locks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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