The Europe RFID Locks Market would witness market growth of 15.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,741.8 thousand units, showcasing a growth of 14.6% (2019-2022).
Schools, colleges, and universities deploy RFID locks to secure classrooms, laboratories, and administrative offices. RFID-enabled student ID cards serve as access keys, streamlining security measures and ensuring a safe educational environment. Government facilities and defense installations leverage RFID technology for secure access control. RFID cards or tags ensure that only authorized personnel can enter restricted areas, enhancing national security. In retail, RFID locks secure stockrooms, storage areas, and offices. These systems help prevent theft, monitor employee access, and contribute to the overall security of the retail environment.
RFID locks offer unparalleled convenience and efficiency in access control. With contactless entry and the ability to centrally manage access permissions, RFID technology streamlines security processes for individuals and organizations. Integrating RFID locks with the Internet of Things (IoT) and smart building solutions is a significant driver of market growth. Smart locks with RFID technology can be seamlessly integrated into larger building management systems, allowing for centralized control and monitoring. The obsolescence of physical keys is a notable factor contributing to adopting RFID locks. Unlike traditional keys that can be lost, stolen, or duplicated, RFID key cards or tags are easily replaceable, and access permissions can be updated remotely, reducing security risks.
RFID locks play a role in securing access to critical areas within transportation and logistics hubs in Europe. This includes airports, train stations, and logistics centers where controlled access is essential for security and operational efficiency. The European retail sector uses RFID locks to secure access to inventory storage areas, preventing theft and ensuring efficient inventory management. The technology contributes to overall retail security measures. Therefore, the factors mentioned above will propel the market growth in this region.
The Germany market dominated the Europe RFID Locks Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $851.4 million by 2030. The UK market is exhibiting a CAGR of 14.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 16.2% during (2023 - 2030).
Free Valuable Insights: The Global RFID Locks Market will Hit $13.6 Billion by 2030, at a CAGR of 15.5%
Based on Access Device, the market is segmented into Key Cards, Mobile Phone, and Wearable & Others. Based on Application, the market is segmented into Hospitality, Transportation & Logistics, Residential, Automotive, BFSI, Retail, and Government & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Allegion PLC
- Fortune Marketing Pvt Ltd.
- Honeywell International, Inc.
- Siemens AG
- Assa Abloy AB
- Dormakaba Holding AG
- MIWA Lock Company, Ltd.
- Dolphin RFID Pvt. Ltd.
- Salto Systems, S.L.
- Nestwell Technologies
Europe RFID Locks Market Report Segmentation
By Access Device (Volume, Thousand Units, USD Billion, 2019-2030)
- Key Cards
- Mobile Phone
- Wearable & Others
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
- Hospitality
- Transportation & Logistics
- Residential
- Automotive
- BFSI
- Retail
- Government & Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe RFID Locks Market, 2019 - 2022, USD Million
TABLE 2 Europe RFID Locks Market, 2023 - 2030, USD Million
TABLE 3 Europe RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 4 Europe RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 5 Europe RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 6 Europe RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 7 Europe RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 8 Europe RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 9 Europe Key Cards Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Key Cards Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Key Cards Market by Country, 2019 - 2022, Thousand Units
TABLE 12 Europe Key Cards Market by Country, 2023 - 2030, Thousand Units
TABLE 13 Europe Mobile Phone Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Mobile Phone Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Mobile Phone Market by Country, 2019 - 2022, Thousand Units
TABLE 16 Europe Mobile Phone Market by Country, 2023 - 2030, Thousand Units
TABLE 17 Europe Wearable & Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Wearable & Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Wearable & Others Market by Country, 2019 - 2022, Thousand Units
TABLE 20 Europe Wearable & Others Market by Country, 2023 - 2030, Thousand Units
TABLE 21 Europe RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 22 Europe RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 23 Europe RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 24 Europe RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 25 Europe Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Hospitality Market by Country, 2019 - 2022, Thousand Units
TABLE 28 Europe Hospitality Market by Country, 2023 - 2030, Thousand Units
TABLE 29 Europe Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Transportation & Logistics Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Transportation & Logistics Market by Country, 2019 - 2022, Thousand Units
TABLE 32 Europe Transportation & Logistics Market by Country, 2023 - 2030, Thousand Units
TABLE 33 Europe Residential Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Residential Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Residential Market by Country, 2019 - 2022, Thousand Units
TABLE 36 Europe Residential Market by Country, 2023 - 2030, Thousand Units
TABLE 37 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Automotive Market by Country, 2019 - 2022, Thousand Units
TABLE 40 Europe Automotive Market by Country, 2023 - 2030, Thousand Units
TABLE 41 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe BFSI Market by Country, 2019 - 2022, Thousand Units
TABLE 44 Europe BFSI Market by Country, 2023 - 2030, Thousand Units
TABLE 45 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Retail Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Retail Market by Country, 2019 - 2022, Thousand Units
TABLE 48 Europe Retail Market by Country, 2023 - 2030, Thousand Units
TABLE 49 Europe Government & Others Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Government & Others Market by Country, 2023 - 2030, USD Million
TABLE 51 Europe Government & Others Market by Country, 2019 - 2022, Thousand Units
TABLE 52 Europe Government & Others Market by Country, 2023 - 2030, Thousand Units
TABLE 53 Europe RFID Locks Market by Country, 2019 - 2022, USD Million
TABLE 54 Europe RFID Locks Market by Country, 2023 - 2030, USD Million
TABLE 55 Europe RFID Locks Market by Country, 2019 - 2022, Thousand Units
TABLE 56 Europe RFID Locks Market by Country, 2023 - 2030, Thousand Units
TABLE 57 Germany RFID Locks Market, 2019 - 2022, USD Million
TABLE 58 Germany RFID Locks Market, 2023 - 2030, USD Million
TABLE 59 Germany RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 60 Germany RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 61 Germany RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 62 Germany RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 63 Germany RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 64 Germany RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 65 Germany RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 66 Germany RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 67 Germany RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 68 Germany RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 69 UK RFID Locks Market, 2019 - 2022, USD Million
TABLE 70 UK RFID Locks Market, 2023 - 2030, USD Million
TABLE 71 UK RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 72 UK RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 73 UK RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 74 UK RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 75 UK RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 76 UK RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 77 UK RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 78 UK RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 79 UK RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 80 UK RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 81 France RFID Locks Market, 2019 - 2022, USD Million
TABLE 82 France RFID Locks Market, 2023 - 2030, USD Million
TABLE 83 France RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 84 France RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 85 France RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 86 France RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 87 France RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 88 France RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 89 France RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 90 France RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 91 France RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 92 France RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 93 Russia RFID Locks Market, 2019 - 2022, USD Million
TABLE 94 Russia RFID Locks Market, 2023 - 2030, USD Million
TABLE 95 Russia RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 96 Russia RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 97 Russia RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 98 Russia RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 99 Russia RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 100 Russia RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 101 Russia RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 102 Russia RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 103 Russia RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 104 Russia RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 105 Spain RFID Locks Market, 2019 - 2022, USD Million
TABLE 106 Spain RFID Locks Market, 2023 - 2030, USD Million
TABLE 107 Spain RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 108 Spain RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 109 Spain RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 110 Spain RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 111 Spain RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 112 Spain RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 113 Spain RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 114 Spain RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 115 Spain RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 116 Spain RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 117 Italy RFID Locks Market, 2019 - 2022, USD Million
TABLE 118 Italy RFID Locks Market, 2023 - 2030, USD Million
TABLE 119 Italy RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 120 Italy RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 121 Italy RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 122 Italy RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 123 Italy RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 124 Italy RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 125 Italy RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 126 Italy RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 127 Italy RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 128 Italy RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 129 Rest of Europe RFID Locks Market, 2019 - 2022, USD Million
TABLE 130 Rest of Europe RFID Locks Market, 2023 - 2030, USD Million
TABLE 131 Rest of Europe RFID Locks Market, 2019 - 2022, Thousand Units
TABLE 132 Rest of Europe RFID Locks Market, 2023 - 2030, Thousand Units
TABLE 133 Rest of Europe RFID Locks Market by Access Device, 2019 - 2022, USD Million
TABLE 134 Rest of Europe RFID Locks Market by Access Device, 2023 - 2030, USD Million
TABLE 135 Rest of Europe RFID Locks Market by Access Device, 2019 - 2022, Thousand Units
TABLE 136 Rest of Europe RFID Locks Market by Access Device, 2023 - 2030, Thousand Units
TABLE 137 Rest of Europe RFID Locks Market by Application, 2019 - 2022, USD Million
TABLE 138 Rest of Europe RFID Locks Market by Application, 2023 - 2030, USD Million
TABLE 139 Rest of Europe RFID Locks Market by Application, 2019 - 2022, Thousand Units
TABLE 140 Rest of Europe RFID Locks Market by Application, 2023 - 2030, Thousand Units
TABLE 141 Key Information – Allegion PLC
TABLE 142 Key Information – Fortune Marketing Pvt Ltd.
TABLE 143 Key Information – Honeywell International, Inc.
TABLE 144 Key Information – Siemens AG
TABLE 145 Key Information – Assa Abloy AB
TABLE 146 Key Information – Dormakaba Holding AG
TABLE 147 Key Information – MIWA Lock Company, ltd.
TABLE 148 Key Information – Dolphin RFID Pvt. Ltd.
TABLE 149 Key Information – Salto Systems, S.L.
TABLE 150 Key Information – Nestwell Technologies
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe RFID Locks Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting RFID Locks Market
FIG 4 Porter’s Five Forces Analysis – RFID Locks market
FIG 5 Europe RFID Locks Market share by Access Device, 2022
FIG 6 Europe RFID Locks Market share by Access Device, 2030
FIG 7 Europe RFID Locks Market by Access Device, 2019 - 2030, USD Million
FIG 8 Europe RFID Locks Market share by Application, 2022
FIG 9 Europe RFID Locks Market share by Application, 2030
FIG 10 Europe RFID Locks Market by Application, 2019 - 2030, USD Million
FIG 11 Europe RFID Locks Market share by Country, 2022
FIG 12 Europe RFID Locks Market share by Country, 2030
FIG 13 Europe RFID Locks Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Allegion PLC
FIG 15 SWOT Analysis: Honeywell international, inc.
FIG 16 SWOT Analysis: Siemens AG
FIG 17 Recent strategies and developments: Assa Abloy AB
FIG 18 SWOT Analysis: Assa Abloy AB
FIG 19 Swot Analysis: Dormakaba Holding AG